Why Amazon won't be worth $1.5 trillion in about 800 days like this analyst predicts

Why Amazon won't be worth $  1.5 trillion in about 800 days like this analyst predictsOne analyst may be too optimistic on the prospects for Amazon's stock. Here's why.

Yahoo Tech


Best Buy Co, Inc.

Italian Textile and Fashion Industry Expects Only 1.5% Growth in First Half

MILAN — The Italian textile and fashion industry is expected to grow, but at a moderate pace.
According to projections released by industry association Sistema Moda Italia’s president Marino Vago on Wednesday, revenues for the sector are expected to gain only 1.5 percent in the first six months of the year compared to the same period in 2018. In particular, the textile area is forecast to grow 1.1 percent and the fashion division 1.9 percent.
In the January-June 2019 period, export will still be the industry’s driving force but will grow at a slower pace, gaining 1.8 percent compared to the 2.6 percent increase registered in the same period in 2018. Overall, the trade balance is expected to be up 2.5 percent.
Among the elements influencing the figures, Vago mentioned the European elections and a potential recession of the area’s economy, Brexit and the commercial situation between the U.S. and China.
The executive urged to keep a cautious approach given these challenges, which might interrupt the positive momentum the industry experienced in 2018.
Preliminary 2018 data released by the association showed that last year, sales were up 2.1 percent to 55.2 billion euros, with textile and fashion companies increasing at a different pace and reporting

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Milanoo.com Ltd

Did We Say $1.5 Million? We Meant $10.9 Million. Firms Fix CEO Pay Flubs

At least 16 companies in the S&P 500 have changed 2016 pay figures by more than 10% for one or more executives.
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Tesla to Sell $1.5 Billion in Debt Amid Launch of Model 3

Tesla will sell $ 1.5 billion in senior notes amid the launch of its Model 3 sedan, a week after the Silicon Valley auto maker’s chief executive said it faces ‘manufacturing hell.’
WSJ.com: US Business


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China Video Streaming Firm iQIYI Raises $1.5 Billion

Chinese online video firm iQIYI has raised $ 1.53 billion through the sale of convertible debt. The new finance will allow it to keep investing in content and services as the streaming sector develops. The company is a majority owned subsidiary of Baidu, the group that dominates online search in China. Baidu revealed that it had put… Read more »