EU antitrust regulators will decide by March 15 whether to clear Amazon's proposed acquisition of U.S. movie studio MGM, a European Commission filing showed on Tuesday.
Shares of Spirit Airlines, Inc. SAVE surged 17.2% after the company reported fourth-quarter 2021 loss of $0.64 per share, narrower than the Zacks Consensus Estimate of a loss of $0.89 per share.ON Semiconductor Corporation’s ON shares jumped 8.4% after the company reporte
Technology stocks were slipping pre-bell Tuesday. The Technology Select Sector SPDR ETF (XLK) was 0.25% lower and the Semiconductor Sector Index Fund (SOXX) was recently declining by 0.40%.
Stocks have been turbulent recently, and it appeared that Tuesday would bring some more bumps in the road for investors. Major market benchmarks were mixed, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) was suffering the biggest decline in premarket trading. Futures on the Nasdaq
In 2015, Ethereum became the first programmable blockchain, a decentralized platform on which developers could build self-executing computer programs known as smart contracts. That technology has since evolved into an ecosystem of decentralized applications (dApps) comprising vid
Peloton Interactive (NASDAQ: PTON) was set to report fiscal second-quarter earnings after hours on Tuesday, according to Wall Street Horizon, and it may be its most closely watched report ever. The report was unexpectedly moved up to before Tuesday's opening bell. Shares plummete
On Feb. 3, Amazon (NASDAQ: AMZN) announced it would be raising prices on Prime membership. The move comes after several years of enhancements to the program that offers fast and free shipping to members, among other benefits. The last time Amazon raised Prime membership fees was
Wall Street is worried about inflation, which hit a 40-year-high in December, as well as the impact of rising interest rates on corporate profits. As a result, many investors have pulled money out of stocks, and the tech-heavy Nasdaq Composite has dropped 12% from its all-time hi
Specialty vehicle manufacturer Shyft Group Inc said on Tuesday it expects to begin building a medium-duty electric delivery van at a plant in the southeastern United States by mid-2023, marking another entry into the commercial EV space.
Global e-commerce sales hit nearly $5 trillion last year and could surpass $7 trillion by 2025. It's still a high-growth industry for investors, not even counting all of the complementary opportunities in areas like payments and logistics.
Shares of PayPal (NASDAQ: PYPL) fell 25% the day after it reported fourth-quarter and full-year earnings results on Tuesday, Feb. 1. In this report, the company posted worse-than-expected net income and forecast underwhelming first-quarter revenue.
Pinterest (NYSE: PINS) stock surged after the company released its fourth-quarter and 2021 earnings. The San Francisco-based company managed to grow revenue and earnings amid challenging conditions.
Warren Buffett is best known as a value-investing guru, but the fact that Apple is by far the largest stock holding in the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio shows the famous investor doesn't maintain an overly strict dichotomy between "value stocks" and "gr
If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Schwab 1000 Index ETF (SCHK), a passively managed exchange traded fund launched on 10/11/2017.
In 2015, Google announced it would rebrand as Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), signaling the company's intentions to be more than just a suite of ad-driven products. Investors cheered the move, sending the stock up 4%, and Google management said the decision was modeled a
In the midst of earnings season, perhaps the biggest jaw-dropping news event of all was the announcement from Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), the parent company of internet search engine Google and popular streaming platform YouTube, that it would be enacting a 20-for-1 s
Although investor sentiment may drive the price of a stock in the short term, prices eventually fall in line with the company's fundamentals. Investors' enthusiasm drove the price of Rivian's (NASDAQ: RIVN) stock exceptionally high soon after the company's initial public offering
India's Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify their delivery fleets ahead of a 2025 target for cleaner air, its environment minister told Reuters.
Shopify stock (NYSE: SHOP) has declined by almost 35% year to date, considerably underperforming the broader Nasdaq-100, which has declined about 8% over the same period. The stock is also down by about 48% off all-time highs seen in early November, trading at levels of around
Asian equities consolidated recent gains as investors' sentiment improved amid strong results by U.S. companies, helping stocks recover from the worst start to the year since 2016, while a resurgent euro paused ahead of U.S inflation data.