No one can tell you for certain whether this coronavirus bear market is over for good, or if another major sell-off is on the horizon. What is certain, though, is that while COVID-19 cases continue to grow in both the U.S. and around the world, it's completely altered the way ma
The coronavirus has paralyzed numerous businesses, while slowing down others. Many chains have been forced to close, while others operate under heavy restrictions as people follow stay-at-home orders or social distancing guidelines.
The past five-plus weeks have been nothing short of a rollercoaster ride for Wall Street and investors. Between hitting an all-time closing high on Feb. 19, 2020 and the previous Monday, March 23, we witnessed the benchmark S&P 500 (SNPINDEX: ^GSPC) lose 34% of its value. It
American Outdoor Brands (NASDAQ: AOBC) is taking a huge, non-cash impairment charge against the goodwill it carries for its outdoor segment as the coronavirus pandemic caused major retail customers to delay or cancel orders for non-essential products.
Online infrastructure is under strain as more people work from home and practice social distancing. One industry that is benefiting from this is cloud services. Microsoft (NASDAQ: MSFT) is seeing a significant increase in Microsoft Teams, Windows Virtual Desktop, and Power BI,
The past five weeks have been particularly brutal for investors, and many of the biggest technology stocks weren't spared from the unprecedented market volatility resulting from the COVID-19 coronavirus outbreak. There's even a growing sense that a recession is inevitable, given
After a three-day rally, stocks pulled back on Friday, killing (some) hope that the bottom has been reached. But I don't think Friday’s decline -- which has become the trading norm -- is enough evidence to say one way or another that we have not bottomed.
The past five weeks have been nothing short of a roller-coaster ride for Wall Street and Main Street. Through this past Thursday, March 26, the benchmark S&P 500 had recorded its seven-biggest single-day point gains in history, as well as 10 of its 13-largest single-sessions
Social distancing efforts have more people staying at home, and they're streaming a lot of video. In fact, consumer demand for streaming video may outpace what most consumers already have available in their lineup of subscription and ad-supported options. There's only so many ti
Most of the American public is heeding the advice of officials to practice social distancing and self-isolation, leaving the house only for necessities. With life put on hold, people are ratcheting up the amount of TV they're watching.
Arguably, no company has its finger on the pulse of the global economy like Uber (NYSE: UBER) does. The ridesharing giant operates in most of the world, and its business ferrying passengers to places like work, back home after a night out, or to the airport is highly correlate
One of the more surprising winners in the COVID-19 crisis has been Blue Apron (NYSE: APRN). With much of the country forced to stay home, the meal kit provider saw a sudden surge in orders. Investors subsequently bid the beleaguered stock higher amid this unexpected increase in
The COVID-19 pandemic has sent economic activity into a decline around the globe, which has caused most stock prices to drop substantially. And with no end in sight to the crisis, uncertainty is also adding to investors' panic.