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Sarah Stephenson-Hunter, who works at the University of Oxford advising disabled staff, writes about her worries returning to work.

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05 Jun, 2020 / 08:57

Singapore plans to give a wearable device that will identify people who had interacted with carriers of coronavirus to all of its 5.7 million residents, in what could become one of the most comprehensive contact tracing efforts globally.

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05 Jun, 2020 / 07:40

Amazon Inc. (NASDAQ: AMZN) and Slack Technologies Inc. (NYSE: WORK) are forming a strategic partnership that will help the two companies ...

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05 Jun, 2020 / 07:17

Dow Jones futures: Coronavirus stock market rally sector rotation continued, with airlines soaring and growth names falling. Tesla is in the friend zone. Slack and RH led earnings movers.

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05 Jun, 2020 / 06:16

Apple Inc. (NASDAQ: AAPL) has weathered the economic impact of the novel coronavirus pandemic in a "Jacques Cousteau-like fashion," and the consumer electronics company could become the first to cross $2 trillion in market valuation by the end of 2021, according to Wedbush.AAPL Rating, Price Target Wedbush analyst Daniel Ives maintained an outperform rating and increased its price target from $350 to $375. Ives upgraded its bull case for AAPL shares from $400 to $425.'Major 5G cycle on the horizon' For Apple Wedbush said in an analyst note on Thursday that Apple is best set to benefit from the growth of 5G standard for cellular networks, alongside a growth in its services business.The analysts reiterated their stance that about 350 million iPhones are in the "window of an upgrade opportunity," meaning iPhone users who are looking to upgrade to a later version of the device."[We] believe Cupertino has a unique opportunity to capture this delayed super cycle opportunity with a major 5G cycle on the horizon which will include a host of new smartphone versions/models for iPhone 12," Wedbush noted.China will remain a key market for Apple, accounting for about 20% of these iPhone upgrades over the next year, as per Wedbush.Wedbush maintained that the iPhone 12 with a "mix of 4G/5G" is likely to be launched ahead of the holiday season in October.Apple's services business is set to exceed $60 billion revenue for the current financial year, as demand is projected to spike in the coming months, Wedbush said. It gave a valuation between $500 billion to $650 billion to the segment.The sales of the Cupertino-based company's wireless Bluetooth earbuds Airpods should also come near an "eye popping" 85 million units, compared to the 65 million last year, according to Wedbush.AAPL Price Action Apple shares closed about 0.9% lower at $322.32 on Thursday and inched further lower at $322.10 in the after-hours session.Latest Ratings for AAPL DateFirmActionFromTo Jun 2020Morgan StanleyMaintainsOverweight May 2020B of A SecuritiesMaintainsBuy May 2020Deutsche BankMaintainsBuy View More Analyst Ratings for AAPL View the Latest Analyst RatingsSee more from Benzinga * Why Genius Brands Is On A Massive Rally, Adding Nearly 2500% Value In A Month * Warner Music Set To Go Public Today, In Anticipated Largest US IPO Of The Year * Peloton Makes Its Fitness App Available On Apple TV After Pandemic Demand Surge(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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05 Jun, 2020 / 04:07

(Bloomberg) -- Amazon.com Inc. is in preliminary talks to buy a stake in No. 2 Indian carrier Bharti Airtel Ltd. for at least $2 billion, Reuters reported, joining Facebook Inc. and other U.S. giants in betting on one of the world’s fastest-growing internet arenas.The U.S. online retailer is in early-stage discussions to buy about a 5% stake in the Indian wireless operator, Reuters said, citing anonymous sources. A deal will help Amazon access Bharti’s 300 million subscribers -- a user base akin to the entire U.S. population. On Friday, the Indian carrier said in a statement it wasn’t considering any proposal to sell a stake to Amazon, referring to reports as “speculative.”American technology and investment giants have been buying stakes in Indian companies to build their presence in Asia’s second-most populous nation. Facebook agreed to invest about $5.7 billion into a unit of Mukesh Ambani’s Reliance Industries Ltd. in April, while Microsoft Corp. is reportedly considering a stake in the same company.Amazon already has deep roots in India, where Chief Executive Officer Jeff Bezos has visited and vowed to build one of his biggest e-commerce operations outside of the U.S. Bezos, now the world’s richest man, said during a trip in January that his company would invest another $1 billion on top of the billions it’s shelled out to bring small and medium-size businesses online. Amazon is now vying with Walmart Inc.’s Flipkart to tap an increasingly affluent population adopting smartphones at a rapid clip.Read more: Jeff Bezos’s India Visit Marked by Probe and ProtestsAn Amazon spokeswoman in India declined to comment. “We routinely work with all digital and OTT players and have deep engagement with them to bring their products, content and services for our wide customer base. Beyond that there is no other activity to report,” a Bharti spokesperson said.An influx of capital would be welcome to New Delhi-based Bharti Airtel, which has come under pressure to beef up its offerings ever since Ambani’s technology venture went on a deal spree to secure about $10 billion in investment from Facebook to KKR & Co. Airtel’s billionaire Chairman Sunil Mittal may be looking to leverage the diverse businesses in his empire just as Ambani goes into overdrive to transform his oil-and-petrochemicals company into an Indian e-commerce and digital payments titan with Jio Platforms.Read more: How Facebook’s Reliance Deal Upends a $1 Trillion Digital ArenaIn its 25 years of operations, Bharti Airtel has survived frequent policy changes in one of the world’s toughest telecommunications markets. It lost its position as India’s largest wireless carrier last year to Ambani’s Reliance Jio Infocomm Ltd., which debuted in 2016 and shook up the industry with free calls and cheap data. The most recent blow to Bharti Airtel came in October, when the nation’s top court in a shock ruling ordered it to pay $3 billion in back fees.The technology ambitions of Ambani, Asia’s richest man, have turned the spotlight on his telecommunications rivals, including Vodafone Idea Ltd., the struggling Indian business of British operator Vodafone Group Plc. The Financial Times reported May 28 that Alphabet Inc.’s Google is considering acquiring a stake in that venture. Vodafone Idea said it isn’t currently considering any such proposal.Besides telecommunications, Mittal’s Bharti Enterprises has businesses spanning insurance, real estate, education and farm food.(Updates with Bharti Airtel’s comment from the second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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05 Jun, 2020 / 03:25

