Yahoo Finance’s Dan Howley reports on the lawsuit against Activision Blizzard regarding harassment allegations and the proposed ‘The Health Misinformation Act’ bill by two U.S. Democratic Senators aiming to combat health misinformation on social media platforms.
Morningstar Senior Equity Analyst Ali Mogharabi joins Yahoo Finance Live to break down Twitter and Snap’s stunning Q2 earnings.
The Dow Jones Industrial Average and Nasdaq Composite also moved higher, although they both still have a bit further to climb before claiming records of their own. Helping lift the spirits of investors wasn't easy, but strong earnings reports did the trick. Snap (NYSE: SNAP) was the big winner on the day, as the rising social media giant saw its market capitalization rise above the $100 billion mark.