Wall Street tumbled on Wednesday as Alphabet shares slid after Google's parent posted disappointing earnings and U.S. Treasury yields rose, reviving fears that interest rates could stay higher for longer.
The WisdomTree U.S. Total Dividend Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 504,000 shares traded versus three month average volume of about 27,000. Shares of DTD were off about 0.8% on the day.
Tech stocks were falling Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 1.1% and the Philadelphia Semiconductor index tumbling 3.8%.
The tech sector stands out as a hub of innovation, drawing investors from all corners of the globe. It includes a broad spectrum of companies, ranging from software to hardware. This sector is vibrant, diverse, and vital to today’s economy. Tech giants like Apple (NASDAQ: A
Shares of Amazon (NASDAQ: AMZN) were down 3.5% as of 11:16 a.m. ET on Wednesday following a disappointing earnings report from Google parent Alphabet after the market close on Tuesday.
The tech-heavy Nasdaq and the S&P 500 dropped on Wednesday as Alphabet slumped after its cloud division missed revenue estimates, while other mega-cap stocks were also pressured by rising U.S. Treasury yields.
Fintel reports that on October 25, 2023, Goldman Sachs maintained coverage of Microsoft (NASDAQ:MSFT) with a Buy recommendation. Analyst Price Forecast Suggests 20.70% Upside
Fintel reports that on October 25, 2023, Wedbush reiterated coverage of Microsoft (NASDAQ:MSFT) with a Outperform recommendation. Analyst Price Forecast Suggests 20.70% Upside
Fintel reports that on October 25, 2023, Barclays maintained coverage of Microsoft (NASDAQ:MSFT) with a Overweight recommendation. Analyst Price Forecast Suggests 20.70% Upside
Fintel reports that on October 25, 2023, Oppenheimer reiterated coverage of Microsoft (NASDAQ:MSFT) with a Outperform recommendation. Analyst Price Forecast Suggests 20.70% Upside
Stocks were mixed on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, adding to the angst over painfully high interest rates, while benchmark U.S. Treasury yields and the dollar ticked up.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.89%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.35%. Stocks this morning are moderately lower as some disappointing...
Shares of Microsoft (NASDAQ: MSFT) charged sharply higher Wednesday morning, surging as much as 4.7%. As of 10:44 a.m. ET, the stock was still up 3.2%.
In early trading on Wednesday, shares of Microsoft topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.2%. Year to date, Microsoft registers a 43.7% gain.
In early trading on Wednesday, shares of Microsoft topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.7%. Year to date, Microsoft registers a 42.9% gain.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $2.5 billion dollar inflow -- that's a 0.7% increase week over week
Microsoft MSFT reported first-quarter fiscal 2024 earnings of $2.99 per share, which beat the Zacks Consensus Estimate by 12.83% and improved 27.2% on a year-over-year basis. At constant currency (cc), earnings grew 26% year over
Over the last year or so, as the Fed has squeezed liquidity and hiked rates, the U.S. economy has slowed. That has put pressure on corporations to cut costs and compete better.
The world's largest software maker — Microsoft MSFT — reported strong first-quarter fiscal 2024 results, beating earnings and revenue estimates, thanks to continued growth in its cloud computing businesses. The company provided an
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