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Results for "Technology shares"

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Big Tech Earnings Show AI Spending Spree and Apple Supply Constraints
BusinessBBCbloombergNYT+30FTThe GuardianNPRAl Jazeeradr-dkyle-uutisetcnbcfaz+22 more28d ago33 sources

Big Tech Earnings Show AI Spending Spree and Apple Supply Constraints

Major tech companies like Amazon and Microsoft reported strong earnings driven by significant investments in AI, while Apple warned of future supply constraints impacting Mac, iPhone, and iPad sales, leading to a projected slowdown in September-quarter growth.

Stock Market Mixed on June 25 as Micron Soars, Apple Falls
BusinessYahoo2mo ago

Stock Market Mixed on June 25 as Micron Soars, Apple Falls

The stock market experienced mixed results on June 25, with the Dow rising while the S&P 500 and Nasdaq slipped. Micron Technology shares surged, but Apple's stock dragged down other Big Tech companies, with inflation data also weighing on investor sentiment.

Nvidia Earnings Lift Tech Stocks Amid Renewed AI Spending Optimism
TechnologyReutersBBCbloomberg+35wsjFTThe GuardianCNNcnbctagesschauBarron'sberlingske+27 more1d ago38 sources

Nvidia Earnings Lift Tech Stocks Amid Renewed AI Spending Optimism

Nvidia reported stronger-than-expected quarterly results and signaled sustained growth in artificial intelligence infrastructure spending, triggering a premarket rally across technology and cybersecurity stocks. The upbeat outlook eased investor concerns about an AI investment bubble while driving gains for major chipmakers and software providers.

Coherent Stock Hits Record High
BusinessYahoo2mo ago

Coherent Stock Hits Record High

Coherent (COHR) stock reached a record high, attributed to a significant surge in Marvell Technology shares. The positive market movement for Marvell had a ripple effect, boosting Coherent's valuation.

Seagate Stock Surges on Raised Revenue Target Amid AI Boom
TechnologyYahooseeking-alpha4mo ago2 sources

Seagate Stock Surges on Raised Revenue Target Amid AI Boom

Seagate Technology shares surged by 17% after the company raised its annual revenue growth target, attributing the positive outlook to the booming AI sector. Analysts are issuing bullish price targets, reflecting optimism about Seagate's performance.

Marvell Technology Shares Fall Despite Strong Earnings and AI Guidance
TechnologycnbcYahoochannel-news-asia+2seeking-alphainvesting-com8h ago5 sources

Marvell Technology Shares Fall Despite Strong Earnings and AI Guidance

Marvell Technology reported robust financial results and projected 50 percent growth, yet its stock declined as investors focused on valuation pressures and delayed revenue recognition from a major Google AI partnership. Analysts remain divided, with many maintaining bullish outlooks despite short-term market jitters.

Seoul Stock Market Reverses Gains as Technology Sector Slumps
TechnologyKorea Heraldyonhap-english17h ago2 sources

Seoul Stock Market Reverses Gains as Technology Sector Slumps

Trading on the Seoul stock exchange ended lower, halting a three-day winning streak as technology shares faced significant selling pressure. Investors adjusted positions amid shifting expectations for the semiconductor and electronics industries.

Asian Stock Markets Slide as Tech Shares Plummet Amid AI Concerns
BusinessBBCrzeczpospolitavg+1seeking-alpha2mo ago4 sources

Asian Stock Markets Slide as Tech Shares Plummet Amid AI Concerns

Asian stock markets experienced a significant downturn, with technology shares leading the slump, as concerns over artificial intelligence's impact triggered a market tremor. This slide follows losses on Wall Street and also saw Bitcoin's value decrease.

Micron Stock Rebounds
BusinessYahoo4mo ago

Micron Stock Rebounds

Micron Technology shares saw a bounce back today, with analysts attributing the recovery to various market factors.