Bludgeoned for weeks, a bull market is left for dead, its fate seemingly sealed as session after session of red ink show no sign of letting up. Suddenly, at the last second, a rally – death is averted – and the obituaries go back in the can.
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Move over, Netflix: Apple will be the best performing “Faang” stock in 2019, according to veteran analyst Gene Munster.
Amazon.com reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes.
Elon Musk’s SpaceX capped a record-setting year on Sunday when it launched a rocket carrying a new GPS III satellite for the US Air Force.
The Nasdaq Composite Index tumbled 3% on Friday, capping its worst week since the financial crisis. It’s now fallen 22% since its August record.
The richest people on Earth lost $511-billion (R7.4-trillion) this year after record first-half gains were obliterated by a succession of bruising market selloffs.
Shares in Tencent jumped as much as 4.2% after Chinese media reported that regulators have resumed approving games, signalling a potential end to a hiatus that’s chilled the world’s biggest gaming industry.
Nasa’s new Mars lander has placed a quake monitor on the planet’s dusty red surface. The milestone occurred less than a month after Mars InSight’s touchdown.
Apple is pulling older models of its iPhone from German stores after losing two patent cases brought by chip maker Qualcomm, the company said.
Spiralling losses in technology shares have pushed the Nasdaq Composite Index to the precipice of becoming the first major US stock gauge to enter a bear market since 2009.