News
Capital Requirements of Goldman Sachs and Morgan Stanley Slightly Lowered After Fed's Mistake
Both Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) will see their regulatory capital requirements reduced slightly after the Federal Reserve identified an error in its stress test
Why Fiverr Stock Jumped 29% Last Month
Shares of Fiverr (NYSE: FVRR) were climbing again last month after the online marketplace for freelancers posted an impressive second-quarter earnings report. According to data from S&P Global
DraftKings Announces Partnership With the Chicago Cubs
Major League Baseball's Chicago Cubs and DraftKings (NASDAQ: DKNG) have joined forces to make DraftKings the club's official sports betting and daily fantasy partner.
The multiyear deal, announced
Why Apple Shares Popped 21.4% in August
Shares of tech titan Apple (NASDAQ: AAPL) rocketed up 21.4% in August, according to data provided by S&P Global Market Intelligence. That continued 2020's outperformance trend for the device maker
Crude Oil Is Crashing Again: Here's Why
The year 2020 has been a brutal year for the oil and gas industry, and the overhang of the coronavirus pandemic continues to weigh on it. Crude oil futures are falling sharply on Sept. 4. As of 1:07
Why Virgin Galactic Stock Was Down 20% in August
Shares of space-tourism company Virgin Galactic (NYSE: SPCE) were down 20.3% in August, according to data provided by S&P Global Market Intelligence. It was an eventful first half of the month. The
Why Solar Power Stocks Are Crashing Again Friday
Another day, another big sell-off on the Nasdaq. Yesterday, shares of merging solar panel installers Vivint Solar (NYSE: VSLR) and Sunrun (NASDAQ: RUN) led the market lower, followed by similar
Why Mastercard Stock May Be Falling Friday
For the second day in a row, shares of Mastercard (NYSE: MA) are following the stock market lower. After losing nearly 5% in Thursday's tech stock rout, Mastercard dropped another 5% in early
Dow Jones Drops 350 Points as Apple and Salesforce Stocks Head Lower
The stock market tanked Friday morning, but the major indexes had partially recovered by early afternoon. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down about 1.1% at 12:55 p.m. EDT
Why Adobe's Stock Is Falling Today
Shares of Adobe Inc. (NASDAQ: ADBE) fell today as investors continued yesterday's market sell-off. After a few months of skyrocketing share prices, many tech investors are selling their shares and
Why Domo Stock Popped Today
Shares of Domo (NASDAQ: DOMO) have popped today, up by 10% as of 12 p.m. EDT, after the company reported fiscal second-quarter earnings. Domo delivered a textbook beat-and-raise.
Revenue in the
Why Broadcom Stock Gained Today
Shares of Broadcom (NASDAQ: AVGO) have gained today, up by 3% as of 12:40 p.m. EDT, after the company reported fiscal third-quarter earnings. The results topped expectations and Broadcom issued an
Why Norwegian Cruise Line Stock Popped More Than 5% This Morning
For the second day in a row, shares of cruise line operator Norwegian Cruise Line Holdings (NYSE: NCLH) are heading north, while the rest of the market moves south. Shares were up more than 5%
AbbVie Partners With I-Mab for Cancer Drug
AbbVie (NYSE: ABBV) has signed a collaboration agreement with Chinese clinical-stage biotechnology company I-Mab (NASDAQ: IMAB) for the development and commercialization of lemzoparlimab, a
Why Darden Restaurants Stock Was Up 14% in August
Shares of casual-dining restaurant company Darden Restaurants (NYSE: DRI) went up 14.2% in August, according to data provided by S&P Global Market Intelligence. The company didn't have news to
Amazon Is Adding Another 10,000 Jobs to Its Bellevue Campus
Amazon (NASDAQ: AMZN) only announced back in February that it was going on a hiring spree and adding 15,000 new jobs at its Bellevue, Washington, campus. The e-commerce giant has apparently already
4 Things You Need to Know About President Trump's Payroll Tax Break
In August, President Trump signed an executive order calling for a payroll tax deferral starting in September and lasting through the end of the year. Essentially, what that tax break will do is
Why Tesla Stock Fell Again on Friday
Shares of Tesla (NASDAQ: TSLA) tumbled again on Friday. As of 12:27 p.m. EDT, the stock is down more than 1%, trading at about $400, but it declined to as low as $372.05 at one point during the
Why Alteryx Stock Was Slipping Today
Shares of Alteryx (NYSE: AYX) were falling again today on the second day of a broad sell-off in tech stocks. There was no specific news out on Alteryx but as a software-as-a-service (SaaS) provider
Why Peloton Interactive Is Falling Today
Shares of Peloton Interactive (NASDAQ: PTON) were falling 7% in midday trading Friday, as the broader market dropped 2% in the second consecutive day of decline.
Peloton cycled 12% higher in August
Why Fastly, Datadog, PagerDuty, and Slack Stocks Plunged Today
Shares of cloud software companies Fastly (NYSE: FSLY), Datadog (NASDAQ: DDOG), PagerDuty (NYSE: PD), and Slack Technologies (NYSE: WORK) tumbled on Friday as investors punished high-flying tech
Why PolyMet Mining Soared 66% Today
Shares of PolyMet Mining (NYSEMKT: PLM) are soaring 55% as of noon EDT, and traded with as much as a 70% gain this morning. Positive company-specific news has the stock bucking the recent market
Why MongoDB Stock Is Falling Again
Shares of database software maker MongoDB (NASDAQ: MDB) are falling again on Friday. The stock dipped as much as 9.3% lower in the morning before recovering to a 7.5% drop at noon EDT. The stock has
Forget Clorox, Procter & Gamble Is a Better Consumer Staples Stock
Prior to the pandemic, Clorox (NYSE: CLX) had been struggling with weak sales of its household products -- including bags, wraps, grilling products, cat litter, and digestive health products -- and
Why Alphabet Stock Just Dropped 5% -- Again!
Shares of Google parent company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) dropped a steep 5% in early trading Friday, following a similar 5% decline on Thursday.
Everything tech related seems to be