(Bloomberg) -- With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was fading, and said it was time to get over the likes of the Magnificent Seven.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire S...
Continue ReadingTechnology spending plans by Microsoft and Alphabet's Google boosted AI stocks on Friday, including Nvidia and Super Micro Computer...
Continue ReadingThe Nasdaq outshined the other major indexes on Friday as Big Tech stocks helped lift the tech-heavy index...
Continue ReadingThe enterprise software kingpin delivered another solid quarterly update...
Continue ReadingAlphabet shares surge after Google’s parent posts better-than-expected earnings and announces its first cash dividend, Microsoft posts 31% quarterly growth in Azure cloud-computing revenue, and Exxon Mobil’s earnings miss estimates...
Continue ReadingU.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. Investors cheered Alphabet's first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. Microsoft shares rose after its third-quarter revenue and profit exceeded Wall Street estimates, driven by gains from artificial intelligence (AI) adoption across its cloud services...
Continue ReadingThese AI-related stocks rebounded on the back of massive AI spending plans from big tech giants...
Continue ReadingEquity Markets Rise on Alphabet, Microsoft Rallies...
Continue ReadingMicrosoft's High Capital Spending Likely Supports Multiyear AI Cycle, RBC Says...
Continue ReadingU.S. stocks rose on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. Investors cheered Alphabet's first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. Microsoft shares rose 2.7% after its third-quarter revenue and profit exceeded Wall Street estimates, driven by gains from artificial intelligence (AI) adoption across its cloud services...
Continue Reading© 2026 Market News — All rights reserved