Big Tech Stocks

“This is insane,” says one market analyst on X (formerly Twitter). “It’s a beast,” says another on CNBC. It’s becoming difficult to find suitable superlatives to describe the market performance of Nvidia Corporation (NASDAQ:NVDA) The Kobeissi Letter on X on...

Meta Platforms Inc.‘s (NASDAQ:META) outage on Tuesday, which affected users of Facebook, Instagram and Messenger, underlined a growing mistrust of the ability of technology companies to operate securely and keep customers safe from cybersecurity threats. The outage followed another incident,...

Microsoft Corporation‘s (NASDAQ:MSFT) partnership with generative artificial intelligence (GenAI) developer OpenAI has become the star celebrity marriage of the technology industry. It is a union that will allow the company to “further distance itself from the competition” and...

The world’s top institutional investors are at their most bullish on equities in two years as global growth expectations improve, driving further funds into the Mega Techs, such as Nvidia Corp (NASDAQ:NVDA) and Microsoft Corp (NASDAQ:MSFT). For the first time since April 2022, investors are...

Jim Cramer, the host of CNBC’s “Mad Money,” has advised investors to hold off on making any major decisions in response to the recent market turbulence. What Happened: Cramer, on his show, discussed the market’s volatile behavior on Tuesday, advising investors to exercise...

An alleged draft of the European Union’s Artificial Intelligence (AI) Act was leaked on Monday. Companies were already aware of what might be asked of them to comply with European regulations, but the 892-page leaked document, according to Euractiv, shows the timeline is tight and will be...

The current tech rally is expected to continue into 2024 and global fund managers increased the weightings in their portfolios of large U.S. and Japanese tech stocks in November. Bank of America‘s Global Fund Manager Survey for November, published on Tuesday, showed institutional investors...

Amid the fluid market condition, former hedge fund manager Whitney Tilson harped on missing out on a stock that has outperformed some of the bellwether tech stocks in the medium term. What Happened: Tilson was upfront about this mistake and said, “I have been following retailer Dillard...

California Public Employees’ Retirement System, aka CalPERS, the biggest pension fund in the U.S., recently filed its 13F for the fourth quarter ended Dec. 30, with the SEC. Tech Buying Binge: Capitalizing on the steep pullback in tech stocks in the fourth quarter, CalPERS bulked up on many...

Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally. Electric Vehicle stocks plunged with Xpeng, Li Auto and Nio falling over 4% in morning trade. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA...

Hong Kong’s benchmark Hang Seng index traded in the red Monday morning, falling 0.6% after China's industrial production and retail sales data disappointed investors. Industrial production grew by 3.8%, slightly lower than the 3.9% figure in June. Retail sales rose 2.7% in July...

Shares of major U.S.-listed firms on the Hong Kong stock exchange dropped on Tuesday as the Hang Seng index commenced the trading day in the red. The index was down over 1% on Tuesday morning. Stock Movement Alibaba -2.89% XPeng -6.32% NIO -1.65% Baidu -2.19% Tencent 0.42...

Shares of U.S.-listed Chinese companies traded mostly higher in Hong Kong on Wednesday, snapping a two-day losing streak. Major tech stocks like Alibaba Group Holdings (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), and JD.com Inc (NASDAQ: JD) gained around 0.46% to nearly 5%. At the same time, Tencent...

Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Wednesday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), and Tencent Holdings (OTC: TCEHY) in the red. Among electric vehicle makers, NIO Inc (...

The SEC continued to crack the regulatory whip on U.S.-listed Chinese companies for non-compliance with audit requirements necessitated by the "Holding Foreign Companies Accountable Act." What Happened: The SEC on Wednesday put out a provisional list of 80 Chinese companies, expanding...