Verizon (VZ) – Get report It posted better-than-expected Q2 earnings and sales on Friday as stability in its subscriber base linked to people’s need to stay connected through the pandemic helped offset a drop in demand for new hardware. . The New York-based company said it earned $ 1.18 per …
Read More »Google acquires Amazon with free product listings, commission-free sales
Google is looking for a large part of the e-commerce market by attracting sellers. The tech giant announced this week that it is not charging sellers fees for listing products on Google Shopping. In recent months, Google has allowed products to be published on its purchasing platform and included those …
Read More »Asian markets sink as tensions rise between the US and China, US tech stocks fall
Shares fell in Asia early Friday morning, after mounting tensions between the United States and China and a massive sale of tech stocks on Wall Street. Hong Kong HSI Hang Seng Index, -2.17% fell 1.9% while the Shanghai SHCOMP compound, -2.73% it sank 2.3% and the smallest-cap Shenzhen Composite 399106, …
Read More »Stocks drop as technology plummets, jobless claims rise
Stocks fell on Thursday after jobless claims in the US unexpectedly rose for the first time since March and tech stocks fell. The Dow Jones Industrial Average fell 274 points, or 1.02%, to 26,731, the S&P 500 lost 1.03% and the Nasdaq fell 2.06%. Dow (Dow) – Get reportMicrosoft (MSFT) …
Read More »Stocks under pressure after jobless claims rise, all eyes on Washington’s stimulus efforts
US stocks fell on Thursday after the data showed no real improvement in weekly unemployment data with coronavirus cases increasing further in many states, though Senate and White House Republicans announced progress toward a deal on another financial aid package for businesses and households affected by the pandemic. However, investors …
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