AMZN Stock Still A Buy, Says BofA — Even Amid Lofty Valuation
Bank of America Securities (BofA) has reaffirmed its Buy rating on Amazon.com Inc. (NASDAQ: AMZN) stock, maintaining a steady price target of $225.00. read more
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Chamath Palihapitiya Warned Of Coding’s Decline—Now A Laid-Off Meta Engineer Is Thriving As An AI Prompt Director
An engineer who was laid off from Meta Platforms Inc. (NASDAQ: FB) has successfully transitioned into a career in AI prompt engineering, a field at the forefront of the latest tech trends. read more
Trump Tariffs Drive Companies To Stash Imports In Tax-Free Foreign Trade Zones
Tariff hikes have led U.S. companies to use FTZs & bonded warehouses for imported goods. Concerns about expenses & policy changes drive interest. read more
Microsoft Cracks Down On Underperformers With New Policies, Including 2-Year Rehire Ban: Report
Microsoft is implementing new performance management policies, including a two-year rehire ban for underperforming employees. read more
Calendar Glitch Brings Two SSI Checks In May — But There’s A Catch
Low-income seniors and disabled Americans on SSI will receive two payments in May (May 1 and May 30) due a quirk in the calendar. read more
Gold Hits Record High, Dollar Weakens As Trump’s Policy Stance And Fed Chair Criticism Induces Uncertainty
On Apr 21, US markets closed lower as Trump criticized Fed chair, tech stocks led sell-off. Trade tensions with China & upcoming earnings reports weighed on sentiment. All 11 sectors in S&P 500 ended in red. DJIA -2.48%, S&P 500 -2.36%, Nasdaq -2.55%. Dollar fell on Trump’s pressure on Fed, gold hit record high. read…
Nvidia CEO Jensen Huang Earns Praise From Former Intel CEO Pat Gelsinger: ‘Run Hard To Stay In The Front’
Pat Gelsinger, the former CEO of Intel Corp., expressed admiration for Nvidia Corp. and its superior performance in the artificial intelligence chip market. read more
Jim Cramer Calls It A ‘Manufactured Crisis’ As Markets Plunge Despite Strong Earnings
Cramer says U.S. stocks are sliding due to political and economic chaos, overshadowing solid earnings. Investors may ignore earnings entirely. read more
General Motors Faces Lawsuit For Violation Of Customers’ Privacy: Report
GM faces lawsuit for allegedly collecting and selling driving data without consent. Company claims privacy laws not violated. read more