Category Archives: Technology

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 […]

Facebook’s Shift to Metaverse Expected to Eat Into Profits

First American News LLC-Raleigh, NC: Facebook parent Meta Platforms are expected to post rising revenues but a modest decline in profit as it ramps up spending to execute the pivot to the metaverse as outlined late last year by Chief Executive Mark Zuckerberg. In its first quarterly earnings since changing its name in October, Meta […]

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 […]

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 […]