Seventh straight quarters that amazon has been in the black. Deidre bosa, san francisco. Despite amazons pull back in late day trading today the stock is up more than 7 this year similar to other tech stocks. In fact, the tech focus nasdaq 100 has risen more than 5. 5 since the 2015 easily outperforming both the dow and s p 500. But there are some headwinds and additionally some tailwinds but those headwinds could derail the rally that has been going on in the tech sector since the beginning of the year. Scott tesler head of Technology Equity search as cfra search and he joins us now to discuss. Scott, technologies off to a good start. Can it keep it up . To some extent we think so, tyler. Its basically tied for first as the best performing s p 500 sector at least through january up 4. 2 and we think that really reflects a couple of realities. One is these stocks were not, lets say, loved post election. A lot of people were gravitating too sectors and names that people thought would be
Ftse 100, italy, spain, all up. Looking at crude. Wti sitting at 50. 91. Lets get to that microsoft story. It is the top corporate story. Shares of the tech giant popping on better than expected quarterly results. The big driver, the cloud. The shares of the microsoft product doubling in the most recent quarter. The stock hitting an alltime high in afterhours trading breaking through a level hit at the peak of the tech bubble back in 1999. Its going to close in on a half trillion dollars again. Its great day to have ballmer on. He took a lot of flack for not turning it into something it wasnt. In hindsight, now that we have the benefit of hindsight, he kept that thing moving along. Increasing revenue. Maybe the share price didnt go all the way back. Got pretty rich himself. How much does he have left . I expect him well have him for an hour. I expect him to be in a really good mood today. Because of the stock price. Very few of us get like 4 billion richer on wake up in the morning. I
Distribution. Next, cities and counties still have the right to ban medical marijuana businesses. Individuals will have the right to grow it themselves. The deal also addresses some of the environmental damage done by outdoor crops that steal water and pollute forests are chemicals. All these measures will be up for a vote today when lawmakers adjourn for the year. Also up for a vote the end of life option act otherwise known as the right to die or assisted suicide. It would allow doctors to prescribe a lethal dose of drugs for those who are terminally ill. Its modeled on other laws the patient must submit two verbal requests 15 days apart and then a written request to a doctor signed in front of two witnesses. Theres been emotional debate for years but it took a new urgency when Brittany Maynard moved from california to oregon to kill herself after she was diagnosed with brain cancer at age 29. She captured the whole experience on video and urged lawmakers to pass legislation. After t
Chicago, IL (PRWEB) August 12, 2021 CHICAGO – August 12, 2021 – Ziegler, a specialty investment bank, is pleased to announce the successful closing of the