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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...
For weeks, the market has worried coronavirus would hammer the economy. Tomorrow may bring the first real confirmation of that fear. The U.S. Labor Department is scheduled to report weekly jobless claims at 8:30 a.m. ET on Thursday. Of all the regular data points,...
Tesla has had an enormous price surge in 2020. The stock almost doubled since the beginning of the year and hit a record high of $968.99 in early February. But that move is tiny compared with TSLA's gain since its initial public offering (IPO) a decade ago. Did you...
Technology stocks continue to shine as earnings season winds down. Companies including JD.com (JD), Zoom Video Communications (ZM) and Marvell Technology (MRVL) rallied on better-than-expected results in the last week. Meanwhile, prominent retailers like Target (TGT)...
Coronavirus is completely dominating the market as earnings season winds down. But investors shouldn't forget the stocks that rallied on good news. In particular, newer technology companies are flourishing. Several are smaller companies, while others are mid-sized...
Coronavirus may be hurting Asia, but the latest numbers show economic growth is only improving in the U.S. Manufacturing data from the New York and Philadelphia branches of the Federal Reserve rose more than expected. They cited strong orders and demand. It was the...