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A 36-year-old who manages $4 billion breaks down why Amazon is his most bullish bet

2 monthes ago   |   By

Noah Berger/Reuters
It's been smooth sailing this year for anyone in the stock market who bet on big tech companies.
The so-called FAANGs, including Facebook , Alphabet , and Netflix , have earned their stripes in 2017 by outperforming the broader stock market and being responsible for much of its gains.
That's partly why stock pickers are having a strong year - they held a record overweight position in tech .
And so, for fund managers heavily weighted in the so-called growth sectors, 2017 has been a good year. They include Justin White, 36, who manages the T.Rowe Price New America Growth...
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Facebook and Amazon are so big they're creating their own company towns - here's the 200-year history

Facebook and Amazon are so big they're creating their own company towns - here's the 200-year history

2 monthes ago   |   By

Getty Images Mega-corporations - from Facebook to Amazon - are creating modern-day company towns.
In Menlo Park, California, Facebook plans to build a new campus with 1,500 residences, a walkable retail district, a grocery store, and a hotel for its employees. Meanwhile, Amazon recently announced that it will build a second headquarters that could effectively turn the chosen city into a company town - much like what happened to Seattle when the online retail giant came to Seattle in the late 1990s. Dubbed HQ2, approximately 50,000 employees will work there.
Since the 19th century...
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Où dans le monde se trouve Signal the Frog® - Signal la Grenouille ? En...

Où dans le monde se trouve Signal the Frog® - Signal la Grenouille ? En Australie !

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All eyes on Alabama: What to watch for tonight in Alabama's Senate special...

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Amazon's New Board Game Sale Has Deals For the Whole Family

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Amazon's running another board game Gold Box today , and while this one focuses more heavily on kid's games, there's a good chance anyone can find something they'll enjoy in here. Read more ...

Roy Moore's controversial legal history could prevent him from becoming an...

Roy Moore's controversial legal history could prevent him from becoming an influential member of the Senate

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Former NFL players among current and former employees of NFL Network accused...

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Trump wants to send astronauts back to the moon, but his proposed budget...

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The Last Jedi Takes Star Wars to a Fantastic New Level

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Days removed from seeing Star Wars: The Last Jedi , I still can't believe it's a real movie. I can't believe what writer-director Rian Johnson did: He took all of our... Read more ...

Carnival Cruise Line Earns “Best Value for the Money,” “Best Service” Honors...

Carnival Cruise Line Earns “Best Value for the Money,” “Best Service” Honors in Cruise Critic Editors' Picks Awards

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