TOPLINE The market ended lower on Friday as high-tech stocks lagged, and stocks were hit as well after China retaliated for the closure of its consulate in Houston earlier this week by ordering States United that you close your consulate in Chengdu. Relations between the United States and China hit …
Read More »Shares of Amazon.com Inc. outperform the competition despite the day’s losses
Shares of Amazon.com Inc. AMZN, -3.65% fell 3.66% to $ 2,986.55 on Thursday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling 1.23% to 3,235.66 and Dow Jones Industrial Average DJIA, -1.30% falling 1.31% to 26,652.33. This …
Read More »Movie theaters won’t open soon. Studios need to change their playbooks.
Text size Melinda Sue Gordon / Warner Brothers The release of another highly successful film has been delayed. However, studios have another option for movie release, even if they seem reluctant to use it. Warner Bros., the Hollywood studio owned by AT&T (ticker: T), delayed the release date of Beginning, …
Read More »Only a few stocks are fueling the rise in the market. Watch out.
As the S&P 500 falls into positive territory again throughout the year, investors need to be mindful of the fact that a handful of stocks appear to be doing much of the heavy lifting. The benchmark market index rose 1.3% in 2020 through Monday’s close, but much of that profit …
Read More »Amazon stocks soar to break 5-day loss streak, adds around $ 91 billion to its market capitalization
Shares of Amazon.com Inc. AMZN, + 7.93% rose 6.2% in afternoon trade, to add $ 91.3 billion to the cloud and e-commerce giant’s market capitalization, after MKM Partners analyst Rohit Kulkarni raised his price target by a 33% citing the company as a dual beneficiary of the COVID-19 pandemic. Amazon’s …
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