What to know and why it matters

What to know and why it matters

President Donald Trump sent shockwaves through global markets Monday night by saying he would fire Federal Reserve Board Governor Lisa Cook. Trump’s decision not only put investors and economists on alert, but brought attention to the complicated innerworkings of the U.S. central bank. It also marks the latest escalation of Trump’s monthslong pressure campaign against…

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Amazon is dipping on margin and capex concerns. Wall Street analysts still see upside

Amazon is dipping on margin and capex concerns. Wall Street analysts still see upside

Wall Street analysts remained overwhelmingly bullish on Amazon , although most cut their price targets, after the technology giant’s shares fell Friday amid lower first-quarter profit guidance and higher capital expenditure plans. Amazon also missed its fourth-quarter earnings estimates. The e-commerce giant earned $1.95 per share versus the $1.97 analysts polled by LSEG had forecast….

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