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Rising AI & Falling Shares: Nvidia Facing New Export Restrictions
Friday, June 30, 2023 - 11:01am | 877Nvidia Corp.'s (NASDAQ: NVDA) meteoric year-to-date increase of 186.60% is largely due to the company's semiconductors that are behind the boom in artificial intelligence applications. But concerns about exactly those capabilities sent shares lower in recent days, as the U.S. Commerce...
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Mark Zuckerberg's Meta Moves To Disrupt Apple, Google App Store Monopoly
Thursday, June 29, 2023 - 10:18pm | 520Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook, reportedly intends to disrupt the app distribution landscape by taking on industry giants Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) through a strategic move involving Facebook ads. What Happened:...
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ChatGPT iOS Apple Teams Up With Bing: Free Users Stuck In 2021, Paid Subs Can Dive Into The Web
Tuesday, June 27, 2023 - 11:28pm | 977OpenAI's latest update to the chatGPT app on Apple Inc.'s (NASDAQ:AAPL) iOS introduces collaboration with Microsoft Corporation's (NASDAQ:MSFT) Bing, granting paid subscribers unparalleled access to real-time web information while leaving free users yearning for a taste of the future. What...
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Could 'Call Of Duty' Be Removed From The Playstation Catalog? Recent News Put The Partnership Between Microsoft And Sony In Check
Friday, November 11, 2022 - 12:09pm | 841By Enrique D. Fernandez "Call of Duty" has added a new brand to its line. The recently released "Modern Warfare II," the nineteenth installment in the Activision Blizzard Inc (NASDAQ: ATVI) saga, became the game that generated the most revenue in the first month since its...
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Mega-Cap Mania: Apple, Alphabet, Microsoft Earnings All Ahead After Close Today
Tuesday, July 27, 2021 - 10:12am | 2179The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Now’s when it starts to get really interesting. After the close today, investors can look forward to a tech triple-header as ...
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How Nuance May Alter The Healthcare And AI Playing Field Aas Microsoft Reports Q3 Results
Monday, April 26, 2021 - 10:52am | 1295In Microsoft’s (NASDAQ: MSFT) last earnings conference call with analysts, CEO Satya Nadella opened with an upbeat and sweeping salvo on cloud platform Azure’s role in the emerging “second wave” of global digital transformation. Despite all the fireworks, it...
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Big Earnings Week Ahead To Close April In Style
Monday, April 26, 2021 - 10:34am | 776Last week, the Dow Jones Industrial Average, S&P 500 and Nasdaq broke multiweek winning streaks with modest losses despite Friday's rally. This week's earnings will begin with Tesla (NASDAQ: TSLA) after Monday's closing. The last week of April will be a grand finale as a third...
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Unhappy Anniversary: A Year After Pandemic Collapse, Market Looks Ahead To Q1 Earnings
Tuesday, March 23, 2021 - 10:04am | 2384A year ago today marked the very bottom of the Covid selloff as the S&P 500 Index (SPX) plunged below 2200. That was down more than 35% from the all-time high just a month earlier, and things looked gloomy, to say the least. If anyone then had told you then that in a year we...
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Tech, Growth Stocks Under Pressure As Treasury Yields Rise
Friday, March 12, 2021 - 11:44am | 1836After some relative calm on the interest rate front, another jump in the 10-year Treasury yield seems to be pressuring stocks this morning, a day after major indices closed at record highs. With optimism on the vaccine and a newly inked stimulus package, investors appear to be selling safe-haven...
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Tug Of War Continues Between Growth And Value, With Lower Yields Boosting Tech Early
Thursday, March 11, 2021 - 10:48am | 2231A year ago today, the pandemic slammed home for millions of Americans as the professional basketball season got suspended with some games halfway through and others about to tip off. Covid ended up being sort of the ultimate Black Swan, or exceptional event, for the markets. It was something...
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More Pressure On Tech Sector To Start Day, With Apple, Microsoft Both Lower
Thursday, March 4, 2021 - 10:41am | 2386The “tug of war” between investors and the Fed continues, with the Tech sector taking the brunt of the blow. Major indices are in the red again this morning with the Nasdaq (COMP) on pace to post its third-straight losing week for the first time in about six months. Rising...
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Nvidia Becomes Latest Company To Beat Earnings Estimates But Get Punished
Thursday, February 25, 2021 - 10:59am | 2471Nothing can go up forever without stopping. It just seems that way right now in the Treasury market. The benchmark 10-year yield hit another milestone this morning when it reached 1.45%, a one-year high and about 55 basis points above where it started the year. This relentless surge upward could...
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Next Week Includes Earnings From Twitter, Coca-Cola, General Motors, Disney
Friday, February 5, 2021 - 10:57am | 2071With an incredible four-day winning streak and a fresh record high under its belt, can the S&P 500 Index (SPX) go five for five? If that’s going to happen, the market will have to overcome what looks at first glance like a slightly disappointing January jobs report. This week...
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Amazon, Alphabet Earnings Pack A Wallop, Helping Drive Early Market Strength
Wednesday, February 3, 2021 - 11:03am | 2408There’s a lot of talk about the return of “boring” in Washington, D.C. Maybe it’s happening on Wall Street, too, and many investors would likely welcome that after the wild January we just had. Robust earnings late Tuesday from Amazon.com, Inc. (NASDAQ: AMZN) and...
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Work Hard (From Home), Play Hard (From Home) - Microsoft Earnings To Feature Cloud And Gaming Tech
Monday, January 25, 2021 - 11:46am | 1721As the economy continues to get hammered by rising Covid cases and additional lockdowns, Microsoft Corporation’s (NASDAQ: MSFT) unique position—with one foot in the “new economy” and the other in the “old”—arguably becomes even more relevant. MSFT...