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Monthly Archives: October 2019

Nearly every analyst covering Amazon says buy the dip, except one

Amazon CEO Jeff Bezos tours the facility at the grand opening of the Amazon Spheres, in Seattle, Washington on January 29, 2018. Jason Redmond | Getty Barclays told clients it’s “still early” to buy the dip on Amazon, as the e-commerce giant’s period of heavy investment could hurt financials and …

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A New Biography of Janis Joplin Captures the Pain and Soul of an Adventurous Life

Joplin made the hairs on the back of people’s necks prickle. She began playing coffee houses and hootenannies in Austin and elsewhere, and floored listeners; she had the force of an opera singer. She did a version of “St. James Infirmary” that unnerved people. ImageHolly George-Warren, whose new book is …

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Oliver and Elio Are Back

FIND ME By André Aciman It is very difficult for any sequel to please everyone, the devotees of the original all clamoring for their various fantasies for the central characters. And this challenge is only compounded when that original has been adapted into a hugely successful film, the sort that …

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Goldman Sachs is latest firm to pull money from Fisher Investments

Goldman Sachs has joined the flight of institutional investors from Fisher Investments. The giant investment bank is pulling $234 million from Camas, Washington-based Fisher, according to a source close to the matter. However, the end tally could be even greater, a source told CNBC. Goldman Sachs and Fisher Investments both …

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AWS earnings Q3 2019

Attendees at an Amazon.com annual cloud computing conference Salvador Rodriguez | Reuters Amazon said on Thursday that revenue in its cloud division increased 35% in the third quarter, slower than analysts had expected and the lowest growth rate in more than five years. Amazon Web Services, which provides computing, storage …

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Intel (INTC) earnings Q3 2019

Intel Justin Sullivan | Getty Images Intel stock jumped 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth. Here are the key numbers: Earnings: Excluding certain items, $1.42 per share, vs. $1.24 per share as expected by analysts, according to Refinitiv. Revenue: …

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Fisher Investments outflows top $2.5 billion as L.A. pension leaves

The Los Angeles Fire and Police Pension System voted on Thursday to fire Fisher Investments, pulling about $522 million from the money manager. The nine-member board of commissioners voted in favor of terminating the relationship with the Camas, Washington-based firm, following lewd comments Ken Fisher had made at an investment …

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Amazon eps, verizon eps, consumer data

Amazon.com founder and CEO Jeff Bezos Scott Olson | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Digesting Amazon E-commerce giant Amazon reported third-quarter earnings that fell short of street expectations on Thursday after the bell. The news drove its …

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Student loan official resigns, calling for massive debt cancellation

A. Wayne Johnson Mirco Lazzari gp | Getty Images A senior government official appointed by Education Secretary Betsy DeVos resigned Thursday, saying the current student loan system is “fundamentally broken” and calling for billions of dollars in debt to be forgiven. A. Wayne Johnson was hired as the chief operating …

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It will take 100 years for women to earn the same as men at this rate

10’000 Hours | DigitalVision | Getty Images It could take a century for women to be paid as much as men, if things stay as they are now. The wage gap between men and women is 20%, meaning women get paid 80 cents for every $1 men earn. In the …

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