Big tech is getting even bigger.The FAANG group of stocks crushed earnings across the board this quarter, showing that dominant tech companies are only getting stronger as the economy revs up into the post-COVID era.
For much of the past decade, the stock market has been on fire. Over the trailing 10 years, the iconic Dow Jones Industrial Average, benchmark S&P 500, and technology-dependent Nasdaq Composite have respectively returned 166%, 209%, and 390%.However, a significant portion of
Shares of Pinterest (NYSE: PINS) were down by double digits after the company posted first-quarter earnings, despite the report being stellar.Revenue in the quarter jumped 78% to $485 million, beating the company's own guidance and the consensus at $473.7 million. On the bottom l
Stocks were flat last week, as both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) held close to all time highs, up over 10% so far in 2021.The flood of corporate earnings reports continues over the next few trading days as hundreds of co
Activision Blizzard (NASDAQ: ATVI) investors are in for a volatile trading week. The video game developer will announce its latest earnings results on Tuesday, May 4, kicking off its fiscal 2021. Last year was a huge one for the business, as pandemic-related tailwinds supported s
Netflix (NASDAQ: NFLX) has been an amazing five-bagger investment for those who've held for at least five years. With its market cap still in the $200-billion-plus range, it has a long way to go be allowed into the $1 trillion market cap clubhouse. On a Fool Live episode, recorde
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Netflix Inc (Symbol: NFLX), where a total volume of 89,014 contracts has been traded thus far today, a contract volume which is representative of approximately 8
Cathie Wood, founder of investment management firm ARK Invest and highly watched money manager, is known for her disruptive stock picks. One of her holdings is streaming company Roku (NASDAQ: ROKU), which makes up 5.2% of the ARK Innovation ETF (NYSEMKT: ARKK), an exchange-traded
Wall Street's three main indexes fell on Friday as investors hit pause after a barrage of strong quarterly earnings and upbeat economic data put the benchmark S&P 500 index on track for a third straight month of gains following a record run.
Wall Street's three main indexes were set to fall at the open on Friday as investors hit pause after a barrage of strong earnings and upbeat economic data through the week drove the benchmark S&P 500 index to record level.
U.S. stock index futures retreated on Friday as investors hit pause after a barrage of strong earnings and upbeat economic data through the week drove the benchmark S&P 500 index to record levels.
Pinterest (NYSE: PINS) reported first-quarter results on Tuesday, April 27 to a disappointed audience. Investors sent shares tumbling after the earnings were announced. The disappointment arose partly because Pinterest reported flat user growth in the U.S. and said that the metri
The pandemic has affected Comcast (NASDAQ: CMCSA) and Netflix (NASDAQ: NFLX) in very different ways. Comcast suffered as social distancing measures kept consumers at home, accelerating the shift away from traditional TV. Netflix, on the other hand, benefited from relatively stron
Vaccines are rolling out. President Biden is pushing new spending packages. Earnings season is in full swing, and stocks are at all-time highs.There's a lot to wrap you head around in the stock market these days as the economy reopens and Americans begin to return to pre-pandemic
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR— Fund (Symbol: XLC) where we have detected an approximate $96.2 million dollar outflow -- that's
I look at earnings from Pinterest (NYSE: PINS) and Spotify (NYSE: SPOT) in today's video, and share three reasons why their drop in stock price might be a buying opportunity. Pinterest
Pinterest's most recent earnings showed strong year-over-year growth in revenue, monthly users,
Wall Street's main indexes were set to open higher on Thursday after stellar earnings from Apple and Facebook powered a rally in tech stocks, while investors parsed a barrage of quarterly reports as well as the latest batch of economic data.
Comcast Corp on Thursday reported quarterly revenue ahead of Wall Street estimates, buoyed by steady demand for its internet and wireless services thanks to remote working, despite pandemic-related weakness in its theme park and film businesses.
Sales and profits have been surging for Amazon (NASDAQ: AMZN) since the onset of the pandemic. As consumers of both essential and discretionary products relied increasingly on online retail and web services, the e-commerce retailer and tech giant made sure its services were avail