You can still find safe and rising income from stocks -- if you know where to look.

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05 Jun, 2020 / 03:08

(Bloomberg) -- Broadcom Inc., a major Apple Inc. supplier, suggested the latest iPhones will be launched later than usual this year.Hock Tan, chief executive officer of Broadcom, discussed a “major product cycle delay” at a “large North American mobile phone” customer, during an earnings conference call with analysts on Thursday.Tan often refers to Apple this way. This time, the executive said the delay will mean the bump in wireless revenue experienced by Broadcom will happen one quarter later than usual this year.“We are in,” Hock said, referring Broadcom components in the iPhone. “The question is timing.”“This year, we do not expect to see this uptick in revenue until our fourth fiscal quarter,” the CEO added. “So accordingly, we expect, our wireless revenue in Q3 will be down sequentially.”Apple is planning to release its next iPhone line multiple weeks later than usual, Bloomberg News previously reported. The company typically unveils its new iPhones in the second half of September, but has occasionally, like in the case of the iPhone X in 2017, launched major new models later in the year.Phone makers usually order components months ahead of product launches. Apple typically releases new versions of the iPhone in September. If it followed that time line, Broadcom would receive orders in the current quarter, which runs through July. The chipmaker said that’s not happening this year. “Because of product cycle delays the trough for our fiscal year will be Q3. This coming quarter,” Tan said. “Nothing has changed in terms of designs, nothing has changed in terms of the content,” including more 5G components, the CEO added. The delay to the new iPhone release is due to the Covid-19 pandemic, which has slowed Apple engineer travel to China to finalize the devices and required employees to mostly work from home in the early months of 2020.Broadcom’s Tan also warned about “supply constraints and an expected substantial reset in wireless” when the company’s results came out on Thursday. With much of the world’s population confined to their homes, handset demand has dropped.(Updates with CEO comment in eighth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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05 Jun, 2020 / 01:00

Broadcom Inc on Thursday forecast current-quarter revenue with a midpoint slightly below analysts' estimates, in part caused by a delay at a "large North American mobile phone" customer that analysts believe is Apple Inc.

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05 Jun, 2020 / 00:25

(Bloomberg) -- Slack Technologies Inc. withdrew its annual billings forecast, citing business uncertainty, signaling the company isn’t confident it will benefit as much from the work-from-home era as investors expect. Shares fell 16% in extended trading.Slack had earlier projected billings of as much as $1 billion this fiscal year. Investors closely track this metric for cloud-based software companies because it gives a view of the strength of the company’s pipeline.Chief Executive Officer Stewart Butterfield has sought to strengthen his company’s market position during the coronavirus pandemic, which has forced millions of people to work and learn from home to prevent the spread of Covid-19. The software maker’s app is a combination of an office chat room and a workflow platform to automate tasks. In March, Slack simplified the design of the program in a bid to remain competitive with Microsoft Corp.’s Teams application. Slack has a growing rivalry with the world’s largest software maker, whose product bundles chat, video conferencing and other collaboration tools.“The second half of the year is just too complex,” Butterfield said in an interview. “There are significant tailwinds, there’s some headwinds, and it’s hard to know how that factors out. If you set that aside, I think this is a generational shift in how people work and we’ll be able to play a major role in that going forward.”Investors also were disappointed by Slack’s annual revenue forecast of $855 million to $870 million, up just slightly from the company’s projection in mid-March. Analysts, on average, estimated $856.5 million, according to data compiled by Bloomberg.“Slack’s withdrawal of full-year billings guidance looks conservative to us and likely suggests a pull-forward of revenue amid faster new-customer additions due to remote work,” Mandeep Singh, a Bloomberg Intelligence analyst, wrote Thursday in a note. Microsoft is also pricing Teams cheaply, which may cause Slack to lose a higher number of customers than usual, he said. Microsoft bundles Teams with its 365 productivity suite.In the fiscal first quarter, sales gained 50% to $201.7 million, the San Francisco-based company said Thursday in a statement. Analysts estimated $187 million. The company reported a loss, excluding some items, of 2 cents a share, in the period ended April 30, compared with analysts’ projections of a loss of 6 cents.Slack now has more than 122,000 paying customers, an increase of 28% compared with a year earlier. The company said the number of clients who spend more than $100,000 for the platform jumped 49% to 963.Slack’s results were especially disappointing because Zoom Video Communications Inc., a video-conferencing software maker, on Tuesday projected soaring revenue for the rest of the year. Investors expected Slack to greatly benefit from the boom in remote work as well, but many of the company’s customers are small- and mid-sized businesses, which have struggled during the pandemic.The company also announced a major partnership with Amazon.com Inc., which will make Slack available to all of its employees. Some of Amazon’s workers already use the service. Amazon Web Services, the cloud-computing arm of the retail giant, is now Slack’s preferred cloud vendor. The appmaker will use a raft of AWS products, including Chime, an audio and video call service, to power the backend of Slack calls.Shares fell to a low of $31.30 in extended trading after closing at $37.94 Thursday in New York. The stock has climbed 69% this year.“I can’t care about the stock price on the level of individual days,” Butterfield said when asked about the reaction to earnings. “I just wouldn’t be able to do my job. I care about where the share price is five years from now and 10 years from now. This is just a very volatile time.”(Updates with comments from CEO starting in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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04 Jun, 2020 / 23:38

