(Bloomberg) — Amazon.com’s price target was cut at Morgan Stanley, which wrote that the online retailer’s profits could come under pressure as a result of a rising headcount and higher wages. Most Read from Bloomberg The firm lowered its target from $4,300 to $4,100, putting it below the average analyst target of $4,157. The new view still points to upside of almost 20% from Amazon’s last close. Morgan Stanley, along with every other firm tracked by Bloomberg, recommends buying the… Source link

In this article, we reviewed Bridgewater Associates founder Ray Dalio’s portfolio adjustment strategies to cope up with the market volatility. We also discussed the top ten stocks billionaire Ray Dalio is buying. You can skip our detailed discussion and jump directly to Billionaire Ray Dalio is Buying These 5 Stocks. Raymond Thomas Dalio’s $223 billion Bridgewater Associates is ranked among the world’s best and largest hedge funds. The 72-year-old investor has invented many commonly used… Source link

Vaccinating Americans with their first or second shots is more urgent than giving boosters, according to one infectious disease expert, given that unvaccinated individuals generally experience the worst outcomes when infected with COVID-19. “What I’m seeing here on the ground level in Alabama and other areas with low vaccination is that a lot of the morbidity, a lot of the bad outcomes, are not in individuals who lack a booster,” Dr. Ellen Eaton, assistant professor at the University of… Source link

As the House of Representatives prepares to vote Thursday on the bipartisan infrastructure deal, many House Republicans who have lined up against it argue that the bill is not about infrastructure at all. “I’ve got serious reservations about the fact that, depending on whose numbers you believe, only 10% to 20% of that $1.1 trillion truly goes to infrastructure,” Rep. Buddy Carter (R., Ga.) told Yahoo Finance last week. The language echoes an argument from former President Donald Trump…. Source link

The chicken wars are still raging — and Beyond Meat (BYND) is leaping into the fray with its own plant-based spin on the white hot food trend.  On Monday, the plant-based meat company announced that, after a successful foodservice launch earlier this summer, Beyond Chicken Tenders will be available to purchase at select retailers nationwide, beginning next month.  The new offering, which comes pre-cooked and ready-to-heat in an air fryer, oven or microwave, will retail for $4.99 and joins… Source link

Google celebrates it 23rd birthday. Google Doodle Google is… Source link

Stocks were mixed Monday as investors closely monitored developments in Washington, D.C., as lawmakers rush to try and avert a government shutdown and advance a bevy of new measures. The S&P 500 fell to give back some gains after the blue-chip index posted a three-day winning streak at the end of last week. The Nasdaq lagged with a drop of more than 0.8% as Treasury yields climbed. The benchmark 10-year yield extended last week’s gains to top 1.48%, reaching its highest level since June as… Source link

NEW YORK, Sept. 27, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for COST, CRM, CVX, FB, and YNDX. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock. Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system… Source link

2021 is looking uncomfortably like 2020. Poets&Quants has learned that Harvard Business School is going back to remote instruction for all first-year MBA students courses after a “steady rise in breakthrough infections” among students. The move is effective this week, September 27 to October 3. Some second-year courses also will be taught remotely this week, the school announced. “In recent days, we’ve seen a steady rise in breakthrough infections among our student population, despite… Source link

Is this truly the end of last-click attribution? Google will no longer use last-click attribution as the default conversion model in Google Ads, its buy-side ad network, the company announced in a blog post on Monday. The change will mean that, going forward, the default conversion method for any attribution touchpoint – a new product purchase page, app install campaign, display ad landing page  – will fall into what Google calls “data-driven attribution,” its algorithmic… Source link