Author: Reuters

SAN FRANCISCO (Reuters) – It took 17 years, but the S&P 500 information technology index has finally recovered from the implosion of the dot-com bubble. Powered by...

NEW YORK (Reuters) – The major U.S. stock indexes closed at record highs on Wednesday helped partly by technology stocks, which surpassed a long-standing mark, despite gains on the Dow being capped by a sharp drop in IBM...

(Reuters) – American Express Co’s profit fell less than expected in the second quarter, as higher spending by card members made up for increased costs from offering rewards. Powered by...

(Reuters) – Qualcomm Inc reported a 40 percent slump in quarterly profit, hurt in part by its escalating patent battle with Apple Inc . Powered by...

NEW YORK (Reuters) – The Nasdaq Composite and the S&P 500 hit record highs on Wednesday, powered by technology stocks and a more than 20 percent jump in Vertex Pharmaceuticals, while gains on the Dow were capped by a...