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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's business model struggles in an inflationary and recessionary environment, says BNP's SlowinskiStefan Slowinski, BNP Paribas analyst, and Arun Sundaram, CFRA analyst, join 'The Exchange' to debate the bear and bull case for trading Amazon stock.
Further, in the midst of chaos, the stock market crashed, resulting in a global bear market that lasted from 1973 to 1974. In my 52 years of investing, I have never seen anyone consistently and accurately predict what the economy or the stock market was going to do. They acquired weaker competitors at bargain prices or gained market share as their rivals faltered. The stock market crash of 1987, the dot-com bubble burst of 2000-2001, the 2007-2008 financial crisis, and now. We seek to accomplish that by investing for the long term in companies we believe are competitively advantaged and managed by exceptional people.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's operating margins could nearly double in 2023, says CFRA's Arun SundaramArun Sundaram of CFRA joins 'Closing Bell' to discuss slows in top-line growth, Amazons capital investment in to its fulfillment services and supply chain network, and Amazon Web Services customers cutting costs.
That means Amazon Web Services, Microsoft Azure, and Google Cloud could be poised for a merger-and-acquisition spree. As for cloud acquisitions, analysts said Amazon's cloud unit didn't often buy companies. Cybersecurity has been a greater focus for Microsoft, AWS, and Google Cloud after the hack of the IT-software company SolarWinds in 2020. In 2019, Google purchased the data-analytics company Looker for $2.6 billion in cash under Google Cloud CEO Thomas Kurian. With Kurian at the helm, bringing with him the Oracle acquisition playbook, Google Cloud may now have a bigger M&A appetite.
David Solomon has been Goldman Sachs' CEO for more than four years after succeeding Lloyd Blankfein. There's been a lot of talk about morale at Goldman Sachs. In reality, Solomon said, there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." "At the moment, year-to-date, our turnover is at a 5-year low, not just for partners, in the whole firm," Solomon added. Here is a running list of Goldman's partners that have retired from the firm — or moved on to roles at other companies — since Solomon became CEO.
Total: 5