Online food prices have risen 4.2% in the past six months according to the latest data from Adobe Inc. as grocery e-commerce accelerated amid the COVID-19 pandemic and producers of Foods struggled to keep up with continued high demand. “We have always thought that the online market is a ‘value …
Read More »Big Tech’s latest reckoning is coming as it continues to rack up record valuations
Tech’s top four CEOs should be nervous as they approach a virtual hearing on July 27 before the House of Representatives’ Antitrust Subcommittee on the Judiciary. AAPL from Apple Inc. -0.46% Tim Cook, AMZN of Amazon.com Inc., -3.00% Jeff Bezos, Facebook Inc. FB, -2.47% Mark Zuckerberg and Alphabet Inc.’s GOOGL, …
Read More »Apple to Spend $ 400 Million in 2020 to Fight California’s Housing Crisis
Apple CEO Tim Cook gestures after opening the recently renovated Apple Store on Fifth Avenue on September 20, 2019 in New York City. Kena Betancur | AFP | fake pictures Apple said Monday that it will spend $ 400 million this year to combat the California housing crisis in association …
Read More »Bigger tech stocks get even bigger: Amazon, Apple, and Microsoft stocks set records
Text size The four largest technology companies are now worth almost as much as the next 19 largest companies listed in the United States together. Tomohiro Ohsumi / Getty Images Mega-capitalization technology companies are growing again. On another strong day for the general market on Monday, the shares were led …
Read More »Lemonade Records Best US IPO Debut Of 2020 With Over 140% Gain
Posted: Jul 2, 2020 at 6:40 pm ET The New York Stock Exchange in New York City. fake pictures Lemonade Inc. made the strongest initial public offering debut of a US company in 2020, as the shares of the mobile-based insurance company more than doubled last on its first day …
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