HONG KONG (Reuters Breakingviews) - Beijing's paranoia is darkening the outlook for China's cloud sector. Alibaba, Tencent and others are vying to replicate Amazon's success in the People's Republic, where sales are booming. B
Microsoft Corp said on Monday that it would extend its abortion and gender affirming care services for employees in the United States to include travel expense assistance.
What happened
Shares of Ford Motor Company (NYSE: F) declined by 6% on Monday, following reports that the auto giant was selling some of its shares in Rivian Automotive (NASDAQ: RIVN).
Japan's SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential.
Investors endured another round of selling in the stock market, piling on after last week's turbulent performance. For six months now, major market benchmarks like the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX
The S&P 500 fell to its lowest point in more than a year Monday as last week's selloff retained all of its momentum and bled into just about anything that trades.
Alphabet’s GOOGL division Google is reportedly testing UI redesign for YouTube Music playlists on Android mobiles to strengthen its offerings in the music streaming space.
What happened
Shares of Amazon.com (NASDAQ: AMZN) continued to fall on Monday as fears of a consumer retreat grew. The e-commerce giant's stock was down 3.2% at 12:03 p.m. ET, and was down 10% overall for the month to date.
NEW YORK (Reuters Breakingviews) - Uber Technologies’ story has always been about the firm’s bright, but distant, future. Now, Chief Executive Dara Khosrowshahi wants to show that the ride-sharing firm can generate lots of cash, soon
The S&P 500 index fell to its lowest since April 2021 on Monday as higher U.S. Treasury yields hit growth stocks amid prospects of aggressive policy tightening, while investors grappled with fears of a sharp economic slowdown in China.
At Holdings Channel, we have reviewed the latest batch of the 35 most recent 13F filings for the 03/31/2022 reporting period, and noticed that Amazon.com Inc (Symbol: AMZN) was held by 29 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good
U.S. stocks slid on Monday as higher U.S. Treasury yields hit growth stocks amid prospects of aggressive monetary policy tightening, with investor sentiment taking a hit from fears of a sharp economic slowdown in China.
Shares of Rivian Automotive Inc opened at a record low on Monday, down 14%, after a report that early investor Ford would be selling a part of its stake in the electric-car maker.
Thanks to the continuous migration of everyday life into the online world, the adoption of cloud services is rapidly growing -- whether individuals pay $0.99 per month to Apple (NASDAQ: AAPL) for iCloud storage, or their workplace spends thousands of dollars per month for more ad
U.S. stock were set to open lower on Monday as rising U.S. Treasury yields amid prospects of aggressive monetary policy tightening weighed on growth stocks, with the sentiment taking a hit from fears of a sharp economic slowdown in China.
MercadoLibre (NASDAQ: MELI) posted its first-quarter report on May 5. The Latin American e-commerce leader's revenue rose 63% year over year (YOY) to $2.25 billion, which beat analysts' estimates by $210 million. It generated a net profit of $65 million, compared to a net loss of
When we look back on stock growth stories that tell of gargantuan returns, there are typically only a few people who had the foresight to invest at the beginning and reap the full benefits of a stock's multibagger growth. Most of us use terms like "coulda, shoulda, woulda" as we
Investors are dealing with a change in the mood of the market that many have never seen before. For years, the mentality on Wall Street has been that when share prices dip, it's a good time to buy. However, that approach hasn't delivered the quick payoff that it did throughout mu
With first-quarter U.S. earnings in the final stretch, corporate growth expectations for the current quarter and 2022 mostly are declining as costs surge for oil and other supplies and interest rates rise.
U.S. stock index futures slid on Monday as rising U.S. Treasury yields weighed on growth stocks amid prospects of aggressive policy tightening by the Federal Reserve, with fears of a sharp economic slowdown in China also dampening the sentiment.