Apple (NASDAQ: AAPL) recently agreed to buy NextVR, a California-based company that streams live events to augmented and virtual reality devices, for $100 million. NextVR holds over 40 patents for those technologies, but laid off roughly 40% of its staff after failing to secure
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $1.2 billion dollar inflow -- that's a 0.7% increase week over wee
The COVID-19 pandemic has created havoc for most industries and countries around the globe. But one area that is benefiting from this new remote reality is cloud computing.
What happened
Shares of Zscaler (NASDAQ: ZS) climbed 17.1% in March, according to data from S&P Global Market Intelligence. The cloud-security company's stock climbed as more businesses took their work digital and dramatically outperformed the broader market last month.
The Trade Desk (NASDAQ:TTD) is a fast-growing tech company that helps ad agencies and marketers optimize their digital ad spend. Listed in 2016, it has had a good run since its IPO, with revenue more than tripling while net profit surged by more than 500%. These numbers are i
BlackRock Inc, the world's largest asset manager, has partnered with Microsoft Corp to have its Aladdin investment and risk management system hosted on the Microsoft Azure cloud platform, the companies said on Tuesday.
Taiwan's cabinet has told government agencies to stop using Zoom Video Communications Inc's conferencing app, the latest blow to the company as it battles criticism of its booming platform over privacy and security.
The organizations that determine accounting standards -- the Financial Accounting Standards Board (FASB) in the U.S. and the International Accounting Standards Board (IASB) abroad -- are weighing potential changes for how publicly traded companies treat goodwill. When a company
Taiwan's cabinet has told government agencies to stop using Zoom Video Communications Inc's conferencing app, the latest blow to the company as it battles criticism of its booming platform over privacy and security.
What happened
The stock market rallied on Monday, and the Nasdaq is up nearly 5% in late morning trading. Yet one of the hottest "coronavirus stocks" -- companies investors have so far considered immune to the ill effects of the virus -- is falling.
Shares of Zoom fell 8% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and increased competition from deep-pocketed rivals.
The stock market jumped on Monday morning, buoyed by a drop in the number of new coronavirus cases reported in the U.S. on Sunday compared with levels in previous days. Despite warnings that the coming couple of weeks could be especially tough on the coronavirus front, investors