Market News


Alphabet’s revenue grew 20% in the latest quarter, but earnings haven’t kept pace. Here’s a road map to boosting profits and the stock.

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06 Dec, 2019 / 23:30

The major stock indexes ended Friday with big gains, as the Nasdaq rallied 1% in the wake of the blowout jobs report.

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06 Dec, 2019 / 22:29

The previous high for an MLB team was in 2012 when the Los Angeles Dodgers were sold while the team was valued at $2.12 billion.

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06 Dec, 2019 / 22:01

Top tickers for end of day: DHR, AAPL, SWN, TSLA, OXY.

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06 Dec, 2019 / 21:59

GameStop (GME) is set to report its third quarter report after the closing bell on Tuesday, December 10.

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06 Dec, 2019 / 21:56

Apple stock jumped to an all-time high Friday on reports that the company is having a strong holiday sales period with hot products like AirPods, Apple Watch and the iPhone 11 smartphone.

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06 Dec, 2019 / 21:31

Top Research Reports for Apple, PepsiCo & BHP

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06 Dec, 2019 / 21:18

The stock market shot upward Friday, following an unexpectedly strong surge in November job growth and the decline in unemployment to record lows.

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06 Dec, 2019 / 21:11

U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement. The Dow Jones Industrial Average gained 337 points, or 1.2%, to reach 28,015, the S&P 500 index advanced 0.9% to 3,146, while the Nasdaq Composite Index climbed 1% to 8,656. The moves on Friday were in contrast to trading that started the week after President Donald Trump in London implied that he would wait until 2020 to cement a phase-one trade agreement. For the week, the Dow and the Nasdaq finished down 0.1%, while the S&P 500 notched a 0.2% gain for the 5-day trading stretch. The economy created 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low, Labor Department data showed, signaling that the jobs market remains robust even though economic growth has slowed. The government also revised the increase in new jobs in October to 156,000 from 128,000 and September's gain was raised to 193,000 from 180,000. The increase in new jobs easily topped the 180,000 MarketWatch forecast, helped by the end of the General Motors auto-workers strike which added roughly 50,000 jobs to the payrolls number. The unemployment rate slipped to 3.5% from 3.6% and matched a 50-year low. The average wage paid to American workers rose 7 cents, or 0.2%, to $28.29 an hour. The 12-month rate of hourly wage gains slipped to 3.1% from 3.2%. Helping to lift stocks even before the jobs report was news that China's State Council had begun the process on Friday of exempting some soybeans and pork imported from the U.S. from import tariffs, the state-run Xinhua News Agency said, a move taken as a sign of progress on at least a partial trade pact. The action comes about nine days from a Dec. 15 deadline at which import duties on $156 billion in China goods will be raised to 15%. In corporate news, Shares of Apple Inc. surged above its record closing price. The day's gains put the main benchmarks just short of their record closes.

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06 Dec, 2019 / 21:09

Apple (AAPL) closed up over 1.4% Thursday after a Citi analyst predicted the iPhone maker to outperform this upcoming holiday season.

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06 Dec, 2019 / 20:49

3M is reportedly looking to dump an underperforming business, and Microsoft has plans for a broader consumer-subscription product.

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06 Dec, 2019 / 20:37

These are the most successful corporations in the U.S. as measured by Sales, Profits, Shareholder Returns, Quality of Workplace, and Carbon Footprint.

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06 Dec, 2019 / 20:33

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Amazon. om Inc (AMZN), where a total volume of 225,135 contracts has been traded thus far today, a contract volume which is representative of approximately 22.5 million underlying shares (given that every 1 contract represents 100 underlying shares).

