High-performance networking specialist Arista Networks (NYSE: ANET) reported third-quarter results on the evening of Monday, Oct. 2. The company beat Wall Street's estimates across the board and issued rosy guidance for the next quarter. Investors were quick to embrace the strong
Sweden's largest insurer, Folksam, accidentally leaked private data on about one million of its customers to a handful of the world's largest technology companies, it said on Tuesday.
Folksam, Sweden's largest insurer, accidentally leaked private data on around one million of its customers to a handful of the world's largest tech firms, the company said on Tuesday.
Last week, digital advertising companies showed off a strong third-quarter comeback from a second-quarter slowdown. Some marketers had eased up on the ad spend accelerator during Q2, while some others pressed paused on entire campaigns. But it looks like marketers were back in Q3
Twitter and Facebook late on Monday both flagged a post by President Donald Trump that called a U.S. Supreme Court decision on voting in Pennsylvania "very dangerous."
HONG KONG (Reuters Breakingviews) - Everyone and their cousin wants in on Ant’s record-shattering $34 billion initial public offering. The buzz has been palpable in Hong Kong, where fund managers report calls from distant relatives
SAN FRANCISCO (Reuters Breakingviews) - Facebook and Instagram don’t have to part ways to increase competition. U.S. regulators are reviewing the 2012 social media merger, but unwinding deals is almost impossible. Breaking up what e
Wall Street's major indexes bounced back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election.
Wall Street's major indexes were set to bounce back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election.
The Nasdaq has risen 35% over the past 12 months as many investors have looked at tech stocks as safe havens during the COVID-19 crisis. But that rush also inflated the valuations of many attractive tech companies to unattractive levels.As a result, it's tough to find any bargain
U.S. stock index futures bounced on Monday after Wall Street recorded its steepest weekly loss since March as investors geared up for an event-packed week starting with the U.S. presidential election.
More than 2 billion yuan ($299.07 million) has been spent using China's new digital currency so far in 4 million separate transactions, Yi Gang, the governor of the People's Bank of China (PBOC), said on Monday.
Asian shares bounced off one-month lows on Monday helped by Chinese factory activity expanding at its fastest pace in a decade, while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns.
Asian shares bounced off one-month lows on Monday on solid data from China showing factory activity expanded at its fastest pace in a decade while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns.
Oil prices hit five-month lows and shares extended losses on Monday on worries about global demand as many economies slid back into coronavirus-induced lockdowns while upcoming U.S. presidential elections led to heightened caution.
By Justin Spittler The biggest presidential election of our lifetimes is just around the corner. And if you watch cable news, you may feel like the fate of everything hangs in the balance, from our environment to our economy to our health. But as I’ll show you today, the election has almost zero impact on my stock picking [...] Read more at ETFtrends.com.
Some investors are betting the technology and communications stocks that drove a massive rebound in U.S. markets this year will face a tougher slog in coming months, no matter whether Republican President Donald Trump or Democratic challenger Joe Biden wins Tuesday's election.
Friday, Oct. 30, was a scary day for the markets -- very appropriate for the day before Halloween. The tech-focused Nasdaq declined 2.45%, and the leading FAANG contingent fell even harder, with all major names declining more than 5%. That is, except one:
Company
Zoom Video Communications' (NASDAQ: ZM) stock soared about 660% this year as the COVID-19 crisis brought millions of new users to its video conferencing platform. Just as Google became a verb for online searches, Zoom became synonymous with video calls.Meanwhile, shares of Alphab
Many investors appear to be thinking through the consequences of the upcoming election, given the extreme volatility we saw in the markets last week. But let's try to focus on the positives. After all, there are a handful of companies out there that are sure to benefit from this