Roblox Corp. was digging itself out from a three-day outage that shut millions of users out Monday, as investors wiped away more than $1 billion of the videogame company’s market capitalization. Roblox RBLX, -2.68% shares declined as much as 4% Monday, and were last down 2.9% at $81.61, afterRead More →
Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit’s WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. But there are still stocks with heavyRead More →
Bite the bullet. angela weiss/Agence France-Presse/Getty Images. This week could be good for U.S. investors as post-Labor Day trading points to a tough ride for tech stocks, with some fearing last week’s mini-meltdown is the start of something bigger. It doesn’t help that from late last week came theRead More →
MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO|, CROWDSTRIKE CrowdStrike Holdings Inc. shares retreated from 2020’s meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company topped Wall Street estimates, with more businesses seeking to protect their systems as employees work from home. On a conference call, CrowdStrike CRWD, -1.12% co-founder andRead More →
Zoom Video Communications Inc. has become a household name during the coronavirus pandemic, with millions of people using its online-video service for free — but it still needs companies to pay for it in order to survive. On Monday, it proved that is happening — and then some. ZoomRead More →
Apple Inc. is facing fresh complaints about the 30% cut it takes from App Store purchases, as European regulators launch two antitrust investigations into the tech giant. Axios reported late Tuesday that Match Group Inc. MTCH, +4.39% , parent company of Tinder, OK Cupid and other popular dating services, criticizedRead More →
Adobe Inc. shares rose in the extended session Thursday after the software company’s earnings and contract revenue topped Wall Street estimates as the drive for mobile workplaces because of COVID-19 increased demand for its digital products. Adobe ADBE, -4.70% shares rose 4.4% after hours, following a 4.7% decline in theRead More →
With the country entering its third week of protests over social and racial justice, the spotlight has been cast again on the state of blacks in the workforce — in particular, the glacial progress of diversity in tech. It’s a topic that has flickered for decades, with fitful attempts atRead More →
Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard in the extended session Thursday afternoon after closing at record highs in recent days. Slack reported a loss of $74.4 million, or 13 cents a share, on revenue of $201.7Read More →
The COVID-19 outbreak brought waves of new users to Zoom Video Communications Inc. and Slack Technologies Inc., but this week we find out how many are actually paying for the services, and how much it is costing the companies to support them. Zoom ZM, +13.74% will report quarterly earnings TuesdayRead More →
If you’re an investor who doesn’t want to miss out on the next big trend, you had better pay attention to what’s going on in space. When people think about the space business, they may be excited that on Saturday the U.S. finally regained the ability to send people intoRead More →
Tech stocks aren’t the only things falling because of coronavirus fears — At least five tech conferences were canceled this week due to risks associated with COVID-19, including a large meeting of videogame developers. Late Friday afternoon, the annual Game Developers Conference, or GDC, was postponed after several important attendeesRead More →
Retailers will reveal more about the holiday-shopping season in the coming week, with the end of the earnings recession in sight. Home Depot Inc. HD, -0.68% is the lone Dow Jones Industrial Average DJIA, -0.78% component on the docket, and will be joined by plenty of other retailers that willRead More →
About 300 Oracle Corp. employees reportedly walked out Thursday to protest a fundraiser for President Donald Trump held the day before by co-founder and Chairman Larry Ellison. Bloomberg News reported about 300 workers left their offices or stopped working at remote sites around noon, Pacific time, and spent the remainderRead More →
After a boom-and-bust three-year run, HQ Trivia now appears to be little more than fodder for a future trivia question. The game-show app, which at its peak in early 2018 had more than 2 million daily users, officially shut down Friday. CNN Business obtained an email from CEO Rus YusupovRead More →
Growth stocks hammered value plays last year, as they have been doing since the U.S. recession ended. According to Citi, the MSCI all-cap world value index has underperformed the MSCI growth index by 25% since 2010, with 2019 showing the biggest gap in performance in 20 years. But there wasRead More →
German stocks had a slippery hold on record territory Wednesday, as equities across Europe struggled to make gains amid lingering concerns over the spread of China’s coronavirus. The German DAX 30 index DAX, -0.01% pushed into record territory earlier in the day, rising to a high of 13,640.06, before turningRead More →
Some U.S. technology companies have a simple solution to a raft of new laws that impact their businesses: fight them in court or interpret them in the best light possible. Their approach is fraught with risk but may be their best option to cope with laws that could seriously undercutRead More →
Technology stocks have had an amazing ride. But some, including Netflix and Twitter, are less expensive relative to earnings estimates than they were a year ago. You are no doubt aware that 2019 was an excellent year for U.S. stocks. Still, a breakdown of the 11 sectors of the S&PRead More →
Cloud-computing and cybersecurity stocks outperformed broader indexes Monday as shares of Salesforce.com Inc. closed at an all-time high and on heightened concerns of an Iranian cyberattack against the U.S. Salesforce CRM, +4.38% shares closed 4.4% higher Monday at a record $173.45, after touching an intraday record of $173.67, afterRead More →
The two stocks that contributed the most to 2019’s total stock-market returns also hold that position for the entire decade. While it’s fun to look at how the overall composition of the top 10 contributors has changed — with a noticeable shift from the energy sector to finance, for exampleRead More →
To celebrate the new year, here are some of the most popular MarketWatch articles of 2019. The one with the most readers by far was Catey Hill’s interview with a retired teacher who moved to Panama and believes it would be “an act of insanity to stay in the U.S.”Read More →
As we approach the end of 2019, it’s time not only for year-end lists, but end-of-decade lists. U.S. stocks have had what can only be called an excellent decade. MarketWatch will feature a number of forward-looking articles building on the past decade’s action. Today we’re taking a look back. TheRead More →
(This is the first in a three-part series listing highly rated stocks that sell-side analysts expect to rise the most over the next 12 months. This article covers large-cap stocks. Part 2 covers mid-cap stocks and part 3 covers small-caps.) What a difference a year makes. At this time inRead More →
In its blistering filing challenging the award of a $10 billion Pentagon contract to Microsoft Corp., Amazon.com Inc. claims the software giant was so “shocked” about winning the award that it took nearly a day to comment on the win. When Amazon AMZN, +0.03% filed its appeal to the decisionRead More →
