Alphabet GOOGL, the parent company of Google, is one of the most innovative and dominant businesses in the world. The company has evolved from a single major business, search, into multiple major streams of revenue including Google Cloud services and YouTube.
Wall Street turned lower on Wednesday as a string of corporate earnings ran the gamut from downbeat to dismal, reviving worries over an economic downturn.
Artificial intelligence, or AI, is rapidly becoming one of the most exciting and promising areas of technology. As a retail investor, you may be wondering how you can get in on the action and invest in companies that are at the forefront of this rapidly-evolving field. In this ar
Wall Street benchmarks dropped on Wednesday as a decline in technology stocks after Microsoft's downbeat forecast and a bleak quarterly report from Boeing fanned fears of a recession.
Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will escape a recession in 2023, as hopes of a so-called Goldilocks scenario of easing inflation and resilient growth propels stocks higher.
What happened
Shares of Canadian pot giant Aurora Cannabis (NASDAQ: ACB) are under pressure Wednesday morning. Specifically, the pot company's stock was down by a noteworthy 5.4% on elevated volume as of 10:45 a.m. ET Wednesday.
A gauge of global equity markets slid from five-month highs and Treasury yields rose on Wednesday as corporate results fueled recession fears, overshadowing recent optimism that the Federal Reserve could soon back off aggressive monetary tightening.
What happened
The gut-wrenching roller-coaster ride that began last year continued for investors today, with a broad cross-section of stocks losing ground. The economy was a big question mark going into earnings season, and investors have been waiting to see if technology compani
What happened
Shares of cloud-based software companies Datadog (NASDAQ: DDOG), MongoDB (NASDAQ: MDB), and CrowdStrike (NASDAQ: CRWD) were sinking this morning, down 7.3%, 4.1%, and 5.6%, respectively, as of 11:20 a.m. ET.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Total U.S. Stock Market ETF (Symbol: ITOT) where we have detected an approximate $392.1 million dollar outflow -- that's a 1.0%
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 45,750,000 units were destroyed, or a 7.9% decrease week over week. Among the largest underlying components
Pre-market futures are sinking into the red this morning, as it appears we’ve finally hit a snag in earnings season in the manner of Microsoft’s (MSFT) fiscal Q2 results, which went from +4% after the release to -3% this morning. Investors have had some time to digest the
Canada's main stock index fell on Wednesday after the Bank of Canada raised its overnight lending rate as expected but signaled a pause in its hiking cycle and added economic growth would stall through the middle of the year.
Wall Street's main indexes dropped on Wednesday, with the Nasdaq down 2% as Microsoft's outlook weighed down technology stocks, while a bleak quarterly report from Boeing added to fears of a recession.
TD SYNNEX SNX recently revealed that it has partnered with San-Francisco-based Domino Data Lab to aid enterprises in more than 100 countries scale data science fast and easy. Per the agreement, SNX partners and clients will leverage Domino's enterprise MLOps platform and
Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned its customers were cautious about spending in a turbulent economy.
Wednesday, January 25th, 2023Pre-market futures are sinking into the red this morning, as it appears we’ve finally hit a snag in earnings season in the manner of Microsoft’s MSFT fiscal Q2 results, which went from +4% after the release to -3% this morning. Investors have
In early trading on Wednesday, shares of Verizon Communications topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.2%. Year to date, Verizon Communications registers a 3.8% gain.
And the worst performing Dow component thus far o
In today's video, Jose Najarro and Nick Rossolillo discuss Microsoft (NASDAQ: MSFT) and how the company has made numerous investments in the past few weeks. Microsoft recently announced an investment in OpenAI and purchased a semiconductor start-up. Nick and Jose agree that all t
U.S. Treasury yields were down in morning trade on Wednesday, reflecting concerns about an economic slowdown ahead of the Federal Reserve's interest rate-setting meeting next week.