There was a lot to like in Apple's (NASDAQ: AAPL) blowout quarterly report on Thursday afternoon, but the meatiest morsel out of the tech bellwether is that it will execute a 4-for-1 stock split at the end of next month. It's a move that could prove to be contagious among its fe
Should little progress be made in Washington today, we suspect we will once again be closely watching the Sunday talk shows for hints for what could come next in terms of possible pandemic aid packages and their timing.
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.
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Futures tracking the Nasdaq 100 index jumped nearly 1% on Friday as tech titans Apple, Amazon.com and Facebook managed to deliver impressive quarterly earnings despite the COVID-19 pandemic that has crushed the wider U.S. economy.
COVID-19 has wreaked havoc on the economy, leading to difficult times for many businesses. But there's some good news on Wall Street this week. One subset of companies is putting up some impressive numbers: tech. The companies enabling digital transformations and providing servi
(RTTNews) - Amazon said it will invest more than $10 billion in satellite-based broadband services in the United States, following approval by the Federal Communications Commission (FCC) for the project.
European stocks rose on Friday, with technology shares leading the way after bumper earnings from Wall Street's big tech names and Nokia eased nerves about global growth amid surging coronavirus cases.
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in Germany and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.
European shares were largely flat on Friday after encouraging earnings updates from Nokia, BNP Paribas and others countered concerns about a global economic recovery as coronavirus cases surged globally.
Asian shares turned lower in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases darkened the mood, despite strong U.S. tech earnings and manufacturing recoveries in China and Japan.
SoftBank-backed online fashion retailer Zozo Inc's shares closed up 21% on Friday in their largest single-session gain, a day after reporting a 34% jump in first-quarter operating profit as Japanese consumers embrace online shopping.
Asian shares wobbled in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment, despite strong U.S. tech earnings and signs of manufacturing recovery in China and Japan.
SoftBank-backed online fashion retailer Zozo Inc's shares were untraded with a glut of buy orders on Friday, a day after reporting after a 34% jump in first-quarter operating profit as Japanese consumers embrace online shopping.
Apple's (NASDAQ: AAPL) common shares are about to get significantly cheaper, but not because they're tanking. Concurrent with the release of its third-quarter fiscal 2020 results on Thursday, the tech giant announced that it will split that stock 4-for-1.
Asian equities were set to rise on Friday after shares of Apple, Amazon and Facebook surged in extended trading on Thursday, with Alphabet also climbing, while the U.S. dollar continued to slide.
Amazon.com (NASDAQ: AMZN) reported powerful second-quarter 2020 results after the market close on Thursday. Shares are up 4.8% in Thursday's after-hours trading session, as of 5:27 p.m. EDT.
(RTTNews) - Amazon.com Inc. (AMZN) Thursday reported a second-quarter profit that doubled from a year ago, driven by revenues growth. Shares of the online retail giant gained nearly 5% after both earnings and revenues trumped estimates.
NEW YORK/HONG KONG/MILAN/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.