Bearish sentiment brought a surprise takedown across the board today, and although they closed higher than their session lows, the results are naught but ugly: the Dow sold off -1063 points or -3.12%, the S&P 500 was -153 points or -3.56%, the Nasdaq was hit the harde
Britain will give statutory powers to a new technology regulator so it can enforce pro-competition rules and prevent tech giants including Google and Facebook from using their dominance to push out smaller firms and disadvantage consumers.
U.S. stocks ended Thursday sharply lower amid a broad sell-off, as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike the previous day would not be enough to tame surging inflation.
The NASDAQ 100 After Hours Indicator is up 41.18 to 12,891.73. The total After hours volume is currently 69,628,676 shares traded.The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is +0.96 at $313.96, with 9,140,254 shares tr
The major indexes wiped out yesterday's relief-rally gains and then some Thursday in a market-wide rout as Wall Street took a more sober look at the investing landscape.
U.S. stocks closed Thursday sharply lower as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike would not be enough to tame surging inflation.
What happened
Shares of Apple (NASDAQ: AAPL), Meta Platforms (NASDAQ: FB), and Salesforce.com (NYSE: CRM) were plunging today, down 5.6%, 6.8%, and 7.9%, respectively, as of 2:05 p.m. ET. There wasn't any material news out of these companies today, although Apple did announce it
It’s been an exciting earnings season so far. Whether investors have been bullish or bearish, there have been opportunities to capture some gains on both sides of the table. However, it seems that a bearish stance has been more prosperous, as we’ve witnessed in some of th
Wall Street's main indexes tumbled on Thursday as investors fretted the Federal Reserve's rate hike might not be enough to bring inflation under control and the U.S. central bank might need to take more drastic action.
Wall Street's main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve's less hawkish tone failed to ease investors' expectations of bigger interest rate hikes this year to tame surging inflation.
The Nasdaq plunged 4.6% and the other major indexes tumbled on Thursday, as Federal Reserve Chair Jerome Powell's less hawkish tone failed to ease investor expectations of bigger interest rate hikes this year.
In this week’s World Reimagined, we are looking at a few of the companies and technologies working to bring you just that, be it through augmented reality (AR), virtual reality (VR) or mixed reality (MR).
Apple (NASDAQ: AAPL) is one of the largest companies in the world, but that does not preclude it from experiencing supply-chain problems. One of the lingering effects of the coronavirus pandemic is disrupted supply chains. Depending on the region where an infection rate is on the
After the company delivered yet another disappointing quarter to kick off 2022, investors have raced to dump shares of the popular video streaming provider Netflix (NASDAQ: NFLX). The company enjoyed a massive bull run throughout the pandemic, owing to stay-at-home orders, but ha
Worldwide sales of smartphones continue to weaken. While the pandemic and subsequent supply chain problems make it difficult to jump to sweeping conclusions based on recent smartphone market data, we're still nowhere near 2016's frenzied level of buying. And no matter how you sli
The iShares U.S. Technology ETF (IYW) was launched on 05/15/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.
Tech and financial companies leading efforts to cut climate changing emissions are finding a new challenge from remote work: the CO2 spewing out of home offices.
Europe's antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards Big Tech to prevent companies taking advantage of enforcement gaps.
Taiwan's exports likely rose for the 22nd straight month in April but at a slower pace than in March, boosted by sustained demand for chips and hi-tech goods, a Reuters poll showed.
Facebook owner Meta Platforms Inc on Wednesday gave an early glimpse of its first physical store, which features a floor-to-ceiling screen for showing off games on its virtual reality headsets and rooms for testing video calling devices.