Numerous Wall Street analysts have been wondering how long it might take for Apple (NASDAQ: AAPL) to reach a $2 trillion market cap. Recently, Evercore analyst Amit Daryanani suggested it might take another four years. The stock has roared back from March lows when the market so
iQiyi (NASDAQ: IQ) and Spotify (NYSE: SPOT) are two of the biggest streaming media companies in the world. iQiyi, which was spun off from Chinese search giant Baidu in an IPO in 2018, is one of China's top video streaming services. Spotify, which went public via a direct listing
As the overall market rebounds, shares of Apple (NASDAQ: AAPL) have not only bounced back but have also roared to a new all-time high above $350. Investors have cheered the company's ongoing transformation to a business model that is less dependent on product sales and more so o
Asian shares eased on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to safeguard recovery.
Asian stocks were set to fall on Thursday after gloomy economic projections from the U.S. Federal Reserve sent the greenback and most Wall Street shares lower.
A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would provide more than $22.8 billion in aid for semiconductor manufacturers, aiming to spur the construction of chip factories in America amid a simmering strategic technology rivalry with China.
The Dow and S&P 500 ended a choppy session lower on Wednesday after the Federal Reserve reassured investors of its support for the economy but projected a 6.5% decline in gross domestic product this year.
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Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Amazon.com Inc (Symbol: AMZN), where a total of 188,634 contracts have traded so far, representing approximately 18.9 million underlying shares. That amounts to about 5
The S&P 500 and Dow slipped on Wednesday, as losses in financial stocks countered a boost from the technology sector, with focus now shifting to the Federal Reserve's first projections on the economy since the coronavirus outbreak.
Enthusiasm seems to have waned following a powerful rally that erased much of the pandemic-driven losses for major stock indices. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 0.6% at 12 p.m. EDT Wednesday, undoing some recent gains.