(Bloomberg) -- Broadcom Inc., a chipmaker that supplies Apple Inc. and other large electronics makers, gave a lackluster forecast, as weak demand for smartphone parts overshadowed rising orders from data center owners.Revenue in the three months ended in July will be $5.75 billion, plus or minus $150 million. That compares with an average analyst prediction of $5.77 billion, according to data compiled earlier on Thursday by Bloomberg.The San Jose, California-based company makes chips that filter radio signals and provide WiFi connections in iPhones and other smartphones. With much of the world’s population confined to their homes, handset demand has dropped. Broadcom is also a key supplier of switch chips, the complex semiconductors that manage data traffic in networking equipment, an area where demand is surging.Read more: Smartphone Shipments Projected to Fall a Record 12% in 2020“Looking ahead, our third-quarter guidance for semiconductors reflects a surge in demand from cloud, telecom and enterprise customers, offset by supply chain constraints and an expected substantial reset in wireless,” Chief Executive Officer Hock Tan said in a statement.Tan explained that his “large North American smartphone customer” -- typically how he refers to Apple -- is undergoing a “product cycle delay.” That means the usual improvement in wireless-related orders that comes in the company’s fiscal third quarter, which runs through July, will now be seen in the following three-month period. This implies the debut of the next iPhone will come later than its usual September release. Phone makers typically order chips months in advance of building the devices.Balancing that weakness in smartphones, orders for chips used in data center gear have strengthened into the current period, Tan said. Bookings remain “extremely strong” he said. A bright spot for the industry has been the rush to buy equipment by the large cloud-computing providers, who are spending to increase their capacity in an effort to meet a flood of extra traffic caused by the boom in remote work.Three months ago, Broadcom withdrew its annual sales forecast and gave weak near-term guidance, citing the coronavirus pandemic. Tan said in March that the supply chain hadn’t been hurt by the lockdown. Then in April, the company told customers to place orders at least six months ahead of time because of shelter-in-place rules in Malaysia, Thailand, Singapore and the Philippines. That supply chain is now on the mend, he said.Read more: Broadcom Sounds Alarm on Unforeseen Tech Industry DisruptionsBroadcom, one of the latest to report earnings in the tech sector, is giving an up-to-date view on demand as the economy crumbles in the midst of the pandemic. The stock gained about 1% in extended trading following an initial decline. The shares closed at $308.89 earlier in New York.The company, one of the world’s largest chipmakers, has branched out into mainframe computer and security software. Tan assembled Broadcom in a string of acquisitions, giving its products a role in everything from powerful data center networking gear to smartphones.Net revenue in the fiscal second quarter rose 4% to $5.74 billion, the company said. Before certain items, profit was $5.14 a share.(Updates with comments from CEO throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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04 Jun, 2020 / 23:10

Apple chief Tim Cook shares thoughts on the "senseless killling" and calls on Americans to "stand up for one another."

