Amazon.com has put in a last-minute offer to buy short-form video app TikTok, the New York Times reported on Wednesday, citing sources familiar with the matter.
Peter Torkan, star of Luxe Listings Toronto and luxury real estate leader, joins Hyyve's Advisory Board to help scale its agent listing-bid marketplace.
It's no secret that the naysayers have picked the technology sector as their latest target for criticism, this time going as far as to say there is a bubble in the entire artificial intelligence and cloud space. If everyone can see a bubble, it's not a bubble; that's what Wall Streeters can add to the table for these accusations.
Just weeks after approaching its all-time high, the Nasdaq Composite is tumbling. As of Tuesday morning, the tech-heavy index was down by about 15% from its peak, putting it well into correction territory.
Amazon (AMZN 0.99%), Walmart (WMT 1.05%), and Target (TGT) stocks all fell more than 10% last month according to data provided by S&P Global Market Intelligence. The market's been down on tariff talks and moves, and the S&P 500 dropped 5% in March.
Stanley Druckenmiller has a knack for identifying global investing trends. When he finds something interesting, the billionaire investor isn't afraid to bet big on it.
The so-called "Magnificent Seven" stocks have helped power the market higher for the past few years. However, just like other stocks, these names have pulled back in recent weeks over macroeconomic concerns affecting earnings, some angst about the potential for diminishing returns related to artificial intelligence (AI), and uncertainty over tariff actions by the Trump administration.
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