Technology

Futures edge higher after stocks notch 3-day win streak

1 day ago   |   By CNBC

Stock futures edged slightly higher in overnight trading after a rise in technology stocks boosted the Nasdaq Composite to its third-straight positive day on Thursday.
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Uber Freight just dropped $2.25 billion on a logistics tech acquisition that could finally make it profitable

Uber Freight just dropped $2.25 billion on a logistics tech acquisition that could finally make it profitable

1 day ago   |   By Business Insider

Summary List Placement Uber Freight, the ride-hail giant's trucking division, announced Thursday it has acquired logistics technology company Transplace from TPG Capital for $2.25 billion.
The move represents a sizable investment in a unit that made up just 1.5% of Uber's bookings revenue for the first quarter of 2021, and could be what sets Uber Freight up to turn a profit in 2022, according to the company.
Uber Freight head Lior Ron told Insider the transaction marks a "massive commitment" from Uber CEO Dara Khosrowshahi and the company's board of directors in the freight business, which...
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How major US stock indexes fared Thursday

1 day ago   |   By Chron

Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week. Even though most stocks in the S&P 500 fell, gains for several tech heavyweights, including Apple and Microsoft, pushed the benchmark index higher. The Nasdaq and Dow Jones Industrial Average also rose. Trading was subdued as investors reviewed the latest corporate earnings and a surprise increase in the number of Americans filing for unemployment benefits.
On Thursday:
The S&P 500 rose 8.79 points, or 0.2%, to 4,367.48.
The Dow Jones Industrial Average rose 25.35 points, or 0.1%...
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Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way

1 day ago   |   By Business Insider

Spencer Platt/Getty Images
US stocks traded higher on Thursday, driven by mega-cap tech giants Microsoft, Apple and Amazon. The gains came even as weekly jobless of 419,000 were higher than estimates of 350,000. The S&P 500 is now less than 1% below its record high of 4,393. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks edged higher on Thursday, driven by a more than 1% gain in mega-cap tech giants Microsoft , Apple , and Amazon. The gains helped send the S&P 500 to just 1% below its record high of 4,393, having recovered all of its losses from...
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Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way

Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way

1 day ago   |   By Business Insider

Summary List Placement
US stocks traded higher on Thursday, driven by mega-cap tech giants Microsoft, Apple and Amazon.
The gains came even as weekly jobless of 419,000 were higher than estimates of 350,000.
The S&P 500 is now less than 1% below its record high of 4,393.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
US stocks edged higher on Thursday, driven by a more than 1% gain in mega-cap tech giants Microsoft , Apple , and Amazon. The gains helped send the S&P 500 to just 1% below its record high of 4,393, having recovered all of its losses from Monday's...
Read more ...

 


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Groups worry about tapping COVID relief for infrastructure

Groups worry about tapping COVID relief for infrastructure

WASHINGTON - Organizations representing long-term care facilities on Friday urged lawmakers working on a bipartisan infrastructure plan to avoid dipping into COVID-relief funds... Read more ...

Groups worry about tapping COVID relief for infrastructure

Groups worry about tapping COVID relief for infrastructure

WASHINGTON - Organizations representing long-term care facilities on Friday urged lawmakers working on a bipartisan infrastructure plan to avoid dipping into COVID-relief funds... Read more ...

Jeff Bezos' 18-year-old space-flight companion reportedly told him he had...

Jeff Bezos' 18-year-old space-flight companion reportedly told him he had never bought anything from Amazon before

Summary List Placement The 18-year-old passenger on Blue Origin's spaceflight on Tuesday had an awkward admission to former Amazon CEO Jeff Bezos during the trip. Dutch... Read more ...

A man in Texas told someone he matched with on Bumble that he attended the...

A man in Texas told someone he matched with on Bumble that he attended the US Capitol riot where the FBI says he attacked police with a metal whip. They turned him in

Summary List Placement A man in Texas has been arrested after he boasted to a match on an online dating app about attending the January 6 insurrection from "the very... Read more ...

Wall Street rallies to record-breaking end of turbulent week

Wall Street rallies to record-breaking end of turbulent week

NEW YORK - Stocks rallied to records on Wall Street Friday, and the Dow Jones Industrial Average closed above the 35,000 level for the first time, as the market continued to... Read more ...

How to watch gymnastics at the Tokyo Olympics - the finals are free to...

How to watch gymnastics at the Tokyo Olympics - the finals are free to stream on Peacock

Summary List Placement Gymnastics are one of the most anticipated events at the 2020 Tokyo Olympics. Qualification subdivisions start on July 23 and the last gymnastics final... Read more ...

July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations

July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations

The 7-day average cases is the highest since May 6th. The 7-day average hospitalizations is the highest since May 25th. This data is from the CDC . According to the CDC, on... Read more ...

Yellen outlines to Congress emergency measures on debt limit

Yellen outlines to Congress emergency measures on debt limit

WASHINGTON - Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented... Read more ...

The Latest: WH: US to buy 200M more doses of Pfizer vaccine

The Latest: WH: US to buy 200M more doses of Pfizer vaccine

WASHINGTON - The federal government is buying 200 million more doses of the Pfizer coronavirus vaccine to prepare for future needs, such as boosters and shots for kids under 12. Read more ...

Activision Blizzard influencers are turning their backs on the video game...

Activision Blizzard influencers are turning their backs on the video game giant after a bombshell lawsuit

Summary List Placement After a bombshell lawsuit was filed by the California Department of Fair Employment and Housing against video game company Activision Blizzard on... Read more ...