'Service' companies like Amazon will fare better than 'goods' makers like Apple during a trade war, Goldman Sachs said in a note on Tuesday.
Service-providing companies like Amazon will fare better than goods makers like Apple during a trade war, Goldman says.
Goods-producing companies like Apple, with $10.22 billion in sales in its Greater China category for the second quarter, Johnson & Johnson and Exxon Mobil are more exposed to tariff retaliation, Goldman says. During this market sell-off, Goldman says service stocks like Amazon, Google and Microsoft have less foreign input costs subject to tariffs and perform better. They may be better plays even if the trade dispute is resolved, the firm said.
Packing worker Hashmat Zubair fills a delivery box with products at the Amazon fulfillment center in Baltimore, Maryland, April 30, 2019. RAs markets tumbled under the threat of a trade war with China, Goldman Sachs told clients there would be one distinct group of winners and one group of losers in the stock market as this foreign policy drama unfolds.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How Apple, Amazon and Microsoft Hit $1 Trillion ValuationMicrosoft, Apple, and Amazon are the first three publicly traded U.S. companies to hit $1 trillion in market value. WSJ’s Dan Gallagher explains how each company reached the milestone. Photo illustration: Laura Kammermann
Weiterlesen »
Amazon warehouse employees accused of stealing more than $100,000 worth of Apple WatchesPolice did not specify the total number of Apple Watches stolen, but — based on the device's price range — this alleged theft could involve more than 550 pilfered devices.
Weiterlesen »
Berkshire buying Amazon is a wake-up call for retail investors, says this portfolio managerOur call of the day, from Byron Lotter, portfolio manager at South African-based Vestact Asset Management, says news that Berkshire is buying Amazon is a...
Weiterlesen »
Berkshire buying Amazon stock is a wake-up call for retail investors, says this portfolio managerOur call of the day, from Byron Lotter, portfolio manager at South African-based Vestact Asset Management, says news that Berkshire is buying shares of...
Weiterlesen »
Jobs, jobs, jobs | Buffett on Amazon | Musk to buy more Tesla stockU.S. stock futures were higher this morning ahead of the government's April jobs report.
Weiterlesen »
Berkshire has bought Amazon stock, but Warren Buffett says it wasn’t him“One of the fellows in the office .. bought some Amazon,' Warren Buffett says, ahead of Berkshire Hathaway's annual meeting this weekend.
Weiterlesen »
Buffett says Amazon stock purchase doesn’t deviate from value-investing principlesBillionaire investor Warren Buffett dismissed the notion that Berkshire Hathaway’s purchase of highflying shares of Amazon.com Inc. marks a departure from...
Weiterlesen »
Rolling out free one-day shipping could be easy for AmazonAmazon already offers next- and same-day delivery to 72% of the US population — so its free one-day shipping plan might not be so difficult to achieve:
Weiterlesen »
How The Biggest Tech Companies Spent Half A Billion Dollars Lobbying CongressSince 2005, Amazon, Apple, Facebook, Google and Microsoft have spent $582 million lobbying Congress. These are the issues that they care about most.
Weiterlesen »
Don't make these 5 costly mistakes when shopping on Amazon, says money expertIt's hard not to love Amazon. But with an endless amount of products and deals to sift through, it's hard to differentiate between what only appears to be a steal, and what actually is a steal.
Weiterlesen »