Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.26% ...
Tag: Computing
Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid
Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software on Monday rejected Ap...
Unity Board Opposes AppLovin’s $17.5 Billion Buyout Offer
Updated Aug. 15, 2022 10:48 am ET Listen to article (2 minutes) Unity Software board has unanimously agreed that the $17.5 billion buyout offer from AppLovin isn’t in the best interests of shareholder...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
9 Chip Stocks That Look Like Buys
Text size Nvidia now expects July quarter revenue to be $6.7 billion, up only 3% from the year-ago period. The company had previously forecast $8.1 billion in revenue. Dreamstime These are troubling t...
6 Software Stocks to Buy and 4 to Sell, According to an Analyst
What’s next for enterprise software stocks? That depends which ones you pick. Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to plac...
Why an analyst says sell these four big software stocks
Salesforce Inc.’s stock gets a lot of love on Wall Street, with 43 of the 49 covering analysts tracked by FactSet rating the shares the equivalent of buy. But Guggenheim analyst John DiFucci bucked th...
Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company
On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...
Nvidia is hit by another ‘crypto hangover,’ and that isn’t the only problem
While in high demand and short supply for the first two years of the pandemic, Nvidia Corp.’s gaming cards have been hit by declines in three separate pandemic booms in 2022: Personal-computer sales, ...
Nvidia Stock Sinks as Revenue Estimate Misses, Gross Margin Outlook Slashed
Text size Nvidia stock has declined 10% this year, while the Nasdaq Composite has fallen 18%. Justin Sullivan/Getty Images Nvidia shares plunged after the chip manufacturer shared preliminary financia...
What Stocks Are Moving Monday? Tesla, Palantir, First Solar and More.
Text size Tesla shares rise early Monday. (Photo by Justin Sullivan/Getty Images) Stock futures were trading higher Monday with investors assessing how aggressive the Federal Reserve will be in its ef...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3. In a statement, Xabie...
Oracle Lays Off Hundreds of Employees
Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions. ...
Opinion: Step aside, FAANMGs. This new crop of tech companies are the ones to watch for the next decade.
Investors have had a change of heart after selling technology stocks for the better part of eight months. There has been a trend reversal after bellwether tech companies reported earnings for the mo...
Cloudflare stock rallies 25% following earnings beat, raised revenue outlook
Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year. Cloudfl...
Twilio stock declines as weak outlook follows a quarterly beat
Twilio Inc. shares fell in the extended session Thursday after the software company’s outlook came in below Wall Street expectations following a reported beat in the previous quarter. Twilio TWLO, +0....
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...