Admittedly, the word "unstoppable" doesn't seem to describe many tech stocks in their current state. The S&P 500 has flirted with bear market territory as some promising tech names lost more than three-fourths of their value.
The 2022 bear market continues to wreak havoc on high-growth stocks. With the Federal Reserve poised to continue hiking interest rates in an attempt to get inflation back under control, many stocks remain under pressure -- especially those that either don't yet turn a profit, or
The 10.7% rally in the S&P 500 from its June lows is stumbling as it runs into what has historically been the toughest month for the U.S. stock market, sparking nerves among some fund managers of a broad sell-off in September.
The stock market went on a record run from the 2009 end of the Great Recession through 2021. The S&P 500 -- an index made up of the 500 largest publicly traded companies in the United States -- produced a total return of 729.4% from March 2009 through Jan. 1, 2022.
Netflix (NASDAQ: NFLX) has had a rocky year so far. Over the first two quarters of 2022, the company has dropped roughly 1.2 million subscribers and its move into the mobile games space has yet to gain traction. Netflix has announced some strategies to stem its customer losses, i
Payments processing is a lucrative industry, with lots of competition both public and private. Publicly traded companies like PayPal and Block provide payment processing capabilities to businesses, alongside private companies like Stripe.
The 10.7% rally in the S&P 500 from its June lows is stumbling as it runs into what has historically been the toughest month for the U.S. stock market, sparking nerves among some fund managers of a broad sell-off in September.
What happened
Okta (NASDAQ: OKTA) shareholders lost ground to the market on Friday. The cybersecurity specialist's stock was down 5% by 3 p.m. ET compared to a 2.6% slump in the S&P 500. The dip added to a tough year for investors in the stock, which remains down nearly 60% s
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $2.3 billion dollar inflow -- that's a 1.3% increase week over week in outstanding u
Stock Market Today Mid-Morning UpdatesOn Friday morning, the Dow Jones Industrial Average started to rebound after dropping by 200 points early Friday morning. This comes following comments from Federal Reserve Chair Jerome Powell’s Jackson Hole speech. In detail
Late in 2020, the Federal Communications Commission held an auction to sell the rights to use the airwaves for 5G. The bidders included the big three cellular carriers Verizon (NYSE: VZ), AT&T (NYSE: T), and T-Mobile (NASDAQ: TMUS). Each took home a swath of the airwaves, but
At the beginning of the COVID-19 pandemic in early 2020, the stock market plunged. All three major indexes -- the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average -- fell 30%, 29%, and 34%, respectively, from mid-February to mid-March 2020. However, from then until the
Synopsys Inc. SNPS recently announced that it would buy back $240 million worth of its common stocks under an accelerated share repurchase (“ASR”) program. This initiative not only reflects the California-based company’s sound financial position but also its sustained foc
Dell Technologies Inc posted its slowest revenue growth in six quarters on Thursday as a surge in the dollar and COVID-19 flare-ups in major market China offset a jump in its enterprise-focused business.
Dell Technologies Inc posted its slowest revenue growth in six quarters on Thursday as a surge in the dollar and COVID-19 flare-ups in major market China offset a jump in its enterprise-focused business.
Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve's Jackson Hole conference for clues about the central bank's policy outlook.
Amazon (NASDAQ: AMZN) wants to build a greener future. The e-commerce colossus is turning to Plug Power (NASDAQ: PLUG) to help make green hydrogen a major component of its clean energy strategy.
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