It's been quite the year for the investing community. They've witnessed the S&P 500's worst first-half return since 1970, endured back-to-back quarters of U.S. gross domestic product declines, and are navigating their way through the most inflationary environment in four deca
Warren Buffett is considered by many to be the most successful investor in history. When the Oracle of Omaha acquired Berkshire Hathaway in 1965, the company that would serve as the foundation for his world-beating investment empire had a price of $18 per share. Today, a single s
Snowflake (NYSE: SNOW) has taken investors on a wild ride since its IPO in September 2020. The cloud-based data warehousing company went public at $120 per share, then more than doubled on its first trade to $245. It attracted so much attention for two reasons: It was growing lik
Since hitting its June lows, the Nasdaq index has risen by nearly 25%. Such a move has left investors wondering if the index is in a bear market rally or has genuinely returned to a bull market.
A bear market is when a financial asset or stock index declines by 20% (or more) from its all-time high. The technology-focused Nasdaq-100 index has spent much of 2022 firmly in that territory, but thanks to a strong bounce over the past month, it has narrowed its decline to just
U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&P 500 posting losses for the week after four straight weeks of gains.
U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&P 500 posting losses for the week after four straight weeks of gains.
U.S. stocks were sharply lower on Friday thanks to a fall in megacap stocks and rising U.S. bond yields, putting the S&P 500 and Nasdaq on track to snap a four-week winning streak.
The U.S. Justice Department on Friday urged a U.S. judge to block a $2.2 billion merger of two of the "Big Five" book publishers, saying "competition matters" and said the industry should not be treated differently from others.
The S&P 500 and the Nasdaq on Friday were set for their first weekly loss after four weeks of gains as worries over interest rate hikes sapped risk appetite and dragged the megacap growth and technology stocks sharply lower.
What happened
Shares of Sea Limited (NYSE: SE) are down 24% for the week as of 11:39 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.
The S&P 500 has rallied about 10% over the past month as declining gas prices and signs of supply chain improvements have suggested that brighter days are ahead. However, the benchmark index remains down about 10% year to date -- and rising interest rates could still trigger
Russia's state communications regulator said on Friday it was taking punitive measures against five foreign IT companies for violating online content laws, which could require search engines to include a disclaimer about the violations.
CVS Health (NYSE: CVS) might not strike you as your typical growth stock. The healthcare company operates pharmacy retail locations across the country and has a health insurance business in Aetna. From afar, it might look like just a boring healthcare stock that only dividend inv
Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube is reportedly launching a marketplace for video streaming services and is in talks with other entertainment companies about participating in the platform. The one-stop streaming shop would allow consumers to subscribe to various s
Investors responded enthusiastically to Amazon's (NASDAQ: AMZN) stock split at the beginning of June, and its stock price has gone up 15% since then. But buying stock purely for a potential short-term boost is a short-sighted approach to investing, and doesn't offer any end game
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