A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump.
Consumers have more options than ever to stream video on demand, but most people will get by with a bundle of four services that'll cost just $35 per month.
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
EBay Inc raised current-quarter revenue and profit forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform, sending its shares up 10%.
Carvana (NYSE: CVNA) is a fast-growing e-commerce platform for buying and selling used cars. Listed in 2017, it has had a good run, with revenue more than quadrupling between 2017 and 2019. Despite its solid performance, Carvana is still a very young company with huge growth p
Amazon (NASDAQ: AMZN) is planning a sales event for later this month. The move marks a departure from Amazon's current pullback on marketing and promotional activities designed to reduce the stress on its overburdened warehouses and the workers fulfilling orders.
Spain's lower house voted on Thursday to begin drafting a 3% tax on revenues of internet giants, the latest of such moves by U.S. trading partners that has spurred a U.S. investigation and could lead to punitive tariffs. [nL8N2DF58A]
2020 has been an eventful year, to say the least. All was well the first two months of the new decade before all hell broke loose, and while the global economy remains in various stages of lockdown and in recession due to you-know-what, the U.S. stock market indices have rallied
Amazon (NASDAQ: AMZN) is a company that continues to attract investor attention as the creative vision of CEO Jeff Bezos drives this retail stock's price to new heights. He has taken Amazon from humble origins as an online bookseller to one of the biggest names in retail. Its mo
Peter Lynch is one of the most successful mutual fund managers of all time. Lynch ran Fidelity's Magellan Fund between 1977 and 1990, averaging a 29% annual return and regularly outperforming the S&P 500. You'd think he had a crystal ball hiding in his desk drawer, but his
Spain's lower house voted on Thursday to begin legislating a controversial tax on internet giants that has prompted the United States to open a probe which could lead to punitive tariffs. [nL8N2DF58A]
There's little doubt that the trend toward e-commerce had taken hold long before COVID-19 reared its ugly head, but there's overwhelming evidence that the trend has experienced significant acceleration as the result of the pandemic. Digital sales reached unprecedented levels as
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc, five people familiar with the plans told Reuters.