Great again? Stocks (^DJI, ^GSPC, ^IXIC) climbing higher as Wall Street gets optimistic, on Main Street. Plus – Amazon’s everywhere – but one analyst thinks it’s the *weakest* of all big retailers. We explain And – Warren Buffett says stocks are “less attractive” now – but is there any other game in town? Plus – Overstock going crytpo – why CEO Patrick Byrne is embracing Bitcoin at the e-commerce retailer. Catch The Final Round at 4 p.m. with Dan Roberts and Yahoo Finance markets correspondent Myles Udland.
Winners and losers
Stocks getting hit today include Chico’s as the apparel retailer’s same store sales were worse than expected, Vera Bradley as the fashion accessories maker announced management changes that alarmed investors, and H&R Block – shares dropping as the tax-prep service posted a slightly wider-than-expected loss in its fiscal first quarter.
Stocks getting a lift today include Marriott as Wolfe Research upgraded shares to ‘outperform’ from ‘peer perform.’ Netflix as as Bernstein analysts claim the loss of Disney content will be offset by international gains, and Bank of America – shares rising as Warren Buffett’s Berkshire Hathaway becomes B of A’s largest shareholder after it exercised warrants to buy 700 million shares.
