Qualcomm Inc on Tuesday said it is working with Microsoft Corp on custom chips that would control lightweight augmented reality glasses for use by both consumers and businesses for metaverse apps.
The Nasdaq and S&P 500 fell in afternoon trading Tuesday along with shares of big growth names, while the Dow Jones Industrial Average rose as bank stocks surged with U.S. Treasury yields.
The Dow hit a record high on Tuesday, boosted by banks and industrial stocks as worries about the Omicron variant of the coronavirus subsided, while a fall in heavyweight technology stocks dragged the S&P 500 and the Nasdaq indexes lower.
Stock Market Today Mid-Morning UpdatesOn Tuesday, the Dow Jones Industrial Average rose 140 points. This comes as global markets rallied, adding to Monday’s surge. Energy and economic recovery stocks were among today’s gainers. For instance, Halliburton (NYSE: HAL) sh
Snowflake's (NYSE: SNOW) cloud platform is experiencing tremendous demand as businesses continue to rely more on cloud services to process and store data. Cloud infrastructure spending grew 37% year over year in the third quarter, with services from Amazon, Microsoft, and Alphabe
NEW YORK (Reuters Breakingviews) - Microsoft is the oldest of the current crop of technology Goliaths. Yet despite roots in the bell-bottom days of 1975, the $2.5 trillion software maker has been a recent Big Tech standout in terms of share-pric
What happened
Matterport (NASDAQ: MTTR) shareholders lost ground to the market last month as the stock fell 36%, compared to a 4% spike in the S&P 500, according to data provided by S&P Global Market Intelligence. That slump wasn't enough to derail wider returns for inves
Let's talk about what we know about cosmetic surgery. First, it's costly. It's invasive, leaves scars, and has long recovery times. Cosmetic surgery is mostly for the rich and famous -- not regular folks, right? Well, InMode (NASDAQ: INMD) has a patented platform that changes the
The global cloud computing industry is expected to grow from $219 billion in 2020 to over $791 billion by 2028, according to Fortune Business Insights -- a compound annual growth rate of nearly 18%. A few major players dominate the space, and a couple of those look poised to prov
For better or for worse, the 2021 chapter in all our investing journeys has come to a close. Looking ahead, many investors may feel uneasy about buying or even just holding high-priced stocks considering that the S&P 500 is hovering around an all-time high after nearly doubli
Globally, the world had a record number of initial public offerings (IPOs) in 2021. According to a report from Ernst & Young, there were 2,388 deals worldwide, and IPOs in the Americas grew 87% year over year. Fourth-quarter 2021 was also the most active quarter for IPO deals
There's almost too much information about the stock market out there. It can be confusing to know where to start. There's no one-size-fits-all investing plan, but there's a general outline you can follow for success. You need to define what you're hoping to accomplish, come up wi
ZURICH (Reuters Breakingviews) - The dictionary defines transition as a “change from one state or condition to another.” That sums up the world as 2022 arrives. Whether it is the move away from an economic system reliant upon hydroca
The market's a forward-looking mechanism, and some people might feel that the COVID-19 pandemic is "over." That's probably an exaggeration. While vaccinations will hopefully reduce the danger, the virus will continue to mutate, and healthcare companies will continue to fight it.
The NASDAQ 100 After Hours Indicator is up 11.91 to 16,513.68. The total After hours volume is currently 97,900,895 shares traded.The following are the most active stocks for the after hours session: CIT Group Inc (DEL) (CIT) is +0.19 at $53.69, with 14,857,268 shares traded. CI
A multiyear bull market in the technology sector could be on shaky ground in 2022. So while in most years, investors might succeed with a broad-indexed approach to the sector, it might pay to be a stock picker in the space this year.
Apple Inc on Monday became the first company with a $3 trillion stock market value, lifted by investors' confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
NEW YORK (Reuters Breakingviews) - Apple has raced to a $3 trillion market value from $1 trillion in just 41 months. Despite that surge and significant risks, the technology giant run by Tim Cook can continue to evade the law of large numbers.
Stock Market Today Mid-Morning UpdatesOn Monday, the Dow Jones Industrial Average rose 200 points on the first trading session of the year. It follows a strong 2021 for all of the major indices. This is despite fears of inflation, business disruption, tighter monetary policy, and