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November has been NO-vember when it comes to tech stocks. Investors are shunning artificial-intelligence leaders and other momentum names. Investors seem to be embracing drug stocks, insurers, and medical equipment companies again...
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Apple is the IBD Stock Of The Day as the consumer electronics giant prepares for a busy holiday shopping season...
Continue ReadingYahoo Finance's John Hyland examines the top headlines on Wall Street as part of Yahoo Finance's Market Minute, including EV maker Tesla (TSLA) being sued over a fatal crash in Washington state in 2023, and Amazon's (AMZN) layoffs largely affecting its engineering positions. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...
Continue ReadingA number of the major hedge funds and big money managers, including the Bill & Melinda Gates Foundation, which axed its Microsoft (NASDAQ:MSFT) stake by nearly 65%, were big net sellers of big tech in the third quarter. And while there were buyers of big tech companies, including the likes of Warren Buffett’s Berkshire Hathaway ... The Big Hedge Funds Were Selling Big Tech—Time to Take Profits?...
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The nation’s biggest economic engine—artificial intelligence—is linked to one of its biggest economic anxieties—rising electricity prices. AI data centers use so much electricity that they’re causing prices to rise for nearby communities. Nowhere was that tension more evident this week than at a meeting on data centers by PJM, the nation’s largest electricity grid operator...
Continue ReadingParamount Skydance Corp., Netflix Inc. and Comcast Corp. have all made offers for all or part of the New York-based entertainment giant. While similar regulatory concerns hang over all three bids, each also faces unique issues. Which partner Warner Bros. picks will impact the regulatory process...
Continue ReadingEli Lilly became the first healthcare company to enter into the $1 trillion market-cap club on Friday...
Continue ReadingUS equities notched record gains in October amid the artificial intelligence-led bull run, interest rate cuts and easing trade tensions between Washington and Beijing. The S&P 500 hit the 6,900 mark on an intraday basis for the first time on Oct. 28, while the Dow Jones Industrial Average logged its sixth straight monthly advance for the first time since 2018. However, some analysts believe these stock market gains are masking the troubles of US consumers, who continue to face rising prices and...
Continue ReadingTech Titans Tumble: AI Boom Shows Cracks Despite Strong Earnings...
Continue ReadingBroadcom, Qualcomm, Apple Show Interest in Intel But Analysts Doubt Impact...
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