A merger of Walt Disney's India unit and billionaire Mukesh Ambani's media business would create an entertainment powerhouse in India, but lawyers say any deal would draw intense antitrust scrutiny and assets would likely need to be shed.
Shopify stock (NYSE: SHOP) had a solid year, rising by almost 100% since early January and is up by 16% over the past month. This is well ahead of the Nasdaq-100, which remains up by 50% over the same period. Demand for Shopify’s myriad offerings, which range from sof
The magnificent seven cohort of mega-cap growth stocks have loomed large for investors. They drove a significant portion of the impressive returns notched by broad market indexes. Big gains by Apple, Alphabet (Google), Meta Platforms, Amazon.com, Nvidia, Microsoft, and Tesla are prompting market participants to wonder whether or not sequels are in store next. History [...]
Read more at ETFTrends.com.
The U.S. Chamber of Commerce and Comcast Corp said on Thursday they oppose the Federal Communications Commission's proposal to reinstate landmark net neutrality rules, while major tech firms backed the plan.
In the latest market close, Amazon (AMZN) reached $147.42, with a -0.95% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.27%. Elsewhere, the Dow saw an upswing of 0.43%, while the tech-hea
With 2023 drawing to a close, the time has come once again to take a longer look at what next year might bring. As part of VettaFi’s 2024 Market Outlook Symposium, Vettafi Vice Chairman Robert Huebscher sat down with Professor Jeremy Siegel to discuss. Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton [...]
Read more at ETFTrends.com.
Many aggressive growth stocks are rising Thursday as Treasury yields drop and investors anticipate Federal Reserve rate cuts ahead. But shares of electric vehicle maker Rivian Automotive (NASDAQ: RIVN) are rising for another reason, too.
Technology has turned out to be the most profitable sector in 2023, driven by the artificial intelligence (AI) boom, easing inflation, a surge in “Magnificent Seven” stocks and a crypto rally. Additionally, bets that the Fed’s agg
BigBear.ai BBAI is keeping no stone unturned to expand its partner base. The company recently extended its partnership with the U.S. Army to continue as a prime contractor for the Global Force Information Management (GFIM) system.
Alphabet’s GOOGL Google is bolstering its image generation capabilities on the back of generative AI.Google recently launched the second generation of its image generator model, Imagen.Notably, Imagen 2, widely available for Verte
Oracle ORCL announced the availability of the Oracle Database@Azure service in the Microsoft MSFT Azure East U.S. region. In this collaboration, Oracle will manage the Oracle Exadata Database Service within Azure data centers.Addi
Have you been paying attention to shares of Amazon (AMZN)? Shares have been on the move with the stock up 3.9% over the past month. The stock hit a new 52-week high of $149.46 in the previous session. Amazon has gained 77.2% since
Consumer stocks were gaining premarket Thursday, with the Consumer Staples Select Sector SPDR Fund (XLP) 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently advancing by 0.7%.
Carbon capture startup Climeworks said it has agreed to sell 80,000 metric tons of carbon credits to Boston Consulting Group (BCG) over 15 years, its biggest and longest-duration deal.
Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi
U.S. wireless carrier AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate ways to reduce cost, cut carbon emissions and improve safety, the companies said on Thursday.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has been up and down in 2023, but right now the company looks well positioned to grow in search, the cloud, and even autonomous driving.
If you've ever been to a Coach store, you know the brand is upscale. So, too, are Kate Spade and Stuart Weitzman, which are the other brands that Tapestry (NYSE: TPR) owns. The company is dedicated to the high end of the market. And that's why the decision to start selling Coach