The Nasdaq surged to an all-time high on Monday as investors piled into technology stocks after fresh COVID-19 restrictions brought back the focus to the economic impact of the pandemic, while the blue-chip Dow fell after a four-day winning streak.
What happenedShares of Tesla (NASDAQ: TSLA) are continuing their upward momentum this week. The stock soared past $600 to a new all-time high, pushing the electric-car maker's market capitalization to almost $600 billion. Shares rose as much as 5.2% on Monday but were up about 4.
Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies, the U.S. Treasury Department said in a statement on Monday after a virtual meeting of the officials.
The Nasdaq index extended a rally to hit a record high on Monday as investors piled into big technology stocks on worries over the short-term hit to the economy from COVID-19 restrictions, while energy shares tumbled on lower oil prices.
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".
Zoom Video Communications (NASDAQ: ZM) was one of the hottest growth stocks of 2020. The video conferencing platform provider's stock started the year trading in the high $60s but skyrocketed to nearly $570 a share by October after the pandemic turned the company into a household
Chinese e-commerce company JD.com Inc said on Saturday it has become the country's first virtual platform to accept Beijing's homegrown digital currency.
The U.S. Department of Justice (DOJ) filed a lawsuit against Facebook (NASDAQ: FB) on Thursday, alleging that the company favored foreign workers with temporary immigration status over native-born U.S. applicants. The DOJs civil rights department charged that holders of H1-B visa
Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU privacy watchdog said on Friday.
Unless you work in the accounting industry, you've probably never heard of BlackLine (NASDAQ: BL). That shouldn't stop investors from checking out the cloud-based platform that continues to deliver enviable results. The company has tools that help automate the process of period-e
Whether you've been investing for a few months or a few decades, you've witnessed a number of Wall Street firsts in 2020. You've navigated your way through the quickest bear market decline of at least 30% for the broad-based S&P 500. You've also reveled in the fastest rebound
PayPal Holdings (NASDAQ: PYPL) recently joined Square (NYSE: SQ) in allowing its users to buy, sell, and hold cryptocurrencies. But this could just be the starting point, as PayPal plans to allow users to pay with digital currencies at its 26 million merchant partners. In today's
The U.S. Justice Department accused Facebook Inc on Thursday of discriminating against U.S. workers, saying in a new lawsuit the social media giant has given hiring preferences to temporary workers, including those who hold H-1B visas.
Facebook (NASDAQ: FB) has already seen a partial exodus of large companies this year. The #StopHateforProfit boycott that began in July and attracted big-name brands like Clorox, Verizon, and Coca-Cola put a dent in Facebook's revenue growth in the third quarter. It also delivere
Facebook Inc on Thursday said it would remove false claims about COVID-19 vaccines that have been debunked by public health experts, following a similar announcement by Alphabet Inc's YouTube in October. [nL1N2H50OC]
As Apple (NASDAQ: AAPL) begins sales of 5G devices and ramps up for the holiday season, investors have good reason for optimism. Amid the shifts in workloads brought about by COVID-19, demand for Apple devices has increased on many fronts.However, the stock has also risen signifi
Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe to widen the digital payments platform's access to capital to fuel its growth.
A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday.
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