Technology stocks were well above their midday lows in late trade, with the SPDR Technology Select Sector ETF Thursday slipping 0.4% while the Philadelphia Semiconductor Index was falling 0.7% this afternoon.In company news, Ultra Clean Holdings (UCTT) slid 4% despite the chipmak
Wall Street stocks fell on Thursday as investors shifted out of big technology names, while an unexpected rise in weekly U.S. jobless claims pointed to a fragile recovery in the labor market.
The hackers behind the worst intrusion of U.S. government agencies in years won access to Microsoft's secret source code for authenticating customers, one of the biggest vectors used in the attacks.
Technology stocks were mostly lower, with the SPDR Technology Select Sector ETF Thursday slipping 0.8% while the Philadelphia Semiconductor Index was falling 1.0% this afternoon.In company news, Fastly (FSLY) tumbled more than 12% after Oppenheimer trimmed its price target for th
The U.S. Senate intelligence committee will hold a hearing next week on the recent hack against the United States with executives from SolarWinds, Microsoft, FireEye and CrowdStrike, it said in a statement on Thursday.
Wall Street's main indexes fell on Thursday as investors resumed a shift out of big technology-related firms, while an unexpected rise in weekly jobless claims pointed to a fragile recovery in the labor market.
Both Adobe (NASDAQ: ADBE) and Slack (NYSE: WORK) have benefited from pandemic-driven digitization, and each has outperformed the broader market over the last 12 months. But while Adobe is up 33%, shares of Slack have surged 69%.However, in December 2020, salesforce.com (NYSE: CRM
Wall Street's main indexes fell on Thursday as investors resumed a shift out of big technology-related firms, while an unexpected rise in weekly jobless claims pointed to a fragile recovery in the labor market.
After the markets close today, Dropbox (NASDAQ: DBX) will announce its fourth quarter and full-year 2020 results. The cloud storage and workflow management platform will update investors on its progress while also releasing details of how its financials fared in 2020.The company'
Wall Street's main indexes were set to open lower on Thursday as investors resumed a shift out of big technology firms, while an unexpected rise in weekly jobless claims underscored a fragile labor market recovery.
U.S. stock index futures fell on Thursday as investors resumed a shift out of big technology firms ahead of data that is expected to show a steady recovery in the labor market.
One narrative driving the incredible rally in Bitcoin (CRYPTO: BTC) over the past year is that the cryptocurrency is "digital gold." In other words, it's a store of value that can protect investors against inflation.Never mind that Bitcoin has no real track record of acting like
Word broke earlier this month that Amazon (NASDAQ: AMZN) CEO Jeff Bezos will relinquish his role, turning the reins over to Andy Jassy, chief of Amazon Web Services (AWS). Jassy's cloud computing experience has many investors drawing a parallel to Satya Nadella, who headed Micros
As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.
As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.
Should Investors Consider Buying These Top Software Stocks This Week? Software stocks are arguably one of the best performers in the stock market recently. They have brought substantial gains to investors who bet on them at the start of 2020. With increased corporate spending on
Microsoft Corp's said on Wednesday it was investigating technical glitches on its workplace messaging app Teams, after hundreds of users reported issues, mainly related to a delay in receiving messages.
The Nasdaq fell on Wednesday led by a slide in big technology firms as investors rotated out of growth stocks, while awaiting the release of minutes from the U.S Federal Reserve's January meeting later in the day.
Fortnite creator Epic Games has taken its fight against Apple to European Union antitrust regulators, ramping up it dispute with the iPhone maker over its App Store payment system and control over app downloads.