The COVID-19 pandemic is causing significant disruption to businesses around the globe. For most companies, these changes are mostly hurtful. Stay-at-home mandates and the closures of non-essential businesses slashed sales at companies that rely on a physical location.
Wall Street's main indexes headed for a lower open on Friday with the tech-heavy Nasdaq set to ease from an all-time high ahead of a round of U.S. business surveys for August.
Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are two tech giants that frequently find themselves in competition with one another. Microsoft founder Bill Gates said that beating Android in the mobile computing market was a "$400 billion mistake" he regrets
U.S. stock index futures ticked lower on Friday, a day after the tech-heavy Nasdaq closed at a record high, as investors awaited U.S. business surveys for more clues on the economy's health.
Swedish online fashion retailer Boozt raised its 2020 profitability forecast for a second time in two months on Friday, after second-quarter sales jumped as many shoppers stayed at home in the COVID-19 pandemic.
Asian equities were poised to rise on Friday after a tech-driven rally on Wall Street in which the Nasdaq hit a record high despite downbeat data that affirmed the Fed's dour outlook on U.S. economic recovery.
Two shareholders in self-driving car startup Zoox Inc have sued the company, alleging that a rival bid would have been better for common stockholders than a $1.3 billion offer from Amazon.com announced in June.
U.S. Treasury Secretary Steven Mnuchin said on Thursday he played no role in the selection of a supporter of President Donald Trump as the head of the U.S. Postal Service, even as a former official accused him of interfering in agency operations.
Major news publishers are seeking more favorable terms from Apple Inc on commissions the iPhone maker collects from them on payments made through its app store, according to a letter posted by a trade body on Thursday.
Nasdaq ended at a record high on Thursday, with the S&P 500 and Dow also rising, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve's view of a difficult road to economic recovery.
The U.S. dollar on Thursday afternoon was slightly lower on the day as rising technology stocks bolstered risk assets but held onto gains made Wednesday after less dovish-than-expected minutes from last month's U.S. Federal Reserve policy meeting lifted the greenback off a two-year low.
Nasdaq ended at a record high on Thursday, with the S&P 500 and Dow also rising, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve's view of a difficult road to economic recovery.
Oil prices fell, the dollar eased and equities rose, reversing earlier declines on Thursday as the near-term U.S. economic outlook dimmed and concerns mounted about excess crude stocks.
In this episode of MarketFoolery, host Chris Hill chats with analyst Emily Flippen about the latest headlines and earnings reports from Wall Street. Two leading retailers are hitting all-time highs after their quarterly results surpassed analysts' expectations. The duo discusses
The S&P 500 and Nasdaq advanced on Thursday, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve's view of a difficult road to economic recovery.