With the tech industry flying high amid the pandemic, the pace of new IPOs and interest in them has been fast and furious. Recent debuts have set a new bar for ludicrous valuation. Snowflake (NYSE: SNOW), for example, is trading for well over 100 times trailing-12-month revenue
Although many stocks trade below $10 per share, some deserve that price more than others. Many will remain stuck at that level, while some go on to produce massive growth. AMD is on fire after falling into penny-stock status five years ago. And at the low point of the dot-com bu
The rhetoric changes almost daily. Will there be more stimulus or won't there? Per the typical progression, the issue has become politicized between the two parties. While it seems to be agreed upon that further economic stimulus will be needed, the conflict is over the scale an
This has been a history-making year in more ways than one. The unprecedented coronavirus pandemic initially clobbered equities and sent them into a first-quarter tailspin. The 34% the benchmark S&P 500 lost in under five weeks represents the quickest bear market decline of a
With its stores closed for long stretches as part of the pandemic shutdown, GameStop (NYSE: GME) was always going to see its second-quarter earnings skewed. But its financial results should be a secondary consideration.
MercadoLibre (NASDAQ: MELI) and Amazon (NASDAQ: AMZN) have become e-commerce conglomerates. MercadoLibre has established a fast-growing online retail and payments business in Latin America, while Amazon, which pioneered e-commerce and cloud computing, leads worldwide.
The great thing about living in the United States is that we have virtually unlimited choices. (Proof: Have you ever checked out the potato chip aisle?) The same holds true for the cornucopia of stocks you can invest in. You can purchase more than 3,300 stocks on The Nasdaq exch
Technology stocks again rode to Wall Street's rescue on Friday, lifting the main indexes more than 1%, but the Dow and the S&P 500 still posted their longest weekly losing streaks in a year as fears of a slowing economy sparked an almost month-long rout.
Technology stocks again rode to Wall Street's rescue on Friday, lifting the main indexes more than 1%, but the Dow and the S&P 500 still posted their longest weekly losing streaks in a year as fears of a slowing economy sparked an almost month-long rout.
Technology stocks again rode to Wall Street's rescue on Friday, propelling the main indexes higher, but the Dow and the S&P 500 were on track for their longest weekly losing streak in a year after fears of an economic slowdown sparked a sell-off.
Of the many hyper-growth themes emerging today, artificial intelligence (AI) and robotics are among those sure to have the most profound impact on day-to-day life.
Wall Street's main indexes rose on Friday, led by technology-related stocks, but were still on track for their longest weekly losing streak in a year as fears about the coronavirus' impact on the economy dented investor sentiment.
A federal judge plans to deny SpaceX's challenge to U.S. Air Force contracts awarded to its rivals, writing in a Thursday court filing that the Pentagon properly assessed the development of SpaceX CEO Elon Musk's Starship rocket system as "too risky and expensive."
The COVID-19 pandemic was a double whammy for the pay-TV industry. First, marketers pulled back on their television advertising spend. Then, consumers started canceling their pay-TV subscriptions as sports were canceled and TV series productions were delayed. Around 6.6 million
Wall Street's main indexes rose on Friday, led by technology-related stocks, but were still set for their longest weekly losing streak in a year as fears about the coronavirus' impact on the economy weighed on investor sentiment.
What happened
Shares of Peloton Interactive (NASDAQ: PTON) were running 7% higher in morning trading Friday on no company-specific news, though there continues to be confusion surrounding the development of the Prime Bike by connected fitness-equipment maker Echelon and Amazon
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