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.
The pandemic has changed the way a lot of consumers shop. Though e-commerce was gaining traction for many years prior to the COVID-19 outbreak, digital sales have really exploded from mid-2020 onward as health concerns have kept shoppers away from physical stores.
The new year looks like it's starting off on the wrong foot for investors. After a 27% increase in 2021, the S&P 500 stumbled in January. Tech stocks continue to fall as the world copes with the relentless economic woes of the pandemic. But that doesn't mean there aren't any
Upsetting signs of inflation and corresponding fear of rising interest rates to combat it are changing how the stock market feels about high-growth fintech stocks. That's because it's easier for companies to grow by leaps and bounds if they have easy access to lots of cheap capit
Wall Street delivered another winning year in 2021. The benchmark S&P 500 rocketed higher by 27%, which is more than double its average annual total return of 11% (including dividends) dating back to 1980.
High-growth tech stocks have been getting hammered in recent months, thanks to heightened economic uncertainty caused by soaring inflation, the ongoing coronavirus pandemic, and tightening monetary policy. Among this unfortunate group is fintech leader PayPal Holdings (NASDAQ: PY
One of the most exciting emerging-markets companies out there is MercadoLibre (NASDAQ: MELI). On this Jan. 12 edition of "The Crypto Show" on Backstage Pass, Fool.com contributors Chris MacDonald and Jon Quast discuss how MercadoLibre is looking for solutions to currency volatili
(RTTNews) - Amazon.com (AMZN), the e-commerce giant which ended the dominance of brick-and-mortar retail stores, has announced plans to open a physical clothing store in Los Angeles.
Google is filing an appeal at the European Union's top court against an earlier decision to uphold a $2.8 billion antitrust fine, a spokesperson for the Alphabet unit said late on Thursday, the company's second bid to overturn the penalty.
The U.S. Senate Judiciary Committee on Thursday approved a bill that would bar tech giants like Amazon.com Inc and Alphabet Inc's Google from giving preference to their own businesses on their websites.
NEW YORK (Reuters Breakingviews) - If Microsoft has kicked off the game of who could buy Activision Blizzard, Netflix could be a surprise winner. The software giant’s $69 billion bid for the maker of “Call of Duty” is likely to
Italy's antitrust regulator said on Thursday it had recalculated the fines for U.S tech giants Apple and Amazon due to a "material error" in the first calculation.
Today's video focuses on Advanced Micro Devices (NASDAQ: AMD) and four recent pieces of news affecting its stock price. One could be a reason to sell the stock, but the other three could be seen as reasons to hold or buy. Here are some highlights from the video.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $428.6 million dollar inflow -- that's a 2.5% increase week over week in