S&P 500 rises slightly as traders await key tech earnings

The S&P 500 ticked higher Tuesday as investors looked ahead to big technology earnings for further clues into the health of the US economy. The broader market index rose 0.4%, while the Nasdaq Composite climbed 0.7%. The Dow Jones Industrial Average lagged, falling 15 points, or less than 0.1%. Alphabet and Microsoft are among the … Read more

Dow futures rise as Wall Street tries to build on its best week since June

US stock futures rose Monday, as traders tried to add to sharp gains seen in last week. Futures tied to the Dow Jones Industrial Average rose 216 points, or 0.7%. S&P 500 futures and Nasdaq 100 futures gained 0.6% and 0.3%, respectively. The moves come after yet another volatile week for stocks as third-quarter earnings … Read more

Stock futures rise after notching their best week since June

Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE US stock futures rose Sunday evening after all three major averages notched their best week since June at Friday’s close. Futures tied to the Dow Jones Industrial Average gained 222 points, or 0.71%. S&P 500 futures and Nasdaq 100 futures increased 0.88% and … Read more

Stock futures rise 1% after Nasdaq notches best day since July

Stock futures rose Tuesday morning after the Nasdaq Composite posted its best daily performance since July. Nasdaq 100 futures climbed 1.8%. Futures tied to the Dow Jones Industrial Average gained 357 points or 1.2% and S&P 500 futures jumped 1.5%. The moves came after a winning day on Wall Street to start the week. The … Read more

Dow drops 300 points, S&P 500 falls to the lowest since 2020 after another hot inflation report

Stocks fell Thursday morning and the S&P 500 fell to its lowest level since 2020 after a key consumer inflation report came in hotter than expected, signaling that the Federal Reserve will likely continue with aggressive interest rate hikes. The Dow Jones Industrial Average fell 235 points, or 0.81%, and also briefly hit its lowest … Read more

Google to shut gaming service Stadia in latest cost-cutting effort

Google is shuttering its digital gaming service Stadia, the latest ambitious project to get cut as the company looks to shed costs. The gaming service, which launched in 2019 and runs on phones and the Chrome browser, “hasn’t gained the traction with users that we expected,” wrote Phil Harrison, a Google vice president, in a … Read more

Kindle Scribe, Halo Rise, new Echos, Fire TV

Amazon unveils new smart TV, the Fire TV Omni QLED Series starting at $799.99 Amazon Fire TV Omni Series in QLED amazon Amazon just announced a new TV: The Amazon Fire TV Omni Series in QLED. Aside from its QLED display, the TV has Dolby Vision IQ and HDR10+ Adaptive for the first time. Support … Read more

Amazon took solar rooftops offline last year after fires, explosions

Amazon turned off solar energy systems at all of its US facilities in 2021 after a rash of fires and explosions, including one at its Fresno warehouse in 2020. Fresno Fire Department On the afternoon of April 14, 2020, dozens of firefighters arrived at an Amazon warehouse in Fresno, California, as thick plumes of smoke … Read more

Stock futures tick up ahead of key Fed decision

Stock futures ticked up in overnight trading as traders await the Federal Reserve’s latest interest rate decision, scheduled to be announced Wednesday afternoon. Futures on the Dow Jones Industrial Average rose by 66 points, or 0.21%. S&P 500 futures gained 0.55% and Nasdaq 100 futures increased 1.06%. Shares of Enphase Energy gained about 6% after … Read more

Peloton hires Amazon cloud exec as new CFO in latest shakeup in top ranks

A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, US, September 26, 2019. Shannon Stapleton | Reuters Peloton’s chief financial officer, Jill Woodworth, is leaving the company and will be replaced by Liz Coddington, an executive … Read more