Tech Stocks

With about $185 billion in model assets — up from $150 billion earlier this year — BlackRock’s allocation changes can drive massive inflows and outflows among its products.

Tech firms drive Asia stock selloff ahead of Nvidia earnings, jobs data

Asian shares fell 1.2% — led by technology firms — and are on track for a third straight day of losses

Wall Street holds near record as Apple tops $4 trillion m-cap

While most major groups took a breather after the advance, the cohort of tech megacaps kept powering ahead

Goldman Sachs says US tech stocks' valuations stretched but no bubble yet

According to Oppenheimer, high valuations mostly reflect "strong fundamentals", including higher margins and returns on equity (RoE).

Apple analyst sentiment hits five-year low after two downgrades

With the downgrades, Apple’s recommendation consensus — a proxy for the ratio of buy, hold, and sell ratings — has dropped to 3.9 out of 5, its lowest since early 2020

Oracle surges on AI cloud growth as customers race to secure computing capacity

The stock was up 34.7%, hitting a record high of $325.90 in early trading, set for its biggest one-day jump since 1992

Magnificent 7 meltdown: US tech stocks crash amid tariff shock, Apple tumbles 9%

Overnight, the Magnificent 7 index saw around $600 billion in wealth wiped off, with the combined market-cap of the seven stocks falling to $8.34 billion.

Chinese tech stocks fall more than 3%, nearing correction

The Hang Seng Tech Index dropped as much as 3.8% on Tuesday, taking its drop from a March 18 high to about 9%

US stocks fall on Fed day with eyes on tech earnings

The S&P 500 fell ahead of results from Meta Platforms Inc., Microsoft Corp. and Tesla Inc

US tech shares recover some losses from steep DeepSeek selloff

While the broader technology sector was up 2.7% on Tuesday, the Philadelphia semiconductor index was down 0.2% after falling 9.2% on Monday, its deepest one-day percentage drop since March 2020

Dow Jones logs longest losing run since 2018 even as Nasdaq soars to new record

The sharp contrast marked the first time in history that the Nasdaq closed at an all-time high while the Dow declined for the eighth consecutive day.

China tech stumbles in hunt for Wall Street’s AI gold rush

The Nasdaq 100 has soared more than 75% since ChatGPT was introduced two years ago, compared with Hang Seng Tech Index’s 16% gain

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down

Data showed consumer spending increased solidly in October, suggesting the US economy maintained its strong pace of growth, but progress on lowering inflation appeared to have stalled.

Nvidia’s Jensen Huang loses $10 bn in his biggest wealth wipeout

Huang’s net worth slumped about $10 billion to $94.9 billion on Tuesday, the biggest single-day dollar drop for him since the Bloomberg Billionaires Index began tracking his wealth in 2016.

14 tech stocks in focus as FM Sitharaman gears up to table Budget 2024

From IT majors like TCS and Infosys to consumertech companies like Zomato and Honasa, here are the stocks that the Budget may impact

Stockology: Mixed week ahead; tug of war between bulls and bears to continue

Levels near 21,950 will remain crucial for the bullish camp, whereas a close below 21,900 will confirm weakness and trigger further fall towards 20,700.

Tech stocks see biggest weekly outflow on record,says BofA

Tech stocks saw $4.4 billion of outflows in the latest week, their "largest outflow ever" and the first outflow in nine weeks, BofA said in its weekly roundup of fund flows in and out of world markets, without specifying how far back its figures went.

Short Call | Big-caps look tired, small ones still abuzz; IT's got miles to go, Polycab tax slap, L&T, Tata Motors boom

A saying goes as one never gets poor booking profits. But over the last three years, the compounding effect theory has become so widespread that people are applying it even to the wrong set of stocks

Short Call | Boom's back in tech stocks; Mastek, Mphasis, LTIMIndtree, Nazara Tech, BHEL draw the focus

IT stocks have seen the maximum FII selling since interest rate hikes began, so they are bound to be the biggest beneficiaries when the FIIs return

Short Call: IT's not as bad as you think, trust TCS; tech hiring returns; Gaza may dent metals

The bull argument for the IT sector is this: if you stop expecting the crazy growth rates of the pandemic era and make peace with the current rate of growth, then this is not a bad sector to be in

Tech stocks: pegged on some metrics, prices have yet to peak

The PEG ratio, a metric that assesses growth, may offer a more precise picture of how pricey tech stocks are now

Correction in new-tech stocks healthy; quality-at-any-price strategy at the receiving end: Anand Shah

Shah emphasized the importance of investing in good quality businesses but at reasonable prices.

Intel's 'historic collapse' erases $8 billion from market value

Intel shares closed 6.4 percent lower, while rival Advanced Micro Devices and Nvidia ended the session up 0.3 percent and 2.8 percent, respectively. Intel supplier KLA Corp settled 6.9 percent lower after its dismal forecast

HCL Technologies' Q3 results beat estimates; what should investors do now?

HCL Technologies' consolidated revenue from operations increased 19.61 percent to Rs 26,700 crore against Rs 22,321 crore in the corresponding quarter last year

Nasdaq back from brink of worst December ever as Fed angst dims

The Nasdaq Composite Index rallied 2.6 percent on Thursday, recovering from a selloff that pushed the index down 11 percent for the month