Big tech’s stock market leadership threatened by rising rates

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New York: Megacap technology stocks rallied through a global pandemic, fears of a bubble and rising regulatory scrutiny. But the bond market could be the hurdle that finally trips them up. Apple Inc., Microsoft Corp., Amazon.com Inc., Alphabet Inc. and Facebook Inc., the five largest U.S. companies, have delivered reliable outsized gains to shareholders for … Read more

Apple shares surge to record high as rally picks up steam

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Apple Inc. rallied to close at record high Wednesday amid optimism on its corporate growth outlook for the second half of the year. It gained 1.8% to close at $144.57, smashing its January peak as some on Wall Street forecast a stronger rally over the next six months with iPhone sales poised to climb. It … Read more

Twitter hits highest since 2014 after JPMorgan turns bullish

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By Ryan Vlastelica Twitter Inc. shares climbed to a multi-year high on Wednesday, extending a recent advance after JPMorgan upgraded the social-media company to an overweight rating, citing a more bullish view toward online advertising in 2021. The firm also raised its price target to a Street-high view of $65 from $52. While growth should … Read more

Here’s how to outsmart fake news in your Facebook feed | CNN Business

Here’s how to outsmart fake news in your Facebook feed | CNN Business

CNN  —  Just because it’s on the internet doesn’t make it true. It seems so simple, but if everyone knew that, Facebook and Google wouldn’t have to pull bogus news sites from their advertising algorithms and people wouldn’t breathlessly share stories that claim Donald Trump is a secret lizard person or Hillary Clinton is an … Read more

What parents should know about the VR gear kids want | CNN

What parents should know about the VR gear kids want | CNN

Story highlights Virtual reality headsets range from inexpensive Cardboard to pricey PlayStation Here are your options if you want to dip your toe in or really swim with the VR big fish Thinking about treating your family to a little virtual reality this holiday? Have no idea where to start? Don’t worry. From Google’s inexpensive … Read more