The maker of “Fortnite” has launched a Battle Royale against Apple Inc., accusing the tech giant of seeking to “maintain its legitimacy of its monopoly.” Epic games said Thursday it has filed legal papers against Apple AAPL, + 1.77% after the iPhone maker launched the company’s hit game “Fortnite” from …
Read More »European stocks rise as investors juggle technological optimism and economic sadness
European stocks rose on the last trading day of the month, fueled by better-than-expected results and after big gains from top US tech companies. That joy helped investors sideline, for now, the signs of increasing global economic problems due to the pandemic. The Stoxx Europe 600 SXXP Index, + 0.57% …
Read More »Qualcomm shares rise to record levels after Huawei deal raises earnings forecast
Shares of Qualcomm Inc. soared to record levels in the extended session on Wednesday after the chip company projected a huge jump in profit and revenue in the current quarter thanks to a deal with Chinese tech giant Huawei Technologies Co. Qualcomm QCOM, + 1.72% Shares rose as much as …
Read More »Here are five stock picks of securities that set up your portfolio for a pandemic recovery
If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
Read More »AMD Shares Hit Record After Hitting Earnings, Raising Annual Forecast
Shares of Advanced Micro Devices Inc. headed to record highs in after-hours trading on Tuesday after the chip company reported second-quarter earnings that exceeded expectations and raised its full-year forecast despite the COVID-19 pandemic. AMD AMD, -1.97% reported second-quarter net income of $ 157 million, or 13 cents a share, …
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