The coronavirus pandemic accelerated changes in consumer habits and the digitization of enterprises, boosting the business of many tech players that have been providing the tools to enable such changes. As a result, the following three tech stocks made investors billions in 2020.
HONG KONG (Reuters Breakingviews) - Technology firms are due a green shake-up. Data centres and networks each use around 1% of the world’s electricity, according to the International Energy Agency – more, for now, than electri
NEW YORK (Reuters Breakingviews) - The pandemic pet boom has some bark left in it. Locked-down humans adopted four-legged friends at a rapid pace during the lockdowns. This pushed global pet product sales up to $125 billion, according to
There was a time when daily deals site Groupon (NASDAQ: GRPN) was seen as the shape of things to come for the e-commerce arena. Consumers didn't have a way of exploring all their local deals, and small, consumer-facing companies didn't have an effective means of connecting with n
The online grocery market in India has witnessed explosive growth this year thanks to the novel coronavirus pandemic, with sales expected to jump to $3 billion from $1.9 billion last year, according to consulting firm RedSeer. The market is expected to sustain this terrific growt
After months of political wrangling, Congress finally passed a $900 billion pandemic relief package on Monday. This marks the second-largest federal stimulus bill in history, behind only the $2 trillion CARES Act passed in March. One of the provisions of the current bill, which i
It's been an exceptionally volatile year for the stock market, but that hasn't fazed young investors one bit. Robinhood, the online app best known for offering commission-free trades, fractional-share investing, and gifting free shares of stock to new members, signed up millions
Back in mid-July, when Etsy stock (NASDAQ: ETSY) was trading around levels of about $100 per share, we discussed how Etsy was carving out a niche for itself in the e-commerce space and outlined how the stock could rise by about 3x over the next few years. (see our article below)
The S&P 500 and the Dow rose on Wednesday, while the Nasdaq lagged as investors shifted out of technology and into cheaper sectors that are poised to benefit from an eventual economic recovery.
Looking For E-Commerce Stocks To Buy Right Now? 3 Names To KnowThe year 2020 has been a banner year for many e-commerce stocks. That’s because, for many consumers, the coronavirus pandemic quickly turned e-commerce from a convenience into a necessity. Many consumers have ra
The S&P 500 and the Dow rose on Wednesday as jobless claims unexpectedly fell last week, while the Nasdaq retreated from a record high close on losses in heavyweight technology stocks.
SAN FRANCISCO (Reuters Breakingviews) - What kind of potential punishment would keep noses clean in Silicon Valley? As companies like Alphabet, Amazon.com, Apple and Facebook get bigger and attract more attention from watchdogs, it’
Trading around $3,200, Amazon's (NASDAQ: AMZN) stock comes with a hefty price tag. Amazon shares are on an incredible rally, even if you zoom out and look at it from a longer-term perspective. Why are its shares so expensive? Let's dig a little deeper and try to answer that ques
Amazon's (NASDAQ: AMZN) stock performance has made shareholders very happy in 2020 with a 73.5% return year to date. This was nearly five times the S&P 500's appreciation over the same timeframe.While that's great for existing shareholders, have the shares run out of steam? T
Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) Google has been under fire. In spite of its work organizing the world's data and being a "helpful" tech company, it was a tough year for online advertising because of the pandemic. An antitrust lawsuit was also filed, claiming Google has t
Financial independence -- particularly after retirement -- is one of the reasons many people choose to invest in stocks. But to truly be financially secure in retirement, it helps to start investing as early as possible. For young investors, putting money in quality stocks and le
It takes more than a global pandemic to slow Apple (NASDAQ: AAPL) down. In its fourth fiscal quarter of 2020, the iPhone maker posted record revenue of nearly $65 billion -- despite the delay of the iPhone 12 launch until November. The company also set new records for revenue and
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