For investors trying to play a gold rush, it’s important to look at who sells the picks and shovels to miners.
The Ratings Game: Amazon faces a near-term cloud — but this analyst sees far sunnier days ahead
The recovery of Amazon’s AWS business is a hot area of stock-market debate nowadays, but one analyst sees a bright picture as he looks past that issue.
Earnings Results: Victoria’s Secret’s stock rallies on more upbeat third-quarter forecast, but retailer says its products don’t stand out enough
Victoria’s Secret & Co.’s stock rose after hours after the maker of bras, lingerie and sleepwear said it expected to lose less than previously thought in Q3.
: IRS notifies Microsoft it owes an additional $29 billion in back taxes
Microsoft Corp. on Wednesday said it has received a notice from the Internal Revenue Service that it owes $28.9 billion in back taxes plus interest and fines for the tax years 2004 to 2013.
Banking: Goldman Sachs sheds GreenSky lending platform but still faces lack of low-cost deposits, analyst says
Bank’s sale of GreenSky unit to a private-equity consortium led by Sixth Street comes after big drop in company valuations since it bought the business in 2021.
The Tell: Russia imposes capital-control measure in bid to stabilize ruble: reports
Russia imposed a capital-control measure aimed at stabilizing a volatile ruble, news reports said Wednesday.
The Tell: Consumer staples is the S&P 500’s second worst performing sector in 2023. Why it still doesn’t look attractive despite cheap valuation.
U.S. stocks in the consumer staples sector are getting hammered this year as investors flee dividend-paying shares in favor of higher yields and less risk in the U.S. Treasurys.
The Ratings Game: Meta’s and Alphabet’s stocks close at highest levels since early 2022
Internet stocks Meta and Alphabet recorded their highest closes in more than a year as they continued their October rally.
: ‘Barbie’ was the rare original-film summer blockbuster. It will not reverse the franchise flood.
As studios and advertisers search for takeaways, analysts say the success of “Barbie” will be hard to repeat and is unlikely to stop the deluge of franchise movies.
The Fed: Fed minutes show officials wary about the outlook and wanting to move carefully
Federal Reserve officials were uncertain and decided that they would move carefully in coming months, according to minutes of their September meeting.
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