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Why Macy's Rose as Much as 11% Higher on Friday

6 years 2 months ago
What happened Macy's (NYSE: M) closed Friday 3% higher, after a sprightly day on the stock exchange. The optimism for what has been a very out-of-favor company seems to be due to the Commerce Department's latest set of retail sales data published that morning. 

Stock Markets Stay Stuck Despite Retail Recovery Signs

6 years 2 months ago
Wall Street coasted into the weekend on a quiet note, as both the Nasdaq Composite and the S&P 500 (SNPINDEX: ^GSPC) pulled back slightly from near-record levels. The Dow Jones Industrial Average (DJINDICES: ^DJI) fared the best with a minimal gain, but worries about what th

Better Buy: Amazon vs. Chewy

6 years 2 months ago
There's something to be said about branding in the growing world of e-commerce. The first time that you heard about Amazon (NASDAQ: AMZN), it probably conjured images of the namesake Brazilian rain forest instead of what originally started as an online bookstore with grand ambi

Are Investors Ignoring a Real Risk to Apple's Future?

6 years 2 months ago
Apple (NASDAQ: AAPL)  seems to have everything going for it after another quarter of blowout earnings. However, Congress has its sights set on several big technology companies -- and no matter your market capitalization, the government is bigger. Apple hasn't grown by making

Amazon Unit Launches Quantum Computing Service

6 years 2 months ago
Amazon's (NASDAQ: AMZN) key subsidiary Amazon Web Services (AWS) is diving deeper into the world of quantum computing. The unit announced on Thursday that it has opened for general availability its Amazon Braket, described by the company as "a fully managed AWS service that prov
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