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06 Dec, 2019 / 20:18

The stock market sure has an itchy trigger finger when it comes to headlines about the U.S.-China trade war. Although analysts and investors have done their best to price in the uncertainty, any development - positive or negative - can set off a session or more of volatility.Witness Tuesday, Dec. 3, when President Trump said the trade dispute between Washington and Beijing could continue into 2020 - and he threatened new tariffs on other nations. The Dow Jones Industrial Average fell by as much as 458 points on the news.With so many multinationals directly or indirectly exposed to China - either by way of demand, supply or both - the uncertainty of trade negotiations remains a major risk heading into the new year.Naturally, some companies are in a more perilous position than others. Here we take a look at seven of the largest, best-known companies trading in the U.S. that have more than their fair share of worries about the ongoing trade war. SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio

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06 Dec, 2019 / 20:08

Check out our weekly earnings calendar and read the latest quarterly earnings previews.

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06 Dec, 2019 / 19:53

The results of the Seattle City Council elections were a huge disappointment to many of us, writes Tom Alberg, but business can be a driver of change.

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06 Dec, 2019 / 19:33

At the Cascadia Rail Summit outside Seattle, a fledgling scheme to bring high-speed rail from Portland to Vancouver found an enthusiastic reception.

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06 Dec, 2019 / 19:29

Brazilian delivery app Loggi must formalize work relationships with its motorbike drivers and pay charities 30 million reais as a fine for not previously contracting the workers, according to a Sao Paolo court ruling released on Friday.

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06 Dec, 2019 / 19:14

Good news: your iPhone will be thinner. Bad news: all of the accessories you have from before are useless.

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06 Dec, 2019 / 18:40

The iShares Russell Top 200 Growth ETF (IWY) is seeing unusually high volume in afternoon trading Friday, with over 413,000 shares traded versus three month average volume of about 63,000. Shares of IWY were up about 1% on the day.

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06 Dec, 2019 / 18:38

The best mutual funds invested over $1 billion in Alibaba stock, and took large stakes in several other market leaders, including Microsoft, Splunk and CVS.

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06 Dec, 2019 / 18:38

This computer networking company had a rough quarter, but here's a Q&A about why it's still a worthy investment.

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06 Dec, 2019 / 18:33

A Brazilian court ordered delivery app Loggi to formalize its work relationships with all the motorbike drivers working for it in the country, according to a decision released on Friday.

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06 Dec, 2019 / 18:29

(Bloomberg) -- Peloton Interactive Inc. has been pilloried online and punished on the stock market following the release of a holiday ad for its stationary exercise bike that was deemed culturally insensitive. But the backlash could be a good thing for the company in the long run.The commercial, which features a woman documenting a year in her life with the Peloton bike her male partner gave her, struck some viewers as out of touch -- suggesting the already thin “Grace from Boston” was undergoing a strenuous workout in order to lose weight for the guy. The video, released about a month ago, went viral on social media, eliciting a scathing parody by comedian Eva Victor and prompting Peloton to close comments on the official YouTube video.As the internet buzz seemed to hit a peak earlier this week, Peloton’s stock fell 9%. But some experts say the increased attention could end up boosting sales. The shares were up 3.7% on Friday in New York.“They might benefit more because people are looking it up and learning more about it,” Laura Ries, president of advertising consultancy firm Ries & Ries, said. It’s still a short-term bump for a company that has historically been largely successful with marketing, with a total member base of 1.6 million people including more than 560,000 who have one of the proprietary bikes or treadmills plus a fitness subscription, according to Peloton’s most recent quarterly report. The official Peloton ad on the company’s YouTube channel has been seen by more than 3.6 million people.The controversy comes at a crucial time for the New York-based company, which is new to market scrutiny after listing shares in September, as it seeks to capitalize on the all-important holiday sales season and expand in new markets like the U.K. and Germany. The shares had gained 27% since its initial public offering before the wave of internet commentary dragged it down on Tuesday. The company is also facing increased competition in the booming at-home fitness market, especially among workout apps. Nike Inc., Aaptiv Inc. and apps like Kayla Itsines’s Sweat with Kayla have all gained followings for exercise programs available on a user’s phone.Peloton has been punished by Wall Street for its focus on growth over profitability. The company sells a stationary bike starting at about $2,000 and a treadmill that costs about $4,000, in addition to a basic “connected fitness” subscription plan at $39 a month for those pieces of hardware, and the separate digital apps that don’t require equipment. Its loss narrowed in the three months ended Sept. 30 to $49.8 million.The stock surged almost 10% last Friday after the company was reportedly seeing strong demand on Black Friday. And earlier this month, Peloton lowered the price of its digital subscription app to $12.99 a month from $19.49 in conjunction with the launch of new apps for Amazon’s Fire TV and the Apple Watch, a move that could entice new users. JMP Securities analysts raised their price target on the stock after the subscription reduction, saying it “broadens Peloton’s reach, improves conversion, and reduces purchase friction.” Ronald Josey, a JMP analyst, said there are “a lot of good things going on” at the company and that people will continue to buy the bike and other products despite the controversy.According to the most recent earnings report, Peloton expects its user base to grow to 680,000 or more by the end of its second quarter thanks to holiday sales and New Year’s resolutions.Scott Galloway, a professor of marketing a the NYU Stern School of Business, said the commercial itself is tone deaf and borderline offensive. But “in this attention-driven economy, anything that gets attention is arguably a positive,” he said in an interview. “It’s bringing Peloton into the social discourse on very regular basis, which is what ads are supposed to do.” If Peloton had to do it again, Galloway said, “I’d argue they probably would.”(Updates shares in third paragraph. A previous version of the story corrected a company error in the subscription price.)To contact the reporter on this story: Julie Verhage in New York at jverhage2@bloomberg.netTo contact the editors responsible for this story: Mark Milian at mmilian@bloomberg.net, Molly Schuetz, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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06 Dec, 2019 / 17:50

