“It puts something like Vinfant. [Vietnam] “Even though there are capital controls, I think that’s the main formal obstacle for companies, they can do IPOs,” said Johan Annel, a Beijing-based partner at ARC Group, on the map. Firms that have been vetting potential IPO clients for years have been talking to many companies in and … Read more
Amazon (AMZN), the nation’s largest shipping company, is predicted to expand its club name. The holiday online shopping season is off to a strong start this year, giving us another reason to be confident in the company’s retail business. Amazon has surpassed United Parcel Service (UPS) for the first time in 2022, shipping 5.2 billion … Read more
U.S. stocks rose more than 5% after October CPI data showed inflation rose at a faster-than-expected pace. I like to use the iShares Russell 2000 ETF (IWM), which seeks to track the investment performance of the Russell 2000 index by measuring the performance of the small-cap sector of the US equity market. The trailing index … Read more
Investors will get clues about consumer sentiment this week from retail companies scheduled to report earnings. Among the companies slated to post earnings are Target, Walmart and Home Depot. Those reports come as investors fret about the possibility of a recession next year. The third quarter earnings season largely exceeded expectations. More than 90% of … Read more
Ron Barron, founder of Barron’s Capital. Anjali Sundaram | CNBC We are becoming an increasingly, transactional, emotion-driven society. With most of our lives tied to our smartphones and computers, providing endless distractions, people’s attention spans have shrunk. On top of that, businesses have made it easier for us to act on our needs. Purchases — … Read more
Sony reported a 29% drop in operating profit for the second quarter as the company experienced weakness in its image sensor business. Sony’s sharp decline in profits was attributed to weakness in its imaging sensor business, as well as lower profits in its financial services and entertainment, technology and services divisions. As the company stated … Read more
Investors shouldn’t jump to load up on Apple ( AAPL ) shares due to a few cautious reports ahead of this week’s quarterly results. In recent days, the narrative shaped by financial media and Wall Street analysts has focused on Apple’s relationship with Alphabet ( GOOGL ) on Google Search, the iPhone 15’s first sales … Read more