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US Stocks | Buyback plans aren't enough to soothe investors after software-sector routU.S. software firms are boosting stock buybacks amid a significant market downturn, but experts doubt this will halt the selling. Investors...- Tech leaders ramp up AI spending, but Alphabet's cash flow wins investor favourAlphabet, Microsoft, and Meta plan to boost spending on chips and data centres, but investors favoured Alphabet due to its strong cash flow...
- IBM's slowing cloud growth eclipses upbeat third-quarter resultsSlower growth in IBM's cloud segment, housed within its software unit, raised alarm bells across investors betting heavily on Big Blue's ab...
- Microsoft's AI edge under scrutiny as OpenAI turns to rivals for cloud servicesExclusive licensing deals and access to OpenAI's cutting-edge models have made Microsoft one of the biggest winners of the generative AI bo...
- S&P 500 ends barely changed; Nvidia shares up after the bellThe S&P 500 remained nearly unchanged on Wednesday, with Nvidia's positive revenue forecast potentially influencing AI sector investments. ...
- Amazon joins Google, Microsoft in cloud weakness, shares slideThe results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were struggling to ...
- Amazon joins Google, Microsoft in cloud weakness, shares slide 3%Amazon shares fell 3.72% to $229.95 following disappointing cloud revenue growth. The company's cloud unit reported a 19% revenue rise, mis...
- US stocks dip with UnitedHealth, tech, ahead of jobs reportU.S. stocks closed lower Thursday, dragged down by UnitedHealth's sharp decline after its CEO's murder and tech shares easing. Investors aw...
- Wall Street zeroes in on semiconductors after turbulent weekBecause semiconductors are key components in a broad array of products, chipmakers and related equipment companies are closely followed for...
- Wall St Week Ahead: Wall Street zeroes in on semiconductors after turbulent weekU.S. semiconductor stocks are under close scrutiny after mixed reports from international tech leaders triggered market volatility. Upcomin...
- Microsoft sinks, chipmakers climb as AI rally faces divideMicrosoft reported slower growth in its cloud business, leading to a $340 billion market value loss for itself and other tech giants like A...
- Chips aren't down: $240 billion rally great, but is it good enough?The world's most valuable chipmaker is expected to clear a high hurdle with its post-market release Tuesday just as it did in the previous ...
- Why is Alphabet’s $118 billion cash pile posing a new problem for the tech giant?Generally, investors aren’t fond of companies sitting on large amounts of cash and expect the money to be invested for better returns or gi...
- Nvidia's results spark nearly $300 billion rally in AI stocksChipmaker Nvidia is ramping up production of its artificial intelligence (AI) chips to match strong demand, sending its stock up by 28% in ...
- Nvidia's results spark nearly $300 billion rally in AI stocksNvidia forecast quarterly revenue more than 50% above Wall Street estimates, with Chief Executive Officer Jensen Huang saying in a statemen...
- Apple's holiday quarter may face pressure from inflation, weak China demandAnalysts expect iPhone sales to rise 11% in the fiscal fourth quarter ended September, according to Refinitiv, thanks to consumers upgradin...
- Dow Jones posts closing record high for 2nd day, boosted by banksThe S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.
- Apple within a whisker of $3 trillion m-capThe stock needs to reach $182.86 to record $3 trillion in market value. It rose about 11% last week, extending gains for the year as invest...
- Investors turn to growth stocks' results after strong earnings startEstimated year-over-year first-quarter earnings growth for S&P 500 companies rose to 31% from 25% in the past week, based on Refinitiv data...
- Wall Street strategists see market back-pedaling by year-endThe S&P 500 will end 2020 at 3,300 points, down over 4 per cent from current levels, according to the median forecast of about 55 market st...
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