National consumer-rights law firm FeganScott consolidated its two proposed class action suits against Apple (AAPL) and Samsung Electronics (SSNLF) after independent testing from a Federal Communications Commission-accredited laboratory confirmed that radio-frequency (RF) radiation levels from popular Apple and Samsung smartphones far exceeded federal limits when the devices are used as marketed by the manufacturers.

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06 Dec, 2019 / 17:44

The conglomerate is badly lagging behind the S&P 500. A stubborn approach to capital allocation is a big part of the problem.

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06 Dec, 2019 / 17:42

The largest public company in the world as measured by market capitalization is now Saudi Arabian Oil Co. Investors may be put off by the bigness, but history shows it has little bearing on stock performance.

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06 Dec, 2019 / 17:32

Top tickers for midday: AAPL, BAC, TSLA, BABA, AMZN, AMD, ROKU, DHR, FB, UBER, MU, MSFT, ULTA, FCX, DIS, NVDA, XOM, CLF, JPM, INTC.

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06 Dec, 2019 / 17:32

An overview of Chase Coleman and Philippe Laffont’s common holdings Continue reading...

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06 Dec, 2019 / 17:28

The Dow Jones Industrial Average extended its gains to more than 340 points midday, fueled by bullish jobs data and big gains by Apple, Nike and 3M.

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06 Dec, 2019 / 17:19

The iPhone maker has been able to navigate the trade tariffs unscathed, and a big reason is CEO Cook's relationship with the White House. That courtship will be put to the test soon.

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06 Dec, 2019 / 17:11

Samsung's Galaxy S11 will reportedly have a very powerful rear-camera system. And rivals aren't standing still, either.

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06 Dec, 2019 / 16:31

Also, stock-market momentum and picks, and how to save a lot of money watching TikTok.

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06 Dec, 2019 / 16:02

The retailer of consumer durables will look to entice customers with a doorbuster promotion throughout December.

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06 Dec, 2019 / 15:47

This morning 257 companies set new 52-week highs. Significant Points: The largest company by market cap to set a new 52-week ...

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06 Dec, 2019 / 15:33

Epidemic Sound, backed by Spotify's investors, is one of a new wave of music companies expanding rapidly on the back of demand for easy access to original music from commercial users, especially YouTubers.

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06 Dec, 2019 / 15:26

‘Now people are literally just staring at their screens as they’re walking down Park Avenue.’

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06 Dec, 2019 / 15:21

Nintendo (NTDOY) enters into partnership with Tencent to sell Switch consoles and gain foothold in China.

