Many people started returning to offices, retailers started opening their doors again last month, and Americans started buying again. Retail sales climbed 17.7% in May from their April lows. Retail sales fell 8.7% in March and another 16.4% in April.
Amazon's (NASDAQ: AMZN) media business, which includes Prime Video, Prime Music, Fire TV, and Twitch, could be worth more than Netflix (NASDAQ: NFLX), Spotify (NYSE: SPOT), Roku (NASDAQ: ROKU), and Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube combined. Needham analyst Laura
Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger.
Shares of South American e-commerce and payments leader MercadoLibre (NASDAQ: MELI) has been on a tear this year, up 61.5% for 2020. Investors were initially wary of how the coronavirus might hit the company, sending shares down in the initial March plunge.
Few investors have run circles around the broader market quite like Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Even though Buffett hasn't exactly outperformed the broad-based S&P 500 over the past decade, his performance over the past 55 years spea
In a span of four months, Wall Street and investors have experienced what looks to be about a decade's worth of volatility. The CBOE Volatility Index hit a record high in March, with uncertainty surrounding the coronavirus disease 2019 (COVID-19) pandemic pushing equities into t
In 2019, Amazon.com (NASDAQ: AMZN) launched a pilot project in cooperation with the U.S. Department of Agriculture, the federal agency that administers the Supplemental Nutrition Assistance Program or SNAP, more popularly known as food stamps. Through the government's "SNAP Onli
In this episode of Motley Fool Money, Chris Hill is joined by Motley Fool analysts, Jason Moser and Ron Gross, and they take you through the latest headlines from Wall Street. They discuss the economic recovery of America and they've got some quarterly reports and some stocks hi
NEW YORK (Reuters Breakingviews) - Amazon.com still dominates the fast-growing e-commerce pie, but it’s getting some company. Lockdowns have trained people to shop online including in formerly laggard categories like groceries. That has helped Jeff Bezos but even more
When you think of Amazon.com (NASDAQ: AMZN), the first things that come to mind are likely e-commerce and cloud computing -- and with good reason -- as these segments account for the lion's share of the company's massive business.