Call toll-free 800.328.1267
If you want to know the week that e-commerce officially took over the world, this might have been it. Companies including Minneapolis-based Target (TGT), Beijing-based JD.com (JD) and Singapore-based Sea (SE) rode strong digital trends to new record highs. Meanwhile,...
Barely two years ago, sports betting was legalized in the United States. Now investors are getting excited about sports-betting stocks with football season less than a month away. Roundhill Sports Betting ETF (BETZ) hit a record price yesterday and has made new...
The last week of earnings featured mixed results from technology companies and optimism from two prominent travel companies. Cruise-ship operator Royal Caribbean (RCL) and hotel giant Marriott (MAR) predicted demand will continue to recover as the U.S. economy reopens...
Is the coronavirus pandemic ending? Investors increasingly seem to think so. In the last week, money has pivoted sharply toward airlines, banks, cruise ships, retailers and energy. Those are the same groups that rallied on the previous reopening surge in late May. One...
Some casino stocks are moving as investors focus on sports betting and the economy reopening. However certain key names are lagging. Penn National Gaming (PENN) led the rally with a 13 percent gain. It jumped into sports betting by moving to acquire David Portnoy's...
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...
Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...
Stocks just had their biggest rally in 45 years on hopes the coronavirus crisis is ending. Now comes the hard part. The S&P 500 rose 12.1 percent in the holiday-shortened week between Friday, April 3, and Thursday, April 9. It was the biggest weekly gain since...
Amazon.com is trying to regain an elite status it lost because of coronavirus: a trillion-dollar market capitalization. The e-commerce giant briefly reached that valuation in January after a strong earnings report. It proceeded to drop as much as 26 percent as...