The financial sector has been one of the most beaten-down portions of the stock market since the COVID-19 pandemic began. So far in 2020, the Financial Select Sector ETF (NYSEMKT: XLF) is still down by 21%, compared with the broad S&P 500 index, which has recouped its earlie
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett may be taking some heat for underperforming the benchmark S&P 500 over the last decade, but there are few, if any, investors who can match his performance over the past 55 years. Through the end of 2019, Berksh
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
Apple Inc supplier LG Display Co Ltd reported its sixth consecutive quarterly operating loss on Thursday, as people shied away from buying TV sets during the pandemic, leaving panel prices weak.
Apple Inc supplier LG Display Co Ltd reported its sixth consecutive quarterly operating loss on Thursday, as people shied away from buying new TV sets in the middle of the pandemic and panel prices remained weak.
French-Italian chipmaker STMicroelectronics raised its full-year net revenue guidance on Thursday, citing improved market conditions, new products and engaged customer programmes.
French-Italian chipmaker STMicroelectronics raised its full-year net revenue guidance on Thursday, citing improved market conditions, new products and engaged customer programmes.
SK Hynix, the world's No.2 memory chip maker, said on Thursday its quarterly operating profit tripled, beating analysts' forecasts, as demand for cloud services and online education amid the COVID-19 pandemic drove up chip prices.
SK Hynix, the world's No.2 memory chip maker, posted a 205% rise in quarterly operating profit on Thursday as demand for cloud services and online education amid the COVID-19 pandemic drove up chip prices.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has benefited greatly from the success of its technology components recently. From day to day, though, that influence ebbs and flows. On Wednesday, neither the Composite nor the Nasdaq-100 index was able to keep pace with the Dow Jones I
Apple (NASDAQ: AAPL) made good on a long-standing promise on Wednesday to allow security researchers to probe the iPhone for security vulnerabilities. The company will provide modified iPhones specifically designed to allow hackers to search for flaws in the device's iOS mobile
In recent years, Apple (NASDAQ: AAPL) has been making steady progress in the enterprise, partnering with companies including IBM, SAP, and Cisco, among others, to expand its enterprise offerings. Corporate bring-your-own-device (BYOD) programs have also been proliferating, givin
Republicans on the U.S. House Judiciary Committee said Wednesday they want Twitter chief executive Jack Dorsey to appear at a hearing next week of major technology companies.
In today's episode of Industry Focus: Financials, Fool.com contributor Matt Frankel, CFP, interviews Harit Talwar, global head of consumer banking at Goldman Sachs (NYSE: GS). Talwar discusses how the COVID-19 pandemic has affected the bank's business and future growth plans, gi
The stock of Apple (NASDAQ: AAPL) device management software provider Jamf (NASDAQ: JAMF) surged out of the gate on its first day as a public company on Wednesday, soaring as much as 91% (not a typo) in the minutes after it began trading on the Nasdaq stock exchange.
Italy's antitrust authority said on Wednesday it had opened an investigation into whether Apple Inc and Amazon Inc had engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones.
The video game industry has long been an obvious potential player in virtual reality (VR) content development. But as far as the VR industry has grown, it has been led by small developers and independent game studios that create one-off games specifically for VR, not by typical
It might not be nearly as bad as the Indian smartphone market, which got cut in half last quarter, but the U.S. smartphone market also got crushed due to the COVID-19 pandemic and related lockdowns. Total sell-through unit volumes declined by 25% in Q2, according to estimates re
Italy's antitrust authority said on Wednesday it had opened an investigation into whether Apple Inc and Amazon Inc had engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones.
Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.