Cathie Wood’s ARK Innovation exchange-traded fund keeps falling, but investors aren’t jumping ship. Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—inclu...
Tag: Applications Software
Microsoft Stock Slips on Concern About Growth for Office 365
Text size Microsoft Office is one of the company’s biggest businesses. Dreamstime Microsoft shares are under pressure from concerns about how the company might be affected by slowing growth in t...
Investment Firm Files Finra Arbitration Demand Against Morgan Stanley
An investor accused Morgan Stanley of leaking information about a large sale of shares of Palantir Technologies Inc., saddling it with millions of dollars in losses. Morgan Stanley is at the center of...
AMD, Qualcomm make software-focused acquisitions as growth in core chip businesses questioned
Advanced Micro Devices Inc. and Qualcomm Inc. both announced acquisitions on Monday that will help diversify into greater software holdings as analysts question growth in the chip makers’ core busines...
Roblox Stock Halved This Year. These Analysts Say Estimates Are ‘Too High.’
A wave of metaverse excitement for Roblox shares evaporated in recent months amid slowing domestic user growth trends and concerns about profitability. Courtesy of Roblox Text size A wave of metaverse...
BlackBerry Valuation Makes It More Attractive. The Stock Receives an Upgrade.
Text size A logo stands on display outside the BlackBerry headquarters. Chris Ratcliffe/Bloomberg Shares of BlackBerry received a boost on Monday after analysts at RBC Capital Markets upgraded the sto...
Tesla’s Elon Musk Says He’s Not Selling His Crypto Holdings. Bitcoin Is Up.
Text size Bitcoin Dreamstime Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell. Dogecoin (D...
It’s the Beginning of the End for Russian Gas in Europe. These Stocks Should Benefit.
The Batajnica gas storage facility, operated by Transportgas, in Batajnica, Serbia. The European Union is planning to cut Russian natural gas imports. Oliver Bunic/Bloomberg Text size The 27-member Eu...
CrowdStrike stock surges 15% on strong outlook, earnings beat
CrowdStrike Holdings Inc. shares surged in the extended session Wednesday after the cybersecurity company’s forecast for the year came in well ahead of what Wall Street was expecting. CrowdStrike CRW...
Asana stock falls 15% after loss more than doubles, forecast calls for more red ink
Asana Inc. shares retreated in extended trading Wednesday, after the company reported that losses doubled from a year ago and predicted more red ink in the new year. Asana ASAN, +9.71%, a collaboratio...
Cloud Stocks Have Become a Haven in Tech. 4 Stocks to Buy.
As the world emerges from the pandemic, tech companies have been put in a tough spot. They’re under pressure to sustain pandemic-era boosts, and many of them have struggled to meet the challenge, incl...
Splunk stock shows volatility following surprise profit, new CEO
Splunk Inc. rallied at first in the extended session Wednesday but then shed those gains, dipping into negative territory, as the cloud-based enterprise software company reported a surprise profit, to...
Zoom, Salesforce, Target, Costco, and Other Stocks for Investors to Watch This Week
U.S. stock and bond markets will have plenty of action on the last day of February with earnings from HP Inc., Lucid Group, and stay-at-home play Zoom Video Communications expected on Monday. Earnings...
Virgin Galactic Stock Surges. Reservations for Space Will Open Wednesday.
Text size Reservations for Virgin’s space tourist flights will open Wednesday. Courtesy Virgin Galactic Space tourism pioneer Virgin Galactic is getting closer to commercial operations. The comp...
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
These 20 highly rated stocks are expected to rise at least 70% over the next year
A sliding stock market means many companies are on sale, which spells opportunity for investors with investment horizons of several years. A list of the most favored names among analysts, along with c...