An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
Just a few weeks ago, shares of Amazon.com (NASDAQ: AMZN) touched a new all-time high above $3,700. This pushed the retail and technology giant's fully diluted market cap to just shy of $2 trillion.
The second quarter earnings season wasn't kind to Amazon.com (NASDAQ: AMZN) shareholders, with shares plunging about 7% the following day. After a boom year in 2020 amid the pandemic, it appears investors are less enthused with Amazon during the reopening, with the stock up just
While COVID-19 cases have seen a resurgence in recent weeks, social restrictions have eased across several states over the last year. Just as the pandemic caused a sales boom for companies that provide digital services, the reopening could drive equally strong near-term demand fo
Etsy's (NASDAQ: ETSY) stock price tumbled after the e-commerce company posted its second-quarter earnings on Wednesday, Aug. 4. It beat Wall Street's top- and bottom-line estimates, but its guidance came up short.Etsy's revenue rose 23% year over year to $528.9 million, beating e
After Fastly (NYSE: FSLY) posted its second-quarter numbers on Aug. 4, the edge cloud services provider's stock plummeted to a 52-week low. Its revenue had risen 14% year over year to $85 million, missing estimates by nearly $1 million and decelerating from its 35% growth in the
Roku's (NASDAQ: ROKU) stock tumbled after the streaming media company posted its second-quarter results on Aug. 4. It easily beat analysts' estimates on the top and bottom lines, but concerns about its slower growth in active accounts and streaming hours, along with a negative gr
Investors need large-cap stocks in their portfolios. These proven companies provide the bulk of index returns, as both the S&P 500 and Nasdaq Composite are weighted by market capitalization. Large cap stocks have also earned their massive sizes due to their histories of excee
Demand for high-end computing is booming in the wake of the pandemic, and showing no signs of letting up. And yet at the same time, the semiconductor industry -- the provider of all technology's basic building blocks -- is consolidating to address the economy's tech needs.
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
(RTTNews) - Amazon.com Inc. (AMZN) will now make it mandatory for warehouse and logistics workers to wear mask, starting from Monday. Employees would be required to wear mask even if they have been vaccinated, as the highly contagious delta variant rampages the U.S.
Cisco Systems Inc said on Friday it was not planning to offer a solution to help companies shift to private data centers from public ones, after a report from The Information said the network gear maker was developing a subscription service for it.
Amazon.com Inc has ordered employees to wear masks at work regardless of vaccination status, as the e-commerce giant attempts to prevent the spread of the highly infectious COVID-19 Delta variant, Bloomberg News reported on Friday.
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
The Dow and the S&P 500 indexes rose to record highs on Friday, boosted by soaring stocks in economy-linked sectors following a better-than-expected rise in jobs in July, while investors shrugged off concerns over the Delta variant impacting a nascent economic recovery.
Cisco Systems Inc is developing a subscription service called Cloud Stack to help enterprises shift or move back to private data centers from public ones, The Information reported on Friday, citing people familiar with the matter.
The Dow and the S&P 500 indexes scaled record highs on Friday as shares in economy-linked sectors jumped following a solid rise in jobs in July, helping allay fears of the Delta variant impacting a nascent economic recovery.
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