Wall Street ended higher on Tuesday, led by a surge in the Dow Jones Industrial Average, as investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases.
Consumer stocks were broadly higher late on Tuesday, with the SPDR Consumer Staples Select Sector ETF climbing 1.4% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was rising 0.3%.
Options investors are ramping up bets on some of this year's biggest winners, including Amazon.com Inc, Netflix Inc and Tesla Inc, even as they turn cautious on the wider market amid a resurgent U.S. coronavirus outbreak.
Wall Street rose on Tuesday, led by energy and materials, as investors looked beyond a recent surge in coronavirus cases and rotated out Amazon and other recent strong performers.
Walmart (NYSE: WMT) stock is getting a lift in Tuesday-afternoon trading, up more than 1% (the Dow Jones Industrial Average as a whole is up less than 1%) on news that the retail giant is expanding its influence in India.
The S&P 500 and Dow indexes edged higher in volatile trading on Tuesday as investors digested a mixed bag of quarterly earnings reports from U.S. lenders but technology stocks fell on worries over new business restrictions in California.
Amazon.com (NASDAQ: AMZN) wants to bring the "just walk out" technology that powers its Amazon Go convenience stores to your local supermarket. But it won't be installing all the costly cameras, sensors, and artificial intelligence onto store ceilings and shelves. Instead, it's
Two massive media companies launched new streaming services this summer: AT&T (NYSE: T) introduced HBO Max at the end of May, and Comcast (NASDAQ: CMCSA) started offering a preview of Peacock in April with a public launch this month.
Two massive media companies launched new streaming services this summer: AT&T (NYSE: T) introduced HBO Max at the end of May, and Comcast (NASDAQ: CMCSA) started offering a preview of Peacock in April with a public launch this month.
The S&P 500 and Dow indexes edged higher in volatile trading on Tuesday as investors digested a mixed bag of quarterly earnings reports from U.S. lenders but technology stocks fell on worries over new business restrictions in California.
Some investors are getting increasingly worried about the outlook for technology and big growth stocks after a massive rally which has pushed the Nasdaq Composite index to record highs despite the coronavirus-inflicted economic damage.
When Warren Buffett invests in a company, it pays to find out why. The legendary value investor bought his first stock at age 11 and now, 78 years later, he is the fourth-richest man in the world and the head of the $430 billion holding company Berkshire Hathaway (NYSE: BRK.A)
There's little doubt that Netflix (NASDAQ: NFLX) has been among the clear winners of the ongoing stay-at-home economy: The stock is up an impressive 70% so far this year. To put that into context, the Dow Jones Industrial Average is down about 7%, the S&P 500 sits near bre
Comcast-owned NBCUniversal will enter a crowded streaming market on Wednesday when it launches its Peacock streaming service nationally, offering 20,000 hours of content, including NBC shows such as "30 Rock," "Cheers" and "Saturday Night Live."
Flipkart said on Tuesday it raised $1.2 billion in an investment led by its majority owner Walmart Inc, valuing the Indian e-commerce firm at $24.9 billion.
Amazon.com Inc said on Tuesday it launched a pilot healthcare program for its employees and their families to provide primary services such as vaccination and physical therapy.
Billionaire investor Bill Gross is predicting that value stocks like IBM and Altria Group are likely to fare better than growth stocks like Apple or Amazon.com in the near term, due to a correlation with real interest rates.
As we all know, the fate of many lives, not to mention the U.S. and global economy, largely depends on the containment of the novel COVID-19 coronavirus. While there are many vaccine candidates currently in trials, there's no guarantee that any will be approved for effectiveness
America is in a recession, but that doesn't make this is a bad time to invest. Recessions can be the best time to buy stocks because you can pick up quality companies at affordable prices.