tech stocks

Earnings season shifted into first gear Monday as Citigroup Inc (NYSE: C) posted better than expected results and saw shares rise in pre-market trading. A host of bank earnings take aim at Wall Street over the next few days, but this looks like a nice way to start the journey. Citigroup’...

Technology is a sector that houses some of the biggest investment opportunities ever seen. In fact, outside of the banking industry, more tech companies are among the 50 largest companies in the world by market cap than any other industry, with companies like Apple Inc (NASDAQ: AAPL), Amazon.com,...

The S&P 500 Index (SPX) hit 3000 for the first time Wednesday on dovish testimony from Fed Chair Jerome Powell, but is there meaning in this big new round number? Well, it’s great for fodder, and maybe it helps psychologically to see a new first-digit for the SPX for the first time since...

There’s a lot of doom and gloom hanging over Q2 earnings for most of the S&P 500’s 11 sectors, but the Communications Services sector, with quarterly numbers ready to roll out in coming weeks, isn’t among them. Thanks to a still considerably healthy job market, mostly...

Things are moving quickly this morning as investors get a first look at prepared congressional testimony from Fed Chair Jerome Powell. It looks like he’s leaning toward a dovish take on the economy, and that could help give stocks an early boost. Hours before he started his testimony, Powell...

Apple's stock fell over 2 percent Monday as multiple bad news blows hit the company: Rosenblatt downgraded the stock to sell from neutral, citing estimates that iPhone sales would drop in 2H19, and VirnetX won a patent appeal case against the company, which could lead to a substantial payout....

Technology is the second-best performing sector over the last month, but that doesn’t necessarily mean it’s going to blow people away with Q2 earnings results. Since the start of June, Technology shares are up nearly 7%, better than any sector besides Materials. Strong Technology...

Wall Street parades into July 4 with stocks at record highs and with jobs data and earnings season straight ahead. At the same time, small-cap stocks are lagging a bit and Treasury yields continue to forecast some caution. The situation now is one that many are struggling to understand. Yesterday...

Even the slightest hint of warmer trade winds is enough to get investors’ hearts beating a little faster these days as the G-20 meeting approaches.  You can see that Wednesday morning as the stock market made a mild rebound thanks in part to some optimistic comments from U.S. Treasury...

It’s been a quick comeback for the S&P 500 Index (SPX), which hit new record highs Thursday and sits more than 8% above its early-June low. The index rose every day so far this week, though it shows signs of flagging early Friday as tensions in the Middle East remain in the picture. It...

Now that the Fed meeting has come and gone with no rate cut, a lot of people are asking themselves, “What’s next?” Well, if you can forget about the Fed for a bit, there’s a bunch of stuff in the headlights, especially next week. That’s when we have the G-20 meeting...

The first positive China trade news in weeks debuted just in time for the Fed’s decision later today. Whether stocks follow Tuesday’s sharp rally with another move higher could depend on what happens at 2 p.m. ET when the central bank wraps up deliberations. The interesting thing about...

Declining revenue for a second-straight quarter in an increasingly competitive cloud-computing environment could loom for technology firm Oracle Corporation (NYSE: ORCL) as it prepares to report Wednesday. Most analysts expect a year-over-year revenue dip, although they also expect earnings...

Earnings season has pretty much petered out, but there are a few interesting names on the radar this week: Adobe Inc (NASDAQ: ADBE)(postmarket today), Oracle (NYSE: ORCL)(postmarket Wednesday), and Red Hat Inc (NYSE: RHT) (postmarket Thursday), all software companies. It may be...

The story of slowing global growth that Wall Street has been telling itself in recent months added a new chapter Friday in the form of Chinese industrial production data. The latest numbers show industrial production in the world’s second-largest economy rising just 5% on a yearly basis last...