A Sovereign-Wealth Lesson
Ari Weitzner
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
17 minutes ago
- Bloomberg
Record Rally Splutters, High Cost Of Firing CEOs, European Overtourism
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Global stocks paused after a record-breaking run, with a sharp selloff in heavyweight technology shares dragging markets lower and futures indicating further declines. (2) President Donald Trump has bought hundreds of bonds since he returned to office, including those sold by US companies affected by the sweeping changes to federal policies he's championed. (3) A package of security guarantees for Ukraine will take shape as soon as this week as leaders seize on President Donald Trump's backing for a plan that involves sending European troops as part of a potential peace deal. (4) Thousands of firefighters worked overnight to contain dozens of deadly wildfires burning across Spain and Portugal as heat and gusty winds spread blazes through dry brush, forests and crops. (5) When a company abruptly ditches its CEO, the costs of the shakeup can quickly add up. Bloomberg News consulted with compensation consultants, academics, corporate lawyers, executive-search advisors and public-relations experts on the true cost of firing your CEO. (6) Overtourism and climate change have created a dangerous feedback loop that endangers Southern Europe's tourism industry.
Bloomberg
17 minutes ago
- Bloomberg
Powell's Last Stand at Jackson Hole
To get John Authers' newsletter delivered directly to your inbox, sign up here. As the world's central bankers gather in Jackson Hole, Wyoming, for their annual dose of fresh air in the shadow of the Tetons, they cansense the plates beneath them are beginning to shift. This will definitely be Jerome Powell's last symposium as chairman of the Federal Reserve, his Last Stand in the Wild West. The drama surrounding his replacement threatens to become all-consuming. Profound changes for the Fed, to be imposed by others, are on the agenda.
Yahoo
an hour ago
- Yahoo
Evercore Highlights Amazon (AMZN) Grocery Strategy and Prime Stickiness
Inc. (NASDAQ:AMZN) ranks among the . Evercore ISI highlighted Inc. (NASDAQ:AMZN)'s strategic actions in the grocery industry on August 13, reaffirming its Outperform rating and $280 price target on the company. The firm noted that by strengthening customer engagement through a high-frequency purchase category, Amazon's tighter integration of groceries into the Prime ecosystem raises customer lifetime value and stickiness. Amazon's $25 free delivery threshold, according to Evercore ISI, puts pressure on rivals like Walmart and Instacart to lower their prices. The approach is in line with Amazon's previously declared $4 billion commitment to use the country's current logistics infrastructure to extend its same-day and next-day delivery network to over 4,000 smaller and rural U.S. communities by 2026. According to Evercore's 13th Annual Amazon Survey, Prime Same-Day delivery multiplies the frequency of purchases, the expansion of categories, and the total amount spent by customers on Inc. (NASDAQ:AMZN). The firm refers to this as 'Shipping Elasticity', which suggests that faster shipping results in more frequent and larger purchases. Inc. (NASDAQ:AMZN), is an American multinational technology company that offers a wide range of commercial interests that include digital streaming, online advertising, e-commerce, cloud computing through Amazon Web Services (AWS), and artificial intelligence. While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
