Cloud computing companies have proven to be major beneficiaries of the coronavirus pandemic as their stocks continue to surge amid the coronavirus pandemic.Last week, the BVP Nasdaq Emerging Cloud In...
The Dailymail in the UK reported that the troubled company is getting close to a buyout offer from Amazon. · Amazon is circling AMC Theatres, the troubled owner of Odeon Cinemas· The ...
Twitter (TWTR) announced on Wednesday that it would allow its employees to work from home “forever.” This new development came after the company used the coronavirus lockdown period to restructure...
Revenue: $955.7 millionLoss per share: $1.31Active riders: 21.2 millionRevenue per active rider: $45.06While other cab-hailing service providers are reporting low sales in the last quarter, Lyft has r...
On Monday, the J.Crew Group joined the bandwagon of companies that have recently filed for bankruptcy due to the coronavirus pandemic. The company has since become the first national US retailer to fi...
Carnival Cruise Lines (CCL) makes plans to resume some of its cruise from August 1 even with the ban placed on it from embarking on such cruise due to coronavirus concerns. In response to the public c...
Amazon reported a big jump in net sales, the company reported $75.5 billion in net sales which means, it was up by 26% compared to last year but they only made a net income of $2.5 billion, that is $5...
Jefferies analyst Brent Thill thinks Amazon stock will reach a new high and stay there for along time. It's very evident how important Amazon's market place is to the world when the Coronavirus pandem...
FAANG is an acronym formed by Jim Cramer, TV host of CNBC owned Mad Money. Cramer first formed the acronym in 2013 as FANG until it was later modified to FAANG. The acronym is a combination of the sto...
For more than a year now, the profit of blue-chip stock supersedes that of the broader market, however with the continued rise of COVID-19, blue chips stocks have suffered a downturn. After the offici...