Of all the drivers of the S&P 500’s growth so far this year, internet-focused firms have perhaps contributed the most. The key market index has grown 18% year-to-date as of Tuesday, with big internet tech names like Microsoft (MSFT) and Amazon (AMZN) contributing significantly. The global internet ETF OGIG has benefitted this year, including U.S. [...]
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The e-commerce market hasn't been the most reliable place to invest in recent years. The pandemic sent stocks skyrocketing as homebound consumers took to buying essentials online. Then, an economic downturn in 2022 stole what many companies had gained, as reductions in consumer s
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $361 inflow -- that's a 0.1% increase week over week in outstanding u
Wall Street's main indexes fell on Tuesday as higher Treasury yields weighed on some major growth stocks, while downbeat data on services activity in China stoked worries over demand in the world's second largest economy.
Amazon AMZN has outperformed the broader stock market in August, having gained 3.2%. This represents the sixth straight month of gains and the longest monthly winning streak since July 2011. The e-commerce giant pulled in about $4
Wall Street closed August on a negative note. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were down 2.4%, 1.8% and 2.2%, respectively. The Dow posted its worst month since May, the S&P 5
As August ended, Amazon AMZN celebrated a noteworthy achievement. The e-commerce giant has capped off six successive months of stock price gains, marking its lengthiest run of monthly growth since July 2011, as quoted on Yahoo Fin
Meta Platforms (NASDAQ: META) stock sank to a seven-year low of $88 last November. At the time, investors were disappointed with the decline of its advertising business -- which had struggled with Apple's privacy changes on iOS, fierce competition from ByteDance's TikTok, and oth
Vodafone plans to work with Amazon's low Earth orbit satellite constellation Project Kuiper to extend the reach of its 4G and 5G telecoms networks in Europe and Africa.
External factors like the pandemic and the macroeconomic headwinds that followed have made the stock market unpredictable in recent years. However, easing inflation and excitement over technology like artificial intelligence (AI) appear to have many businesses back on a growth pa
It’s a quiet week on the earnings front with just a couple of names of interest. Those include c3.ai, Docusign, Zscaler, Gitlab, UiPath, Gamestop, ChargePoint and Kroger.
Directional moves in the stock market have been no more predictable than a coin flip since this decade began. The COVID-19 pandemic and 2022 bear market sent investor sentiment into the doldrums, while historically low interest rates and a capital-injecting Fed fueled stock-buyin
No investor owns a functioning crystal ball. That's why all investing has some element of risk; we never know for sure what awaits stocks or their underlying companies.
Tech stocks faltered in August after a searing rally to start 2023. Here are three mega-cap tech stocks that are trading at attractive levels for investors looking to buy the dip.
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