Tech

Stock Futures Point Sharply Lower; Palantir Leads Tech Share Declines

Stock Futures Point Sharply Lower; Palantir Leads Tech Share Declines

Stock futures pointed sharply lower Tuesday, with shares of Palantir Technologies leading declines even though the AI software firm reported strong quarterly results.  Futures associated with the tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average were down 1.3%, 1%, and 0.6%, respectively, a day after the indexes closed mixed. Palantir Technologies (PLTR) shares sank nearly 8% […]

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Here’s What We Learned From Big Tech Earnings Last Week

Here's What We Learned From Big Tech Earnings Last Week

Key Takeaways Several cloud providers forecast their capital expenditures would continue to grow—possibly at an even faster rate—next year as they build the data centers required to train and run AI models. AI features have unexpectedly boosted business units that, just a couple of years ago, Wall Street thought might be disrupted by the technology.

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AMD, Palantir, Pharmaceutical and Tech Earnings; Private-Sector Employment Report

AMD, Palantir, Pharmaceutical and Tech Earnings; Private-Sector Employment Report

Tech firms will likely command the spotlight during this week’s earnings calendar, though pharmaceuticals and gig economy providers are also likely to be in focus. Artificial intelligence demand will be top of mind for market watchers when chipmakers Advanced Micro Devices, Qualcomm, and Arm Holdings, as well as software provider Palantir, report earnings this week.

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Daily Digest: Cyber reinsurers rethink appetite, Alternative capital grapples with tech, Aviation market in transition :: Insurance Day

ID Daily Digest Tuesday

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Business Is Booming for Many Tech Giants. They’re Laying Workers Off Anyway.

Business Is Booming for Many Tech Giants. They're Laying Workers Off Anyway.

Key Takeaways Booming AI demand this week sent Oracle’s stock to a record high not long after reports that the computing giant laid off hundreds of workers.  Several other tech giants like Microsoft and Amazon have recently cut jobs to lower costs while spending billions on AI expansion. Amazon CEO Andy Jassy has told employees

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Dow Slips as Nasdaq Hits New Record High; Telsa Leads Tech Stock Higher

Dow Slips as Nasdaq Hits New Record High; Telsa Leads Tech Stock Higher

Tesla’s Rising Stock Is Moving Toward Break-Even for 2025 12 minutes ago Tesla’s stock is on the rise. Shares of the electric vehicle maker, up 10% this month through Thursday’s close—and up another 6% so far today—are on a roll. Though it’s been bumpy, Tesla (TSLA) stock has climbed off year-to-date lows around $222, seen

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Stock Indexes on Track for Record Closing Highs; Apple Stock Slips After Tech Giant Unveils New iPhone 17 Models

Stock Indexes on Track for Record Closing Highs; Apple Stock Slips After Tech Giant Unveils New iPhone 17 Models

Strategy Misses S&P 500 Inclusion This Month: Will It Ever Make the Cut? 46 minutes ago Bitcoin true believers were dealt a blow on Friday when Strategy (MSTR), the world’s largest corporate holder of Bitcoin, was passed over for inclusion in the S&P 500.  Last week, the internet buzzed with speculation that Michael Saylor’s pioneering

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Big Tech Names Rise Above Broad Weakness: Stock Market Today

stock market mixed lower green bull red bear

A couple of big names in the communication services and technology sectors kept two of the three main U.S. equity indexes above water for much of Wednesday’s trading session. But price action for the broader market was more ambiguous, with another set of incoming data showing a weakening employment situation ahead of an increasingly fraught

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