Michael Kramer, author at Seeking Alpha, debates whether or not Amazon shares can climb any higher after surpassing the $1,500 mark for the first time recently. He also discusses Tesla stock and its resistance to negative news.
Kramer says historically when Amazon stock valuation gets to 2.5 times one year forward sales, it taps out. Kramer notes every time you turn around, Amazon is entering another part of the market.
Kramer also addresses Tesla's ability to stay resistant to bad news. He says Tesla has an "Amazon like property" to it, which allows it some wiggle room when it comes to shares.
Would U.S. companies go back to Russia if there’s a peace deal over Ukraine?
The explosive growth of the data centers is eliciting some pushback.
After years of sponsoring LGBTQ+ Pride events around the country, some companies are pulling their financial support.
‘Taco’ chance on the markets’ volatility, this is nacho average opportunity! Plus: Southwest, Boeing, Disney, Nvidia, Stellantis, McDonalds, Warner Brother
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024.
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
Stragglers beware: U.S. travelers flying with United Airlines will have to check in to domestic flights a little earlier starting next week.
Wrench attacks, where crypto investors are hit with wrenches to give up passwords, are on the rise.
SpaceX has launched its Starship mega rocket again after back-to-back explosions.
