A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City. Drew Angerer | Getty Images U.S. consumer spending, the biggest part of the economy, saved the day for the record-long expansion, but a big decline in business investments raised concerns about
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People walk past the Public Credit Information Service Hall in Suzhou, China, on May 6, 2019. Suzhou was one of several places chosen in 2018 by the Chinese government to run a social credit trial, which can reward or punish citizens for their behavior. Qilai Shen | Bloomberg | Getty Images The Chinese government is
The silhouettes of attendees are seen at the Google booth during the 2018 Consumer Electronics Show in Las Vegas. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Alphabet rose 9% in extended trading after the Google-parent company reported second-quarter earnings that beat Wall Street’s
If you use Robinhood to trade stocks, you might want to consider changing your password. The popular stock-trading app emailed some of its users Wednesday to warn that private log-ins were stored in an unsecured way. These passwords were kept in an internal company log in “plaintext,” meaning they were not encrypted because of a
Employees have lunch at the canteen at Facebook’s new headquarters, designed by Canadian-born American architect Frank Gehry, at Rathbone Place in central London on December 4, 2017. DANIEL LEAL-OLIVAS | AFP | Getty Images Check out the companies making headlines after the bell: Shares of Facebook jumped 3.5% in after-hours trading, before falling into the
The PayPal application on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Shares of PayPal fell as much as 6% in after-hours trading after the payments giant missed Wall Street’s estimates for second-quarter revenue and lowered its full-year guidance. PayPal’s revenue for the quarter rose to $4.31 billion, up 12% from a year
Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images After Apple‘s 30% surge this year so far, the tech giant still has room to run with the upcoming earnings release likely to push the stock
Michaela Rehle | Reuters Big cap technology stocks hit an all-time high Tuesday, aided by a rebounding semiconductor sector amid some signs of progress in the trade war between the U.S. and China. The Technology Select SPDR Fund ETF, XLK representing the technology sector within the S&P 500, rose to a record $82.15 at the
A banner for Snap Inc. hangs on the facade of the the New York Stock Exchange on the eve of the company’s IPO in New York. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of technology companies Facebook, Alphabet and Amazon all fell more than 1% after the U.S.
People walk past an AT&T store in New York on October 23, 2016. Kena Betancur | AFP |Getty Images A multi-million-dollar case involving stolen cryptocurrency filed against AT&T is moving forward. A federal judge in Los Angeles, California rejected the telecommunications giant’s request to dismiss a suit filed by Michael Terpin last year for enabling