Amazon/Shopify Partnership in the Works?

In a recent discussion as part of the Amazon Advisor Call Series, Scott Devitt, an analyst at Wedbush, and eCommerce veteran Rick Watson, founder of RMW Commerce Consulting, speculated about a potential collaboration between Amazon.Com, Inc (NASDAQ:AMZN) and Shopify...
Hedge funds rush to unwind bearish stock positions

Hedge funds rush to unwind bearish stock positions

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JPMorgan Chase and Goldman Sachs told clients in reports. “For...