The S&P 500 hit a record high on Thursday and the Nasdaq was at a seven-week peak, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to remain ultra-dovish until the economic recovery is more secure.
The S&P 500 and the Nasdaq were set to open higher on Thursday, buoyed by tech-related stocks, a day after the Federal Reserve reiterated its pledge to remain ultra-dovish until an economic recovery is more secure.
The COVID-19 recession was abrupt and painful, but many tech companies weathered the storm as stay-at-home measures, remote work, and online education drove demand for their products and services.However, many tech stocks are now declining as investors pivot toward value stocks a
GameStop Corp, which has been part of a recent Reddit-driven trading frenzy, said on Thursday it intends to elect Ryan Cohen, the videogame retailer's biggest shareholder and board member, as chairman following its annual meeting.
Futures tracking the Nasdaq jumped about 1% on Thursday, as tech-related stocks climbed ahead of weekly jobless claims data, while reassurance that the Federal Reserve will maintain its ultra dovish stance for a longer period supported sentiment.
Last week, the U.S. Army announced that it had finalized a $21.9 billion deal to have Microsoft (NASDAQ: MSFT) provide 120,000 augmented-reality (AR) headsets for its troops over the next 10 years. Investors have responded enthusiastically, bidding Microsoft stock up by more than
Apple Inc said it plans to argue that it faces abundant competition in the market for video game transactions to defend itself against antitrust allegations by "Fortnite" maker Epic Games, the iPhone maker said on Thursday.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Microsoft Corporation (Symbol: MSFT), where a total volume of 206,048 contracts has been traded thus far today, a contract volume which is representative of appr
When looking for stocks to build a portfolio, investors should look for a plausible path to long-term expansion at a reasonable price. However, investors do not have to overpay or settle for meager growth to find such companies. BJ's Wholesale (NYSE: BJ), International Business M
Augmented reality (AR) software, which projects digital images onto real-world surfaces, could represent the next frontier in computing. Advanced AR apps often use 3D-sensing cameras, computer vision chips, artificial intelligence (AI) algorithms, and cloud services to digitally
SoftBank Group Corp's Vision Fund 2 and private equity firm Tiger Global Management have invested in Redis Labs, a real-time cloud analytics platform provider, in a late-stage funding round valuing the firm at over $2 billion.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P 500— ETF Trust (Symbol: SPY) where we have detected an approximate $974.7 million dollar inflow -- that's a 0.3% increase
The S&P 500 and the Dow ticked higher on Wednesday, with financial stocks leading gains ahead of minutes from the Federal Reserve's last meeting that could offer clues on the central bank's views on inflation and an economic recovery.
Redis Labs, a real-time cloud analytics platform firm, said on Wednesday it has raised $110 million in its Series G round from investors including SoftBank Group Corp's Vision Fund, valuing the firm at over $2 billion.
Intel Corp on Tuesday introduced its newest flagship data center microprocessor, hoping its in-house manufacturing operations will help it navigate a chip shortage to better compete against rival Advanced Micro Devices Inc's (AMD) faster chips.
Blockchain is a record-keeping system first developed by the pseudonymous creator of Bitcoin, Satoshi Nakamoto. The premise is simple: Transactions are grouped into blocks, validated by miners, and stored in a chronological "chain" across all nodes (computers) in a network. This
Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday.
Sarcos Robotics Inc said on Tuesday it will go public through a merger with a blank-check firm backed by former Credit Suisse USA chief Brian Finn, in a deal valuing the combined company at $1.3 billion.