ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the growth of digital wallets will "gut" traditional banks.
The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.
The Nasdaq fell sharply on Wednesday as investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.
The S&P 500 and the Nasdaq fell on Wednesday as investors sold off high-flying technology shares and pivoted to sectors more likely to benefit from an economic recovery on the back of more fiscal stimulus and vaccination programs.
Once again, retail investors are flooding into GameStop(NYSE: GME), sending shares of the embattled video game retailer soaring almost 200% in just over a week. Is the rally part of another Reddit-driven pump-and-dump scheme, or will this time be different? Let's dig deeper to fi
Wall Street's major indexes dropped on Wednesday, weighed down by technology stocks as investors unwound positions in high-flying shares and pivoted to sectors that are likely to benefit from an economic reopening on hopes of swift vaccinations.
What happenedShares of Clean Energy Fuels (NASDAQ: CLNE) surged 27.5% in February, according to data from S&P Global Market Intelligence. Following a 50%-plus increase earlier in the month, the stock corrected. Still, it was a remarkable move overall on the month.
Sprouts Farmers Market (NASDAQ: SFM) is a specialty grocery chain with a heavy presence in the South and Southwest. The grocer released its full-year 2020 earnings on Feb. 25, putting up fantastic sales and profit growth with an eye on sustainable store expansion.Shares were up o
The streaming wars are heating up, and a few services are emerging ahead of the pack. Netflix (NASDAQ: NFLX) has consistently remained the top dog in this race, and it is likely to maintain its position thanks to its pivot to original content. Netflix is beginning to reap the rew
What happenedShares in clean-energy company Westport Fuel Systems (NASDAQ: WPRT) surged higher by 25.3% in February according to data from S&P Global Market Intelligence. However, merely mentioning the monthly performance would not tell anything like the whole story. The real
Netflix said on Wednesday it would release 41 shows and films in India this year, calling the move its "next big leap" in the world's second most populous nation where video streaming services have become more popular.
If you're an investor of any kind, your primary goal should be to buy stock in great companies. But if you're a beginning investor, your other goal should be diversification -- don't park all your money in one stock. Sure, we think every stock we buy is great. But we don't always
As Amazon sets its sights on central and eastern Europe, the e-commerce giant will need to convince long-time Allegro shoppers like Elzbieta Modrakowska to click away from the region's leading online marketplace.
The House of Representatives recently passed the latest COVID-19 relief bill, which means we're one step closer to receiving a third round of stimulus checks.The new relief bill includes $1,400 stimulus checks for individuals earning an adjusted gross income of $75,000 or less pe
IT firm Micro Focus International said on Wednesday it had joined hands with Amazon.com Inc's cloud computing division to help customers migrate their mainframe applications and workloads to the platform.
IT firm Micro Focus International said on Wednesday it had signed a commercial agreement with Amazon Web Services to help customers migrate their mainframe applications and workloads to the cloud, sending the British company's shares up more than 14%.
(RTTNews) - Enterprise software company Micro Focus International plc (MCRO.L, MFGP) announced Wednesday the signing of a commercial agreement with Amazon Web Services or AWS, part of tech major Amazon.The commercial agreement formalizes a strategic collaboration to accelerate th
The S&P 500 is up a solid 75% from the lows of March 2020 and many large-cap stocks are now trading near all-time highs. In our indicative theme of Stocks Poised For A Split, we’ve identified a group of over ten companies from the S&P 500 whose stocks trade at
Target (NYSE: TGT) is scheduled to report its fiscal fourth-quarter results on Tuesday, March 2. We expect Target to likely beat revenue and earnings expectations, driven by a boost in products related to in-home activities, such as home office and entertainment needs. In 2020,
Amazon.com Inc's Prime Video streaming service on Tuesday issued a rare apology to its Indian viewers for some scenes in its original political drama series "Tandav", which allegedly offended Hindu religious beliefs.