Technology stocks were edging higher late Monday, with the Technology Select Sector SPDR Fund (XLK) adding 0.2% while the Philadelphia Semiconductor Index was gaining 1%.
U.S. stocks ended higher on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors, while participants also weighed the likelihood of a pause in rate hikes from the Federal Reserve this week.
U.S. stocks were higher in afternoon trading on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system, while investors also weighed the likelihood of a pause in rate hikes from the Federal Reserve this week.
Looking at the sectors faring worst as of midday Monday, shares of Services companies are underperforming other sectors, higher by 0.7%. Within that group, Amazon.com Inc (Symbol: AMZN) and Advance Auto Parts Inc (Symbol: AAP) are two large stocks that are lagging, showing a l
To put it lightly, the technology sector is going through a rough patch at the moment. Tough economic conditions have slowed down companies' growth rates over the last 18 months, which means they've had to carefully manage costs. That, unfortunately, has led to mass layoffs acros
Technology stocks were slipping Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) marginally lower although the Philadelphia Semiconductor Index was gaining 0.5%.
The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit Suisse allayed fears about bank contagion risks, while investors weighed odds of the Federal Reserve pausing its rate hikes this week.
What happened
Shares of Microsoft (NASDAQ: MSFT) were sliding today, despite an analyst raising his price target for the tech stock and news that the company may be poised to launch a new mobile gaming service.
What happened
Amazon (NASDAQ: AMZN) shares are sliding on Monday morning, dipping as much as 3.3% below Friday's closing price. That may not sound like much, but this single-digit percentage drop is taking roughly $30 billion off the e-commerce and cloud computing titan's trillio
EU regulators are likely to open investigations into tax deals between EU countries and multinationals after reviewing their arrangements in the previous decade, the bloc's competition chief warned on Monday.
Amazon.com Inc said on Monday it would cut 9,000 jobs in its cloud services, advertising and Twitch units, the latest Big Tech company to announce a second round of layoffs in the face of a possible recession.
In this video, I will talk about the fast-growing drone industry, which industries will benefit from drone use, what the advantages and risks are, and which publicly traded companies are leading the charge and are worth investing in.
The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit Suisse helped calm some jitters around a bigger banking crisis, while investors weighed odds of the Federal Reserve pausing its rate hikes this week.
Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) have all announced recent AI updates as technology continues to advance at a fast pace. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo,
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