With a stock price surge of 13% after Amazon’s most recent quarterly filing, Wall Street analysts were reportedly “shocked” by the company’s rapid growth. The e-commerce juggernaut beat both quarterly revenue and earnings forecasts, and continues to trailblaze with a 34% revenue growth rate.
Authored by Adam Taggart via PeakProsperity.com,
The idea of an 'industrial economy' is an extremely recent human invention. And we’ve staked quite a lot on its continuation.
But it faces a massive predicament: It’s running out of resources.
Submitted by Shant Movsesian and Rajan Dhall MSTA from fxdaily.co.uk
Onto one of the main events this week, after the FOMC passed without a flutter and the BoE meet Thursday morning to deliver what many anticipate will be a 25bp hike to reverse the emergency move last summer. As such, many are pondering whether this intended move - signalled pretty insistently in the prior 2 meetings - is a mere readjustment of the knee-jerk move last summer or whether this is the start of a tightening cycle.
Authored by Daisy Luther via The Organic Prepper blog,
If you know something is going to upset you, why would you deliberately put yourself in a situation in which you will be angered, saddened, or hurt? There’s no other answer except that you actually want to be offended.
After GM's stock surged over 35% in the past two months, Goldman finally decided they had seen enough this morning and downgraded the stock to sell with a $32 price target.