Bill Gates

Visualizing The Jeff Bezos Empire In One Giant Chart

Following the surge in the stock price after the acquisition of Whole Foods, Jeff Bezos just $4 billion away from displacing Bill Gates as the world’s number one billionaire. The following infographic shows the extent and reach of Jeff Bezos and his Amazon Empire...

Amazon Tops $1000 For First Time Ever, Bezos Up Over $19 Billion Year-To-Date

With a trailing P/E of 186x, why shouldn't Amazon trade at $1000... as it opens its first brick-and-mortar bookstore in NYC. The surge above the historical price level means Bezos has gained over $19 billion year-to-date, but due to Microsoft's gains, he remains the world's second richest man behind Bill Gates.

Weekend Reading: Sentient Illumination

With a continuing resolution for $1 Trillion passed this week, which will fund the government for 5-whole months, there seems to be little consideration given to the disconnect between increase debt levels and slower economic growth.

Just These Five Companies Account For 28% Of The S&P's 2017 Returns

Year to date the top 10 contributors have combined to account for 37% of the S&P 500 index return (more than double their market cap representation of 17%). The concentration among the top five is even greater, with those firms – AAPL, FB, AMZN, GOOGL, and MSFT – accounting for 28% of the return and 12% of market cap.

Global Stocks Pause Ahead Of GDP Report; Nasdaq Hits Fresh Record High

Despite yesterday's whopping beats by Amazon and Google which sent the Nasdaq to new record highs after hours, this morning futures S&P futures are little changed ahead of the closely watched Q1 GDP report, European stocks and Asian equities are slightly lower, oil is higher after Russia said it had reached the 300kbpd oil cut per the OPEC pact, and the dollar was modestly in the red.

Meet The Robots That Will Build Your Next House

The U.S. residential construction industry employs 100's of thousands of people each year in various skilled trades that earn hourly pay rates ranging from minimum wage to $100 per hour, or more.  Of course, just like the auto industry, many of those jobs can be done at a fraction of the cost and with much greater precision by industrial robots.

Stockman: The Trump Reflation Fantasy Ends On Day 100

"In honor of the Donald’s “Mother of All Bomb” (MOAB) attack on the Hindu Kush mountains Thursday, let me introduce MOAD. I’m referring to the “Mother of All Debt” crises, of course... The opening round is coming when Washington goes into shutdown mode on April 28, which happens to be Day 100 of the Donald’s reign."