Companies like Amazon or Visa that can generate double-digit compound growth in revenue and earnings, year after year, are rarities. These smaller candidates could do just that.
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Carvana CEO Ernie Garcia weighs in on what's next for the market. Jackson tries to sell his Subaru.
With Covid-19 cases surging in the U.S., analysts weigh in on when the wave could peak.
4 minEarlier this summer Americans were gearing up for the return of in-person work and school in the fall, and the Delta blues were only a kind of music.
3 minThe court declined to issue an injunction blocking Indiana University from imposing a vaccine requirement on its students.
3 minThe closure raises fears of new disruptions to world trade that could slow the global economy's recovery.
3 minThe stock was up more than 300% year to date last week, the biggest gain in the S&P 500. Then the vaccine manufacturer disclosed its latest earnings.
3 minFraser Perring describes his activist playbook.
Long readBerkshire Hathaway was a net seller of just over $1 billion of stocks in the period, following almost $4 billion of net sales in the first quarter.
3 min“A lot of things that went wrong in the ’70s were attributed to inflation, but the biggest problem was that productivity collapsed,” Yardeni says.
Long readJeff Immelt, former chairman and CEO of GE, bought $1 million of shares of Bright Health, a provider of healthcare services that he serves as a director.
2 minDisney's parks and consumer products segment returned to a profit in the quarter. The Disney+ streaming service added 12 million subscribers.
4 minCathie Wood’s ARK Invest sees tremendous opportunity in the digitization of Chinese healthcare and has invested in companies likely to benefit, such as Ping An Healthcare and Technology, Alibaba, and JD.com.
3 minThe furor over a sexual-assault incident at Alibaba represents peril for China’s tech sector because it lends an additional stick to authorities bent on beating up big online platforms.
3 minDespite a tougher regulatory climate under the Biden Administration, low interest rates and heaps of uncertainty continue to drive deal making.
1 minSwitzerland’s central bank more than quadrupled its stake in AMC Entertainment stock, bought more Uber shares, initiated a stake in Lyft, and sold McDonald’s stock in the second quarter.
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Beyond this year’s wild ride, Wall Street expects the online dealership to continue to grow revenues at rates north of 30%.
Long readGerman car-rental company Sixt is the best positioned to benefit from an upturn in demand in the U.S., where it has expanded its business.
3 minAn amendment to the $3.5 trillion spending bill would mean only people earning less than $100,000, buying vehicles for less than $40,000, would get a credit.
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