Blog
Stock Market News: Amazon Adds Coronavirus Pay; Travel Ban Hits Delta
The stock market continued its consistent decline on Thursday morning, with market participants seemingly dissatisfied with the measures taken thus far by federal government officials to fight the
Why BioMarin Pharmaceutical Inc. Stock Is Fading Today
Rare-disease company BioMarin Pharmaceutical (NASDAQ: BMRN) saw its shares plunge by 11.5% right out of the gate Thursday morning. The drugmaker's shares were being pulled down by the markewide
Here's Why Aerospace Stocks Are Under Threat in 2020
Unless you've been living in hiding for the last month, you already know that the COVID-19 coronavirus outbreak is a genuine threat to the global economy and corporate earnings -- notably in the
Twitter Tells All Workers to Stay Home Amid the Coronavirus Outbreak
Twitter (NYSE: TWTR) is stepping up its response to the global COVID-19 coronavirus pandemic by ordering all its employees to work from home.
The microblogging service employs 4,900 people around
Warren Buffett's 4 Rules for Investing in a Bear Market
After 11 years, the bears are finally coming out of hibernation.
The Dow Jones Industrial Average lost 8% on Thursday morning, officially entering a bear market, which is defined as a decline of 20%
Why Ambarella Stock Remains Overpriced Following Its Fourth Quarter Earnings Report
The last year was a pivotal one for video chipmaker Ambarella (NASDAQ: AMBA). After bankrolling some serious coin for a few years from the action camera market, the small hardware maker has been
Why You Should Buy Disney if More Parks Close
Disney (NYSE: DIS), like many other businesses, is facing the many challenges that arose with the outbreak of the novel COVID-19 coronavirus. It has already shut down operations at three of its
Why the Market Slammed LGI Homes for Stellar Q4 Earnings
Sometimes a stock tanks because it missed analysts' earnings expectations. Other times, it's because it missed revenue forecasts. Or sometimes the company's numbers are fine, but its guidance is
Why Shares of Starbucks are Down Today
Shares of Starbucks (NASDAQ: SBUX) opened sharply lower on Thursday, as growing concerns about the effects of the novel coronavirus pandemic on businesses and the economy drove a broad-based market
Better Buy: Realty Income vs. Store Capital
Real estate investment trusts are a staple in income investors' portfolios because they're required to distribute at least 90% of their income as dividends, producing yields well in excess of the
Here's What Happens When You Panic and Sell Your 401(k) Investments
Philosopher Daniel Dennett said, "As every scuba diver knows, panic is your worst enemy: When it hits, your mind starts to thrash and you are likely to do something really stupid and
Why Shares of Ulta Beauty Are Down Today
Shares of Ulta Beauty (NASDAQ: ULTA) were down sharply on Thursday morning, as concerns about the COVID-19 pandemic's effect on businesses drove a broad-based market sell-off.
As of 10:30 a.m. EDT
Carl Icahn Boosts His Occidental Petroleum Stake Up to 10%
Carl Icahn has increased his stake in oil giant Occidental Petroleum (NYSE: OXY) from 2.5% to 10%, according to a report by the Wall Street Journal. The activist investor made the move as the oil
Nike's Converse Brand Introduces a Genderless Clothing Line
Converse, which is owned by Nike (NYSE: NKE), is rolling out a reimagined line of sports apparel called SHAPES. The collection is meant to be worn by any gender and fit multiple body types.
The
Amazon Creates Relief Fund for Workers Impacted by Coronavirus
Companies around the world have struggled to decide how to protect the health and well-being of workers who can't easily do their jobs from home. Amazon (NASDAQ: AMZN) just became the latest large
Why Shares of Nordstrom Are Down Again Today
Shares of upscale retailer Nordstrom (NYSE: JWN) were down sharply on Thursday morning, as growing concerns about the effects of the novel coronavirus pandemic on businesses drove a broad-based
25 Brands Line Up for Debut of Mobile-Only Streamer Quibi
The new short-form video-streaming platform Quibi has yet to debut, but it has already sold out its entire card of advertising slots for the first year. Some 25 brands from 10 different companies
SpaceX Seeks $16 Billion in Government Subsidies for Satellite Internet Project
SpaceX wants to sell you satellite broadband internet -- and have the U.S. government pay for it.
At least ... pay for a part of it -- the start-up part. According to Elon Musk, it's going to cost
Why Shares of XPO Logistics Are Falling Today
Shares of XPO Logistics (NYSE: XPO) fell more than 20% at the open on Thursday and were trading down more than 12% midmorning as fear grows that the COVID-19 coronavirus pandemic will significantly
CDC Releases List of Conditions That Increase the Risk of Severe Coronavirus Illness
The situation surrounding COVID-19 is only getting worse. Over the past 24 hours, the World Health Organization (WHO) officially declared COVID-19 a pandemic, and U.S. President Donald Trump opted
As the Market Hammers Consumer Stocks, Here's Where to Invest $1,000
Market corrections usually don't occur just because valuations get stretched. There is normally a catalyst, and that catalyst almost always comes with uncertainty.
The novel coronavirus pandemic
Why Shares of Stitch Fix Are Down Sharply Again Today
Shares of Stitch Fix (NASDAQ: SFIX) opened down sharply for the third day in row on Thursday, as fears of economic disruption due to the COVID-19 pandemic drove a broad-based sell-off.
As of 10:15
Starbucks Considering Mobile or Drive-Through Only, Store Closures
Starbucks (NASDAQ: SBUX) CEO Kevin Johnson told customers in a letter that the company is prepared to make serious modifications to stores as the COVID-19 coronavirus continues to spread into the
How Netflix's Competitors Can Get Off to a Strong Start
Consumers have more choices than ever when it comes to subscription video on demand, and they're about to get even more. Disney (NYSE: DIS) and Apple (NASDAQ: AAPL) introduced new streaming services
Activision Blizzard Taps Google Exec as New President and COO
Activision Blizzard (NASDAQ: ATVI) announced on Wednesday the appointment of Google executive Daniel Alegre as its new President and Chief Operating Officer, effective April 7. This news came about


