Stocks moved higher to start the third quarter.
Facebook shares lost more than $55 billion in value Friday after more brands said it would pause ad spending on the platform and boycott the rest of the year.
Robinhood is taking actions to curb investor misunderstandings and shortfalls, through increasing educational resources and cleaning up the user interface. Yahoo Finance’s Jared Blikre breaks down the details Robinhood’s newest changes. #Robinhood #investing #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
The market attempted to recover from a massive sell-off on Thursday.
The Dow Jones futures plunge due to the fear of second wave of coronavirus in the US as the economy begins. The Fed confirmed that they are going to keep the interest rate lower for extended period and this triggered rally for gold
Hedge funds in Hong Kong are exploring exit strategies from Asia's financial hub as Beijing's new security law threatens data privacy and capita...
Trump will make an announcement regarding U.S.-China relations on Friday.
CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines, and what to watch as the coronavirus pandemic continues to keep most of America on lockdown. On today’s show, CNBC’s Michael Sheetz explains what’s at stake in tomorrow’s historic SpaceX launch of two NASA astronauts. Plus, the latest on the development of a coronavirus vaccine as heavyweight Merck jumps into the race.
Microsoft (MSFT) on Tuesday announced that it has built one of the top five supercomputers in the world designed specifically for OpenAI. The company made the announcement during its Build developers conference, which is being held virtually rather than in person in Seattle where it is usually held each year. The supercomputer, Microsoft says, will be used to train OpenAI’s own artificial intelligence models. OpenAI, which was founded in 2015 and received initial funding from the likes of Elon Musk and Sam Altman. Musk has since left the company, while Altman is now its CEO. The company is working to create artificial general intelligence, or AI that is capable of outperforming humans, according to the group’s charter. The firm says its main concern is that such technologies benefit all of humanity, while ensuring its power doesn’t become concentrated in the hands of a few. The new supercomputer has an incredible 285,000 CPU cores, 10,000 graphics processing units, and 400 gigabits per second of connectivity for each GPU server. While the computer ranks in the top five of the most powerful machines in the world, Microsoft won’t say exactly where it falls on that list. #Microsoft #ArtificialIntelligence Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Buffett sold 84% of his stake in Goldman Sachs, a longtime holding.
World's No.2 cigarette company British American Tobacco said on Friday it was ready to test its potential COVID-19 vaccine using proteins from tobacco leaves on humans, after it generated a positive immune response in pre-clinical trials.
Stocks fell on Wall Street Wednesday, sending the market to its first loss in three days, after more depressing data rolled in on the devastation sweeping the global economy, the AP reports. The S&P... Money News Summaries. | Newser
The market was down 2.5%, after wrapping up its best month in decades.
Here are 19 stocks that will benefit from new consumer trends once quarantine orders are lifted.
Oil prices gained ground on Thursday after US President Donald Trump issued a bellicose tweet leading to supply fears in the key oil producing r...
Gilead Sciences shares were downgraded at BMO Capital and Well Fargo, which said the progress of the coronavirus drug, remdesivir, is reflected in the price.
Ken Leon, CFRA Analyst, joined Yahoo Finance's Jen Rogers, Myles Udland, Dan Roberts, and Melody Hahm to discuss JPMorgan and Wells Fargo earnings reports. #JPMorgan #WellsFargo #coronavirus Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Jim Cramer says Americans are flattening the Covid-19 curve, while the Fed and Treasury are getting ahead of the economic curve.
Stock futures jump as data show coronavirus cases slowing across the globe; deaths decrease in New York for the first time in days; the pandemic forces Amazon to postpone its annual Prime Day event to later in the summer.
The Dow Jones index fell more than 7% to a three-year low on Wednesday, moving into negative territory compared to levels when President Donald Trump took office and marking the latest landmark in Wall Street's most dramatic selloff in decades.
U.S. equity futures hit 'limit down' levels for a third time in seven days Sunday after the Federal Reserve slashed its key lending rate to a record low near-zero percent amid the ongoing coronavirus pandemic.
Airline stocks tumbled Thursday after US President Donald Trump announced a 30-day ban on travel from more than two dozen European countries, including Germany, France, Spain and Italy.
U.S. stock indexes dropped sharply on Wednesday after attempting a rebound in the previous session, on skepticism around President Donald Trump's stimulus plan to combat the coronavirus outbreak.
Gilead Sciences shares edged higher Wednesday after the company's experimental coronavirus treatment was reportedly being used in the United States under federal rules that allow the use of unapproved drugs on compassionate grounds.
U.S. stock index futures were down 2% on Wednesday after strong gains in the previous session, with investors growing frustrated about the lack of details on fiscal stimulus floated by President Donald Trump to combat the coronavirus epidemic.
The S&P 500 could fall another roughly 6% to 2,600 as traders price in a potential recession amid the coronavirus outbreak, analysts at Morg...
The economic consequences of the coronavirus epidemic have sparked a conflict among major oil-producing nations. Last week, oil producers were unable to agree on a reduction in production volumes, resulting in a price war between OPEC and Russia. That has sent oil prices plummeting. The price of oil collapsed by 31.5 percent at the start of trading, the lowest price since January 1991. As a reaction, stock markets fell sharply this Monday: In Tokyo, the Nikkei Index lost more than 5 percent, while the Hang Seng in Hong Kong fell almost 4 percent. Australia's ASX Index fell particularly hard with a minus of 7.3 percent and in Germany, the DAX tumbled almost 8 percent at the start of trading. The picture around the Gulf is even more dramatic - markets have shed up to around 10% there. Subscribe: https://www.youtube.com/user/deutsche... For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook: https://www.facebook.com/deutschewell... ►Twitter: https://twitter.com/dwnews ►Instagram: https://www.instagram.com/dw_stories/ Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/channel/deuts... #Coronavirus #StockMarket #Economy
Futures contracts on the U.S. stock market had hit their 5% overnight down limit but trading in the instruments continued, the CME Group said on Monday.
Wall Street roared back to life on Wednesday, with both the Dow and the S&P 500 surging more than 4%, after former Vice President Joe Biden's strong showing in the Super Tuesday Democratic primary contests injected a dose of confidence.