HONG KONG (Reuters Breakingviews) - China's Kingsoft Cloud will be a breath of fresh air for New York. Xiaomi boss Lei Jun wants to float his cloud venture on the Nasdaq at a valuation of up to $3.6 billion. The debut will test investor appetite a month after a fraud at
Wall Street's main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.
Wall Street's main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.
With live events canceled around the world amid the COVID-19 pandemic, Microsoft (NASDAQ: MSFT) is turning to the Internet to get the word out about its Xbox developments.
Wall Street's main indexes rallied on Tuesday as healthcare stocks jumped, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was rallying on Tuesday, up 1.35% by 11:20 a.m. EDT. Optimism about the reopening of the U.S. economy could be playing a role, but there are still plenty of reasons to be pessimistic in the short term. One reason: A model often
Wall Street's main indexes jumped on Tuesday as a recovery in oil prices lifted battered energy stocks and a slew of countries eased coronavirus-induced restrictions in an attempt to revive their economies.
Microsoft (NASDAQ: MSFT) recently inked a five-year cloud deal with Coca-Cola (NYSE: KO), in which the beverage maker will standardize its business operations with Microsoft's Azure, Dynamics 365, and Microsoft 365 services.
ZURICH (Reuters Breakingviews) - Calamity creates opportunity. That has always been true when it comes to corporate consolidation. Recall how a series of mega-mergers and acquisitions transformed the banking industry after the 2008 financial panic. Wells Fargo snagged Wa
ServiceNow Inc and Adobe Inc said on Tuesday they will make their software systems work together in an effort to improve apps used by customer service representatives.
Asian stocks rose on Tuesday, tracking a late Wall Street rally as governments eased coronavirus lockdowns while oil extended gains on expectations fuel demand would begin to pick up.
Asian stocks rose on Tuesday, tracking a late Wall Street rally as governments eased coronavirus lockdowns while oil extended gains on expectations fuel demand would begin to pick up.
A late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing coronavirus restrictions and prospects of an economic recovery, overcoming concerns about renewed Sino-U.S. trade tensions.
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
The Dow pared a 250-point deficit at its session lows to finish marginally higher in the final minutes of trading. The S&P 500 and Nasdaq also clawed their way into the black, brushing off anxieties over newly bubbling tensions between the U.S. and China, as well as a dism