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Battered Apple poised to lead FAANGs in 2019

Bloomberg Move over, Netflix: Apple Inc will be the best performing FAANG stock in 2019, according to veteran analyst Gene Munster. Apple will be rewarded in the coming year as investors focus more on revenue and earnings growth rather than iPhone unit sales, said Loup Ventures’ Munster, who has covered the company for more than a decade. The Cupertino, California-based ...

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Brazilian rental car demand profiting from ride sharing

Bloomberg Brazil’s top rental-car companies say a cultural shift towards sharing automobiles rather than owning them will bolster demand as growth quickens in Latin America’s largest economy. The three main providers of rental cars in Brazil have far outpaced the Ibovespa’s 11 percent advance in 2018. Cia de Locacao das Americas is up 85 percent, Localiza Rent a Car SA ...

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Donald Trump is a test of economy’s breaking point

The president usually doesn’t do a lot to affect the US economy. When people say that President Barack Obama or President George W. Bush created jobs, it shouldn’t be taken literally — what really created the jobs was a confluence of vast and complex economic forces that the president affects only marginally. To substantially change the course of the economy, ...

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