Last week, the U.S. Labor Department said that the consumer price index (CPI) -- a popular measure of inflation -- jumped 7% in December 2021, the largest increase in nearly four decades. To make matters worse, the CPI has now exceeded the Federal Reserve's target inflation rate
European equities plumbed fresh one-month lows on Monday, as concerns of tighter monetary policies fuelled more selling in technology stocks, while data showing the euro zone economic recovery weakened further this month also weighed on sentiment.
With a 14% fall from its November peak, not only is the Nasdaq deep in correction territory, it is also now within striking distance of the 20% fall bar which defines a bear market.
Asian shares slipped on Monday as investors braced for a Federal Reserve meeting at which it is expected to confirm it will soon start draining the massive lake of liquidity that has supercharged growth stocks in recent years.
Asian share markets slipped on Monday as investors braced for a Federal Reserve meeting at which it is expected to confirm it will soon start draining the massive lake of liquidity that has supercharged growth stocks in recent years.
Asian share markets slipped on Monday with the Federal Reserve expected to confirm it will soon start draining the massive liquidity that has fuelled the huge gains in growth stocks in recent years.
The Sony Group (NYSE: SONY) media conglomerate has been crushing the market recently. Sony stock offered an 11% return over the last 6 months while the S&P 500 stayed flat. Can the Japanese media and electronics giant keep up this positive momentum and deliver robust returns
The main question heading into the week is whether the stock market's recent punishment will continue, particularly as Big Tech comes into focus with Apple (AAPL) and Microsoft (MSFT) slated to announce their results.
Enterprises are increasingly relying on data to drive business decisions. One of the most critical components of data synthesis and aggregation is cloud computing, a form of server virtualization to deliver infrastructure-as-a-service (IaaS). Instead of investing heavily into cap
Microsoft's (NASDAQ: MSFT) recent $69 billion bid to buy Activision Blizzard (NASDAQ: ATVI) highlights the value behind the companies that make video games. With big tech increasingly talking up the metaverse opportunity, companies with talented software engineers are going to be
Since the financial crisis, growth stocks have dominated value stocks and produced the bulk of market gains. The top seven largest companies in the S&P 500 are all big tech firms like Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT), while the top 10 largest S&P 500 comp
Investors are becoming more bullish on cryptocurrency. In June 2021 a survey showed that 10% of U.S. adults were willing to invest in crypto assets, according to eMarketer. But that figure has more than doubled since then, reaching 24% in December 2021. Interestingly, the same re
According to Emergen Research, the metaverse has the potential to become an $800 billion space by 2028, which means 43% annual growth between now and then. This total addressable market (TAM) matches the estimated TAM of electric vehicles, which is expected to reach $800 billion
Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one new share of Kyndryl for every five shares of IBM they held.
(RTTNews) - Soon after the acquisition by Microsoft Corporation (MSFT), a set of Activision Blizzard workers have announced that they are forming a union. The group has asked the company to formally recognize the union.
Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&P 500 and Nasdaq log their biggest weekly percentage drops since the onset of the pandemic in March 2020.
Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report that also weighed on rivals, and stocks ended a gloomy week on a sour note.
A group of employees at an Activision Blizzard studio that works on the "Call of Duty" franchise said on Friday that they had formed a union and would seek voluntary recognition from the company, signaling organized labor's first foothold at the video game giant.