The Nasdaq 100 index retreated from an intraday record high on Thursday, with the S&P 500 and Dow Jones indexes also slipping as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out.
It's been almost 25 years since Amazon sold its first book online, and even as many have come to depend on online retailers, e-commerce still only represents 14% of retail purchases globally. But that's changing -- eMarketer reported last year that online purchases are expected
AMC Entertainment Holdings (NYSE: AMC), with about 1,000 movie theaters worldwide (63% in the U.S.), is the industry's largest company. Naturally, the coronavirus, which has forced the company to shut down theaters, has affected AMC. Investors won't know the full extent until la
Tencent (OTC: TCEHY) and Amazon (NASDAQ: AMZN), two of the largest tech companies in the world, have generated massive returns for investors over the past decade. Tencent's stock surged 1,360% as it expanded its gaming ecosystem and WeChat, China's most popular messaging platfor
The S&P 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March.
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump.
Consumers have more options than ever to stream video on demand, but most people will get by with a bundle of four services that'll cost just $35 per month.
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
EBay Inc raised current-quarter revenue and profit forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform, sending its shares up 10%.
Carvana (NYSE: CVNA) is a fast-growing e-commerce platform for buying and selling used cars. Listed in 2017, it has had a good run, with revenue more than quadrupling between 2017 and 2019. Despite its solid performance, Carvana is still a very young company with huge growth p
Amazon (NASDAQ: AMZN) is planning a sales event for later this month. The move marks a departure from Amazon's current pullback on marketing and promotional activities designed to reduce the stress on its overburdened warehouses and the workers fulfilling orders.
Spain's lower house voted on Thursday to begin drafting a 3% tax on revenues of internet giants, the latest of such moves by U.S. trading partners that has spurred a U.S. investigation and could lead to punitive tariffs. [nL8N2DF58A]
2020 has been an eventful year, to say the least. All was well the first two months of the new decade before all hell broke loose, and while the global economy remains in various stages of lockdown and in recession due to you-know-what, the U.S. stock market indices have rallied