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Since 2021, spending on streaming services has climbed 70% and the share of households paying over $100 a month has more than doubled...
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Wall Street was set for a muted open on Friday after a rally in the previous session driven by an inflation reading that strengthened bets of interest rate cuts by June this year and a persistent artificial-intelligence mania. The tech-heavy Nasdaq closed at a record high on Thursday, spurred by gains in AI-linked stocks such as heavyweight chip designer Nvidia and its rival Advanced Micro Devices, which hit an all-time peak...
Continue ReadingThe number of bulls outnumbers their bearish counterparts by the widest margin since late 2021. What could go wrong?...
Continue Reading(Bloomberg) -- The only thing that matters to Alphabet Inc. investors is whether it can get artificial intelligence right.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownFed’s Preferred Inflation Metric Increases by Most in a YearThat was the message delivered this week as the company’s shares tumbled following news that Google’s flagshi...
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Continue ReadingReddit's fate on the public markets may depend on whether it can hang with the tech giants that dominate digital advertising...
Continue ReadingTesla is having a good start to the year in what looks like a tough Chinese automotive marketplace. The company sold 54,908 all-battery electric vehicles in February, down 39% year over year. BYD also sells plug-in hybrid vehicles...
Continue ReadingNVIDIA, Super Micro Computer, Vertiv Holdings, Alphabet and Microsoft are part of the Zacks Market Edge blog...
Continue ReadingIf you're worried big-cap tech stocks are in a bubble, don't be. That's the message from legendary hedge fund manager Ray Dalio...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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