The marijuana sector is (in)famous for its persistent lack of profitability. Given that, it can be hard to find a company that at least occasionally lands in the black on the bottom line.
Investors are becoming more bullish on cryptocurrency. In June 2021 a survey showed that 10% of U.S. adults were willing to invest in crypto assets, according to eMarketer. But that figure has more than doubled since then, reaching 24% in December 2021. Interestingly, the same re
Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one new share of Kyndryl for every five shares of IBM they held.
Amazon.com Inc may soon face claims from a U.S. labor board that it unlawfully fired a vocal union supporter at a New York warehouse in the midst of an organizing campaign.
Intel Corp’s plan to build a $20 billion chip-making complex on the outskirts of Columbus, Ohio is the clearest sign of a burgeoning tech sector in the U.S. Midwest, a development that is sure to raise corporate competition for workers and resources.
What happened
Shares of e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) are taking a punch in the gut today. Despite the stock already having slid sharply year to date, shares fell more than 4% on Friday. As of 1:25 p.m. ET, the stock was down 4.2%.
A South African court on Friday postponed a ruling on a lawsuit from descendants of South Africa's earliest inhabitants, the Khoi and San, to try to halt construction of Amazon's new Africa headquarters on what they say is sacred land.
In a bid to strengthen its retail business, Amazon AMZN is gearing up to establish a clothing store, Amazon Style, in Glendale near Los Angeles, CA.Notably, the store, which is expected to open in the latter part of this year, will mark the company’s first brick-and-morta
The poor showing on subscription guidance for Netflix NFLX yesterday has rippled through tech-world in Friday pre-market activity; the streaming leader, missing growth projections on net adds by a wide margin, is -20% ahead of today’s opening bell. Almost as fruit from th
Amazon (NASDAQ: AMZN) is slated to report its fourth-quarter and full-year 2021 results after the market close on Thursday, Feb. 3. An analyst conference call is scheduled for the same day at 5:30 p.m. ET. The period to be reported on is the second quarter that Andy Jassy has bee
Friday, January 21, 2022The poor showing on subscription guidance for Netflix NFLX yesterday has rippled through tech-world in Friday pre-market activity; the streaming leader, missing growth projections on net adds by a wide margin, is -20% ahead of today’s opening bell.
Wall Street's main indexes fell on Friday, with the Nasdaq set for its fourth straight day of declines after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower.
Snowflake (NYSE: SNOW) has served its early investors well. Warren Buffett's Berkshire Hathaway invested in this stock before the IPO at a significantly discounted price. When Snowflake ultimately debuted for retail investors, it was priced at more than double the $120 per share
The Nasdaq index was set to open lower on Friday after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower, with Wall Street's main indexes headed for another week of losses.
At the Motley Fool, we have a free service called Motley Fool CAPS. In CAPS, you pick the stocks you think will beat the S&P 500 Index (also known as "the market"). In my case, 57% of my stock picks in CAPS beat the market, which means that 43% of my stock picks fail to beat
Snowflake (NYSE: SNOW) launched the largest software IPO ever in September 2020. The cloud-based data warehousing company went public at $120 per share, started trading at $245, and hit an all-time high of $405 a share last November.But over the past two months, Snowflake's stock
Futures tracking the Nasdaq 100 index slipped on Friday after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower, with Wall Street's main indexes headed for another week of losses.