LONDON (Reuters Breakingviews) - Super-apps are associated with China’s internet giants and hot emerging market upstarts. As rivals like Facebook’s WhatsApp and old-world businesses like India’s Tata seek to burnish their all-in-one mobile application credentials,
The S&P 500 Index (SNPINDEX: ^GSPC) gained nearly 1.7% on Oct. 12, a huge day for the index that makes up some 80% of the entire U.S. stock market's value. With the exception of materials, every sector closed higher today, but tech did the heavy lifting. The Technology Selec
Central banks set out to regulate cross-border stablecoins like Facebook's planned Libra with a common approach on Tuesday, saying more rules may later be needed to ensure stability.
What happened
Shares of Chinese technology company WiMi Hologram Cloud (NASDAQ: WIMI) soared on Monday after an article by MobiusTrend Group highlighted the potential of technology interfaces between computers and the human brain. The stock finished up 34% for the day, although
Triller, a competitor to ByteDance's TikTok platform, could pursue an initial public offering (IPO) in the near future, according to a recent report from Reuters. With complications in the Trump administration's push to have China-based ByteDance sell ownership of the U.S. opera
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".
What happened
Shares of Pinterest (NYSE: PINS) were moving higher today after the image-discovery network got a bullish analyst note from Deutsche Bank. As of 11:05 a.m. EDT, the stock was up 3.2% after gaining as much as 5.6%.
What happened
Shares of cloud computing company Cloudflare (NYSE: NET) jumped on Monday, rising as much as 19.3%. As of 12:00 p.m. EDT, the stock was up about 15%.
Financial leaders of the world's seven biggest economies will say on Tuesday that they oppose the launch of Facebook's Libra stablecoin until it is properly regulated, a draft G7 statement showed.
Everybody's doing more online shopping these days, and that hasn't gone unnoticed by tech leaders. Facebook (NASDAQ: FB) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have expanded their shopping features over the last few months to capitalize on the trend.
The global economy could shed more than 1% of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the OECD said on Monday, after countries agreed to keep up negotiating to mid-2021.
It's been two years since I took the original FANG stocks -- Facebook (NASDAQ: FB), Amazon.com (NASDAQ: AMZN), Netflix (NASDAQ: NFLX), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- under the knife. I figured that Netflix and Amazon were undeniably rock stars, but
Pinterest (NYSE: PINS) is commonly viewed as just another social media platform. From an investing perspective, however, focusing on the basic social media premise misses the big picture. Investors should avoid comparing Pinterest to the likes of Twitter and Facebook, and instea
5G will finally get its U.S. closeup with the expected debut of Apple Inc's next iPhone on Tuesday. But the blazing speeds promised will not materialize for most people.
The global economy could shed more than 1% of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the OECD said on Monday, after countries agreed to keep up negotiating to mid-2021.
Despite doubling from its March lows of this year, at the current price near $52, we believe eBay’s stock (NASDAQ: EBAY) is undervalued. eBay’s stock has rallied from $26 to $52 off the recent bottom compared to the S&P 500 which has risen by 50% from its recent bottom
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