Now this is just breathtaking – I have no skin in the game on this one but cannot stop watching it. I think what’s happened with Tesla recently represents the greatest short squeeze of all time. A rally since around October when they surprised to the upside in an earnings report has just culminated in […]
Archives for February 2020
How an Accounting Tweak Will Make Amazon’s Most Profitable Business Even More Profitable – The Motley Fool
Amazon (NASDAQ:AMZN) reported blockbuster fourth-quarter results last week, sending the e-commerce giant’s market cap back above $1 trillion. The move higher was fueled by heavy investments in one-day delivery that are already starting to pay off. As usual, the Amazon Web Services (AWS) cloud infrastructure business carried overall profitability, representing two-thirds of the company’s total operating […]
A Seller’s Guide to Economic Nexus Laws by State
Economic nexus has taken the nation by storm. With the majority of states establishing economic nexus laws (43 states to be exact), it can be hard to keep up with all of the rules and changes. Regardless of if you have in-person or online sales, you need to know whether the state you’re selling in […]
Stocks making the biggest moves premarket: Clorox, McKesson, Sirius XM, Alphabet & more
Check out the companies making headlines before the bell: Clorox (CLX) – The household products maker beat estimates by 15 cents a share, with quarterly earnings of $1.46 per share. Revenue also topped estimates and Clorox raised its full-year outlook as cost savings and price increases made up for increased costs. McKesson (MCK) – The […]
$1billion investment is not to provide deep discounting or cover losses: Amazon India
Ecommerce giant, Amazon India, is categorical that the $1 billion investment announced by Jeff Bezos during his recent trip to India would be used for long-term development of its operations and not for deep discounting or cover losses. “A lot of our investment is focused on the long-term and if we only look at the […]
#FASuccess Ep 162: Efficiently Expanding In-Depth Financial Planning Services To Move Beyond The AUM-Only Model, With Tim Bickmore
Executive Summary Welcome back to the 162nd episode of Financial Advisor Success Podcast! My guest on today’s podcast is Tim Bickmore. Tim is the co-founder and the director of financial planning for LBW Wealth Management, an independent RIA based in Madison, Wisconsin, that oversees more than $50 million of assets under management for 230 client households. […]
Apple to close all China mainland stores due to virus outbreak
(Reuters) – Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9. as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago. “Out of an abundance of caution and based on the […]
84% of IFAs fear contingent charge ban will hit DB advice
More than eight out of 10 financial advisers say that a ban on contingent charging will hit access to DB pensions advice, according to a survey. The numbers of advisers opposing a ban on contingent charging is also growing. Contingent charging occurs when a fee for advice is only charged if a transaction takes place, […]
Paytm eyes onboarding 10M merchants with addition of PoS machine, new solutions
Paytm on Tuesday said it aims to add close to 10 million merchants to its platform over the next 12-18 months as it brings new features to its payments platform. The company, which has introduced a new all-in-one payment gateway and business solutions as well as an Android-based point of sale (POS) machine, currently has […]
Mileage in Xero Expenses is now in open beta
Mileage in Xero Expenses is now in open beta and available to all partners and their clients using Xero Expenses. By allowing you to easily capture and record mileage claims, this new feature in Xero Expenses means you can be reimbursed faster. The open beta allows us to work collaboratively with you to continue building […]