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04 Jun, 2020 / 22:48

(Bloomberg) -- U.S. federal and state authorities are asking detailed questions about how to limit Google’s power in the online search market as part of their antitrust investigations into the tech giant, according to rival DuckDuckGo Inc.Gabriel Weinberg, chief executive officer of the privacy-focused search engine, said the company has spoken with state regulators, and talked with the U.S. Justice Department as recently as a few weeks ago.Justice Department officials and state attorneys general asked the company about requiring Google to give consumers alternatives to its search engine on Android devices and in Google’s Chrome web browser, Weinberg said in an interview.“We’ve been talking to all of them about search and all of them have asked us detailed search questions,” he added.Weinberg’s comments shine a light into how the inquiry is examining Google’s core business -- online search. Bloomberg has reported that the Justice Department and Texas are already examining Google’s dominance of the digital advertising market. The Justice Department and a coalition of states led by Texas Attorney General Ken Paxton have been investigating the company for a year, and the DOJ has begun drafting a lawsuit, which could be filed in the coming months. It would kick off one of the most significant antitrust cases in the U.S. since the government sued Microsoft Corp. in 1998.The investigations have been wide-ranging and are looking into various parts of Google’s business. States including Utah and Iowa are focusing on search, according to people familiar with the matter. Texas is looking at the digital ad market and related technology.Google handles the majority of online searches in the U.S., with Microsoft’s Bing, DuckDuckGo and other providers trailing far behind. Google Search is free for users, but the company’s lead helps it charge thousands of businesses high prices for ads that run above the free web listings in results. Last year, that business generated almost $100 billion in revenue.Read more: Google Search Dominance Has Businesses Paying for Their Name“We continue to engage with the ongoing investigations led by the Department of Justice and Attorney General Paxton, and we don’t have any updates or comments on speculation,” a Google spokeswoman said. In the past, the company has said that online competition is just a click away.The Federal Trade Commission previously investigated whether Google stifled competition in the market for online search advertising, but it closed the probe in 2013 after the company agreed to relatively minor changes. However, portions of communications between FTC commissioners and staff later showed that staffers recommended bringing an antitrust lawsuit against Google.Read more: Google Should Be Afraid of Latest U.S. ScrutinyWeinberg said the questions he has fielded recently about requiring Google to present users of its tech alternatives to its own search engine suggest that’s something the government could include in a possible future settlement.“That’s one direction we think has a decent probability,” he added. The Justice Department declined to comment. Attorneys general in Utah and Iowa didn’t respond to requests for comment.In Europe, Google was fined a record $5 billion for antitrust violations in 2018. As part of that ruling, the company is required to give consumers using phones that run its Android operating system a choice of different search engines and web browsers. Competing services must bid in an auction to be included in a “choice screen.”“Could this be a precursor to similar changes in the U.S.?” Mark Shmulik, Toni Sacconaghi and other analysts at Sanford C. Bernstein, wrote in a note to investors earlier this week.Europe’s remedy has gone through various iterations and some rivals have argued that having to pay to be included in the choice screen is unfair.Read more: Google App Prompts Watched ‘Very Very Closely’ by EU’s VestagerEcosia, a not-for-profit search engine based in Germany, boycotted the auction. DuckDuckGo participated in the most recent auction, but said it may not be able to compete if prices rise.“This auction remedy, proposed by Google, was constructed to make Google money, not to provide meaningful consumer choice,” DuckDuckGo said in a blog post last week.It suggested scrapping the auction and said that an unpaid “search preference menu” has increased competition already in Russia. In 2010, Microsoft created a successful browser preference menu without an auction where the top five web browsers by market share appeared randomly, DuckDuckGo said.“While our view is that users are unlikely to switch search engines, Yandex grew their search engine share by 2,000 basis points to 58% in three years following a similar ruling in Russia,” Bernstein’s Shmulik wrote in the recent Bernstein note to investors.If the U.S. incorporates these suggestions, it could bypass Europe as the most successful regulator of Alphabet Inc.’s Google, Weinberg said.“The U.S. gets criticized for being behind Europe but in reality what’s happened in Europe hasn’t worked,” the CEO added. “The U.S. not only can do it right from the start but has the opportunity to leapfrog the EU.”(Updates with analyst comment in 13th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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04 Jun, 2020 / 22:39

The company's applications had been downloaded more than 50 million times on a worldwide basis to date, according to data from app intelligence firm Sensor Tower. A complaint filed by the Dept. of Justice on behalf of the FTC alleged that HyperBeard had violated COPPA by allowing third-party ad networks to collect personal information in the form of persistent identifiers to track users of the company’s child-directed apps.

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04 Jun, 2020 / 22:34

Dow Jones futures: Coronavirus stock market rally sector rotation continued, with airlines soaring and growth names falling. Tesla is in the friend zone. Slack and RH led earnings movers.

