The Nasdaq futures hit a record high on Wednesday as a fall in Treasury yields supported tech-heavy growth stocks, while investors focused on the Federal Reserve's minutes from the June meeting to gauge the trajectory of policy support going forward.
The Federal Reserve recently announced that all 23 banks subject to the 2021 stress tests passed with flying colors, clearing the way for dividend increases and new buyback plans. Plus, Visa (NYSE: V) is planning to acquire another open banking start-up after its previous attempt
What happened
Shares of Gores Holdings VI (NASDAQ: GHVI), a special purpose acquisition company (SPAC) that plans to merge with spacial-data company Matterport, jumped 15% in June, according to data provided by S&P Global Market Intelligence, after announcing some key partne
NEW YORK (Reuters Breakingviews) - Nextdoor is trying to keep up with Joneses. The neighborhood social network is merging with a blank-check firm sponsored by Khosla Ventures in a deal that values it at $4.3 billion. What Nextdoor is trying to b
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 792,058 contracts has been traded thus far today, a contract volume which is representative of approximately 79
For more than a decade, Wall Street and investors have focused their attention on growth stocks. That's because historically low lending rates and ongoing quantitative easing measures from the nation's central bank made it easy to access cheap capital.
Hong Kong leader Carrie Lam said on Tuesday that proposed changes to the city's privacy law will only target illegal "doxxing" behaviour, referring to the practice of the sharing of people's personal data without their consent.
An Asian industry group that includes Google, Facebook and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds with plans to change privacy laws.
La Liga will return to more traditional mediums to showcase Spanish soccer's top flight in the Indian subcontinent, three years after it linked up with Facebook to broadcast matches free of charge on the social network.
The Asia Internet Coalition, an industry body backed by Google and Facebook, has warned Hong Kong's personal data privacy commissioner that proposed amendments to the territory's privacy laws may force its members to stop investing there.
U.S. tech giants Facebook Inc, Alphabet Inc's Google and Twitter Inc have privately warned the Hong Kong government that they could stop offering their services in the city if authorities proceed with planned changes to data-protection laws, the Wall Street Journal reported on Monday, citing a letter.
Instagram CEO Adam Moserri recently released a video outlining the company's second half priorities for 2021. While he outlined four areas of focus for the Facebook (NASDAQ: FB) company -- creators, video, shopping, and messaging -- Moserri spent most of his time discussing the p
A social media site launched on Sunday by Jason Miller, a senior adviser to former U.S. President Donald Trump, was briefly hacked, and more than 500,000 people have registered to use the site, Miller said.
The following are the top rated Technology stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.SS&
For many investors, the idea of a stock market crash is terrifying -- especially with the memory of the coronavirus crash, which saw the benchmark S&P 500 (SNPINDEX: ^GSPC) lose 34% in 33 calendar days, still fresh.
A bipartisan group of U.S. lawmakers who are experts in antitrust urged the Federal Trade Commission on Friday to press on with its lawsuit against Facebook, according to a statement from the office of Senator Amy Klobuchar.
A bipartisan group of U.S.
lawmakers who are expert in antitrust urged the Federal Trade
Commission on Friday to press on with its lawsuit against
Facebook, according to a statement from the office of
Senator Amy Klobuchar.
(Reporting by Diane Bartz)
((Diane.Bartz@thomsonreuters.com; 1 202 898 8313;))
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What happened
Shares of e-commerce outfit Shopify (NYSE: SHOP) gained 17.5% last month, according to data provided by S&P Global Market Intelligence. Most of this progress was made in the middle of the month, first following the unveiling of a new "buy now, pay later" payment opt