Investors need more patience for the euphoria about artificial intelligence to lift the stocks of software makers.
The only thing that matters to Alphabet Inc. investors is whether it can get artificial intelligence right.
Warnings that the tech-fueled stock rally had gone too far had been ringing out for weeks. And for weeks, equity bulls pushed the likes of Nvidia Corp. higher, confident that artificial intelligence growth and an on-hold Federal Reserve would help justify nosebleed valuations.
Nvidia Corp.’s stock has rallied so much this year that it’s now threatening to overtake Amazon.com Inc. to become the fourth most valuable US company.
Layoffs are being mentioned on US earnings calls at the highest rate since the pandemic — and as Meta Platforms Inc. shows, such cost-cutting can pay off for investors.
If 2023 was all about the Magnificent Seven on Wall Street, this year is poised to usher in a broader array of winners.
Alphabet Inc. just got a reminder of how important the perception of having a winning AI strategy is for investors.
The fate of the S&P 500 is increasingly resting on whether a handful of the biggest technology companies can parlay artificial intelligence investments into even higher profits.
Wall Street’s so-called Magnificent Seven has been living up to its name again, but none more so than Microsoft Corp.
Amazon.com Inc.’s run as one of the best stocks this year will likely come down to the performance of a single business line: cloud computing.
A drumbeat of bad news for Apple Inc. is casting doubt on the argument that the world’s most valuable company is immune to risks related to economic turbulence.
The Fed-induced selloff in technology stocks has traders dusting off their turmoil playbooks. Trouble is, one of the most popular strategies isn’t working: hiding out in Apple Inc.
Investors that missed out on this year’s dizzying rally in Nvidia Corp. have an attractive entry point this month.
Apple Inc. is by far the world’s largest company, but the trend toward artificial intelligence is poised to upend the power rankings on Wall Street, according to Needham.
For months, megacap tech shares powered US stocks to dizzying gains. The market’s engine is now starting to sputter.
Results from Apple Inc. and Amazon.com Inc. after Thursday’s close represent the next big hurdle for the market’s tech-fueled rally, and it may be the hardest to clear.
Bets that artificial intelligence will revolutionize Corporate America and deliver riches to the biggest companies behind it will get a test Tuesday, as Microsoft Corp. and Alphabet Inc. report their first earnings since AI fever broke out.
Few stocks have better embodied Wall Street’s frenzy around artificial intelligence lately than Palantir Technologies Inc.
Nvidia Corp. is poised to become the world’s first chipmaker with a $1 trillion market capitalization, joining an exclusive club of American companies with a valuation that high.
In 2017, Netflix Inc. tweeted that “love is sharing a password.” In 2023, Wall Street loves that the company has changed its tune.
This year’s surge in technology stocks has been especially pronounced in the riskiest corners of the market, suggesting to some skeptics the potential for a swift reversal.
Traders piling back into tech stocks just got a sobering signal that they might have gotten ahead of themselves.
While tech investors have plenty of issues to worry about as the sector heads into a key week for corporate earnings, one notable headwind from last year has eased in recent months: the dollar.
Meta Platforms Inc. is expected to be the top-performing megacap internet stock this year, according to a JPMorgan survey of investors, suggesting a rebound for the Facebook parent after its worst year on record.
Tens of thousands of tech sector job cuts may not be enough to reverse the collapse in share prices, given the looming economic downturn could slash companies’ revenues far more than the cost savings they make via layoffs.
Relieved to have turned the page on the worst year for stocks in more than a decade, investors are finding that pricey share valuations and shrinking earnings still stand in the way of any swift bounceback for Big Tech.
Apple Inc. shares touched their lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns over iPhone supply in the key holiday period.
A year after the Nasdaq 100 Index last closed at an all-time high, there’s no sign the index is heading back to those heights any time soon.
Wall Street has given up on the hope that technology companies will report higher earnings next year, potentially setting up their shares to at least stabilize if not stage a short-term rally now that the third quarter reporting period is winding down.
Inflation cooled in October by more than what was forecast, suggesting that one of the biggest headwinds facing tech could be easing.
Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock recovering from a historic selloff.
Investors are facing a make-or-break week for some of Wall Street’s most influential tech stocks in a historic year for the group marked by a plunge into bear market territory.
E-commerce stocks have struggled this year, and plenty of investors are doubtful the holiday shopping season will provide a catalyst to turn things around.
Shares of semiconductor companies fell Monday, with the industry selling off globally after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concern that the industry’s downturn is far from over.
Investors hoping that third quarter earnings will be strong enough to reverse this year’s steady selloff in technology stocks should brace for the prospect of weak company outlooks causing further pain.
Even as the Federal Reserve jacks up interest rates and sends technology stocks tumbling, it only gets harder to stay away from the sector.
The second half of August has been bruising for technology stocks, but those hoping for a respite from the declines shouldn’t relax just yet: September is just around the corner.
Apple Inc. is close to erasing its losses for the year as softer-than-expected inflation data fueled a risk-on rally in the stock market Wednesday.
The fast-growing software companies that took a pounding in this year’s technology stock selloff suddenly are stars of the market, and earnings are a big reason why.
Earnings reports from the biggest technology companies show that the group is navigating the tough economic environment better than smaller rivals, fueling a rebound in stock prices and encouraging investors about the outlook for the second half.
In a world of sputtering growth for technology companies, some investors are gravitating toward Microsoft Corp. as the closest thing to a safe bet.
Battered in the June selloff that sent American equities into a bear market, chipmaker stocks are staging a stunning rebound this month.
It’s getting complicated for investors in semiconductor stocks, with last year’s big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.
Skeptics have long made a sport of predicting that the decade-long rally in technology stocks was destined to reverse. At the halfway point of 2022, it seems like this is the year when they will be proven right.
For years, investors valued Facebook’s parent company as if its growth would never falter. Now that it has, fund managers who buy cheap, out-of-favor stocks are finally getting a chance to own shares of Meta Platforms Inc.
The world’s biggest technology stocks are crumbling on Monday as broad markets enter into bear market territory amid fears the Federal Reserve will send the US economy into recession.
The drubbing global technology stocks have seen this year may be far from over.
Two ETFs tracking the sector have outperformed the market.
