United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of everything from packaged food to patio furniture since the coronavirus took hold in March.
Consumer stocks have turned broadly mixed, with the SPDR Consumer Staples Select Sector ETF still climbing almost 0.9% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was dropping 0.9% in late trade.
What happened
Shares of Diversified Healthcare Trust (NASDAQ: DHC), Simulation Plus (NASDAQ: SLP), and Hudson Pacific Properties (NYSE: HPP) are all moving higher today. As of 2:09 p.m. EDT, their shares were up 22%, 21%, and 5%, respectively. The reason? The S&P Dow Jones I
One of Roku's (NASDAQ: ROKU) biggest strengths over the last few years has been its growing share of the smart TV market. Management says one-third of all smart TVs sold in the U.S. are now Roku TVs, and it accounts for one in every four smart TVs sold in Canada. As it expands i
Aside from our house, all the money my wife and I have saved over the last 30-plus years is invested in stocks. At 53 years young, we hold a concentrated investment portfolio that will fund our eventual retirement. We're looking forward to the day when we don't have to work anym
By Michael Foster
If youaEURtmre like most people, youaEURtmre wondering how in the world the market can be doing this when the country has been on lockdown for the better part of two months:
No-brainer stocks may be hard to come by in today's market. After all, the S&P 500 has rebounded more than 36% from the low it hit on March 23 and is within breathing distance of the all-time high it set on February 19, just a little more than 10% off its peak.
Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine.
HBO Max, the streaming service launched by AT&T's (NYSE: T) WarnerMedia, made its debut on Wednesday. The service, which is anchored by content from its namesake HBO, went live packing a $14.99 monthly price tag and a host of flagship programming.
AT&T’s WarnerMedia division launches its HBO Max streaming service on Wednesday, taking on Netflix, Disney and Amazon at a time when coronavirus lockdowns have boosted demand for streaming even as rising unemployment has cut disposable incomes.
Reuters
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