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TECHNOLOGY
(NY:
XLK
)
213.57
-2.31 (-1.07%)
Official Closing Price
Updated: 4:10 PM EDT, Jul 25, 2024
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Nvidia's 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What's Driving Markets Thursday?
May 23, 2024
Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday's Top Movers
May 23, 2024
Wall Street opens with record highs on Nvidia's strong earnings and guidance, S&P 500 and Nasdaq 100 surge, while technology stocks lead the gains.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Stocks Falter, Metals Fall As Traders Turn Cautious Ahead Of Fed Minutes, Nvidia Earnings; First Solar Hits Record Highs: What's Driving Markets Wednesday?
May 22, 2024
Wall Street experienced a muted session on Wednesday morning as traders adopted a cautious stance ahead of the Federal Reserve meeting minutes release at 2 p.m. EDT and Nvidia Corp.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Kenya Set For Digital Revolution: Microsoft And G42's Investment In AI And Cloud Infrastructure
May 22, 2024
Microsoft and AI company G42 announced a $1 billion investment to transform Kenya's digital landscape. This initiative, in partnership with Kenya's Ministry of Information, aims to establish a...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Microsoft Launches Team Copilot To Boost Workplace Collaboration
May 21, 2024
Microsoft Corp. (NASDAQ: MSFT) unveiled Team Copilot, an AI assistant designed to enhance team collaboration by taking notes, summarizing key points, and managing deadlines. This launch, part of...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What's Driving Markets Tuesday?
May 21, 2024
It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Apple Vs. Spotify: iPhone Maker Fights $1.95B EU Fine Over App Store Practices
May 21, 2024
Apple Inc (AAPL) is fighting a $1.95 billion fine from the EU for antitrust violations against Spotify (SPOT). The company has filed an appeal with the General Court in Luxembourg.
Via
Benzinga
Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What's Driving Markets Monday?
May 20, 2024
Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar.
Via
Benzinga
Microsoft To Unveil New Surface Devices At Redmond Event
May 20, 2024
Microsoft Corp. (NASDAQ: MSFT) is set to unveil new Surface Pro and Surface Laptop models featuring Qualcomm Inc (NASDAQ: QCOM) Snapdragon X Elite chips with advanced AI capabilities. This significant...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
JD’s Earnings Could Mean Chinese Stocks Making a Comeback
May 20, 2024
JD.com is looking to lead the comeback from Chinese stocks, calling enough attention from Ray Dalio and even Michael Burry making JD his biggest holding today.
Via
MarketBeat
Topics
ETFs
Economy
Exposures
Economy
Interest Rates
Microsoft Unveils AMD-Powered AI Chips To Rival Nvidia: Report
May 17, 2024
Microsoft Corp is set to introduce AMD's MI300X AI chips to its Azure cloud services, challenging Nvidia's dominance. Detailed at the upcoming Build developer conference, this move aims to ease the...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What's Driving Markets Thursday?
May 16, 2024
U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
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
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