The benchmark S&P 500 rose modestly on Wednesday, with gains in technology shares offsetting declines in financials and defensive groups as data showing U.S. private employers laid off 20 million workers in April underscored the economic fallout of the coronavirus outbreak.
In the early 2010s, Verizon's (NYSE: VZ) Verizon FiOS TV service was one of pay TV's biggest success stories. At a time when legacy pay TV products like cable and satellite subscriptions were suffering from the cord-cutting trend, Verizon's IPTV service seemed somehow immune. Fi
Warren Buffett bought his first stock at age 11. Now, 78 years later, he is reportedly the fourth-richest man in the world and CEO of a $444 billion holding company. Buffett achieved this success through a simple but effective investing strategy based on value and long-term hold
The S&P 500 and Nasdaq rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past a stunning 20 million plunge in U.S. private payrolls last month.
Staples are just that -- things that everyone always needs. When a retailer gets it right and gives customers what they need beyond the actual product, such as smart shopping and efficient customer service, it gives them a reason to keep coming back, and ensures the company's ow
By Brett Owens
Mainstream financial channels have made a big deal out of the current relief rally (aEURoeIs it a aEUR~V-shapedaEURtm recovery?aEUR they comically muse). Whether itaEURtms a V, W,A L, Nike swoosh or (my favorite) bathtub, the fact is that most stocks are still d
Tech investors looking for stable investments right now will be hardpressed to find a company that hasn't seen their share price effected by the current pandemic. But despite the uncertainty surrounding the stock market and the economy, there are still companies that have fantas
The stock market has been in turmoil for two months now, and investors are searching for companies that still have a lot of upside. But not all businesses will be affected by COVID-19 the same way, and some may have an even brighter future when this current crisis is over.
One of the biggest tech opportunities over the next decade is artificial intelligence (AI). According to Grand View Research, the general AI market, across a variety of products and services, is set to expand at a huge 46.2% average annual growth rate between 2019 and 2025. AI
HONG KONG (Reuters Breakingviews) - China's Kingsoft Cloud will be a breath of fresh air for New York. Xiaomi boss Lei Jun wants to float his cloud venture on the Nasdaq at a valuation of up to $3.6 billion. The debut will test investor appetite a month after a fraud at
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