The companies that make up the FAANG acronym have undergone some name changes over the years, but their stocks led the market up until 2022. It's made up of the following:
Facebook, now known as Meta Platforms (NASDAQ: META)
Amazon (NASDAQ: AMZN)
Apple (NASDAQ: AAPL)
Netflix (NAS
We'll always remember 2022 as a time when all three major indexes touched bear territory. But 2022 also brought us something positive. It was a year of stock splits. Many of the world's top companies completed these operations. Why are they something to get excited about? Because
If you've paid any attention to the stock market over the past few years, you know that growth-stock investing can be wildly unpredictable. You probably remember the Nasdaq Composite index, which houses a lot of growth stocks, briefly tanked at the outset of the COVID-19 pandemic
Benchling, which develops software tools for scientists and pharmaceutical research organizations, has laid off 74 employees, or 9% of its workforce, its spokesperson confirmed on Friday.
Rivian Automotive (NASDAQ: RIVN) burst onto the scene in 2021 when it went public amid a surge in electric vehicle (EV) interest. The company, which makes an all-electric pickup truck and SUV, has earned a spot among some of the most innovative electric vehicle makers -- but unfo
Amazon (NASDAQ: AMZN) went from the darling of the stock market to unloved by many investors in just a few short years. The company's shares soared during the COVID-19 pandemic, when growth for its e-commerce and cloud businesses exploded, but now investors are worried about dete
In trading on Friday, shares of Amazon.com Inc (Symbol: AMZN) crossed above their 200 day moving average of $107.04, changing hands as high as $108.15 per share. Amazon.com Inc shares are currently trading up about 3% on the day. The chart below shows the one year performance
Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports.
The best performing sector as of midday Friday is the Healthcare sector, up 1.0%. Within that group, HCA Healthcare Inc (Symbol: HCA) and Universal Health Services, Inc. (Symbol: UHS) are two large stocks leading the way, showing a gain of 4.8% and 4.2%, respectively. Among h
The S&P 500 ended barely changed on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports.
A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified.
Amazon's stock rallied to its highest in more than two months on Friday after a research firm predicted the online heavyweight's retail business in North America is set to beat Wall Street's estimates.
Major U.S. stock indexes were little changed on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports.
Amazon's stock rallied to its highest in more than two months on Friday after a research firm predicted the online heavyweight's retail business in North America is set beat Wall Street's estimates.
Amazon.com Inc on Thursday defeated a private lawsuit in Seattle federal court that accused the national retailer of a scheme to curb competition for shipping and fulfillment services, causing consumers to pay more for purchases in violation of U.S. antitrust law.
Wall Street's main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge.
The iShares U.S. Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Friday, with over 203,000 shares traded versus three month average volume of about 72,000. Shares of IYC were up about 0.6% on the day.
Walmart Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload menswear label Bonobos, underscoring an effort to improve margins by narrowing focus and building on alternative revenue streams.