Wall Street's main indexes jumped on Tuesday as a recovery in oil prices lifted battered energy stocks and a slew of countries eased coronavirus-induced restrictions in an attempt to revive their economies.
Microsoft (NASDAQ: MSFT) recently inked a five-year cloud deal with Coca-Cola (NYSE: KO), in which the beverage maker will standardize its business operations with Microsoft's Azure, Dynamics 365, and Microsoft 365 services.
ZURICH (Reuters Breakingviews) - Calamity creates opportunity. That has always been true when it comes to corporate consolidation. Recall how a series of mega-mergers and acquisitions transformed the banking industry after the 2008 financial panic. Wells Fargo snagged Wa
ServiceNow Inc and Adobe Inc said on Tuesday they will make their software systems work together in an effort to improve apps used by customer service representatives.
Asian stocks rose on Tuesday, tracking a late Wall Street rally as governments eased coronavirus lockdowns while oil extended gains on expectations fuel demand would begin to pick up.
Asian stocks rose on Tuesday, tracking a late Wall Street rally as governments eased coronavirus lockdowns while oil extended gains on expectations fuel demand would begin to pick up.
A late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing coronavirus restrictions and prospects of an economic recovery, overcoming concerns about renewed Sino-U.S. trade tensions.
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
The Dow pared a 250-point deficit at its session lows to finish marginally higher in the final minutes of trading. The S&P 500 and Nasdaq also clawed their way into the black, brushing off anxieties over newly bubbling tensions between the U.S. and China, as well as a dism
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns sparked by fresh U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China dispute over the origins of the coronavirus outbreak and a move by billionaire Warren Buffett's Berkshire Hathaway to dump stakes in major U.S. airlines.
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat over the origins of the coronavirus outbreak and billionaire Warren Buffett's Berkshire Hathaway's move to dump stakes in major U.S. airlines.
The COVID-19 crisis has made it tough for companies with low cash reserves, negative cash flows, and high debt levels to survive. Meanwhile, companies that have plenty of cash and little debt should weather the storm and rebound after the crisis ends.
The novel coronavirus pandemic has given the cloud gaming market a shot in the arm. Online gaming services like NVIDIA's (NASDAQ: NVDA) GeForce Now and Microsoft's (NASDAQ: MSFT) Project xCloud have seen a surge in traffic as shelter-in-place orders and lockdowns across the gl