Prominent U.S. fund managers piled into big-name technology stocks and bottom-fished in the beaten-down energy sector as markets reeled from the coronavirus-fueled selloff in the first quarter, regulatory filings released on Friday showed.
Shares of Advanced Micro Devices (NASDAQ: AMD) have been on fire lately. After initially falling with the broader market in March over the COVID-19 pandemic, the stock has rebounded strongly and doubled in value over the last year.
The coronavirus outbreak has driven the S&P 500 down 13% year to date. However, two top-quality stocks -- one tech and one retail -- have held up in the face of the coronavirus-induced sell-off.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Jason Moser about the latest earnings releases. There is a surprising new player in the e-commerce space. They discuss some April CPI figures and talk about some automobile, consumer apparel, live entert
Technology stocks turned higher this afternoon, with the SPDR Technology Select Sector ETF late Thursday rising 0.7% while the Philadelphia Semiconductor Index also was climbing 2.1%.
Technology stocks were narrowly mixed Thursday, with the SPDR Technology Select Sector ETF declining fractionally and the Philadelphia Semiconductor Index up less than 0.1%.
Microsoft (NASDAQ: MSFT) is moving to expand its cloud communications portfolio. The tech giant announced today that it has signed a definitive agreement to acquire cloud communications specialist Metaswitch for an undisclosed amount.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Ecolab Inc (Symbol: ECL), where a total volume of 8,473 contracts has been traded thus far today, a contract volume which is representative of approximately 847
Microsoft (NASDAQ: MSFT) and Oracle (NYSE: ORCL) are both resilient tech stocks that rebounded from ugly market downturns over the past three decades. But over the past five years, Microsoft's stock nearly quadrupled and crushed Oracle's 20% gain.
As Fed Chair Jay Powell reminded us yesterday, the damage done to the U.S. economy over the last couple of months is huge and threatens to be long-lasting, even if the result of the lifting of restrictions is smoother than expected.