The Nasdaq ended lower for a second straight session on Tuesday, while much of the rest of Wall Street was mixed, as rising Treasury yields prompted investors to sell Tesla and other Big Tech names.
The Nasdaq tumbled for a second straight session on Tuesday, and the S&P 500 also fell, as rising Treasury yields prompted investors to sell Tesla, Microsoft and other Big Tech names.
Apple Inc said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware.
The Nasdaq lagged its Wall Street peers on Tuesday as rising Treasury yields weighed on major technology stocks, while gains in banks and energy helped limit losses in the S&P 500 and the Dow Jones.
3 Hot Metaverse Stocks To Watch This WeekInvestors continue to focus on metaverse stocks in the stock market this week. Despite the shorter trading week, there is plenty of excitement among metaverse tech firms now. For the most part, the overwhelming focus on this upcoming secti
The European telecom vendor Ericsson (NASDAQ: ERIC) announced this week an agreement to acquire the communications specialist Vonage Holdings (NASDAQ: VG) for $6.2 billion in cash. With Ericsson's share price down following the news, the market doesn't look excited by the company
Shares of Zoom Video Communications Inc slumped to 17-month lows on Tuesday after the video conferencing platform posted its slowest quarterly revenue growth amid stiff competition from deep-pocketed rivals Cisco, Microsoft and Salesforce.
A key committee of EU lawmakers on Monday agreed to tougher laws targeting Amazon, Apple, Alphabet unit Google and Facebook, earning a thumbs-up from EU antitrust chief and architect of the idea Margrethe Vestager.
Best Buy Co Inc forecast fourth-quarter comparable sales below analysts' estimates on Tuesday, as the electronics retailer braces for a hit from likely product shortages during the crucial holiday shopping season.
Many hot initial public offerings (IPOs) over the past few years have jumped immensely on their opening days, and the newly public company Expensify (NASDAQ: EXFY) is no exception. Shares were priced at $27 ahead of its market debut Nov. 10, and it proceeded to surpass $41 -- a 5
U.S. stock index futures fell on Tuesday as rising Treasury yields weighed on major technology stocks, while bank shares extended gains as investors priced in an early policy tightening by the Federal Reserve.
Faux beef products maker Impossible Foods said on Tuesday it had raised nearly $500 million in a funding round led by existing investor Mirae Asset Global Investments.
Britain's Drax is considering building a biomass plant in the United States whose power generation it says will absorb more emissions than it creates, its CEO told the Reuters Events Energy Transition Europe Summit on Tuesday.
Performance at Microsoft Corporation (NASDAQ:MSFT) has been reasonably good and CEO Satya Nadella has done a decent job of steering the company in the right direction. This is something shareholders will keep in mind as they cast their votes on company resolutions such as execu
The S&P 500 ended lower and the Nasdaq tumbled deep into negative territory on Monday after both earlier hit record highs following the announcement of a second term for Federal Reserve Chair Jerome Powell.
Zoom Video Communications beat estimates for third-quarter revenue on Monday benefiting from the launch of its new offerings as the video-conferencing platform tries to retain users who have started returning to offices and schools.
Key Takeaways After being out of favor in 2021, Invesco S&P 500 Low Volatility ETF (SPLV) and iShares Edge MSCI Min Vol USA ETF (USMV) each gathered $1 billion of net inflows in the past month according to CFRA’s ETF data. SPLV has historically been underexposed to Information Technology stocks, compared to the broader S&P [...] Read more at ETFtrends.com.
Privately held healthcare technology firm Athenahealth said on Monday it has agreed to be acquired by Bain Capital and Hellman & Friedman LLC for $17 billion.
The Shiller PE Ratio -- a valuation metric that measures the price of the S&P 500 against cyclically adjusted earnings from the previous 10 years -- currently sits at 39, the second-highest multiple in history. When was the Shiller PE ratio higher? Right before the dot-com bu