U.S. stocks rose on Monday after a two-day slide, as investors shrugged off surging COVID-19 cases and U.S.-China tensions, betting instead on more stimulus and a dovish signal from the Federal Reserve to revive a battered domestic economy.
Facebook Inc said on Monday it has delayed the release of its second-quarter results by a day to July 30 to allow Chief Executive Officer Mark Zuckerberg to appear for a rescheduled Congressional hearing.
Wall Street was set for a higher open on Monday after a two-day slide, as bets on more stimulus to revive a battered domestic economy lifted the mood ahead of a week packed with quarterly corporate updates from companies including Boeing and Apple.
U.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened the mood ahead of a busy week for quarterly earnings reports from companies including Boeing and Apple.
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.
As of this writing, Apple is the world's most valuable public stock with a market capitalization of $1.60 trillion -- part of the "trillion-dollar club" that includes Microsoft, Amazon, and Google parent Alphabet. For all four stocks, it's been a wildly profitable ride, but it w
Chip giant Intel (NASDAQ: INTC) reported second-quarter results last week, and the release included the bombshell announcement that the company's 7-nanometer processors would be delayed by approximately six months. Those chips were initially scheduled to launch in late 2021, so
Smartwatches are rising in popularity, and that trend is likely to continue, especially as they gain more features. One industry that could benefit the most from wearables is healthcare, where smartwatches could change the way doctors monitor and keep track of patients, all whil
The second quarter earnings season ramps up this coming week with results expected from technology heavyweights Apple (AAPL), Amazon (AMZN) and Google parent Alphabet (GOOG, GOOGL).
Warren Buffett once said, "The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd." Indeed, one of the greatest investors you've never even heard of is an
The current COVID-19 recession is leading to an interesting investing environment. While unemployment has skyrocketed past the levels of the 2008-2009 recession, the government has also responded with unprecedented stimulus. Meanwhile, the peculiar nature of the pandemic may act
A congressional hearing on digital marketplace competition featuring the chief executives of four of the largest American tech companies has been rescheduled for Wednesday, a House subcommittee said on Saturday.
I think most banking experts would agree that Goldman Sachs' (NYSE: GS) digital bank Marcus has been very successful. The consumer banking platform offers high-yield savings accounts that pay an annual percentage yield (APY) four times higher than the national average. Marcus al
As we all know, Apple is one of the most successful companies of all time. Since its initial public offering in 1980, its shares have gone on to appreciate almost 1,000 times over -- and that's not even including dividends, which Apple has been paying since 2012.
From what you've heard in the news, you might get the idea that investors who use the Robinhood trading app don't stand a chance of making money. It's true that some day traders use Robinhood as their platform, and some of their favorite stock picks leave much to be desired.
The S&P 500 Index (SNPINDEX: ^GSPC) closed down 20 points, or 0.62%, on July 24, a second-straight sell-off to close the week lower than it started for the first time in almost a month. Today's decline was driven by worries that tensions between the U.S. and China are risin
A U.S. congressional hearing scheduled for next week to question the chief executives of Facebook Inc Amazon.com Inc Google parent Alphabet Inc and Apple Inc has been officially delayed, the Judiciary Committee said on Friday.
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.
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