The S&P 500 and the Nasdaq hit record highs on Wednesday as investors bought into technology stocks that have thrived during the COVID-19 pandemic following the upbeat quarterly results from Salesforce and HP Enterprise.
Stocks may be well up from their March lows, and in many cases are trading at record highs. The fact of the matter is, however, we're in a recession. The second quarter's GDP contraction is on the order of 30%, and while unemployment has somewhat pulled back from its April surge
The U.S. Department of Energy on Wednesday said it will provide $625 million over the next five years for five newly formed quantum information research hubs as it tries to keep ahead of competing nations like China on the emerging technology.
Data analytics company Palantir Technologies filed to go public late Tuesday, shedding some light on the finances of the Peter Thiel-backed company best known for working with government spy agencies and other clandestine customers.
It helps power video games; now its powering a big round of capital raising. Unity Technologies, a company whose core asset is the Unity "engine" upon which many games are built, has filed for an initial public offering (IPO).
5G will not only expand the market for RF semiconductor companies, but it will open up new markets for companies seeking to monetize their wireless IP patent portfolio.
While Take-Two Interactive Software (NASDAQ: TTWO) is best known for its hugely popular Grand Theft Auto (GTA) franchise, the company has slowly built out its stable of video games and parlayed that into a record-setting performance last year. Even in the wake of such tough comp
Snowflake, a cloud data management company, filed a preliminary S-1 with the Securities and Exchange Commission (SEC) yesterday in preparation for its initial public offering (IPO). It plans to trade on the New York Stock Exchange using the ticker symbol "SNOW." Since this is th
(RTTNews) - Microsoft is set to use the latest technology to transform the city of Houston under the "Accelerate" initiative to aid the economic recovery of the city by skilling both underserved communities and re-skilling the many Americans impacted by COVID-19 for high-demand
The Robinhood app has certainly made a name for itself in 2020. Despite several previous missteps, the investment trading platform has become a hit with millennials and younger investors, particularly in the wake of the record stock market plunge earlier this year. Unfortunately
TikTok, the wildly popular video-sharing service owned by China's ByteDance, is taking its grievance against the government to court. The company announced Monday that it has filed a lawsuit against the administration of President Trump, who earlier this month signed an Executiv
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in FedEx Corp (Symbol: FDX), where a total volume of 26,989 contracts has been traded thus far today, a contract volume which is representative of approximately 2.
Advanced Micro Devices (NASDAQ: AMD) has made deep inroads into rival NVIDIA's (NASDAQ: NVDA) graphics card dominance this year, recording impressive market share growth thanks to well-priced GPUs (graphics processing units) that have proved to be a hit among consumers.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was leading the stock market higher on Monday, up 1.05% at 11:35 a.m. EDT. The U.S. approved the emergency use of blood plasma obtained from recovered COVID-19 patients to treat the virus, and it is reportedly considering fast-t
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Microsoft is the #1 analyst pick. Microsoft is also a top tier analyst pick among the broader S&P 500 index components, claiming
TikTok said on Monday that "we simply have no choice" but to sue the Trump administration over U.S. President Donald Trump's executive order banning transactions in the United States with the popular short-form video-sharing app.
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