Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.
EU antitrust regulators are likely to kick off a full-scale investigation into Facebook's acquisition of U.S. customer service startup Kustomer after its initial review ends next month, three people familiar with the matter said on Friday.
WASHINGTON (Reuters Breakingviews) - Given the controversies that have dogged Facebook in the past few years, the social network’s continuing domination is remarkable. A new book by New York Times reporters Sheera Frenkel and Cecilia Kang
Wall Street's main indexes were set to open higher on Friday, helped by megacap technology stocks and strong earnings from social media companies Twitter and Snap, with investors eyeing business activity data later in the day.
E-commerce is gaining popularity around the world. Digital sales represented nearly 18% of total retail last year, up from 14% in 2019, according to eMarketer. That trend has translated into strong growth for Shopify (NYSE: SHOP), which is now a $185 billion business.Even so, I t
Fool contributor Brian Withers has an investment portfolio heavily weighted toward technology growth stocks. For this reason, it's rare that a real estate company would interest him. However, when recently learning more about Digital Realty Trust (NYSE: DLR), he realized it's a r
Nasdaq futures hit a record high on Friday, helped by megacap technology stocks and strong earnings from social media companies Twitter and Snap, with investors eyeing business activity data later in the day.
The White House has YouTube, not just Facebook, on its list of social media platforms officials say are responsible for an alarming spread of misinformation about COVID vaccines and are not doing enough to stop it, sources familiar with the administration's thinking said.
The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close.
Two Democratic U.S. senators on Thursday will add to the stack of bills going after Section 230 - a law that protects tech companies from being sued over content posted by users - making such platforms responsible for health-related misinformation.
Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.
Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated.
Big tech pushed Wall Street to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings sent investors back to growth stocks.
The following companies are expected to report earnings prior to market open on 07/23/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Honeywell International Inc. (HON)is reporting for the quarter ending June 30, 2021. The diversified operations c
Two Democratic U.S. senators on Thursday will add to the stack of bills going after Section 230 - a law that protects tech companies from being sued over content posted by users - making such platforms responsible for health-related misinformation.
Wall Street's main indexes edged lower on Thursday after an unexpected rise in weekly jobless claims cooled a rally in economy-linked cyclical stocks, while gains in megacap growth firms kept declines at bay.
For years, Netflix (NASDAQ: NFLX) was one of the most reliable growth stocks on the market. The video streamer would regularly deliver brisk subscriber and revenue growth every quarter as it disrupted the massive video entertainment industry.
The S&P 500 and the Dow indexes fell on Thursday after data showed weekly jobless claims hit a two-month high, while a rise in megacap growth stocks offered some support to the technology-heavy Nasdaq.