The S&P 500 and Nasdaq dropped on Friday, heading for another weekly decline after hotter-than-expected U.S. producer prices data pushed Treasury yields higher and sank rate-sensitive megacap growth stocks, which weighed on the benchmark indexes.
Tech stocks were lower Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the Philadelphia Semiconductor index falling 2.3%.
Artificial Intelligence, commonly referred to as AI, is the game-changing technology behind machines that can think, learn, and make decisions similarly to humans. It’s the force behind innovations like self-driving cars, chatbots, and recommendation systems on our favorite
What happened
Innodata (NASDAQ: INOD) stock is soaring today following the publication of the company's second-quarter earnings results. The data services company's share price was up 22.1% at 11:30 a.m. ET according to data from S&P Global Market Intelligence.
The S&P 500 and Nasdaq fell on Friday as rate-sensitive megacap growth stocks declined after hotter-than-expected producer prices data for July sent U.S. bond yields higher.
This earnings season, several stocks plummeted 20% or more after earnings. I recently posted an article to Zacks.com about averting such disasters. With that said, earnings season is behind us, and the stock market is pulling back
This earnings season, several stocks plummeted 20% or more after earnings. I recently posted an article to Zacks.com about averting such disasters. With that said, earnings season is behind us, and the stock market is pulling back
After cutting thousands of jobs and reducing some operating costs, Alphabet (GOOGL ) generated nearly $29 billion of cash in the second quarter. That left the company with cash and short-term marketable securities of about $118 billion, more than any other company in the Nasdaq 100 Stock Index ($IUXX )...
Electronic Arts EA has revealed the upcoming global launch of EA SPORTS FC MOBILE on Sep 26. This release will bring a heightened sense of immersion to The World’s Game on mobile devices through user-friendly gameplay controls. Fo
In early trading on Friday, shares of UnitedHealth Group topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.7%. Year to date, UnitedHealth Group has lost about 4.4% of its value.
It is now one month since the first few calendar Q2 earnings hit the wire and, with the exception of the major big box retailers and a few others, most of the interesting and significant reports are now behind us.
A U.S. cyber safety body will review issues relating to cloud-based identity and authentication infrastructure that will include an assessment of a recent Microsoft breach that led to the theft of emails from U.S. government agencies, the Department of Homeland Security (DHS) said on Friday.
The technology sector, which has been the top-performing sector this year, has seen a minor decline this week. The Invesco QQQ Trust (NASDAQ: QQQ) has retreated by 1.38% this week. Although the ETF's value is still comfortably above its steadily increasing 200-day SMA, it dipped
Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitabili
The WisdomTree U.S. Total Dividend ETF (DTD) was launched on 06/16/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.
If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the iShares S&P 100 ETF (OEF), a passively managed exchange traded fund launched on 10/23/2000.
What a difference a year makes. In December, Wall Street ended its worst year since the Great Recession of 2008. Eight months later, the economic clouds have dissipated. All three of the major market indexes have rebounded more than 20% since their recent lows, with some market w
Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears that have led employers such as Microsoft and Google to curb its use.