Latest in Tech Stocks Fall
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Big Tech Carries the Entire Stock Market — and Nvidia Fuels Big Tech
The Magnificent Seven have doubled the returns of the S&P 500 in 2024, but much of the outperformance can be chalked up to chip giant Nvidia.Business - Inc. - October 25 -
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesBusiness - Financial Times - October 16 -
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainBusiness - Financial Times - October 16 -
Meet the salad hawkers that are valued like tech stocks
But rally for Sweetgreen and Cava may not stay fresh and valuations may prove too richBusiness - Financial Times - October 27 -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - October 25 -
Coinbase’s stock falls nearly 5% as earnings fall short of estimates
Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.Business - MarketWatch - October 31 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Nvidia’s stock is up nearly 200% this year, and a critical time for tech awaits
With Alphabet, Meta, Microsoft and Amazon all set to report results this week, chip-sector investors should pay attention to cloud growth and spending forecasts.Business - MarketWatch - October 28 -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - October 30 -
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first BudgetBusiness - Financial Times - October 30 -
Tech stock sell-off wipes out Wall Street’s October gains
Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early SeptemberWorld - Financial Times - October 31 -
Stock market suffers a Halloween selloff as tech investors get the chills
A confluence of frightful factors sank stocks on the final day of October.Business - MarketWatch - November 1 -
The year's top tech stock is up 300% thanks to AI — but it's not Nvidia
With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.Business - CNBC - 4 days ago -
AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.Business - CNBC - Yesterday -
Big Tech stocks rally, as tech now drives S&P 500 more than on Election Day 2016
Big Tech stocks rallied Tuesday as Americans cast their vote for the next U.S. president, fueling the S&P 500’s sharp gain.Business - MarketWatch - 3 days ago -
Amgen’s stock falls as analyst warns that hype around obesity drug is baked in
Truist analyst Srikripa Devarakonda backs away from bullish call as competition mutes potential for biotech’s drug pipeline.Business - MarketWatch - October 14 -
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.Business - The Wall Street Journal - October 14 -
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.Business - MarketWatch - October 15 -
ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks
The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.Business - The Wall Street Journal - October 15 -
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...Business - MarketWatch - October 17 -
Nvidia’s stock sets one record but falls short of another
While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.Business - MarketWatch - October 17 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat
Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.Business - MarketWatch - October 24 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
Chipotle’s new CEO maintains focus on faster service as sales fall short
Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.Business - MarketWatch - October 30 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - October 31 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31