Wall Street's main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors.
Fortune released its annual Fortune 500 rankings this week, listing the largest companies by revenue generated last year. Amazon.com (NASDAQ: AMZN) was able to pull off a major coup: The e-commerce behemoth has leapfrogged Apple (NASDAQ: AAPL) to become the No. 2 company behind
Wall Street was set to open sharply higher on Wednesday as investors clung to hopes of a recovery from a coronavirus-fuelled slump amid signs of more stimulus for ailing sectors, while retailer Lowe's jumped on upbeat quarterly results.
U.S. stock index futures climbed on Wednesday as investors clung to hopes of a recovery from a looming coronavirus-fuelled recession amid signs of more central bank and government stimulus for ailing sectors.
What happened
Shares of Spotify Technology (NYSE: SPOT) jumped more than 8% on Tuesday after the digital music company announced a blockbuster partnership.
For a company known for having cohesive long-term visions, Apple (NASDAQ: AAPL) has spent years fumbling its video-streaming strategy. You might recall that Apple originally bundled original content with Apple Music, a music-streaming service. One of the early projects was a sho
The S&P 500 was largely unchanged on Tuesday, after a strong rally in the prior session, as investors sifted through a mixed batch of results from major retailers including Walmart and Home Depot.
GameStop (NYSE: GME) business was hurting even before the COVID-19 outbreak, so a pandemic bursting on the scene that closed all nonessential retail should have brought it to its knees, if not killed it off.
Apple (NASDAQ: AAPL) has begun to purchase TV shows that are no longer on the air and older movies in an effort to provide more compelling reasons for consumers to subscribe to the Apple TV + service.
The S&P 500 was trading flat on Tuesday, handing back some gains from a strong rally in the previous session, as investors digested a mixed set of quarterly results from retailers including Home Depot and Walmart.
Broadcom's (NASDAQ: AVGO) stock has more than doubled over the past five years as the chipmaker, formerly known as Avago, expanded via a series of major acquisitions. Avago bought Broadcom for $37 billion in 2016, assumed its name, and relocated its legal address from Singapore
Many active investors buy stocks on the hope of scoring outsize returns by purchasing the next Apple or Tesla. They also might remember eras such as the dot-com bubble or the housing boom and assume that investing is a path to easy money.
Sony Corp will turn its financial arm, Sony Financial Holdings Inc, into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported on Tuesday.