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Nvidia Overtakes Apple as the Second Most Valuable Company on the US Stock Market

Shares of chipmaker Nvidia continued their climb on Wednesday, jumping 5.16% to reach an all-time record of $1,224.40. This pushed the company’s market cap past the $3 trillion mark for the first time ever, helping it surpass Apple as the second most valuable company...

Nasdaq Slips as Tech Earnings Roll In

The tech-heavy Nasdaq Composite closed 0.8% lower on Tuesday as markets digested the latest earnings reports from leading tech companies. The Dow Jones Industrial Average rose 0.4% during the session, while the benchmark S&P 500 remained flat. Having fluctuated between both sides of the flatline,...

Microsoft to Invest $3.2 Billion in UK in AI Push

Microsoft is planning to inject $3.2 billion over the next three years into the United Kingdom in an effort to foster artificial intelligence technology growth. The UK government has lauded this decision, claiming that Microsoft's investment will provide a solid foundation from which the...

Microsoft Stocks Rise Following Q3 Earnings

Microsoft shares rose by 3.6% during premarket trading on Wednesday after the company beat estimates on revenue and earnings per share. The company's third-quarter revenue of $56.5 billion beat estimates of $54.5 billion. Adjusted earnings per share of $2.99 beat expectations of $2.66 per share...

Stocks Dip Following Alphabet and Microsoft Earnings

Stocks declined on Wednesday after Microsoft and Google's parent company Alphabet released mixed earnings results. The S&P 500 slipped by 0.6% and the tech-heavy Nasdaq Composite declined by over 1%. The Dow Jones Industrial Average, in contrast, gained 0.2%. Following the latest corporate earnings,...

Nasdaq Leads Stock Gains as Alphabet And Microsoft Earnings in Focus

Stocks climbed higher on Tuesday led by a rise in tech shares as investors braced themselves for the release of second-quarter earnings from Microsoft and Google parent company Alphabet. The tech-heavy Nasdaq Composite Index advanced by 0.6%, while the Dow Jones was up by 0.3%...