The S&P 500 and Dow rose in a broad-based advance on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.
The S&P 500 and Dow rose in a broad-based advance on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.
Facebook Inc said on Friday it plans to reopen its Menlo Park, California headquarters with 10% occupancy on May 10, if the COVID-19 situation begins to improve.
Pinterest stock (NYSE: PINS) is down by about 20% from its February highs, trading at levels of around $71 per share currently. This sell-off was driven by a correction in high-growth stocks over the last few weeks amid fears of rising inflation and higher bond yields. However,
The Nasdaq slid on Thursday as investors sold technology shares and bought underpriced stocks likely to do well on expectations the U.S. economy grows at its fastest pace in decades this year.
The chief executives of Facebook, Google and Twitter faced criticism from U.S. lawmakers on Thursday about their approaches to extremism and misinformation in their first appearances before Congress since pro-Trump rioters assaulted the U.S. Capitol on Jan. 6.
India's technology minister on Thursday said video streaming services have to be "responsible and accountable" for their shows and movies, defending rules introduced last month that regulate such content.
The technology-heavy Nasdaq led Wall Street lower on Thursday as a rotation out of richly valued stocks into underpriced sectors added to pressure from quarter-end rebalancing by institutional investors.
The chief executives of Facebook, Google and Twitter are appearing before Congress on Thursday to answer questions about extremism and misinformation on their services in their first appearances since pro-Trump rioters assaulted the U.S. Capitol on Jan. 6.
Wall Street's main indexes fell on Thursday, dragged down by economically sensitive bank and energy stocks and shrugging off data showing the labor market continued to limp out of a coronavirus-induced recession.
Wall Street's main indexes were set to open lower on Thursday, dragged down by technology and bank stocks, while data showed jobless claims fell last week as the labor market continued to limp out of a coronavirus-induced recession.
U.S. stock futures gave up early gains on Thursday ahead of data that is likely to show a drop in weekly jobless claims as the labor market continued to limp out of a coronavirus-induced recession.
U.S. stock futures rose on Thursday ahead of data that is likely to show a drop in weekly jobless claims, while the technology-heavy Nasdaq looked set to rebound after a 2% drop in the previous session.
The chief executives of Facebook, Google and Twitter go before Congress on Thursday to answer questions about extremism and misinformation on their services in their first appearances since pro-Trump rioters assaulted the U.S. Capitol on Jan. 6.
The European Central Bank sought on Thursday to allay misgivings in Germany about the launch of a digital euro, saying this form of electronic cash wouldn't be used to penalise savers or upend banks.
Europe needs to pump 300 billion euros ($355 billion) into its telecoms infrastructure by 2025 if it wants to roll out super fast 5G across the 27-country bloc to boost economic growth and tap the potential of the technology, a report said on Thursday.
EU lawmakers should reject a proposed law that forces Google, Facebook and Twitter to remove terrorist content within an hour of publication because of the risks to fundamental rights, 61 civil rights groups said on Thursday.