Under pressure to find an American buyer of the popular video-sharing app TikTok and its North American services and assets, Chinese owner ByteDance appears to have a bidding war on its hands. Database software giant Oracle (NYSE: ORCL) is reportedly throwing its hat in the ring
What happened
Shares of Kingsoft Cloud (NASDAQ: KC) have tanked today, down by 9% as of 12:45 p.m. EDT, after the company reported second-quarter earnings. Revenue was in line with expectations and Kingsoft lost less money than expected.
(RTTNews) - Marcus Theaters, a division of Marcus Corp. (MCS), Tuesday announced plans to open 35 theaters this weekend, with another 30 plus theaters to reopen on the weekend of August 28-30, after after being closed since March due to the coronavirus pandemic.
Consumer stocks were gaining in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF climbing 0.5% while the SPDR Consumer Discretionary Select Sector ETF was posting a 0.8% gain.
(RTTNews) - The Swiss stock market turned lower again on Tuesday, reversing gains from the previous session after spending the entire session in the red.
What happened
Shares of Peloton Interactive (NASDAQ: PTON) climbed on Tuesday, following bullish analyst remarks. As of 1:10 p.m. EDT, Peloton's stock was up more than 7%.
The recent Comptroller of the Currency (OCC) ruling that national banks and savings associations can provide cryptocurrency custody services to clients is one of the biggest milestones in the short but spectacular lifetime of digital currencies. Now that U.S. banks have the gre
In trading on Tuesday, shares of Bank OZK (Symbol: OZK) crossed below their 200 day moving average of $25.01, changing hands as low as $24.93 per share. Bank OZK shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of OZK sha
In trading on Tuesday, shares of Viavi Solutions Inc (Symbol: VIAV) crossed below their 200 day moving average of $13.43, changing hands as low as $13.38 per share. Viavi Solutions Inc shares are currently trading down about 1.3% on the day. The chart below shows the one yea
What happened
Shares of GrowGeneration (NASDAQ: GRWG) were jumping 13.4% higher as of 10:51 a.m. EDT on Tuesday after soaring nearly 21% on Monday. Investors continue to be excited about the specialty hydroponic and organic gardening retailer's blowout second-quarter results ann
Arguably the hottest financial services company among youthful investors today just got a fresh injection of cash. Robinhood Markets announced Monday that it has received $200 million in funding from D1 Capital Partners. This, Robinhood says, values it at $11.2 billion.
Most people would agree that 2020 has had more than its share of disasters. In fact, thanks to the novel coronavirus, the country is living through both a major public health crisis and a major economic crisis concurrently.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard FTSE Emerging Markets ETF, where 7,260,913 units were destroyed, or a 0.5% decrease week over week. Among the largest underlying
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard Total International Bond ETF, which added 28,297,017 units, or a 5.8% increase week over week.
One solution to the huge unemployment crisis precipitated by COVID-19 is Amazon.com (NASDAQ: AMZN). The tech and retail giant is expanding by leaps and bounds, and it made another hiring announcement today, for office jobs in six of its hubs. It will also invest in office space
They say that a reverse stock split is often the kiss of death, but Groupon (NASDAQ: GRPN) is having a pretty sweet afterlife. The local experience discounter has seen its stock move higher since its first day of trading after executing a 1-for-20 split two months ago. Groupon
U.S. home construction starts jumped 22.6% in July, the best gain since October 2016, as builders react to record low interest rates and a resilient economy by increasing residential building.