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U.S. equity markets rallied to session highs Wednesday as the S&P 500 exited its bear market helped by a basket of news investors believe will be positive for stocks amid the COVID-19 pandemic. The Dow Jones Industrial Average gained over 770 points, or 3.4 percent, while the S&P 500 rose by 3.4 percent as well…
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Apple rallied 2.1% in today’s stock market, while Microsoft gained 1.2%. FANG stock leader Amazon traded up 0.8%. Tesla turned lower after initial gains on employee pay cuts. The Nasdaq composite hit new session highs in midday trade, gaining 1.8% Wednesday. At around 3pm EDT, the S&P 500 was up 2.1%, while the Dow Jones…
Read More “Dow surges after Bernie Sanders drops out; Apple among key gainers” »
The prospect of a planned Senate vote on a $2 trillion stimulus package in response to the coronavirus pandemic dimmed Wednesday as Senator Bernie Sanders said he would delay the bill. Jacob Pramuk for CNBC: Earlier in the day, four Republican senators — Lindsey Graham and Tim Scott of South Carolina, Ben Sasse of Nebraska…
Read More “Bernie Sanders threatens to hold up emergency coronavirus relief bill” »
According to a new GovPredict analysis of Federal Election Commission data, Apple employees donate more to Bernie Sanders than any other presidential candidate, with a total of $53,626 going to Bernie Sanders in the fourth quarter of 2019. Andrew Yang was second among Apple employees with $37,516. The list: Bernie Sanders: $53,626 Andrew Yang: 37,516…
Read More “Apple employees donate more to Bernie Sanders in U.S. presidential race” »
Apple is set to cohost tonight’s Democratic presidential debate in New Hampshire and is soliciting questions from the public through the company’s Apple News app. It’s the first time that Apple has co-hosted a debate for U.S. presidential candidates of any party. Source: Apple Inc. Matt Novak for Gizmodo: While Apple has partnered with ABC…
Read More “Apple to cohost Democratic debate in New Hampshire tonight” »
In the preamble to the U.S. 2020 presidential election, many Democratic White House contenders have argued in favor of either breaking up or tightening regulation of companies such as Facebook, Amazon, Apple, and Google. Here’s a look at the U.S. presidential candidates’ positions on breaking up Big Tech. Elizabeth Culliford for Reuters: President Trump tours…
Read More “U.S. presidential candidates’ positions on breaking up Big Tech” »
The Democratic National Committee announced on Thursday the hosts of the next four presidential debates in the first four primary and caucus states. This will mark the first time Apple News will co-host a presidential debate. The dates, hosts, and states:• January 14: CNN (Iowa)• February 7: ABC, Apple News, and WMUR-TV (New Hampshire)• February 19: NBC and…
U.S. Senator Bernie Sanders (I-Vermont) “Sen. Bernie Sanders (I-Vt.) on Monday accused Apple of ‘throwing pennies at a housing crisis’ that it ‘helped create’ after the tech giant announced it will spend $2.5 billion on affordable housing in California,” Justine Coleman for The Hill: The presidential candidate released a statement ripping Apple’s “hypocrisy” and saying…
“In the run-up to the 2020 presidential election, America’s big tech companies are being challenged on many fronts from across the political spectrum, from antitrust concerns to their policies on political ads and ensuring election security,” Elizabeth Culliford writes for Reuters: Many of the Democratic presidential candidates have argued in favor of either breaking up…
Read More “Where the 2020 U.S. presidential candidates stand on breaking up Big Tech” »
The chair of the U.S. House of Representatives Judiciary Committee’s antitrust panel said on Friday that he expects to have a final report on its probe of big technology companies and their potential breaches of antitrust law, by the “first part” of next year. Nandita Bose for Reuters: The committee has received tens of thousands…
