U.S. stocks dropped for a third straight session on Tuesday as a sell-off in high-flying technology names continued from the prior week, while Tesla was poised for its worst day in nearly six months after the stock was passed over for inclusion in the S&P 500.
The Nasdaq tumbled on Tuesday as a sell-off in high-flying technology stocks extended to a third straight day, while Tesla tracked its worst day in nearly six months after investors were caught off guard by the stock being left out of the S&P 500.
Top oilfield service provider Schlumberger NV said Tuesday it will tap technology from International Business Machines Corp to bring oilfield software to countries such as Saudi Arabia and Russia that have strict data sovereignty laws.
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.
Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom, to a list of internet-based businesses that must pay a 10% value-added tax on sales.
Chinese video app TikTok, owned by Chinese company ByteDance, will be joining the European Union's voluntary code of conduct to combat illegal hate speech online, the European Commission said on Tuesday.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
The coronavirus pandemic has wreaked havoc on the U.S. economy, and pushed the country's unemployment levels up to historic highs in a matter of months. Many businesses are still reeling from the effects of the virus, but some tech stocks have actually thrived during this time.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
The Pentagon on Friday reaffirmed its decision to give Microsoft (NASDAQ: MSFT) a massive $10 billion cloud computing contract, but runner-up Amazon (NASDAQ: AMZN) has vowed to press on against what it called a "politically corrupted contract award."
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Jason Moser and Andy Cross about the latest headlines and quarterly reports. They have news on a surprising potential acquisition, impressive results in the CRM and SaaS space, some stocks hitting a
Today was better than yesterday for the S&P 500 (SNPINDEX: ^GSPC) index, which finished better than it looked for most of the trading day. The index closed down 28 points, or 0.81%, but was down more than 2% for most of morning trading. A late-day rally actually had the ind
The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery.
The NASDAQ 100 After Hours Indicator is down -52.23 to 11,569.9. The total After hours volume is currently 110,881,732 shares traded.The following are the most active stocks for the after hours session: Apple Inc. (AAPL) is -0.82 at $120.14, with 4,952,996 shares traded. Over th
The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery.
The U.S. Defense Department said on Friday it has completed a comprehensive re-evaluation of its $10 billion JEDI cloud computing contract proposals and determined that Microsoft Corp's submission continues to represent the best value for the government.
The Nasdaq was on track for its worst two-day fall since mid-March on Friday as investors dumped heavyweight technology stocks, while concerns around a patchy economic recovery also hit the S&P 500 and the blue-chip Dow.
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