BARCLAYS: Amazon is probably going to be one of the first ‘trillion-dollar’ companies (AMZN)

Amazon’s stock price has been on a tear over the last year, gaining 46%.

A Barclays equity research team led by Ross Sandler thinks that the party may just be getting started, initiating coverage of the stock with $1120 price target, or 29% upside.

In a flurry of notes released from their Internet & Media desk on March 29, Barclays picked Amazon as one of their favorites in the sector and made the case for the stock’s market cap to reach one trillion dollars.

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The big 5 internet companies doubling in three years on a trillion dollar base

big 5

By John Batelle: From time to time I have tracked what I call the “Internet Big Five” – the key platform technology companies that are driving the Internet economy. Nearly three years ago I wrote the first of this series – The Internet Big Five. I identified Apple, Google, Microsoft, Amazon, and Facebook as the “big five,” and compared their relative strengths in financials, consumer reach, and technology strengths. Some of the metrics were admittedly subjective – ranking relative offerings in “engagement” and “data,” for example.

 

 

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The dangers of stock trading with highly automated systems

High-frequency trading.

Futurist Brian David Johnson describes his job as a “futurehunter” and his fascination with both algorithmic trading and high-frequency trading (HFT) in this excerpt from Humanity in the Machine: What Comes after Greed?. Both methods use computer programs to automate and accelerate the execution of certain financial transactions. Yet heavy reliance on such technology in the finance world can be dangerous—the Flash Crash of 2010 cited by Johnson stands out as a prominent example.

 

 

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Americans Pessimistic About Income Growth

tighten belts

Americans tighten belts as they are squeezed by rising prices and stagnant wages.

Consumers are being squeezed on both sides by wages that aren’t increasing and rising prices.  According to survey data by Goldman Sachs, the number of people who believe they will bring home more money one year from now is at its lowest in 25 years.

 

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Man Eating Giant Squid Devouring Fish Stocks

killer squid 432

Killer giant squid are devouring vast amounts of
and have even started attacking humans

Millions of killer giant squid are not only devouring vast amounts of fish they have even started attacking humans.
Two Mexican fishermen were recently dragged from their boats and chewed so badly that their bodies could not be identified even by their own families.
No wonder the giant squid are called “diablos rojos” – red devils.
Monster squid are the stuff of legend. But for fishermen and marine biologists along 10,000 miles of coast from Chile to Alaska, the myth has become reality…
And their story is told this week in a Channel Five documentary.
Since 2002, Humboldt giant squid, named after the 18th century German explorer, have been spreading their tentacles to deplete fishing stocks by moving from their traditional tropical hunting grounds off Mexico and laying claim to a vast sweep of the Pacific.
Hunting in 1,000-strong packs the giant squid can out-swim and out-think fish. Scientists believe they coordinate attacks by using pigment cells to communicate.
A single female is believed to be able to lay 30 million eggs, each one capable of becoming a giant killing machine.
Marine biologists wear chain-mail to protect themselves from creatures that can measure 8ft, weigh 100lb and carry an armoury of more than 40,000 fearsome teeth along two “attack” tentacles.
The creatures have another eight “legs” for grasping and swimming and can reach speeds of more than 15mph.
Former US special forces diver Scott Cassell has put his life on the line to study the squid. He too has been attacked.

Millions of killer giant squid are not only devouring vast amounts of fish they have even started attacking humans.

Two Mexican fishermen were recently dragged from their boats and chewed so badly that their bodies could not be identified even by their own families.

No wonder the giant squid are called “diablos rojos” – red devils.

Monster squid are the stuff of legend. But for fishermen and marine biologists along 10,000 miles of coast from Chile to Alaska, the myth has become reality…

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Big Companies Amassing Record Cash Reserves as the Economy Picks Up

fedex

Fed-Ex reported higher profits in its most recent quarter.

Some experts say the strength of the largest firms will be key as the recovery strengthens. Others worry that the giants’ clout has grown at workers’ expense.  The brutal recession has left many American families, small businesses and state and local governments in financial ruin or teetering on the brink.

But it’s a much different story for the nation’s biggest companies. Many have emerged from the economy’s harrowing downturn loaded with cash, thanks to deep cost-cutting that helped drive unemployment into double digits.

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