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Amazon, Microsoft Get Profit From Cloud as Nasdaq Reaches Record
©2015 Bloomberg News NNAABH6K510D (Bloomberg) — Minutes after the Nasdaq Composite closed at a record, three of the biggest bellwethers in technology reminded the market precisely why investors are so bullish on companies that do business through the Web. Amazon.com Inc. for the first time broke out sales from its
Chinese College Kid’s Secret Stock Trade Shows Moral Hazard
©2015 Bloomberg News NRGFHF6KLVR6 (Bloomberg) — Lu Tao can’t sleep. He gets bouts of panic at night. And he’s too afraid to tell his parents why. The 23-year-old university student in Hangzhou, a city on China’s eastern seaboard, has a stock-market problem. He borrowed 200,000 yuan ($32,215) from mom and
