With its $3.9 billion (including debt) all-cash takeover of 1Life Healthcare, known to consumers as One Medical, Amazon is making its biggest move into the healthcare industry to date. In an announcement on Thursday, Amazon said it would pay $18 a share for the health tech company, a premium of 77% over its closing price
Despite a rising market, Shopify investors won this week. Data from S&P Global Market Intelligence shows that the e-commerce stock jumped 29% through Thursday’s trading, compared to a 3.5% rise in the S&P 500. Stock prices remain down by about 70% so far in 2022, despite the rally erasing a small proportion of shareholders’ losses.
As investors turn their attention to Coca-Cola in late July, a few questions need to be answered. Due to perceptions that its business will remain relatively stable during any economic downturn, the beverage titan’s stock has outperformed the market in 2022. In addition to dividends and stock buybacks, investors are optimistic about the prospects for
Given the Q2 results from the largest U.S. banks, it’s tough to argue that Goldman Sachs isn’t a winner this earnings season. In addition to beating both top and bottom line expectations, the stock trades at an attractive valuation, and the financial institution is growing in certain ways worth monitoring in the long run. For
Netflix investors have had a tough year this year. During the first quarter, the stock lost a third of its value after announcing its first subscriber loss in over a decade. It was predicted by Netflix management that the company would lose an additional 2 million paid subscribers in the future. Since Netflix’s stock reached
Clouds of volcanic ash hung over towns after Mount Marapi erupted in West Sumatra Province on Sunday. Thick layers of ash also covered cars and vegetation.
Dozens of climbers were on Mount Marapi in Sumatra when it began spewing ash, the authorities said. Twelve were still missing.
The national bird, the kiwi, has hatched eggs in the wild in the Wellington area for the first time in living memory, thanks to a multiyear conservation effort.
An important bloc for the governing party, the island’s youth are focusing on bread-and-butter issues and have helped propel the rise of an insurgent party.
An evacuation order in southern Gaza.