Prime Numbers

Despite surprisingly strong recent earnings, stock in Amazon (AMZN) has softened over the past nine months after surging in the early months of COVID-19. The company faces tough comparisons against calendar year 2020 because many brick-and-mortar retailers closed during the pandemic and consumers switched to e-commerce amid a national lockdown. Deeper analysis of the company’s … Continued

Chinese stocks: Caveat Emptor

Alibaba illustrates a Chinese scheme that attracts foreign capital For more than a decade, the Chinese Communist Party has refused to allow America’s Public Company Accounting Oversight Board to examine audits of Chinese companies whose shares trade on the NYSE, Nasdaq and other U.S. exchanges. So Chinese companies have avoided oversight while raising billions of … Continued