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This basket lists stocks that investors interested in tech should have in their portfolios — including FANG stocks and rising stars that just had IPOs.
Alibaba Group Holding Limited
PayPal Holdings, Inc.
Advanced Micro Devices, Inc.
Activision Blizzard, Inc.
Electronic Arts Inc.
Match Group, Inc.
The Trade Desk, Inc.
Zillow Group, Inc.
Amid surging health care costs and acrimonious public debate, a new study found that a public-run system would save money over time.
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fueled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.
Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area. The U.S. carmaker announced plans last November to build its first European car factory in Gruenheide, in the eastern state of Brandenburg. Politicians, unions and industry groups have welcomed the move, saying it will bring jobs to the region, but environmental concerns drove hundreds of locals to the streets on Saturday.
Facebook has been forced to apologise after a “technical issue” caused Chinese president Xi Jinping’s name to be rendered as an obscenity in Burmese-to-English translations. On Saturday the Chinese president’s name appeared as “Mr Shithole” in translations from Myanmar’s main language into English, including on the Facebook pages of news website The Irrawaddy and Ms Aung San Suu Kyi’s office. “Mr Shithole, President of China arrives at 4pm,” one of the posts read when translated into English.
America used to be the world’s premier technology innovator and China its best duplicator. The administration of US president Donald Trump touted the former as a major concession by China, which has vowed to strengthen its intellectual property protection. In fact, the deal merely repackages changes that China has already made over the past two years, strengthening court jurisdiction over IP cases and making it easier for US companies to collect damages.
Facebook apologised Saturday for a distasteful mistranslation of Chinese President Xi Jinping's name from Burmese language posts during his much-touted visit to Myanmar. The error most notably appeared on the official Facebook page of Myanmar's civilian leader Aung San Suu Kyi.
Nvidia shares have soared roughly 60% in the last year as part of a broader semiconductor market climb that has come despite an overall sales and earnings downturn. So is now the time to buy NVDA stock?
The deadly shooting of three U.S. sailors at a Navy installation in December could reignite a long-simmering fight between the federal government and tech companies over data privacy and encryption. As part of its probe into the violent incident, deemed a terrorist act by the government, the Justice Department insists that investigators need access to data from two locked and encrypted iPhones that belonged to the alleged gunman, a Saudi aviation student. The problem: Apple designed those iPhones with encryption technology so secure that the company itself can't read private messages.
Shares of Google parent Alphabet Inc. (GOOGL) have jumped 9% in 2020 to help it ascend into the $1 trillion market cap club. Is it time to buy?
The S&P 500 gained 0.21% to 3,323.61 and the Nasdaq Composite was up 0.05% at 9,362.01. Declining issues outnumbered advancers for a 1.06-to-1 ratio on the Nasdaq. The S&P index recorded 122 new 52-week highs and no new lows, while the Nasdaq recorded 186 new highs and nine new lows.
Wall Street capped a milestone-setting week Friday with a few more as modest gains nudged the major stock indexes to all-time highs. Technology stocks powered much of the market's broad gains, along with communication services companies and banks. Energy sector stocks were the only decliners.