Roblox stock drops as Wall Street sees a ‘Pandora’s box of problems’

Roblox Corp.’s stock continued to sell off Friday as analysts questioned growth initiatives presented at the social-media company’s investor day on Thursday and August performance that came in lower t...

Almost 100 Facebook janitors laid off as Silicon Valley service-worker cuts continue

Nearly 100 Facebook janitors were laid off from the tech giant’s California offices Friday, two months after being told their jobs would be safe. The number of job cuts was actually supposed to be clo...

Chip Stocks Like Nvidia Keep Plunging to New Lows. It’s No Time to Bargain Hunt.

Text size Intel CEO Pat Gelsinger said business may be a “little bit worse” since they gave guidance on second quarter earnings call in late July. Courtesy Intel Corporation With semiconductor stocks ...

Verizon is ‘not going to throw away money’ to woo consumers with cheaper phones, CEO says

In a competitive market for wireless deals, Verizon Communications Inc.’s chief executive says the company is “not going to throw away money” on promotions. The company recently rolled out its deals f...

It’s a great time to scoop up bargain stocks. Here are 21 examples that could make you a lot of money.

Are you a contrarian investor? Sometimes it seems everyone claims to be one, but it isn’t easy, especially after a wipeout such as the one we saw on Sept. 13. An investor who wishes to pay bargain pri...

Taiwan Semiconductor Is a Top Pick in a Weak Chip Market, Says Analyst

Text size The Taiwan Semiconductor Manufacturing building in Taichung, Taiwan. I-Hwa Cheng/Bloomberg Bernstein believes investors should look through any immediate hiccups and focus on Taiwan Semicond...

Seagate Warns Disk Drive Demand Continues to Erode

Text size Seagate has been hurt by weakening demand for its disk drives in China, among other places. Dreamstime Seagate Technology continues to see weakening demand across the disk-drive business, CE...

This superbull at JPMorgan who called the summer rally sees a soft landing ahead. Here’s his advice on stocks and oil.

A fifth-straight win was taken off the table after August CPI numbers surprised on the upside. And it looks like there’s nothing to sway the Fed from a 75-basis-point hike this month. Still, when it d...

Western Digital CEO Warns Of Sharp Decline In NAND Memory Business

Text size Western Digital CEO David Goeckeler said the company has seen a sharp erosion in pricing for NAND flash memory based storage over the last month. Dreamstime Western Digital has seen business...

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...

20 value stocks whose growth potential is overlooked by investors

After a years-long bull market in growth stocks, the beleaguered value strategy has outperformed this year, as rising interest rates apply pressure on equities. Below is a screen of large-cap value st...

MicroStrategy Plans to Sell Shares to Buy More Bitcoin. The Stock Is Falling.

Text size MicroStrategy stock is sensitive to swings in the price of Bitcoin. Dreamstime MicroStrategy stock has surged in recent days amid a rally in cryptocurrency prices—but the shares have turned ...

What Stocks Are Moving Monday? Bristol Myers, Carvana, and MicroStrategy

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MicroStrategy Plans to Sell Shares. It’s Not the Only Reason Why the Stock Is Rising.

Text size MicroStrategy stock is sensitive to swings in the price of Bitcoin. Dreamstime MicroStrategy stock has surged in recent days amid a rally in cryptocurrency prices—but one of the latest catal...

IHS Is a Play on Emerging Market Cellphones. Why the Stock Looks Like a Buy.

Text size IHS’s organic revenue growth has been 18% a year over the past half-decade. Dreamstime IHS Holding is the new kid on the block in the cell-tower world—and its stock may be worth buying. Runn...

Palantir Is Helping California Manage Wildfires

Text size California is entering its season of blackouts, wildfires along with calls for more power and preparations for future problems. Frederic J. Brown/AFP via Getty Images These days, wildfires b...

Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited.

President Joe Biden’s administration issued a checklist of actions needed to rein in Big Tech on Thursday, after a roundtable “listening session” on issues within the technology industry. But administ...

Apple’s satellite deal with Globalstar could spell good news for this company

Apple’s partnership with satellite company Globalstar was one of a slew of announcements at the technology giant’s eagerly-anticipated iPhone 14 launch event this week. Under the terms of the deal, Gl...

Shopify Announces Changes in Top Leadership

Text size The company announced a 10% cut to its workforce in July. Dreamstime Shopify announced a new chief financial officer and chief operating officer on Thursday, a little less than two months af...

Verizon says it’s ‘very challenging being the premium brand’ but that new efforts will pay off

The iPhone 14 arrives during a tough climate for the U.S. wireless market, but a Verizon Communications Inc. VZ, +0.58% executive is upbeat about the efforts her company has taken both before and in r...

Globalstar Sinks on Apple Deal. ‘Buy the Rumor; Sell the News.’

Text size Globalstar will be a big winner as Apple needs satellite connectivity for its iPhone 14. VINCENZO PINTO/AFP/Getty Images Apple ’s iPhone 14 will have some satellite connectivity. It’s a big ...

Asana Stock Spikes on Forecast Boost and Share Sale to CEO

Text size Chief Executive Dustin Moskovitz purchased $350 million Asana shares in a private placement. (Photo courtesy of Asana) Shares of Asana rose sharply Thursday after the work-management platfor...

Asana stock rallies more than 10% after beat-and-raise quarter

Asana Inc. shares rallied in the extended session Wednesday after the collaboration-software company raised its outlook for the year, following results that topped Wall Street expectations, and disclo...

UiPath stock drops 15% after outlook cut

UiPath Inc. shares dropped in the extended session Tuesday after the “software robot” provider reduced its forecast for the year due to foreign currency headwinds and macroeconomic uncertainty. UiPath...

Al Gore’s Firm Bought Up Microsoft, Shopify Stock

Text size Al Gore’s investment firm, Generation Investment Management, made big bets on Microsoft and Shopify stock. Ian Forsyth/Getty Images Al Gore’s investment firm recently made some big cha...

GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week

Text size U.S. stock and bond markets will be closed on Monday for Labor Day. It’s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data rele...

Rising Pressure on Profits Darkens Outlook for Tech Shares

Micron Technology is among the companies that have warned about softening PC demand. Courtesy Micron Text size In early summer, I wrote a Tech Trader column previewing the June quarter earnings season...

MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.

By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...

Apple decimated Meta’s adtech empire. Now, it’s honing in on its advertisers

In terms of Silicon Valley feuds, you’d be hard pressed to find one that’s spicier than the years-long battle between Meta and Apple. Meta Platforms CEO Mark Zuckerberg started steering his company to...

Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending

Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...

Nvidia Warns of Sales Hit from New U.S. Chip Licensing Requirements For China

Listen to article (2 minutes) Nvidia could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on shipments of some of its most advanced chips to China, t...

Nutanix stock surges as results, outlook beat estimates

Nutanix Inc. on Wednesday reported fourth-quarter results that beat Wall Street expectations, sending its shares surging in extended trading. Nutanix NTNX, -4.53% shares rose more than 14% after hours...