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The smartphone market is among many industries getting crushed by the coronavirus outbreak, registering its biggest decline ever in the first quarter after the pandemic simultaneously gutted supply chains and destroyed demand, with consumers fearing a potential recession on the
Store closures and supply chain disruptions on account of the COVID-19 pandemic have sent the global smartphone market into a tailspin this year. Worldwide smartphone shipments were down 11.7% year over year in the first quarter of 2020 to 275.8 million units, according to IDC,
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The Nasdaq 100 index retreated from an intraday record high on Thursday, with the S&P 500 and Dow Jones indexes also slipping as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out.
The S&P 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March.
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump.
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
Many people were shocked that a single company could be worth $1 trillion when Apple (NASDAQ: AAPL) achieved that milestone back in August 2018. Now Evercore analyst Amit Daryanani says the technology titan will be worth twice that amount within a few years' time.
Spain's lower house voted on Thursday to begin drafting a 3% tax on revenues of internet giants, the latest of such moves by U.S. trading partners that has spurred a U.S. investigation and could lead to punitive tariffs. [nL8N2DF58A]
Spain's lower house voted on Thursday to begin legislating a controversial tax on internet giants that has prompted the United States to open a probe which could lead to punitive tariffs. [nL8N2DF58A]
For the past five-plus decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been in a class of his own on the investing front. According to Berkshire Hathaway's annual letter to shareholders, released in February, the per-share market value of Buffett's
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was up again on Wednesday, despite a backdrop of a continuing pandemic, elevated unemployment, and widespread civil unrest in major U.S. cities. The Dow was up about 1.5% at 1:20 p.m. EDT.
Walmart Inc said on Wednesday it shifted firearms and ammunition out of sales floors of some U.S. stores amid nationwide protests over the death of an unarmed black man at the hands of police last week.
AT&T (NYSE: T) launched HBO Max last week with a couple big missing pieces: You can't watch it on Roku (NASDAQ: ROKU) devices or Amazon's (NASDAQ: AMZN) Fire TV products. Considering the two combine to account for about 70% of installed connected-TV streaming devices in the
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