The S&P 500 and the Dow rose on Wednesday, while the Nasdaq lagged as investors shifted out of technology and into cheaper sectors that are poised to benefit from an eventual economic recovery.
The S&P 500 and the Dow rose on Wednesday as jobless claims unexpectedly fell last week, while the Nasdaq retreated from a record high close on losses in heavyweight technology stocks.
Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) Google has been under fire. In spite of its work organizing the world's data and being a "helpful" tech company, it was a tough year for online advertising because of the pandemic. An antitrust lawsuit was also filed, claiming Google has t
In the last decade, the biggest change in the U.S. economy has been the rapid adoption of e-commerce. Once considered a mere curiosity, digital is quickly becoming the preferred shopping method for many Americans. Partially fueled by the pandemic, retailers that invested in the d
Polish video game maker CD Projekt SA said it sold more than 13 million copies of its Cyberpunk 2077 game through Dec. 20, below analyst forecasts, hurt in part by refunds demanded by players who complained it was littered with bugs.
Polish video game maker CD Projekt SA on Tuesday said it sold over 13 million copies of its Cyberpunk 2077 game through Dec. 20, taking into account refunds demanded by players who complained it was littered with bugs.
NVIDIA (NASDAQ: NVDA) and AMD (NASDAQ: AMD) have been two of the hottest semiconductor stocks of 2020. Both stocks more than doubled, and easily outpaced the Philadelphia Semiconductor Index's gain of roughly 50%. But should investors expect NVIDIA and AMD to continue outperformi
GameStop's (NYSE: GME) activist investor, Ryan Cohen, founder of online pet supplies leader Chewy, upped his stake in the video game retailer to almost 13%, according to an SEC filing last week. But Cohen says he's not going to be making any waves -- at least not yet.Cohen's RC V
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares S&P 500 Growth ETF, which added 55,900,000 units, or a 11.0% increase week over week. Among the largest underlying components of IVW,
In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.9%. Year to date, Apple registers a 81.5% gain.
LONDON (Reuters Breakingviews) - Big Tech will go shopping for computer games in 2021. Alphabet-owned Google and Amazon.com are trying to muscle into the $175 billion industry by letting people play games on any screen for a monthly fee,
The Indian parent of a TikTok copycat has raised more than $100 million from investors including Alphabet Inc's Google and Microsoft, months after the Chinese-owned short-video app was banned in the country.
The parent of a TikTok copycat from India has raised more than $100 million from investors including Alphabet Inc's Google and Microsoft, months after the Chinese-owned short-video app was banned in the country.
Dozens of email accounts at the U.S. Treasury Department were comprised by the powerful hackers responsible for a wide-ranging espionage campaign against U.S. government agencies, the office of U.S. Senator Ron Wyden said on Monday.