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The Cloud Giants Are Slowing Down

3 years 8 months ago
Four of the biggest purchasers of servers in North America are Meta Platforms (NASDAQ: META), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN). These cloud giants and their rapid growth have been a major source of demand for companies th

Markets Close Well into the Green; AMD, SNAP Report Q4

3 years 8 months ago
Market indices swung to the positive ahead of today’s opening bell, and hit the close at session highs. We were led by the small-cap Russell 2000 on the session, which grew +2.45% and maintained a lead over the other top indices all day. The Dow gained +356 points, +1.06%

Will Lower Ad Revenues Hurt Meta Platforms' (META) Q4 Earnings?

3 years 8 months ago
Meta Platforms’ META fourth-quarter 2022 results, set to be reported on Feb 1, are expected to reflect the impacts of weak advertising revenues.The Zacks Consensus Estimate for fourth-quarter advertising is pegged at $30.32 billion, down 7.1% year over year. Our estimate

Better Tech Stock in 2023: Apple vs. AMD

3 years 8 months ago
Tech stocks have been on the rise since Jan. 1, beginning to recover from the steep declines they suffered in 2022. Investors have rallied around Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD), with both companies' shares up more than 10% in the new year.

Where Will Intel Stock Be In 1 Year?

3 years 8 months ago
Intel's (NASDAQ: INTC) stock dropped 6% on Jan. 27 in response to its dismal fourth-quarter earnings report. The chipmaker's adjusted revenue declined 28% year over year to $14.0 billion, which missed analysts' estimates by $490 million. Its adjusted earnings plunged 92% to $0.10

Company News for Jan 31, 2023

3 years 8 months ago
Shares of Ford Motor Company F declined 2.9% after announcing price-cuts to its electric Mustang Mach-E crossover.Shares of Advanced Micro Devices, Inc. AMD fell 3.9% on the broader tech slump.Devon Energy Corporation’s DVN shares plunged 4.5% as global oil prices fell.Sh
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