Amazon's (NASDAQ: AMZN) stock has had a rough second quarter. Furthermore, should Amazon's shareholders vote in favor of the impending stock split at the shareholder's meeting on May 25, Amazon's stock will split 20 for one. While primarily a cosmetic move, it could open the door to Amazon's inclusion in the Dow Jones Industrial index and open the door to stock ownership for those without access to fractional shares.
The Trade Desk (NASDAQ: TTD) has pulled back nearly 53% from its all-time high. This sell-off in the stock, however, creates a great long-term opportunity for investors who are optimistic about the digital advertising space. The Trade Desk continues to make progress expanding into its addressable market.
(Bloomberg) -- Adobe Inc. Chief Executive Officer Shantanu Narayen touted the software company’s nearly $5 billion in cash on its balance sheet and said it is always in the market for acquisitions.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackWhy So Few Big Rats Have Fled Putin’s ShipStocks Climb in Volatile Session After Fed Minutes: Markets WrapThese Are the Best — and Worst — Cities for Work-Li