Shares of TikTok U.S. suitors Microsoft Corp, Oracle Corp and Walmart Inc fell on Monday after China's move to restrict some technology exports spurred worries Beijing might block any deal for the video app's U.S. assets.
In recent trading, shares of Microsoft Corporation (Symbol: MSFT) have crossed above the average analyst 12-month target price of $227.60, changing hands for $228.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
The S&P 500 was set to open at a record high on Monday for the sixth straight session, as bets on an economic revival due to prolonged central bank support put it on course for its best August in decades.
Another month is in the books, and it was a good one. The S&P 500 is up over 7% so far in August, bringing the total rally from the index's March low to almost 57%.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Forty percent of Americans back President Donald Trump's threat to ban videosharing app TikTok if it is not sold to a U.S. buyer, according to a Reuters/Ipsos national poll, suggesting that many support the effort to separate the social media upstart from its Chinese parent.
China's new rules around tech exports mean ByteDance's sale of TikTok's U.S. operations could need Beijing's approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment.
Nintendo (OTC: NTDOY) delivered robust growth in sales and profits during the pandemic, and that has sent the stock to multiyear highs. A combination of shelter-in-place dynamics and new game releases was a perfect storm for the classic gaming brand. While the Sony PlayStation
The ongoing COVID-19 pandemic has acted as a catalyst for societal change. Brick-and-mortar retailers are shifting even more to e-commerce, IT companies are scrambling to develop work-at-home solutions for their employees, and biotech giants have entered a race to find a cure fo
There's no getting around it: Tesla (NASDAQ: TSLA) has been an insanely good investment, generating enormous returns for investors willing to hold through all the noise and distractions, not to mention the potential implications of a global recession. Moreover, it's not just hyp
In this episode of MarketFoolery, host Chris Hill chats with analyst Emily Flippen about the latest headlines and earnings reports from Wall Street. They discuss three companies: a customer relationship management specialist, a sporting goods retailer, and a multinational lifest
Investment firm Centricus Asset Management Ltd and social media app Triller Inc have not submitted an offer for the TikTok assets that China's ByteDance is seeking to a divest, a spokesman for the short video app said on Friday.
Walmart Inc could turn into an online advertising leader if its plan to acquire popular short-form video app TikTok goes through, analysts said on Friday.
Wall Street advanced on Friday pushed higher by technology stocks, with the S&P 500 on track for its sixth record closing high since confirming a bull market on Aug. 18.
Walmart (NYSE: WMT) became the surprise frontrunner in the race to acquire TikTok after partnering with Microsoft (NASDAQ: MSFT), but it actually had plans to be the lead buyer of the online video-sharing site.
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