Amazon Prime Day is scheduled to kick off on July 12 and will run through July 13. You may be tempted to dip into your savings and score some Prime Day deals. Here are some of the sites you may want to visit while you're busy trying to snag Prime Day bargains...
Continue ReadingDoorDash lost its luster for two simple reasons. DoorDash remains unprofitable on a GAAP (generally accepted accounting principles) basis, and it was trading at 17 times its 2021 sales at its peak valuation last November. It also remains the top food delivery platform in the U.S. with a 59% market share in June, according to Bloomberg Second Measure...
Continue ReadingAmazon's (NASDAQ: AMZN) recent stock split put the retail giant in the spotlight. After years of trading higher than $1,000 a share, the stock was about to settle at a price of $124. Stock splits don't change the overall market value of a company...
Continue ReadingAt one point, Sofi Technologies (NASDAQ: SOFI) was little more than just another run-of-the-mill fintech, or digital-only bank similar to privately held Chime or Current. Here's the one big reason Sofi should be on your investing radar. First, SoFi can now build new, innovative payment features for its banking platform at a faster pace and lower price than if SoFi were simply a client of an independent Galileo...
Continue ReadingCloud czars that were criticized for not paying dividends, like AMZN stock, are able to keep growing during a downturn...
Continue ReadingShares of Amazon (NASDAQ: AMZN) rose 1.8% on Thursday, as excitement for the e-commerce juggernaut's Prime offerings grew among shoppers and investors alike. Never one to rest on its laurels, Amazon constantly tries to make Prime even more alluring to consumers. Investors were thrilled to see that the deal also gave Amazon warrants to purchase a 2% stake in Grubhub...
Continue ReadingAmazon finished up several development projects in Seattle over the past few years, but employees haven't returned to fill them...
Continue Reading(Bloomberg) -- GameStop Corp. fired Chief Financial Officer Mike Recupero, sending the shares tumbling 9% in extended trading amid reports of company-wide job cuts.Most Read from BloombergUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008Tycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireMusk Tweets About Underpopulation After Report He Fathered Twins With EmployeeBoris Johnson Odds: Who Are the Front-Runners to Replace PM?China Considers $220 Billion Stimulus With Unprece...
Continue ReadingWhat Fed Chairman Jerome Powell had to say. The types of companies you want to own in an inflationary environment. Motley Fool producer Ricky Mulvey and Motley Fool analyst Ron Gross discuss the ins and outs of investing in a bear market and what types of companies you should be keeping an eye on...
Continue Reading(Bloomberg) -- A rally in risk assets this week is sending traders to some of the most speculative corners of the technology sector, where gains in beleaguered stocks are more than double those of Nasdaq 100’s advance.Most Read from BloombergUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008Tycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireNetflix to Stream Johnny Depp’s Return to Film in FranceMusk Tweets About Underpopulation After Report He Fathered Twins With Employee...
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