Stock futures open slightly lower amid earnings, stimulus talks
Stock futures edged lower Tuesday evening as investors digested a batch of corporate earnings results, and eyed a rocky start to talks over another round of coronavirus-related fiscal stimulus in Washington. Tech shares fell anew during the regular…
ABB points to improving order situation after quarterly profit beat
By John Revill ZURICH (Reuters) – Swiss engineering firm ABB said on Wednesday its order situation could improve in the coming months, suggesting there was some light amid the gloom surrounding the industrial sector caused to the coronavirus…
Green Power Beats Fossil Fuels for First Time in Europe
(Bloomberg) — Renewable power for the first time contributed a bigger share in the European generation mix than fossil fuels as the fallout from the pandemic cut energy demand. About 40% of the electricity in the first half in the 27 EU countries…
3 Safe Haven, Stay-At-Home Tech Stocks to Buy with Nasdaq at Highs
The Nasdaq hit new highs once again on Monday, as the familiar faces of the market’s coronavirus comeback, from Tesla TSLA to Zoom ZM continue to soar. On Tuesday, IBM IBM topped our quarterly estimates, and the Dow climbed on the back of the European…
Hyundai KONA surpasses 100,000 units in global sales
Despite being relatively new in the automotive market, Hyundai’s KONA Electric is already celebrating a substantial achievement, as it recently surpassed the 100,000 global sales milestone. Since its launch in March 2018, total sales of the KONA…
How to follow topics, publications, and locations on Google News using the mobile app or web browser
You can follow or unfollow news sources on Google News to get curated content. davidf/Getty Images To follow something on Google News, you can click “Follow” or select the star icon next to a topic, publication, or location. You can customize…
Amazon Sets New Lobbying Record as Tech Antitrust Scrutiny Grows
(Bloomberg) — Amazon.com Inc. spent a record $4.38 million on lobbying during the second quarter, according to a spokeswoman, as the e-commerce giant faced increasing antitrust scrutiny in Washington and the challenges of delivering goods to…
Unknown Upstart Pioneers Foldable Glass That’s 50% Cheaper
(Bloomberg) — South Korea’s UTI Inc. has set itself the ambitious goal of growing tenfold over the next two to three years, and its key for unlocking that surge is its ultrathin foldable display glass. The company, a supplier of camera lens covers…
Biden Solar Plan May Have Silver Lining for Top-Performing Metal
(Bloomberg) — Silver, already at a six-year high amid rising haven demand and tight supply, may be poised for a big additional boost from a less-well-known driver: measures to stem global warming. The metal used in solar panels stands to gain as…
Is It Time to Rotate Out of Tech ETFs?
Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled…