Last year, Shiba Inu (CRYPTO: SHIB) became an sensation in the crypto community. The meme token went viral in early October after Tesla Chief Executive Officer Elon Musk tweeted a picture of Floki, his adorable Shiba Inu puppy. In doing so, Musk inadvertently helped send the toke
E-commerce enabler Shopify (NYSE: SHOP) surged at the pandemic onset as consumers shifted the majority of their spending online. Suddenly an online presence was vital for businesses while they were forced to shut their doors to in-person shoppers temporarily.
For the past couple of months, Wall Street and investors have been given a not-so-subtle reminder that stocks can fall just as easily as they can rise. Both the iconic Dow Jones Industrial Average and benchmark S&P 500 are in correction territory (i.e., down 10% or more from
Jeff Bezos' Blue Origin space tourism service has postponed until March 29 a flight initially set for next week, while "Saturday Night Live" comic Pete Davidson will not be a passenger on the launch, the company said on Thursday.
Consumer stocks were ending broadly higher in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) rising 0.4% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was climbing 1.2%.
NEW ORLEANS (Reuters Breakingviews) - Two years can seem like a long time. When Wall Street’s finest merger bankers and lawyers last convened in New Orleans for the Tulane Corporate Law Institute conference in March 2020, it was less
Down 70% over the past year, Teladoc (NYSE: TDOC) now trades at 3.9 times sales, while Johnson & Johnson (NYSE: JNJ), a much slower-growing company, trades at 4.9 times sales. Investors are not valuing Teladoc as high as it should be based on its fundamental strength in a few key
One of the constant themes of the COVID-19 pandemic has been learning how to perform basic needs remotely. From in-home workouts like Peloton to virtual learning environments on Chegg, society has learned to adapt to remote platforms.
Amazon.com Inc on Thursday said it had closed its $8.5 billion deal to buy MGM, combining the fabled movie maker behind "Rocky" and "James Bond" with the online retailing giant as it looks to draw consumers through more streaming video.
Amazon.com Inc on Thursday said it was closing its $8.5 billion deal to buy MGM, combining the fabled movie maker behind "Rocky" and "James Bond" with the online retailing giant as it looks to draw consumers through more streaming video.
Tech giant Amazon (NASDAQ: AMZN) recently announced a 20-for-1 stock split. If shareholders approve the measure in an upcoming annual meeting, Amazon should begin trading on a split-adjusted basis on June 6. While the move technically does not change the underlying strength of th
In the early days of the pandemic, the S&P 500 fell over 30% in less than 30 days, then it promptly rebounded as Congress approved a sweeping stimulus package and the Federal Reserve started buying debt at an unprecedented pace. By the end of 2020, the S&P 500 was up 16.3
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Amazon (NASDAQ: AMZN) surprised investors earlier this month when it announced a 20-for-1 stock split. Based on the stock's approximate current price of about $3,000 per share, this split would put shares at around $150 each, making them more affordable to retail investors. In fa
The longtime streaming king has suffered a notable correction in recent months. Netflix (NASDAQ: NFLX) shares enjoyed an impressive rally starting in late March 2020 through the first half of 2021, as demand in response to the pandemic soared. With COVID-19 keeping us at home, mo
Amazon (NASDAQ: AMZN) not only pioneered the concept of online retail, but it also has become the undisputed leader in the space. While that alone should be reason enough to own the stock, Amazon has also made a name for itself by popularizing cloud computing as well as establish
It looks like we are in a market akin to the early 2000s, which saw the technology sector plummet after a years of speculative frenzy amid geopolitical turmoil.
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Invesco S&P 500 Top 50 ETF (XLG), a passively managed exchange traded fund launched on 05/04/2005.