Apple plans to buy Intel’s wireless chip unit for $1 billion

July 25, 2019 By: adminbackup

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S&P 500 and Nasdaq close at record highs as tech sector shakes off new regulatory threat

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The S&P 500 and Nasdaq Composite reached all-time highs on Wednesday, propelled by a rally in chip stocks as investors shook off regulatory concerns facing Big Tech.The broad index rose 0.5% to 3,019.56, a record. The tech-heavy Nasdaq jumped nearly 0.9% to end the day at 8,321.50. The VanEck Vectors Semiconductor ETF (SMH) gained 2.7% to hit a record, led by a 7.4% rally in Texas Instruments...

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Facebook’s earnings hit by fines and growth slowdown, but investors remain unfazed

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Bulls Push Fresh Record Peaks

July 24, 2019 By: adminbackup

U.S. markets settled mostly higher on Wednesday with the blue-chips lagging following disappointing earnings from a number of Dow components. The small-caps showed the most strength but Tech and the overall market stole the headlines after tapping fresh all-time highs.Volatility continues to cool after falling below another key level of support and comes ahead of Thursday’s earnings parade....

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The Fed has three options. Here’s the difference between them, and why anything could happen

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The Big Tech antitrust investigation may be a political game, but that doesn’t mean it will end quickly

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