Chip designer Nvidia Corp beat expectations for
third-quarter revenue on Wednesday, thanks to sustained demand
in its data center business on the back of rising cloud
adoption.
Technology stocks extended their Wednesday declines in afternoon trading with the SPDR Technology Select Sector ETF (XLK) falling 1.4% while the Philadelphia Semiconductor Index was plunging 4.3%.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Microsoft Corporation (Symbol: MSFT), where a total volume of 241,746 contracts has been traded thus far today, a contract volume which is representative of app
What happened
Shares of semiconductor maker Nvidia (NASDAQ: NVDA) were dropping today ahead of the fiscal 2023 third-quarter earnings it will report after the closing bell on Wednesday. Nvidia shares fell nearly 5% earlier in the day, and were still lower by 3.4% as of 2:41 p.m.
Technology stocks were declining Wednesday afternoon, with the SPDR Technology Select Sector ETF (XLK) falling 0.9% and the Philadelphia Semiconductor Index plunging 3.6% this afternoon.
Amazon.com Inc is laying off employees in its devices and services units, America's second largest private employer informed its staff on Wednesday following recent reports that it would cut around 10,000 jobs.
Sometimes, bold contrarian calls can be more bold than profitable, but when an active manager gets it right, the results can really pay off. One such success story lies with the FCF US Quality ETF (TTAC). Step back to 2021, the days when the bull market seemed like it could run forever, and the tech giants [...]
Read more at ETFtrends.com.
Today's video focuses on Nvidia (NASDAQ: NVDA) and bullish news affecting this semiconductor giant. The most recent development is that Microsoft (NASDAQ: MSFT) and Nvidia recently announced a multiyear collaboration involving tens of thousands of Nvidia GPUs and other networking
Oracle ORCL Cerner recently announced a partnership with Labcorp to manage hospital laboratories in 10 states, including Kansas.Up to 80% of all diagnostic decisions are informed by lab test results. Cerner’s holistic suite of laboratory solutions supports complex needs a
With the stock market sell-off in 2022, it's become increasingly important to invest in reliable companies that can provide consistent growth for the long term. Moreover, if fears of a recession in 2023 prove to be valid, it will be crucial to hold on to stocks throughout potenti
Stock market sell-offs open up significant opportunities for long-term investors as many stocks are sold off just because of their short-term outlook. As a result, patient investors can scoop up many of the world's greatest businesses at a discount right now, as long as they have
U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a “massive” computer to handle intense artificial intelligence computing work in the cloud.
The videogame industry, which saw sales reaching record highs during the peak of the pandemic, has so far struggled in 2022. Sales started slowing with the economic reopening and the decline in sales continued in all the first three quarters of this year. However, things
There's a lot of uncertainty right now, both in the stock market and the greater economy. Nobody truly knows what the rest of 2022 and 2023 have in store, but the best thing investors can do is to overprepare instead of remain underprepared.
Microsoft will provide Lockheed Martin with its first classified cloud as part of a three-year deal, executives said on Wednesday, making it easier for the United States' largest weapons maker to share information with the Pentagon, its top customer.
Investing in the stock market can be daunting during periods of volatility, but it's a fantastic time to buy as we head into 2023.Stock prices are down across the board, which means now is your chance to load up on quality investments for a fraction of the price. Once the market
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Vanguard Growth ETF (VUG), a passively managed exchange traded fund launched on 01/26/2004.
Economic uncertainty sent the Nasdaq Composite spiraling into a bear market this year, and many excellent growth stocks fell sharply during the stock market meltdown. For instance, Microsoft (NASDAQ: MSFT) and MercadoLibre (NASDAQ: MELI) saw their share prices plunge 28.2% and 24
SAP (NYSE:SAP), a market leader in enterprise application software and also one of the biggest analytics and business intelligence companies, has seen its stock rise by close to 29% over the past month (about 21 trading days). While the broader technology indices have fared well
Computing giant Microsoft (NASDAQ: MSFT) recently reported earnings for the fiscal first quarter of 2023, or the period ending Sept. 30, 2022. There was a lot to unpack from this report. Consumer demand in the personal computer sector has been weak for the last several quarters,