Technology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity indexes.
Technology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity indexes.
Amazon’s stock (NASDAQ: AMZN), has fallen by 3.8% in the last week to $3285 currently. In comparison, Trefis’ analysis of Amazon’s valuation is $4257, which implies an upside potential of more than 27%. Meanwhile, the S&P 500 declined by 3.2% in the same p
Amazon.com Inc, Google and Microsoft Corp are expected to join a Biden administration conference on Tuesday focused on quantum technologies as the U.S. government works to head off hacking threats and corner a burgeoning growth industry.
NEW YORK (Reuters Breakingviews) - Mark Zuckerberg can’t catch a break lately. The Facebook boss wants to turn the two-dimensional internet into a metaverse where “instead of just viewing content, you are in it,” according to a
What happened
On Monday, investors sold off many stocks that performed well during the early stages of the pandemic, following encouraging news about a new antiviral drug for COVID-19 late last week.
Amazon (NASDAQ: AMZN) is up against a tough year-ago comparison this quarter. Last year, Prime Day fell in the same quarter as the holidays, providing the quarter with an extra boost. Investors, of course, can credit COVID-19 lockdowns for the unusual timing for Prime Day last ye
Wall Street ended sharply lower on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default also fed caution.
Wall Street ended sharply lower on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default offered another reason for caution.
Members of the union representing camera operators, make-up artists and other behind-the-scenes workers on Hollywood films and television shows have voted resoundingly to authorize a strike if they cannot reach agreement with producers on a new contract, the union said on Monday.
Wall Street tumbled on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default offered another reason for caution.
The pandemic has led to a boom in online shopping and e-commerce, but retailers are focusing more than ever on brick and mortar stores, particularly as the shopping center as a hub for consumers flourishes. The push to in-person shopping comes as rent is increasingly cheaper from pandemic closures, the price for companies to attract [...] Read more at ETFtrends.com.
Wall Street's main indexes tumbled on Monday as investors shifted out of technology stocks in the face of rising Treasury yields, while fresh U.S.-China concerns over trade offered another reason for caution.
Should Investors Be Watching These Top E-Commerce Stocks In The Stock Market Now?As we enter another week of trading, e-commerce stocks could be worth watching in the stock market now. For the most part, this would be due to key data on the U.S. jobs market this week. In detail,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Total U.S. Stock Market ETF (Symbol: ITOT) where we have detected an approximate $124.5 million dollar inflow -- that's a 0.3%
I accumulated a large position in JD.com (NASDAQ: JD), China's largest direct retailer, throughout 2018. I remained bullish on JD over the past three years, even as the stock was rocked by a scandal involving its CEO But I recently sold my entire stake for an average gain of roug
Amazon.com Inc on Monday became the latest online retailer hoping to entice consumers to shop early for the holidays, announcing discounts similar to those found on Black Friday.
What happened
Shares of e-commerce giant Shopify (NYSE: SHOP) dropped by 11% in September, according to data provided by S&P Global Market Intelligence. That was a continuation of a downward trend that began in July, when Shopify shares hit a record peak and were trading at s
The U.S. Supreme Court on Monday put an end to Oracle Corp's challenge to how the Pentagon awarded the government's now-canceled $10 billion JEDI cloud computing contract.