U.S. stock index futures were subdued on Friday as a rise in bond yields weighed on richly valued technology stocks a day after the S&P 500 closed at a record high.
The demand for 5G (fifth-generation) smartphones is set to explode in 2021. Market research firm IDC says that 5G smartphones could account for 40% of global smartphone volumes of 1.35 billion units this year, indicating that shipments could hit 540 million units in 2021.That wou
Taiwan's exports rose for a ninth straight month in March, and far exceeded expectations, as global demand for microchips and hi-tech gadgets remained strong in the work-from-home COVID-19 pandemic boom.
Bang! Went the gavel at Sotheby's auction house on May 18, 2017. It was a historic night. Untitled, a painting by Jean-Michel Basquiat, had just sold for $110.5 million -- a new record for the most expensive artwork by an American artist.The COVID-19 pandemic dampened fine art sa
Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding U.S. inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows.
Global stocks held firm near record highs on Friday as receding inflation fears in the United States pushed down bond yields and lifted Wall Street, though softness in Chinese shares capped gains in Asia.
Global stocks held firm near record highs on Friday as receding inflation fears in the United States pushed down bond yields and lifted Wall Street, though softness in Chinese shares capped gains in Asia.
Asian equities are set for a choppy trading session on Friday after technology stocks lifted the S&P 500 to a new record even as investors weighed an unexpected rise in the number of Americans filing new claims for unemployment benefits.
Apple Inc plans to argue that it faces abundant competition in the market for video game transactions to defend itself against antitrust allegations by "Fortnite" maker Epic Games, the iPhone maker said on Thursday.
(RTTNews) - Apple Inc. (AAPL) becomes the latest sufferers of the global crisis of chips as the California-based tech giant might have to postpone the production of iPads and MacBooks temporarily, reported Nikkei Asia. While MacBook production is halted due to the dearth of a
The S&P 500 closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks.
The S&P 500 closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks.
NEW YORK (Reuters Breakingviews) - SOMETHING TO CELLEBRITE. Controversy over cops breaking into people’s cellphones is heading to a stock exchange near you. Israeli digital intelligence outfit Cellebrite is merging with a special-purpose acquisition company,
The S&P 500 hit a record high on Thursday, as Treasury yields fell following softer-than-anticipated labor market data and helped lift technology and other growth stocks.
Subscription membership plans are all the rage, and Best Buy (NYSE: BBY) wants in on the action. The electronics retailer announced on Wednesday that it is piloting a new membership plan called Best Buy Beta. The membership will include a host of benefits for subscribers to rival
The Invesco S&P 500— Momentum ETF is seeing unusually high volume in afternoon trading Thursday, with over 127,000 shares traded versus three month average volume of about 26,000. Shares of SPMO were up about 1% on the day.
Synaptics (NASDAQ: SYNA) may not be a household name, but the components it makes are likely in products that you use in your household on a daily basis. From Apple's (NASDAQ: AAPL) iPhones to laptops to smart home appliances, Synaptics' tech is used in a broad range of applicati
The S&P 500 hit a record peak on Thursday, helped by gains in tech-related stocks as weaker-than-expected jobless claims data bolstered the Federal Reserve's stance to keep interest rates lower for a longer period.
The S&P 500 hit a record high on Thursday and the Nasdaq was at a seven-week peak, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to remain ultra-dovish until the economic recovery is more secure.