Blog

China's technology heavyweight Alibaba (NYSE: BABA) announced that it will invest 200 billion yuan ($28 billion) on cloud infrastructure over the next three years, Bloomberg reports.

Alibaba is a

Entertainment giant Walt Disney (NYSE: DIS) is now suspending salary payments to over 100,000 employees, mostly cast members in its theme parks. The company employs 70,000 people in its Orlando

Shares of Tronox (NYSE: TROX) soared on Friday after the company released strong preliminary first-quarter results, but the mining company is giving up some of those gains on Monday as investors

PepsiCo (NASDAQ: PEP) is set to add a deep portfolio of energy drinks to its beverage lineup. Regulators have approved its deal to buy Rockstar, according to The New York Post, after concluding that

Shares of Exelixis (NASDAQ: EXEL) were skyrocketing 25.5% as of 11:12 a.m. EDT on Monday. The big jump came after Exelixis and Bristol Myers Squibb (NYSE: BMY) announced positive top-line results

Composite "wood" manufacturer Trex (NYSE: TREX) put up Q4 2019 financial results that were really fantastic, with sales leaping 18% and profits soaring 41% year over year. Of course, all of Trex

Shares of industrial giant General Electric (NYSE: GE) dropped more than 5% in early trading Monday before rebounding to about a 3.3% loss as of 10:45 a.m. EDT.

The initial drop and continuing laggy

Luckin Coffee (NASDAQ: LK), which recently surpassed Starbucks as China's top coffee chain (by total number of stores), recently stunned investors after it admitted to fabricating sales figures last

The stock market lost ground on Monday morning, but the energy market felt the biggest damage. Crude oil prices in the U.S. dropped below $11 per barrel, hitting their lowest level since the 1980s

This year was supposed to be Diamondback Energy's (NASDAQ: FANG) year to shine. The energy company spent years building out a large-scale operation in the Permian Basin through acquisitions and

A COVID-19 outbreak at a wind turbine blade facility operated by a unit of General Electric (NYSE: GE) is responsible for an additional 110 cases reported in the state of North Dakota, according

As part of the effort to develop treatments for people with severe cases of COVID-19, Microsoft (NASDAQ: MSFT) and the Bill and Melinda Gates Foundation are teaming up with the CoVIg-19 Plasma

Instagram introduced IGTV in the middle of 2018, and so far it's had a bit of trouble gaining an audience. But the company is pulling out all the stops amid the coronavirus pandemic as

Investors in gold are among the few who possibly aren't feeling the pinch of the coronavirus market sell-off. Gold prices have surged in recent weeks, proving yet again that the yellow metal remains

Wayfair (NYSE: W) announced on Monday that its acting chief technology officer is stepping into the role on a permanent basis. Jim Miller is officially the CTO after serving as interim leader since

Since January, Amazon.com's (NASDAQ: AMZN) Twitch has seen average concurrent viewers nearly double from about 1.3 million in January to 2.5 million in April, according to TwitchTracker. 

Twitch

Six of the largest banks in the U.S. have now reported major profit declines in the first quarter of 2020, ranging from 30% to 90% on a year-over-year basis. The news did not exactly come as a

JPMorgan Chase (NYSE: JPM) claims to have originated more emergency small-business loans than any other bank, but it still has approved less than half of the total funding that small businesses have

Continue reading

Source Fool.com

Shares of Kinder Morgan (NYSE: KMI) have been battered and bruised this year. Overall, its stock is down about 30%, though it fell more than 50% from the high at one point. The main factor weighing

The strain that the SARS-CoV-2 coronavirus outbreak is putting on the healthcare system is having a strongly negative impact on people who suffer from chronic diseases. That's the stark finding of a

You don't need a lot of money to get started in the market. That $1,200 stimulus check coming your way is obviously better off going to essential bills you need to pay, but let's hypothetically say

"Thanks" to the SARS-CoV-2 coronavirus, all of us are living in a world that's suddenly gone topsy-turvy. For marijuana investors, last week saw a set of developments that at times seemed

In the midst of the coronavirus pandemic, these are uncertain times for everyone. Nearly 17 million Americans have filed for unemployment benefits in the span of just three weeks, which is one of

As part of a global restructuring effort, GoPro (NASDAQ: GPRO) last week stated it would lay off over 20% of its workforce to help it cut its operating expenses by $100 million this year and $250