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Amazon Go bets against retail apocalypse

The Amazon Go store in Seattle.Matt Weinberger/Business Insider Amazon opened its futuristic Amazon Go store to the public on Monday. It’s just one of several physical retail initiatives the primarily online retailer has undertaken recently. Amazon has become synonymous with online shopping. The e-commerce giant is now estimated to take about half of …

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Bitcoin is slumping back down toward $10,000

Markets Insider After paring much of last week’s heavy losses on Friday, the world’s largest cryptocurrency lost another 8% on Monday, bottoming out at $10,479 per token. Bitcoin has lost 17.52% of its value — or roughly $59.27 billion in market cap — since January 15.  Last week, all cryptocurrencies were …

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Morgan Stanley picks 7 stocks to bet on during earnings season

Reuters Morgan Stanley says that corporate earnings growth, which has been a crucial driver of the stock market’s record-breaking run, will start slowing around mid-year. The firm has identified seven stocks around which they have high positive conviction this earnings season. Earnings season has been a bright spot for the …

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