One welcome sign with the COVID-19 pandemic is how many companies, both large and small, have scrambled to develop diagnostic tests, antiviral treatments, and vaccines. Sure, these companies are in business to make money and have a profit motive behind their efforts. But every c
For most of the last two months and change, cruise line stocks have moved up -- and largely down -- together. When Carnival (NYSE: CCL) (NYSE: CUK) shares move in any given week, Royal Caribbean International (NYSE: RCL) and Norwegian Cruise Line Holdings (NYSE: NCLH) g
It's no secret that, once upon a time, Warren Buffett once owned a tiny entertainment and theme park operator called Walt Disney (NYSE: DIS). But that was in the 1960s, turbulent times for the markets, and Buffett and company sold their stake after a little over a year of owners
Amazon (NASDAQ: AMZN) and Costco (NASDAQ: COST) have become two of the most influential retailers today. Amazon's growth has stoked fear across the retail sector. Yet despite that success, Costco has prospered amid the Amazon onslaught, continuing to increase both net sales and
Government regulators are working through the weekend to boost public health officials' ability to monitor for local COVID-19 outbreaks. On Saturday, the U.S. Food and Drug Administration issued its first emergency use authorization (EUA) for a COVID-19 antigen test. The Sofia 2
The stock market has made a strong comeback after plunging earlier this year due to investors' worries about the economic fallout stemming from the COVID-19 pandemic. Nonetheless, in 2020, the S&P 500's return is still in the red by nearly 9%, with about 80% of the stocks in
When I first decided to compare fast-food giant McDonald's (NYSE: MCD) to the smaller and more beaten-up casual eatery BJ's Restaurants (NASDAQ: BJRI), my initial assumption was that the Golden Arches would win, hands-down. I mean, how could BJ's, with its old-school sit-dow
Tens of millions of Americans have lost their jobs as a result of the coronavirus pandemic, with government-mandated business closures and stay-at-home orders sending unemployment rates to unprecedented levels. So far, much of the federal government's response to try to shore up
AT&T (NYSE: T) will launch HBO Max at the end of the month, and management has big expectations for the service. In October, AT&T CEO John Stankey said he expects the service to reach 50 million U.S. subscribers by 2025. That number is, of course, bolstered by existing H
The stock market has made a strong comeback after plunging earlier this year due to investors' worries about the economic fallout stemming from the COVID-19 pandemic. Nonetheless, in 2020, the S&P 500's return is still in the red by nearly 9%, with about 80% of the stocks in
As far as crises go, coronavirus has been unprecedented in the speed with which it descended on the world and the destruction it has wrought on the global economy. In the face of this pandemic, there are no winners -- many have been affected directly by the virus itself, and ten
On Friday, the Bureau of Labor Statistics released the latest jobs numbers, and they weren't pretty. Nonfarm payrolls fell by 20.5 million in April, and the U.S. unemployment rate has now soared to 14.7%. However, one silver lining is that many of those laid off expect to eventu
What happened
Shares of online home-goods retailer Wayfair (NYSE: W) had a tremendous run in April, as it became clear that stuck-at-home consumers were still shopping -- and quite a few were shopping at Wayfair's sites.
Stocks rose last week, despite news that the economy just endured the worst month of job losses on record. After the government announced that the unemployment rate set a new record high of 14.7%, both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPI
MercadoLibre (NASDAQ: MELI) originally made its mark as the leader in Latin American e-commerce, but over the past several years, its move into financial technology (fintech) has become an increasingly important part of its growth story. The Mercado Pago payment system was origi
Spotify (NYSE: SPOT), the world leader in subscription music streaming, is likely to be multiples of its current size in 10 years. Here's where the company could be by then.
The COVID-19 outbreak has hurt the U.S. economy to a degree beyond what many of us could have imagined. Thankfully, the $2 trillion CARES Act has already been providing relief in the form of $1,200 stimulus payments that started hitting Americans' bank accounts in April. But the
COVID-19 has exposed some serious cracks in the movie theater industry. Besides being closed down to help combat the spread of the virus, doubt is mounting regarding just how many movie-goers will return to silver screens once they do reopen. Lingering fear of the outbreak may l
When a company releases its quarterly report, that's normally around the time investors will learn about any dividend cuts, and there have been no shortage of them lately. Unfortunately, COVID-19 has forced the hand of many executives to take actions to conserve cash, and someti