Tag: Technology Select Sector SPDR Fund
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Apple dethrones Nvidia as world’s most valuable company, ending the chipmaker’s long run at the top
Nvidia shares have underperformed as Wall Street shifts to companies powering the infrastructure AI buildout
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Apple just hit a record high. HSBC says it still has room to run
Apple hit an all-time high price just north of $334 on Thursday, but its innovative product pipeline and AI push could catapult shares even higher, per HSBC.
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Warren Buffett tells CNBC he initiated Berkshire Hathaway’s investment in Alphabet
Warren Buffett said he was the driving force behind the conglomerate’s recent big investment in Alphabet.
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AI is entering a new phase — and these are the stocks investors should be watching
CNBC’s Paulina Likos and Zev Fima discuss Wall Street’s shift from AI euphoria toward rationalization and what it means for investors.
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Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market
In the eight-plus months since Amazon announced its most expansive job cuts ever, laid off workers have been thrust into an increasingly saturated labor market.
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Meta is building its first big Canadian data center as AI expansion crosses the border
Meta is building its first big Canadian data center as AI expansion crosses the border.
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A crowded tech trade is starting to unwind. Charts suggest two stocks to play the move
The most one-sided trade in tech — long chips, short software — is likely starting to unwind. These two software stocks might be worth buying, Todd Gordon says.
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Apple commits $30 billion to Broadcom for U.S. chipmaking push
Apple is expanding its Broadcom partnership in a $30 billion-plus chipmaking agreement, its largest American manufacturing commitment to date.
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The case for S&P 500 8,000 and sticking with Micron, tech, according to Trivariate Research
When earnings increase at rates as strong as expected, the S&P 500 typically posts high returns, the firm said.
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Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios
Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.
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