Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
Read More »
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »
Uber may close new week ride recovery in California, but Uber Eats will continue to operate. Justin Sullivan / Getty Images Rides from Uber Technologies Inc. may end up in California next week, but Uber Eats – and the many drivers who have switched on delivery to get the service …
Read More »
“Fortnite” maker Epic Games is targeting a bona fide dust-up against Big Tech, and it is gaining the support of other leading app developers in the process. Spotify Technology Inc. SPOT, -0.92% and Match Group Inc. MTCH, + 1.15% has recently issued statements in support of Epic, which has filed …
Read More »
Text size Chinese retail sales fell unexpectedly in July. Getty Images The S&P 500 closed Friday almost unchanged, as investors mixed data weighing on consumer confidence and retail sales against an upcoming trade meeting between Chinese and U.S. officials. While headline U.S. retail sales figures missed forecasts, with a monthly …
Read More »