During an especially busy week, the ETF industry saw the launch of multiple ETFs and the completion of a major round of closures, not to mention some very interesting filings. BlackRock’s iShares arm roll out a fund focused on companies that are leaders in the transition to a low-carbon economy. Finnish pension fund Ilmarinen has [...]
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Stocks have made some nice gains from the October 2022 lows and remain within spitting distance of the recent peak in August last year. In fact, the S&P 500 index is up about +20% from the October lows, prompting some to sugge
Avid Technology AVID recently launched Pro Tools 2023.6, an update for its Pro Tools software that continues to enhance upon Pro Tools user experience.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Amazon.com Inc (Symbol: AMZN), where a total volume of 493,928 contracts has been traded thus far today, a contract volume which is representative of approximate
Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon's platform, a federal judge in Seattle ruled on Thursday.
An Indian group representing Netflix, Amazon and Disney has told the government its new tobacco warning rules are impossible to implement for streaming giants and will impinge on content creators' freedom of expression, a letter seen by Reuters showed.
It has been about a month since the last earnings report for Groupon (GRPN). Shares have added about 71.8% in that time frame, outperforming the S&P 500.
Alphabet’s GOOGL Google Cloud rolls out consulting services to bolster generative AI efforts.The new offerings include advice and tools through which Google Cloud strives to aid clients in adopting generative AI techniques.Moreove
Microsoft MSFT has revealed its plans to bring OpenAI's highly capable language-producing models, including GPT-4 and GPT-3, to U.S. federal agencies by leveraging its Azure cloud service. The company, based in Redmond, WA, has ex
In his personal blog in December, Microsoft (NASDAQ: MSFT) co-founder Bill Gates wrote, "Over the next few years, people are going to see the incredible progress in AI." And according to more recent statements from Gates, that incredible progress is coming straight for e-commerce
The S&P 500 has entered a new bull market, and the indicators seem to support its continuity. From chances of easing interest rate hikes to increasing corporate earnings and a historical pattern favoring the bulls, the positiv
On the same day that Shopify (NYSE: SHOP) released its first-quarter 2023 earnings report, its CEO also released a letter announcing the company will be releasing 20% of its workforce and selling Shopify Logistics to Flexport. Shareholders liked hearing that it ended its dreams o
Below is Validea's guru fundamental report for AMAZON.COM, INC. (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhi
U.S. stock index futures slipped on Friday, a day after the benchmark S&P 500 marked a 20% rally from lows, while inflation data and U.S. monetary policy decision due next week kept investors on their toes.
Don't look now, but the S&P 500 is a fraction of a percentage gain away from exiting the longest bear market run since 1948. A close above 4,292 will mark a new bull market. While this short-term bit of news might be exciting for some, it's really more important for investors
Nvidia is soaring on the heels of accelerating growth for AI chips, but the stock is already selling at an expensive valuation of 38 times trailing revenue. But even great companies can be lousy investments if you pay too much.
Amazon (NASDAQ: AMZN) and its investors didn't have the best 2022. The stock lost nearly 50%, and the company reported its first annual loss in almost a decade.
U.S. stocks have defied fears of a recession, a banking crisis and soaring Treasury yields to rise 20% from their October lows - one definition of a bull market.
Amazon.com said on Thursday that it was cutting delivery routes short for drivers in places affected by poor air quality, while Target also said its contactless order pickup service may not operate in the most affected areas.