For two years now, tech companies have spent massive amounts of money building the capacity to serve what they believed would be a higher level of postpandemic demand. If you build it, they will come....
Tag: consumer services
FTC’s proposed ban on noncompete agreements could have biggest impact on tech industry
Ryan Morrissey is a serial founder of software companies, having already launched three separate startups. Yet when he sold one of those companies, he had to sign an agreement to not start any more fo...
It’s Pharma Time: Why Merck and Lilly Stock Are Buys, but not Pfizer.
My 2023 biotech outlook calls for continued momentum in name changes. I just need to figure out what the stocks will do. Last year, Respira Technologies became Qnovia. It’s run by a former tobacco exe...
CES 2023: AMD, Nvidia, auto applications get the hype, but analysts say this one chip maker ruled
As CES 2023 draws to a close, much of the attention in the chip world was lauded on companies like Advanced Micro Devices Inc. and Nvidia Corp. but a lower profile chip maker appears better positioned...
Opinion: Roth IRA conversions: Take advantage of this limited-time offer to save on taxes
No one likes taxes, but everyone loves a sale. So the idea of a major blowout on Roth conversions in 2023 — a limited time offer, no less — might make it enticing to pay taxes now to avoid them in the...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
Alibaba Stock Is Soaring. What’s Driving Its Big Move.
Alibaba stock was on a tear Wednesday amid signs that the tough regulatory landscape for Chinese tech stocks—one of two key headwinds facing the sector—is improving. Progress has put investors on a bu...
This analyst who forecast a double-digit drop in stocks for 2022 now says Jeff Bezos may return to helm Amazon
If Tuesday was any indication of how the market will behave this year, then buckle up, it looks like it will be a wild one. The Dow Jones Industrial Average DJIA, -0.21% had a 537-point trading range,...
Why this Japanese idea can lead to a more fulfilling retirement
Typical New Year’s resolutions, financially speaking, tend to be things like:” I’ll save more,” “I’ll reduce debt” or “I’ll become smarter about investing.” I’d like to offer a different one for 2023,...
Workers in California and Washington State will get more pay transparency
Do you know how much your job is worth? Millions of Americans are finally getting the answer. Starting Jan. 1, California and Washington state will require employers to include pay ranges with their ...
Berkshire Hathaway Had a Strong 2022. What to Watch in 2023.
Berkshire Hathaway is coming off a strong year, one in which operating earnings climbed, investment activity picked up sharply, and the stock handily outperformed the S&P 500 The outlook for 2023 ...
Your Coworkers Are Less Ambitious; Bosses Adjust to the New Order
Listen to article (2 minutes) Where have all the go-getters gone? At law firm Nixon Peabody LLP, associates have started saying no to working weekends, prompting partners to ask more people to help c...
These Stocks Had a Terrible 2022. The New Year Should Be Better.
Videogame maker Take-Two Interactive Software is known for two things: Grand Theft Auto, and did I already say Grand Theft Auto? The stock was down 43% in 2022, making it the group’s worst performer. ...
Opinion: 11 predictions for money, technology, stocks and crypto for 2023
Here are some 2023 predictions for financial markets, the economy and stocks. I’ve spent the last year and a half being cautious in the wake of the Bubble-Blowing Bull Market that finally ended early ...
Snowflake Is a Great Cloud Stock to Buy on the Dip, Says Wells Fargo
Investors should buy Snowflake shares because companies are going to need the cloud-software data warehousing company’s services even as the economy slows down, Wells Fargo Securities says. On Friday,...