Amazon could see billions in extra revenue next year if it hikes its Prime membership fee Amazon has no idea how much negativity on the name is out there. People are fed up with Bezos and his weddings and his kiss ass Trump stuff and his prices. My wife has severely cut back barely ordering anything from AMZN and we used to have boxes rolling n every day. There is a growing hatred in America of AMZN what it stands for. I dare them to raise prices. See what happens.
Nike sees $1B hit from tariffs Molson Coors slips after BofA downgrades due to market shares losses amid unrelenting support for Project 25' the Adolph Coors Foundation is the only one of the three organizations (WMT EXXON & Coors) still publicly disclosing support for the conservative group.
Sales at stores open at least a year have declined for five consecutive quarters. The company is getting squeezed by independent coffee shops, growing chains like Blank Street Coffee and Blue Bottle Coffee and drive-thru companies such as Dutch Bros. Customers have also balked at Starbucks’ prices. “Is it an overwhelming change? No. But I think it makes a psychological difference,” said Joseph Pine, the co-founder of consultancy Strategic Horizons, who criticized Starbucks for “commoditizing itself” through mobile orders in a Harvard Business Reviewarticlelast year. “It sends a signal to sit down and spend some time here,” he said. Starbucks plans to remodel 1,000 stores over the next year with new seating, lighting and other features. - Starbucks Coffee Company
Hummmmmmmmmmmmmm. “We do not see a further rally in Treasuries from these levels,” said Mohit Kumar, chief European strategist at Jefferies, who predicts US bonds will underperform German peers. “We believe that fiscal deficits would be the dominating concern for markets in the second half of the year.”
To identify the most overloaded positions, it's useful tolook at the Bank of America's monthly global fund managersurvey. In the June survey, the top three most-crowded tradesright now are long gold (according to 41% of those polled), long"Magnificent Seven" tech stocks (23%), and short U.S. dollar(20%).
Julie Biel Chief Market Strategist & Portfolio Manager, Kayne Anderson Rudnick Julie Biel is very sexy. Something about her is as attractive as her stock picks. She was on Bloomberg this AM and she threw cold water on this supposed China deal by saying I may tell "my wife" no margaritas tonight but I may have one. A great line and the wife part makes her even more desirable.
Yuck. People are worried that big money will move out of NYC and to Texas and Florida... I'm not sure about Texas but Florida is a no go.