Amazon’s all-new Echo is a more attractive smart assistant
Back in late 2014, I was highly skeptical when Amazon (AMZN) introduced its Amazon Echo and Alexa voice assistant. After all, who would want a speaker in their homes they could talk to? It turns out a lot of people. Enough, in fact, for Amazon to launch five more smart speakers since then, including the all-new Echo. Available now […]
J.C. Penney Is on Its Deathbed, Says the Stock Market
Like a teen’s pair of jeans, J.C. Penney’s (JCP) stock has been torn to shreds. The department store lowered its full-year same-store sales, profit and earnings forecast Friday, predicting that its sales will be flat at best or fall by 1%. It cut its adjusted earnings from 40 cents to 60 cents to 2 cents […]
Advanced Micro Devices Stock Could Plunge 32% to $8
The sky is falling for Advanced Micro Devices . Or at least, that’s how it feels. AMD stock fell almost 15% last week and opened Monday’s trading session lower by 6% before bouncing slightly so far in early trading. Analysts at Morgan Stanley downgraded shares of Advanced Micro Devices to underweight from equal weight, moving […]
Trump ‘seething’ as Mueller probe reaches former aides
Washington (CNN) – The dramatic intensification of the Russia investigation on Monday reignited President Donald Trump’s fury at the controversy clouding his presidency, prompting his aides to urgently advise him against lashing out at special counsel Robert Mueller as they work to revive a halting policy agenda. Watching the developments unfold on the large television screens installed in his private […]