When the curtain closes on 2020, it'll mark one of the most volatile years on record. The widely followed S&P 500 has logged many of its largest single-session point gains and losses in history since the last week of February.For long-term investors, these wild vacillations i
Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe to widen the digital payments platform's access to capital to fuel its growth.
A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday.
NEW YORK/LONDON/MILAN/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
FedEx (NYSE: FDX) on Wednesday said it intends to acquire e-commerce platform ShopRunner for an undisclosed price, adding a new dimension to the shipping giant's growing rivalry with Amazon.com (NASDAQ: AMZN).ShopRunner is a membership program that offers free two-day shipping, f
Alternative assets like office buildings, farmland and loans to mid-sized businesses will help investors meet their goals as interest rates stay low, said Jose Minaya, CEO of Nuveen, the $1.1 trillion asset management arm of TIAA.
Are These The Top Tech Stocks To Watch Before 2021?Tech stocks have had quite a phenomenal year. The stock market took a huge dive in March, but thankfully the drop didn’t last long. Shortly after, the monumental gains the stock market has made since then have investors loo
Amazon.com Inc is in talks to buy podcast startup Wondery with a valuation of over $300 million, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
More people are doing more online shopping than they've ever done before in 2020. As shoppers flock to online outlets, Amazon.com (NASDAQ: AMZN) has stood out from the crowd in 2020. Despite already dominating online sales, the company has seemingly increased its standing at the
LONDON/MILAN/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Target (NYSE: TGT) has long been viewed as one of the retail stocks on the losing end of e-commerce, and there are some valid reasons behind that. The company's website has never been particularly successful when compared to Amazon, and Target's lure was always its big, clean sto
As its competition with Amazon's (NASDAQ: AMZN) Amazon Prime heats up during the holiday shopping season, Walmart (NYSE: WMT) announced today it will begin offering free shipping on all orders placed as part of a Walmart+ subscription. The new policy takes effect on Friday, Dec.
What happenedShares of prescription-drug coupon company GoodRx Holdings (NASDAQ: GDRX) fell 22.1% in November, according to data provided by S&P Global Market Intelligence. The stock went down a little in the days following the release of its third-quarter results. But it plu
Retailers may hear their cash registers jingling all the way this Christmas, as the National Retail Federation forecasts holiday sales between November and December will grow 3.6% to 5.2% this year compared to last year.Yet lurking beneath this cheery outlook is a dark secret tha
If you're like many people, you don't want to have to think too much about your retirement accounts. You want a mix of investments, based on your risk tolerance, that will enable your portfolio to grow steadily over the long term. That mix will certainly include more aggressive g
As a company built and maintained on a deep foundation of technology, Amazon.com (NASDAQ: AMZN) is always looking to hone its competitive edge. Its latest attempt in this regard is, apparently, the development of proprietary quantum computing. According to a report from Bloomberg
Intel Corp's Habana Labs business said on Wednesday it would take time to gain market share from Nvida in cloud and data centre computing but its deal this week with Amazon Web Services (AWS) was a solid first step.
Amazon.com Inc said on Wednesday that five companies, including Uber Technologies Inc and JetBlue Airways Corp, have joined its fund that invests in companies developing environmentally friendly technologies.
(RTTNews) - Amazon.com, Inc. (AMZN) announced its continued investment in Nevada with eight new buildings across the state to support customer fulfillment and delivery operations. The sites are anticipated to create more than 2,000 permanent full- and part-time jobs. The company'