Alphabet, Microsoft lead technology stocks surge with AI-driven earnings
The stellar earnings reports from both tech giants assuaged concerns regarding the profitability of their significant AI investments, following Meta’s tepid forecast.
The stellar earnings reports from both tech giants assuaged concerns regarding the profitability of their significant AI investments, following Meta’s tepid forecast.
The ten-year US yields at 4.67% were around 1% lower Friday; however, yields were up nearly 1% to finish the week higher, whereas the 2-year US yields at 4.99% were up nearly one bps on the week, but down nearly one bps Friday.
Bill Gross, known as the “bond king,” advises investors to avoid tech stocks despite strong quarters from Microsoft and Alphabet, recommending value stocks instead, while questioning the appeal of bonds with current yields.
US inflation data also helped boost market sentiment
IT stock to buy after Q4 results 2024: Among Infosys, TCS, HCL Tech, and Wipro, the price patterns for Infosys and Wipro shares appear more favorable from a medium to long-term perspective, say experts
U.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data.
Gold appears to have assumed its age-old role as a safe haven and a store of value.
Source: Streetwise Reports 04/24/2024
Rob Isbitts joins analysts Amrita Roy, Uttam Dey, Emma Johnston, aka The Country Investor, and Mike Kehoe, The Undercover Investor to discuss current market trends and portfolio advice.
The tighter these two defensive assets move together, the more the S&P 500 tends to fall. And it’s sending a warning right now!
Costco is rolling out silver coins to lure investors and collectors, hoping to replicate its blockbuster success with gold bars and keep keep shoppers coming back for the “treasure hunt.”
The market is at a crossroads, transitioning into a new bull market. Investors should consider these unstoppable tech stocks for big gains.
Stocks are on pace for a modestly weekly gain ahead of a key March inflation report prior to the opening bell.
Microsoft and Alphabet hailed the emerging technology following strong earnings reports, bolstering shares for firms making key AI hardware like Nvidia and AMD.
Investing in A-rated tech stocks is the best way to beat the market in today’s technology-driven market. Here are seven ways to invest