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06 Dec, 2019 / 15:21

The major stock indexes jumped at the stock market open after a strong jobs report. Tesla accelerated higher after its bull case price target was upped to 500.

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06 Dec, 2019 / 15:18

"So of course, they're going to get there."

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06 Dec, 2019 / 15:15

BP goes all-in on AWS, which highlights the efficiency and reliability of Amazon's (AMZN) cloud services offerings.

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06 Dec, 2019 / 14:56

The Zacks Analyst Blog Highlights: Amazon, Microsoft, eBay, Alibaba and JD.com

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06 Dec, 2019 / 14:31

The best tech stocks to buy and watch are strong price performers with healthy fundamentals, thanks to a new product or service that's driving growth.

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06 Dec, 2019 / 14:30

Stocks are pointing to a higher opening on December 6 following better than expected jobs data.

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06 Dec, 2019 / 14:25

Tech giants like Alphabet, Amazon, IBM, Microsoft and Apple are foraying into the healthcare industry to capitalize on its prospects.

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06 Dec, 2019 / 14:24

Microsoft’s Xbox boss dismisses the VR gaming market, while Sony embraces it.

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06 Dec, 2019 / 14:14

In a generation wary of privacy policies, Apple Inc. (NASDAQ: AAPL) has trust issues. Consumers of the iPhone 11 have complained for months about a “privacy location bug” that did not receive a formal explanation until Friday. The iPhone 11 requests users’ locations in spite of internal settings configured not to seek such information.

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06 Dec, 2019 / 13:58

Apple, the stock with the largest market capitalization within the S&P 500, is a better bet than the stock with the smallest, TripAdvisor. With a market cap of over $1 trillion, Apple (AAPL) has more than 320 times the portfolio weighting in the S&P 500 index (SPX) than TripAdvisor (TRIP) whose market cap is $113 million. Wouldn’t the S&P 500 index be improved if it gave equal weight to all 500 stocks?

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06 Dec, 2019 / 13:54

Saudi Aramco, which is set to trade on the Riyadh stock market, beat the previous record held by Chinese e-commerce behemoth Alibaba.

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06 Dec, 2019 / 13:30

The cloud computing segment is now being roped into the ongoing investigation.

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06 Dec, 2019 / 13:30

Uber may dominate the U.S. ridesharing market, but these tech companies have much more to offer investors.

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06 Dec, 2019 / 13:28

Did the data breach really cause the Macy's stock price to drop, or are investors just tired of traditional retail?

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06 Dec, 2019 / 13:20

As stock market volatility continues, the blue-chip index is showing fluctuation. However, a closer look into the index reveals that not all stocks are erratic.

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06 Dec, 2019 / 13:07

It's time to look forward to 2020. And analysts are already forecasting which will be the most profitable S&P 500 companies in the new year.

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06 Dec, 2019 / 13:00

Mining giant Glencore’s share price sank by 9% after the Serious Fraud Office (SFO) announced that it has launched a bribery investigation into the firm.

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06 Dec, 2019 / 12:51

The enterprise collaboration platform reported third-quarter earnings, with solid customer metrics driving growth.

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06 Dec, 2019 / 12:30

Cryptocurrencies may have been “additions” rather than “substitutes” thus far in the world of finance, but the ...

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06 Dec, 2019 / 11:26

France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. The Paris-based Organisation for Economic Cooperation and Development is in the midst of the biggest rewrite of international tax rules since the 1920s, aimed at updating them globally for the digital era.

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06 Dec, 2019 / 11:16

Investors in this space should buy financially strong AR companies with platforms that can drive adoption.

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06 Dec, 2019 / 11:00

On October 2 2018, at 1.14pm, Jamal Khashoggi, probably Saudi Arabia’s best-known journalist, walked into the Saudi consulate in Istanbul, by prior appointment, to collect documents he needed for his forthcoming marriage. The Saudis then said a negotiation to persuade Khashoggi to return to Riyadh from self-imposed exile in Washington had gone badly wrong. Khashoggi, a court insider whose outspokenness fell foul of Mohammed bin Salman, the crown prince and de facto Saudi ruler, had been writing trenchant if measured columns in the Washington Post on the unbridled autocracy of the headstrong young prince.

