Facebook Chief Executive Mark Zuckerberg will defend the social media powerhouse before a U.S. House of Representatives hearing Wednesday on the market power of major tech firms.
Wall Street closed lower on Tuesday as investors fretted about weakening consumer confidence, disappointing financial results and as investors worried about wrangling in the U.S. Congress over a coronavirus aid plan.
Wall Street closed lower on Tuesday as investors fretted about weakening consumer confidence, disappointing financial results and a smaller than hoped for coronavirus aid plan from U.S. Senate Republicans.
The Dow and Nasdaq were in decline on Tuesday while the S&P eked out a small gain as investors eyed weakening consumer confidence and disappointing business updates as well as a smaller than hoped for coronavirus aid plan from U.S. Senate Republicans.
U.S. stocks fell on Tuesday as investors awaited progress on Washington's coronavirus aid plan, with the blue-chip Dow index weighed down by 3M and McDonald's shares after the companies posted quarterly profits that missed estimates.
U.S. stocks fell on Tuesday as lawmakers geared up for grueling talks over a coronavirus aid plan, with the blue-chip Dow index weighed down by 3M and McDonald's shares after the companies reported quarterly profits that missed estimates.
Twitter Inc said on Tuesday it limited access to Donald Trump Jr's account for 12 hours because a tweet he had posted violated the social media site's misinformation policy on COVID-19.
Dr. Anthony Fauci, the nation's top infectious disease expert who has led the country through multiple health crises for decades, on Tuesday defended his work to protect Americans' health after the president retweeted a controversial video later removed by social media companies.
Wall Street's main indexes fell on Tuesday as lawmakers geared up for grueling talks over a coronavirus relief package, with investors also weighing a mixed batch of earnings reports from blue-chip companies.
Three "big techs" are schedule to report their second-quarter 2020 results this week: Facebook (NASDAQ: FB) on Wednesday, July 29, followed by Amazon (NASDAQ: AMZN) and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) on Thursday. All three report after the market close.
The S&P 500, or more accurately the Standard & Poor's 500, is a stock index generally made up of 500 of the largest U.S. companies that are traded on U.S. stock markets (it has a few additional rules that make the list a bit more selective). Most of the stocks in it, fro
Wall Street's main indexes were set to open lower on Tuesday as lawmakers geared up for grueling talks over a coronavirus relief deal, with investors also weighing a mixed batch of earnings reports from blue-chip companies.
MUMBAI (Reuters Breakingviews) - Work-from-home will be a passing fad in India, at least that’s what investor are signalling. Sovereign wealth fund GIC and The Monetary Authority of Singapore are lead investors in the initial public offering of Mindspace Business Parks
MUMBAI (Reuters Breakingviews) - Work-from-home will be a passing fad in India, at least that’s what investor are signalling. Sovereign wealth fund GIC and The Monetary Authority of Singapore are lead investors in the initial public offering of Mindspace Business Parks
Earnings season is under way -- and investors are watching closely. For the most part, watchers have the same question for every company reporting earnings: How are lockdowns and social restrictions due to COVID-19 impacting business?
U.S. stock index futures retreated on Tuesday as lawmakers geared up to debate a coronavirus relief deal to limit the economic damage from the pandemic, with investors also keeping an eye on quarterly earnings reports from Pfizer and McDonald's.
Facebook has won the first round of its court battle against what it says are excessive demands from European Union antitrust regulators after Europe's second-top court temporarily halted such requests until it makes a final ruling.
Republican Senator Josh Hawley on Tuesday introduced legislation that would penalize large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry - the latest onslaught on Big Tech's business practices.
Facebook has secured a court order to temporarily stop EU antitrust regulators' information requests related to their investigations into the company's data and online marketplace, according to a General Court ruling.
Mukesh Ambani's Reliance Industries Ltd will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.