services

The U.S. services sector grew at its slowest pace in over 17 months in April, while inflationary pressures surged to an over two-year high, highlighting a troubling combination of weakening demand and rising costs fueled by trade tariff disruptions that could complicate the Federal Reserve's path...

U.S. private sector activity closed out 2024 on a strong note, driven by robust growth in the services sector. The Services PMI surged to 58.5 in December, beating expectations of 55.8 and up from November’s 56.1 reading, according to data from S&P Global. This marks the sector’s...

Amazon.com Inc. (NASDAQ:AMZN) may be regarded by consumers primarily as an e-commerce company, given its blue delivery trucks are constantly dropping off packages at people’s doorsteps, but an analyst begs to differ. “Our view is that eCommerce does NOT drive AMZN’s share price,...

Apple Inc. (NASDAQ:AAPL) has reportedly laid off about 100 employees from its services division. What Happened: On Tuesday, Cupertino informed the affected employees who were part of various services under senior vice president Eddy Cue, reported Bloomberg, citing people with knowledge of the...

Today, we got the July Consumer Price Index (CPI) report which showed an overall increase of 2.9% for the last year and 0.2% for the month. That’s below last month’s 3.0% and expectations of 3.0%. The 0.2% monthly increase was in line with the 0.2% expected, and a bigger increase vs...

Overview Today, we got the February Consumer Price Index (CPI) report which showed an overall increase  of 3.2% unadjusted in the last year and 0.4% vs last month. Both of those are .1% above last  month, and above expectations of 3.1% for the year. The Core CPI which excludes food and...

Overview: Today, we got the December Consumer Price Index (CPI) report which showed an overall increase of 3.4% unadjusted in the last year and 0.3% vs last month. This was above expectations of 3.2% for the year and above expectations of 0.2% for the month. The Core CPI which excludes food and...

The United States economy is displaying slightly stronger performance as 2023 came to a close, with business activities accelerating to its fastest pace since July. This uptick was primarily driven by the service sector, despite ongoing challenges in manufacturing. According to the S&P Global...

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.2% in the last year and 0.0% vs last month. This was below expectations of 3.3% for the year and 0.1% for the month. The Core CPI which excludes food and energy was up 4.0% for the last year...

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.7% in the last year and .4% vs last month. This was above expectations of 3.6% for the year and .3% for the month. The Core CPI which excludes food and energy was up 4.1% for the last year...

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.7% in the last year and .4% vs last month. This was above expectations of 3.6% for the year and .3% for the month. The Core CPI which excludes food and energy was up 4.1% for the last year...

This piece was originally published on September 13th, 2023 at Deep Knowledge Investing. Overview  Today, we got the August Consumer Price Index (CPI) report. It showed an overall increase of 3.7% in the last year and .6% vs last month. This above expectations of 3.6% and an acceleration over...

The Employment Issue Lots of interesting news this week where we address these important questions: Is the labor market cooling as quickly as some believe? How long can housing prices continue to rise? Is the trend towards services spending and away from goods continuing? Will anyone be...

Apple Inc.'s (NASDAQ: AAPL) introduced several new hardware and software products Tuesday, but the key takeaway from the event is how the company is "masterfully upselling" to existing consumers, said Gene Munster of Loup Ventures.  Typical Apple Playbook: Apple has been using...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) could double in value over the long-term as the company continues to focus on growing services revenue, Needham analyst Laura Martin said on CNBC's "Worldwide Exchange." Media Power: Investors tend to mischaracterize Amazon as an e-commerce...