The initial public offering (IPO) market of 2021 bounced back to levels not seen since the dot-com boom. According to financial markets platform Dealogic, more than a thousand companies went public, raising roughly $316 billion in the process.
The three main benchmarks closed higher on Monday at the end of a volatile month for Wall Street, with the gains helping the tech-heavy Nasdaq narrowly avoid its worst ever start to the year.
Shares of Sony (NYSE: SONY) continue to fall in the wake of Microsoft's (NASDAQ: MSFT) plans to buy Activision Blizzard (NASDAQ: ATVI), causing some to question the future of Sony's PlayStation. Tim Beyers analyzes the shifting landscape in entertainment, including Alphabet's (NA
The three main benchmarks all traded higher on Monday at the end of a volatile month for Wall Street, with the tech-heavy Nasdaq flirting with its worst ever start to the year as investors dodged richly valued stocks with aggressive rate hikes on deck.
Sony Interactive Entertainment will acquire videogame developer Bungie Inc in a deal valued at $3.6 billion, the companies said on Monday, making this the third deal this month in a fast consolidating gaming sector.
Advanced Micro Devices’ AMD fourth-quarter 2021 results, to be reported on Feb 1, are expected to have benefited from the ongoing momentum in EPYC processors and semi-custom products’ sales.However, higher investments by AMD on product development and platform, in order t
Sony's (NYSE: SONY) stock closed at $133.75 a share, its highest price in more than two decades, on Jan. 5. The record-setting results of the film Spider-Man: No Way Home, robust demand for the PlayStation 5, and the inflation-driven rotation toward higher-quality blue-chip stock
The tech-heavy Nasdaq rose nearly 2% on Monday, but was still on track for its worst ever start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.
The tech-heavy Nasdaq rose 1% on Monday, but was still on track for its worst start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.
The larger tech stocks were testing resistance levels last week before they bounced back. And since these stocks are heavily represented in the major indexes, this was reflected in them. Small and mid-cap stocks continued to slide for the week although they too climbed hi
U.S. shares were set to open lower on Monday, with the tech-heavy Nasdaq on track for its worst start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.
Wall Street gained sharply on Friday buoyed by a rebound in technology sector. Solid earnings results of some technology behemoth restored investors’ confidence on risky assets like equities despite weak economic data. All three major stock indexes ended in positive terri
Pinterest's (NYSE: PINS) stock hit an all-time high of $89.90 last February during the Reddit-fueled rally in meme and growth stocks. However, the stock subsequently plummeted about 70% as concerns about its decelerating user growth in a post-lockdown market spooked the bulls.
Are These Top Tech Stocks Worth Watching Now?While 2022 may not be the best year for tech stocks so far, tech companies across the board continue to perform this earnings season. As such, investors may not want to dismiss this part of the stock market just yet. After all, as we o
Nvidia (NASDAQ: NVDA) has become one of the most desired chip stocks selling today. Its graphics processing units (GPUs) power not only video gaming but also numerous applications driving popular tech sectors such as artificial intelligence and the metaverse.
Nasdaq 100 futures rose on Monday, with the tech-heavy index on track for the worst month since 2008 as investors shied away from stocks with lofty valuations amid aggressive rate hike expectations, mixed earnings and geopolitical tensions.
After kicking off 2022 with two mega acquisitions, the video gaming sector is racing to a new record of $150 billion in deals, financing and IPOs this year, according to investment banking firm Drake Star Partners.
For Immediate ReleaseChicago, IL – January 31, 2022 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Microsoft MSFT, Apple AAPL, Meta Platforms FB, Alphabet GOOGL and Amazon AMZN.
British gambling firm Entain Plc said on Monday it planned to develop products for the metaverse with an investment of up to 100 million pounds ($134 million) in a new innovation centre.
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