U.S. stock index futures fell on Monday as surging COVID-19 cases raised fears of more lockdowns, while media reports saying several global banks moved sums of allegedly illicit funds over nearly two decades hit U.S. banking stocks.
Gene sequencing company Illumina Inc will pay $7.1 billion in cash and stock to buy cancer test startup Grail Inc, the Wall Street Journal reported on Monday, citing people familiar with the matter.
This has been a topsy-turvy year for Wall Street and the investment community. Though volatility never disappears from the stock market, we've borne witness to the wildest vacillations in history. The broad-based S&P 500 sank like a stone during the first quarter and lost 34
German aviation startup Volocopter has teamed up with logistics group DB Schenker to deploy its heavy-lift drones, in a project that will gather vital practical flying experience before its air taxis enter service.
After a 155% rally since March 23, Twilio stock (NYSE: TWLO) looks fully valued based on its historic Price to Sales (P/S) multiples. Twilio, a U.S-based cloud communications platform as a service (CPaaS) company, has seen its stock rally from $90 to $229 off the recent bottom
When Megyn Thompson landed her dream job as a commercial pilot last year, she was one of thousands being recruited globally to boost the number of women in the cockpit and meet record pilot demand.
Quirky feel-good show "Schitt's Creek" swept the early Emmy awards on Sunday in a live show where the coronavirus pandemic meant most celebrities took part from their homes and backyards.
Did you know there are roughly 7,000 exchange-traded funds (ETFs) available globally? If you're looking to add an ETF to your retirement account, you have an overwhelming range of choices -- from funds that track the S&P 500 to funds that are backed by actual gold reserves t
The Snowflake (NYSE: SNOW) IPO is top of mind on Wall Street these days. It's the latest and hottest new tech issue that's gotten investors into a frenzy, sending the stock to just under $254 on its first day, up 111% from its IPO price of $120. And with a big name like Warren
The last time there was a market crash, it was COVID-19-related concerns that sent investors into a panic. While the markets have recovered since then, amidst uncertainty about the strength of the economy and the possibility of a second coronavirus wave, the feeling is that anot
Tesla's (NASDAQ: TSLA) market cap has surged to over $400 billion in 2020 as investors have bought into everything from Tesla's growth to its future as an auto technology company. And with automotive competitors struggling to catch up in electric vehicle manufacturing it's easy
Since the start of the month, the S&P 500 and the Nasdaq have seen their ups and downs. But overall, we're looking at losses of 7.3% and 10.5%, respectively, since their recent highs on Sept. 2. The continuation of the coronavirus crisis and uncertainty about the presidentia
How's Warren Buffett doing these days? Quite well. The legendary investor recently celebrated his 90th birthday, and he appears to be as active as ever.
With the growing number of cord-cutters and cord-nevers, Comcast (NASDAQ: CMCSA) has had to change its video strategy over the years. And while the cable TV business used to be the centerpiece of its operations, that's drastically shifted to its broadband internet business. At t
AT&T (NYSE: T) CEO John Stankey recently told Reuters that the telecom giant could launch ad-subsidized wireless plans within a year. Stankey claimed a "segment" of its customer base would likely accept some advertising on their phones "for a $5 or $10 reduction" in their m
Apple (NASDAQ: AAPL) has been under intense antitrust scrutiny regarding the App Store, with CEO Tim Cook testifying virtually in front of Congress over the summer. One particularly contentious issue has been a deal that the Mac maker cut with Amazon (NASDAQ: AMZN) years ago, in
(RTTNews) - Six people were indicted by a grand Jury in the Western District of Washington with conspiring to pay over $100,000 in commercial bribes to Amazon employees and contractors, in exchange for an unfair competitive advantage on the Amazon Marketplace, the U.S. Departmen
Could e-commerce and cloud-computing giant Amazon (NASDAQ: AMZN) announce a stock split in the near future? It's quite possible. After all, shares are trading at a lofty $3,000 each.