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The U.S. Department of Justice and 15 states on Thursday sued Apple, alleging it used the powerful demand for its iPhone and other products to drive up prices for its services and hurt smaller rivals in the first major antitrust effort against the smartphone maker by the Biden administration.

Wall Street has been on a rally this year, with major indexes hitting all-time highs in the past couple of months. The S&P 500, particularly, is on a dream run, with the index hitting multiple record highs in the past month.

Affirm stock rose over 11% yesterday after the Fed backed its guidance for three rate cuts in 2024. The worst looks over for this BNPL name amid the expected trajectory of rate cuts and its strong competitive positioning in the industry.

Artificial intelligence (AI) has emerged as a transformative force in the modern economy and is rapidly revolutionizing industries and businesses across the world. Not surprisingly, AI has also become a highly lucrative investment theme and has captivated the minds of both season

Wall Street slightly soured on tech stocks in 2022 as an economic downturn saw the Nasdaq-100 Technology Sector index plunge 40% during the year. However, investors have grown bullish about the industry again, thanks to exciting prospects in sectors like artificial intelligence (

Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi

Arrow Electronics ARW has introduced ArrowSphere Assistant, an artificial intelligence (AI)-powered tool to help channel partners manage their cloud business more effectively.This tool, powered by Microsoft MSFT Azure AI, assists

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the BNY Mellon US Large Cap Core Equity ETF (BKLC) is a passively managed exchange traded fund launched on 04/09/2020.

Are you worried that the "Magnificent Seven" stocks are running out of steam? In the past month, many of these fast-growing stocks have still been rising in value but at rates below 10%.While these businesses may still be magnificent, their high valuations could be keeping some i

The best opportunities are often early opportunities. Think about how much your investment would be worth today if you'd invested in Amazon or Nvidia in 1999. If you'd invested $1,000 in each of those stocks 25 years ago, you'd have $52,000 from your Amazon investment, and -- dru

The so-called Magnificent Seven have been fantastic investments during the past five years, with all seven stocks outperforming the broader market. In fact, while the S&P 500 (SNPINDEX: ^GSPC) returned 97% during that period, every member of the Magnificent Seven at least dou

Are you thinking big? Like, really big? That is to say, are you looking to turn a tiny amount of money now into a seven-figure stash later?

There's an investment tactic on Wall Street called merger arbitrage. It isn't meant to produce eye-catching home runs, instead focusing on getting a lot of reliable singles. On the surface, merger arbitrage seems like it would be easy, but iRobot (NASDAQ: IRBT) and Spirit Airline

For three decades, investors have been privy to no shortage of next-big-thing investment trends. Although nothing has been as transformative as the advent of the internet, innovations and trends that have included genome decoding, businesses-to-business commerce, 3D printing, blo

The "Magnificent Seven" refers to seven of the largest publicly traded tech companies in the world: Nvidia, Meta Platforms, Apple, Amazon, Microsoft, Alphabet, and Tesla. For what it's worth, this article is predicated on my belief that most of these companies are overvalued righ

Volatility is a given when putting your money to work on Wall Street. Since this decade began, all three major stock indexes have traded off bear and bull markets in successive years. While most investors are probably hoping for an end to this pattern in 2024, it nevertheless spe

India reversed a laptop licensing policy after behind-the-scenes lobbying by U.S. officials, who however remain concerned about New Delhi's compliance with WTO obligations and new rules it may issue, according to U.S. trade officials and government emails seen by Reuters.

Wall Street's main stock indexes closed higher on Wednesday after the Federal Reserve eased investor jitters by keeping borrowing costs unchanged and reinforcing expectations that rates could be cut as many as three times this year.

The U.S. Federal Communications Commission is investigating Amazon and other retailers for the alleged marketing and selling of unlawful electronic devices, an FCC spokesperson told Reuters on Wednesday.

UnitedHealth Group said on Wednesday Amazon's cloud services that handled some management functions of medical claims at unit Change Healthcare were restored from backups, scanned and cleared by their partners.