The Most Valuable Business on Earth Could Be Hiding Inside Amazon

Text size Amazon has created what is arguably one of the world’s best growth businesses. Thomas Samson / AFP via Getty Images Amazon Web Services just might be the most valuable business on Earth. And the most undervalued. Clearly, the optimistic view of the long-term potential of AWS is not reflected in the current valuation … Read more

Stock Market Today: The Dow Steadies, NIO Drops, Bed Bath & Beyond Slumps

Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery / AFP via Getty Images Stocks were trying to find their footing Wednesday amid renewed concerns about economic growth and whether central banks are raising interest rates too quickly. In midday trading, the Dow Jones Industrial Average has risen … Read more

What’s next for the stock market after the worst 1st half since 1970? Here’s the history.

A bear market that began shortly after the calendar flipped over to 2022 has the S&P 500 on track for its worst first half in 52 years. Investors looking ahead to the end of the year might have some reason for hope, although history is only a rough guide. The S&P 500 SPX, -2.01% was … Read more

Boston Beer stock gets downgrade from Goldman Sachs as hard-seltzer business fizzles

Boston Beer Co. Soon may have lower its expectations for the year as its hard-seltzer business “deteriorates further,” analysts at Goldman Sachs said Tuesday. The analysts downgraded their rating on Boston Beer SAM, -4.86% shares to sell, from the equivalent of hold, saying they see “an even greater negative risk / reward” balance for the … Read more

Stock Market Today: Dow Rises, Snowflake Gains, eBay Drops

Text size Wall Street continues to center on how aggressive the Federal Reserve will be in boosting interest rates. Angela Weiss / AFP via Getty Images US stock indexes opened in the green on Tuesday, extending a string of gains that began last week. Optimists believe that a bottom had been found after a brutal … Read more

‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market and more than half of Americans are living paycheck to paycheck, making them more vulnerable to recession

Hi, MarketWatchers. Don’t miss these top stories. ‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession People living paycheck to paycheck were more likely to have experienced financially distressing events at some point over the last three years. Read More … Read more

Chewy’s ‘defensive’ business could shine as pets need food in any economic climate, says analyst

In good and bad economic times, people need to buy pet food, and that’s one reason Chewy Inc.’s stock may be worth a new look. Needham analyst Anna Andreeva upgraded Chewy shares CHWY to buy from hold Monday, writing that the stock looks like a way to play defense in the current market. “The pet … Read more

Etsy Stock Slides as Analyst Sees Threat From Softer Economy

Text size The discretionary nature of many Etsy purchases is a risk for the company, according to Needham analyst Anna Andreeva. Dreamstime Etsy shares are trading lower Monday after Needham analyst Anna Andreeva reduced her rating on the handicrafts marketplace to Hold from Buy, mentioning risks posed by a potential recession. If consumers retrench on … Read more

Out of 50 major housing markets in America, just 6 now have more new real estate listings now than before the pandemic. Here’s what that might mean

San Francisco is one of the areas with more new listings now than pre-pandemic. Getty Images Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that America is currently facing a … Read more

The Stock Market Rally Is Real. It’s Still a Bear Market.

Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch / Getty Images) Even bear markets get bounces. The stock market had a terrific week, and for the first time in a long time, the rally feels like it can last. The Dow Jones Industrial Average rose 5.4%, the S&P 500 gained 6.4%, and the Nasdaq … Read more