Buy Big Tech Stocks Despite Pullback Fears?
Zacks Stocks In The News · Amazon, Apple & Facebook Earnings: Buy Big-Tech Stocks Despite Pullback Fears? On today’s episode of Full Court Finance here at Zacks, Ben Rains dives into what to expect from Amazon, Apple, and Facebook’s upcoming…
Big Tech and antitrust: where things stand
Washington (AFP) – The four major tech firms whose chief executives are testifying at a congressional antitrust hearing face a variety of complaints about their dominance in the US and elsewhere. Investigations are being led by antitrust enforcers…
Big Tech Goes on Shopping Spree, Brushing Off Antitrust Scrutiny
(Bloomberg) — The biggest U.S. technology companies have gone on a buying spree this year, waving off intense scrutiny from competition watchdogs and critics who say they’ve bolstered their power by snatching up nascent rivals. The number of…
Why Big Tech is riding high while the US stock market tanks
The S&P 500, a benchmark that tracks 500 large US-listed stocks, is back to its January levels after a big dip around the time that Covid-19 first hit the US. The steady performance of the stock market has mystified many observers, as it suggests a…
The four horsemen of big tech brace for their Washington interrogation
Big tech On April 15 1994, the chief executives of America’s seven largest tobacco companies were hauled to Washington to appear before US politicians. In front of a Congressional committee on health, the “seven dwarfs” faced a humbling moment, a sign…
How much money will be in the room during big tech CEOs’ congressional testimony?
The US House antitrust subcommittee will soon hear testimony from the CEOs of the world’s four biggest tech companies: Amazon’s Jeff Bezos, Google’s Sundar Pichai, Facebook’s Mark Zuckerberg, and Apple’s Tim Cook. It may be the greatest concentration of…
After Intel Shares Pounded On Chip Guidance, Earnings Eyes Turn To Amazon, Apple, Other Big Tech
Considering the effects the coronavirus has had on U.S. and world markets in 2020, it might be understandable to long for the “simpler times” of 2019. However, there’s one major storyline from last year we might wish to forget—trade policy and…
Big tech’s 15-year acquisition spree had a hidden cost
Since 2005, Alphabet, Apple, Amazon, and Facebook have acquired 385 other US companies, according to PitchBook. Alphabet alone has acquired 185. Big tech’s buying spree is already being scrutinized by the US Federal Trade Commission, the EU, and…
Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom
More than 50% of COVID-19 related business closures in the US are now permanent. Can tech platforms provide a new avenue for small biz entrepreneurship? For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe…
Big Tech CEOs ready defenses for U.S. Congress hearing into their growing power
By Nandita Bose and Diane Bartz WASHINGTON (Reuters) – The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they…