Earnings reports this week from five of the so-called Magnificent Seven stocks are putting a renewed focus on risks from the group’s outsize weighting in the S&P 500, while their collective strength continues pushing U.S. equities to record highs.
Japan's Nikkei share average was set for its best January in 26 years, despite a decline for the benchmark index on Wednesday as chip-sector shares tracked overnight losses in U.S. peers.
Microsoft (MSFT) reported $62.02 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 17.6%. EPS of $2.93 for the same period compares to $2.32 a year ago.
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
In this video, I will talk about the two tech giants Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT), their recent earnings reports, and why Alphabet's stock is down and Microsoft's is flat.
Market performance today was less than stellar, but nothing worth worrying too much about: the S&P 500 was flat all day following yesterday’s close notching its sixth all-time high so far this year, -0.06%. The Dow actually ga
Microsoft (MSFT) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.32 per share a year ago. These figures are adjusted for non-recurring i
On the simplest level investors classify stocks as either large cap mid cap or small cap. The cap is what we call market capitalization or the total value of the company. The big cap stocks tend to be front and center of the news
The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of high profile corporate earnings and the Federal Reserve convened for its monetary policy meeting.
The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of high profile corporate earnings and the Federal Reserve convened for its monetary policy meeting.
The Dow added triple digits today for a fourth-straight win and record close. On the flip side, the S&P 500 and Nasdaq were muted or lower, the former eking out a loss and the latter shedding triple digits. As investors pored over the latest batch of earnings reports a
(RTTNews) - Microsoft Corporation (MSFT) revealed earnings for its second quarter that increased from the same period last year and beat the Street estimates.
Google-parent Alphabet's fourth-quarter advertising revenue fell below Wall Street expectations on Tuesday, as high interest rates pressure marketing budgets, sending its shares down 4% in extended trading.
Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.
Microsoft Corp beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.
Google-parent Alphabet's fourth-quarter revenue exceeded Wall Street expectations on Tuesday, as advertising spending rose and demand for cloud services grew from companies attracted by its artificial intelligence tools.
Major U.S. business groups sued California on Tuesday seeking to overturn the state's new sweeping climate disclosure laws that require companies to publicly report their greenhouse gas emissions and climate-related financial risks.
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