Tech stocks pull Wall Street
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Momentum and valuation grades are given on a scale from A+ to F. An A+ momentum grade represents the highest flyer stock with the best momentum, while an A+ valuation grade indicates the most undervalued or “cheapest” stock. A lower valuation grade suggests the stock may be more overvalued relative to its peers.
(Fixes garble in lead) By Danilo Masoni MILAN, Feb 4 (Reuters) - A deep selloff in global software stocks entered a second day on Wednesday, reflecting growing concerns about how advances in artificial intelligence might impact these companies' livelihoods.
Beyond the “Magnificent Seven” names, Wall Street analysts see opportunities in software and specialized semiconductor plays.
Most REITs own real estate secured by long-term leases with tenants that occupy or operate those properties. Those leases provide the REIT with a stable income stream, which allows it to pay dividends and invest in new income-generating properties.
Melius Research's Ben Reitzes sees upside ahead for Nvidia, Broadcom and Microsoft as enthusiasm for makers of components that are in short supply winds down.
IT stocks crash: Indian IT stocks, including tech behemoths like Tata Consultancy Services, Infosys and Wipro, fell like ninepins in the early morning trade on Wednesday, February 4.
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"Existential concerns and momentum in other parts of the [tech] sector with a more visible path to monetizing AI — spilling into AI/Hyperscalers. Price action sets the (now cautious) narrative. AI itself faces question on adoption, leverage, circular financing, and overspending," he added.