Stellar outlook from Microsoft put U.S. stock indexes on course for a stronger open on Wednesday after two sessions of turbulent trading and ahead of the outcome of a Federal Reserve policy meeting.
The technology sector, which enabled Wall Street to get rid of the coronavirus-induced short bear market and formed the new bull market, suffered a huge blow as soon as 2022 started. Soaring inflation since mid-2021 has compelled the Fed to terminate the quantitative easi
The new year has started off on a sour note, with the stock market crashing and panic spreading throughout financial markets. Inflation and interest rates have put investors on edge, and many believe we are still in an economic bubble. Stock market predictions will always have be
F5 Networks FFIV delivered robust first-quarter fiscal 2022 results wherein both earnings and revenues not only surpassed the Zacks Consensus Estimate but also registered double-digit year-over-year growth.
Meta Platforms FB recently declared that its research team has developed a new artificial intelligence (AI) supercomputer, which is touted to be the fastest in the world once completed mid-2022.Meta’s new supercomputer dubbed as AI Research Super Cluster (RSC) will help l
Advanced Micro Devices' (NASDAQ: AMD) stock price has declined nearly 20% this year as rising interest rates have caused investors to cash out of higher-growth tech stocks. AMD also faces concerns about slower PC sales in a post-lockdown market, as well as tougher competition fro
U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to the outcome of the Federal Reserve's policy meeting.
Robinhood Markets (NASDAQ: HOOD) continues to fulfill its mission to "democratize finance." As of the end of the third quarter of 2021, more than 11 million traders had opened accounts on the platform during the year to date period.
If you ask the average person to name the world's biggest public company, most would probably correctly guess the $2.7 trillion behemoth Apple (NASDAQ: AAPL). And odds are good that a sizable segment of this crowd would be able to name a few other members of the trillion-dollar c
Taiwan Semiconductor Manufacturing Company, aka TSMC TSM, is the world's largest third-party chip fabricator, responsible for manufacturing most of the world's digital chips, and is a part of 85% of semiconductor innovations. Its cutting-edge manufacturing capabilities ar
Today's video focuses on Meta Platforms (NASDAQ: FB) and its recent supercomputer AI Research SuperCluster (RSC), powered by Nvidia (NASDAQ: NVDA). Meta Platforms believes its supercomputer will be the fastest online after adding final components later this year. Here are some hi
Japan's Nikkei index ended lower on Wednesday, dragged down by technology heavyweights after their U.S. peers slumped overnight on concerns over an increasingly hawkish Federal Reserve and tensions surrounding Ukraine.
A year since a Reddit-driven retail trading frenzy rocked the markets and created the 'meme stock' phenomenon, leading U.S. lawmaker Nancy Pelosi's investments have become a meme in their own right.
Japan's Nikkei index fell to a fresh 13-month low on Wednesday, dragged down by technology heavyweights after their U.S. peers closed lower overnight on concerns over an increasingly hawkish Federal Reserve and tension over Ukraine.
Texas Instruments (TXN) came out with quarterly earnings of $2.27 per share, beating the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.80 per share a year ago. These figures are adjusted for non-recurring items.
NEW YORK (Reuters Breakingviews) - Even the military-industrial complex can’t overcome antitrust zeal. Since taking over the U.S. Federal Trade Commission, Lina Khan has turned up the heat on competition enforcement in ways that were histo
In a year that value stocks were supposed to finally pull one over on growth stocks, it was the latter that yet again pulled ahead. The S&P 500 Growth Capped Index delivered a total return of just more than 32%, while the S&P 500 Value Capped Index returned roughly 25%.