Microsoft (NASDAQ: MSFT) — reported strong third-quarter fiscal 2024 results, beating earnings and revenue estimates. driven by strong demand for cloud and artificial intelligence offerings.
This article discusses the recent earnings reports of Microsoft, Intel, and IBM in the information technology sector.
Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that ...
On a day when tech stocks tumbled as measured by the Technology Select Sector SPDR ETF (NYSE: XLK), Newmont Corp. (NYSE: NEM) ...
The American investor and fund manager also said to stick to value stocks, but to avoid tech (XLK) stocks for now.
U.S. stocks ended mixed on Wednesday in choppy trading as interest rate fears and a rise in Treasury yields weighed on the enthusiasm surrounding earnings from a spate of big companies. The S&P 500 ...
Technology stocks are broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has ...
Prominent tech stocks have fallen victim to macroeconomic and geopolitical pressures leading up to the first-quarter ...
Big Tech drove the market action, with Nvidia (NVDA) falling almost 4% and Meta (META) sliding over 1%. The tech sector (XLK) ...
TMTG stock closed at $32.59 per share Friday, rallying late in the day to close up 0.6% — but it’s down 50.7% from its peak closing price of $66.22 per share on March 27, the day after it ...
3 min read 12 Apr 2024, 11:06 AM IST Trade Now However, in 2024 year-to-date (YTD), the stock has surged over 67 percent, giving positive returns in 2 of the 4 months so far. The stock has not ...
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