Consumer stocks were edging lower pre-bell Wednesday. The Consumer Staples Select Sector SPDR Fund (XLP) was 0.25% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 1% lower.
U.S. stock index futures fell on Wednesday, signaling a second day of selling on Wall Street as investors feared aggressive moves by the Federal Reserve to tackle inflation, with eyes on minutes from the central bank's March meeting.
The past few weeks have brought major news when it comes to stock splits. Some of the biggest and most talked-about companies have announced them. Why are stock splits so exciting? Because they bring down the price of stocks that have soared sky high. This opens the door to a bro
Etsy stock (NASDAQ: ETSY) has lost 4% in the last week, underperforming the S&P 500 (up 0.05%). Further, the same trend was observed over the last ten days (-14% vs 1.9%) and one month period (-20% vs 3.9%).
WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he prepares to leave the media company that he helped lead into the streaming era.
The first quarter of 2022 has been dull for the technology sector. The rising benchmark 10-year Treasury note yields had put pressure on the space. However, the tech-heavy Nasdaq Composite has been recovering from the slowdown and is now out of the bear market. It gained
Electric vehicle maker Rivian Automotive Inc said on Tuesday it is on track to achieve its production target of 25,000 vehicles this year, sending its shares up 2.4% in extended trading.
Wall Street's main indexes fell on Tuesday, dragged by weakness in tech and other growth stocks, after comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation.
(RTTNews) - Retail giant Amazon.com Inc (AMZN) said on Monday that it had finalized rocket launches with three companies even as it spends billions on getting together a satellite constellation to beam broadband internet, which will compete with rival Elon Musk-owned SpaceX's Sta
Wall Street's main indexes fell on Tuesday, dragged by weakness in tech and other growth stocks, after comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation.
Major online platforms face a yearly fee up to 0.1% of annual net income to cover the costs of monitoring compliance with new European Union rules requiring them to do more to police their content, an EU document shows.
What happened
On Tuesday, shares of Amazon.com (NASDAQ: AMZN) fell by a little -- about 2.3% as of 2:30 p.m. ET -- on some big news. The company is, of course, most famous for its e-commerce business, though it actually makes far more of its profits from cloud computing. And now,
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Amazon.com Inc (Symbol: AMZN), where a total volume of 169,337 contracts has been traded thus far today, a contract volume which is representative of approximat
Wall Street's main indexes fell on Tuesday, dragged by weakness in tech and other growth stocks, after comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation.
Major online platforms face a fee up to 0.1% of annual net income to cover the costs of monitoring compliance with new European Union rules requiring them to do more to police their content, an EU document shows.
Wall Street's main indexes fell on Tuesday after U.S. Federal Reserve Governor Lael Brainard said she expects rapid reductions to the central bank's balance sheet, spooking investors already on edge about the prospect of fresh sanctions on Russia.
Roku ROKU is benefiting from strong momentum in average revenue per user (ARPU) and improving user engagement.The company recently announced the extension of a multi-year distribution agreement with Amazon AMZN.Per the agreement, customers will continue to have access to
Amazon.com Inc labor organizer Christian Smalls said on Tuesday more than 50 warehouses of the e-commerce giant in the U.S. reached out after its warehouse in New York City voted to form the first union at the company.
There's no denying that Amazon (NASDAQ: AMZN) has been one of the market's more rewarding stocks in recent years. Up more than 20,000% since the end of the year 2000, the e-commerce giant has arguably been the market's best large-cap performer for the time frame in question. It w
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