Meta Says Facebook Is 'Free' — EU Threatens To Fine Mark Zuckerberg-Led Social Media Giant
The EU has put Meta Platforms Inc. (NASDAQ:META) on notice over its "pay or consent" model for Facebook and Instagram, citing potential violations of consumer protection laws.
Warren Buffett's Berkshire Trims BYD Stake to Under 5%
Microsoft Stock Has Further Room To Run, Says Analyst, As Software Giant Remains On Track To Hit $200B Cloud Revenue In 2 Years
Microsoft Corp. (NASDAQ:MSFT) shares received a nice price target bump a week ahead of the software giant's quarterly earnings release.The Microsoft Analyst: Piper Sandler analyst Brent Bracelin
Wiz Turns Down Google's $23B Acquisition Deal - Report
S&P 500 Notches Best Day Since June As Investor Sentiment Improves: Fear Index Moves To 'Greed' Zone
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the "Greed" zone on Monday.U.S. stocks closed higher on Monday, with the S&P 500
Tesla, Alphabet And 3 Stocks To Watch Heading Into Tuesday
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) to
Jeff Bezos-Era 'Downstream Impact' Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses
Amazon.com Inc.'s (NASDAQ:AMZN) strategy of selling its Echo devices at low prices in the hope of generating profits elsewhere within the company has not yielded the expected results. The company
Google's $23B Acquisition Of Wiz Falls Through, Startup To Pursue IPO Instead: Report
Wiz, a cloud security startup, has decided to forgo a $23 billion acquisition deal with Google's parent company Alphabet Inc. (NASDAQ:GOOGL), (NASDAQ:GOOG) and will instead focus on an initial
US institutional investors survey: Nvidia still the most popular, Broadcom catching up, concerns with Micron, bearish on AMD.
According to Citigroup's survey, with Broadcom acquiring more AI customers and adding value from VMware, it is catching up with Nvidia as the largest holding for investors, while investor sentiment towards Nvidia has cooled down.
When is the release time of ChatGPT, the open source large-scale model? The highly anticipated Llama 3 405B is about to be released.
Analysis suggests that Llama 3 405B is not only another improvement in AI capabilities, but also a potential ChatGPT moment for open source AI. In benchmark tests, Meta Llama 3.1 outperformed GPT-4o in multiple tests such as GSM8K and Hellaswag.
Small Cap Rebound Not Supported by Fundamentals: BlackRock's Wei Li
Wei Li, global chief investment strategist at BlackRock, says she is not chasing the momentum in small caps as the rebound is not supported by fundamentals.
CrowdStrike CEO George Kurtz To Testify Before Congress On Faulty Update Causing Global Disruptions
The CEO of CrowdStrike Inc., George Kurtz, has been called upon by a U.S. congressional panel to testify regarding the recent worldwide tech outage.
Amazon Buys Historic Bray Film Studios Known For 'Dracula' And 'The Curse Of Frankenstein'
Amazon.com Inc. (NASDAQ:AMZN) has acquired Bray Film Studios, the former production site for the iconic Hammer horror film series, to expand its UK-based television and film production.What Happened:
Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
Metals & Mining Monitor | General Decline in Metal Prices; BHP Reports Record Iron Ore Production for FY24, Copper Production Rises by 9%
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Google Reverses Course On Cookie Ban In Chrome, Citing Industry, Regulatory Pressure
Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google decided to abandon its long-standing plan to eliminate cookies in its Chrome browser, citing industry and regulatory pushback.What Happened: After
Notable Earnings After Tuesday's Close
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.