Like many other retailers, GameStop (NYSE: GME) experienced a rough fiscal first quarter, which ended May 2. It's not surprising since the coronavirus caused the company to block physical access to its more than 3,500 U.S. stores, with 65% providing limited pick-up services.
For the past four months, Wall Street and investors have been taken on quite the ride. It took less than five weeks between February 19 and March 23 for panic and uncertainty surrounding the coronavirus disease 2019 (COVID-19) to knock 34% off of the widely followed S&P 500.
In this episode of Motley Fool Answers, Alison Southwick is joined by Motley Fool personal finance expert Robert Brokamp and Dr. Trevon Logan, professor of economics at Ohio State University, to discuss the black-white wealth gap in America. Other economic news is also discussed
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in AMC Networks Inc (Symbol: AMCX), where a total of 6,638 contracts have traded so far, representing approximately 663,800 underlying shares. That amounts to about 79.9%
KFC won't leave the video game console market to the Microsoft (NASDAQ: MSFT) Xbox Series X and Sony (NYSE: SNE) PlayStation 5 this holiday season. The fast food giant is launching its own KFConsole on Nov. 12.
Amazon.com (NASDAQ: AMZN) keeps growing, and it's been adding new facilities and jobs as sales continue to soar and Amazon Web Services makes its own mark on businesses.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an approximate $114.8 million dollar inflow -- that's a 5.2% increase week over wee
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 Growth ETF, where 8,950,000 units were destroyed, or a 5.0% decrease week over week. Among the largest underly
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF Trust, which added 32,000,000 units, or a 3.7% increase week over week. Among the largest underlying components of SPY, in
Life is good for Apple (NASDAQ: AAPL) investors these days: The consumer tech giant has once again inched past Microsoft (NASDAQ: MSFT) for the market cap crown. But some investors feel that Apple has gone too high, too soon.
The competition between Microsoft (NASDAQ: MSFT) and International Business Machines (NYSE: IBM) is now a pairing of cloud titans. Microsoft elevated the head of its cloud division to CEO in 2014. IBM followed suit this past April.
Chinese tech giant Tencent (OTC: TCEHY) generates most of its revenue from its home market. But in recent years it's expanded overseas to reduce its dependence on China, where its social media and gaming businesses face tougher censorship and playtime restrictions, respectively.