U.S. stocks surged on Thursday as companies including Morgan Stanley and UnitedHealth gained following strong results, while data on the labor market and inflation soothed worries about the outlook for higher rates.
Institutional investors have been paring their bearish bets on Wall Street's most heavily shorted stocks in response to increasing appetites for riskier bets, according to strategists at Vanda Research.
(RTTNews) - Tech giant Microsoft Corp. (MSFT) on Thursday announced that it is shutting down the localized version of LinkedIn in China, as the tech giant faces "more challenging operating environment" in the Asian country.
U.S. stocks surged on Thursday as companies including Bank of America and UnitedHealth gained following strong results, while data on the labor market and inflation soothed worries about the outlook for higher rates.
There are dozens of different types of stocks you can buy on the stock market today. But what are they? And how do they differ? It's essential to understand the categories of stocks to help guide your research and make more intelligent investment decisions.
Wall Street's main indexes rallied on Thursday, boosted by technology stocks and strong quarterly results from Bank of America and Walgreens, while better-than-expected economic data eased some concerns about higher inflation.
Microsoft Corp is pulling the plug on LinkedIn in China nearly seven years after its launch and will replace it with a stripped-down version of the platform that would focus only on jobs.
Finding the next explosive growth opportunity in the stock market isn't easy. Some of the most successful companies today were generating enormous losses and looked like unattractive investments before they hit the big time.Steve Jobs, the late founder of Apple, liked to quote ho
Wall Street's highly shorted stocks rallied on Wednesday as institutional investors pared their short bets due to a strong rebound in risk sentiment, strategists at Vanda Research said in a note.
Wall Street's main indexes rallied on Thursday as a surge in technology stocks and strong quarterly results helped investors to look away from inflation concerns.
Microsoft Corp's LinkedIn said on Thursday it would pull the plug on its existing professional networking website in China and instead launch a jobs-only version later this year.
Wall Street's main indexes were set for a strong open on Thursday after big banks reported better-than-expected quarterly results, helping investors to look away from inflation concerns.
World markets stayed focused on rising inflation on Thursday as banks and tech rebooted global equities, oil and gas prices fired up again, but the dollar and benchmark government bond yields both stalled.
Graphics chip giant Nvidia (NASDAQ: NVDA) agreed to acquire Arm for $40 billion last September, but more than a year later the deal is still a long way from the finish line. In this Fool Live video clip, recorded on Sept. 30, Fool.com contributors Toby Bordelon and Matt Frankel,
Futures tracking Canada's commodities-heavy main stock index extended gains on Thursday, a day after the benchmark index hit a four-week high, as strength in crude and gold prices aided sentiment.
U.S. stock index futures climbed on Thursday as surging oil prices lifted energy shares, while investors awaited earnings updates from big banks and a fresh reading on inflation data.
Dutch navigation and digital mapping company TomTom warned on Thursday supply chain problems in the auto sector could last until the first half of next year after it reported a bigger than expected quarterly core loss.
It was an email offering a discount on an electric toothbrush that began the sequence of events that ruined Anna's life. Within minutes of entering her card details, she got a call from her bank telling her fraudulent transactions were being made. The next day Robert Clayton from Britain's Financial Conduct Authority called to say they were pursuing the criminals responsible but that her savings were at risk.
Canadian e-commerce platform Shopify Inc is teaming up with top cloud companies including Microsoft Corp and Oracle Corp to help merchants streamline their business operations.
Australian shares edged higher on Thursday, driven by gains in metal-centric and tech stocks, while diversified miner South 32 surged to a three-year high on buying a stake in a Chilean copper mine.