Big Tech, chipmakers power S&P 500, Nasdaq to record highs The S&P 500 and the Nasdaq hit record highs on Thursday on stellar earnings reports, with investors looking past... Updated 04 Nov, 2021 11:27pm
Markets Tesla lifts Nasdaq to record territory; focus turns to Fed's policy meet NEW YORK: The Nasdaq index hovered at a record high on Monday boosted by gains in Tesla and Meta Platforms, although... Published 02 Nov, 2021 05:20am
Markets Good vibes continue as Wall Street opens November NEW YORK: Major US stock indices climbed at the open of trading Monday as positive developments across the economy... Updated 01 Nov, 2021 08:02pm
Markets Chipmaker GlobalFoundries valued at $26bn in lackluster Nasdaq debut NEW YORK: Shares of GlobalFoundries Inc, which is owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co,... Published 01 Nov, 2021 05:02am
Markets Microsoft brings S&P 500, Nasdaq back into record territory NEW YORK: The S&P 500 and the Nasdaq crept back up to record territory on Friday after a boost from Microsoft,... Published 30 Oct, 2021 04:37am
Markets Nasdaq scales record peak ahead of Apple, Amazon results NEW YORK: The Nasdaq hit a record high on Thursday, led by mega-cap companies Apple, Amazon.com and Tesla, while... Published 29 Oct, 2021 05:05am
Markets Nasdaq hits record high with Apple, Amazon results on deck NEW YORK: The Nasdaq hit a record high on Thursday, boosted by gains in Apple and Amazon ahead of their quarterly... Published 28 Oct, 2021 11:53pm
Markets Solid Microsoft forecast, tech strength push Nasdaq higher NEW YORK: The tech-heavy Nasdaq rose on Wednesday after a robust forecast from Microsoft supported optimism about ... Published 28 Oct, 2021 04:06am
Markets Nasdaq flat on Microsoft, Alphabet lift, cyclicals weigh on S&P 500 NEW YORK: The Nasdaq ended little changed on Wednesday, boosted by gains in Microsoft and Google parent Alphabet on... Updated 28 Oct, 2021 01:40am
Markets Wall Street hits record but Facebook weighs NEW YORK: US stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh... Published 27 Oct, 2021 01:13am
Markets Tesla, PayPal lift S&P 500 and Nasdaq ahead of Big Tech earnings NEW YORK: US stock indexes edged higher in choppy trade on Monday, led by gains in Tesla and PayPal shares, while... Published 26 Oct, 2021 04:39am
Markets Tokyo stocks close lower on tech slump TOKYO: Tokyo stocks closed lower on Monday, led by declines in tech shares with investors cautiously focused on... Updated 25 Oct, 2021 12:25pm
Markets Wall Street's main indexes turn lower as Powell talks taper NEW YORK: The Dow and S&P 500 reversed course to trade lower on Friday, while the Nasdaq fell more than 1% after... Published 23 Oct, 2021 04:01am
Markets Dow hit by IBM results, Nasdaq rises on gains in Big Tech NEW YORK: The Dow on Thursday eased from a record high hit in the previous session as IBM shares fell after its... Published 22 Oct, 2021 04:13am
Markets Wall Street closes higher as earnings reports soothe investor fears The S&P 500 and the Dow closed higher on Wednesday as investors eyed better than expected third-quarter earnings... Published 21 Oct, 2021 04:17am
Technology Bitcoin nears record high ahead of futures ETF listing SINGAPORE: Bitcoin hit a six-month high and was within striking distance of a record on Tuesday as traders bet an... Published 19 Oct, 2021 12:42pm
Markets Asian markets rally as earnings divert from inflation worry HONG KONG: Asian markets rose Tuesday, extending a Wall Street rally as optimism over corporate earnings provided... Published 19 Oct, 2021 11:53am
Markets Tokyo shares open higher TOKYO: Tokyo stocks opened higher on Tuesday after Wall Street ended mostly up and with investors awaiting Japan's... Updated 19 Oct, 2021 11:48am
Markets Tech lifts S&P 500, Nasdaq amid inflation, China growth worries NEW YORK: US stocks rose on Monday on gains in heavyweight technology companies, although sentiment remained ... Published 19 Oct, 2021 03:52am
Markets S&P, Nasdaq enjoy boost from big tech firms, Dow dips The S&P and Nasdaq were gaining on Monday with a helping hand from heavyweight technology companies as investors... Updated 19 Oct, 2021 01:53am
Markets Coding platform GitLab valued at $14.9bn in strong market debut NEW YORK: GitLab Inc shares jumped about 35% above their offer price in their Nasdaq debut on Thursday, giving the... Published 18 Oct, 2021 04:42am
Print Bitcoin hits $60,000 on US ETF expectations LONDON/NEW YORK/HONG KONG: Bitcoin topped $60,000 for the first time in six months on Friday, nearing its all-time... Updated 16 Oct, 2021 09:17am
Markets Japanese shares rise as tech stocks track Nasdaq peers higher TOKYO: Japanese shares ended higher on Thursday, led by heavyweight tech stocks that tracked gains on the Nasdaq,... Published 14 Oct, 2021 11:52am
Markets Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow NEW YORK: The Nasdaq rose on Wednesday as investors moved into the perceived safety of technology stocks amid... Published 14 Oct, 2021 04:14am
Markets Wall Street ends sharply higher as Big Tech roars back Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks ... Updated 06 Oct, 2021 01:16am
Markets Wall Street tumbles as rising Treasury yields sink Big Tech Wall Street tumbled on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury... Published 05 Oct, 2021 12:03am
Sports Galaxy Racer partners with Fakhr Alam to 'expand into Pakistan' KARACHI: UAE based Galaxy Racer is one of the portfolio companies of Sheikh Ahmed Dalmook Maktoum Private Office and... Published 02 Oct, 2021 04:45am
Markets Tech mega-caps knock 1% off Nasdaq; banks lift Dow Stocks sensitive to economy lead gains US core capital goods orders, shipments rise in Aug Indexes: Dow rises 0.54%, S&P down 0.30%, Nasdaq off 1.08% Updated 27 Sep, 2021 08:23pm
Markets Tech stocks, Nike drag Wall Street lower NEW YORK: US stock indexes fell on Friday following a two-day rally, weighed down by technology and healthcare... Published 25 Sep, 2021 04:59am
Markets Wall Street ends sharply lower in broad sell-off NEW YORK: Wall Street plunged on Monday as fear of contagion from a potential collapse of China's Evergrande ... Updated 21 Sep, 2021 01:18am