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Sarhan Capital CEO: The Noose Is Tightening Around Amazon's Neck
Benzinga News Desk , Benzinga Staff Writer January 29, 2015 12:29pm When asked for expectations ahead of the Amazon.com, Inc. AMZN 0.52% earnings report, Sarhan Capital CEO Adam Sarhan told Benzinga that while the company’s P/E ratio is off the charts, it also has a history of selling investors the future. Selling The Future He…
Sarhan in Reuters: #WallStreet set to open higher as focus shifts to Fed
Wednesday 6.15.16 8:55am EST Wall Street was set to snap a four-day losing streak on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain’s possible exit from the European Union. The Federal Open Market Committee (FOMC) will release its policy statement at 2:00 p.m. ET after a…
Friday Recap- Sarhan In CNBC: Stocks extend gains, Dow up triple digits as Deutsche surges
Friday, September 30, 2016 U.S. equities rose sharply on Friday as investors kept a close eye on Deutsche Bank shares following a fall that triggered a broad-based sell-off. The Dow Jones industrial average jumped more than 200 points in late-morning trade before holding about 185 points higher, with Goldman Sachs contributing the most gains. The…
Adam Sarhan Reuters Quote: Copper falls after 3-day rally, hurt by dollar, growth
3:28pm EDT By Chris Kelly and Maytaal Angel NEW YORK/LONDON (Reuters) – Copper fell for the first time in four days on Monday, pressured by an early rally in the dollar versus the euro and by worries global growth may be slowing, which could hurt demand for industrial metals. China, which accounts for 40 percent of the…
Adam Sarhan WSJ Quote: Stock Futures Down, But on Pace for Monthly Gains
– – – Bevy of Economic Data to Greet Investors This Week By TOMI KILGORE June 30, 2014 8:15 a.m. ET U.S. stock futures slipped early Monday, although blue chips remained on track for a fifth-straight monthly gain.About 90 minutes ahead of the open, Dow Jones Industrial Average futures eased 21 points, or 0.1%,…
Int'l Business Times: The Dow Plunges Again Amid Global Market Sell-Off, Oil Price Slide
ON 01/15/16 AT 9:42 AM BY ANGELO YOUNG This story was updated at 11:00 a.m. EST. U.S. stocks opened sharply lower Friday in a rocky final trading session of the week as both Chinese stocks and oil prices plunged, heightening concerns that a global recession is underway that could spill into the U.S. economy. U.S….
