Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Brendan McDermid | Reuters Stocks rose on Tuesday as investors eagerly awaited a fresh batch of earnings reports and closely monitored the latest movements in Treasury yields. The Dow Jones Industrial Average gained 204 points, or 0.6%. The S&P 500 …
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Spencer Platt | Getty Images Stock futures ticked higher on Monday morning as traders eagerly awaited the release of corporate earnings from tech industry giants. Futures tied to the Dow Jones Industrial Average rose 49 …
47 Mins Ago 30% of S&P 500 companies are set to report earnings this week Investors are eagerly anticipating the busiest week of earnings season, as 30% of companies in the S&P 500 are scheduled to report. Tech giants Alphabet and Microsoft are set to release earnings after the closing bell on Tuesday. Meta is …
According to a report from venture capital firm Konvoy, publicly listed gaming companies, including Activision Blizzard, Electronic Arts, Nintendo, and others, currently hold a staggering $45.1 billion in cash and cash equivalents. This substantial cash reserve could potentially lead to further consolidation within the $188 billion video games industry. The report also highlights that gaming …
US President Joe Biden recently made headlines with the announcement of a $7 billion program aimed at boosting the domestic hydrogen market. The program will focus on establishing seven regional hydrogen hubs, which have the potential to produce around 3 million metric tons of hydrogen per year. This would result in the elimination of approximately …
The Swedish “buy now, pay later” pioneer said Tuesday that its new design would help users find the items they want by using more advanced AI recommendation algorithms, while merchants will be able to target customers more effectively. Rafael Henrique | SOPA Images | LightRocket via Getty Images Swedish technology startup Klarna is revolutionizing the …
A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. In the fourth quarter of 2021, an employee of Tesla and a researcher in the tech industry filed a whistleblower complaint to the U.S. Securities and Exchange Commission (SEC) alleging potential violations of the law by Elon Musk’s car company. …
Satya Nadella, CEO of Microsoft Corp., spoke at the Ignite Spotlight event in Seoul, South Korea on November 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft has successfully completed its $69 billion acquisition of video game publisher Activision Blizzard, according to a regulatory filing by Microsoft on Friday. This marks the largest deal …
Apple once considered replacing Google as its default search engine in private browsing mode on its products in favor of DuckDuckGo, according to recently unsealed testimony by the rival search CEO. “Our take was that they were actually really interested in this,” DuckDuckGo CEO Gabriel Weinberg said, according to a transcript viewed by CNBC of …
