The dollar slipped to an almost two-year low and gold rose further on Thursday as a gauge of global equities retreated on concerns about a potential probe of Apple Inc took the wind out of the high-flying tech sector.
Wall Street retreated on Thursday as mixed earnings, a surprise increase in U.S. jobless claims and Washington's tug-of-war over stimulus measures fed risk aversion among investors.
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.
Multiple U.S. states are investigating Apple Inc for potentially deceiving consumers, online news site Axios reported on Thursday, citing a March document from a tech watchdog group.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was lower by lunchtime Thursday, down about 0.3% at 11:55 a.m. EDT. Congress is inching its way toward another stimulus package to support the economy amid the pandemic, but the recent surge in cases of COVID-19 is starting to s
Regulation intended to address the news industry’s problems with Google and Facebook could have adverse consequences, said outgoing New York Times Co Chief Executive Officer Mark Thompson in an interview this week.
Investors in Apple Inc (Symbol: AAPL) saw new options begin trading today, for the September 4th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAPL options chain for the new September 4th contracts and identified one put and one call
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $172.3 million dollar inflow -- that's a 2.5% increase week o
Graphics chip designer NVIDIA (NASDAQ: NVDA) is looking into a buyout bid for processor architecture designer Arm, currently owned by Japanese telecom SoftBank (OTC: SFTBY). Anonymous insiders talking to Bloomberg and CNBC said that NVIDIA has approached SoftBank with a proposa
China warned the U.S. to “think carefully" about where the relationship is heading and that it will be forced to respond after the U.S. ordered the shutdown of its Houston consulate.
Criticism of Apple's (NASDAQ: AAPL) 30% cut on digital sales in the App Store has intensified over the past year. Antitrust regulators are reportedly circling above, potentially preparing to launch formal investigations into the company's practices to determine if App Store poli
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.