BMO Capital Markets sees an ‘open road’ ahead for Camping World Holdings after the outdoors equipment provider increased guidance and reported 20 percent sales growth in its second-quarter earnings report. “As the nation’s largest retailer of recreational vehicles (RV) and related products and services, Camping World Holdings benefits from robust growth in the RV industry,” […]
Read more
Home Depot shares are up around 15 percent this year, but one top technician warns that the big-box retailer could be in trouble as it gears up to report earnings Tuesday before the bell. Fellow big retailers Target and Wal-Mart are also scheduled to report earnings this week, and the options market is implying about […]
Read moreA top Wall Street auto analyst is raising his price forecasts for Tesla. Morgan Stanley’s Adam Jonas told the firm’s clients the Model 3 production ramp is doing better than he expected. “We update our model with increased Model 3 unit forecasts, improved revenue and gross margin in energy, storage, and other, and (much) higher […]
Read moreAt OpenAI, the artificial intelligence lab founded by Tesla‘s chief executive, Elon Musk, machines are teaching themselves to behave like humans. But sometimes, this goes wrong. Sitting inside OpenAI’s San Francisco offices on a recent afternoon, the researcher Dario Amodei showed off an autonomous system that taught itself to play Coast Runners, an old boat-racing […]
Read moreTarget has for the past few months been reinvesting in itself, rolling out its own private-label brands and keeping especially quiet on the acquisition front, with rival Wal-Mart on a buying spree. Until now. Target announced plans on Monday to acquire Grand Junction, a San-Francisco based transportation technology company whose software manages retailers’ local deliveries. […]
Read moreLast week’s market drop on increasing tensions between the U.S. and North Korea, the second-worst weekly performance of the year by the S&P 500, was a great buying opportunity based on a history of past geopolitical events, even ones more serious than this one, says Credit Suisse. “Geopolitical shocks tend to provide a buying opportunity, […]
Read more
As we close in on the end of the summer, one of Wall Street’s longest-running and widely followed prognosticators says the U.S. market is “overdue” for a 5 or more percent drop. But CFRA’s chief investment strategist, Sam Stovall, does not believe stocks are about to enter any sort of bear market. Stovall blames “geopolitical […]
Read moreDavid Sacks is one of the best known entrepreneurs and investors in Silicon Valley. He was the COO of PayPal more than 15 years ago, which made him a charter member of the so-called PayPal Mafia, a group of influential Silicon Valley investors and execs that also includes LinkedIn founder Reid Hoffman and early Facebook […]
Read more
A GOOD business name can be pricey. An entrepreneur looking for the perfect one can hire a naming agency to offer ideas, but that can cost tens of thousands of dollars. That may explain why many founders follow the example set by the American President and name their businesses after themselves. A recent article* by […]
Read moreOn the page of any Sarahah user, you’ll find a simple prompt: “Leave a constructive message :)”. The flashing cursor, trapped in a text box, invites you to pour whatever thoughts you have about that person, good or bad, into an anonymous feed. Your deepest, realest thoughts, ready to be delivered, guilt free. Sarahah, created […]
Read more