The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks.
A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon.com Inc, after Reuters reported the U.S. e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country's strict foreign investment regulations.
The Nasdaq fell on Wednesday led by a slide in shares of technology-related companies as investors rotated out of growth stocks, while awaiting the release of minutes from the U.S Federal Reserve's January meeting later in the day.
Investing in tech companies can be risky, partly because change in technology tends to be revolutionary, not evolutionary. That makes it even more important to pick your tech stocks wisely. Finding companies that demonstrate a continued ability to innovate and maintain leadership
In early trading on Wednesday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.6%. Year to date, Chevron registers a 14.2% gain.
There's little question that both Apple (NASDAQ: AAPL) and Facebook (NASDAQ: FB) have been remarkable investments over the past decade, with each generating returns of roughly 600%. Yet recent changes to Apple's privacy policy have Facebook crying foul. Facebook even said, "We in
The Nasdaq fell on Wednesday led by a slide in big technology firms as investors rotated out of growth stocks, while awaiting the release of minutes from the U.S Federal Reserve's January meeting later in the day.
IHeartMedia Inc said on Wednesday it would buy E.W. Scripps Co's Triton Digital for $230 million, giving the U.S. radio company access to audio advertising technology as it focuses on its podcast business.
Housebound music lovers starved of live shows during the pandemic got their groove on with vinyl records instead, fuelling a buying boom that drove the world's biggest LP maker to its best-ever annual sales and profit.
Facebook (NASDAQ: FB) and Apple (NASDAQ: AAPL) have been incredible investments over the past 10 years, each returning about 600%. Both are among the largest publicly traded companies in the U.S. For investors looking for stable, long-term returns, which is the better investing o
IHeartMedia Inc has agreed to buy E.W. Scripps Co's Triton Digital for $230 million, giving the U.S. radio company access to audio advertising technology as it focuses on its podcast business, the Wall Street Journal reported on Wednesday.
India's federal cabinet on Wednesday approved a 121.95 billion rupee ($1.68 billion) plan to promote local manufacturing and export of telecoms and networking gear, the country's telecoms minister said.
Congressional Democrats have begun discussions with the White House on ways to crack down on Big Tech including making social media companies accountable for the spread of disinformation on matters such as the U.S. Capitol riot and addressing the abuse of market power to harm corporate rivals.
South Korea's stock exchange will begin a review next week to examine if executives of Hyundai Motor may have used undisclosed information to trade shares following reports of a tie-up with Apple, an exchange spokeswoman said.
Fortnite creator Epic Games has taken its fight against Apple to European Union antitrust regulators, ramping up it dispute with the iPhone maker over its App Store payment system and control over app downloads.
Fortnite creator Epic Games has taken its fight against Apple to European Union antitrust regulators after failing to make headway in a U.S. court in a dispute over the iPhone maker's payment system on its App Store and control over apps downloads.
Fortnite creator Epic Games has taken its fight against Apple to EU antitrust regulators after failing to make headway in a U.S. court in a dispute over the iPhone maker's payment system on its App Store and control over apps downloads.
Treasury Secretary Janet Yellen stressed the importance of cooperation with the European Union in a call with the European Commission's vice president for the economy, Valdis Dombrovskis, on Tuesday, the U.S. Treasury Department said.
Tuesday initially brought continued upward momentum to the stock market, but by midday, stocks had given up much of their gains and moved into negative territory late in the session. The Dow Jones Industrial Average (DJINDICES: ^DJI) pushed ahead to another all-time high, but the