AT&T (NYSE: T) will launch HBO Max on May 27, and CEO John Stankey says it'll be available on virtually all app stores, except for maybe one. "It looks like we may not be in the Amazon (NASDAQ: AMZN) Fire app store when all of this is said and done," he said at a recent inve
U.S. stock indexes were set to open sharply higher on Monday on optimism fueled by encouraging data from a potential COVID-19 vaccine trial, with investors also counting on more stimulus to rescue the economy from a deep economic slump.
Federal Reserve Chair Jerome Powell gave an interview on 60 Minutes last night during which he said, “We’ve done what we can as we go. But I will say that we’re not out of ammunition by a long shot."
Dividend investing is a good way to beat the market through the power of compounding. And dividend-paying stocks tend to outperform during recessions due to their resilient, cash-generating business models. That's great news for investors looking to scoop up stocks during the pa
U.S. stock index futures surged on Monday with gains spread across stocks ranging from autos to oil as many of the hard-hit countries eased restrictions on business and social activities, boosting hopes of a global economic recovery.
The world's largest contract chipmaker, Taiwan Semiconductor (NYSE: TSM), announced last week that is expanding its manufacturing footprint within the U.S., in line with rumors that surfaced in recent days. The new facility will be built in Arizona, and TSMC says it received
The COVID-19 crisis has transformed the way many of us live. And while it may be a privilege to remain safely at home, life in isolation can be pretty boring. That has huge numbers of people in the United States and beyond turning to streaming video for entertainment. In fact, T
Looking for a great list of potential stocks to buy from one of the greatest investors of all time? All you have to do is check out the stocks owned by Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Warren Buffett either personally picked or approved the purchases of every stoc
Before the pandemic, Apple (NASDAQ: AAPL) was flying high. In its second quarter, which closed March 28, the company saw its revenue climb by 1% year over year to $58.3 billion, while earnings per share rose by 4% to $2.55.
J.C. Penney Co Inc filed for bankruptcy protection on Friday with plans to permanently close some stores and also explore a possible sale, making it the latest brick-and-mortar retailer to crumble as prolonged store closures in response to the COVID-19 pandemic drive a final stake through long-troubled businesses.
Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold much of its stake in Goldman Sachs Group Inc, despite the billionaire's assurance that the banking sector was not a "primary worry" for him during the coronavirus pandemic.
Prominent U.S. fund managers piled into big-name technology stocks and bottom-fished in the beaten-down energy sector as markets reeled from the coronavirus-fueled selloff in the first quarter, regulatory filings released on Friday showed.
A group of state attorneys general led by Texas are likely to -file an antitrust lawsuit against Alphabet Inc's Google and are working on potential litigation for later this year, a person familiar with the situation said on Friday.
Big technology companies that are reaping gains as result of increased reliance on online systems during coronavirus quarantines and lockdowns should work to increase access to the digital economy for all, the head of the IMF said on Friday.
NEW YORK (Reuters Breakingviews) - The U.S.-China trade war is escalating, not just in rhetoric about the coronavirus but also in the world of high technology. Further restrictions on China’s Huawei Technologies by the administration of President Donald Trump heighten
Netflix's (NASDAQ: NFLX) European customers are beginning to enjoy speedier downloads again, as the streaming content provider is bringing the quality back to normal speeds.
The S&P 500 and the Dow Jones indexes fell on Friday, but were well off their session lows, amid signs of deteriorating Sino-U.S. trade relations and growing evidence of the economic slump due to the coronavirus pandemic.
The stock market was volatile on Friday following a rough retail sales report and an escalation in trade tensions between the U.S. and China. Sales at U.S. retailers and restaurants slumped 16.4% in April compared to March. The decline was far worse for some categories, with a 7
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