Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, an increase in coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average …
Read More »European stocks rise, but gains are tempered by concerns about the US coronavirus.
European stocks rose on Friday, but gains were tempered by a record rise in coronavirus cases in the US Earnings for German business software group SAP SE boosted the index, while Swedish retailer Hennes & Mauritz AB pulled in the other direction after reporting weak sales. The Stoxx Europe 600 …
Read More »Dell shares soar as it reports it’s weighing up the VMware Stake spin-off
Text size Justin Sullivan / Getty Images Shares of Dell Technologies soared in recent operations after The Wall Street Journal reported that the company hired advisers to consider options for the company’s 81% stake in business software company VMware.. A transaction would be intended to address the valuation disparity between …
Read More »Apple Says More With Their Silent Actions Than On The Main Stage Of WWDC
While under scrutiny from European regulators for its practices on the App Store and Apple Pay, Apple Inc. made a slight change on Monday that could be a sign that it is poised to relax some of its long-standing strict rules. At its global virtual developer conference on Monday, Apple …
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