Warren Buffett is well known for his investing prowess -- the Oracle of Omaha has made billions due to his smart stock purchases. With his reputation as one of the world's best investors, it's not surprising many people watch his purchases and recommendations carefully to inform
Facebook said on Saturday it has put a global block on certain accounts controlled by supporters of Brazil's President Jair Bolsonaro implicated in a fake news inquiry, a day after it was fined for not complying with a Supreme Court judge's order to do so.
July was a pretty strong month for the stock market, with most major indexes finishing in positive territory, and with considerably lower volatility along the way than in other recent months. Despite the continued elevated coronavirus case numbers, the S&P 500 is now in the
A Brazilian Supreme Court judge slapped Facebook with a 1.92 million reais ($367,710) fine on Friday for not complying with an order to block globally certain accounts controlled by supporters of President Jair Bolsonaro implicated in a fake news inquiry.
Brazil's central bank has authorized testing of payments via Facebook Inc's messaging service WhatsApp in the country, Visa Inc and Mastercard Inc said on Friday, easing an outright ban on the service imposed last month.
Microsoft Corp could re-energize its advertising business with a huge supply of video if it follows through on acquiring TikTok's U.S. operations from ByteDance.
Strong earnings from U.S. technology firms drove Wall Street higher but shares in Europe slid on Friday on doubts about the economic recovery from the coronavirus pandemic, while the dollar rose but still posted its worst month in a decade.
The S&P 500 Index (SNPINDEX: ^GSPC) surged late in the day Friday, helped along by mega-tech stocks Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Facebook (NASDAQ: FB). The index ended the day up 0.77%. The rally comes despite slow progress by Congress in agreeing on anot
Facebook Inc raised its settlement offer by $100 million to $650 million related to a lawsuit that claimed it illegally collected and stored biometric data for millions of users without their consent, the company said on Friday.
What happened
Shares of Facebook (NASDAQ: FB) climbed 8.2% to a new closing high of $253.67 on Friday after the social media leader delivered better-than-expected second-quarter results.
The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.
The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.
Technology stocks extended their Friday advance, with the SPDR Technology Select Sector ETF recently adding 2.0% in value although the Philadelphia Semiconductor Index still was sinking 1.1% this afternoon.
Technology stocks were advancing moderately, with the SPDR Technology Select Sector ETF recently adding 0.6% in value although the Philadelphia Semiconductor Index was sinking 1.6% this afternoon.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
U.S. stocks fell on Friday as uncertainty over the government's next coronavirus aid exacerbated economic worries related to the pandemic, countering early euphoria from stunning quarterly results by Apple, Amazon.com and Facebook.
Reuters
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