Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR— Fund (Symbol: XLC) where we have detected an approximate $106.3 million dollar outflow -- that'
U.S. stocks ended sharply lower on Thursday after key inflation data showed a faster-in-expected rise in consumer prices, while the 10-year Treasury yield rose after a Fed official’s comments indicated that the central bank would aggressively hike rates to combat inflatio
While there's still debate about what the metaverse will or could be at its full potential, there's no doubt that there's abundant hype and excitement surrounding this virtual universe. In this segment of Backstage Pass, recorded on Jan. 11, Fool contributors Demitri Kalogeropoul
Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from U.S. and European companies, shrugging off concerns over a rise in bond yields and inflation.
The metaverse describes a virtual world that has the potential to add a new dimension to the way we interact socially and the way we do business. The financial opportunities it could create are rivaled only by the dawn of the internet, and many large and small tech companies are
U.S. Senators Amy Klobuchar, a Democrat, and Cynthia Lummis, a Republican, introduced a bill aimed at addressing addiction to social media platforms like Meta Platform's Facebook or Twitter.
This Sunday, brands will return to the big game using the time-tested tactics of going for big laughs, or trying to uplift audiences with messages of strength and triumph.
From visiting virtual art galleries to attending parties with the avatars of your online friends to traveling to far-flung parts of the world, all from the comfort of your home, proponents of the metaverse predict an exciting reality that could enable users to explore the farthes
U.S. stocks ended sharply higher on Wednesday as tech stocks led a broad rally following a pause in rising interest rates and a batch of upbeat earnings reports that lifted investors’ sentiment. All the three major indexes ended in positive territory.
YouTube on Thursday elaborated on its blockchain and metaverse plans for 2022, saying it could harness the emerging technologies to cut fraud in the fast-growing digital art market and offer a more social viewing experience for gaming content.
Last week was jam-packed with earnings results from the most popular big tech companies, leading to wild price action swings that kept investors guessing. Social media giant Meta Platforms (NASDAQ: FB) sank by 26% the day after reporting, whereas e-commerce powerhouse Amazon caug
Shares of Facebook-parent Meta Platforms (NASDAQ: FB) have been absolutely clobbered this year. The stock is down about 30% so far in 2022. Most of this decline, of course, was caused by the company's disappointing third-quarter update and management's dismal guidance for Q1.
Google Analytics, the world's most widely used web analytics service developed by Alphabet's Google, risks giving U.S. intelligence services access to French website users' data, France's watchdog CNIL said on Thursday.
Twitter Inc reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that a turnaround plan has yet to bear fruit for the social networking site.
This earnings season was brutal for Meta Platforms (NASDAQ: FB) and PayPal Holdings (NASDAQ: PYPL). Meta, the tech giant formerly known as Facebook, has lost about 30% of its market value since it posted a messy fourth-quarter earnings report on Feb. 2. PayPal's stock price has a
Twitter Inc reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that a turnaround plan has yet to bear fruit for the social networking site.
New Zealand rugby league great Olsen Filipaina died on Thursday at the age of 64, more than two weeks after being placed on a ventilator due to kidney failure, his brother Alf announced on Facebook.
The parent company of India's ShareChat will acquire local rival MX's short-video platform in an around $700 million deal, two sources told Reuters, as competition heats up in the sector where foreign investors have placed major bets.