Investors have enjoyed a historic bounce-back rally since the March 2020 bear-market low. But if history tells us anything, it's that rebounds from a bear-market bottom are always met with some degree of resistance. Over the past couple of weeks, growth stocks have begun to see t
Service to social media platforms Facebook, WhatsApp and Instagram has been restored in Ethiopia after they were restricted earlier on Monday, internet blockage observatory NetBlocks said.
When President Biden took office nearly four months ago, he inherited some of the worst economic conditions in decades. The disruption caused by the coronavirus pandemic turned the No. 1 economy in the world on its head.Yet the Biden administration might be in the right place at
U.S. President Biden on Friday revoked an executive order by former President Donald Trump that had directed regulators to limit liability protections for social media companies.
An Apple Inc engineer who left the company this week after thousands of coworkers signed a petition calling for him to be sacked said on Twitter he was fired "in a snap decision" and that Apple made defamatory statements about him.
Ireland's data regulator can resume a probe that may trigger a ban on Facebook's transatlantic data transfers, the High Court ruled on Friday, raising the prospect of a stoppage that the company warns would have a devastating impact on its business.
Ireland's High Court on Friday rejected a Facebook bid to block an inquiry by the Irish data regulator that could halt Facebook's data flows from the European Union to the United States.
Ireland's High Court was due to decide on Friday whether the data regulator should proceed with a provisional order to halt Facebook user data transfers to the United States from the European Union.
Ireland's High Court will decide on Friday whether the country's data regulator should proceed with a provisional order to halt Facebook user data transfers to the United States from the European Union.
Jamie Dimon is the most admired of the Fortune 500 CEOs, according to a survey of top executives in 2020. Among other accomplishments, Dimon helped navigate JPMorgan through the financial crisis in 2008, and during his 16-year tenure, the stock is up over 300%, outperforming the
Financial stocks continued to climb in afternoon trading, with the NYSE Financial Index rising 1.8% while the SPDR Financial Select Sector ETF (XLF) was ahead 2%.The Philadelphia Housing Index climbed 3.5% and the SPDR Real Estate Select Sector ETF (XLRE) was up 1.8%.
Financial stocks were advancing in afternoon trading, with the NYSE Financial Index rising 1.5% while the SPDR Financial Select Sector ETF was ahead 1.6%.The Philadelphia Housing Index also was climbing 2% and the SPDR Real Estate Select Sector ETF was up 1.3%.
As the market for alternative assets heated up earlier this year, many investors found themselves trying to differentiate between the various investment options. Although there is a lot of buzz around nonfungible tokens and meme-based cryptocurrencies, it was the rise in Bitcoin
Thursday continued the recent volatility that Wall Street has seen, but for stocks, most of the action was to the upside. Investors seemed ready for a relief rally on hopes that inflationary fears will prove to be short-lived. As of 11:15 a.m. EDT, the Dow Jones Industrial Averag
What happenedShares of the crypto bank Silvergate Capital (NYSE: SI) traded 16.5% higher as of 11:05 a.m. EDT today after the company announced a new partnership with Facebook's (NASDAQ: FB) yesterday.
Amazon's (NASDAQ: AMZN) advertising business surged in 2020 as it benefited from more shoppers buying online instead of in stores. Other revenue, which primarily consists of its ad business, increased more than 50% to $21.4 billion last year.But growth isn't slowing down. Amazon