By Martin Baccardax A big jump in expenses didn’t hold back Amazon earnings, but the world’s biggest retailer is nonetheless planning to increase the costs of its Prime membership. Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted stronger-than-ex…
Amazon Fourth-Quarter Earnings Live Blog
By Eric Jhonsa Real Money’s Eric Jhonsa covers Amazon’s fourth-quarter earnings report and conference call with management. With Amazon.com’s shares having fallen to their lowest levels since the summer of 2020, the bar appears to be set pretty low ahe…
Jim Cramer Talks With SoFi CEO
By Frank Hartzell Online lender recently won clearance to go national. An online lender that chooses who to lend to very carefully will now get the chance to select applicants from all 50 states after action by the federal government. Jim Cramer heard …
These Three Stocks Are Ready to Take Off, Credit Suisse Says
By Dan Weil Health insurance and info tech companies are sitting at ‘inflection points’ with shares poised for gains of 25% to 100%, bank says. Credit Suisse has selected stocks that it sees at “inflection points,” with catalysts occurring that will dr…
Crypto.Com, Sam’s Club Buy Super Bowl Ads, Coca-Cola Is Sitting It Out
By Michael Tedder NBC has reportedly hit record heights of $6.5 million for each 30-second ad during the big game. When advertisers committed to spending $6.5 million per 30-second Super Bowl ad they were probably hoping for a better matchup than the L…
Use These Two Stocks to Ride Out Tech Turbulence
By Brian O’Connell Even as a new version of the dot-com bubble plays out, the two old giants are likely to prosper, Real Money’s Brad Ginesin argues. To understand today’s market, it helps to look back in time — and that’s exactly what Real Money’s Br…
Facebook Says Apple’s Privacy Push Will Cost $10B (But Can’t Stop It)
By Tony Owusu Meta says changes to Apple’s ad tracking policy will cost the company $10 billion in 2022, but does it have a plan to stop the bleeding? If greater privacy controls for its users equals less revenue for Facebook parent company Meta Platfo…
McDonald’s New Burger Borrows From a Wendy’s Tradition
By Veronika Bondarenko The fast-food giant has a new burger and it looks a little familiar. Square hamburgers belong to Wendy’s (WEN) – Get Wendy’s Company Report. The company has used that shape as a way to its hamburgers apart from its rivals to show…
Earnings Plunge Has Meta Stock Hitting One Key Level — Chart
By Bret Kenwell Meta stock is plunging down to its 2021 low on earnings. Here’s how to trade it from here. Shares of Meta (MVRS) – Get Meta Report are getting hammered on the day, down about 25% on Thursday after reporting earnings. The company missed …
Biden EVs Push Could Derail $11.3B Postal Service Truck Contract
By Tony Owusu The Biden administration is looking to hold up an $11.3 billion USPS truck contract because the deal isn’t green enough. President Joe Biden’s push to combat climate change is a wildcard that could turn fortunes around of otherwise unknow…