News
Chimera Cuts Its Dividend and Raises Capital. Is the Worst Over?
The mortgage real estate investment trust (REIT) sector has had a wild ride over the past three months. Virtually every stock in the sector reported a reduction in book value and has been forced to
E-Commerce Sales Surged 78% in May: These 3 Stocks Could Be the Biggest Winners
The COVID-19 pandemic has had a profound impact on the way people live their lives. One of the most obvious changes is that it has accelerated our shift toward e-commerce, as many of us chose to
The Battle for the Digital Office Is Heating Up
If you follow tech news, it is hard to miss press from Microsoft (NASDAQ: MSFT) and Slack Technologies (NYSE: WORK), which are battling it out for the highly coveted hub of the digital office
Dave & Buster's Is Creeping Back Towards Profitability
Investors weren't expecting much good news from Dave & Buster's Entertainment (NASDAQ: PLAY) in its first-quarter earnings report. The selling period included six full weeks during which all of its
Here's Why Groupon Shares Are Rising Today
Shares of Groupon (NASDAQ: GRPN) climbed today after the Commerce Department released new data showing that U.S. retail sales popped in May. Groupon's stock rose as much as 14.1% in the morning, and
Why Carnival Corporation, Norwegian Cruise, and Royal Caribbean Stocks All Popped Today
Investment banker J.P. Morgan predicted "a reasonable, albeit slow, recovery in operations" for cruise lines Carnival Corporation (NYSE: CCL) (NYSE: CUK), Norwegian Cruise Line Holdings (NYSE: NCLH)
Why Eli Lilly Is Soaring Today
Shares of Eli Lilly (NYSE: LLY) surged on Tuesday morning after the drugmaker reported positive results from a clinical trial for Verzenio (abemaciclib), a cancer treatment. The company's stock is
Dow Jones Rallies as McDonald's Reports Recovering Sales, and Cisco Stock Is Upgraded
The combination of strong retail sales numbers and a potential breakthrough for treating severe cases of COVID-19 sent the Dow Jones Industrial Average (DJINDICES: ^DJI) higher on Tuesday. While the
Better Buy: Costco vs. Kroger
Costco's (NASDAQ: COST) warehouse club model, which lets members buy bulk products at steep discounts, has become a major threat to traditional supermarkets like Kroger (NYSE: KR) in recent years
Why Best Buy's Reopening Is Not a "Sell the News" Event
When people look back on how businesses fared during the COVID-19 pandemic, many may see Best Buy (NYSE: BBY) as one of the relative surprises. Despite its stores remaining largely closed since late
Is Netflix a $525 Stock?
Netflix (NASDAQ: NFLX) has been one of the undisputed beneficiaries of the widespread stay-at-home orders issued in response to the COVID-19 pandemic. Forced into government-imposed lockdowns
Better Buy: Walt Disney vs. Kimberly-Clark
COVID-19 has thrown many investors into a frenzy. Should I buy stock in cleaning companies? Home exercise equipment? But the same investing principles that applied before still apply now. Even if
SoftBank Exploring Sale of T-Mobile USA Stake
SoftBank (OTC: SFTBF) is gearing up to sell a stake in T-Mobile USA (NASDAQ: TMUS) as part of its plan to shore up cash via asset sales.
In a press release issued Tuesday, the Japanese tech stock
Retailers Bring Explosive Gains to the Stock Market Today
Tuesday morning brought a big move up for the stock market, adding onto Monday's modest gains. Some strong economic data created a more positive mood on Wall Street, with evidence supporting the
What in the World Is Going on with Hertz Stock?
Hertz (NYSE: HTZ), a vehicle rental company now in the middle of the bankruptcy process, continued to mystify market onlookers as its share price jumped 21% Tuesday morning before quickly reversing
Why General Electric Stock Popped 7% Today
Shares of General Electric (NYSE: GE) stock popped nearly 7% in early trading Tuesday before giving back some of its gains. At 11:40 a.m. Tuesday, GE stock retained a healthy 3.2% gain -- about
Here's Why Infinera's Shares Popped Today
Shares of Infinera Corp. (NASDAQ: INFN) were rising today after economic data was published showing that retail sales rose in May. Shares of Infinera were up as much as 15.6% before the afternoon.
Epic Games Is Now Worth Nearly Half As Much as Games Giant Electronic Arts
Privately-held Epic Games, maker of the uber-popular Fortnite video game, is rapidly catching up to the big publicly traded videogame companies -- at least in terms of valuation.
Within the
Baidu's iQiyi Soars 25% as Tencent Plans a Stake, Giving It the Biggest Streaming Reach in China
Shares of Chinese streaming video champ iQiyi (NASDAQ: IQ) soared more than 20% on Tuesday on word that rival Tencent Holdings (OTC: TCEHY) is looking to buy a stake in the company -- its biggest
Amazon Deploys Cameras to Enforce Social Distancing in Warehouses, Offices
Amazon (NASDAQ: AMZN) is deploying cameras to ensure employees maintain social distancing while at work.
In a blog post, the tech stock said the technology, dubbed "Distance Assistant" will give
Why Baidu Stock Jumped 10% Today
Shares of Baidu (NASDAQ: BIDU), the company called the "Chinese Google," are easily outperforming shares of Google's parent today. As of 11:20 a.m. EDT on Tuesday, Alphabet stock was up 1.5% while
Will Carnival Stock Sink in June?
This has been a good month for Carnival (NYSE: CCL) (NYSE: CUK) investors. The stock has risen 24% through Monday's close, but an important date is coming later this month that could send this ship
Facebook Just Took a Huge Step Toward Monetizing WhatsApp
Facebook's (NASDAQ: FB) efforts to monetize WhatsApp -- the messaging app it paid $19 billion for in 2014 -- have been delayed and rethought several times over by CEO Mark Zuckerberg and his
Taking a Page from Tesla's Notebook, Sunrun Builds a "Virtual" Solar Power Plant in California
Two years ago, Elon Musk's Tesla (NASDAQ: TSLA) made a big splash on the world stage with his plan to link 50,000 solar-panel-equipped homes in South Australia to create a 250-megawatt "virtual
3 Reasons to Sell AMC Entertainment Holdings Stock
A tightly packed movie theater is the last place most people want to be with a highly contagious disease spreading around the world. That's partly why shares of AMC Entertainment Holdings (NYSE: