Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraPro QQQ, which added 41,650,000 units, or a 7.7% increase week over week. Among the largest underlying components of TQQQ, in morn
It has been difficult for Alibaba's (NYSE: BABA) investors over the last two years. The stock has lost more than 75% of its all-time-high market capitalization amid a series of challenges, including weaker financial performance and the threat of delisting. But for those still hol
It has been difficult for Alibaba's (NYSE: BABA) investors over the last two years. The stock has lost more than 75% of its all-time-high market capitalization amid a series of challenges, including weaker financial performance and the threat of delisting. But for those still hol
A rise in inflation and subsequent decrease in consumer spending have led to a startling stock market sell-off in 2022, with many companies hit hard by macroeconomic declines. Amazon (NASDAQ: AMZN) has been one of the hardest hit, with its share price down over 46% since January.
A rise in inflation and subsequent decrease in consumer spending have led to a startling stock market sell-off in 2022, with many companies hit hard by macroeconomic declines. Amazon (NASDAQ: AMZN) has been one of the hardest hit, with its share price down over 46% since January.
Like many tech stocks in 2022, Apple's (NASDAQ: AAPL) shares are down year to date with a loss of 22%. Rising inflation and interest rates have hurt consumer spending and other parts of the economy, leading to a stock market sell-off. The Nasdaq Composite index is down 32% so far
Technology stocks have suffered steep declines in 2022, as rising inflation has slowed consumer spending. However, Apple (NASDAQ: AAPL) has staved off the worst market declines, with its shares down 18% since January compared to the Nasdaq-100 Technology Sector index's plunge of
Microsoft faces a new antitrust complaint over its cloud computing practices as trade group CISPE, whose members include Amazon, took its grievance to European Union antitrust regulators on Wednesday.
Shares in Goertek Inc tumbled on Wednesday after the China-based supplier for companies such as Apple and Meta Platforms said an unidentified overseas client had asked it to suspend assembly work for a smart acoustic product.
Shares in Goertek Inc tumbled on Wednesday after the China-based supplier for companies such as Apple and Meta Platforms said an unidentified overseas client had asked it to suspend assembly work for a smart acoustic product.
Microsoft faces a new antitrust complaint over its cloud computing practices as trade group CISPE, whose members include Amazon, took its grievance to European Union antitrust regulators on Wednesday.
What happened
Technically speaking, Microsoft (NASDAQ: MSFT) had a positive Tuesday on the stock exchange. However, its share price only crawled 0.4% higher, lagging the nearly 0.6% rise of the S&P 500 index. The reason for the investor hesitation was a potential regulatory h
Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported.
Activision Blizzard’s ATVI Modern Warfare II, released on Oct 28, crossed a $1 billion sell-through within 10 days. This has set a record for being the fastest in franchise history.The new release that introduced deep multiplayer modes, maps, playlists, technical innovati
Microsoft may have to offer concessions to address EU antitrust concerns about its $69 billion bid for "Call of Duty" maker Activision Blizzard after regulators opened a full-scale investigation on Tuesday and warned about the impact of the deal.
EU antitrust regulators on Tuesday opened a full-scale investigation into Microsoft's $69 billion bid for "Call of Duty" maker Activision Blizzard, warning the deal may hurt competition.
Activision Blizzard ATVI delivered non-GAAP earnings of 68 cents per share for third-quarter 2022, down 23.6% year over year due to a slow year for the gaming industry so far. The industry has been dealing with hardware supply chain issues affecting consoles, inflation an
Today's video focuses on Microsoft (NASDAQ: MSFT), Meta Platforms (NASDAQ: META), Unity Software (NYSE: U), the Invesco PHLX Semiconductor ETF (NASDAQ: SOXQ), and why investors should keep a closer eye on these four stocks. The semiconductor market can be confusing, but the ETF d
Microsoft (NASDAQ: MSFT) and Texas Instruments (NASDAQ: TXN) are two tech firms that have been around for decades and successfully navigated several downturns. The important reason these companies keep going is their combination of industry leadership and financial strength.
The Vanguard Information Technology ETF (VGT) was launched on 01/26/2004, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.