The Dow and S&P 500 jumped to record closes for a third straight day on Thursday, with mega-cap technology stocks driving the market higher as investors warmed to jobs data showing a steady U.S. economic recovery.
Facebook Inc has pushed back its office return date for all U.S. and some international employees until January 2022 due to concerns over the highly infectious Delta variant, the company said on Thursday.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chemours Co (Symbol: CC), where a total volume of 12,374 contracts has been traded thus far today, a contract volume which is representative of approximately 1
(RTTNews) - UK's competition regulator, the Competition and Markets Authority, said on Thursday that the acquisition by Facebook Inc. (FB) of popular GIF website Giphy raises competition concerns.
The S&P 500 notched its third straight record high on Thursday, with mega-cap technology stocks taking charge, as investors mulled data showing a steady U.S. jobs market recovery against a backdrop of potentially inflationary producer prices.
Emeritus, an EdTech platform used by some of the world’s top universities and other educational institutions for online courses, said on Thursday it raised $650 million in a funding round led by SoftBank Group Corp’s Vision Fund 2 and Silicon Valley venture capital firm Accel.
Britain's competition watchdog said on Thursday it could require Facebook Inc to sell GIF website Giphy after its investigation found that the deal between the two companies would harm competition in display advertising.
Britain's competition watchdog said on
Thursday it could require Facebook Inc to sell GIF
website Giphy after its investigation provisionally found that
the deal between the two companies would harm competition in the
display advertising market.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Shounak
Dasgupta)
((Pushkala.A@thomsonreuters.com; Twitter: @pullthekart; Mobile:
+91 852 751 3793))
nL4N2PJ27Z
Three Australian publishers of lifestyle content say Facebook Inc used their articles on its just-launched news service after refusing to negotiate licensing deals, and that the country's tough new internet law has failed to protect them.
Three Australian publishers of lifestyle content say Facebook Inc used their articles on its just-launched news service after refusing to negotiate licensing deals, and that the country's tough new internet law has failed to protect them.
McDonald's Corp will require its U.S.-based office workers to be vaccinated against the coronavirus and will delay a return of employees to its offices until at least October, the fast-food giant said on Wednesday.
The Dow Jones Industrial Average hit a record high on Wednesday, buoyed by data showing that growth in inflation appeared to have peaked, while economically sensitive stocks gained on the passing of a large infrastructure bill.
Facebook (NASDAQ: FB) may be one of the best long-term investment opportunities in the stock market today. Such a bullish view could take investors by surprise for a number of reasons. First, the stock is already up significantly this year, soaring 34%. Additionally, Facebook has
Nasdaq futures fell on Wednesday, while Dow indicators rose slightly as investors swapped heavyweight technology stocks with economically sensitive sectors following the approval of a U.S. infrastructure bill.
Investors in Duolingo (NASDAQ: DUOL), the world's top-grossing education app, are having a fun learning experience. Duolingo's shares have soared over 40% from its IPO price of $102 -- a sign of affection for this growing educational tech start-up.
Buy low and sell high. You've no doubt heard that advice at some point. However, the old investing adage misses an important fact: The best stocks hit their previous peaks, then keep going even higher.
For the past 12 years, growth stocks have ruled the roost on Wall Street. This isn't a huge surprise given that historically low lending rates and abundant access to capital have allowed fast-paced companies to borrow in order to hire, acquire, and innovate.
Second-hand retailer Poshmark Inc on Tuesday forecast third-quarter revenue largely below estimates and warned that its marketing efforts were taking a hit from Apple Inc's new privacy controls over digital advertising tracking.
Second-hand retailer Poshmark Inc on Tuesday forecast third-quarter revenue largely below estimates and said its marketing efforts were taking a hit from Apple Inc's new privacy controls over digital advertising tracking.
Facebook said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed to enlist influencers to push anti-vaccine content about the COVID-19 jabs.