Big tech firms such as Google and Facebook will face fines of up to 6% of turnover if they do not do more to tackle illegal content and reveal more about advertising on their platforms under draft European Union rules.
Wall Street's main indexes slipped on Friday, heading for weekly losses as doubts over more economic stimulus dented sentiment, while data showing improved consumer sentiment kept losses in check.
It's been an impressive run, to say the least. Not only is the Nasdaq Composite (NASDAQINDEX: ^IXIC) up 37% year to date, as of Wednesday it's up 79% from its March low. And that's factoring in this week's weakness.Stalwarts like Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) hav
In early trading on Friday, shares of Walt Disney topped the list of the day's best performing Dow Jones Industrial Average components, trading up 9.3%. Year to date, Walt Disney registers a 16.9% gain.
Fresh off the launch of M1 Macs -- a momentous occasion that has been in the works for nearly a decade -- Apple (NASDAQ: AAPL) may be turning its silicon ambitions to Project Titan, the company's oft-rumored autonomous car initiative that has stagnated in recent years and faced n
Wall Street was set to tumble on Friday as delays over a new fiscal stimulus package and surging coronavirus infections dented sentiment even as regulators moved toward emergency use authorization of a COVID-19 vaccine.
As we get ready to close the book on 2020, allow me to call out two sectors that will create enormous wealth for investors over the next decade.The first is virtual currencies and digital wallets. Fintech is changing banking and payments forever and Square (NYSE: SQ) is at the ce
It's a fun thought exercise to imagine what stock you'd buy if you could only buy one. Several candidates come to my mind, such as Amazon.com and Apple. But I think my best answer has to be this one stock: Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).If it doesn't ring a bell,
Connected fitness company Peloton’s (NASDAQ: PTON) stock is up almost 4x this year, trading at levels of about $115 or about 8x projected FY’21 Revenues. Peloton’s recent growth partly justifies these valuations – it has effectively at least doubled Revenu
Apple’s (NASDAQ:AAPL) Services business is likely to emerge as its most profitable (and valuable) business within the next four years, likely eclipsing even the iPhone – which is seen as one of the most lucrative consumer products of all time. Here’s how w
The NASDAQ 100 After Hours Indicator is down -6.5 to 12,395.24. The total After hours volume is currently 100,945,089 shares traded.The following are the most active stocks for the after hours session: Intel Corporation (INTC) is unchanged at $50.26, with 5,783,121 shares traded
Apple Inc was sued on Thursday by the creator of a once-popular app store that accused the iPhone maker of illegally monopolizing software distribution on its own operating system.
Tech companies with millions of European users or active in at least two sectors will be classified as online gatekeepers subject to tough new EU rules aimed at curbing their power, three people familiar with the matter said on Thursday.
Retail investors are stepping up their options buying, pouring money into airlines, small caps and other potential beneficiaries of a COVID-19 vaccine even as U.S. stocks hover near record highs.
The S&P 500 was nearly flat on Thursday as investors weighed signs of progress in fiscal stimulus talks against data showing a surge in jobless claims, while energy stocks soared on a sharp jump in oil prices.
Apple Inc Chief Executive Officer Tim Cook plans to deliver remarks at the United Nations' Climate Ambition Summit on Dec. 12, the company confirmed on Wednesday.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI USA Quality Factor ETF, where 25,850,000 units were destroyed, or a 11.9% decrease week over week. Among the largest underlyi
Fifteen former presidents and premiers of European Union states have called on the European Commission to ensure democratic safeguards are included in new rules targeting Facebook, Google and Apple.
The Dow Jones Industrial Average (DJINDICES: ^DJI) -- commonly referred to simply as "The Dow" -- recently topped the 30,000 level for the first time ever.The 40,000 milestone could come sooner than many think. Based on the current level of the index as I write this on Dec. 9, th