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U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the economy recovered to pre-pandemic levels in the second quarter.

U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level.

"It may be a matter of months, or more likely a few years," I wrote in September 2017, "but sometime soon a U.S. company will breach the trillion-dollar mark." By June 2021, to my pleasant surprise, all five companies I highlighted had become trillionaires.

The S&P 500 and the Dow rose to record highs on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level.

What happened Shares of Qualcomm (NASDAQ: QCOM) were up 5.5% as of 1 p.m. EDT on Thursday. Shareholders of the mobile-chip designer were benefiting from a better-than-expected quarterly earnings report the day before, as well as a rosy outlook for the summer quarter as the compan

(RTTNews) - Thursday, California-based tech giants, Apple Inc (AAPL) announced that the popular sound mixing app on their iOS and iPadOS platforms, GarageBand will see new inclusions to its library. The users will now have access to music from Dua Lipa and Lady Gaga among others

LinkedIn will allow employees to opt for full-time remote work or a hybrid option as offices gradually reopen, Chief People Officer Teuila Hanson told Reuters.

The global chip shortage that is hindering production forecasts of giant companies like Apple and Volkswagen is here to stay until the first half of 2023, the chief executive of STMicroelectronics said on Thursday.

The past year has been huge for exchange-traded funds (ETFs) – those increasingly popular low-cost securities that hold baskets of assets and trade like stocks.

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Global Tech ETF, which added 14,100,000 units, or a 17.9% increase week over week. Among the largest underlying components of IXN, in mor

The S&P 500 and the Dow indexes scaled record highs on Thursday as a slate of strong corporate earnings reports and data showing a pickup in U.S. economic growth reinforced optimism around a steady post-pandemic recovery.

Apple (NASDAQ: AAPL) reported blockbuster earnings results for its fiscal third quarter earlier this week, including a whopping 50% jump in iPhone revenue to $39.6 billion. The services segment continues its march into record territory, generating $17.5 billion in sales. Investor

The S&P 500 and the Dow indexes were set to rise on Thursday as a slate of strong corporate earnings reports and data showing a pickup in U.S. economic growth reinforced optimism around a steady post-pandemic recovery.

The global pandemic crushed the restaurant industry. And though national chains survived (some just barely), small independently owned restaurants were not so lucky. Many were defeated by the lockdowns mandating carryout or drive-thru orders only, and went out of business.

LinkedIn will allow most employees to opt for full-time remote work as offices gradually reopen, Chief People Officer Teuila Hanson told Reuters.

Led by Facebook, social media platforms from Alphabet's YouTube to Snap Inc and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during second-quarter results over the past week.

Futures tracking the Dow and the S&P 500 rose on Thursday as comments from the Federal Reserve that the U.S. economic recovery was on track lifted economically sensitive stocks, while Ford jumped after raising its profit outlook for the year.

A rebound in growth stocks over the last month is doing little to bolster the performance of Cathie Wood's ARK Innovation ETF, which has lagged this year after outperforming all other U.S. equity funds in 2020.

STMicroelectronics posted a better-than-expected second-quarter revenue on Thursday, as the Franco-Italian chipmaker benefited from strong demand for its chips used in smartphones to cars, and forecast an upbeat current quarter.

A rebound in growth stocks over the last month is doing little to bolster the performance of Cathie Wood's ARK Innovation ETF, which has lagged this year after outperforming all other U.S. equity funds in 2020.