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06 Dec, 2019 / 10:36

EU antitrust regulators are coming after Facebook once again over how the company collects and monetizes its vast collection of data.

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06 Dec, 2019 / 10:12

(Bloomberg) -- SoftBank Group Corp.’s massive investment in WeWork triggered a multi-billion-dollar writedown and a rare apology from founder Masayoshi Son. But one analyst argues the deal is likely to work in the end and SoftBank will have the “last laugh.”Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan and more carefully focuses on the evolution of the corporate office market. He likens WeWork’s business model to Starbucks’s, where branding, consistency and global scale give it an advantage over the competition.Lane argues WeWork can achieve profitability if it pulls back on extraneous areas and calms a frenetic pace of expansion to focus on filling up existing space. That will allow it to grab an estimated 8% of an emergent market for pre-fitted offices for corporate clients, almost like a white-label tech gadget or home appliance.“We think investors should think of the basic business as being similar to Starbucks,” Lane wrote in a 21-page research report. “While profitable, the scale of profits that can be generated from a single site is small. Starbucks as a corporation only makes sense if you plan to open thousands of outlets.”It’s a contrarian take on a WeWork deal that has been widely viewed as a fiasco. After SoftBank invested in the co-working startup, its planned initial public offering fell apart as investors balked at its enormous losses and conflicted governance. Son conceded “there was a problem with my own judgment” as he announced the writedown last month. SoftBank has put about $14 billion into a startup that’s now valued at less than $8 billion.The Japanese company’s shares are down about 30% from their peak in April. They were little changed on Friday.After discussions with management, Lane explains they see an opportunity for WeWork to move beyond the niche of providing space for entrepreneurs to offering flexible real estate for a broad range of companies. He calls this “managed space as a service” and compares it to “software as a service,” which is the way many companies now buy from Microsoft Corp. and Salesforce.com Inc. WeWork, Lane says, sees the potential to make $500 per month on memberships as “an on-going annuity,” far more than software generates.SoftBank named Marcelo Claure, the former chief executive at Sprint Corp., executive chairman of WeWork and put him in charge of the turnaround effort. Under his leadership, Lane says the company will be able to focus on profitability by stopping any incremental expansion, filling its existing space and slashing overhead by getting rid of expansion staff and non-core businesses. WeWork’s ability to gather data about office-use and optimize layouts -- while not entirely substantiated -- could prove disruptive to the industry, he added.He estimates that WeWork’s revenue will rise from $720 million a quarter to about $1.5 billion if it can push occupancy to 90% on its current portfolio. Once profitable, WeWork will once again try to go public, perhaps in 2023, and then raise additional capital to resume expansion, albeit more slowly than before.With a discounted cash flow model, Lane projects WeWork would have an enterprise value of $28.8 billion in 2025. That would make SoftBank’s 80% stake worth about $19.1 billion, roughly 40% more than the estimated $13.8 billion the company and its Vision Fund have invested.“We believe WeWork’s valuation is justified if you believe in the long-term, ‘office space’ will be a managed service outsourced to professionals – and that WeWork will be the leading global player,” Lane wrote. “Despite the huge embarrassment WeWork has been for SoftBank this year, we suspect SoftBank will have the last laugh when they bring the company back to market in a few years – bigger and profitable.”(Updates with shares in the sixth paragraph.)To contact the reporters on this story: Pavel Alpeyev in Tokyo at palpeyev@bloomberg.net;Takahiko Hyuga in Tokyo at thyuga@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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06 Dec, 2019 / 10:00

France rejects a U.S. proposal this week that would let companies opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith.

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06 Dec, 2019 / 09:29

Copper prices edged up on Friday, set for a third straight weekly gain, following U.S. President Donald Trump's upbeat rhetoric on trade talks with China, although concerns about demand for the metal kept gains in check.

