Category: Tech
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Tech Stocks Sink as War Jitters Fuel Rush to Bonds: Markets Wrap
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(Bloomberg) — Stock markets were hammered by a broad selloff in the world’s biggest technology companies ahead of key central bank decisions. Bonds and gold rose as traders rushed to safe havens amid geopolitical risks. Oil remained lower. Most Read from Bloomberg The Israeli military struck Beirut, targeting a Hezbollah…
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US stock futures rise with Fed, big tech earnings in focus By Investing.com
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U.S. stock index futures rose in overnight trading on Sunday as focus shifted to the Federal Reserve’s upcoming meeting for further signals on interest rate cuts. Also in focus was a string of second-quarter earnings from Wall Street heavyweights such as Apple Inc and Microsoft Corp, which are due in…
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How This Week’s Big Tech Earnings Could Affect the Broader Market
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Amazon, Apple, Meta, Microsoft to release quarterly results this week The post How This Week’s Big Tech Earnings Could Affect the Broader Market first appeared on Investorempires.com.
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Spooked U.S. stock market faces tech earnings minefield, Fed meeting By Reuters
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By David Randall NEW YORK (Reuters) – Nervous investors are bracing for earnings from the market’s biggest technology companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the immediate path for U.S. stocks after a bout of intense turmoil. A months-long rally…
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Tech surge leads the market: Spotlight on today’s top performers and laggards
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Stock Heat Map from FinViz.com Friday, July 26, 2024 13:46:06 GMT Market Overview Today’s session in the stock market showed a clear duality, with the technology sector seeing a notable rise, led primarily by semiconductor giants and a mixed bag of other sectors, reflecting the divergent investor sentiment and sector…
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Tech Giants’ Earnings Disappoint. Wall Street Ends Deep Red
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U.S. stocks fell on Wednesday, led by a selloff in technology stocks after disappointing earnings reports from Alphabet Inc., the parent company of Google, and electric carmaker Tesla Inc. The weak start to the earnings season for major companies raised concerns about the recent surge in stock prices driven by…
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JPMorganChase CEO Jamie Dimon meets Israeli tech leaders
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During his visit to Israel this week, Jamie Dimon, CEO of JPMorgan Chase, the largest bank in the United States, met for lunch with Israeli tech leaders. The meal was held at the home of businessman Eyal Waldman, who founded Mellanox, which was sold to Nvidia for $7 billion. The…
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US stock futures rise as tech rout pauses; PCE data awaited By Investing.com
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U.S. stock index futures rose in overnight trading on Thursday as heavyweight technology stocks appeared to pare back painful losses from recent sessions, with focus shifting to key upcoming inflation data. Stock futures rose after Wall Street had another mostly negative session following some big, disappointing gains in the technology…
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Nasdaq sees biggest drop in 2 years as tech earnings spark selloff
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Real supportIndependent Press Find out moreClose Our mission is to provide unbiased, fact-based reporting that holds power to account and exposes the truth. Whether it’s $5 or $50, every contribution counts. Support us to provide journalism without an agenda. Major stocks fell sharply on Wednesday after several companies reported disappointing…
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Big Tech earnings wont be make or break for the stock market: Morning Brief
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This is what I took away from today’s morning briefing, which you can subscription To be delivered to your inbox every morning with: Tesla (TSLA) and Alphabet (GOOGL) kicked off Tuesday’s big tech earnings season with mixed results. Both were down in after-hours trading. But for all the concern about…
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Asian stocks drop as tech tracks weak US earnings; China remains on backfoot By Investing.com
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Most Asian stocks fell on Wednesday, weighed down by renewed losses in the technology sector as major corporate earnings in the United States fell overnight, while sentiment toward China also showed little sign of improvement. Regional stocks received weak support from Wall Street, especially as U.S. stock index futures fell…
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S&P500 closes lower as big tech set to get earnings underway By Investing.com
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U.S. stocks rose slightly on Tuesday, but gains remained in check amid cautious trading ahead of quarterly earnings from major technology companies. At 14:59 ET (18:59 GMT), the S&P 500 was up 58 points, or 0.2%, while the FTSE 100 was up 0.1% and the S&P 500 was up 0.2%.…
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Deutsche Bank expect further losses still to come for large cap tech stocks
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Via CNBC, here are Deutsche Bank’s thoughts on the additional losses that still lie ahead for large-cap tech stocks: The shift from big tech to small cap companies that has occurred will be more than just a short-term glitch. The market still has a lot of optimism in mind about…
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‘Epic’ tech selloff will continue unless mega cap Tech lifts revenue guidance: GS By Investing.com
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The massive momentum reversal in favor of small-cap stocks at the expense of large-cap stocks is likely to continue, according to strategists at Goldman Sachs. Last week, small-cap companies posted a historic weekly performance versus large-cap companies, attributed to several factors, including slowing inflation and expectations that the Federal Reserve…
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Investors count on earning to calm $900 billion US tech rout By Reuters
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By Louis Krauskopf NEW YORK (Reuters) – With earnings season in full swing, bullish investors are hoping strong corporate results will halt a slide in technology stocks that has slowed U.S. stocks this year. The S&P 500 technology sector has fallen about 6% in just over a week, losing about…
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S&P 500, Nasdaq post sharpest weekly losses since April amid tech rout
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U.S. stocks fell on Friday as more details emerged about a global IT outage and major averages failed to recover from a selloff that saw the Dow Jones snap a winning streak. The S&P 500 (^GSPC) fell 0.7%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.8%. Both the Nasdaq and…
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S&P 500, Nasdaq post sharpest weekly losses since April amid tech rout
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U.S. stocks fell on Friday as more details emerged about a global IT outage and major averages failed to recover from a selloff that saw the Dow Jones snap a winning streak. The S&P 500 (^GSPC) fell 0.7%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.8%. Both the Nasdaq and…
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US stock futures rise as tech rout pauses; major earnings awaited By Investing.com
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U.S. stock index futures were slightly higher in overnight trading on Thursday as a broad rotation into heavy technology stocks appeared to ease ahead of a string of key earnings from the sector next week. But sentiment remained fragile after disappointing earnings from Netflix (NASDAQ:), while uncertainty over U.S. politics…
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Nasdaq digs out of tech rout as TSMC shines
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Technology stocks were poised for a small rebound on Thursday from the Nasdaq’s worst day since 2022, as positive results from TSMC (TSM) helped ease concerns about the AI trade ahead of Netflix (NFLX) earnings. The tech-heavy Nasdaq Composite (^IXIC) rose about 0.7%, while the S&P 500 (^GSPC) gained about…