WASHINGTON (Reuters Breakingviews) - Big U.S. technology companies can look in the mirror for their next acquisition. Alphabet, Amazon.com, Apple, Facebook and Microsoft have around $600 billion of cash in their coffers altogether. With revenue
With earnings reporting in full swing, markets have their eyes turned to the big movers as Apple, Google, Facebook, Amazon, and Microsoft are due to report this week. With earnings reports enthusiastically positive overall, many are looking to grab a piece of the earnings pie as inflation fears continue to float in the background. InvestorPlace [...] Read more at ETFtrends.com.
What happened
Shares of Nvidia (NASDAQ: NVDA), Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), and Pinduoduo (NASDAQ: PDD) were all falling today on seemingly no company-specific news. Instead, the tech companies shed billions of dollars in total market cap value as the S&P 50
Facebook Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.
A second day of global fears over China's regulatory crackdown, as well as rising COVID concerns back home, were enough to knock U.S. stocks off their lofty perch Tuesday.
U.S. stock indexes retreated from record highs on Tuesday, with the Nasdaq tumbling as much as 2.1% as caution kicked in ahead of earnings reports from some of the most valuable technology companies on Wall Street.
In this video, I will be talking about the metaverse, what it is, what it could mean for the future, and how it will evolve. You can find the video below.
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 $151.1 million dollar outflow -- that'
Facebook Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.
Wall Street expects Alphabet Inc and Facebook Inc to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of Apple Inc's privacy changes has not yet been felt.
Stock Market Slips Ahead Of Big Tech EarningsU.S. stock futures are tilting lower ahead of a barrage of tech stocks earnings. No doubt, the recent Chinese regulatory crackdowns have been weighing on the stock market. The major U.S. stock benchmarks closed Monday’s regular s
Google said on Tuesday that it was taking legal action over an expanded version of Germany's hate-speech law that recently took effect, saying its provisions violated the right to privacy of its users.
When we talk about social media stocks, it's easy to focus on Facebook (NASDAQ: FB) to the exclusion of everyone else. On one hand, this makes sense -- the company owns some of the most popular, time-consuming apps in the world. But even when we zoom out a little, the attention f
1Password, a Canadian security and privacy tech startup, said on Tuesday it raised $100 million in a round led by Silicon Valley venture capital firm Accel, valuing the company at $2 billion.
Facebook (NASDAQ: FB) has started taking virtual reality (VR) very seriously over the last few years. The company isn't just making headsets anymore; it has become one of the biggest developers in the industry after acquiring the most successful VR studios around. Facebook hopes
Snap (NYSE: SNAP) posted a dazzling second quarter report on July 22, and the stock skyrocketed to an all-time high the following day. The social media company's revenue soared 116% year over year to $982 million, beating expectations by $135 million, while its daily active users
Snap (NYSE: SNAP) and Twitter (NYSE: TWTR) just reported blowout earnings, and it bodes well for other digital advertising businesses like Facebook (NASDAQ: FB) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
Wall Street expects Alphabet Inc and Facebook Inc to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of Apple Inc's privacy changes has not yet been felt.
Indian content-sharing platform ShareChat has raised $145 million in fresh funding from Singapore's Temasek Holdings and two other investors, giving it a valuation of $2.88 billion, the company told Reuters on Tuesday.
Facebook is creating a product team to work on the "metaverse," a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said on Monday.