Shopify stock (NYSE: SHOP) has declined by almost 16% over the last month, considerably underperforming the S&P 500 which has remained roughly flat over the same period. The decline comes as investors increasingly move out of high-growth software stocks and pandemic w
The banker who advised some of the biggest media mergers of 2021 said on Wednesday he was exploring ways to accept cryptocurrency as payment for services, a powerful endorsement of the budding digital currency.
EU lawmakers voted on Wednesday to beef up draft rules to rein in U.S. tech giants, including extending the scope to their retailing activities and to their business users outside Europe, as part of their common position in forthcoming talks with EU countries.
What happened
For five long days, it looked like Nvidia (NASDAQ: NVDA) stock could do no right -- the share price just kept dropping as investors sought out cheaper ways to play the global semiconductor shortage.
Amazon.com Inc said on Wednesday that its cloud service, Amazon Web Services, is facing internet connectivity issues in two regions on the U.S. West Coast.
Shopify (NYSE: SHOP) and Baozun (NASDAQ: BZUN) both make it easier for businesses to set up online stores. Shopify, which is based in Canada, helps more than 1.7 million businesses set up online stores worldwide. It also enables merchants to process payments, fulfill orders, and
When Warren Buffett took over as Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) CEO in 1965, Lyndon Johnson was the U.S. president and The Sound of Music had just been released two months prior. The company was valued at just $19 per share when Buffett purchased a controlling st
Video-conferencing platform Zoom has joined a counterterrorism organization formed by major U.S. tech companies including Meta Platforms Inc, formerly known as Facebook, and Microsoft Corp, the group said on Wednesday.
Perhaps no other topic in finance received more attention in 2021 than cryptocurrencies. These digital assets have the potential to disrupt not only the concept of money itself, the hope of Bitcoin (CRYPTO: BTC), but also a whole range of industries and profit pools. This budding
Over the course of its 50-year history, the Nasdaq Composite has grown exponentially in terms of the number of companies tracked, aggregate market cap, and its overall importance to the U.S. and global equity markets.
U.S. stock index futures were subdued on Wednesday as the latest reading on inflation solidified bets that the Federal Reserve might announce a speedier wind down of its pandemic-era monetary stimulus later in the day.
In 2020, e-commerce sales made up 18% of total global retail sales, according to Statista, helped by many companies strengthening their e-commerce presence. By 2024, this market share figure is expected to expand to almost 22% of total retail sales globally.
Etsy’s stock (NASDAQ: ETSY) declined by 9% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by 0.05% over the same period. The online retailer saw its stock rise after strong Q3 2021 results in early November. Growth stocks have f
Oracle said on Wednesday it has opened its first cloud region in the Nordics in Stockholm, along with one in Milan, Italy, as the pandemic increased demand for cloud computing tools from private- and public-sector organizations.
Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to "further restrict competition", a legal document seen by Reuters showed.
The Swiss National Bank should convert its massive pile of foreign stocks and bonds into a sovereign wealth fund like Norway's to support government spending, a group of economists said.
The S&P 500 and the Nasdaq tumbled on Tuesday after data showed producer prices increased more than expected in November, solidifying expectations the Federal Reserve this week will announce a faster wind-down of asset purchases.
The death toll from the barrage of tornadoes that tore through Kentucky and surrounding states late last week included a dozen children, the youngest of which was a 2-month-old infant, Governor Andy Beshear said on Tuesday.