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04 Jun, 2020 / 22:09

(Bloomberg) -- Apple Inc. employees heading back to work at the company’s headquarters in Silicon Valley will face new realities in the Covid-19 era, such as optional testing for the virus, closed kitchens and a requirement to wear masks.Apple began bringing some workers in to the main Apple Park office in May, including some hardware and software engineers. When they arrive, they’ll have the option of taking a nasal-swab test to check for the virus, according to people familiar with the process. Temperature checks are required.As the building gradually reopens, some employees are working from the Apple campus only a few days a week. Apple is also limiting the number of people allowed in confined spaces at its offices. For example, as few as two are permitted in elevators at the same time, which normally would fit as many as 10 employees. The company has also closed many break-room kitchens and has posted signs asking employees to wear masks.The Apple campus in Cupertino, California, has several open floor work areas where staff members are used to working in close proximity, but the company will need to make changes to that layout in order to bring back the rest of its workforce. An Apple spokesman declined to comment.In a sign of a return to normalcy, some members of the company’s executive team have returned to the main campus instead of working from home. Deirdre O’Brien, Apple’s head of retail and human resources, for example, sent her most recent video update to staff from Apple Park.Many large U.S. corporations are rethinking how to get thousands of employees safely back to work before a vaccine is widely available. Testing is seen as one way to help control the spread of the disease, as is limiting the number of people in spaces and wearing masks.Some Silicon Valley rivals, including Facebook Inc., recently told staff they won’t be offering testing in the near future, though the company has extended remote work through the end of the year, except for those developing critical hardware, which will return sooner. Amazon.com Inc. is offering tests to workers at some warehouses, while employees at the company’s Seattle headquarters expect testing to be done when staff returns in early October.Facebook has also said it would “aggressively” hire remote workers and that as much as half of its staff could eventually be remote. But Apple has long prioritized in-person meetings and hands-on product development, and its central business is hardware, which is less conducive to off-site work.Still, the company has taken the pandemic seriously and acted quickly to protect its staff and the public, shuttering all of its retail stores at different points this year to help curb the spread of the virus. It has since reopened more than half of its stores globally.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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04 Jun, 2020 / 21:58

Amazon and Slack are deepening their relationship with a new technology-sharing deal. Under a deal announced on Thursday, all Amazon employees will use Slack's work messaging suite. Shares of Slack were down 16% in after hours trading after the company reported better-than-expected sales results, but pulled its billings guidance for the full fiscal year.

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04 Jun, 2020 / 21:55

Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in June 2020.

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04 Jun, 2020 / 21:03

Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard Thursday afternoon after closing at record highs in recent days.

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04 Jun, 2020 / 20:29

Market breadth is often used to assess the overall health of the stock market and forecast its future direction. But market-breadth indicators can differ widely and lead investors astray.

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04 Jun, 2020 / 20:15

DEEP DIVE The U.S. stock market has defied many analysts’ expectations, with the benchmark S&P 500 Index rallying 40% from the bottom March 23. In fact, it’s been the best 50-day rally ever, according to analysts at LPL Financial Research.

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04 Jun, 2020 / 20:13

Apple's streaming video service Apple TV+ is off to a slow start, but a Wall Street analyst thinks the consumer electronics giant can still make it a success. Apple TV+ launched Nov. 1.

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04 Jun, 2020 / 20:11

Chasing you like a shot of whiskey Burning going down, burning going down…

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04 Jun, 2020 / 19:45

Celebs including Kanye West, Roger Federer and LeBron James earned a combined $6.1 billion in the last year

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04 Jun, 2020 / 19:22

State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.

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04 Jun, 2020 / 19:14

Yahoo Finance’s Dan Howley joins Kristin Myers to discuss how Apple is tracking iPhones that were stolen from its stores amid looting and civil unrest across the country.

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04 Jun, 2020 / 19:07

State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.

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04 Jun, 2020 / 18:30

The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed by the coronavirus pandemic, but world equity markets pulled in the reins after a strong seven-day run. The euro rallied for an eighth session after the ECB said it would increase the size of emergency bond purchases by 600 billion euros ($674 billion) to 1.35 trillion euros, more than the 500 billion-euro increase analysts had expected. A huge domestic support package from Germany also lifted the euro and briefly pushed European equities higher..

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04 Jun, 2020 / 18:08

State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.

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04 Jun, 2020 / 18:05

Of the five component FAANG stocks — Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc (NASDAQ: AMZN), Apple, Inc. (NASDAQ: AAPL), ...

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04 Jun, 2020 / 17:47

Apple TV+ has had a slow start, but it's way too early to write off the service as a failure, according to JPMorgan analysts. Apple doesn't disclose subscriber numbers for TV+, which launched last November, but press reports have pegged the subscriber base at between 10 million and 30 million, the majority of which aren't paying subscribers. Apple has offered TV+ for free to buyers of Apple devices, and according to JP Morgan analyst Samik Chatterjee, activation has been "low" even among users eligible for the free promotion.

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04 Jun, 2020 / 17:46

The Nasdaq 100 index retreated from an intraday record high on Thursday, with the S&P 500 and Dow Jones indexes also slipping as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out. Wall Street's main indexes had gained in early trading as U.S. weekly jobless claims fell below 2 million for the first time since mid-March, bolstering optimism around a pickup in business activity as economies reopened.

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04 Jun, 2020 / 17:31

State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Joe Biden, a senior Google security official said Thursday. The same official said Iranian hackers had also recently targeted email accounts belonging to President Donald Trump's campaign staff.

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04 Jun, 2020 / 17:23

As many expected, Zoom Video Communications Inc. (NASDAQ: ZM) reported a blockbuster first quarter. The platform became the primary ...

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04 Jun, 2020 / 17:11

Apple TV+ made its debut with a thin library, but its catalog is getting deeper and some of its original content is getting solid ratings on IMDb.

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04 Jun, 2020 / 16:22

Yahoo Finance's Tech Editor Dan Howley shares ways people can protect themselves with VPN.

