Last month, Tesla Inc. passed the $1 trillion mark in market value, becoming the most valuable car company, and as its stock continues to surge, it is carrying markets with it, reported Reuters. Rental car company Hertz placed an order last month for 100,000 Tesla vehicles by the end of next year, the event that [...] Read more at ETFtrends.com.
Netflix (NASDAQ: NFLX) has been losing some of its U.S. subscribers recently. When the company released its third-quarter results on Oct. 19, investors were curious to see how subscriber growth had shifted during the previous few months. In this segment of Backstage Pass, recorde
What happened
Shares of Aterian (NASDAQ: ATER) slumped 41% in October, according to data from S&P Global Market Intelligence. The e-commerce company had briefly gained favor as a potential short-squeeze candidate, but subsequent financing moves appear to have quickly popped that
It's no secret that Amazon.com (NASDAQ: AMZN) is facing higher labor costs than ever. The e-commerce and cloud computing giant boosted its minimum wages to $15 per hour in 2018, then kicked it up to $18 per hour in September 2021. In last week's third-quarter earnings call, manag
Sales exploded for Amazon (NASDAQ: AMZN) when the pandemic began. That shouldn't come as a surprise, considering that millions of people avoided visiting stores as the coronavirus began to spread. The leading e-commerce retailer with speedy shipping on almost everything a househo
A less-than-stellar third-quarter earnings report from Snap on Oct. 21 sent many top adtech stocks into a tailspin. Snap cited Apple's updated user privacy as the reason for its shaky balance sheet in the quarter. In this segment of Backstage Pass, recorded on Oct. 22, Fool contr
It's been a stressful year for shareholders of mobile gaming competition platform Skillz (NYSE: SKLZ). The stock declined from a high of over $45 per share all the way down to less than $8 after investors sold off former special purpose acquisition companies for several months.
eBay (NASDAQ: EBAY) stock slid immediately following the release of its third-quarter earnings results on Oct. 27, despite posting strong revenue and earnings numbers. Weak revenue guidance came under the spotlight as ongoing reopenings reversed some of the temporary sales gains
$5,000 might not seem like much in the tech sector, where stocks often cost hundreds or thousands of dollars per share. However, the best tech stocks can still transform a modest investment into a small fortune.
Will Roku's (NASDAQ: ROKU) battle with Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) ever come to a resolution? In this segment of Backstage Pass, recorded on Oct. 22, Fool.com contributors Jason Hall, Rachel Warren, and Toby Bordelon discuss.
Major secular trends are a great starting point when looking for new investment ideas. Innovations like cloud computing and digital financial services have already changed the world, and those trends are only gaining momentum. Of course, not all stocks in a given industry will ou
The supply chain crisis is impacting people all over the world, and it doesn't look anywhere close to ending. In this segment of Backstage Pass, recorded on Oct. 22, Fool.com contributors Jason Hall, Rachel Warren, and Toby Bordelon discuss some of the factors driving the supply
Australia's biggest industrial property company Goodman Group bumped up its profit forecast on Tuesday, citing supply chain blockages and a scarcity of warehouse space around the world, driving its shares to a record.
Global property manager Goodman Group upgraded its earnings growth forecast to more than 15% on Tuesday, driven by the booming e-commerce industry and a shortage of warehouse space, sending its shares soaring more than 6%.
Newly independent VMware Inc will look to pursue deeper deals with cloud computing providers and consider "large scale" acquisitions that could help the company grow, Chief Executive Raghu Raghuram told Reuters.
Electric vehicle maker Rivian Automotive Inc, which is backed by both Amazon.com Inc and Ford Motor Co, said on Monday it was targeting a valuation of more than $53 billion in its initial public offering in the United States.
As far as inflation is concerned, the pandemic may have created the perfect storm. Since March 2020, U.S. lawmakers and the Federal Reserve have injected trillions of dollars into the economy, hoping to avoid a prolonged recession. At the same time, business closures led to bottl
Amazon.com Inc will not require fully vaccinated U.S. warehouse employees to wear masks at work from Tuesday unless mandated by state or local law, a source familiar with the matter said.
Amazon.com on Monday asked the U.S. Federal Communications Commission for approval to launch and operate two prototype internet satellites by the end of 2022 as part of the company's effort to create a space-based satellite network.