A federal official from the National Labor Relations Board is recommending holding a new vote and nullifying the results from a closely watched contest in which Amazon.com Inc. warehouse workers in Alabama cast ballots overwhelmingly against unionizing, according to the union in the case. An Amazon AMZN, +0.12% spokeswoman said employees “had a chance to be heard during a
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The company that catapulted the e-commerce revolution, Amazon (NASDAQ:AMZN) hardly needs any help doing what it does best: dominating whatever market it decides to disrupt next. Yet the novel coronavirus pandemic proved that at least from a shareholder’s perspective, AMZN stock is not above receiving assistance from fortuitously aligned events. Source: Julie Clopper / Shutterstock.com
Oil futures kicked off August on a softer note after weak data on activity in China and as traders assessed a reading on output by the Organization of the Petroleum Exporting Countries, or OPEC. West Texas Intermediate crude for September delivery CL00, -1.42% CLU21, -1.42% fell $1, or 1.4%, to $72.85 a barrel on the
Once considered a laggard company in the world of technology, Oracle (NYSE:ORCL) stock has made a comeback as one of the best-performing tech names of 2021. Source: Jonathan Weiss / Shutterstock.com It was the original champion of database technology. Now Oracle is becoming an emerging force in both backend infrastructure technologies and software-as-a-service (SaaS). In other
SYDNEY— Square Inc. has agreed to an all-stock deal worth around $29 billion to acquire Australia’s Afterpay Ltd. , an installment-payment company that positions its service as a cheaper and more responsible alternative to a credit card. Square SQ, -3.14% said it plans to integrate Afterpay APT, -5.28% into its Seller and Cash App business units, which would allow more retailers
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) just reported stellar second-quarter results, in terms of both revenue and earnings. But even more importantly, its free cash flow (FCF) grew substantially, both in absolute numbers and FCF margins. As a result, I believe that GOOG stock is now worth at least 30% more or $3,554 per share. This article will
U.S. home prices have been rising at a record annual pace in recent months, fueled in part by historically cheap credit, the absence of properties for sale, and the scramble by households for more space as families have fled to the suburbs during the pandemic. Can the good times last when the Federal Reserve finally
As SoFi Technologies (NASDAQ:SOFI) stock falls back to around $15 per share, is now the time to buy? Not really. Over a long enough timeframe, entering a position in the fintech company’s shares right now could end up being a highly profitable move. Source: rafapress / Shutterstock.com Assuming of course, that it becomes the next
Dear Quentin, My husband and I have three adult children whom we love very much, and wish for them to have healthy, productive, ethical and loving lives. Like many siblings, even though they were raised in the same household, they have their own individual lives with disparate beliefs and views. We don’t always agree with
Short squeezes have been all the rage on Wall Street in 2021. But even with its massive short interest, traders shouldn’t expect a short squeeze from Tesla (NASDAQ:TSLA) stock anytime soon. Source: Grisha Bruev / Shutterstock.com GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) are just two examples of stocks that skyrocketed this year thanks to short
The former “Today Show” co-host Matt Lauer is once again trying to change the channel on his Hamptons home. His compound in Sag Harbor, NY, has returned to market with a price of $43,995,000. The property had been listed in June 2019 for $44.8 million, following the former anchor’s divorce from Annette Roque. But that
Skillz (NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again. Source: Rawpixel.com/Shutterstock.com The latest round of “meme stock madness” has dissipated, and Reddit traders
Alibaba Group Holding Ltd. will be looking to focus attention back onto its business Tuesday following a rough stretch for the broader Chinese internet sector. Chinese technology stocks have taken a hit in recent weeks amid concerns about a government crackdown on powerful technology companies. China has clamped down on ride-hailing giant Didi Global Inc.
The benefits of merging BB&T and SunTrust to create Truist Financial (NYSE:TFC) are still trickling in more 18 months on, but TFC stock has had a pretty good year. Source: PopTika/ShutterStock.com Branches are being closed where the two banking systems overlap. Computer systems are still being combined (as I know, being a SunTrust customer). A “robo-advisor”
Gold futures looked set to take a breather on Friday, capping a strong week and month for bullion that has seen the commodity on the verge of closing out July at around a six-week high. December gold GCZ21, -0.23% GC00, -0.18%, the most-active contract, was down $3.90, or 0.2%, at $1,831.90 an ounce, following a
It’s finally happening. Shareholders approved the long-awaited merger between Churchill Capital and Lucid (NASDAQ:LCID) on Friday. This was the last roadblock to making the deal a reality. As such, as of Monday, CCIV stock has converted into LCID stock. The company is known as Lucid Group and trades on the Nasdaq. Source: T. Schneider / Shutterstock.com The
I once spent a few minutes on the phone with Ron Popeil, the legendary pitchman who died on Wednesday in Los Angeles at the age of 86 . Naturally, he tried to sell me a gizmo to cook my Thanksgiving turkey. To be fair, that was the point of the call. I was interviewing Popeil,
Buying Opendoor Technologies (NASDAQ:OPEN) would be a no-brainer if it were just a technology platform. OPEN stock sits 45.6% below its Feb. 26 high. Source: PREMIO STOCK/Shutterstock.com But the digital real estate transaction system decided to get high on its own supply. It began buying homes itself, riding the crest of the industry wave. With
Teenagers and college students seem to get the short end of the stick in many ways. But the job market this year — with so many employers having trouble getting workers — spells good news for young workers. Savvy parents and grandparents can leverage this situation — more jobs available, higher starting wages and even
Tesla (NASDAQ:TSLA) has been stuck in a relatively tight trading range in recent months, mostly hovering around the high $500’s or mid $600’s range. Let’s review why TSLA stock may be one of the worse investments in the world at this time – and not regain its recent highs for quite some time. Source: Sheila