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04 Jun, 2020 / 16:08

For more investors, low cost index funds, especially exchange-traded index funds, are the way to go. How annuities could protect your retirement income Annuities can help plan for retirement during a volatile market. Maybe you saw the study which found that 10% of retail investors beat the market indexes over time.

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04 Jun, 2020 / 16:00

Tencent (OTC: TCEHY) and Amazon (NASDAQ: AMZN), two of the largest tech companies in the world, have generated massive returns for investors over the past decade. Tencent's stock surged 1,360% as it expanded its gaming ecosystem and WeChat, China's most popular messaging platform. Meanwhile, Amazon's stock rose 1,820% as it dazzled investors with the growth of its e-commerce and cloud platforms.

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04 Jun, 2020 / 16:00

The S&P 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March. Wall Street's main indexes have recovered sharply from their March lows and the tech-heavy Nasdaq index is now only 2% below its all-time closing high hit in February.

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04 Jun, 2020 / 15:59

Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]

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04 Jun, 2020 / 15:58

The Nasdaq 100 on Thursday became the first U.S. equity index to reclaim its intraday record high as a reopening of the economy from coronavirus lockdowns powered a Wall Street rally following its stunning crash into a bear market in March.

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04 Jun, 2020 / 15:36

Slowly, Americans are migrating back to a very different world — offices designed to accommodate social distancing, staggered schedules, temperature checks, daily deep cleanings, contact tracing and potential testing.

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04 Jun, 2020 / 15:26

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Dan Howley discuss how Apple is tracking and disabling its stolen iPhones.

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04 Jun, 2020 / 15:16

* American Airlines up on plans to boost U.S. flights in July

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04 Jun, 2020 / 14:46

On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Edwards Lifesciences Corp (NYSE: EW) because it has the best medical equipment. He warned the viewers that the stock is going to be under distribution because it doesn't go well with the awaken-America trade.Flex Ltd (NASDAQ: FLEX) is a buy, said Cramer. He sees it being used by a lot of companies.Microsoft Corporation (NASDAQ: MSFT) fits the pattern of what this market wants, said Cramer.For the long term, Oracle Corporation (NYSE: ORCL) is okay, but there are so many others that are better, said Cramer.Cramer thinks Roku Inc (NASDAQ: ROKU) is good, but he expects it to be under pressure in the short term because it's a stay-at-home stock in an era where we've suddenly decided we don't have to stay at home anymore.Akamai Technologies, Inc. (NASDAQ: AKAM) had a huge run and it seems like it has stalled out so Cramer doesn't want to rave about it.See more from Benzinga * Cramer Shares His Thoughts On Slack, Archer Daniels Midland And More * Tony Zhang's Microsoft Trade * Cramer Weighs In On Roku, United Airlines And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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04 Jun, 2020 / 14:27

A chorus of global criticism has been ballooning against the U.S. over the death of a black man at the hands of policeman last week, and President Donald Trump’s response to the millions that have taken to the streets to protest there.

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04 Jun, 2020 / 14:23

One analyst says it soon will be.

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04 Jun, 2020 / 14:18

The major stock indexes were sharply mixed early Thursday on jobless data. Boeing soared 7% on Amazon Air news.

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04 Jun, 2020 / 14:11

(Thursday Market Open) The stock market lately has acted like a boxer that takes punch after punch and comes back stronger after each ...

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04 Jun, 2020 / 13:45

France and Germany threw their weight on Thursday behind plans to create a cloud computing ecosystem that seeks to reduce Europe's dependence on Silicon Valley giants Amazon, Microsoft and Google. The project, dubbed Gaia-X, will establish common standards for storing and processing data on servers that are sited locally and comply with the European Union's strict laws on data privacy. German Economy Minister Peter Altmaier, speaking in Berlin, described Gaia-X as a "moonshot" that would help reassert Europe's technological sovereignty, and invited other countries and companies to join.

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04 Jun, 2020 / 13:34

The COVID-19 pandemic and the resulting work-from-home trend have accelerated the growth of the video game industry in the last few months. Companies are seeing more players join the gaming fold, and with advancements in graphics technology on the horizon with the new consoles coming this fall from Sony and Microsoft, now is a good time to consider adding a few top video game stocks to your nest egg. CEO Bobby Kotick has guided Activision Blizzard (NASDAQ: ATVI) to market-beating returns since taking over in the early 1990s.

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04 Jun, 2020 / 13:00

For years, hardware engineers at American consumer electronics firms have hopped on a flight to China to iron out manufacturing kinks on assembly lines, but the COVID-19 pandemic and Sino-U.S. tensions have made travel between the countries difficult.

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04 Jun, 2020 / 13:00

FinancialBuzz.com News Commentary

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04 Jun, 2020 / 13:00

Spain's lower house voted on Thursday to begin drafting a 3% tax on revenues of internet giants, the latest of such moves by U.S. trading partners that has spurred a U.S. investigation and could lead to punitive tariffs.

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04 Jun, 2020 / 12:44

All was well the first two months of the new decade before all hell broke loose, and while the global economy remains in various stages of lockdown and in recession due to you-know-what, the U.S. stock market indices have rallied to close to where they started at the onset of the year. Leading the charge in this new era are technology stocks -- specifically those helping organizations and individuals cope with shelter-in-place and work-from-home orders. Artificial intelligence (AI) was already a promising growth industry, but recent events have made the need for automation and efficient use of data more important than ever.

