Why Target is a Hold in the Wake of Strong Holiday Numbers
Ariel Aharnovich, Author at Seeking Alpha, discusses Target's updated outlook in the wake of strong holiday sales numbers. He explains why he thinks the stock is a strong hold.
Aharnovich digs into recent predictions by some analysts that say Amazon might purchase Target this year to expand its brick and mortar business. We talk the ins and outs of this potential move and why Target may not be the best purchase Amazon could make in 2018.
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
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