tech stocks Tech Stocks Drop Sharply in Healthy Market Correction Technology stocks experience a significant sell-off as market strategists describe the pullback as a natural correction to recent excessive speculation. Major companies like Apple and Tesla lead the losses amid overbought market conditions.
salesforce Salesforce Joins Dow Jones as Index Drops ExxonMobil, Pfizer, and Raytheon The Dow Jones Industrial Average undergoes a major shakeup by adding cloud software giant Salesforce and removing three legacy industrial stocks. This historic shift highlights the growing dominance of the tech sector over traditional oil and pharmaceutical industries.
apple Apple Reaches Historic $2 Trillion Valuation Amid Economic Struggles Apple becomes the first U.S. publicly traded company to hit a $2 trillion market cap, doubling its valuation in just over two years. This milestone contrasts sharply with a struggling economy that sees jobless claims climb back over one million.
apple Apple Reaches $2 Trillion Valuation as First U.S. Company Apple reaches a historic $2 trillion market value, becoming the first American publicly traded company to achieve this milestone. The tech giant doubles its valuation just two years after crossing the $1 trillion mark.
apple Apple Crosses Historic $2 Trillion Market Valuation Apple briefly surpasses a $2 trillion market capitalization as a broader tech rally drives its stock up nearly 60% this year. This massive valuation milestone benefits the entire startup ecosystem by boosting private market confidence.
ipo Asana and Palantir Highlight a Packed Week of Tech IPO Debuts The stock market sees a surge of new public offerings this week, led by high-profile enterprise software companies Asana and Palantir. These major debuts bring renewed investor attention to the tech sector's public market activity.
apple Apple Approves Four-for-One Stock Split to Lower Share Price Apple announces a four-for-one stock split that makes individual shares more affordable for everyday investors. The technology giant distributes the new shares at the end of August.
microsoft Microsoft Surpasses Q4 Expectations as Cloud and Gaming Revenue Soar Microsoft exceeds Wall Street estimates for its fiscal fourth quarter, driven by significant growth in its cloud computing and gaming divisions. Despite the strong earnings report, the company's stock drops slightly in after-hours trading.
apple Apple Warns of Revenue Shortfall as Coronavirus Disrupts iPhone Production Apple admits it will miss its March quarter revenue guidance due to coronavirus-related iPhone supply shortages and dropping consumer demand in China.
microsoft Microsoft Lowers Revenue Expectations Due to Coronavirus Supply Delays Microsoft announces it will miss quarterly revenue guidance for its Windows-heavy segment as supply chain recovery slows. The tech giant joins Apple in feeling the financial sting of the COVID-19 outbreak.
apple Tech Stocks Plummet as Coronavirus Fears Disrupt Global Supply Chains Apple leads a widespread tech stock decline as coronavirus fears threaten to delay new iPhone production and disrupt global supply chains. Major Bay Area tech companies experience significant losses amid growing concerns about the disease's international spread.
nvidia NVIDIA Smashes Records with $22.1B Quarterly Revenue Driven by AI NVIDIA reports massive growth for the fourth quarter of fiscal 2024, earning $22.1 billion in revenue largely due to surging data center demand. CEO Jensen Huang declares that accelerated computing and generative AI have officially reached a global tipping point.
tech stocks Top Tech Firms Reach Combined $5 Trillion Value in Record 2019 Run The largest U.S. technology companies finish 2019 with a combined market value near $5 trillion following an exceptional year of stock market growth. The tech-heavy Nasdaq Composite rises 35 percent, while cloud software stocks experience even greater gains.
cloudflare Cloudflare Seeks Public Listing With Strong Revenue Growth Cloudflare officially files for an IPO on the New York Stock Exchange under the ticker symbol "NET," showcasing impressive revenue growth despite ongoing net losses. The web infrastructure company also acknowledges political controversies involving extremist clients as a significant business risk.
uber Uber Posts Record Quarterly Loss as Expenses Outpace Revenue Growth Uber reports its largest quarterly loss in company history, driven by significant stock-based compensation costs following its recent IPO. The ride-hailing giant continues to prioritize growth over immediate profitability.