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04 Jun, 2020 / 12:35

Ready to get started in stock investing, but not sure where to start? Here are three places to look for investable companies you can understand.

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04 Jun, 2020 / 12:00

Government provided protections and even regulations can help companies build economic moats.

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04 Jun, 2020 / 11:55

Not long ago, it seemed too futuristic to calculate life spans of industrial equipment under a variety of scenarios in real time. Two powerhouses in their respective fields have linked up to help manufacturing become faster and more cost-efficient. Microsoft's (NASDAQ: MSFT) Azure Internet of Things (IoT) cloud system is connecting production lines to engineering teams.

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04 Jun, 2020 / 11:43

Shares in the workplace messaging app Slack tumbled 15 per cent in after-market trading on Thursday as the company revealed that the global shift to working from home had barely lifted its revenue growth rate from before the crisis. Its latest quarterly earnings came two days after the video conferencing app Zoom reported booming demand, including from corporate customers, raising hopes for Slack’s own performance. Stewart Butterfield, chief executive, said the more complex nature of the Slack service had made it “a harder lift” for customers to adopt when compared with Zoom, a simple video conferencing app.

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04 Jun, 2020 / 11:35

Spain's lower house voted on Thursday to begin legislating a controversial tax on internet giants that has prompted the United States to open a probe which could lead to punitive tariffs.

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04 Jun, 2020 / 11:22

Worried about the present day troubles? Our call of the day, from Brad Neuman, director of market strategy at equities manager Alger, says we’re at the start of a technological revolution.

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04 Jun, 2020 / 11:03

MUEHLBACH AM MANHARTSBERG, Austria, June 4 (Reuters) - E uropean countries cautiously emerging from the onslaught of the coronavirus pandemic are looking to a second generation of contact tracing apps to help contain further outbreaks.

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04 Jun, 2020 / 11:00

In this week's episode of Influencers, Yahoo Finance Editor-in-Chief Andy Serwer speaks with Koch Disruptive Technologies President, Chase Koch, about his venture capital endeavor and what the company is doing to push Koch Industries into the future.

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04 Jun, 2020 / 11:00

Are we witnessing a changing of the guard in the Oracle of Omaha's investment portfolio?

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04 Jun, 2020 / 10:06

The shares of Genius Brands International Inc. (NASDAQ: GNUS), a company until recently struggling to keep itself listed on Nasdaq, have ...

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04 Jun, 2020 / 05:01

Internet stocks & ETFs have been among the top performers not only this year but over the past decade because internet is fundamentally transforming our economy and society.

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04 Jun, 2020 / 02:20

From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.

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04 Jun, 2020 / 00:30

Learn an important lesson in risk/reward in these markets. No matter what your market bias is you must know how to sustain positions even when you're wrong.

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03 Jun, 2020 / 22:57

The Dow Jones Industrial Average traded near session highs in the final hour of trading on Wednesday. The major index closed up 527 points, or 2% higher.

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03 Jun, 2020 / 20:42

Warner Music Group Corp. priced its 77-million-share IPO at $25 per share, and the stock opened higher Wednesday at $27. As a ...

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03 Jun, 2020 / 19:47

Zoom Video Communications Inc (NASDAQ: ZM) reported a big first-quarter beat Tuesday, but the stock reaction has been muted as ...

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03 Jun, 2020 / 19:34

After a brutal March wrecked an 11-year bull market, there seems be little doubt on Wednesday that equity markets in the U.S. are returning to bullish form again after being rocked by COVID-19.

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03 Jun, 2020 / 19:04

A possible activist stake in Boeing lit a fire under the stock, and an analyst sees the App Store helping to drive services growth for Apple.

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03 Jun, 2020 / 18:37

Just because a stock doesn't move, doesn't mean you can't make money. The iron condor option trade can make that happen.

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03 Jun, 2020 / 18:26

As protests continue after the death of George Floyd, many planned events in the video game community have been postponed as a stand in ...

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03 Jun, 2020 / 18:26

Global smartphone shipments will fall nearly 12% to 1.2 billion units in 2020, market research firm IDC said on Wednesday, citing lower consumer spending due to the economic impact of the coronavirus crisis.

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03 Jun, 2020 / 16:41

Walmart Inc said on Wednesday it shifted firearms and ammunition out of sales floors of some U.S. stores amid nationwide protests over the death of an unarmed black man at the hands of police last week.

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03 Jun, 2020 / 16:16

‘Local authorities will be alerted,’ warns a message popping up on stolen iPhones, per social media posts

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03 Jun, 2020 / 16:08

An AT&T exec says it just wants a standard deal, but that's not really an option.

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03 Jun, 2020 / 16:00

TeleSign today announced a new partnership with Microsoft’s Skype to screen robocalls using the flagship digital identity solution Score. By implementing Score, Skype is able to action against calls that are likely of a fraudulent origin. In this capacity Score is able to behave as an inbound spam filter while also preventing other types of communication fraud such as International Revenue Share Fraud (IRSF). Since implementing the TeleSign solution, Skype has been able to action upon over one million fraudulent calls per day.

