The stock market rewards short-term performance, often quarter-by-quarter, but a long-term perspective can often reveal a company's future returns better than its most recent quarter will.
A pullback in heavyweight technology stocks was set to weigh on Wall Street at the open on Tuesday even as the S&P 500 and the Nasdaq looked set to notch another month of gains following the Federal Reserve's dovish stance on its massive asset purchases.
Online search giant Google said on Tuesday it would invest 1 billion euros ($1.2 billion) in Germany through 2030 to expand its datacenter operations and secure renewable power supplies to run them.
(RTTNews) - Apple is working to add satellite features for iPhones that will allow users to send texts in emergency situations, Bloomberg reported. With the new capabilities, the iPhone users will be able to report crashes and other emergencies in areas without cellular coverage.
U.S. stocks futures held steady on Tuesday, putting the main indexes on course to end August on a firm footing, as investors shrugged off risks around rising coronavirus infections on hopes that the Federal Reserve's dovish stance would support economic growth.
South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.
South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.
Alphabet Inc's Google unit, Facebook Inc and Microsoft Corp are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing U.S. tech giants' powers, a study released on Tuesday showed.
The congressional committee probing the deadly Jan. 6 attack on the U.S. Capitol on Monday told 35 telephone, email and social media companies to preserve records which could be relevant to its investigation, the panel announced.
Alphabet Inc's Google unit, Facebook Inc and Microsoft Corp are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing U.S. tech giants' powers, a study released on Tuesday showed.
Stocks churned mostly higher today as investors continued to cheer Friday's dovish speech from Fed Chair Jerome Powell, where he indicated that tapering of the central bank's bond-buying program was likely imminent, but a rate hike was not.
The S&P 500 and Nasdaq topped their record closes once again on Monday, bolstered by technology stocks, as last week's dovish comments from the Federal Reserve on tapering its monetary stimulus refocused investors' minds on economic growth.
The S&P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.
Technology stocks were finishing near their intra-day highs, with the SPDR Technology Select Sector ETF (XLK) Monday rising 1.1% while the Philadelphia Semiconductor Index was advancing 0.5% this afternoon.
What happened
Shares of Globalstar (NYSEMKT: GSAT) soared on Monday after a respected analyst posited that the satellite services provider could partner with Apple (NASDAQ: AAPL).
There's something irresistible about knowing what hedge funds are up to. Maybe it's the mystique, the massive sums of capital they command, and the fact that the best of the best hedge-fund managers are multi-billionaires.
The best performing sector as of midday Monday is the Healthcare sector, up 0.7%. Within that group, Baxter International Inc (Symbol: BAX) and PerkinElmer, Inc. (Symbol: PKI) are two of the day's stand-outs, showing a gain of 3.1% and 3.0%, respectively. Among healthcare ETF
The S&P 500 and Nasdaq moved to fresh record highs on Monday, led by technology stocks, as investors responded positively to the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.