Alphabet Inc. Class A

The cloud boom has hit its stormiest moment yet, and it's costing investors billions

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions

The cloud boom has finally reached an altitude of rest, but Wall Street is doing anything but rest. Amazon.com Inc. AMZN, -4.06%, the original cloud computing pioneer, confirmed Thursday which rivals Microsoft Corp. MSFT, -1.98% and Alphabet Inc. GOOGL, -2.85% GOOG, -2.34% suggested with their earnings reports earlier in the week: Cloud computing growth has …

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions Read More »

These 11 stocks can lead your portfolio's rebound from the S&P 500 'earnings recession' and a market bottom next year

These 11 stocks can lead your portfolio’s rebound from the S&P 500 ‘earnings recession’ and a market bottom next year

It may surprise you: Wall Street analysts expect S&P 500 earnings increase 8% in 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary policy to stifle inflation. Ken Laudan, portfolio manager at Kornitzer Capital Management in Mission, Kansas, isn’t buying it. He expects an “earnings recession” for the S&P …

These 11 stocks can lead your portfolio’s rebound from the S&P 500 ‘earnings recession’ and a market bottom next year Read More »