Author Archives: Scalper1

Which "MAGS" Cloud Computing Stock Will Lead 2016?

Move over “FANG,” there’s a new acronym in town. The latest buzz on Wall Street surrounds the four best performing enterprise tech stocks “MAGS,” or Microsoft MSFT , Amazon AMZN , Google GOOGL , and Salesforce CRM . The

Closing Update: Stocks Finish Week with Steep Losses As Declines Accelerate Near Close in Quadruple Witching Friday

A late selloff dragged stocks to their lowest prices of Friday’s session, erasing all of the gains from a mid week rally that followed an optimistic assessment of the U.S. economy by Federal Reserve Chair Janet Yellen as investors

Amazon May Lease 20 Boeing 767 Planes For Delivery

Amazon.com (AMZN) is likely heading closer to developing its own shipping and delivery service — a new arm of its operation that has the potential to go the same direction its cloud computing division has. The company is currently in talks with Boeing to lease 20 767 jets, the Seattle Times reported, which would add to its rumored fleet of at least four jets that are flying several daily flights from an old DHL facility in Wilmington, Ohio.