Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover limited a subdued S&P.
Wall Street was broadly lower on Thursday and European shares fell for the first time in two weeks on hawkish signals from the U.S. Federal Reserve, even as U.S. technology stocks notched gains.
The Nasdaq jumped on Thursday, at one point approaching its lifetime intraday high set in April, as U.S. technology stocks gained on optimism around a speedy economic recovery.
Today, the National Fuel Gas Company Board of Directors approved a 2.2% increase in the dividend on the Company's common stock, raising the quarterly rate from 44.5 cents per share as approved in June 2020 to 45.5 cents per share for an annual rate of $1.82 per share. National
U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 subdued.
U.S. technology shares rose on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 and the Dow indexes subdued.
Technology stocks were declining ahead of the opening bell on Thursday as the Technology Select Sector SPDR ETF (XLK) was down 0.41% and the iShares PHLX Semiconductor Sector Index Fund (SOXX) was 0.35% lower recently.
Weakness in tech shares was set to pull Wall Street lower on Thursday after the Federal Reserve signaled it could start tapering its stimulus earlier than expected, piling pressure on a sector that is seen as vulnerable to higher interest rates.
Currently, AMC Entertainment Holdings (NYSE: AMC) and BlackBerry (NYSE: BB) are two of the most widely held stocks on Robinhood. Both have also garnered a fair amount of support on Reddit, as individual investors have banded together to drive these meme stocks higher.To that end,
Advanced Micro Devices Inc and Alphabet Inc's Google Cloud on Thursday said Google will offer cloud computing services based on AMD's newest data center chip, a move likely to intensify AMD's push to grab market share from rival Intel Corp.
Technology stocks were set to lead Wall Street lower on Thursday after the Federal Reserve signaled it could start tapering its massive stimulus earlier than expected, piling pressure on a sector that is seen as vulnerable to higher interest rates.
Shopify (NYSE: SHOP) recently bought Primer, an augmented reality app that lets users digitally preview the effects of tile, wallpaper, and paint changes to homes, for an undisclosed sum. In a blog post, Primer said it was "excited to have the opportunity to realize" its "foundin
Roblox (NYSE: RBLX) has attracted a stampede of bulls since its direct listing in March. The gaming company's stock opened at $64.50 on its first trading day, well above its reference price of $45, and subsequently advanced to the low $90s -- even as many high-growth stocks lost
Here's some food for thought: The stock market, as measured by the S&P 500 index, surged about 31.5% in 2019, followed by an 18.4% increase in 2020 -- and at the time of this writing, it's up a further 13.3%.
As the economy recovers from the effects of the pandemic, businesses across the country are reporting difficulty hiring employees and a shortage of workers. Some have left to work for themselves, others have quit simply to recapture some life-work balance. There has been concern
It's tempting to assume megacap companies like Microsoft (NASDAQ: MSFT) are unlikely to outperform the market over the long haul simply because they're already so big. But what some investors may miss is that even a mature company can continue rewarding shareholders over the long
Indonesian e-commerce firm Bukalapak is keen to raise as much as $800 million in an IPO in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought lustre to the local bourse.