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Economy

Microsoft stock surges 3% after beating Q4 estimates

Microsoft exceeded Wall Street expectations for its fiscal fourth quarter as stronger-than-expected Azure cloud growth and rising adoption of its artificial intelligence products

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Economy

Qualcomm stock slips as memory crunch hits Q2 earnings

Qualcomm (QCOM) shares are inching lower in extended hours after the company reported fiscal Q3 results that reflected persistent semiconductor supply constraints. The

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Economy

Meta, BlackRock team up to develop $14B El Paso data centre

Meta Platforms and asset manager BlackRock announced on Tuesday a venture to develop and operate a data center campus in El Paso, Texas.

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Economy

Nasdaq falls as chip stocks slide ahead of Fed, Big Tech earnings

US stocks opened lower on Tuesday, with the Nasdaq underperforming as renewed weakness in semiconductor stocks overshadowed gains in consumer-focused companies. Investors remained

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Economy

Gold falls as strong dollar and higher yields cap bullion gains

Spot gold and silver prices moved lower ahead of the North American market open on Tuesday. A firmer US dollar, elevated Treasury yields

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Economy

Why SpaceX stock is tanking over 5% on Tuesday

SpaceX (SPCX) shares extended their decline on Tuesday as investors continued to weigh the prospect of a wave of insider share sales ahead

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Economy

SanDisk stock falls as Wyckoff theory flags a risky phase

SanDisk stock continued its strong retreat as investors continued selling memory shares. SNDK dropped to $1,204 in the premarket, reaching its lowest level

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Economy

Will earnings be the turning point for Microsoft stock?

Microsoft stock has retreated sharply in the past few months, moving from a record high of $556 in October last year to $390.

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Economy

Why are Intel, AMD stocks tumbling today?

Intel and AMD shares came under heavy selling pressure on Tuesday as investors reassessed the outlook for the semiconductor industry amid China’s rapid

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Gold

Gold falls as strong dollar and higher yields cap bullion gains

Spot gold and silver prices moved lower ahead of the North American market open on Tuesday. A firmer US dollar, elevated Treasury yields

Read More