Megacap tech stocks delivered blockbuster earnings this week, but there are 2 names in the group that traders say are the top picks right now.
Read MoreThe tech sector hit new highs this week, but it’s not just the mega cap names pushing the group higher. Traders say these 9 under-the-radar tech picks are the ones to consider now.
Read MorePlus, Uber shares are down on reports that SoftBank is selling $2.1 billion of its stake in the ride-hailing company, DiDi shares surged on reports that it is going private, and Robinhood makes its public debut today.
Read MorePlus, Gap’s Athleta brand is launching a workout and wellness platform, Tesla is reportedly moving its showrooms out of malls, and ride sharing app Swvl is going public via a reverse merger with a SPAC.
Read MorePlus, UPS shares are down after earnings showed deliveries are slowing down in the U.S., GE CEO Culp warned that the conglomerate is facing inflationary pressures, and American Airlines said it may have to add extra stops for some flights amid snarls in trucking and supply chains delays fuel shipments to some airports.
Read MorePlus, the S&P 500 is hovering near its record ahead of a busy earnings week with some of tech’s biggest names reporting, Bitcoin surged to nearly $39,000 on speculation that Amazon may soon accept cryptocurrencies as payment, and BioNTech said it plans to develop an mRNA vaccine for malaria.
Read MoreIt’s a pretty well-documented fact that one of the best-performing sectors in the entire market for the last few years has been the Technology sector. Tech stocks have been a prime focus of attention for investors for more than two decades, and even with the early 2020 bear market drop, it is companies in this […]
Read MorePlus, American Airlines and Southwest Airlines both posted second quarter profits on federal aid and surging travel demand, DiDi shares are dropping on reports that Chinese regulators are planning unprecedented penalties for the ride-share giant, and Uber Freight is buying shipping software company Transplace.
Read MoreIncreasing concerns about the pace of inflation – and what that might mean for a host of issues like whether the Fed will need to start increasing interest rates earlier and faster than they have forecast or than most economists have predicted – have given the market a reason to be a little bit choppier […]
Read MorePlus, IBM delivered an earnings beat, UBS reported a 63% jump in net profit last quarter, and Nasdaq is spinning off its Nasdaq Private Market business.
Read MorePlus, DISH Network said it has signed a multi-year agreement with AT&T worth $5 billion for wireless services, Zoom is buying cloud contact center software provider Five9 for $14.7 billion, and Bill Ackman’s Pershing Square Tontine Holdings SPAC has dropped its deal for 10% of Universal Music Group.
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