The S&P 500 and the Nasdaq fell on Monday as investors rotated out of heavyweight technology stocks and moved into lagging growth-linked sectors while awaiting word on progress in the fiscal support bill to support the country's battered economy.
NEW YORK/HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Top U.S. tech firms including Amazon.com Inc and Facebook Inc filed a legal brief on Monday backing a challenge to U.S. President Donald Trump's temporary ban on the entry of certain foreign workers to preserve jobs for Americans during the coronavirus pandemic.
Amazon, Apple, Facebook, Microsoft, Netflix, Twitter, and other tech companies filed a legal brief on Monday backing a challenge to U.S. President Donald Trump's temporary ban on the entry of certain foreign workers to preserve jobs for Americans during the coronavirus pandemic.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $819.1 million dollar outflow -- that's a 10.3% decrease week
Wall Street indexes opened a touch higher on Monday after President Donald Trump signed executive orders over the weekend to support the country's economy through the coronavirus crisis until more concrete stimulus could be passed.
Industrial stocks may not be the most exciting companies to buy, but in a volatile market like this one, excitement isn't always a good thing. What many industrials do offer is low-key but reliable performance, saving the excitement for their dividend payouts, which can be well
While Amazon (NASDAQ: AMZN) has used abandoned shopping malls in the past as locations to build new fulfillment centers, Simon Property Group (NYSE: SPG) wants the e-commerce giant to use the stores of bankrupt retailers in its malls for fulfilling online orders.
(RTTNews) - Amazon.com, Inc. is in talks with mall operator Simon Property Group, Inc. to use the abandoned anchor departmental stores of JC Penny and Sears at their malls as fulfillment centers, reports said. This is expected to help the e-commerce giant in boosting their last
Wall Street indexes were set to open almost unchanged on Monday as investors looked to executive orders from President Donald Trump over the weekend to support the economy until more concrete stimulus could be passed.
U.S. stock index futures were in a flat-to-slightly higher range on Monday as markets looked to executive orders from President Donald Trump over the weekend to support the economy until more concrete stimulus could be passed.
Stock splits had almost become a thing of the past when Apple (NASDAQ: AAPL) came out with its surprise announcement to split its stock. The move was the fourth time that Apple had made such a move, but most of its tech peers -- including Amazon.com (NASDAQ: AMZN) -- had eschewe
Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began.
Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began.
India's plan to regulate "non-personal" data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters.
Mall operator Simon Property Group Inc has been in talks with Amazon.com Inc about turning some of its department-store sites into Amazon fulfillment centers, The Wall Street Journal reported https://www.wsj.com/articles/amazon-and-giant-mall-operator-look-at-turning-sears-j-c-penney-stores-into-fulfillment-centers-11596992863?mod=searchresults&page=1&pos=3 on Sunday.
Roku (NASDAQ: ROKU) reported earnings results that were better than Wall Street analysts expected, but investors still sold off shares of the growth stock after digesting its letter to shareholders. Although all of the core metrics at Roku -- revenue, accounts, hours streamed --
As the S&P 500 approaches fresh highs, some investors hope to pick up bargains in the battered U.S. real estate sector, where values of some major stocks have been cut in half this year.
There's no question that the coronavirus pandemic has been a boon for the video streaming industry. Subscriptions for services like Netflix (NASDAQ: NFLX) have surged, and third-party aggregators like Reelgood have also reported a sharp jump in streaming time.