A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Corp rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the video game retailer and other companies that were out of favor on Wall Street.
U.S. stocks dropped more than 1% on Wednesday, showing little reaction to the latest Fed statement, as major indexes were weighed down in part by a slump in Boeing and hedge funds selling off long positions to cover a short squeeze.
The Dow and the S&P 500 slid more than 1% on Wednesday as Boeing slumped on posting a record annual loss, while declines were exacerbated by hedge funds selling off long positions to cover a short squeeze sparked by a sharp rally in GameStop and AMC.
Netflix (NASDAQ: NFLX) made a very important announcement in its fourth quarter letter to shareholders. "We believe we no longer have a need to raise external financing for our day-to-day operations," management wrote in bolded and italicized type.CFO Spence Neumann expects the c
Despite sky-high expectations, Netflix (NASDAQ: NFLX) still managed to shock Wall Street with its latest earnings report. The subscription video-streaming leader gained more new members than expected in late 2020. Its rapidly improving cash flow points to surging financial streng
The S&P 500 and the Dow fell sharply on Wednesday after planemaker Boeing reported a record annual loss, while declines on the Nasdaq were offset by upbeat results from Microsoft.
In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool senior analyst Tim Beyers to discuss the latest earnings news. Netflix (NASDAQ: NFLX) soars 14% higher after global subscriber growth comes in much higher than Wall Street was expecting. Procter & Gamb
The ultimate goal of investing has always been to identify best-in-breed companies, buy their stocks, and reap the rewards. Every once in a while, however, a stock far exceeds our vision of success. Now what? Many investors have been faced with the decision of paring back a succe
U.S. stock indexes were set to open lower on Wednesday as investors parsed through earnings reports from companies including Boeing and Microsoft, ahead of the Federal Reserve's policy statement later in the day.
It's no secret that investing in some of the big overarching trends as they wash over society has put many investors on the road to Easy Street. E-commerce, digital payments, streaming video, and software-as-a-service are just some examples of secular trends that consumers have a
Silicon Valley venture capital firm TCV said on Wednesday it raised $4 billion for its 11th fund, the biggest fund in its 25-year history, after many of the portfolio companies in its previous funds boosted their business amid the pandemic.
Investing in FAANG stocks -- Facebook, Apple, Amazon, Netflix, and Google (Alphabet) -- is often an easy decision for growth investors. These are the top tech stocks in the world and they continue to rise in value. They all soundly outperformed the S&P 500 and its 16% returns
Approximately one in five Americans expects to work past the traditional retirement age, according to a 2020 survey from Northwestern Mutual. Of that group, around half say they're working longer out of necessity rather than choice.If your savings are lacking, you may have no cho
Netflix (NASDAQ: NFLX) delivered a stellar fourth-quarter earnings report, with global paid subscriptions increasing by 8.5 million to reach 203 million total. While Netflix's breadth of content is a subscriber magnet, management acknowledged the recent success of rival services
Buying the dip -- waiting for a stock you own to fall before buying additional shares -- is a time-honored tradition in investing. Furthermore, some investors will refuse to add to a successful company when shares have climbed higher, insisting they'll wait for the stock to "come
Netflix (NASDAQ: NFLX) reported fourth-quarter earnings on Jan. 19, and there was something in the report that indicated that the streaming giant is now a less risky stock to own. The company did mention competition and highlighted that Disney+ reached 86.8 million subscribers. H
One of the greatest attributes an investor can have is patience. Patience allows you to ride out the short-term volatility of the stock market and realize long-term returns. Think about the investors who bailed on Amazon, or Apple, or Netflix early on due to losses that may have
Streaming television has resulted in a number of disruptions to the media landscape, and there's more fallout to come. The success of Disney+ has media companies scrambling to offer their own services, flooding the streaming market. This is on top of Netflix (NASDAQ: NFLX) and Hu
Major U.S. averages on Monday closed off their best levels of the day, although the S&P and Nasdaq still finished at record levels, as concerns over the timing and scope of fiscal stimulus dented optimism at the start of a week of earning reports from mega-cap companies.