The Metaverse is a shared virtual 3D world, or worlds, that are interactive and collaborative. It is facilitated by the use of virtual and augmented reality. The concept became extremely popular in 2021 particularly since Facebook rebranded itself as Meta Platforms (FB).
Futures tracking the Nasdaq 100 index slipped on Friday after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower, with Wall Street's main indexes headed for another week of losses.
Taiwan-based Foxconn said it has partnered with Indonesia's Investment Ministry and several companies to support the development of electric cars in the Southeast Asian country, adding to a string of such deals by the iPhone assembler.
One exciting aspect of the stock market is that prices fluctuate. There are times when an investor's favorite stocks can appear extremely cheap and other times when they feel expensive.
For Immediate ReleaseChicago, IL – January 21, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
In recent years, Disney (NYSE: DIS) animation has been enjoying something of a renaissance. Over the past several years, the House of Mouse has released a number of critically acclaimed and fan-favorite animated hits, including Frozen, Zootopia, Moana, and Raya and the Last Drago
Wall Street delivered another winning year in 2021. The benchmark S&P 500 rocketed higher by 27%, which is more than double its average annual total return of 11% (including dividends) dating back to 1980.
The market expects Apple (AAPL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2021. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful fa
Google is filing an appeal at the European Union's top court against an earlier decision to uphold a $2.8 billion antitrust fine, a spokesperson for the Alphabet unit said late on Thursday, the company's second bid to overturn the penalty.
The U.S. Senate Judiciary Committee on Thursday approved a bill that would bar tech giants like Amazon.com Inc and Alphabet Inc's Google from giving preference to their own businesses on their websites.
United Microelectronics UMC is slated to report fourth-quarter 2021 results on Jan 25, 2022.The Zacks Consensus Estimate for fourth-quarter earnings currently stands at 22 cents per share, unchanged over the past 30 days, but suggests an improvement of 37.5% from the year
Amphenol APH is set to report fourth-quarter 2021 results on Jan 26, 2022.Amphenol expects fourth-quarter 2021 earnings between 61 cents and 63 cents per share, indicating 7% to 11% year-over-year growth. Revenues are anticipated to be $2.690-$2.750 billion, indicating 11
Meta Platforms FB is launching the first version of Subscriptions on Instagram this week, primarily for creators. The launch of Subscriptions by Instagram comes as a strategic move to create a platform where Creators can make a living by selling their content.
NEW YORK (Reuters Breakingviews) - If Microsoft has kicked off the game of who could buy Activision Blizzard, Netflix could be a surprise winner. The software giant’s $69 billion bid for the maker of “Call of Duty” is likely to
Italy's antitrust regulator said on Thursday it had recalculated the fines for U.S tech giants Apple and Amazon due to a "material error" in the first calculation.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $428.6 million dollar inflow -- that's a 2.5% increase week over week in
Thanks to the metaverse, the gaming industry continues to hit headlines. Today's video focuses on Microsoft (NASDAQ: MSFT) and its current plans to acquire Activision Blizzard (NASDAQ: ATVI). This acquisition will improve the gaming catalog Microsoft offers, but more importantly,
We're just two trading weeks into the new year and already we've seen intense U.S. stock market and crypto market volatility. At the time of this writing, the Nasdaq Composite is already down over 5% so far this year.