Category Archives: Markets

Microsoft Shakes Off Tech Stock Malaise on Growth Outlook

First American News LLC-Raleigh, NC: Shares of technology stocks rallied Wednesday, after strong results from both Microsoft Corp. and Texas Instruments Inc. underlined the sector’s growth outlook, helping to ease investor concerns ahead of a highly-anticipated Federal Reserve meeting. Microsoft’s results and outlook lift software stocks Tech shares have been under pressure amid rate concerns Subscribe […]

Payments to U.S. Brokers Surged Amid Meme-Stock and Options Boom

First American News LLC: Raleigh, NC: Brokerages serving individual investors received a windfall last year for selling their customers’ order flow to electronic trading firms, even as the practice faced increasing scrutiny from regulators. The dozen largest U.S. brokerages earned a combined $3.8 billion for selling their customers’ stock and options orders last year, up […]

Alphabet Stock Is Taking Off. The Tech Comeback Is On

First American News LLC: Raleigh, NC: Global stocks headed for the biggest four-day rally since November 2020 as U.S. index futures jumped on continued dip-buying in technology shares and better-than-expected earnings. Contacts on the Nasdaq 100 rose 1.2%, while those on the S&P 500 added 0.6%. Alphabet Inc. and Advanced Micro Devices Inc. soared at […]

Meme Stocks Await Market Calm to Attempt a Comeback

First American News LLC, Raleigh NC: Beaten-down meme stocks could stage a comeback if solid economic and earnings growth help repair battered investor sentiment. That’s according to Evercore ISI’s Julian Emanuel, who in late 2019 predicted the retail-investing boom. The strategist says a robust corporate and economic environment is likely to help revive such shares […]