Wall Street's main indexes were set to open sharply higher on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result.
The past two months have been rough for investors, with the S&P 500 slipping 6.6%. But a market drop of that level doesn't necessarily mean we should avoid buying stocks. In fact, this could be the perfect time to scoop up a few bargains.Market turmoil isn't over, of course.
Alibaba (NYSE: BABA) is the biggest e-commerce player in China, so comparisons between it and Amazon (NASDAQ: AMZN) are inevitable. But with Amazon's $1.5 trillion market cap nearly double Alibaba's $790 billion, does Alibaba have the potential to be as big as its American rival?
"Diversify globally." If you've listened to that advice recently, a strong dollar and American tech leadership have caused your international stocks to underperform U.S markets. Now you need to decide:
Will international performance improve?
Should you continue to globally divers
Even during COVID-19, silver linings from the pandemic have appeared. One of these is the success of e-commerce stocks. As shoppers clamored for safe shopping options, e-commerce companies and their contactless buying options became a draw.However, in an industry where Amazon or
Italy's Serie A champions Juventus said on Wednesday their official TV channel will be available on Amazon's streaming service platform Prime Video as the tech giant is expanding its sports content offer in Europe.
U.S. stock index futures rose in volatile trading on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result.
One might think of Microsoft (NASDAQ: MSFT) and International Business Machines (NYSE: IBM) as two companies with numerous commonalities and sometimes, a shared history. Microsoft supplied the operating system for the IBM PC beginning in 1980.
Renewable energy and cannabis-related stocks, tipped to gain under a Joe Biden administration, were among the hardest hit on Wall Street on Wednesday, as traders adjusted to overnight results that left the presidential election hanging in the balance.
It appears election-year jitters have caused many winning tech stocks to sell off recently, despite most posting sterling results. Why? Who knows. It could be any number of reasons. Some investors may fear higher corporate taxes. Some portfolio managers may be locking in gains an
Futures tracking the S&P 500 and the Nasdaq indexes rose in volatile trading on Wednesday as investors faced the prospect of a drawn-out and potentially contested U.S. election result after President Donald Trump took the lead in some key states.
Nearly since the last presidential election in 2016, some investors have obsessed over what would happen in 2020. As new government policies took effect over the past four years -- most notably with tax reform -- Americans realized what was at stake in the 2020 elections.Yet for
U.S. stock index futures swung to gains in volatile trading on Wednesday as investors faced the prospect of a drawn-out and potentially contested U.S. election result after President Donald Trump took the lead in some key states.
America’s big day has come and gone, and the American people have spoken. The only problem is we still don’t know who’ll be sitting in the White House come Jan. 20, 2021 -- at least as of 3 a.m. EST on Nov. 4.This has been a hard-fought election cycle from both
We believe that Alliance Data Systems stock (NYSE: ADS) has an upside potential of 60% over the next 1-2 years, when the user transaction volumes return to the pre-crisis levels. ADS trades near $52 currently and it has lost 54% in value year-to-date. It traded at a pre-Co
In this episode of Industry Focus: Wildcard, Nick Sciple interviews Joost van Dreunen, author of One Up: Creativity, Competition, and the Global Business of Video Games, about his book and the business of video games. They discuss how developers, game publishers, console makers,
What happenedShares of Michaels (NASDAQ: MIK) were sliding last month, even though there was no news out on the arts-and-crafts retailer. Instead, the combination of rising coronavirus cases and the stock's being heavily shorted seemed to contribute to a slide in the second half
Canada introduced a bill on Tuesday that would strengthen the broadcast regulator and allow it to collect up to C$830 million ($630 million) by 2023 from online streaming companies such as Netflix and Amazon to fund Canadian content.
Amazon (NASDAQ: AMZN) may be considering greatly reducing or eliminating its reliance on the United States Postal Service (USPS) for its rural deliveries, according to reports on Monday by the website The Information and other outlets. Amazon's plan to handle its own rural delive
MILAN/LONDON/NEW YORK/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.