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03 Jun, 2020 / 16:00

Israeli cyber group Team8 said on Wednesday it launched Team8 Capital, a new venture capital fund that will focus on technology investments in data, artificial intelligence (AI) and cybersecurity.

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03 Jun, 2020 / 15:14

Data from Sensor Tower points to Apple Inc. (NASDAQ: AAPL) growing its App Store net revenue by 39% year-over-year in May, and this ...

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03 Jun, 2020 / 15:00

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares iBoxx $ High Yield Corporate Bond ETF, which added 21,100,000 units, or a 7.6% increase week over week. And on a percentage change basis, the ETF with the biggest increase in inflows was the SPDR Portfolio MSCI Global Stock Market ETF, which added 1,900,000 units, for a 39.6% increase in outstanding units.

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03 Jun, 2020 / 14:52

A federal judge said Apple Inc must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder losses.

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03 Jun, 2020 / 14:48

In the current session,Apple Inc. (NASDAQ: AAPL)is trading at $323.65, after a0.10%increase. Over the ...

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03 Jun, 2020 / 14:47

The major stock indexes were higher early Wednesday amid continued civil unrest and payroll data. Apple neared an all-time high.

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03 Jun, 2020 / 14:13

Net neutrality advocates won't be happy about this.

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03 Jun, 2020 / 14:00

This elevator ride keeps zooming higher, almost like the market is scrambling to get back to where it was before the crisis began. ...

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03 Jun, 2020 / 14:00

The e-commerce leader just set a new record low for corporate interest rates.

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03 Jun, 2020 / 13:45

Warner Music is set to list at the Nasdaq Stock Market on Wednesday.

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03 Jun, 2020 / 12:17

CrowdStrike and MicroChip were early high fliers Wednesday, as Boeing led the Dow Jones today and the Nasdaq eyed a new record high.

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03 Jun, 2020 / 12:09

Investors and businesses need to remember last year’s French wine and cheese war — which actually didn’t happen.

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03 Jun, 2020 / 10:51

I've made some big moves during the pandemic, and here's what I'm most heavily invested in now.

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03 Jun, 2020 / 10:37

Bango (AIM: BGO), the mobile commerce company, announces that deploying its payment optimization technology has enabled du, the leading UAE mobile operator, to grow its active carrier billing customer base.

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03 Jun, 2020 / 07:00

While there are winners in many corners of the space, here are four ETFs that buoyed up on strong earnings results.

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03 Jun, 2020 / 02:44

Zoom Video Inc. on Tuesday managed to assuage the fears of investors that the growth of the popular videoconferencing service would be strong only while people are sheltering in place.

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03 Jun, 2020 / 02:02

Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.

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03 Jun, 2020 / 00:08

Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.

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02 Jun, 2020 / 21:40

An advocacy group backed by the tech industry sued President Donald Trump on Tuesday over his executive order that would weaken a law protecting online platforms including social media companies that label or fact-check his posts.

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02 Jun, 2020 / 21:39

Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people use its online tools to work from home and connect with friends during coronavirus-driven lockdowns.

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02 Jun, 2020 / 21:09

An advocacy group backed by the tech industry sued President Donald Trump on Tuesday over his executive order that would weaken a law protecting online platforms including social media companies that label or fact-check his posts.

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02 Jun, 2020 / 21:06

Zoom is easy to use and doesn’t require integration with other software products, as Microsoft’s Skype does.

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02 Jun, 2020 / 18:57

One analyst says it will be very soon.

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02 Jun, 2020 / 18:43

We are not grieving the death of economic optimism in the U.S. The value-based “levee” has “gone dry” for extended periods in the past. However, the stock market suffers from the curse of mean reversion. Value investing did not die.

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02 Jun, 2020 / 18:28

What you should know before you decide to invest for the short term.

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02 Jun, 2020 / 17:40

Stocks are mixed on Tuesday as traders continue to confront political and social issues around the country as they assess how the reopening of the economy during the coronavirus pandemic will unfold. The S&P 500 has traded above and below breakeven, and is about 0.32% higher as of 1245pm, while...

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02 Jun, 2020 / 17:36

The shift to the work-from-homemodelamid the pandemichas given a boost to Slack Technologies Inc’s (NYSE: WORK) ...

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02 Jun, 2020 / 16:45

The Dow Jones jumped more than 200 points in early trading before paring gains following President Trump's comments regarding ongoing U.S. civil unrest.

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02 Jun, 2020 / 16:18

Shares of the Chinese e-commerce operator jumped on a strong earnings report.

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02 Jun, 2020 / 15:55

The Pacific Global U.S. Equity Income ETF is broadly invested, with a dividend yield of 3.74%, nearly twice that of the S&P 500.

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02 Jun, 2020 / 15:36

Technology giants are tempting antitrust regulators. Facebook, Microsoft and Apple have been on a buying spree of small companies.

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02 Jun, 2020 / 15:19