U.S. stocks were mostly higher Wednesday as investors shook off disappointing results from tech behemoths Microsoft and Alphabet, while the Bank of Canada delivered a smaller-than-expected rate hike. How are Read more
Tag: tech
Nasdaq leads U.S. stocks lower at the open as big tech earnings disappoint
U.S. stocks opened mostly lower on Wednesday as earnings from Microsoft MSFT, -7.83% and Alphabet GOOG, -7.77% disappointed investors, dragging on the Nasdaq. The S&P 500 SPX, -0.33% fell 33 Read more
Big Tech has been an earnings refuge for years, but safety is no longer a sure thing
The biggest week of third-quarter earnings season will also likely be its most anxiety-ridden, as an onslaught of onetime surefire tech giants prepare to report amid staffing cutbacks and signs Read more
Opinion: Tech earnings are about to dive, and there’s no life preserver in sight
What a difference a year makes. Now, a slow release of air from a balloon would be a welcome relief from the sonic boom of tech stocks tanking and earnings Read more
Tech hype vs. reality: There’s no need to rush Meta’s Quest Pro or 8K TV into people’s hands, says analyst
Facebook parent Meta made its big virtual reality play last week with the launch of the company’s new high-end Quest Pro headset. But Paolo Pescatore, technology analyst at PP Foresight, Read more
J.D. Vance tells MarketWatch he wants to end tax loopholes for tech companies and ban congressional stock trading
J.D. Vance, an Ohio Republican in a tight U.S. Senate race against Democratic Rep. Tim Ryan, indicated he would support the bipartisan push to ban members of Congress from trading Read more
How online brokers and the tech bubble set the tone for decades to come
On an October morning 25 years ago, MarketWatch started providing real-time news and market data to the general public on the internet. Individuals were fleeing their stockbrokers for new online Read more
SEC to reopen comment periods for several rules after tech glitch
The Securities and Exchange Commission announced Friday that it reopened the public comment period for 11 rulemaking releases after a “technological error” that resulted in some comments getting lost. The Read more
Samsung warns of third-quarter profit slump as consumers cut back on tech spending
SEOUL—Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses feel the effects of curbed consumer spending on tech products in the midst Read more
U.S. stock futures weaken ahead of jobs report, as AMD warning weighs on tech listings
U.S. stock futures edged lower Friday ahead of the pivotal jobs report, with investors also weighing a profit warning at a leading microchip maker. What’s happening Futures on the Dow Read more