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Tech Earnings

All articles tagged with #tech earnings

Gold hits record as markets brace for Fed decision and Big Tech earnings
markets1 month ago

Gold hits record as markets brace for Fed decision and Big Tech earnings

U.S. stock futures fell Sunday as investors awaited the Fed’s policy decision and a wave of Big Tech earnings. Dow futures were down about 120 points, S&P 500 futures slipped 0.2%, and Nasdaq-100 futures fell 0.4% after Intel’s Friday drop. Gold futures surged to a record above $5,000 an ounce on safe‑haven demand, while the dollar weakened and oil rose. The Fed is expected to hold rates steady with cuts unlikely until summer; Microsoft, Meta and Tesla report this week, with Apple slated for Thursday. Investors are also weighing a potential partial government shutdown and the broader’ market durability beyond tech.

Markets Mixed as OPEC+ Pauses Hikes and Trade Truces Boost Investor Sentiment
business3 months ago

Markets Mixed as OPEC+ Pauses Hikes and Trade Truces Boost Investor Sentiment

US stock futures rose, indicating a potential continuation of the seven-month rally driven by strong tech earnings and easing US-China trade tensions, despite mixed economic signals and geopolitical uncertainties. Commodities like gold and oil also saw movements influenced by policy changes and OPEC decisions, while markets await key central bank meetings and economic data amid ongoing US government shutdown concerns.

Meta's Stock Drop and AI Spending Shake Up Billionaire Rankings
business3 months ago

Meta's Stock Drop and AI Spending Shake Up Billionaire Rankings

The rankings of the world's wealthiest individuals have shifted in October, primarily driven by fluctuations in tech company stocks. Elon Musk remains the richest, while Larry Ellison's wealth has increased due to Oracle's strong AI cloud services and stock buybacks. Mark Zuckerberg's net worth declined due to increased AI spending costs at Meta, whereas Jeff Bezos and other tech leaders like Larry Page and Sergey Brin saw their fortunes grow amid a tech stock rally. Nvidia's CEO Jensen Huang also gained significantly as Nvidia's AI chip shares soared, contributing to the overall rise in tech billionaires' wealth.

Meta's Stock Tumbles Amid Spending and AI Concerns
business3 months ago

Meta's Stock Tumbles Amid Spending and AI Concerns

Meta Platforms' stock dropped 11% after its Q3 earnings report despite beating financial expectations, due to concerns over increased AI-related spending and higher capital expenditure guidance for 2025. The company reported strong revenue growth and robust user engagement, with significant investments in AI and virtual reality, though its Reality Labs division continues to incur substantial losses. Analysts remain optimistic about META's long-term growth, with many recommending a strong buy at its current valuation.

Stock Futures Climb as Tech Giants Report Strong Earnings
finance3 months ago

Stock Futures Climb as Tech Giants Report Strong Earnings

Stock futures rose after major tech companies like Apple and Amazon reported strong quarterly earnings, boosting investor optimism despite a previous day of declines and ongoing trade negotiations between the US and China. Major companies posted record or near-record revenues, and the market is on track for a positive weekly and monthly performance.

Morning Bid: Uncertainty Surrounds 'Foregone Conclusions'
finance-and-markets3 months ago

Morning Bid: Uncertainty Surrounds 'Foregone Conclusions'

Markets are showing hesitation after recent central bank decisions and geopolitical developments, with the Fed hinting at a possible December rate cut, while US-China trade talks and tech earnings reports influence investor sentiment. The European Central Bank is expected to hold rates steady, and global markets remain sensitive to policy signals and geopolitical tensions.