10 December

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Pfizer, Broadcom, Airbnb: 3 Things to Watch

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By Liz Moyer Investing.com -- After touching highs once again on Wednesday, stocks turned into red as Congress played Lucy with the stimulus football once again. Lawmakers put the ball in play, only to yank it away. Senate Majority Leader Mitch McConnell snubbed the White House's $916 billion proposal and said his proposal for a skinny relief bill was brushed off by Democrats. The...

10 December

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Facebook faces U.S. lawsuits that could force sale of Instagram, WhatsApp

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By Diane Bartz, Nandita Bose and David Shepardson WASHINGTON (Reuters) -Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and nearly every U.S. state filed lawsuits against the social media company, saying the deals were unfair and ultimately harmed consumers. With the filing of the twin lawsuits on Wednesday, Facebook (NASDAQ:FB)...

10 December

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Dow Falls on Tech Wreck as Apple, Facebook See Red

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By Yasin Ebrahim The Dow closed lower Wednesday, as an Apple-led decline in tech and an ongoing stalemate in stimulus talks on Capitol Hill weighed on investor sentiment. The Dow Jones Industrial Average fell 0.35%, or 105 points after rising by more than 100 points intraday. The S&P 500 was down 0.84%, while the Nasdaq Composite slumped 1.94%. Technology stocks exacerbated the broader market...

09 December

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EU summit to find deal to unblock budget, climate goals- Michel

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BRUSSELS (Reuters) - The chairman of European Union leaders expressed confidence on Wednesday that the 27-nation bloc will reach agreement on Thursday that will allow to unblock the EU's 1.8 trillion euro financial package and agree on ambitious climate goals. "I am confident that we can find an agreement on a common package to allow for the swift implementation of both the...

09 December

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UK supermarket Asda to close on Boxing day

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LONDON (Reuters) - British supermarket Asda said it would shut all its stores on Boxing Day to give its staff the opportunity to stay at home, while workers will also get a bonus after a "challenging year". Asda joins Marks & Spencer in opting to shut their stores on the day after Christmas Day to give their staff a day off...

09 December

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British grandmother says she feels great after Pfizer vaccine

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LONDON (Reuters) - Margaret Keenan, the 90-year-old British grandmother who became the first person in the world to receive the Pfizer (NYSE:PFE) COVID-19 vaccine outside of a trial, said she feels great after being discharged from hospital on Wednesday. Pictures of Keenan went around the world on Tuesday as she received the shot during a short stay in her local...

09 December

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Zoom’s Fully Baked After 500% Jump

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By Christiana Sciaudone Investing.com -- Zoom Video Communications Inc (NASDAQ:ZM) has given all it's got to give. For now, anyway. Shares are dropping 4% after JPMorgan (NYSE:JPM) downgraded the stock to overweight from neutral following its incredible 500% jump in 2020. "The revenue multiple fully reflects the upside potential and believe the under 10-employee segment of the user group...

09 December

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Dow Turns Red as Tech Slips, Stimulus Talk Stall

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By Yasin Ebrahim The Dow cut its gains Wednesday, as a fall in technology stocks and a lack of progress over negotiations on Capitol Hill over a stimulus relief package weighed on investor sentiment. The Dow Jones Industrial Average fell 0.46%, or 139 points after rising by more than 100 points intraday. The S&P 500 was down 0.84%, while the Nasdaq Composite slumped...

09 December

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Canada shares lower at close of trade; S&P/TSX Composite down 0.77%

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Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Healthcare, IT and Materials sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.77%. The biggest gainers of the session on the S&P/TSX Composite were Whitecap Resources Inc . (TSX:WCP), which rose 4.83% or 0.21 points to trade at 4.56 at...

09 December

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EU envoys positive towards deal with Poland, Hungary on EU budget

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BRUSSELS (Reuters) - Ambassadors of European Union Union governments were positive on Wednesday in their first review of a deal with Poland and Hungary that would unblock a 1.8 trillion financial package for the EU, a senior EU diplomat said. Poland and Hungary are under EU investigation for undermining the independence of courts, media and non-governmental organisations. They have been blocking the...

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News

Pfizer, Broadcom, Airbnb: 3 Things to Watch

Facebook faces U.S. lawsuits that could force sale of Instagram, WhatsApp

Dow Falls on Tech Wreck as Apple, Facebook See Red

EU summit to find deal to unblock budget, climate goals- Michel

UK supermarket Asda to close on Boxing day

British grandmother says she feels great after Pfizer vaccine

Zoom’s Fully Baked After 500% Jump

Dow Turns Red as Tech Slips, Stimulus Talk Stall

Canada shares lower at close of trade; S&P/TSX Composite down 0.77%

EU envoys positive towards deal with Poland, Hungary on EU budget

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