How to identify stock market winners

How to identify stock market winners

Finding the right businesses to invest in can be a daunting task, but veteran investor Mohnish Pabrai tells CNBC how he identifies long-term winners in the stock market. Pabrai, managing partner of Pabrai Investment Funds, is widely known for closely following Warren Buffett’s principles on value investing and capital allocation. Value investing has come into … Read more

5 things to know before the stock market opens Friday, June 10

5 things to know before the stock market opens Friday, June 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street turns decisively lower after another hot inflation report Traders work on the floor of the New York Stock Exchange NYSE US stock futures turned sharply lower after Friday’s before-the-bell inflation report showed a bigger-than-expected increase. … Read more

Amazon will let you try on digital versions of shoes you want to buy

Amazon will let you try on digital versions of shoes you want to buy

Zoom In IconArrows pointing outwards Amazon on Thursday rolled out a new augmented reality shopping tool that lets users virtually try on shoes they may be interested in buying. Amazon said the tool would make the online shopping experience easier and more interactive for shoppers. The feature, called Virtual Try-On for Shoes, is available for … Read more

Tech companies lost $17 billion in Q1 as equity investments take a hit

Tech companies lost  billion in Q1 as equity investments take a hit

An electric Amazon delivery van from Rivian cruises down the street with the Hollywood sign in the background. Amazon The tech sell-off of 2022 accelerated in the past couple weeks, with first-quarter earnings reports highlighting challenges like inflation, supply chain shortages and the war in Ukraine. For some tech leaders, the market swoon has created … Read more

eBay, Etsy earnings Q1 2022 reflect e-commerce crunch

eBay, Etsy earnings Q1 2022 reflect e-commerce crunch

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy and eBay reported better-than-expected first-quarter results after the bell on Wednesday, but the companies gave weak guidance for the current quarter that suggests the e-commerce sector is cooling off after a … Read more

TikTok looms large in tech earnings from Google, Facebook, Amazon

TikTok looms large in tech earnings from Google, Facebook, Amazon

Rafael Henrique | LightRocket | Getty Images As the heart of tech earnings season wraps up, one persistent theme has been weakness in the digital ad market. The war in Ukraine, rising inflation, Apple’s privacy changes and an overall pullback in ad spending help explain why Facebook, Google, Amazon and Twitter all reported disappointing revenue … Read more

5 things to know before the stock market opens Friday, April 29

5 things to know before the stock market opens Friday, April 29

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, ​​CEO … Read more

Amazon takes $7.6 billion loss on Rivian stake from Q1 stock plunge

Amazon takes .6 billion loss on Rivian stake from Q1 stock plunge

RJ Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup and all-electric R1S SUV at Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Amazon invested in electric vehicle maker Rivian in 2019 as part of a plan to go green. During the first quarter, it saw nothing … Read more

Shopify versus Amazon: One company planning billion-dollar acquisition, other announces new strategy as competition heats up

Shopify versus Amazon: One company planning billion-dollar acquisition, other announces new strategy as competition heats up

A deal worth about US$2.5-billion to acquire San Francisco startup Deliverr is expected to be finalized before Shopify’s first-quarter earnings call on May 5, according to a senior source at Shopify.Justin Tang/The Canadian Press Shopify Inc. SHOP-T is attempting to make its most significant acquisition yet to expand its warehousing and delivery services, just as … Read more

Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power

Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon shareholders’ approval, Shopify will … Read more