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S&P 500 Communication Sector SPDR
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Updated: 8:00 PM EDT, Jun 14, 2024
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Ireland's Regulation Dampens Meta's AI Ambitions In Europe
June 14, 2024
Meta Platforms postpones the European launch of its AI assistant due to data privacy concerns raised by the Irish Data Protection Commission, after advocacy group NOYB called for regulatory scrutiny...
Via
Benzinga
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Artificial Intelligence
Exposures
Artificial Intelligence
Nasdaq 100, S&P 500 Close At Record Highs As Tech Stocks Reclaim Dominance: Thursday's Gainers & Losers
June 13, 2024
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing at 19,576 points and reaching all-time highs.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
One-Two Punch for T-Mobile: Secures DoD Contract & Uber Deal
June 13, 2024
T-Mobile selected by U.S. Navy for $2.67 billion contract for wireless solutions. Partnership with Uber allows expansion of interactive screens in rideshare vehicles.
Via
Benzinga
Most US Equity Sectors Are Up This Year—With Two Exceptions
June 11, 2024
The US stock market’s strong year-to-date gain so far in 2024 has enjoyed wide support among equity sectors.
Via
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Healthcare And Biotech Investing: Breakthroughs In The Treatment Of Cancer At ASCO
June 10, 2024
Healthcare stocks underperformed YTD because of weakness in UNH and strength in Technology and Communication Services.
Via
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Paramount's Parent Attracts Bids from Bronfman Jr and Steven Paul
June 10, 2024
Paramount Global's National Amusements, controlled by Shari Redstone, is attracting interest from former exec Edgar Bronfman Jr. and Hollywood producer Steven Paul, as it faces challenges and potential...
Via
Benzinga
Meta To Use European Social Media Data For AI Training: Report
June 10, 2024
Meta Platforms reportedly plans to use public social media content from Europe to train its AI models. This move aligns its data policies in Europe with other regions. Meta aims to employ publicly...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Meta Introduces AI-Powered Ad Targeting On WhatsApp: Report
June 07, 2024
Meta Platforms Inc. has launched its first AI-powered ad targeting program for businesses on WhatsApp, marking a significant shift for the messaging service known for its privacy.
Via
Benzinga
Mark Zuckerberg's Meta Withheld Key Details In Instagram And WhatsApp Acquisitions, FTC Claims
June 05, 2024
Meta Platforms Inc (NASDAQ ) is accused of withholding critical information during the reviews of its Instagram and WhatsApp acquisitions, according to a recent FTC court filing. The FTC claims Meta's...
Via
Benzinga
Why Altria Stock is Still a Good Dividend Play
June 05, 2024
Altria is a leading sin stock with a market-beating yield and an aggressive repurchase plan that drives value for shareholders today.
Via
MarketBeat
Topics
Economy
Exposures
Interest Rates
Google And Magic Leap Join Forces: 'We See a Lot of Potential' In AR/VR Market
May 30, 2024
Google and Magic Leap have announced a strategic partnership to develop immersive AR experiences, integrating physical and digital realms.
Via
Benzinga
Volatility Spooks Investors As Treasury Yields, Dollar Climb Ahead Of Key Economic Releases: What's Driving Markets Wednesday?
May 29, 2024
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.
Via
Benzinga
Topics
Bonds
Exposures
Debt Markets
Are Cracks Starting To Appear As Stocks Fly Into The Holiday Weekend?
May 25, 2024
In this week's video, we'll review the latest charts and data to help us answer the question: Are cracks appearing as stocks fly into the holiday weekend?
Via
Talk Markets
Google Joins The Club: Invests In Flipkart, Reportedly Boosting E-Commerce Giant's Valuation to $37B
May 24, 2024
Alphabet Inc.'s Google has joined Flipkart as a minority investor. This reported $350 million investment, along with Google's Cloud collaboration, aims to modernize Flipkart's digital infrastructure....
Via
Benzinga
Entertainment Unleashed: Charter's Spectrum To Offer Ad-Supported Paramount+ & More At No Extra Cost
May 24, 2024
Multi-year distribution deal between Paramount Global and Charter Communications includes linear networks, stations, and streaming services.
Via
Benzinga
Google Accelerates India Manufacturing Plans, Chooses Tamil Nadu: Report
May 23, 2024
Alphabet Inc's (NASDAQ:GOOGL) Google is investing significantly in Tamil Nadu, India, to establish new smartphone production lines for its Pixel phones with Foxconn Technology Co Ltd (OTC:FXCOF)....
Via
Benzinga
Google's $1.1B Boost For Finnish AI Data Center: Details
May 20, 2024
Alphabet Inc's Google will invest an additional €1 billion in its Finland data center campus to enhance AI capabilities in Europe. This investment supports Google's commitment to sustainable...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
SPY Flag vs. Yields
May 19, 2024
The S&P500 is still in a (Bullish) flaglike consolidation, and the most important thing about Friday's tight range was downswing rejection. Broadening advance favors higher prices.
Via
Talk Markets
Meta Faces EU Investigation Over Child Safety Concerns: Report
May 16, 2024
Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, is under EU scrutiny for potential violations of child safety rules under the Digital Services Act (DSA). The European...
Via
Benzinga
Paramount Explores Partnership Expansion With Amazon: Report
May 16, 2024
Paramount Global is reportedly discussing a potential media partnership expansion with Amazon, focusing on bundling channel sales and advertising. Paramount+, already featured on Amazon's Channels...
Via
Benzinga
Meta Pulls Plug On Enterprise Communication Tool Workspace After 10 Years
May 14, 2024
Meta Platforms Inc (NASDAQ:META) announces the shutdown of Workplace, its business communication platform, marking a pivotal shift in enterprise strategy. Learn how this closure impacts Facebook's...
Via
Benzinga
Wall Street Trades Flat On Mixed Producer Inflation; Meme Stocks See Wild Ride, Bitcoin Drops: What's Driving Markets Tuesday?
May 14, 2024
Wall Street is experiencing a subdued trading session, with all major indices showing minimal movement around midday in New York.
Via
Benzinga
Alphabet's Autonomous Vehicle Unit Waymo Faces Scrutiny Over Traffic Violations
May 14, 2024
U.S. auto safety regulators probe Waymo self-driving vehicles for potential traffic violations, following 17 collisions. NHTSA examines 444 vehicles after reports of erratic behavior near traffic...
Via
Benzinga
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Google Parent Alphabet Eyes HubSpot Acquisition: Bloomberg
May 09, 2024
Alphabet Inc (NASDAQ:GOOGL) eyes HubSpot Inc. (NYSE: HUBS) in a strategic move poised to reshape the CRM sector. With HubSpot's soaring market capitalization and Alphabet's vision to bolster its CRM...
Via
Benzinga
Communications, Energy Are 2024’s Sector Leaders For US Stocks
May 07, 2024
The upside momentum in the US stock market so far this year continues to be led by rallies in communications services and energy shares, based on a set of ETFs through Monday’s close (May 6).
Via
Talk Markets
Topics
ETFs
Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?
May 06, 2024
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively...
Via
Benzinga
Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What's Driving Markets Friday?
May 03, 2024
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.
Via
Benzinga
Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift
May 02, 2024
Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Wall Street Inches Up After Powell's Inflation Remarks; Chipmakers Rebound; Gold, Crude Falter: What's Driving Markets Thursday?
May 02, 2024
U.S. stock markets surged during Thursday’s midday trading session in New York, with major averages all showing gains.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
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