What happened
Shares of Microsoft (NASDAQ: MSFT) rose 10% in August, according to data from S&P Global Market Intelligence. The cloud computing leader surged after Microsoft confirmed it was in talks to acquire the U.S. operations of TikTok -- the hit short-video social net
U.S. stock index futures jumped on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.
The market for companies going public has been heating up this year on the heels of the rapid-fire bear market and subsequent recovery. After losing 30% of its value between mid-February and late March, the tech-heavy Nasdaq has led the recovery, gaining a remarkable 67% since h
On Sept. 8, the S&P 500 Index (SNPINDEX: ^GSPC) continued to tumble lower, with today's 95-point decline erasing 2.8% in value. That marks the third-straight session where the index, which makes up about 80% of the market value of all U.S. stocks, finished lower. In total,
What happened
Technology stocks' September sell-off continued on Tuesday. By the close of trading, shares of Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Salesforce.com (NYSE: CRM) were all down more than 5%.
U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off to send the Nasdaq into correction territory, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.
U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.
The impact of Apple (NASDAQ: AAPL) kicking out Fortnite from the App Store may be far greater than what developer Epic Games imagined when it stirred up a hornet's nest by challenging Apple's commission fee structure.
U.S. stocks dropped for a third straight session on Tuesday as a sell-off in high-flying technology names continued from the prior week, while Tesla was poised for its worst day in nearly six months after the stock was passed over for inclusion in the S&P 500.
The Nasdaq tumbled on Tuesday as a sell-off in high-flying technology stocks extended to a third straight day, while Tesla tracked its worst day in nearly six months after investors were caught off guard by the stock being left out of the S&P 500.
Top oilfield service provider Schlumberger NV said Tuesday it will tap technology from International Business Machines Corp to bring oilfield software to countries such as Saudi Arabia and Russia that have strict data sovereignty laws.
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.
Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom, to a list of internet-based businesses that must pay a 10% value-added tax on sales.
Chinese video app TikTok, owned by Chinese company ByteDance, will be joining the European Union's voluntary code of conduct to combat illegal hate speech online, the European Commission said on Tuesday.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
The coronavirus pandemic has wreaked havoc on the U.S. economy, and pushed the country's unemployment levels up to historic highs in a matter of months. Many businesses are still reeling from the effects of the virus, but some tech stocks have actually thrived during this time.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.