Technology stocks dragged Wall Street's main indexes lower on Friday on the back of Sino-U.S. tensions and fears over rising U.S. COVID-19 cases, putting the S&P 500 on track to erase all of its gains for the week.
Wall Street's main indexes dropped on Friday as Sino-U.S. tensions and fears over rising COVID-19 cases weighed on investor sentiment, erasing all gains for the benchmark S&P 500 index this week.
Video game play during the coronavirus pandemic is already at a fever pitch, and Microsoft (NASDAQ: MSFT) looks like it wants to raise temperatures even further. It just unveiled a raft of new game titles that will be available for its next-gen Xbox Series X console scheduled to
Verizon Communications (NYSE: VZ) has called on Microsoft (NASDAQ: MSFT) to help in its efforts to deliver Internet of Things (IoT) functionality to the world.
IBM's (NYSE: IBM) stock recently popped after the tech giant posted its second-quarter earnings. The rally likely surprised some investors, since its headline numbers were weak. IBM's revenue fell 5% annually to $18.1 billion, though still beat expectations by $400 million. Its
Sino-U.S. tensions and fears over mounting COVID-19 cases were set to weigh on Wall Street's main indexes at the open on Friday, while shares in Intel slumped after it flagged delays in developing new chip technology.
For the past few years, the clear star of the Microsoft (NASDAQ: MSFT) empire has been its cloud segment, with its Azure infrastructure-as-a-service segment growing extremely fast, and its software-delivered-as-a-service segment helping the core Office and Dynamics brands achiev
The euro suddenly looks unstoppable, hitting 21-month highs above $1.16 after the European Union set aside differences and agreed a COVID-19 recovery fund. This signal of solidarity, combined with monetary and budget stimulus, could propel the currency to $1.20, some predict.
With the year more than half over, the coronavirus continues to dominate the never-ending news cycle. Yet in the face of high unemployment and an uncertain future, Wall Street continues to press on, with the major indexes shaking off the bad news and climbing higher with each pa
Asian markets are set to open mostly lower on Friday as China vowed to retaliate against a U.S. order to close one of its consulates, and the American equity markets fell on gloomy data about its labor market.
The S&P 500 (SNPINDEX: ^GSPC) lost 40.4 points, or 1.2%, on July 23, breaking a streak of positive days in the second half of the month. Today's sell-off came after the Department of Labor reported that 1.42 million people filed for unemployment last week. That's 100,000 h
Cloud-storage specialist Box (NYSE: BOX) is teaming up with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) division Google Cloud to help their clients get more work done outside the traditional office environment.
Tech, a former champion off the coronavirus-ridden market, deepened its sell-off, weighing heavy on the broader market. The Dow plummeted over 350 points, as Microsoft (MSFT) and Apple (AAPL) both dropped over 4% in today's session. The Nasdaq and S&P 500 closed the day in
Wall Street dropped sharply on Thursday as investors fled market-leading tech shares due to mixed earnings reports and growing signs of a worsening coronavirus pandemic, which could exacerbate a deep economic recession.
The dollar slipped to an almost two-year low and gold rose further on Thursday as a gauge of global equities retreated on concerns about a potential probe of Apple Inc, which knocked the wind out of the high-flying tech sector.
In this episode of Industry Focus: Consumer Goods, Emily Flippen is joined by Fool contributor Dan Kline to discuss the latest innovations happening in the retail and consumer goods space. Innovations have been necessitated and have picked up pace because of the pandemic. Our ho