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U.S. trade deficit widens slightly in January, second highest on record
The numbers: The U.S. trade deficit in goods widened to $83.7 billion in January from a revised $83.2 billion in…
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Salesforce earnings live up to Benioff’s $20-billion goal, so now it’s on to the next one
Salesforce.com Inc. easily topped $20 billion in revenue for the first time in its recently completed fiscal year, so now…
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HP releases earnings early, stock jumps 4%
HP Inc. shares spiked 4% Thursday after the computer maker released holiday earnings earlier than expected and showed a $1…
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Foxconn to Build Cars for Electric-Vehicle Startup Fisker
Foxconn Technology Group, 2317 5.43% the world’s biggest electronics contract manufacturer, has agreed to assemble cars for electric-vehicle startup Fisker…
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These are the stocks helping to tank the high-flying ARK Innovation ETF over the past week
(Updates story with closing prices for Feb. 23.) The Ark Innovation ETF has been a top performer. But there are…
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Worldwide chip shortage expected to last into next year, and that’s good news for semiconductor stocks
A global shortage of semiconductors has pushed chip stocks to record highs, and analysts expect that chips will continue to…
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Former Fidessa chair joins PwC spin-out
John Hamer, the former chief executive and chairman of trading software giant Fidessa, has joined LikeZero as the fintech firm’s new chair. LikeZero,…
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HSBC does not need to hand over documents to Huawei, London court rules
HSBC does not need to hand over banking documents requested by Huawei chief financial officer Meng Wanzhou as part of…
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Big Tech is swallowing the rest of Silicon Valley
Silicon Valley’s deepening descent into wealth inequality is particularly stark when comparing Big Tech with the San Francisco Bay Area’s…
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