The S&P 500 rose on Monday after the launch of a nationwide COVID-19 vaccine campaign in the United States, while Alexion Pharmaceuticals jumped on a $39 billion buyout offer from AstraZeneca in one of the year's biggest deals.
Tencent (OTC: TCEHY) announced on Sunday that its acquisition of Leyou Technologies was on track to close after receiving approval from each company's shareholders. Leyou is the parent company of Digital Extremes, the Canada-based video game development studio known for Warframe.
Amazon (NASDAQ: AMZN) founder and CEO Jeff Bezos is one of the most admired leaders in business. Over the last generation, Bezos has steered Amazon from a tiny online bookseller to a tech behemoth with a leading position in retail, cloud-computing, voice-activated technology, and
What happenedShares of connected-fitness company Peloton Interactive (NASDAQ: PTON) were up modestly on Monday, likely because it's been selected to be a part of the Nasdaq 100 Index. As of noon EST, the stock was up almost 5%.
Are These The Best Consumer Stocks To Buy Now? 3 Names To ConsiderIt has been a long year indeed for consumer stocks. These include companies in the food, retail, and e-commerce to name a few. The companies behind these stocks depend on consumer spending habits which have been he
Earlier this year, Amazon (NASDAQ: AMZN) purchased Zoox, a six-year old start-up seeking to create autonomous driving vehicles from the ground up. It reportedly paid over $1.2 billion in the deal, making it one of Amazon's largest ever acquisitions.
Tech giants which control access and data to their platforms could be fined up to 10% of their annual turnover for violating rules aimed at curbing their power, a person familiar with the matter said on Monday.
Tech giants which control access and data to their platforms will face fines of up to 10% of their annual turnover for violations under draft EU rules to be announced on Tuesday, a person familiar with the matter said.
There are many reasons to love Target (NYSE: TGT). Plenty of investors agree, and the stock has almost tripled over the past three years. But there's one reason that stands out and gives me confidence in the company's prospects. Target has a pretty strong advantage over similar c
Walmart (NYSE: WMT) has been successful for a long time, leading the company to reward shareholders with dividend payments. But there are many companies that pay dividends. As we've seen this year, a lot of them, including large and well-established companies, have suspended or c
When times get tough, basic consumer staples stocks that can bolster your portfolio. Back in the early stages of the pandemic back in March, the stocks of companies that sell basics like household cleaning products and groceries were the ones that held up best. Two such names wer
This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers.
From Air Canada to China's CDB Aviation, airlines and leasing firms are rushing to permanently convert older passenger jets into freighters, betting on a boom in e-commerce as the value of used planes tumbles amid the pandemic.
Sky, the pay-TV operator owned by Comcast Corp, has struck a deal with Amazon.com Inc that will see the launch of Prime Video on its platforms across Europe from Monday, while Sky's NOW TV and Sky Ticket apps will also come to Amazon's Fire TV devices.
GameStop (NYSE: GME) is fighting the good fight and cheering its prospects, even in the face of incredible adversity. The struggling video gaming retailer reported disappointing revenue and a net loss for the recently-ended third quarter of fiscal 2020. However, management touted
The COVID-19 pandemic has devastated many businesses around the world. However, it has been a huge positive catalyst for Shopify (NYSE: SHOP). The pandemic forced retailers -- including many mom-and-pop stores -- to shift their focus to e-commerce. Shopify helped these businesses
Any investor expectations for 2020 were soundly destroyed by March, when the COVID-19 pandemic started to spread in earnest across the United States. Shutdowns forced everyone to rethink their priorities -- simply getting the basic things you needed to shelter in place proved a c
Despite unprecedented challenges, strong performance for leading technology companies has helped push indexes including the S&P 500 and Nasdaq to record highs this year. However, there's still plenty of uncertainty on the horizon, and prudent investors will likely want to ass
Investors who stayed the course in 2020 are largely smiling today, with the market back around all-time highs. Warren Buffett is no exception. Although shares of Buffett's company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), are basically flat this year, Berkshire's investmen
In less than six weeks, President-elect Joe Biden will be sworn in as the 46th President of the United States. Although he's inheriting a pandemic and one of the steepest recessions the U.S. economy has ever seen, the stage is set for the stock market to thrive under his tenure.A