A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Corp rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the video game retailer and other companies that were out of favor on Wall Street.
U.S. stocks dropped more than 1% on Wednesday, showing little reaction to the latest Fed statement, as major indexes were weighed down in part by a slump in Boeing and hedge funds selling off long positions to cover a short squeeze.
When Disney (NYSE: DIS) launched its flagship streaming platform Disney+ just over a year ago, Verizon Communications (NYSE: VZ) made a big, if somewhat calculated, bet on the nascent service. Just prior to its launch, Verizon teamed up with the House of Mouse to offer Disney+ fr
The following companies are expected to report earnings after hours on 01/27/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL) is reporting for the quarter ending December 31, 2020. The computer company's consensus earnings per sha
Stocks fell around the world and the dollar rose on Wednesday as investors turned more cautious on fear of stretched stock valuations and the economic impact of the COVID-19 pandemic, with the Federal Reserve meeting later in the session a focus.
The Dow and the S&P 500 slid more than 1% on Wednesday as Boeing slumped on posting a record annual loss, while declines were exacerbated by hedge funds selling off long positions to cover a short squeeze sparked by a sharp rally in GameStop and AMC.
Google's iPhone apps such as Maps and YouTube will stop using a tool from Apple Inc that allows them to personalize ads, avoiding a new Apple warning that informs users their browsing is being tracked.
The S&P 500 and the Dow fell sharply on Wednesday after planemaker Boeing reported a record annual loss, while declines on the Nasdaq were offset by upbeat results from Microsoft.
We are in the midst of a very significant time for the earnings of big, high-profile Nasdaq-listed stocks. The granddaddy of them all, Microsoft (MSFT) released their results yesterday, with Apple (AAPL), Tesla (TSLA), and Facebook (FB) all reporting after the market close today.
Google's iPhone apps such as Maps and YouTube will stop using a tool from Apple Inc that allows them to personalize ads, avoiding a new Apple warning that informs users their browsing is being tracked.
U.S. stock indexes were set to open lower on Wednesday as investors parsed through earnings reports from companies including Boeing and Microsoft, ahead of the Federal Reserve's policy statement later in the day.
The NASDAQ 100 Pre-Market Indicator is down -109.69 to 13,380.5. The total Pre-Market volume is currently 51,893,045 shares traded.The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is +10.84 at $15.80, with 162,114,971 sh
(RTTNews) - Apple topped Amazon and Google to become the world's most valuable brand for the first time since 2016 after its brand value jumped 87 percent to $263.4 billion, according to the Brand Finance Global 500 2021 ranking by London-based Brand Finance, a brand valuation co
The drivers of the last few days include the growing pace of corporate earnings, as well as President Biden issuing executive orders aimed at shoring up the U.S.’s pandemic response. These drivers will continue to influence markets today
The new year is just over three weeks old, but that hasn't stopped certain stocks from turning up the heat. Just since the new year, shares of Twilio (NYSE: TWLO) and Cirrus Logic (NASDAQ: CRUS) have racked up double-digit percentage gains very quickly, and they are likely to mai
U.S. stock index futures slipped on Wednesday as a busy week of earnings gained momentum, with upbeat results from Microsoft cushioning the fall in Nasdaq futures ahead of the Federal Reserve's policy statement later in the day.
During the last three months of 2020, Apple Inc delivered its flagship iPhone 12 model weeks later than normal iPhone debuts and shuttered some of its stores due to the pandemic.
Facebook Inc may face questions about fallout from U.S. election controversies when it posts earnings on Wednesday, but top of mind for investors is a less political matter: the company's heavy bet on e-commerce to drive ad sales.
Investing in FAANG stocks -- Facebook, Apple, Amazon, Netflix, and Google (Alphabet) -- is often an easy decision for growth investors. These are the top tech stocks in the world and they continue to rise in value. They all soundly outperformed the S&P 500 and its 16% returns
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