MELBOURNE (Reuters Breakingviews) - Get ready to hear rafts of executives blame “drought”, “flood” and “natural disaster” for poor earnings in the next few months. On some levels, that’s understandable:
Snowflake (NYSE: SNOW) has taken investors on a wild ride since its IPO in September 2020. The cloud-based data warehousing company went public at $120 per share, then more than doubled on its first trade to $245. It attracted so much attention for two reasons: It was growing lik
Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple's bread and butter has historically been its mobile hard
U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&P 500 posting losses for the week after four straight weeks of gains.
U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&P 500 posting losses for the week after four straight weeks of gains.
U.S. stocks were sharply lower on Friday thanks to a fall in megacap stocks and rising U.S. bond yields, putting the S&P 500 and Nasdaq on track to snap a four-week winning streak.
The S&P 500 has rallied about 10% over the past month as declining gas prices and signs of supply chain improvements have suggested that brighter days are ahead. However, the benchmark index remains down about 10% year to date -- and rising interest rates could still trigger
What happened
Shareholders of Nvidia (NASDAQ: NVDA) lost ground to the market on Friday as the stock fell 4% by 11 a.m. ET compared to a 1% drop in the S&P 500. That move added to significant short-term losses in the computing chip specialist. Shares are down nearly 40% so fa
Snap Inc. SNAP is shutting down the production of Pixy, a drone-powered camera that can record videos and photos for sharing on Snapchat, just four months after its launch, per a Wall Street Journal report.Snap, which calls itself a camera company on its website, has been
Since the first Xbox console launched in 2001, Microsoft (NASDAQ: MSFT) has sold fewer units in every console battle than Sony's (NYSE: SONY) PlayStation, but the tide may be turning.
What is ESG? It stands for environmental, social, and governance, and it's a broad framework that helps companies track their impact beyond financial results. Organizations are typically shareholder-focused, but they face increasing pressure to operate for all stakeholders, inclu
Today, I provide my top 5 cloud stocks to buy for long-term growth investors. These stock picks are ranked by highest conviction. One of my favorite stocks on the list is Datadog (NASDAQ: DDOG). Datadog provides monitoring and analytics tools that give IT teams insights from any