The S&P 500 and Nasdaq fell on Tuesday as a jump in oil prices deepened worries about persistent price pressures ahead of crucial inflation readings this week, while Oracle slumped on downbeat forecast and results.
Microsoft MSFT announced that it is collaborating with Barclays BCS and Mastercard MA to launch the Xbox Mastercard, a co-branded credit card, in the United States. The partnership aims to provide more value to Xbox players by off
Oracle ORCL reported first-quarter fiscal 2024 non-GAAP earnings of $1.19 per share, which beat the Zacks Consensus Estimate by 4.39% and increased 15.5% year over year. At constant currency (cc), earnings increased 14% year over
MongoDB MDB has introduced its Academia program in India to train more than 500,000 students in utilizing MongoDB Atlas, a leading multi-cloud developer data platform. This initiative offers training for students, educational reso
The tech sector, in simple terms, is like the engine room of our modern world. It encompasses a range of companies that create computers, software, electronics, and other products or services related to technology. These companies often lead the charge in innovation, regularly in
EU antitrust regulators are asking Microsoft's rivals and customers whether they are affected by the U.S. tech giant's proposals to gain UK approval for its $69 billion acquisition of Activision Blizzard, sources close to the matter said.
Adobe, IBM, Nvidia and five other firms have signed U.S. President Joe Biden's voluntary commitments governing artificial intelligence (AI), which require steps such as watermarking AI-generated content, the White House said on Tuesday.
Wall Street's main indexes fell on Tuesday as Oracle shares slumped, while investors awaited key inflation readings later this week for clues on the Federal Reserve's interest-rate path.
Oracle shares plunged more than 10% on Tuesday after the company's weak forecast suggested that strong competition in the cloud-computing industry and a digital spending pullback were weighing on its revenue growth.
It's impossible to predict when a recession will strike the economy. These downturns are a regular part of the economic cycle, though, and they occur every four or five years (on average).
Wall Street closed higher on Monday, led by mega-cap growth stocks. Investors remained cautious about what to expect from the inflation numbers due later this week amid buoyant optimism centering artificial intelligence (AI). All
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.
Wall Street's main indexes were poised to open lower on Tuesday after starting the week on a strong footing, as investors awaited key inflation readings for clues on the Federal Reserve's interest-rate path.
EU antitrust regulators are asking Microsoft's rivals and customers whether they are affected by the U.S. tech giant's proposals to gain UK approval for its $69 billion acquisition of Activision Blizzard, sources close to the matter said.
Zscaler (NASDAQ: ZS) and DigitalOcean (NYSE: DOCN) represent two different ways to invest in the booming cloud software market. Zscaler is a cybersecurity company that provides "zero trust" services that treat everyone as a potential threat. Instead of installing its tools throug
U.S. stock index futures fell on Tuesday after starting the week on a strong footing, as investors awaited a key inflation reading for clues on the Federal Reserve's interest-rate path.
EU antitrust regulators are asking Microsoft's rivals and customers whether they are affected by the U.S. tech giant's remedies to try to secure the UK competition agency's approval for its $69 billion buy of Activision Blizzard, sources said.
Oracle sank 9% on Tuesday, after a weak forecast suggested strong competition in the cloud-computing industry and a digital spending pullback were weighing on its revenue growth.