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U.S. stocks closed higher on Thursday, bouncing from sharp losses in the prior session, thanks to a broad rally as earnings season got off to a strong start and fears lessened around hedge funds selling long positions to cover shorts.

U.S. stocks closed higher on Thursday, bouncing from sharp losses in the prior session, thanks to a broad rally as earnings season got off to a strong start and fears lessened around hedge funds selling long positions to cover shorts.

U.S. stocks rebounded on Thursday from sharp losses in the prior session in a broad rally as earnings season got off to a strong start and fears eased around hedge funds selling long positions to cover shorts.

Walmart Inc plans to expand its advertising business, adding space for ads at its U.S. stores and sharing its vast trove of shopper data with brands, the world's largest retailer said on Thursday, looking to challenge rival Amazon.com Inc as a media powerhouse.

AT&T (NYSE: T) made a big bet with HBO Max. The company spent $2 billion getting the expanded HBO service off the ground in 2020, and it didn't have much to show for it in the first six months of its launch. But the streaming service is finally starting to gain some traction

NEW YORK/LONDON/MILAN/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Retirement provides a host of benefits, such as not having to set the alarm clock or deal with the daily grind. It also means your investment approach has likely changed. You are probably looking at more conservative, income-producing stock investments.Here are two blue-chip comp

SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to convince its 400,000-strong client base to launch a major overhaul of systems in a pandemic.

Snowflake's (NYSE: SNOW) massive growth -- and the interest of a prominent investor -- have helped to boost the stock since its IPO. Its data cloud product's dominance of its niche should bolster Snowflake for the foreseeable future. However, despite the company's value propositi

Bilibili (NASDAQ: BILI) is sometimes described as China's Netflix. While both companies don't exactly have the same business models and target different markets, they both draw on original and new content to capture the hearts and eyeballs of stay-at-home viewers.While Netflix ha

Both Amazon (NASDAQ: AMZN) and Best Buy (NYSE: BBY) have benefited from recent shifts in consumer shopping habits toward e-commerce and omnichannel, as well as from increased spending on technology. But which of the two consumer discretionary companies is the better investment to

Walmart Inc plans to expand its advertising business, adding space for ads at its U.S. stores and sharing its vast trove of shopper data with brands, the world's largest retailer said on Thursday, looking to challenge rival Amazon.com Inc as a media powerhouse.

IBM (NYSE: IBM) recently reported its full-year 2020 financial results to a ho-hum investor reception. Big Blue's revenue remains in stubborn decline, dragged down by its legacy operations that become less important every year as cloud computing demand grows. But hiding just belo

High-risk investors saw their returns soar last year, at least if they invested in one of the year's biggest themes -- the coronavirus vaccine race. Clinical stage biotech companies such as Novavax and Vaxart surged more than 2,600% and 1,500%, respectively. If you're a cautious

Amazon (NASDAQ: AMZN) has emerged as one of the top destinations for apparel shoppers in recent years. In 2018, Morgan Stanley predicted the tech giant would dethrone Walmart as the top apparel retailer that year, and Amazon has only continued to gain market share since then. Sti

India's Future Retail has approached a tribunal to seek a key approval for its $3.4 billion asset sale to Reliance Industries, its lawyer told a court on Thursday, even as partner Amazon tries to block the transaction.

While it might seem counterintuitive to ponder if food delivery service DoorDash Inc. (NYSE: DASH) can make a turnaround just slightly more than a month after its Dec. 9, 2020, IPO, the company's extremely high stock valuation when it went public raises the question of whether it

The Dow Jones Industrial Average has existed for 125 years and is one of the most widely recognized stock market indexes in the world.While many investors believe the purpose of the index is to generally represent the U.S. economy, in fact that's true only in broad strokes. Origi

Volatility can be unnerving to some investors, but millennials absolutely love it. We know this because online investing app Robinhood gained roughly 3 million new users in 2020. The average age of Robinhood's investing base is just 31.Though Robinhood is known for offering commi

Norway's $1.3 trillion sovereign wealth fund, the world's largest, earned a return on investment of 1.07 trillion Norwegian crowns ($122.7 billion) in 2020, the second highest in its 22-year history, it said on Thursday.