Amazon erased $68.1 billion in market capitalization Friday after the company fell short of Wall Street’s revenue expectations in the third quarter, making software giant Microsoft the second-largest company in the United States. Jeff Bezos’ […]
The stock market hasn’t peaked yet, Guggenheim’s head of investing told CNBC on Friday. Instead, right now it is going through a “classic seasonal adjustment,” said Scott Minerd, the firm’s global chief investment officer and […]
Consumer sentiment for October was weaker than anticipated in the latest survey result, although the index remained near historically high levels. The University of Michigan’s monthly survey of consumers hit 98.6 in the final reading […]
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