The Nasdaq led gains on Wall Street on Thursday as investors returned to technology-related stocks, while a surprise rise in weekly jobless claims signaled that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs.
E-commerce giant Amazon.com (NASDAQ: AMZN) is having a fantastic year. The COVID-19 health crisis resulted in more online shopping, which is great news for the undisputed leader in that sector. Work-from-home policies also drove a greater need for solid cloud computing services,
FedEx (NYSE: FDX) and UPS (NYSE: UPS) are on a roll. Both stocks have surged in 2020, and analysts and investors are getting excited about the companies' long-term growth prospects. Let's take a closer look at what's going on and whether the strong runs can continue.
Wall Street's main indexes were set to slip at the open on Thursday as weekly jobless claims posted a surprise increase, the strongest signal yet that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs.
College is a costly undertaking. The average annual budget for a college student at a public four-year institution in 2019-2020 was $26,590 vs. a whopping $53,980 for a student at a private, nonprofit four-year school, per the College Board. Ouch!
U.S. stock index futures were subdued on Thursday as investors braced for another staggering weekly jobless claims figure, the latest evidence of a slowing economic recovery from a pandemic-led recession.
When Snowflake (NYSE: SNOW) made its market debut last week, the things that immediately stood out were the overwhelming demand for its shares and the premiums investors were willing to pay to buy them. After management initially planned to price the IPO in the $75 to $85 range,
Being an investor in 2020 hasn't been easy. The unprecedented coronavirus disease 2019 (COVID-19) pandemic has created meteoric plunges and rises in the market; it even sent the CBOE Volatility Index to its highest reading in history in March.
The S&P 500 index (SNPINDEX: ^GSPC) fell sharply on Sept. 23, losing 78 points, or almost 2.4% in a broad sell-off. Of the 505 stocks in the index, 478 finished today's trading session lower than they started, and all 11 sectors fell at least 1% today.
Prime Day 2020 for Amazon (NASDAQ: AMZN) will likely kick off on Oct. 13, according to a report on Tuesday by CNET, which cited four people with knowledge of Amazon's plans. An Amazon spokesperson declined to confirm the date, saying only: "Stay tuned for more details on Prime D
Wall Street's main indexes fell sharply on Wednesday after data showing a cooling of U.S. business activity and the stalemate in Congress over more fiscal stimulus heightened concerns about the economy while the coronavirus pandemic remains unchecked.
Wall Street's main indexes fell sharply on Wednesday after data showing a cooling of U.S. business activity and the stalemate in Congress over more fiscal stimulus heightened concerns about the economy while the coronavirus pandemic remains unchecked.
Wall Street's main indexes fell on Wednesday after data showing a cooling of U.S. business activity and the stalemate in Congress over more fiscal stimulus heightened fears of a choppy economic recovery from the pandemic-driven recession.
On Tuesday, Sept. 22, Peloton competitor Echelon announced it would be partnering with Amazon (NASDAQ: AMZN) to produce a low-cost exercise bike called the "Prime Bike." Retailing for under $500, the Prime Bike was designed as a no-frills connected fitness device priced far, fa
Wall Street's main indexes fell on Wednesday as data showing a slowdown in domestic business activity and a stalemate in Congress over more fiscal stimulus raised fears of a choppy economic recovery from a pandemic-driven recession.
Amazon (NASDAQ: AMZN) is the ultimate growth stock. That's not just because it has a ton of room to grow in the huge retail and cloud computing markets, but also because it's constantly working to invent big new businesses from scratch. No other company continuously surprises in
Wall Street's main indexes fell on Wednesday as data showed domestic business activity slowed in September, although a record high for Nike following a strong quarterly earnings report capped declines on the blue-chip Dow.
The Justice Department's antitrust lawsuit that is about to be filed against Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google will only focus on its dominance in internet searches and not the broader issue of its digital advertising policies, The New York Times reported on Tuesda