Why Amazon Layoffs Are NOT A Reason To Buy AMZN Stock

Why Amazon Layoffs Are NOT A Reason To Buy AMZN Stock

AMZN stock faces a long comeback path and could sink further from here Amazon (AMZN) is the latest FAANG component to announce mass layoffs. Shares remain up from their 52-week lows, but there’s a high chance AMZN coughs back these gains...
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Double Bottom But…

It’s a good thing stocks rebounded to start October trading; otherwise, it might have been catastrophic. The NASDAQ finished up September with a 52-week closing low but managed to stay within a whisker of its 52-week intraday low of 10,565.14....
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Biden To Sign Order Against Big Tech, Blowing Competition Wide Open

U.S. President Joe Biden has announced the signing of an executive order targeting the monopoly practices of Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB), and Google – Alphabet Inc Class A (NASDAQ:GOOGL). Looking to Increase Competition ...
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Why Tech Will Be 2021’s Top-Performing Sector

Investors might have thought they’d seen it all in 2020. But the stock market action was merely a preview of what’s to come in 2021. Just to take a quick look back, the market gave everyone a scare in 2020 when it...
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