The CEOs of four of America's largest tech firms will testify before U.S. Congress on Wednesday in a hearing that promises a healthy dose of political theater, while also offering a window into the thinking of lawmakers trying to rein in Big Tech.
After the market close on Tuesday, and on the eve if its earnings release, Shopify (NYSE: SHOP) filed a $7.5 billion mixed shelf registration offering with the Securities and Exchange Commission (SEC), which would give the company the right to sell a variety of securities.
Facebook Inc's chief executive, Mark Zuckerberg, will defend the social media company before a congressional hearing on Wednesday by saying it faces intense competition, justifying its acquisitions and pointing to China's growth as an internet superpower.
Facebook Chief Executive Mark Zuckerberg will defend the social media powerhouse before a U.S. House of Representatives hearing Wednesday on the market power of major tech firms.
Wall Street closed lower on Tuesday as investors fretted about weakening consumer confidence, disappointing financial results and as investors worried about wrangling in the U.S. Congress over a coronavirus aid plan.
An impasse in U.S. economic stimulus negotiations and mixed corporate earnings reports in Europe pushed global equities lower and sent investors into safe-haven assets like government bonds and gold, which hovered near record highs.
Wall Street closed lower on Tuesday as investors fretted about weakening consumer confidence, disappointing financial results and a smaller than hoped for coronavirus aid plan from U.S. Senate Republicans.
What happened
Shares of WiMi Hologram Cloud (NASDAQ: WIMI) are bouncing back. The stock had fallen close to 70% from highs reached earlier this month. But investors got a little relief as the stock went up today without any news. As of 3:30 p.m. EDT, it was only up 4%. But it ha
An impasse in U.S. economic stimulus negotiations and mixed corporate earnings reports in Europe left global equities treading water and sent investors into safe-haven assets like government bonds and gold, which hovered near record highs.
The Dow and Nasdaq were in decline on Tuesday while the S&P eked out a small gain as investors eyed weakening consumer confidence and disappointing business updates as well as a smaller than hoped for coronavirus aid plan from U.S. Senate Republicans.
U.S. stocks fell on Tuesday as investors awaited progress on Washington's coronavirus aid plan, with the blue-chip Dow index weighed down by 3M and McDonald's shares after the companies posted quarterly profits that missed estimates.
In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool Premium analyst Joey Solitro do a deep dive into Sea Limited (NYSE: SE). This little-known Southeast Asian company resembles some attractive asset-light businesses you are already familiar with. Learn about Sea
This year has been one that most investors won't soon forget. The outbreak of the COVID-19 pandemic brought on the fastest bear market in history, followed by a rapid recovery -- and even new all-time highs -- for some of the biggest and most well-known stocks out there.
HBO's dystopian superhero drama "Watchmen" and the 1960s comedy "The Marvelous Mrs. Maisel" led nominations on Tuesday for the Emmy Awards, in a list strong on diversity and fresh contenders for the highest awards in television.
J.C. Penney (OTC: JCPN.Q) may be no more. Private equity firm Sycamore Partners is offering to buy the bankrupt department store for $1.75 billion and then merge it with troubled peer Belk, causing the once-venerable retailer's name to disappear.
U.S. stocks fell on Tuesday as lawmakers geared up for grueling talks over a coronavirus aid plan, with the blue-chip Dow index weighed down by 3M and McDonald's shares after the companies reported quarterly profits that missed estimates.
In this episode of Motley Fool Money, host Chris Hill chats with analysts Jason Moser and Andy Cross about the latest headlines from Wall Street. The trio assess some recent earnings reports from tech, consumer goods, and healthcare companies. The guys also share some stocks for
Wall Street's main indexes fell on Tuesday as lawmakers geared up for grueling talks over a coronavirus relief package, with investors also weighing a mixed batch of earnings reports from blue-chip companies.
Three "big techs" are schedule to report their second-quarter 2020 results this week: Facebook (NASDAQ: FB) on Wednesday, July 29, followed by Amazon (NASDAQ: AMZN) and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) on Thursday. All three report after the market close.
(RTTNews) - Amazon.com said it has delivered more than 6 million meals, with 7.4 million pounds of food in more than 25 cities in the U.S. since the start of the COVID-19 pandemic to help fight hunger. It also plans to add a million more meals by the end of August.