Technology

Meta Erases $251 Billion in Value, Biggest Wipeout in History by First American News

Meta Erases $251 Billion in Value, Biggest Wipeout in History

First American News LLC: Raleigh, NC: Meta Platforms Inc.’s one-day crash now ranks as the worst in stock-market history. The Facebook parent plunged 26% Thursday on the back of woeful earnings results, and erased about $251.3 billion in market value. That’s the biggest wipeout in market value for any U.S. company ever. And while the …

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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 …

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Tech Is Still Getting Crushed. Here Are 15 Stocks to Buy in a Changed World.

Tech Is Still Getting Crushed. Here Are 15 Stocks to Buy in a Changed World.

First American News LLC, Raleigh NC: Tech stocks finally showed a little fight last week, aided by an impressive batch of earnings reports. But the sector remains battered. The Nasdaq Composite is down 16% over the past two months—and beneath the surface, the damage is considerably worse. Among Nasdaq stocks with market caps over $1 …

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Microsoft Stock Jumps Following Acquisition of Video Game Activision Blizzard

First American News LLC, Raleigh NC: Electronic Arts, Ubisoft shares rise following the disclosure of the planned deal. Investors piled into videogame stocks Tuesday after Microsoft Corp. said it plans to acquire Activision Blizzard Inc. Shares of Electronic Arts Inc. added 4.5% to $136.34, on pace for its biggest daily jump since April 2020. U.S.-listed …

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The Dominant Tech Trends Of 2022-See 15 Industry Experts Predictions

First American News LLC: Raleigh, NC Nothing in tech is certain—in the earliest days of 2020, few industry experts would have predicted that the focus for tech professionals in the coming months would be on the rapid deployment of tools to support widespread remote work. Still, barring unforeseen developments, leaders in the tech industry can …

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