The key U.S. Index S&P 500 has added as much as 13.8% this year with the technology sector clearly beating the 10 other constituent sectors.
Disney (DIS) delivers decent earnings results for fourth-quarter fiscal 2020 despite the coronavirus pandemic hurting its business segments.
Disney's (DIS) fourth-quarter fiscal 2020 results are likely to reflect the pandemic woes, which largely induced shutdowns of its theme parks and cruise ships, and delayed movie releases.
With support from the search, cloud and YouTube businesses, Google (GOOGL) has posted better-than-expected Q3 earnings results amid the coronavirus pandemic.
Facebook delivered robust third-quarter 2020 results wherein it beat both earnings and revenue estimates.
Most of the reported third-quarter results of the big tech companies beat expectations, but shares took a beating due to underperformance in factors like non-financial metrics or guidance.
Both companies have reasonable chances of beating earnings estimates with Netflix witnessing positive earnings estimate revisions. On the other hand, Amazon saw negative earnings estimate revision.
Keeping up with the growing demand for streaming services amid the coronavirus crisis, Disney has taken some impressive restructuring initiatives.
After logging in the best week in three months, Wall Street enjoyed continued rally to start this week, mainly powered by the hype surrounding Apple and Amazon.
Rising coronavirus cases favoring stay-at-home investments, compelling valuation and higher chances of Biden's winning will favor big technology companies ahead.
The Walt Disney Company may see a rally in shares following an announcement that its live-action movie ???Mulan,??? would go directly to Disney+ in the United States with a digital purchase fee of $30...
Streaming services have been observed to gain popularity amid the coronavirus crisis as Americans are spending more time indoors and switching to in-house entertainment sources.
Facebook surpassed $300 per share for the first time on the back of new e-commerce bets triggered by the pandemic.
Disney delivered mixed earnings results in third-quarter fiscal 2020. The company largely suffered due to closure of parks and resorts and softness in the entertainment division amid the coronavirus pandemic....
With support from the company's cloud and YouTube businesses, Google has posted better-than-expected Q2 earnings results.
Disney's third-quarter fiscal 2020 results are expected to reflect the pandemic woes largely due to soft advertisement business, shuttered parks and entertainment division and stalled sports events.
Impressed with the quarterly results, many analysts raised the price target on Facebook, spreading strong optimism in the company's growth prospect.
FAAG Earnings remained robust in the second quarter. Will the trend last long?
Big five tech stocks lost more than $269 billion in value on Jun 11. This opens up a buying opportunity.