Earlier this week, the email systems at the U.S. Treasury and Commerce Departments were infiltrated by hackers. According to The New York Times, this was one of the largest and most sophisticated attacks in recent years. CrowdStrike's (NASDAQ: CRWD) cybersecurity platform was bui
Stocks are one of the best wealth-building tools available, and with the new year approaching, there's no better time to put some money to work.Whether you are new to stocks or a veteran looking for new investment ideas, here are three tech stocks that I would feel comfortable bu
Winter is coming, but the stock market is heating up. Despite one of the wildest years in history, the benchmark S&P 500 looks as if it'll end the year higher by double digits. That's pretty incredible considering that it lost more than a third of its value in less than five
Wall Street rose on Wednesday, with the Nasdaq closing at a record high as investors awaited a potential fiscal economic stimulus package and after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero.
The NASDAQ 100 After Hours Indicator is up .43 to 12,668.59. The total After hours volume is currently 102,447,845 shares traded.The following are the most active stocks for the after hours session: Altria Group (MO) is unchanged at $43.10, with 5,192,979 shares traded. As repor
Wall Street rose on Wednesday, with the Nasdaq closing at record highs as investors awaited a potential fiscal economic stimulus package and after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero.
Wall Street rose on Wednesday, with the Nasdaq hitting a record high as investors awaited a potential fiscal economic stimulus package and after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero.
Wall Street remained mixed on Wednesday, with the Nasdaq hitting a record high as investors awaited a potential fiscal economic stimulus package and after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero.
Samsung Electronics on Wednesday signed a partnership with IBM to combine "edge computing" with private 5G networks, the latest tie-up among big technology firms trying to help customers automate production.
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. Advancements in the cloud and telework are here to stay and there are many growth stocks that are just getting started.ProShares' Executi
Amazon.com has taken to the courts once again in a bid to get a $10 billion Pentagon contract that was awarded to Microsoft invalidated, according to Reuters.
In a redacted court filing from October 23rd that was unsealed yesterday, Amazon (AMZN) reiterated its stance that the awarding of the contract to Microsoft (MSFT) must be overturned because it was granted in bad faith and that President Donald Trump used his influence to manipulate the contract.
Trump has publicly criticized the company and Amazon head, Jeff Bezos in the past. Amazon has called the decision flawed and politically corrupt.
Amazon was a front-runner to win the contract and filed its initial lawsuit in November 2019, after the contract was awarded to Miscrosoft. A judge granted Amazon’s request to temporarily halt the deal from moving forward in February.
The Defense Department stated in a court-ordered re-evaluation in September that Microsoft’s proposal represented the best value for the government. Amazon responded on Tuesday saying that its cloud computing solutions are the lowest priced by tens of millions of dollars.
Microsoft retorted by saying, “career procurement officials at the DoD (Department of Defense) decided that given the superior technical advantages and overall value, we continued to offer the best solution.”
Cowen analyst John Blackledge reiterated his Buy rating 2 days ago and raised his price target from $4,150 to $4,350 (37% upside potential). He named the shares a “Best Idea for 2021.”
Consensus among analysts is a Strong Buy based on 36 Buys and 1 Hold. The average price target of $3,825.60 implies a potential upside of around 21% over the next 12 months.
Amazon.com urged a U.S. judge to toss out the Pentagon's $10 billion JEDI cloud computing contract award after the Defense Department said in September a court-ordered re-evaluation had determined Microsoft Corp's proposal still represented the best value for the government.
Amazon.com urged a U.S. judge to toss out the Pentagon's $10 billion JEDI cloud computing contract award after the Defense Department in September said a court-ordered re-evaluation had determined Microsoft Corp's proposal still represented the best value for the government.
The NASDAQ 100 After Hours Indicator is down -5.18 to 12,590.74. The total After hours volume is currently 79,636,594 shares traded.The following are the most active stocks for the after hours session: First Horizon Corporation (FHN) is unchanged at $12.90, with 9,828,309 shares
What happenedShares of GameStop (NYSE: GME) were jumping 7.5% higher in afternoon trading Tuesday on no news specific to the video game retailer, though the market in general was running higher on COVID-19 vaccine developments.
The abrupt change brought on by the coronavirus pandemic provided a huge opportunity for cyber-attackers, with ransomware becoming the new darling among the hacker community.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Technology Select Sector SPDR Fund, where 6,700,000 units were destroyed, or a 2.2% decrease week over week. Among the largest underly
Hackers never rest, which exposes enterprises to constant cybersecurity threats. But FireEye's (NASDAQ: FEYE) announcement last week was particular. The cybersecurity specialist revealed it was hacked, which doesn't bode well for its activities that consist of protecting customer
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