US stocks turn lower as investors await word of China from Trump

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US stocks turn lower as investors await word of China from Trump

Stocks moved lower Friday as investors anxiously waited to hear what President Trump had to say about China. The Dow Jones industrial average was down 270 points, or nearly 1.1 percent at midday. The blue chips are in the midst of a strong week as they …
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Magic Leap CEO Rony Abovitz steps down amid enterprise refocus

Magic Leap Inc., a high-profile mixed-reality startup that has raised more than $2 billion from investors over the years, is undergoing a leadership shakeup: Founder and Chief Executive Officer Rony Abovitz revealed in a Thursday blog post that he is stepping …
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Why VMWare Stock Jumped Today

Shares of VMWare (NYSE:VMW) have jumped today, up by 7% as of 11:30 a.m. EDT, after the virtual computing specialist reported first-quarter earnings. The results beat expectations for both the top and bottom lines.
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Zscaler stock surges toward best day on record after earnings

Zscaler Inc. shares [: ZS] are up more than 25% in Friday trading and on track for their largest single-day percentage gain on record after the cloud security company posted better-than-expected earnings that showed the company is “a clear stay-at-home …
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Powell Says Federal Reserve Crossed Red Lines to Help Economy

WASHINGTON — Jerome H. Powell, the chair of the Federal Reserve, said central bankers had seen the need to use their tools “to their fullest extent” as coronavirus lockdowns shuttered economies around the globe and caused United States unemployment …
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