Why Amazon and Alphabet may need to split their high-priced stocks

Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet neither of the companies are in the prestigious Dow Jones Industrial Average — and for a good reason.

News: What you need to know about the markets     Why Amazon and Alphabet may need to split their high-priced stocks Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet neither of the companies are in the prestigious Dow Jones Industrial Average — and for a good reason. Read more »   Goldman Sachs wants its US workers back in the office next month It looks like most Goldman Sachs workers will be back in Lower Manhattan by mid-June, marking another milestone in the reopening of New York City and the broader economy from the Covid-19 pandemic. Read more »   Ethereum is leaving bitcoin in the crypto dust Hunter S. Thompson once wrote, "There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge." He was referring to the intoxicating drug, not the cryptocurrency. But ethereum investors may have reasons for fear and loathing, too. Read more »   Ethereum's 27-year-old creator became a billionaire Vitalik Buterin, a 27-year-old Russian-Canadian programmer, created ethereum in 2013 when he was 19. The cryptocurrency launched in 2015, and now Buterin holds about 333,500 ether in his public wallet. Multiply that by the $3,500 record high ether stood at on Tuesday, and you get more than $1.1 billion. Not bad. Read more »   Want to invest in crypto? Here's what you need to know Cryptocurrency is having a moment. Read more »   American factories are desperate for workers. It's a $1 trillion problem Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work. Read more »

Dow Nasdaq S&P +19.80   -261.61   -28.00 34,133.03   13,633.50   4,164.66 +0.06%   -1.88%   -0.67% YTD +11.52%   YTD +5.78%   YTD +10.88%

Biggest Winners Gartner Inc +14.22%   Sealed Air Corp +9.51%   Leggett & Platt Inc +5.89%   Franklin Resources Inc +5.88% Biggest Losers Catalent Inc -7.41%   Paycom Software Inc -6.49%   Carnival Corp -4.48%   Royal Caribbean Cruises Ltd -4.46%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $66.11 +0.42 / +0.64% Gold $1,779.40 +3.40 / +0.19% 10-yr 1.59% -0.02 Euro $1.20 -0.00 / -0.37%

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