What happened
Shares of the major technology stocks, collectively referred to as FAANG, tumbled on Monday as the broader market suffered a steep sell-off. All the major U.S. stock indexes were down nearly 10% at 2:10 p.m. EDT following an emergency rate cut from the Federal Rese
If Jumia Technologies (NYSE: JMIA) offers anything, it's potential. In the best-case scenario, the startup could become the African version of North America's Amazon.com (NASDAQ: AMZN) or Latin America's Mercadolibre (NASDAQ: MELI) -- two multi-billion-dollar e-commerce giants
Oracle's (NYSE: ORCL) stock recently rebounded sharply from its 52-week low after its third-quarter numbers topped Wall Street's expectations. Its revenue rose 2% annually (3% in constant currency terms) to $9.8 billion, beating estimates by $50 million and marking the company'
IBM's (NYSE: IBM) stock recently plunged to its lowest point since 2009 as the novel coronavirus pandemic killed the bull market. However, that steep sell-off reduced its forward P/E ratio to less than 10 and boosted its forward yield to more than 6%.
The retail industry has gone through an upheaval over the last two decades -- e-commerce has ballooned to over 11% of all retail sales in the U.S., and shoppers now expect more from their local retail shops. Target (NYSE: TGT) has been disrupted just like everyone else, and has
Social distancing to keep yourself safe during the novel coronavirus pandemic means you probably need to avoid going to the mall for the time being. Even if stores remain open, it's best to avoid going to them until the government provides enough assurance that the outbreak has
When Netflix (NASDAQ: NFLX) and its streaming peers took on traditional pay TV, subscriber counts and legacy TV profits weren't the only things to be upended. Among the collateral damage were traditional measures of TV audiences, including Nielsen's long-tenured and widely respe
Two of the three private equity firms that caused sweeping changes at Bed Bath & Beyond (NASDAQ: BBBY) have firmly fixed their gaze on struggling deep-discount chain Big Lots (NYSE: BIG).
It's been a wild and unprecedented ride for global stock markets. As of this writing, the S&P 500 is down 20% from its all-time highs set in late February 2020 -- making this one of the fastest-ever corrections on record. Many individual stocks are down even more. Farewell b
The markets are bleeding. We've reached bear-market territory. For investors, this means there may be no better time to scoop up some bargains as a result of the recent sell-offs. While this may seem like an unnerving time to buy, it's important to remember that over the long te
The hype surrounding 5G mobile networks has been building for a couple of years now, but for most Americans accessing the higher download speed and lower latency (the delay time once a data request has been made) service is still a couple years away. That's because only a handfu
Stocks across industries are sinking, and a new bear market began this week. But some of the shares that are taking a hit today may not show many battle scars from the coronavirus outbreak when earnings season rolls around. The coronavirus outbreak started in China in January an
Both Amazon.com (NASDAQ: AMZN) and eBay (NASDAQ: EBAY) are under investigation by Italian antitrust regulators after prices for products like hand sanitizer and disinfectant skyrocketed on their e-commerce sites as the coronavirus outbreak intensified.