Facebook Inc. FB, + 7.49% Shares soared more than 7% to new highs on Friday morning after a earnings report that showed the social media company raised more than $ 5 billion in earnings despite a global pandemic and a selective advertising boycott. . Facebook shares opened at $ 255.82, …
Read More »Nasdaq Composite kicks off latest trade in July on the upside as tech gains boost stocks, but concerns persist about coronavirus stimulus bill
US stocks opened higher on Friday morning on the last day of July after Apple and Amazon made strong gains and Alphabet and Facebook, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase in coronavirus cases and the disappointing labor …
Read More »Apple reports earnings tomorrow. This is what to expect.
Text size Street’s consensus is $ 52.1 billion in revenue and profit of $ 2.09 per share. Justin Sullivan / Getty Images This could be the quarter that Apple‘s earnings don’t really matter. Well, okay, they matter. But the truth is that Apple investors (ticker: AAPL) are uniquely focused on …
Read More »Dow sees moderate gains, but Nasdaq starts much higher Wednesday ahead of Fed policy update, key tech audience
Benchmarks for US stocks opened on Wednesday with gains as investors expected the conclusion of a Federal Reserve policy meeting later in the day, saw talks about a coronavirus aid package in Congress and They waited for a highly anticipated Congressional audience with the Silicon Valley giants and e-commerce. The …
Read More »Jio platforms in India are emerging as a tech star. Google and Facebook are betting on it.
Text size A man speaks on a mobile phone in front of a Reliance Jio store, the mobile network of Reliance Industries Ltd., in Mumbai, India on Sunday, January 19, 2020. Dhiraj Singh / Bloomberg Times are tough in India, with Covid-19 still spreading and the economy slipping from giant …
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