The S&P 500 and Dow rose in a broad-based advance on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.
The S&P 500 and Dow rose in a broad-based advance on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.
"Meme" stock-in-chief GameStop jumped another 13% in value on Friday, building on a surge since results earlier this week that showed online sales improving and a much-hyped management reshuffle gathering pace.
Five Below (NASDAQ: FIVE) is a specialty discount retailer targeting a younger demographic. Founded in 2002 and based out of Philadelphia, the company went public in 2012; as of this writing, shares have returned 618% since its IPO, significantly beating the overall market's perf
Chile’s LATAM Airlines is open to signing an exclusive contract with an e-commerce operator in Latin America as it looks to boost its cargo unit due to persistently weak passenger demand resulting from the coronavirus pandemic, an executive told Reuters.
Spotify (NYSE: SPOT) was founded in 2006 on the idea of building a service with a better value proposition than pirated music, which was killing the music industry at the time. Fast forward to 2020, and the Swedish technology giant has 345 million users and 155 million paying sub
Investors have been talking about the retail apocalypse for years, but it was the pandemic that more clearly separated the retail sector into the haves and have-nots.Most retailers got crushed by the pandemic, especially mall-based chains like department stores and those in the a
Last year was a big one for online shopping. The coronavirus pandemic made it tough (if not impossible) for many to step foot in most brick-and-mortar stores. As a result, Digital Commerce 360 estimates e-commerce sales in the United States alone reached $861 billion in 2020, whi
MercadoLibre (NASDAQ: MELI) and Sea Limited are two e-commerce operators not named Amazon.com that have seen torrid growth in the past year as a result of the pandemic. This duo is significantly smaller than the online juggernaut, but they serve large and growing international ma
Are you an investor looking for above-average gains but not interested in checking your stocks every single day? No problem -- that's perfectly possible. In fact, many investors ultimately crimp their potential returns by not leaving things alone and letting them simmer long enou
What's the best gift to give a child? Books and games are up there. A good education is vital. A safe and loving home, of course. Here's a supremely valuable gift you may not have thought of: a financial education.Without financial literacy and some money management skills, your
There's no denying that the adoption of streaming video accelerated over the course of 2020, and as the leading aggregator of streaming options, Roku (NASDAQ: ROKU) was one of the biggest beneficiaries. The company added more than 14 million active accounts during the year, bring
Investing in the latest trendy company isn't always the best idea -- especially when you're a long-term investor. The risk is that the company will lose steam and a newer, trendier company will replace it in the limelight.But there are companies -- and trends -- that aren't just
In this episode of Industry Focus: Tech, we get on the SPAC train with a rundown of Berkshire Grey, an automation and software company being acquired by Revolution Acceleration Acquisition Corp (NASDAQ: RAAC). We break down the huge growth story Berkshire Grey is presenting to in
In this episode of Industry Focus: Tech, we get on the SPAC train with a rundown of Berkshire Grey, an automation and software company being acquired by Revolution Acceleration Acquisition Corp (NASDAQ: RAAC). We break down the huge growth story Berkshire Grey is presenting to in
Robinhood Markets Inc is building a platform to "democratize" initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.
The Nasdaq slid on Thursday as investors sold technology shares and bought underpriced stocks likely to do well on expectations the U.S. economy grows at its fastest pace in decades this year.
Amazon.com Inc is rolling out on-site COVID-19 vaccination for its U.S. front-line employees, it said on Thursday, as companies step up efforts to get their workers immunized against the coronavirus.
U.S. solar panel maker SunPower Corp said on Thursday Chief Executive Tom Werner will retire after 18 years with the company, and will be succeeded by former Amazon.com Inc executive Peter Faricy.