Europe's stock markets clawed back some ground on Tuesday, a day after rising second waves of the coronavirus epidemic caused the region's biggest wipeout since June and drove investors back to government bonds.
A combination of excessive speculation in tech options from retail investors and fears of a second wave of coronavirus cases around the world created a significant pullback among major stock indexes. As of Sept. 19, the tech-heavy NASDAQ-100 is now down 12% from all-time highs,
Pandemic worries are again dominating the markets this morning. With a light economic and earnings calendar for today, odds are the focus will once again be on the Fed. Today kicks off a busy week for Federal Reserve Chair Jerome Powell.
Futures tracking the S&P 500 and Nasdaq indexes bounced on Tuesday, with beaten-down shares of technology-related companies leading early gains, while Dow futures were subdued on uncertainty over more U.S. fiscal stimulus.
Beijing is unlikely to approve an "unfair" deal Oracle Corp and Walmart Inc said they have struck with ByteDance over the future of video-streaming app TikTok, state-backed newspaper Global Times said in an editorial.
Microsoft (NASDAQ: MSFT) launched its xCloud streaming service on Sept. 15, but the streaming-based delivery platform is currently only available on Android platforms. xCloud, which allows users to play high-end video games through streaming, hasn't launched on Apple's (NASDAQ:
U.S. President Donald Trump said on Monday a deal to expand American ownership of Chinese-owned popular social media app TikTok was "working its way through," after publicly blessing the agreement on Saturday.
The Dow Jones Industrial Average (DJINDICES: ^DJI) tumbled on Monday, down 2.9% at 12:15 p.m. EDT. The possibility of renewed restrictions due to a second wave of COVID-19 and the lack of action from Congress on new stimulus measures could be contributing to the market's decline
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Microsoft (NASDAQ: MSFT) announced today that it will acquire ZeniMax and its game-publishing wing Bethesda in a $7.5 billion all-cash deal. ZeniMax's Bethesda gaming subsidiary is responsible for major franchises including Fallout, The Elder Scrolls, and Doom.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Microsoft Corp said on Monday it would acquire ZeniMax Media for $7.5 billion in cash, strengthening its Xbox video game offering with the studio behind smash hit titles Fallout and the Doom reboot.
Microsoft Corp said on Monday
it would acquire video game publisher ZeniMax Media for $7.5
billion in cash.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Anil
D'Silva)
((munsif.vengattil@thomsonreuters.com;))
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U.S. app maker Blix on Monday took its fight against Apple to Europe as it laid out its grievances against the iPhone maker to EU antitrust chief Margrethe Vestager, saying that Apple is not playing fair.
After a 155% rally since March 23, Twilio stock (NYSE: TWLO) looks fully valued based on its historic Price to Sales (P/S) multiples. Twilio, a U.S-based cloud communications platform as a service (CPaaS) company, has seen its stock rally from $90 to $229 off the recent bottom
China's ByteDance said on Monday that TikTok's global business will become its subsidiary, even as Oracle Corp and Walmart Inc said over the weekend that they and U.S. investors would own the majority of the video app following a deal with U.S. President Donald Trump's administration.
Some of the world's biggest companies on Monday backed growing calls for governments to do more to reverse the accelerating destruction of the natural world and support broader efforts to fight climate change.
No matter the investing climate, there are always stocks to buy and hold for a long time. Of course, the opposite also holds true -- you should place certain companies on your list of stocks to avoid under any circumstances. There are a variety of reasons to take this strong ste
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