BLOOMBERG Bloomberg Markets Americas October 10, 2017
Largecap tech is lagging the overall market gains. We see the dow perform the best. One of the reasons the dow is performing so well today is indeed walmart. Seeing a gain of 5 on that forecast for ecommerce sales to rise 40 in the next fiscal year in the united states. Walmart has been making investments in ecommerce for years and it looks like now they are finally starting to pay off. At the expense of amazon. Amazon seen as a big competitor walmart and analysts im putting alibaba up here as well. Those shares also rising today. Amazon the market cap of versus alibaba. We last saw alibaba as...
Source: archive.org