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What happened Shares of cloud-based software companies Datadog (NASDAQ: DDOG), MongoDB (NASDAQ: MDB), and CrowdStrike (NASDAQ: CRWD) were sinking this morning, down 7.3%, 4.1%, and 5.6%, respectively, as of 11:20 a.m. ET.

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 Total U.S. Stock Market ETF (Symbol: ITOT) where we have detected an approximate $392.1 million dollar outflow -- that's a 1.0%

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 45,750,000 units were destroyed, or a 7.9% decrease week over week. Among the largest underlying components

Pre-market futures are sinking into the red this morning, as it appears we’ve finally hit a snag in earnings season in the manner of Microsoft’s (MSFT) fiscal Q2 results, which went from +4% after the release to -3% this morning. Investors have had some time to digest the

Canada's main stock index fell on Wednesday after the Bank of Canada raised its overnight lending rate as expected but signaled a pause in its hiking cycle and added economic growth would stall through the middle of the year.

Wall Street's main indexes dropped on Wednesday, with the Nasdaq down 2% as Microsoft's outlook weighed down technology stocks, while a bleak quarterly report from Boeing added to fears of a recession.

TD SYNNEX SNX recently revealed that it has partnered with San-Francisco-based Domino Data Lab to aid enterprises in more than 100 countries scale data science fast and easy. Per the agreement, SNX partners and clients will leverage Domino's enterprise MLOps platform and

Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned its customers were cautious about spending in a turbulent economy.

Wednesday, January 25th, 2023Pre-market futures are sinking into the red this morning, as it appears we’ve finally hit a snag in earnings season in the manner of Microsoft’s MSFT fiscal Q2 results, which went from +4% after the release to -3% this morning. Investors have

In early trading on Wednesday, shares of Verizon Communications topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.2%. Year to date, Verizon Communications registers a 3.8% gain. And the worst performing Dow component thus far o

In today's video, Jose Najarro and Nick Rossolillo discuss Microsoft (NASDAQ: MSFT) and how the company has made numerous investments in the past few weeks. Microsoft recently announced an investment in OpenAI and purchased a semiconductor start-up. Nick and Jose agree that all t

U.S. Treasury yields were down in morning trade on Wednesday, reflecting concerns about an economic slowdown ahead of the Federal Reserve's interest rate-setting meeting next week.

Microsoft MSFT reported second-quarter fiscal 2023 earnings of $2.32 per share, which beat the Zacks Consensus Estimate by 2.2% but declined 6.5% on a year-over-year basis.Revenues of $52.7 billion increased 2% year over year but missed the Zacks Consensus Estimate by 0.3

Wall Street's main indexes were set to open lower on Wednesday as downbeat quarterly updates from Microsoft and Boeing added to fears of a recession.

Artificial Intelligence, also known as AI, describes the technology that uses computers to mimic human knowledge and learning. While AI has been a well-known buzzword for years, the rollout of ChatGPT has catapulted it to the mainstream. ChatGPT (stands for Generative Pre

Technology stocks were retreating premarket Wednesday. The Technology Select Sector SPDR Fund (XLK) and the iShares Semiconductor ETF (SOXX) were each recently slipping past 1%.

January has been great for the Nasdaq Composite (NASDAQINDEX: ^IXIC), as the index has mounted a solid recovery to claw back some of its lost ground from 2022. However, investors can't expect the Nasdaq to rise every day, and stock index futures suggested that Wednesday might be

Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned its customers were cautious about spending in a turbulent economy.

European Union antitrust enforcers are planning to open an antitrust probe into Microsoft Corp's video and messaging service, Teams, Politico reported on Wednesday, citing four people familiar with the matter.

World stocks paused near five-month highs on Wednesday, as signs that central banks might need to keep hiking interest rates for longer dampened a recent wave of optimism that aggressive monetary tightening by big central banks was almost done.