Nvidia and the Magnificent 7
Nvidia's exceptional earnings marked the conclusion of another notable reporting season for the "Magnificent 7" tech stocks, highlighting their significant influence over this year's remarkable&n...
IPO Bound
Rubrik Inc., a cloud and data security startup backed by Microsoft, is preparing for an IPO on the New York Stock Exchange under the ticker RBRK, highlighting its expanding role in the tech industry.
Financial Hig...
The Altman Affair
Microsoft's new AI initiative includes OpenAI leaders Sam Altman and Greg Brockman. Emmett Shear, the new CEO of ChatGPT's creator, pledges to address tensions following Altman's de...
US stock market
US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%.
However, at the end of trading, the Dow Jon...
Google's chatbot
Google has unveiled a new artificial intelligence (AI)-based chatbot, Bard, amid the growing popularity of Microsoft's ChatGPT AI-based chatbot. This was reported by CNN on Monday.
As noted b...
DELL staffing
Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday.
According to its data, the company's staff will ...
Staffing at major tech companies
Amazon, Meta, Alphabet and Microsoft will collectively spend more than $10bn due to massive layoffs and other austerity measures. The Financial Times reported this on Friday, citing earnings reports.
It said the com...
Stock market on Friday
US stock indices are moving weak and mixed in early trading on Friday as investors assess US labour market data.
The number of jobs in the United States economy increased by 223,000 in December, the slowest pace since Decembe...
Tesla shares
Downside investors have made $15bn since the start of the year on Tesla's plunge, according to MarketWatch.
New research shows that downside sellers have made $15 billion this year by betting that Tesla stock will fall as about $800 bi...
Competition in the digital advertising market
Alphabet and Meta have lost their edge in the digital advertising market due to growing competition from Amazon, TikTok, Microsoft and Apple. The Fi...
Company stocks on Monday
The US stock market rose steadily on Monday. Thus, the Dow Jones Industrial Average was up 414.01 points (1.33%) at 31496.57 points by 2:55 p.m. East Time on Monday.
The Standard and Poor's 500 rose 36.70 points (0.98%) to ...
Trading on Monday
The US stock market rallied strongly in early trading on Monday following the release of quarterly reports from Wall Street's biggest banks.
The Dow Jones Industrial Average had added 5...
Trading Starts
The U.S. stock indices at the beginning of trading on Monday are moving without uniform dynamics, Dow Jones is in a weak plus.
Thus, the Standard Poor's 500 Index was down 0.3 percent at 3,627.63 points by 10:58 a.m. ET.
The Nasdaq ...
Friday trading
The U.S. stock market ended Friday's trading with a decline amid negative dynamics from the sectors of technology, consumer services and consumer goods.
By the closing time on the New York Stock Exc...
Meta and Apple
In a recent speech to his staff, Mark Zuckerberg described Apple as Meta's main rival in the meta-universe race. The announcement appeared on The Verge's website. Zuckerberg believes that whoever win...
Tuesday trading
US stock indices closed mostly negative, a day before the Fed's expected 75 basis point rate hike. The Dow-30 and S&P500 fell for the fifth straight day, the longest streak since January.
At the close on the New York Stock Excha...
Company shares in yesterday's trading
The US stock market ended Wednesday's trading lower amid negative dynamics from the technology, consumer services and consumer goods sectors.
The Dow Jones was down 1.02% at the close&n...
Trading on Monday
The US stock market ended Monday's trading upwards on the back of a strengthening of the technology, oil and gas and telecoms sectors.
At the close on the New York Stock Exchange, the Dow Jones was up 0.26%, the S&P 500 was up...
Corporate earnings and economic data
This week will be packed with new corporate earnings data and key housing and consumer spending data.
However, on the New York Stock Exchange on Friday the Dow Jones fell 2.82% to a one-month low, the S&P 50...
Top companies in the world
Meta's capitalisation fell to $565bn at the end of yesterday's trading, putting it in 11th place.
Meta (formerly Facebook) has dropped out of the world's top 10 companies by market capitalisation, according to Bloomberg c...
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