Get ready for a bumpy ride as earning are being released by Big Tech this week. GOOGL GOOG, Amazon.com Inc. AMZN, Apple Inc. AAPL, Facebook parent Meta Platforms Inc. META and Microsoft Corp. MSFT — prepares to report, there are serious doubts about their near future for the first time. All five have signaled that they are cutting costs or plan to soon, as MarketWatch’s Jon… Continue reading Cusp of Recession. Is this what the beginning looks like?
Amazon continues its quest by acquiring 1life Healthcare (ONEM) at $18 per share to add to the plethora of Subsidiaries it has built over the years. Amazon.com Inc. AMZN, 1.59% said Thursday it has signed an agreement to acquire One Medical, a primary care organization that operates under 1Life Healthcare Inc. ONEM, 68.32%, for $18 a share in cash, or $3.9… Continue reading Amazon Power
This year has been one of the toughest first half of the year in quiet some time and although we may be nearing the beginning of the end as the curve seems to be flattening especially on inflation, there is probably still a bit more pain to endure before the last reversal puts us on… Continue reading Be a Bull in a Bear market
The first half of 2022 has been tumultuous to say the least. We are in the middle of one of the worst years in decades after 2021 being one of the best the market has seen in quite some time. This whiplash effect is biting us all hard with record inflation and quickly rising interest… Continue reading Fighting Inflation