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BEIJING, Aug 4 (Reuters) - ByteDance rival Kuaishou Technology said on Wednesday it would stop servi

The odds of a rapid rebound for fintech play SOFI stock appear dim. AsSoFiTechnologies(NASDAQ:SOFI)

The S&P 500 slipped from a record high on Monday ahead of a busy week of earnings reports from technology's heaviest hitters.The broad equity benchmark dipped 0.1% after hitting a record closing high in the previous session. The Dow Jones Industrial Average fell 71 points and the tech-heavy Nasdaq Composite slid 0.1%, both retreating from their records.Those declines came as shares in Hong Kong suffered heavy losses during the Asia trading session on Monday, with the Hang Seng index in the city

This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, w

Socket Mobile 80% HIGHER; reported Q2 EPS of $0.27, $0.24 better than the analyst estimate of $0.03. Revenue for the quarter came in at $6 million versus the consensus estimate of $4.07 million.Snap 16% HIGHER; reported Q2 EPS of $0.10, $0.11 better than the analyst estimate of . Revenue for the quarter came in at $982.1 million versus the consensus estimate of $844.98 million. Average monetizable daily active users were 206 million for Q2, compared to 186 million in the same period of the pr

Risk-averse investors may want to look elsewhere.