U.S. stock market futures were marginally higher late on Wednesday as the presidential election race remained cloudy and the likelihood of gridlock in Congress made investors optimistic that major policy changes would be difficult to enact.
What happenedShares of Facebook (NASDAQ: FB) leaped 8.3% on Wednesday, as investors breathed a sigh of relief that the results of U.S. elections would lessen the risk of regulation on the social media industry.
The election between Donald Trump and Joe Biden has remained far closer than many polls predicted. Uncertainty often has a detrimental impact on the market, but the opposite is occurring now. The Dow was up over 700 points mid-day. The surge began last night, when a spike in futu
Hundreds of millions of Americans are watching election results trickle in without any firm sense of who will win the presidency. But investors in the stocks that make up the Nasdaq Composite (NASDAQINDEX: ^IXIC) have already received the news they wanted to hear, and the key sto
LONDON (Reuters Breakingviews) - The U.S. election non-result is burnishing Big Tech’s safe-haven credentials. Stocks like Facebook rose after the inconclusive early vote counts, outperforming other sectors. Like
The United States' big technology names led gainers on Wall Street on Wednesday, as investors sought the security of this year's big stay-at-home corporate success stories in the face of a presidential election set to go down to the wire.
The United States' big technology names led gainers on Wall Street on Wednesday, as investors sought the security of this year's big stay-at-home corporate success stories in the face of a presidential election set to go down to the wire.
Wall Street's main indexes were set to open sharply higher on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result.
"Diversify globally." If you've listened to that advice recently, a strong dollar and American tech leadership have caused your international stocks to underperform U.S markets. Now you need to decide:
Will international performance improve?
Should you continue to globally divers
Renewable energy and cannabis-related stocks, tipped to gain under a Joe Biden administration, were among the hardest hit on Wall Street on Wednesday, as traders adjusted to overnight results that left the presidential election hanging in the balance.
Turkey has fined global companies including Facebook, Twitter and YouTube 10 million lira ($1.18 million) for not complying with a new social media law, Deputy Transport and Infrastructure Minister Omer Fatih Sayan said on Wednesday.
A stablecoin managed by a big tech company, like Facebook's proposed libra, would raise concerns about data protection and even choke financial innovation, European Central Bank board member Fabio Panetta said on Wednesday.
Twitter Inc and Facebook Inc early Wednesday flagged President Donald Trump's comments on the U.S. presidential election, which remained too close to call.
NEW YORK (Reuters Breakingviews) - It may be days before America’s presidential election produces a clear winner. That’s an eternity for markets used to prices that move over microseconds. But whether Donald Trump or Joe Biden
In this episode of Industry Focus: Wildcard, Nick Sciple interviews Joost van Dreunen, author of One Up: Creativity, Competition, and the Global Business of Video Games, about his book and the business of video games. They discuss how developers, game publishers, console makers,
Twitter Inc and Facebook Inc on Tuesday suspended several recently created right-leaning news accounts posting information about voting in the hotly contested U.S. election for violating their policies.
LONDON (Reuters Breakingviews) - Alibaba, JD.com, and Tencent are launching a proxy war in New York. Jack Ma’s behemoth may be mulling a $300 million investment in U.S.-listed online fashion retailer Farfetch, which is also backed b
HONG KONG (Reuters Breakingviews) - When future business school students tackle the case study of Ant and the Curse of the Mega-IPO, it will be clearer what led to the shock suspension of the Chinese financial group’s record-shatter
Canada on Tuesday unveiled plans to make U.S. tech companies such as Netflix Inc, Amazon.com Inc and Facebook Inc pay for domestically produced content but will not make them collect local taxes, officials said.