tech

The massive momentum reversal in favor of small-cap stocks at the expense of large-cap stocks is likely to continue, according to strategists at Goldman Sachs. Last week, small-cap companies posted a historic weekly performance versus…

By Louis Krauskopf NEW YORK (Reuters) - With earnings season in full swing, bullish investors are hoping strong corporate results will halt a slide in technology stocks that has slowed U.S. stocks this year. The S&P 500 technology…

U.S. stocks fell on Friday as more details emerged about a global IT outage and major averages failed to recover from a selloff that saw the Dow Jones snap a winning streak.The S&P 500 (^GSPC) fell 0.7%, while the tech-heavy Nasdaq…

U.S. stock index futures were slightly higher in overnight trading on Thursday as a broad rotation into heavy technology stocks appeared to ease ahead of a string of key earnings from the sector next week. But sentiment remained fragile…

Technology stocks were poised for a small rebound on Thursday from the Nasdaq's worst day since 2022, as positive results from TSMC (TSM) helped ease concerns about the AI ​​trade ahead of Netflix (NFLX) earnings.The tech-heavy Nasdaq…

Most Asian stocks fell on Wednesday, with losses centered around Taiwan and China after Republican presidential candidate Donald Trump said Taiwan should pay the United States for defense. However, broader losses were limited by a strong…

By Alexandra Ulmer and Don Chmielewski MILWAUKEE (Reuters) - Donald Trump's pick of J.D. Vance as his running mate raised hopes among Silicon Valley conservatives on Tuesday that they might benefit from having a fellow tech entrepreneur…

Written by Sriparna Roy, Mariam Sani and Amina Niasse (Reuters) - UnitedHealth Inc on Tuesday forecast a bigger hit to its annual profit from a February hack at its technology unit, but maintained its full-year earnings forecast. Shares…

The second half of 2024 is well underway, making it the perfect time to dive into analyst picks. The Rosenblatt Securities team has been working on compiling their “best ideas” for the coming months, with a strong focus on…

wildpixel/iStock via Getty Images The rise of artificial intelligence has become a recurring theme behind recent layoffs in the tech industry. Job cuts in the sector have exceeded 100,000 so far this year, to 106,630 as of July 12,…