U.S. stocks rose on Wednesday to hover just below record levels as investors bet on a strong economic recovery in 2021 on the back of COVID-19 vaccine rollouts and hopes for even more fiscal support.
U.S. stocks rose on Wednesday, led by energy shares, as investors bet on a strong economic recovery in 2021 on the back of COVID-19 vaccine rollouts and hopes of bigger fiscal support.
Macy's (NYSE: M) shareholders have had a rough go of it going back several years, with the share price down by 66% over the last five years. While some investors may feel tempted to jump in, viewing this as a value stock, you should resist the temptation to buy while waiting for
Thanks to Best Buy's (NYSE: BBY) strategic place within tech-focused retail, along with its strong online presence that continues to grow, Best Buy is one of the few appealing brick-and-mortar retailers to invest in. The remote work trend received a big boost in 2020, and it seem
Shopping at Costco (NASDAQ: COST) is a popular American activity, and customers kept up their bulk shopping outings throughout the pandemic. Costco had high sales increases, powered by in-store shopping and also strong digital growth. 2020 was a great year for the bulk-buy king,
Amazon (NASDAQ: AMZN) stock has skyrocketed 78% this year primarily because e-commerce activity has accelerated due to the COVID-19 pandemic. But vaccines are beginning to roll out, and there is hope that an end to the pandemic is on the horizon. While that's likely to cause a mo
U.S. stocks were set to rise on Wednesday as investors hoped that COVID-19 vaccine rollouts and a bigger fiscal aid would help the world's largest economy recover from a pandemic-fueled slump in the next year.
eBay (NASDAQ: EBAY) shareholders made out well in 2020. Yes, the stock didn't surge quite as high as e-commerce rival Amazon.com (NASDAQ: AMZN). But the online marketplace's returns were comfortably ahead of the broader market and beat other peers (as ranked by total online sales
U.S. stock index futures rose on Wednesday as investors focused on prospects of a gradual vaccine-led economic recovery next year and more monetary and fiscal support.
When it comes to identifying stocks for potential investment, I focus primarily on qualitative factors. Before I even look at the valuation, the business needs to make sense to me, and it must have an advantage compared to peers. For me, Netflix (NASDAQ: NFLX) fits the criteria o
Activist investor Daniel Loeb wants Intel Corp to consider splitting its huge chip manufacturing operations from its chip design and development business, but analysts say doing so could weaken both businesses unless the firm can form a joint venture.
A new year brings new opportunities for the investment community. Following one of the most volatile years in history for the stock market, investors are looking forward to the young bull market stretching its legs in 2021.Though a stock market crash or correction is always possi
Scorching growth in advertising revenue appears poised to propel retail titan Amazon (NASDAQ: AMZN) over $100 billion in quarterly revenue for the first time in its history, according to reporting by PYMNTS.com and The Financial Times. Considering the year as a whole, $21 billion
Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should keep chip design and production under one roof, according to a letter it sent to the company's chairman on Tuesday that was reviewed by Reuters.
Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should remain an integrated device manufacturer, according to a letter it sent to the chipmaker's chairman on Tuesday that was reviewed by Reuters.
Hopes are high that newly authorized COVID-19 vaccines will be the way out of the current pandemic. But with the rollout just beginning in the U.S. and Europe, any possible return to normal will take time.Meanwhile, coronavirus cases across much of the world are actually rising.
Spotify's (NYSE: SPOT) business hasn't skipped a beat amid the COVID-19 pandemic. Its stock price has more than doubled year to date as investors catch on to how meaningfully its podcast investments could pay off over time. Let's recap 2020, dive into what's to come, and then det