Technology stocks were surging Wednesday, with the SPDR Technology Select Sector ETF (XLK) rising 3.2% while the Philadelphia Semiconductor Index was advancing 4.7% this afternoon.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Chipotle Mexican Grill Inc (Symbol: CMG), where a total of 4,997 contracts have traded so far, representing approximately 499,700 underlying shares. That amounts to abou
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Wednesday, with over 654,000 shares traded versus three month average volume of about 186,000. Shares of FCTR were up about 1% on the day.
Microsoft MSFT reported second-quarter fiscal 2022 earnings of $2.48 per share, which beat the Zacks Consensus Estimate by 8.3%. The bottom line surged 22% on a year-over-year basis.Revenues of $45.3 billion increased 20.1% year over year and surpassed the Zacks Consensus
What happened
Many growth stocks and speculative names in the electric vehicle (EV) sector have been pummeled as the Nasdaq Composite index ventured into correction territory to start this year. But investors are buying back in today, and speculative stocks in the EV sector like
Microsoft (NASDAQ: MSFT) is buying Activision Blizzard (NASDAQ: ATVI) in a deal valued at over $70 billion. The purchase isn't just delivering a bigger gaming catalog for the software titan, though.
Wall Street's main indexes climbed on Wednesday after two turbulent sessions and ahead of the outcome of a Federal Reserve policy meeting, with a stellar outlook from Microsoft boosting technology stocks.
Electronic Arts (NASDAQ: EA) is scheduled to report fiscal 2022 third-quarter earnings on Feb. 1. The video game developer is having great success as hit titles resonate with gamers worldwide.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Dividend Growth ETF (Symbol: DGRO) where we have detected an approximate $152.9 million dollar inflow -- that's a 0.7% increase week ov
Israeli spyware firm NSO Group said on Wednesday it is in talks with a number of U.S. funds over "various financial moves", confirming media reports that it was discussing a sale of its assets.
Stellar outlook from Microsoft put U.S. stock indexes on course for a stronger open on Wednesday after two sessions of turbulent trading and ahead of the outcome of a Federal Reserve policy meeting.
Investors were pleased to see the Nasdaq Composite (NASDAQINDEX: ^IXIC) finally appear ready to mount a sizable comeback on Wednesday morning. As of 8:15 a.m. ET, Nasdaq futures were up more than 2%.
Beginning to invest -- regardless of how much you start with -- is not only admirable, but it's becoming a necessity for a lot of people. When you begin investing, one of the best things you can do is take advantage of funds instead of trying to pick out individual companies.Of c
The NASDAQ 100 Pre-Market Indicator is up 333.07 to 14,482.19. The total Pre-Market volume is currently 24,371,873 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +3.9 at $57.15, with 3,131,506 shares traded. Th
Stock Market Futures On The Upswing Ahead Of Latest Fed Policy DecisionStock market futures are gaining as investors tune in to more earnings from big tech and growth names. More importantly, there is also the upcoming Federal Open Market Committee meeting taking center stage in
Tech giants like Meta Platforms (NASDAQ: FB) and Microsoft (NASDAQ: MSFT) have recently made some aggressive moves to secure their position in the developing metaverse. Meta, formerly known as Facebook, even went so far as to change its company name to reflect this new focus. Mic
It was a great 2021 for mergers and acquisitions (M&A) that were on hold amid the peak of coronavirus-led lockdowns. Global dealmaking hit a record high in 2021, toppling the $5-trillion-mark for the first time. The figure was up about 64% year over year, per Wall Str
The new year has started badly for many technology stocks. Investors are looking ahead to rumored aggressive interest rate hikes by the Federal Reserve in 2022, and selling off richly valued tech names whose growth could be stunted as borrowing costs rise.
Meta Platforms FB recently declared that its research team has developed a new artificial intelligence (AI) supercomputer, which is touted to be the fastest in the world once completed mid-2022.Meta’s new supercomputer dubbed as AI Research Super Cluster (RSC) will help l
U.S. stock index futures rallied on Wednesday ahead of the outcome of a Federal Reserve policy meeting, with rate hikes this year already priced in, while oil rose towards recent seven-year highs on tension between Russia and Ukraine.