The past five weeks have been particularly brutal for investors, and many of the biggest technology stocks weren't spared from the unprecedented market volatility resulting from the COVID-19 coronavirus outbreak. There's even a growing sense that a recession is inevitable, given
Shopify (NYSE: SHOP), the e-commerce software company, has been one of the best-performing stocks in recent memory. Shares nearly tripled in 2019, and they were following a similar trajectory this year as the company put up impressive growth numbers and established itself as a
After a three-day rally, stocks pulled back on Friday, killing (some) hope that the bottom has been reached. But I don't think Friday’s decline -- which has become the trading norm -- is enough evidence to say one way or another that we have not bottomed.
The past five weeks have been nothing short of a roller-coaster ride for Wall Street and Main Street. Through this past Thursday, March 26, the benchmark S&P 500 had recorded its seven-biggest single-day point gains in history, as well as 10 of its 13-largest single-sessions
With COVID-19 rapidly spreading across the globe, social media company Twitter (NYSE: TWTR) issued an earnings warning for its current first quarter. Citing the pandemic's effects on advertising sales, it withdrew its revenue and operating income guidance.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Edge MSCI USA Quality Factor ETF (Symbol: QUAL) where we have detected an approximate $270.7 million dollar inflow -- that's a 1.8% increas
Along with other companies across industries providing updates to investors regarding financial impacts of the COVID-19 pandemic, Facebook (NASDAQ: FB) acknowledged this week that its revenue is being hurt. However, the social networking giant stopped short of quantifying the
(RTTNews) - Attorneys General of 33 states in the United States jointly issued a letter to major online platforms asking them to do more to stop price gouging during the coronavirus or Covid-19 pandemic.
Do you have a nice warm-and-fuzzy feeling that the stock market has bottomed out and is ready to roar back? Yeah, me neither. That's not to say that I'm downbeat; I have no doubt whatsoever that a monumental rebound will come. But it wouldn't surprise me at all if the market fir
Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), Walmart (NYSE: WMT), Craigslist, and other online marketplaces are facing calls from 33 state attorneys general to reign in price gouging on their platforms amid the COVID-19 pandemic.
Snap (NYSE: SNAP) has been a divisive stock ever since the novel coronavirus (COVID-19) crisis started. The bulls claim Snap is well-insulated from the coronavirus crisis, since it has limited exposure to small and medium-sized businesses.
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