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This Holiday Season, Make It Silver and Gold
Photo: Maor X | Creative Commons Attribution-Share Alike 4.0 International This Sunday evening marks the beginning of Hanukkah. The Jewish festival of lights commemorates the reclamation of the Holy Temple in Jerusalem from the Syrian-Greeks in the second century BCE. According to accounts, after Judah and his forces liberated the temple, he found only one jar of oil, good for
Microsoft's Valuation Catches Up to Apple — How Did it Happen?
Microsoft Corporation (NASDAQ: MSFT) briefly passsed Apple Inc. (NASDAQ: AAPL) as the world’s most valuable company Monday. Apple has been on a staggering trajectory in the decade since the iPhone was released, and in the process made Microsoft look like a technology company of the past. A quick comparison of the companies' retail stores at a local mall usually shows
Preparing Portfolios for Resilience Against Inflation Surprises
Many investment portfolios that rely heavily on stock-bond diversification to manage risks may not be protected against inflation surprises. Real assets offer a solution. Inflation in the U.S. has accelerated from near zero in 2015 to 2.5% in 2018 (according to the Consumer Price Index or CPI), propelled by trade tensions, strong consumer spending, the tight labor market, and a
Ex-Facebook Exec Says the Social Network Has a 'Black People Problem'
On November 8, shortly before leaving the company, ex-Facebook exec Mark Luckie wrote an email to all his fellow employees. It began: “Facebook has a black people problem.” Luckie’s title was “Strategic Partner Manager for Global Influencers focused on Underrepresented Voices,” and his job focused on outreach to minority groups using Facebook. For more than a year, he talked to
Report: Not All Google Employees Oppose the Company's China Plan
A day after dozens of Google employees signed their names to an open letter demanding the company drop its plan to build a censored search engine in China, TechCrunch is reporting that a letter signed by about 500 employees supporting the plan to re-enter China - code-named Project Dragonfly - "has been in circulation for a number of weeks." TechCrunch
Insider Response to Tech's Volatile Autumn
Within the continuing downward trend afflicting the market at large, the core of the volatility remains squarely among the performance tech names. October-November loses of anywhere from 12 to 20 percent in Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet Inc. (NASDAQ: GOOGL) have dragged the Nasdaq composite down into correction territory. When the market is volatile, it’s
Beyond the Sugar Rush: Strategic Stimulus for Chinese Stocks
Whenever the Chinese economy slows and its stocks take a serious hit, investors have come to expect the government to unleash large-scale fiscal and monetary stimulus. Another heaping spoonful of sugar may do more harm than good this time around, however. It’s time for the ailing market to take some medicine. The MSCI China A Index has tumbled by more
Google Employees Pen Open Letter Demanding Company Drop Plans For Censored China Search Engine
Google employees have ramped up their protest over the company's once-secret plan to build a censored search engine in China, with dozens of employees signing their name to an open letter published on Medium demanding the company drop the plan, known as Project Dragonfly. The open letter appears to be a joint effort between the employees and Amnesty International to
Amazon Could Contribute More Than Half of Retail Sector's Earnings Growth This Holiday Season
The holiday shopping season kicked off with Black Friday, which raked in record online sales of $6.22 billion, up 23.6 percent year-over-year, according to Adobe Analytics data. This should bode well for Amazon.com, Inc. (NASDAQ: AMZN), which has bulldozed its way to e-commerce dominance and arguably edged some brick-and-mortar retailers out of business. Leading The Retail Pack The company's influence
Keepin’ It Bearish: Hedge Fund Managers See More Room to Fall
On Monday U.S. stocks took a major plunge, especially tech stocks, but it didn’t last as many of them rallied on Tuesday. However, as the day went gone on, many U.S. stocks started to slump back toward where they were at opening bell, so it would seem volatility is here to stay. Now on Wednesday, it looks like stocks are