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Earnings season is pretty much finished, and the main story wasn't Covid-19. Instead, it was the complete dominance of e-commerce and cloud computing. Megacap Internet companies like Amazon.com (AMZN), Facebook (FB) and Alphabet (GOOGL) climbed on strong results. They...
Technology stocks continue to lead a small group of companies doing well amid the coronavirus lockdown. Cisco Systems (CSCO), Square (SQ), Logitech (LOGI) and Datadog (DDOG) all reported strong quarterly results over the last week. Several are direct beneficiaries of...
Interest rates crashed to record lows because of coronavirus. But will they stay there? The U.S. Treasury Department is preparing to flood the market with new bonds as it pays for trillions of dollars in stimulus. Several economic reports this week could also have an...
Coronavirus was a big theme in quarterly results over the last week, but it wasn't all bad. Companies like Shopify (SHOP), Activision Blizzard (ATVI) and Peloton Interactive (PTON) ripped higher as social distancing drove growth in their online businesses. Match...
The market expects more terrible employment data from ADP today as coronavirus rips through the economy. Now that businesses are reopening, let's recap the disease's impact and what to expect next. How Coronavirus Has Impacted the Economy Covid-19 has done...
Shopify (SHOP), the all-in-one platform to start, run, and grow a business, has proven to be a force in the e-commerce industry. Headquartered in Ottawa, Canada, Shopify powers over 1 million businesses in more than 175 countries and is trusted by brands such as...
It could have been a lot worse. That's the verdict after some of the most important technology companies reported earnings. Facebook (FB) and Alphabet (GOOG) rallied more than 5 percent after first-quarter revenue beat estimates. It was a huge relief for investors...
The coronavirus shutdown continues to weigh on quarterly results. However, a few stocks are immune or benefiting from the pandemic. Companies like Coca-Cola (KO) and Hershey (HSY) have lost sales because of the disease. Target (TGT) enjoyed a surge of online orders,...
Earnings season began on a weak note as major banks set aside billions for credit defaults after coronavirus shut down the U.S. economy. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) took more than $19 billion of combined loan-loss...