Daniel Ives

SoundHound AI Inc (NASDAQ:SOUN) shares tanked in early trading on Friday, despite the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald On SoundHound AI Analyst Brett Knoblauch upgraded the...

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) draws mixed reactions from analysts over its partnerships and focus on profitability after reporting second-quarter financial results. The Rivian Analysts: Needham analyst Chris Pierce reiterated a Buy rating and lowered the price target...

The stock market is on track to gap-open sharply lower on Monday as negative sentiment seen in the final two sessions of last week has carried over into the new week. The index futures were all sharply lower, with the Nasdaq 100 down over 4% and volatility has spiked, with the CBOE Volatility Index...

Editor’s Note: This story has been updated to correct a data error regarding S&P 500 Equal-Weighted’s performance. It has been a “Black Monday” for the global stock markets as stocks across Asia fell, led by the Japanese market, and the index futures trading suggests a...

The tech space took a tumble in the week ended Aug. 2, with the Technology Select Sector SPDR Fund (NYSE:XLK) declining more than 5% and underperforming the S&P 500 Index – a measure of broader market performance. Here’s a summary of what dragged the sector this week and a...

Shares of Apple, Inc. (NASDAQ:AAPL) fell modestly in premarket trading on Friday, and this assumes importance because all of its Magnificent 7 peers are staring down the barrel. On Thursday, after the market closed, Apple announced that its fiscal year 2024 third-quarter revenue and earnings per...

Apple, Inc. (NASDAQ:AAPL) shares turned higher late in Thursday’s after-hours session after being down in reaction to the quarterly report. Despite some sore spots such as the China weakness, analysts and market watchers were positive about the third-quarter performance and the forward...

Tech giant Apple, Inc. (NASDAQ:AAPL) is scheduled to announce its fiscal year 2024 third-quarter results after the market closes on Thursday. Investors have resiliently held onto the stock amid the company’s soft patch, precipitated by slowing global economic growth that tempers the demand...

Microsoft Corp. (NASDAQ:MSFT) shares fell late Tuesday after the software giant’s cloud revenue missed forecasts and forward guidance came in shy of estimates of some analysts. Market watchers and analysts apparently weren’t overly concerned by what was perceived as sore spot by...

Last week was a bumpy ride for tech stocks as earnings from Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) and Tesla, Inc. (NASDAQ:TSLA) set off a major sell-off that sent chills down investors’ spines. Big Tech should calm any remaining jitters this week as other top players in the sector show...

The earnings reports of last week were a mixed bag, with some Tesla, Inc. (NASDAQ:TSLA), Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and STMicroelectronics N.V. (NYSE:STM), among companies disappointing to the downside. As the focus shifts to the unfolding week, more tech companies are lined up to...

Cloud security company Wiz, which was rumored to be in a $23 billion deal to be bought by Google parent Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), has reportedly walked away and has instead chosen to take the initial public offering route. A bullish tech analyst on Tuesday commented on the...

Palantir Technologies Inc. (NYSE:PLTR) shares rose moderately in Thursday’s premarket trading, reversing some of the 1.57% decline seen in the previous session. The rebound came amid a general improvement in risk sentiment toward tech stocks after Wednesday’s drubbing. Wedbush analyst...

As Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly near a historic $23-billion acquisition of cloud security startup Wiz Inc, the move is being touted as a strategic “poker move” that could set the stage for a seismic shift in the Big Tech M&A landscape....

Reports of a potential delay in Tesla, Inc.’s (NASDAQ:TSLA) robotaxi unveil punctured the shares on Thursday. Several analysts addressed the ramifications of such an eventuality. Johnson’s Take: Tesla bear Gordon Johnson of GLJ Research sensed a far more severe issue than a two-month...