By Craig Erlam Stock markets have been under pressure on Friday and the US is poised to open in the red also, with the Nasdaq hit particularly hard. This comes on the
By Craig Erlam Equity markets are back in the red on Wednesday, as investors appear to prepare themselves for a disappointing earnings season for Big Tech. The last few weeks may turn
The Big Five tech giants saw their stock prices slump last year, dragging the whole market down, after years of impressive growth that turned them into trillion-dollar companies. However, the eCommerce giant
Investors have turned their backs on tech stocks after a series of disappointing results from the biggest names in the industry, including Apple, Google’s parent Alphabet, Microsoft, Amazon and Facebook parent Meta.
By Edward Moya US stocks have been struggling for direction all week after a mixed bag of earnings was accompanied with economic data that supports the idea that the economy is weakening.
By Jeffrey Halley Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too
The top ten U.S. publicly traded companies have a cumulative market capitalisation of $12.82 trln as of December 21, a valuation that is at least five times more than China’s top ten
Advanced Micro Devices (AMD) “Computing and Graphics” segment recorded its largest quarterly revenue yet in Q3 2021 after experiencing a 9.5% quarterly CAGR since Q3 2020 – $2.4 bln. As one of
Insurers must innovate to sustain profits and growth as technology alters consumers’ insurance needs and changes the way they buy protection, Moody’s Investors Service said in a new report. Rapid take-up of