Activist investor Daniel Loeb on Wednesday urged Walt Disney Co to forgo paying a dividend and use the cash to make and buy more programming for its Disney+ streaming service as it battles tech giants Netflix and Amazon .
Tesla Inc shed about $80 billion of its market value on Tuesday, an amount that overshadows the combined value of General Motors Co and Ford Motor Co, after its surprise exclusion from the S&P 500 index.
High-flying shares of Apple Inc and Tesla Inc surged again on Monday as stock splits took effect and attracted more buying from investors.
Video-conferencing company Zoom Video Communications Inc said on Monday it had restored service to its U.S. users after a partial outage left many unable to log in to work meetings or attend school classes remotely.
Just two years after Apple became the first publicly listed U.S. company with a $1 trillion stock market value, the iPhone maker has now topped $2 trillion. | Video
Alphabet Inc's Google is picking up a 6.6% stake in ADT Inc for $450 million, betting on the home security company's strong customer base and an army of technicians to drive sales of its Nest devices. | Video