Apple is one of the big tech engines pulling the market higher, but it is unique in that investors view it as an asset class unto itself.
Schlagwort-Archiv: Markets
Waiting for that extra $300 weekly unemployment benefit? For thousands, it may never come
The federal government has approved 11 states to offer a $300 weekly boost in unemployment benefits. But thousands of workers in those states won’t be eligible for the assistance.
Remark CEO says Wolfpack Research claims his company is fraudulent are ‚misleading,‘ ‚outdated‘
Wolfpack Research’s claims that artificial intelligence technology company Remark Holdings is committing fraud are „misleading,“ Remark’s CEO says.
‚Impressive‘ economic recovery will drive stocks to new highs through 2021, Wall Street bull Phil Orlando predicts
Federated Hermes‘ Phil Orlando lists what he sees going right for the economy and market rally.
Stocks making the biggest moves after hours: Nvidia, Intel, Goodyear & more
Check out the companies making headlines after the bell.
Stocks making the biggest moves in the premarket: Alibaba, Estee Lauder, CureVac, Nvidia & more
The stocks making the biggest moves in premarket trading include Alibaba, Estee Lauder, CureVac, and Nvidia.
Victoria’s Secret parent L Brands shares jump on better-than-expected quarterly sales
Victoria’s Secret owner L Brands on Wednesday said its sales fell 20% during the latest quarter with stores closed due to the pandemic, but they weren’t as bad as analysts feared, buoyed by the strength of its soaps and fragrances division.
Nvidia earnings beat expectations, its data center business is bigger than its gaming business for the first time ever
With help from the $7 billion Mellanox acquisition, Nvidia’s data center business delivered more revenue than the company’s gaming unit for the first time.
Alibaba beats estimates as pandemic fuels online, cloud computing demand
China’s Alibaba beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased.
Estee Lauder forecasts profit below expectations, to cut up to 2,000 jobs
Estee Lauder forecast current-quarter profit below analysts‘ estimates on Thursday after posting a bigger-than-expected quarterly loss, as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium makeup brands.