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01.06.26 - 14:06
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Here Are Monday′s Top Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Carnival, Dell Technologies, IBM, Kohls, Microsoft, Zscaler and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading higher to start a new trading week and a new month after what was an incredible May, and anybody who followed “Sell in May and Go Away” is having total seller's remorse. All the major indices, except the Russell 2000, finished the day higher, helping them reach all-time highs, ... Here Are Monday's Top Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Carnival, Dell Technologies, IBM, Kohls, Microsoft, Zscaler and More...
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27.11.25 - 18:36
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How Amazon turned our capitalist era of free markets into the age of technofeudalism | Yanis Varoufakis (The Guardian)
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Amazon Web Services owns the basic infrastructure for other businesses to operate online, turning even governments into its serfs. But now some people are fighting backFor the past six years, every Black Friday – that made-up carnival of consumption – Amazon workers and their allies have mobilised across the world in coordinated strikes and protests. At first glance, these disputes look like the standard struggle between a giant capitalist employer and the people who keep it running. But Amazon is no ordinary corporation. It is the clearest expression of what I call technofeudalism: a new economic order in which platforms behave like lords owning the fiefs that have replaced markets.To appreciate Amazon's extraordinary power, we must recall the system it is helping to bury. Capitalism relied on markets and profit. Firms invested in productive capital, hired workers, produced commodities and lived or died by profit and loss. But the emerging order is one in which the most powerful capitalist firms hav...
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