Grocery stocks have been hammered this week after Amazon.com, Inc. AMZN 0.12% announced a $13.7 billion buyout of Whole Foods Market, Inc. WFM 0.33%. Investors fear Amazon will have the same disruptive impact on grocers it has had on the shopping mall. However, the major sell-off in Costco Wholesale Corporation COST 0.39% in the wake of the Amazon deal may have created a buying opportunity, according to…
Even the most casual internet user has enjoyed the fun and humor of one of the most beloved file extensions in history: the GIF. The graphical interchange format was introduced by Compuserve on June 15, 1987, 30 years ago this month. To celebrate the birthday of the GIF, Benzinga took a look back at the…
Semiconductor stocks have been some of the most volatile stocks in the market in the past few years.
In the past couple of trading sessions, Snap Inc SNAP 2.68% has faced a major test of a critical technical support level and has held its ground. Last Thursday and Friday and again Monday, Snap shares dipped as low as $17.00, but each day the stock closed at or above the key $17.00 level.
While risks to the stock still remain, UBS has upgraded Biogen Inc BIIB 0.88% from Sell to Neutral and has raised its price target for the stock from $262 to $270. At this point, the risks are fully priced into the stock, analyst Carter Gould wrote on Monday.
WideOpenWest Inc WOW 1.18% shares are down 1.6 percent on Monday after a tidal wave of Wall Street analysts commented on the stock on Monday. WideOpenWest’s May 25 IPO has mostly been a disappointment for investors. The stock debuted roughly $1 below its $17 price, an in its first 25 days of trading has barely reached the $17 level.
The summer days are heating up, but oil and natural gas investors have been left out in the cold so far in 2017. With persistent supply gluts weighing on prices, traders are trying to figure out whether oil or gas (or neither) makes for the better trade during the summer months.
Earlier this month, 97 percent of Puerto Ricans who participated in a non-binding referendum voted in favor of Puerto Rico becoming the 51st U.S. state.
Americans have plenty of political action taking place at home these days, with President Donald Trump and Congress pushing for health care reform, tax reform, housing finance reform, corporate deregulation and other initiatives.
Investors got yet another surprise election headline out of the U.K. on Thursday after no party achieved a majority in Parliament. The vote may have major implications on the approach the U.K. takes to its exit from the European Union, a key area of uncertainty for investors who own stocks with exposure to the U.K.