The S&P 500 hit a third-straight record high on Tuesday, as investor sentiment continued to strengthen amid a mostly strong earnings season. The Dow and Nasdaq also closed in the black, with the former notching its own third-straight record close. Facebook's (FB) post-earni
U.S. stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh records, and gains were subdued as Facebook shares fell in the wake of its quarterly earnings.
What happened
Shares of Nvidia (NASDAQ: NVDA) climbed on Monday after Facebook (NASDAQ: FB) announced a massive increase in its capital spending plans for 2022.
Google owner Alphabet Inc on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares up slightly.
Twitter Inc on Tuesday missed Wall Street expectations for user growth as it faced competition from rival apps like TikTok for people's time, while it reported quarterly revenue in line with estimates.
U.S. stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh records, and gains were subdued as Facebook shares fell in the wake of its quarterly earnings.
Technology stocks were higher ahead of Microsoft (MSFT) and Google parent company Alphabet (GOOG, GOOGL) reporting earnings after Tuesday's close. At last look, the SPDR Technology Select Sector ETF (XLK) was rising 0.5% while the Philadelphia Semiconductor Index was adding 0.2%
Looking at the sectors faring worst as of midday Tuesday, shares of Services companies are underperforming other sectors, showing a 0.4% loss. Within that group, Facebook Inc (Symbol: FB) and PulteGroup Inc (Symbol: PHM) are two of the day's laggards, showing a loss of 5.0% an
An executive at TikTok faced tough questions on Tuesday during the video-sharing app's first appearance at a U.S. congressional hearing, saying it does not give information to the Chinese government and has sought to safeguard U.S. data.
Major U.S. stock indexes advanced on Tuesday, with the Dow Industrials and S&P 500 hitting intraday records, although gains were kept in check as Facebook shares fell in the wake of its quarterly earnings.
The Trade Desk (NASDAQ: TTD) is an adtech company. Its platform leans on artificial intelligence to help advertisers deliver, measure, and optimize data-driven campaigns. More importantly, its programmatic tools automate the ad-buying process, helping clients operate more efficie
Gains in Tesla, Nvidia and other heavyweight technology names helped the benchmark S&P 500 index scale a record high on Tuesday, while upbeat results from UPS and GE added to optimism around the third-quarter earnings season.
Check Out These 3 Trending Metaverse Stocks This WeekEven with investors eyeing the top tech stocks in the stock market this week, the industry continues to push boundaries. Namely, a good example of this would be the introduction of the metaverse, hence our focus on metaverse st
The benchmark S&P 500 hit a record high on Tuesday, boosted by Telsa, Nvidia and other tech-related companies, while upbeat results from UPS and GE lifted optimism around the earnings season.
The S&P 500 and the Dow were set for record open on Tuesday as Facebook rose after its quarterly results and a share buyback plan, turning the spotlight on its technology peers set to report later in the day.
It's safe to say that investors had some concerns about Facebook (NASDAQ: FB) going into its third-quarter earnings report Monday afternoon. The stock fell about 7% over the past month as investors worried about the social network's increased scrutiny from the government and nega
Stock Market Futures Advance As Big Tech Earnings Take Center StageStock market futures are steadily on the rise in early morning trading on Tuesday. Notably, the tech-heavy Nasdaq seems to have a lead on the other major stock market indexes now. Understandably, this would be tha
Facebook (NASDAQ: FB) is developing plans to enter the metaverse. In case you are unfamiliar, the metaverse is a virtual environment where people can interact with each other and their surroundings.
Keeping a watchlist of stocks that you would be willing to buy on a market dip is always a smart decision, and these two stocks are great companies that you could add to that watchlist.
The S&P 500 and Dow futures hit record highs on Tuesday as Facebook rose after its quarterly results and a share buyback plan, turning the spotlight on its technology peers set to report later in the day.