Michael Burry just loaded up on Microsoft stock: should you too?

Microsoft (NASDAQ: MSFT) is extending gains on April 24 after “Big Short” investor Michael Burry revealed a new position in the tech titan amidst ongoing AI-driven pressure on tech stocks.   This high-profile endorsement arrives only days before MSFT is scheduled to post its Q3 earnings. Consensus is for the behemoth to earn $4.07 a… Continue reading Michael Burry just loaded up on Microsoft stock: should you too?

Oracle stock falls 3%: why this analyst still sees upside

Shares of Oracle fell on Friday after reports that the company canceled a large hardware order, even as analysts maintained a bullish outlook on its long-term position in artificial intelligence infrastructure. The stock declined about 3.4% following reports that Oracle scrapped an order for 300 to 400 Nvidia GB300 NVL72 racks from Super Micro Computer,… Continue reading Oracle stock falls 3%: why this analyst still sees upside

Alphabet plans up to $40B investment in Anthropic: report

Google is set to invest $10 billion in Anthropic, with the potential to commit an additional $30 billion tied to performance targets, reported Bloomberg. Anthropic said the initial investment values the company at $350 billion, matching its valuation from a February funding round. The deal also includes support for a significant expansion of Anthropic’s computing… Continue reading Alphabet plans up to $40B investment in Anthropic: report

Tesla stock jittery after earnings: why investors remain cautious

Shares of Tesla traded unevenly on Friday, briefly rising as much as 1.3% before giving up gains to hover near flat, as investors continued to assess the company’s latest earnings and long-term strategy. The muted performance came despite broader market strength. The S&P 500 rose 0.2%, while the Nasdaq Composite gained 0.6%. The Dow Jones… Continue reading Tesla stock jittery after earnings: why investors remain cautious

SAP jumps 7% on earnings beat as cloud growth eases AI fears

Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong result came even as concerns around artificial intelligence continue to weigh on the broader sector. SAP’s American depositary receipts rose 7.3% to $175.31, recovering from a 6.2% decline in the previous session.… Continue reading SAP jumps 7% on earnings beat as cloud growth eases AI fears

P&G beats Q3 expectations with first volume growth in a year

Procter & Gamble exceeded analyst expectations for quarterly earnings and revenue, reporting its first volume growth in a year and sending the company’s shares up approximately 3.3% on Friday. For its fiscal third quarter, P&G reported net income attributable to the company of $3.93 billion, or $1.63 per share, an increase from $3.78 billion, or… Continue reading P&G beats Q3 expectations with first volume growth in a year

Dow slips 179 pts as S&P 500, Nasdaq rise on Iran talk hopes

US stocks edged higher on Friday, supported by renewed optimism around potential diplomatic progress between Washington and Tehran, alongside strong momentum in semiconductor stocks led by Intel. The S&P 500 rose about 0.25%, while the Nasdaq 100 climbed 1.2%. The Dow Jones Industrial Average, however, was down 179 points. The cautious optimism follows reports that… Continue reading Dow slips 179 pts as S&P 500, Nasdaq rise on Iran talk hopes

Intel stock skyrockets 28%, so why are analysts still saying sell?

Intel stock (NASDAQ: INTC) soared as much as 28% in premarket trading on Friday after the chipmaker posted stronger-than-expected first-quarter earnings. The company issued second-quarter revenue guidance that topped Wall Street forecasts. For a company long written off as a laggard in the AI race, the move was a sharp reminder that sentiment can change… Continue reading Intel stock skyrockets 28%, so why are analysts still saying sell?