June 29, 2022

Siemens to buy U.S. software company Brightly in $1.58 billion deal

Siemens is buying U.S. tech company Brightly Software from private equity owner Clearlake Capital for $1.58 billion, the German engineering group said on Monday, its latest move to broaden its software credentials and grow faster than rivals. Siemens Smart Infrastructure, which offers digital systems to […]
June 29, 2022

‘Buy now, pay later’ is controversial — here are some alternatives

Apple’s (AAPL) entrance into the “buy now, pay later” (BNPL) space earlier this month shook up a burgeoning industry — one that’s encountering massive criticism as the specter of regulation persists. BNPL, which allows consumers to pay for products in installments, is a “rapid-growth payment […]
June 28, 2022

Adobe: The Dip Has Presented an Opportunity

Shares of Adobe Inc. (ABE) have fallen nearly 32% year to date, outpacing the decline in the S&P 500 Index. The company recently reported earnings results that topped market expectations, but guidance for the current quarter and full year came in lower than Wall Street […]
June 28, 2022

Amazon Stock Remains a ‘Top Pick’ Despite Near-Term Headwinds

Consumers are tightening their wallets and are concerned about the prospect of a recession; that was evident in a recent proprietary survey regarding the U.S. Online Shopper, undertaken by investment bank Evercore. Firm analyst Mark Mahaney notes that 58% of consumers said they believe their […]