Sean O'Shaughnessey on October 31st, 2017
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Americans are saving less as the economy and stock market heat up and they boost their spending on big-ticket items like cars and refrigerators. The U.S. saving rate fell to a 10-year low of 3.1% in September, down from a recent peak of 6.3% in October 2015, the Commerce Department said Monday. Low unemployment and rising […]

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Sean O'Shaughnessey on October 29th, 2017
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Big Tech can generate big numbers, but it was fast growth in the cloud business that helped ignite a buying frenzy Friday that drove up market values by nearly $139 billion in 30 minutes. The stunning growth of the cloud businesses at Amazon.com Inc.  Microsoft Corp. , and Google parent Alphabet Inc. were a relatively […]

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Continue reading about Tech Rally Is Juiced by Highflying Cloud Business

Sean O'Shaughnessey on October 28th, 2017
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The online retail giant gave Wall Street some cheer Thursday, posting third-quarter sales that jumped 34% to $43.7 billion. That would have beat analysts’ forecasts even without a $1.3 billion contribution from Whole Foods Market. Operating income, while down 40% year-over-year to $347 million, managed to beat the company’s rather downbeat forecast from the second […]

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Continue reading about Amazon’s Profits Don’t Come Cheap

Sean O'Shaughnessey on October 27th, 2017
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Align Technology, Inc. reported earnings per share (EPS) of $1.01 in the third quarter of 2017, substantially up 60.3% year over year. Earnings were also higher than the company’s guided range of 78-81 cents. The figure comfortably beat the Zacks Consensus Estimate of 82 cents. Revenues grew 38.3% year over year to $385.3 million in […]

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Continue reading about Align Technology (ALGN) Q3 Earnings Top on Invisalign Sales

Sean O'Shaughnessey on July 14th, 2017
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  Amazon.com Inc.  was the subject of two investor calls Thursday that raised concerns that it is getting too big.In one case, hedge-fund manager Douglas Kass said government intervention could be imminent. “I am shorting Amazon today because I have learned that there are currently early discussions and due diligence being considered in the legislative […]

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Continue reading about Is Amazon ($AMZN) at risk of a US government antitrust investigation?