Tech companies heavily relying on Chinese manufacturing might face tough times if Donald Trump's trade policies intensify. With Trump's reelection, U. S. -China trade tensions could escalate, potentially hurting businesses with significant exposure to Chinese suppliers. Trump proposed universal tariffs of up to 20% on all imports and a whopping 60% on Chinese goods d...
In the blink of an eye after the election results were out, the stock market jumped up. The Dow Jones Industrial Average was up by more than 3 percent, and the Nasdaq Composite and S&P 500 weren't far behind, rising by nearly 2 percent. Crypto In the crypto world, things got really exciting. The price of dogecoin, a favorite among tech titans like Elon Musk, who ca...
Thursday was a rough day for tech investors as stocks related to AI took a nosedive. The culprits? Microsoft and Meta, two giants in the tech world, both signaled that they'll need to spend big on AI in the future. This news didn't sit well with investors, who had been hoping for more growth. Microsoft admitted it can't keep up with the demand for AI data centers. T...
Investors are looking ahead to a big week in tech earnings. Stocks like Alphabet, Apple, and Amazon are already at record highs, and experts expect more growth. AI spending by these companies is also a hot topic. While AI might not show immediate results, it's seen as a long-term positive for the market. Beyond tech, the upcoming election is a major focus for investo...
Meet Eric Beiley, a wise investment strategist who recently shared his thoughts on the stock market with Quartz. He highlighted that tech giants like Apple and Amazon are thriving and likely to continue doing so. When asked about artificial intelligence (AI), Beiley acknowledged it as a significant trend that's here for the long haul. The upcoming elections have inve...
This week, the tech giants of the S&P 500 Index are gearing up to report their third-quarter earnings. Companies like Apple, Nvidia, Microsoft, Alphabet, and Amazon are facing a new reality: slower profit growth. While they are still projected to see an average increase of 19%, this is lower than past quarters, with the slowest growth in six. This change is making th...
In the world of finance, a common assumption is that technology stocks thrive in an environment of low interest rates. This notion is rooted in the idea that tech companies often promise future profits in exchange for present-day funding, making them more attractive to investors when returns are low elsewhere. However, the past two years have defied this narrative, w...
Larry Ellison, the 80-year-old co-founder, chairman, and chief technology officer of Oracle, has been partying like it's 1999. Despite fellow legacy tech giants Intel and Cisco struggling to adapt to the AI-driven world, Oracle has emerged as the belle of the Wall Street ball. The company's cloud businesses are driving its success, and its shares have gained double-d...