What happened
Shares of AMC Networks (NASDAQ: AMCX) were moving higher last month after the cable network operator posted a better-than-expected earnings report and rose on a rumor that Amazon could be interested in acquiring it. A broader rebound in the market and optimism ab
On the same day that the Nasdaq marked a new bull market, the U.S. economy was officially declared to be in a recession. The two milestones on Monday illustrate how an 11-week surge in stocks has occurred despite widespread economic devastation fueled by the coronavirus pandemic.
Surging technology and communications stocks have put the Nasdaq on the cusp of confirming that it is in a new bull market just 16 weeks after coronavirus fears smashed stocks and threw the U.S. economy into recession.
What happened
Shares of Grubhub (NYSE: GRUB) jumped last month as news broke that Uber (NYSE: UBER) was interested in acquiring the restaurant-takeout marketplace. Such a deal, which has not gone through, would mean a combination between the #2 (Grubhub) and #3 (Uber Eats) r
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
How high can Amazon.com (NASDAQ: AMZN) go? RBC Capital analyst Mark Mahaney thinks as high as $3,300 -- 10% greater than the next nearest estimate on Wall Street of $3,000.
Although it was lauded for its assistance in fighting the COVID-19 pandemic early on, Amazon.com (NASDAQ: AMZN) continues to receive criticism for the way it is protecting its employees.
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