What happened
There's little question that the hard-charging market rebound this year is largely the result of excitement about recent advancements in artificial intelligence (AI). In the wake of their worst performance since 2008, the major market indexes are decidedly in rally
The U.S. House of Representatives Oversight Committee said on Wednesday it is opening an investigation into China's suspected involvement in recent breaches of Commerce and State department email systems.
The average one-year price target for Microsoft (NASDAQ:MSFT) has been revised to 392.55 / share. This is an increase of 12.03% from the prior estimate of 350.38 dated July 5, 2023. The price target is an average of many targets provided by analysts. The latest targets range fr
Wall Street was set to open lower on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world.
It's been a great year so far for big tech companies, as mania over artificial intelligence (AI) and optimism about the U.S. economy have sent investors flocking back to the industry. After dropping by more than 33% in 2022, the tech-heavy Nasdaq Composite is up over 38% this yea
Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitabili
Wall Street futures tumbled on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world.
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said.
One of the primary reasons to own Microsoft's (NASDAQ: MSFT) stock over the past few years has been its cloud computing business. Cloud computing is a massive industry that has propelled Microsoft to new heights.However, Microsoft has long been silent on how much its Azure produc
Wall Street futures tumbled on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating sparked a flight to safety in global financial markets.
SentinelOne (NYSE: S) went public in June 2021 and has seen turbulent trading since its debut. While the cybersecurity company's share price initially rocketed higher, the stock is currently down roughly 61% from where it closed on the day of its initial public offering.
Advanced Micro Devices on Tuesday forecast a strong fourth quarter and expects to have artificial intelligence hardware that can challenge Nvidia chips by that quarter.
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said.
Amazon is set to report its second-quarter earnings this Thursday. Here's what investors need to know about the numbers that could move Amazon stock, and why.
Apple (NASDAQ: AAPL) is the most valuable company in the world with a market capitalization of just over $3 trillion. It reached this position thanks to the terrific demand for its iPhones, iPads, and MacBooks over the years. But the company now needs something new to power its n
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core S&P 500 ETF, which added 9,600,000 units, or a 1.3% increase week over week. Among the largest underlying components of IVV, in m
The S&P 500 and Nasdaq fell on Tuesday as investors assessed mixed earnings from pharma heavyweights and digested data that showed manufacturing activity slowed more than expected in July.