The Nasdaq composite and S&P 500 outperformed in the stock market Tuesday as oil prices plunged and the 10-year Treasury yield slowed its ascent, holding just above the 4% level. The Nasdaq jumped nearly 1.5% in higher volume, picture-perfect price action for the bulls after the index marked a distribution day Monday. The Nasdaq is…
This isn’t your great-grandfather’s IBM (NYSE: IBM) anymore. It’s still a great long-term investment, though. IBM’s pioneering history The former maker of punch-card calculators evolved into an industrial computing powerhouse, a personal computing innovator, and then an all-you-can-eat buffet of information technology products. And just when everyone else started to copy Big Blue’s successful business…
Meta Platforms (META) stock got another price-target hike Monday following last week’s Connect conference. Analysts at Monness, Crespi, Hardt are bullish on the Facebook parent company’s artificial intelligence and augmented-reality innovations. ↑ X NOW PLAYING Blue Chips, Small Caps Lag In Mixed Session; META, KBH, ARM In Focus Monness, Crespi, Hardt analyst Brian White upped…
U.S.-listed China tech stocks are surging again Thursday, following reports the Chinese government is planning further stimulus to boost the world’s second largest economy. E-commerce giant JD.com (JD) stock broke out, while Alibaba (BABA), PDD Holdings (PDD) and Baidu (BIDU) added to recent rallies. ↑ X NOW PLAYING AI Levels Up: Inside The Chips Driving…
As hacking threats evolve in complexity, securing your web applications feels like an uphill battle. Between keeping software updated, monitoring for misconfigurations, and analyzing traffic patterns, it’s a lot to juggle. This complexity only increases exponentially when you move web apps to the cloud. With more attack surfaces and data now outside your firewall, you…
The Dow Jones Industrial Average showed underlying strength again in the stock market today. The blue-chip index added around 0.6% despite a 2% decline for Boeing (BA). Shares lagged after the Machinists union overwhelmingly voted to reject an offer from Boeing that included a 25% pay increase over the next four years. ↑ X NOW…
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Adobe (ADBE) beat views late but guided lower. Oracle (ORCL) gave bullish long-term guidance. ↑ X NOW PLAYING Nasdaq S&P 500 Extend Win Streaks; Arista Networks, Royal Caribbean, Stride In Focus The stock market rally continued to rebuild momentum, with…