amazon

Investment Lessons from Jeff Bezos
  • Investment Lessons from Jeff Bezos

Investment Lessons from Jeff Bezos

By |May 22nd, 2018|

Here are some lessons about building wealth I’ve learned from Jeff Bezos, the CEO of Amazon.com, during my short time working with his company.

Drive down costs. For companies this means don’t overpay for input costs. If there are capable workers who are happy to do the job for $15/hr, don’t offer anything higher […]

What It's like Working for the Richest Man in the World
  • What It's like Working for the Richest Man in the World

What It’s like Working for the Richest Man in the World

By |April 9th, 2018|

Jeff Bezos started his company by shipping old books out of his garage. But today the founder, chairman, and CEO of Amazon.com is the wealthiest person in the world, with a net worth of approximately $118 billion. Over the course of last year he managed to leapfrog over Bill Gates with his $90 billion. […]

Why Amazon Stock (AMZN) Could Be Worth $2000 Soon
  • Why Amazon Stock (AMZN) Could Be Worth $2000 Soon

Why Amazon Stock (AMZN) Could Be Worth $2000 Soon

By |December 1st, 2017|

In the world of online retailing, having volume is key. Amazon.com has been growing its online sales faster than any other online retailer in the United States. Since the beginning of the year Amazon shares (AMZN) have increased by 56%, compared to a 19% gain for the S&P 500. This helped bring up the […]

CME Group to Launch Bitcoin Futures
  • CME Group to Launch Bitcoin Futures

CME Group to Launch Bitcoin Futures

By |November 2nd, 2017|

In a news release from the CME Group, the financial market company plans to bring Bitcoin futures to its platform later this year. This assumes all regulatory reviews go through as planned. The Chicago Mercantile Exchange & Chicago Board of Trade or CME Group operates the world’s largest options and futures exchange. It owns […]

Amazon Stock (AMZN) Falls After Disappointing Quarterly Results
  • Amazon Stock (AMZN) Falls After Disappointing Quarterly Results

Amazon Stock (AMZN) Falls After Disappointing Quarterly Results

By |July 28th, 2017|

Move over, Bill Gates. Someone else has taken your crown as the richest person in the world, if only for a short while. Yesterday morning Amazon founder and CEO, Jeff Bezos, briefly became the richest man on the planet. Bill Gates is worth an estimated $90 billion by Forbes. Amazon.com’s stock started the session […]

Why Is Amazon Buying Whole Foods (WFM)?
  • Why Is Amazon Buying Whole Foods (WFM)?

Why Is Amazon Buying Whole Foods (WFM)?

By |June 29th, 2017|

When Amazon.com announced that it will purchase Whole Foods Market Inc (WFM) for $13.7 billion (or $42 per share) earlier this month, WFM stock price jumped from $33 to $42. Not surprisingly this was great news for existing Whole Foods shareholders. But how does this merger help Amazon?

Whole Foods sells healthy, organic products. Most […]

Costco Took a Beating. Is This a Time to Buy?
  • Costco Took a Beating. Is This a Time to Buy?

Costco Took a Beating. Is This a Time to Buy?

By |June 22nd, 2017|

Last week, the investing world was rocked when it was announced that Amazon was buying Whole Foods. While the market in general wasn’t fazed by this news, many grocers and other retailers were. One of the companies that took a beating was Costco (NASDAQ: COST).

The question is, should Costco be worried about this merger […]

Amazon Shares Top $1000
  • Amazon Shares Top $1000

Amazon Shares Top $1000

By |June 8th, 2017|

Amazon.com is now a larger company than ever. Its stock climbed above $1,000 per share for the first time last week. Surprisingly AMZN is already up 34% so far this year. Although $1,000 is merely a number, it does represent a major psychological barrier for investors and traders. “The world is becoming more and […]

5 Hot Retail Stocks To Buy Now
  • 5 Hot Retail Stocks To Buy Now

5 Hot Retail Stocks To Buy Now

By |February 10th, 2017|

After a disappointing holiday season for retailers, many have started 2017 under pressure. Almost no one was spared as reports surfaced talking about how retail sales were down for the season. While it was bad, this drop is a buying opportunity if you can spot the strong players in this industry. The problem is […]

Getting Ready for Amazon Go
  • Getting Ready for Amazon Go

Getting Ready for Amazon Go

By |January 5th, 2017|

Starting later this year Amazon.com (NASDAQ:AMZN) plans to offer grocery stores that will have no lineups or checkouts. So far the company has already set up its first brick and mortar store that sells food near its headquarters in Seattle, Washington. At the moment only Amazon employees can shop at the new grocery store, […]