Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines shook investor optimism about an early recovery for the global economy.
Australia announced on Thursday it may let internet users choose which data they give to Big Tech companies like Google, limiting the internet giants' ability to access users' online histories to cross-sell products.
Looking For The Top Tech Stocks To Buy In February?When it comes to tech stocks, every press release and earnings seem to matter. These stocks have been under investors’ radar for a very long time. In fact, top tech stocks have led the stock market higher, so much tha
(RTTNews) - Facebook Inc. (FB) Wednesday reported a fourth-quarter profit that increased from a year ago, driven largely by 33% growth in revenues. The social media giant's earnings and revenues for the quarter trumped Wall Street estimates, but the company warned of "significant
Social media giant Facebook (NASDAQ: FB) posted solid fourth-quarter 2020 results on Wednesday evening. The company exceeded Wall Street's expectations across the board and boosted its share buyback program by $25 billion.Facebook's revenue rose 33% year over year, landing at $28
The stock market moved sharply lower on Wednesday, showing some cracks in the long bull market that investors have enjoyed since last April. Controversy surrounding stocks with high short interest levels continued to dominate the attention of many individual investors, but weakn
It was an abysmal day for stocks, with all three major indexes languishing in the red before logging dramatic losses. In fact, the Dow suffered its worst day since October, shedding over 630 points. A disappointing quarterly report from Boeing (BA) was partly to blame, though r
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, adding to losses after the latest Fed statement as major indexes were also pressured by a slump in Boeing and a selling of long positions by hedge funds.
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57% rise in China sales.
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57% rise in China sales.
Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, powered by increased ad spending by businesses to capitalize on a holiday shopping season driven online by the pandemic.
(RTTNews) - Facebook, Inc (FB) revealed a profit for its fourth quarter that climbed from last year.The company's earnings totaled $11.22 billion, or $3.88 per share. This compares with $7.35 billion, or $2.56 per share, in last year's fourth quarter.
Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, powered by increased ad spending by businesses to capitalize on a holiday shopping season driven online by the pandemic.
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, adding to losses after the latest Fed statement as major indexes were also pressured by a slump in Boeing and a selling of long positions by hedge funds.
A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Corp rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the video game retailer and other companies that were out of favor on Wall Street.
U.S. stocks dropped more than 1% on Wednesday, showing little reaction to the latest Fed statement, as major indexes were weighed down in part by a slump in Boeing and hedge funds selling off long positions to cover a short squeeze.
The following companies are expected to report earnings after hours on 01/27/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL) is reporting for the quarter ending December 31, 2020. The computer company's consensus earnings per sha
Stocks fell around the world and the dollar rose on Wednesday as investors turned more cautious on fear of stretched stock valuations and the economic impact of the COVID-19 pandemic, with the Federal Reserve meeting later in the session a focus.
The Dow and the S&P 500 slid more than 1% on Wednesday as Boeing slumped on posting a record annual loss, while declines were exacerbated by hedge funds selling off long positions to cover a short squeeze sparked by a sharp rally in GameStop and AMC.
Google's iPhone apps such as Maps and YouTube will stop using a tool from Apple Inc that allows them to personalize ads, avoiding a new Apple warning that informs users their browsing is being tracked.