Amazon's Stock Can Rocket Another 30%, This New Bull Says
Stifel analyst now bullish on Amazon shares but takes a cautious stance on shares of eBay, Etsy, WayfairAmazon shares are ahead 58% so far in 2023, but Stifel still sees room to run.Amazon.com Inc.’s
Apple CEO Tim Cook Gets $41 Million From Biggest Share Sale Since 2021
Apple Inc. Chief Executive Officer Tim Cook sold stock worth about $41 million after taxes in his biggest sale in more than two years as the shares of the iPhone maker slide off recent highs.Key Taiwan Tech Firms Helping Huawei With China Chip Plants. Kevin McCarthy Ousted as US House Speaker by Republican Dissidents. Wall Street Fear Gauge Ratchets Up After Jobs Data: Markets Wrap. Why a US Recession Is Still Likely — and Coming Soon. Cook sold 511,000 shares, according to a filing with the US Securities and Exchange Commission on Tuesday. He still has about 3.28 million shares in the Cupertino, California-based company where he’s worked for more than two decades, according to data compiled by Bloomberg.Cook’s last major stock sale was in August 2021, when he sold more than $750 million in Apple stock after completing a decade as CEO. After tax withholdings, he netted about $355 million, according to data compiled by Bloomberg.
NIO Inc. is experiencing stronger delivery growth, with an increase of 81% YoY in August 2023.The company's delivery rebound is a promising sign that supply chain issues and production delays are impr
Apple’s iPhone 15 Event, Inflation Data, Oracle and Adobe Earnings, and More to Watch This Week
The latest inflationdata will be this week’s main event, coming right before the Federal Reserve’s September policy meeting. Several investor days, an Apple iPhone-unveiling event, and a European Cent