Salesforce Inc. and other cloud-software stocks shed red over the week, as the lining in cloud-software stocks Friday turned blood red instead of silver, sending some cloud companies and ETFs tracking...
Tag: Applications Software
Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation
The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...
U.S. stock rally set to stall after Microsoft and Alphabet earnings disappoint
U.S. stock futures fell on Wednesday after results from tech behemoths Microsoft and Alphabet disappointed investors. How are stock-index futures trading S&P 500 futures ES00, -0.72% dipped 23 poi...
Microsoft earnings on deck amid layoffs, recession fears: What to expect
Microsoft, which is laying off nearly 1,000 workers across multiple divisions, reports its fiscal first-quarter results after market close on Oct. 25. With fears of a recession looming, Axios and Busi...
ARK Innovation ETF Closed Below Its Covid-Era Low. Why It Might Stay There.
Cathie Wood’s flagship exchange-traded fund finally closed below its early pandemic lows on Friday, after slipping below that line in intraday trading twice this week. The $7.1 billion ARK Innovation ...
It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.
One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the...
If chip production is recovering, why are automakers still making fewer cars?
Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, th...
Oracle’s Ellison’s Compensation Topped $130 Million Last Fiscal Year
Sept. 23, 2022 8:24 pm ET Listen to article (2 minutes) Oracle top executives are again among the highest-paid at big U.S. companies, thanks to a decision last year to give them more time to earn stoc...
Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
Netflix Inc. is seeking a new chief accounting officer after its current one quit the role after less than four months. The streaming giant NFLX, -5.69% said in a regulatory filing Friday that Ken Bar...
Bitcoin Could Hit $500,000 in Next Decade, Says MicroStrategy’s Michael Saylor
Text size Bitcoin prices have plunged this year. Yuri Cortez/AFP/Getty Images Bitcoin could reclaim its November 2021 all-time high by 2026 and surge even higher if its valuation fundamentals change, ...
Why Adobe Wants Figma and Why Some Investors Are Worried
Sept. 18, 2022 10:00 am ET Listen to article (2 minutes) Adobe the low-key maker of digital tools to create PDFs and edit photos, pleased investors by reinventing itself as a subscription-software bus...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...
Oracle Stock Rises. Sales Topped Guidance but Profits Missed.
Text size Oracle’s headquarters. The software giant’s earnings disappointed. Justin Sullivan/Getty Images Oracle posted mixed numbers for the quarter. Revenue edged out guidance, but profi...
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this cycle of t...