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06 Dec, 2019 / 03:01

The major stock indexes ended the session modestly higher amid trade optimism and impeachment news. Nike broke out above a buy point.

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05 Dec, 2019 / 23:01

The multi-billion-dollar philanthropic Bill & Melinda Gates Foundation said on Thursday that its chief executive officer, Sue Desmond-Hellmann, is to step down after more than five years, to be replaced by Mark Suzman.

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05 Dec, 2019 / 22:44

* Valuation of $1.7 trln falls below Crown Prince's $2 trln target

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05 Dec, 2019 / 22:11

Top tickers for end of day: DHR, AAPL, NIO, BABA, LB, JPM, TLRD, FB.

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05 Dec, 2019 / 21:58

Nintendo Ltd/ADR (OTC: NTDOY) had its best ever sales week for its Switch game consoles in the United States, selling 830,000 of them ...

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05 Dec, 2019 / 21:49

The Dow Jones traded slightly higher, defying the Trump impeachment news. Nike and Apple led the Dow Jones after big analyst upgrades.

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05 Dec, 2019 / 21:37

Slack Technologies Q3 earnings handily beat analyst estimates on revenue and billings while guidance met expectations amid rising competition with Microsoft.

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05 Dec, 2019 / 21:28

The rise of Teams isn't slowing Slack's high-flying growth.

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05 Dec, 2019 / 21:04

An analyst expects Apple to outperform expectations, and Nike is one of Goldman's top picks.

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05 Dec, 2019 / 20:43

The Dow Jones edged higher in afternoon trading Thursday, but Nike and Apple outperformed, helped by positive analyst chatter.

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05 Dec, 2019 / 20:04

Saudi Aramco just priced its IPO at the high end of the targeted range, selling 3 billion shares or a 1.5% stake at 32 riyals ($8.53) per share for a total of $25.6 billion, and giving the oil giant a market valuation of $1.7 trillion.

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05 Dec, 2019 / 19:48

As the 2020 U.S. elections come in to focus, investors are turning their attention to potential policy changes that could have a major impact on the U.S. economy and stock market.

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05 Dec, 2019 / 19:31

Several analysts have weighed in on Slack following its third-quarter report. Here’s a sampling of what they’ve had to say.

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05 Dec, 2019 / 19:16

* Valuation of $1.7 trln falls below Crown Prince's $2 trln target

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05 Dec, 2019 / 19:04

Saudi Arabia just generated the most sizable initial public offering in history, raising $25.6 billion by selling 3 billion shares in its giant state-owned oil monopoly. Saudi Aramco priced the massive 3 billion shares at 32 riyals ($8.53) each in its IPO, according to a source familiar with the...

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05 Dec, 2019 / 19:03

Everyday people do it, here's how.

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05 Dec, 2019 / 18:35

The multi-billion dollar philanthropic Bill & Melinda Gates Foundation said on Thursday that its chief executive officer, Sue Desmond-Hellman, is to step down after more than five years, to be replaced by Mark Suzman.

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05 Dec, 2019 / 18:30

Top tickers for midday: AAPL, BABA, FB, AMD, ROKU, AMZN, TSLA, DHR, NFLX, SHOP, NIO, BYND, MSFT, WORK, BAC, GE, T, MU, BA, CRM.

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05 Dec, 2019 / 17:53

Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having "reasonable controls" with regard to collection, use and sharing of personal data.

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05 Dec, 2019 / 17:39

Price action, internal momentum and volume aren’t great, but that doesn’t matter when the president wields his baton.

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05 Dec, 2019 / 17:20

Key market indexes reversed from early gains Thursday, as the Dow Jones industrials gave up a near 100-point gain despite advances from Nike and Apple.

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05 Dec, 2019 / 17:14

On Wednesday, Slack CEO Stewart Butterfield commented after an earnings report, that most of Slack’s key customers use aspects of Microsoft’s Office 365 suite, but are still opting to utilize Slack for messaging anyway, as opposed to the available yet competing Microsoft Teams app. Following...

