Yahoo finance news

Here are the latest news and updates from Yahoo Finance:

Top Stories

  1. Dow Jones Industrial Average (DJIA) Falls Over 500 Points Amid Global Market Volatility: The Dow Jones Industrial Average (DJIA) plummeted over 500 points on Monday, as global markets continued to experience volatility amid concerns over the spread of the COVID-19 virus.
  2. Tesla (TSLA) Stock Soars 10% After Elon Musk's Twitter Announcement: Tesla (TSLA) stock surged 10% on Monday after Elon Musk announced on Twitter that the company would be increasing its production capacity to meet growing demand for its electric vehicles.
  3. Apple (AAPL) Stock Hits All-Time High Amid Strong Earnings Report: Apple (AAPL) stock reached an all-time high on Monday after the company reported strong earnings for its fiscal first quarter, driven by the success of its iPhone and services segments.

Market News

  1. S&P 500 Index Falls 1.5% Amid Global Market Sell-Off: The S&P 500 Index fell 1.5% on Monday, as global markets continued to experience a sell-off amid concerns over the spread of the COVID-19 virus.
  2. Nasdaq Composite Index Falls 2.5% Amid Tech Sell-Off: The Nasdaq Composite Index fell 2.5% on Monday, as tech stocks continued to experience a sell-off amid concerns over the spread of the COVID-19 virus.
  3. Gold Prices Surge 1.5% Amid Market Volatility: Gold prices surged 1.5% on Monday, as investors sought safe-haven assets amid market volatility.

Company News

  1. Amazon (AMZN) Acquires Zoox, a Self-Driving Car Startup: Amazon (AMZN) announced on Monday that it had acquired Zoox, a self-driving car startup, in a deal reportedly worth over $1 billion.
  2. Microsoft (MSFT) Acquires Affirmed Networks, a 5G Startup: Microsoft (MSFT) announced on Monday that it had acquired Affirmed Networks, a 5G startup, in a deal reportedly worth over $1 billion.
  3. Walmart (WMT) Acquires Cornershop, a Latin American E-commerce Startup: Walmart (WMT) announced on Monday that it had acquired Cornershop, a Latin American e-commerce startup, in a deal reportedly worth over $200 million.

Earnings News

  1. Apple (AAPL) Reports Strong Earnings, Beats Expectations: Apple (AAPL) reported strong earnings for its fiscal first quarter, driven by the success of its iPhone and services segments.
  2. Microsoft (MSFT) Reports Strong Earnings, Beats Expectations: Microsoft (MSFT) reported strong earnings for its fiscal fourth quarter, driven by the success of its cloud computing and gaming segments.
  3. Alphabet (GOOGL) Reports Strong Earnings, Beats Expectations: Alphabet (GOOGL) reported strong earnings for its fiscal fourth quarter, driven by the success of its Google search and advertising segments.