Major U.S. stock indexes were set to open higher on Wednesday after data showed underlying consumer prices remained tepid in February, easing concerns about a spike in inflation as an economic recovery gathers momentum.
While COVID-19 pandemic was a terrible tragedy, Amazon.com (NASDAQ: AMZN), as perhaps the most essential business in the world during this time, had a terrific year in 2020. Sales accelerated 38%, and operating income rocketed 57% higher-- an incredible feat for a business of Ama
Futures tracking the S&P 500 and the Nasdaq dipped on Wednesday as U.S. bond yields ticked higher ahead of key bond auctions while investors cautiously awaited a reading on inflation later in the day amid fears that the economy could potentially overheat.
Fortune has not been kind to investors over the last few weeks. In the past month alone, the NASDAQ 100 saw a 10% decline. Many investors still have vivid memories of the COVID-19-induced stock market crash last March, and might be wondering whether this is history repeating itse
The markets are coming off a volatile week, but the S&P 500 still managed to squeak out a positive 0.8% gain by the end of it. However, some stocks weren't as lucky: Shopify fell by 12% and Tesla declined by 11%. If you are a bargain hunter, the good news is that there are so
World share markets inched higher on Wednesday after a stunning reboot in U.S. tech stocks, while the dollar and benchmark government yields both ticked up ahead of a key U.S. Treasury auction and inflation reading later.
A fire tore through a data complex housing servers run by cloud computing company OVHcloud in Strasbourg, eastern France, on Wednesday, destroying some units and forcing the temporary shutdown of others, the company's chief executive said.
The U.S. House of Representatives on Tuesday narrowly approved legislation to expand protections for labor union organizing and collective bargaining, at a time when workers at an Amazon.com facility in Alabama are deciding whether to join a union.
The major indexes logged big wins today, as retreating bond yields sent investors rushing back toward the battered tech sector. The Dow once again notched a record intraday high, while the S&P 500 also scored a win, as investors look forward to tomorrow's vote by the House
It's often said that imitation is the highest form of flattery. It's understandable if Amazon.com (NASDAQ: AMZN) founder and outgoing CEO Jeff Bezos might disagree with that adage. That's because Amazon's multi-decade record of e-commerce success has created a host of geographica
U.S. stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated and investors scooped up battered technology stocks.
U.S. stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated and investors scooped up battered technology stocks.
Vanita Gupta, President Joe Biden's nominee for the Justice Department's No. 3 post, said on Tuesday that she doubts that big tech companies would be excited about her being confirmed and promised to pursue vigorous enforcement of antitrust law.
In this episode of Industry Focus: Tech, we're back on the SEC Form S-1 hunt, this time looking at the books for Olo, a software as a service (SaaS) provider that helps big brand restaurants stand up their digital storefronts and make delivery happen. It's a high-growth business
U.S. stocks advanced on Tuesday, with the Nasdaq jumping about 4% to recoup its losses from the previous session, as U.S. bond yields retreated and investors scooped up battered technology stocks.
Making A List Of The Best E-Commerce Stocks To Buy? 4 To ConsiderMost e-commerce stocks have had a bumpy ride on the stock market lately. Understandably this is because investors shifting their attention from pandemic stocks to post-pandemic stocks. What does this mean? Well, the
Vanita Gupta, President Joe Biden's nominee for the Justice Department's No. 3 post, said on Tuesday that she doubts that big tech companies would be excited about her being confirmed and promised to pursue vigorous enforcement of antitrust law.
U.S. stocks advanced on Tuesday, with the Nasdaq jumping over 3% to recoup its losses from the previous session, as U.S. bond yields retreated and investors picked up battered technology stocks.
Many tech stocks, especially shares of companies that benefited from stay-at-home trends, soared in value throughout the pandemic last year. But that trend reversed over the past few weeks, as higher bond yields and lower COVID-19 infection rates sparked some investors to begin a