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TECHNOLOGY
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213.03
+4.69 (+2.25%)
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Updated: 8:00 PM EDT, May 15, 2024
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S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally
May 15, 2024
The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.
Via
Benzinga
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday?
May 15, 2024
The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April,...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Wall Street Trades Flat On Mixed Producer Inflation; Meme Stocks See Wild Ride, Bitcoin Drops: What's Driving Markets Tuesday?
May 14, 2024
Wall Street is experiencing a subdued trading session, with all major indices showing minimal movement around midday in New York.
Via
Benzinga
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Microsoft Faces Heightened EU Scrutiny Over Teams Software: Report
May 13, 2024
Brussels gears up to confront Microsoft's dominance in videoconferencing with fresh antitrust charges over Teams. Despite recent proposals, EU regulators remain unconvinced, fearing market manipulation...
Via
Benzinga
Microsoft's €4B French AI Push: Tech Expansion Reportedly Intensifies
May 13, 2024
Join Microsoft as it spearheads France's AI revolution with a €4 billion commitment, part of a global push to fortify cloud and AI infrastructure. Bolstered by local support and Macron's vision, this...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
The Short-Term Uptrend Has Continued
May 11, 2024
The short-term uptrend has continued. The PMO index has risen nicely off its lows, showing that most stocks have transitioned to momentum buys over the last 7 or 8 trading sessions.
Via
Talk Markets
The Correction Is Over As Stocks Bounce Back
May 11, 2024
Notably, the breakout above key resistance and the reversal of the volatility index suggest that the recent correction is over. But there is a decent probability of another correction before November.
Via
Talk Markets
The Important Message From Not-So-Widely Followed Charts
May 11, 2024
In this week's video, we'll demonstrate why there's an important message in a small group of not-so-widely followed charts.
Via
Talk Markets
Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday?
May 10, 2024
A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Microsoft Challenges Apple And Google with Web-Based Gaming Store: Report
May 10, 2024
Microsoft disrupts the mobile gaming market with a new web store reportedly set to launch in July, offering an alternative to Apple and Google. Featuring discounts on in-game items, the browser-based...
Via
Benzinga
Mind Those “Defensive” Equities
May 09, 2024
In the first quarter of 2024, Canadian business insolvencies climbed 87.2% higher than the same quarter last year.
Via
Talk Markets
Utilities Notch 7th Straight Session Of Gains: 'Potential Derivative Play To The AI Boom'
May 09, 2024
Utilities sector outperforming S&P 500 since beginning of year, gaining attention for potential as derivative play to AI boom.
Via
Benzinga
Topics
Artificial Intelligence
Stocks
Exposures
Artificial Intelligence
US Equities
Stocks Rebound As Rising Jobless Claims Sustain Rate-Cut Hopes, Dollar Falls, Gold Rallies: What's Driving Markets Thursday?
May 09, 2024
Wall Street is seeing a day of gains as all major indices traded in the green around noon in New York, driven by a surprising uptick in unemployment claims prompting speculation over Federal Reserve...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Apple's Unionized Maryland Store On Brink Of Strike Amid Union Talks: Report
May 09, 2024
Apple Retail Store Workers in Towson, MD, Vote on Strike Amid Negotiations: Unionized employees at Apple Inc.'s Towson store gear up for a crucial vote this Saturday, potentially authorizing a strike....
Via
Benzinga
The 3 Best Tech Stocks in May 2024
May 08, 2024
The tech industry has been booming lately, providing investors with very impressive returns over this past year.
Via
InvestorPlace
Apple Reverses Sales Decline in China with Impressive March Shipment Growth
May 08, 2024
Apple's Chinese iPhone shipments rose 12% in March thanks to price cuts. This signals a rebound from previous declines and potential for market recovery.
Via
Benzinga
Microsoft Introduces Isolated AI For US Intelligence To Analyze Secret Data: Report
May 07, 2024
Microsoft pioneers a groundbreaking move by introducing an isolated generative AI model exclusively accessible to U.S. intelligence agencies. This offline GPT4-based system, functioning in an...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Hims & Hers Health Stock Could Become a Wealth Compounder
May 07, 2024
Hims & Hers stock could give investors the best of both stability and double-digit upside through EPS projections and price targets, especially after 1Q24
Via
MarketBeat
Topics
Economy
Exposures
Economy
Microsoft Takes On Google And OpenAI With New AI Model: Report
May 06, 2024
Microsoft (NASDAQ:MSFT) ventures into the AI landscape, ready to challenge Google (NASDAQ:GOOGL) and OpenAI with MAI-1, a formidable new language model led by ex-Google DeepMind co-founder Mustafa...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
3 Magnificent Technology ETFs to Buy With $10,000 and Hold Forever
May 05, 2024
Growth investors shouldn't let these three tech ETFs fall by the wayside.
Via
The Motley Fool
Topics
ETFs
Short-Term Uptrend Began In A Choppy Market
May 04, 2024
It looks like a short-term uptrend began this week, and this means that I will be deploying some of my available cash and adding to positions cautiously. I say cautiously because it has been such a...
Via
Talk Markets
Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?
May 06, 2024
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively...
Via
Benzinga
Are New Highs Coming In The Stock Market?
May 04, 2024
In this week's video, we'll review the latest charts and data to help us answer the question, are new highs coming in the stock market?
Via
Talk Markets
ETFs To Buy On Apple's Q2 Earnings Beat, Largest-Ever Buyback
May 03, 2024
Bolstered by the increased dividend and stock repurchase commitment, Apple shares recently jumped as much as 8%. Investors seeking to tap the strength should consider ETFs having the largest allocation...
Via
Talk Markets
Topics
ETFs
Earnings
Exposures
Financial
Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What's Driving Markets Friday?
May 03, 2024
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.
Via
Benzinga
Microsoft Shakes Up Cybersecurity: Executive Pay Now Tied to Anti-Hacking Milestones
May 03, 2024
Microsoft prioritizes security with new anti-hacking initiatives, adding cybersecurity leaders and linking executive compensation to milestones.
Via
Benzinga
Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift
May 02, 2024
Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Microsoft's $75B Acquisition of Activision Cleared of Insider Trading Concerns by SEC
May 02, 2024
The SEC & Justice Dept found no grounds for charges after investigating Barry Diller, Alexander von Furstenberg & David Geffen's investments in Activision before Microsoft's acquisition.
Via
Benzinga
Topics
Regulatory Compliance
Exposures
Legal
Regulatory
Wall Street Inches Up After Powell's Inflation Remarks; Chipmakers Rebound; Gold, Crude Falter: What's Driving Markets Thursday?
May 02, 2024
U.S. stock markets surged during Thursday’s midday trading session in New York, with major averages all showing gains.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
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