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05 Dec, 2019 / 17:09

Microsoft’s cloud computing businesses ultimately will have the same or better profit margins as Amazon Web Services, a Wall Street analyst said. Microsoft stock got a price-target hike.

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05 Dec, 2019 / 16:41

U.S. supermarket chain Kroger Co missed Wall Street estimates for quarterly sales and profit on Thursday, hurt by stiff competition from industry stalwarts including Walmart Inc and Amazon.com Inc.

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05 Dec, 2019 / 16:27

Many investors are often captivated by the more glamorous side of the technology sector and although Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Qualcomm (NASDAQ: QCOM) are older companies, share price appreciation puts those behemoths in the glitzy category. However, there are some...

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05 Dec, 2019 / 16:22

Cupertino's changing design philosophy seems to have sparked investor enthusiasm as iPhone sales gain momentum.

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05 Dec, 2019 / 15:55

* Valuation of $1.7 trln falls below Crown Prince's $2 trln target

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05 Dec, 2019 / 15:27

It’s the most wonderful time of the year, and that also includes investing. Here are 3 top stocks that we believe will only go up thanks to the holiday season.

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05 Dec, 2019 / 15:17

The major stock indexes reversed early gains Thursday, despite continued trade optimism. Nike stock scored a breakout after an upgrade.

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05 Dec, 2019 / 15:15

DUBAI/RIYADH, Dec 5 Reuters) - State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, three sources told Reuters, raising $25.6 billion and overtaking China's Alibaba to achieve the world's biggest stock market flotation.

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05 Dec, 2019 / 14:46

Even with 20 million daily active users, Microsoft Teams isn't a threat to Slack, according to the collaborative communication software company's CEO.

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05 Dec, 2019 / 14:43

Apple Inc on Thursday said it has bought the first-ever commercial batch of carbon-free aluminum from a joint venture between two of the world's biggest aluminum suppliers.

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05 Dec, 2019 / 14:30

Citi analyst Jim Suva raised his price target for Apple to $300 from $250 after "materially" increasing his sales and earnings estimates.

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05 Dec, 2019 / 13:07

S&P 500 volatility reminds investors of the importance of owning quality companies. Even better? High-quality stocks that also make big profits for investors. 

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05 Dec, 2019 / 13:00

U.S. Federal Trade Commission (FTC) has broadened scrutiny of Amazon.com Inc beyond its retail operations to include cloud-computing business, Bloomberg https://www.bloomberg.com/news/articles/2019-12-04/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business?srnd=technology-vp reported on Wednesday, citing people familiar with the matter.

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05 Dec, 2019 / 03:11

U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg https://www.bloomberg.com/news/articles/2019-12-04/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business?srnd=technology-vp reported on Wednesday, citing people familiar with the matter.

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05 Dec, 2019 / 01:26

U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond its retail operations to include its cloud-computing business, Bloomberg https://news.bloomberglaw.com/mergers-and-antitrust/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business reported on Wednesday, citing people familiar with the matter.

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05 Dec, 2019 / 00:57

Slack Technologies Inc beat Wall Street estimates for quarterly revenue and profit as it signed on larger companies to its workplace communication platform, sending its shares up nearly 3% in trading after the bell.

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04 Dec, 2019 / 23:47

Stocks punch higher today on light volume. After a few days of selling are stocks out of the woods?

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04 Dec, 2019 / 22:12

Slack Technologies Inc forecast disappointing current-quarter revenue and profit on Wednesday as its messaging platform wrestles with stiff competition.

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04 Dec, 2019 / 21:46

This was a much-needed win for AWS after losing a lucrative $10 billion government contract to Microsoft in October.

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04 Dec, 2019 / 21:46

Slack Technologies Inc. easily beat the disappointing quarterly forecast it gave in its first earnings report as a public company Wednesday, but it didn’t seem to help the company’s beleaguered stock.

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04 Dec, 2019 / 21:32

Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share. The dividend is payable March 12, 2020, to shareholders of record on Feb. 20, 2020. The ex-dividend date will be Feb. 19, 2020.

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04 Dec, 2019 / 21:05