Samsung Electronics Co Ltd said on Thursday it expects a gradual recovery in demand for mobile devices and consumer electronics in the second half of the year, but risks remained due to coronavirus pandemic and growing competition.
Arizona is leading a multi-U.S. state investigation into whether Apple Inc's deliberate slowing of older iPhones violated deceptive trade practice laws, documents reviewed by Reuters on Wednesday showed.
At Wednesday's hotly anticipated congressional hearing on Big Tech CEOs, much of what they said was predictable: We're not that big; competition is fierce; consumers love us.
SAN FRANCISCO (Reuters Breakingviews) - Politicians love to throw mud at Silicon Valley, and sometimes it sticks. The chiefs of Apple, Amazon.com, Facebook and Google faced an array of silly questions at a Washington, D.C. hearing on Wednesday, but also encountered point
The market rallied today after the Federal Reserve said it would keep interest rates at historic lows in an effort to stimulate economic activity during the COVID-19 pandemic. The Nasdaq Composite (NASDAQINDEX: ^IXIC) climbed 141 points, or 1.4%.
U.S. stocks closed higher on Wednesday, adding to gains after the Federal Reserve repeated a pledge to use its "full range of tools" to support the economy but cautioned that the outlook "will depend significantly on the course of the virus."
Qualcomm Inc on Wednesday forecast fourth-quarter revenue largely above Wall Street expectations, powered by strong sales of its chips used in more lucrative 5G devices despite a weak overall smartphone market.
U.S. stocks added to gains on Wednesday after the Federal Reserve repeated a pledge to use its "full range of tools" to support the economy but cautioned that the outlook "will depend significantly on the course of the virus."
Arizona is leading a multi-U.S. state probe into whether Apple Inc's deliberate slowing of older iPhones violated deceptive trade practice laws, documents reviewed by Reuters on Wednesday showed.
U.S. stocks added to gains on Wednesday after the U.S. Federal Reserve repeated a pledge to use its "full range of tools" to support the economy for as long as it takes to recover from fallout of the pandemic.
U.S. stocks rose on Wednesday as a slew of positive earnings updates and hopes for assurances of continued support from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus relief plan.
U.S. stocks rose on Wednesday as a slew of positive earnings updates and hopes for assurances of continued support from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus support plan.
Wall Street recently learned that Warren Buffett invested another $800 million of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) capital in Bank of America (NYSE: BAC), and in this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel
Wall Street's main indexes rose on Wednesday as a slew of positive earnings updates and hopes for a dovish tone from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus support plan.
The CEOs of four of America's largest tech firms will testify before the U.S. Congress on Wednesday in a hearing that promises a healthy dose of political theater, while also offering a window into the thinking of lawmakers trying to rein in Big Tech.
Wall Street's main indexes were set to open higher on Wednesday as a slew of positive earnings updates and hopes for a dovish tone from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus support plan.
Financial conflict is a serious issue in a marriage and a leading cause of divorce in the United States. If you've just caught the investing bug and you happen to be married, it's important to keep this fact in mind. Ideally, you want to find happiness with your spouse instead
Spotify Technology SA said on Wednesday music streaming demand had rebounded from coronavirus-related weakness at the start of the quarter and its paid subscribers reached 138 million, ahead of Wall Street estimates.
Shares of Apple (NASDAQ: AAPL) have soared this year, even as the company suffered temporary supply shortages and store closures. The stock is up 27% year to date and 80% over the past 12 months. This crushed the market's returns. The S&P 500 fell 0.4% and rose 6%, respectiv