US stocks were set to bounce back on Friday as Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings revived hopes for a Big Tech-led rally. But a key inflation report ahead could put a spoke in the wheel. S&P 500 (^GSPC) futures rose roughly 0.8%, while contracts on the tech-heavy Nasdaq 100 (^NDX) jumped 1%. Futures
Let’s face it you need to multitask quite often, and at this point, you expect the technology and software surrounding you to do the same. Outlook can help. Let’s face it, you need to multitask quite often and at this point, you expect the technology and software surrounding you to do the same. However, when
Having co-founded the world’s largest software company, Microsoft, Bill Gates is one of the richest people in the world, worth an estimated $152 billion, according to Forbes. While he and his ex-wife Melinda French Gates have donated a decent portion of their fortune through the Bill and Melinda Gates Foundation (which still remains intact despite
Stocks struggled to regain momentum Tuesday afternoon following a morning dip, as economists predicted that Wednesday’s Consumer Price Index report would show a 3.4% annual inflation rate, up from 3.2% in February. Investors have been hoping for the Federal Reserve to cut interest rates as joblessness remains low and inflation wanes. But a potential inflation
Microsoft will reportedly invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Reuters reported Tuesday (April 9). The company will announce this investment Tuesday, while Japanese Prime Minister
The “Magnificent Seven” is a collection of the world’s largest technology stocks. They earned the name last year when they delivered an average gain of 112%, which crushed the 24% return of the S&P 500 index. The seven stocks include: Microsoft (NASDAQ: MSFT) Amazon (NASDAQ: AMZN) Nvidia Meta Platforms Apple Alphabet Tesla Some members of
In this article, we will be taking a look at the 11 fastest growing AI stocks to invest in now. To skip our detailed analysis of the artificial intelligence sector, you can go directly to see the 5 Fastest Growing AI Stocks To Invest In Now. Tech: A High-Growth Sector If you’re looking for high
The word “cheap” doesn’t get applied to many tech stocks these days, especially after a rally that has seen the Nasdaq Composite index soar by 46% in the past year. And it’s true that you’ll have to pay much more for quality businesses today than you would have shelled out back in early 2023. That’s
We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the
Amazon founder Jeff Bezos has joined technology giants Nvidia, Microsoft and ChatGPT maker OpenAI in investing in a startup that develops human-like AI robots, a report has said.Citing sources familiar with the situation, a report by Bloomberg said that the robotics company Figure is currently raising roughly $675 million in a funding round, valuing the