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27 Jul 2017 12:47 #347253
by chairman
Amazon.com founder Jeff Bezos has surpassed Bill Gates to become the richest person in the world, Bloomberg News reported. A Thursday morning surge in Amazon’s share price pushed Bezos’ net worth to $90.9 billion, compared to $90.7 billion for Gates. The Microsoft founder had held the top spot on the Bloomberg Billionaire Index since May 2013.
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27 Jul 2017 16:25 #347284
by chairman
Amazon 'could be the first trillion-dollar company' with stock doubling to $2,000, leading analyst says
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27 Jul 2017 16:36 #347285
by chairman
[color=rgb(20, 23, 26)]Mattel shares slump after sales miss estimates
[/color]
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28 Aug 2017 17:22 #349943
by chairman
The S&P 500 and Dow ended little changed on Monday, with energy and bank shares lower as Tropical Storm Harvey crippled the U.S. energy hub in Texas, while tech and healthcare gave a light boost to the Nasdaq. Harvey, the most powerful hurricane to strike the southern U.S. state in more than 50 years when it came ashore on Friday, dumped more rain on Houston on Monday, and the flooding could worsen as engineers release water from overflowing reservoirs to keep it from jumping dams and surging uncontrollably.
Market analysts said despite the human drama and infrastructure devastation, the market could take solace in the fact that a massive rebuilding effort would mostly offset the negative economic consequences of the flooding.
U.S. crude futures fell 2.5 percent to $46.68 per barrel over concerns that the refinery shutdowns could trigger an increase in crude inventories. Gasoline prices , however, rose.
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