The market’s contrasting reactions to Q1 results from four of the ‘Big 5 Tech Players’ – Amazon AMZN, Alphabet GOOGL, Meta META & Microsoft MSFT – provides us a window into what market participants see as essential for these stocks to maintain their recent price momen
U.S. stock indexes advanced on Friday after strong earnings updates from Exxon and Intel offset worries over Amazon's slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week.
As recently as February, generative AI did not feature prominently in EU lawmakers' plans for regulating generative artificial intelligence (AI) technologies such as ChatGPT.
U.S. stock indexes advanced on Friday after strong earnings updates from Exxon and Intel offset worries over Amazon's slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week.
U.S. stock indexes rose steadily on Friday after strong earnings updates from Exxon and Intel offset worries over Amazon's slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week.
What happened
Amazon (NASDAQ: AMZN) reported first-quarter results Thursday night and the stock is now dropping in response. After dipping by as much as 5% in morning trading, Amazon stock was still lower by 3.4% as of 2 p.m. ET.
Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the Philadelphia Semiconductor index advancing 1.2%.
Earnings season has delivered plenty of surprises so far, with Consumer Staples titans utilizing their pricing power and big tech injecting positive sentiment into the market.
This week, the VettaFi Voices gather around the water cooler and talk smart beta and equal weight ETFs. With the Invesco S&P 500® Equal Weight ETF (RSP) recently seeing its 20th birthday, how can investors use smart beta ETFs to their advantage? What is their outlook for the rest of the year, and what types [...]
Read more at ETFtrends.com.
U.S. stock indexes gained on Friday after strong earnings updates from Exxon and Intel dwarfed worries over Amazon's slowdown warning, while economic data bolstered expectations that the Federal Reserve would hike interest rates next week.
The ChatGPT chatbot was reactivated in Italy after its maker OpenAI addressed issues raised by Italy's data protection authority, the agency and the company confirmed on Friday.
Britain's Competition and Markets Authority (CMA) on Wednesday blocked Microsoft's $69 billion acquisition of 'Call of Duty' maker Activision Blizzard over concerns it would hinder cloud gaming.
Microsoft's (NASDAQ: MSFT) stock was already on the rise in 2023 (up 17%) when it reported earnings for the fiscal third quarter of 2023 (ended March 31) on April 25. After the report's release, its stock shot another 8% higher as investors celebrated its results amid what has be
U.S. stock indexes edged higher on Friday after strong earnings updates from Exxon and Intel mitigated the impact of Amazon's slowdown warning, while economic data bolstered expectations that the Federal Reserve would hike interest rates next week.
Shocking news dropped this week in the gaming world when the United Kingdom's Competition and Markets Authority said it is blocking Microsoft's (NASDAQ: MSFT) proposed $75 billion acquisition of Activision Blizzard (NASDAQ: ATVI). Wall Street was blindsided by the news, and inves
Growth in Amazon.com Inc's lucrative cloud business is slowing and investors are worried. Shares fell 4% on Friday as Amazon's cloud business slowed in April after posting its weakest quarterly growth since the company began breaking out the unit's sales in 2015.
Explore the impact of big tech's capital expenditure (capex) plans on the semiconductor market as Meta Platforms (NASDAQ: META), Google (NASDAQ: GOOGL) (NASDAQ: GOOG), and Microsoft (NASDAQ: MSFT) invest in AI infrastructure. Check out the short video to learn what semiconductor