“Goldman Sachs downgraded U.S. equities to ‘underweight’ this morning, as they see risk of a 10% drawdown, and this may have pressured stocks lower,” said Schaeffer’s Senior Options Strategist Tony Venosa, CMT. “However, the S&P 500 Index (SPX) is
Amazon.com Inc. ( AMZN ) has announced a content licensing agreement with CBS Corporation to extend the archive of television shows and films currently available on its streaming video site, Amazon Prime Instant Video. The new
GameStop’s ( GME ) stock plunged by 8% on January 7, as Sony announced a cloud based gaming service, Playstation Now. The project will leverage Gaikai’s streaming technology to allow gamers to play popular Playstation 3 games on PS3