AMD’s shares hit another record on Monday, continuing to outperform its rival chipmaker Intel. Intel’s stock plummeted to end last week after delaying the launch of its 7-nanometer chip by six months. The two actions tell a very different story in the chip space. As AMD has recovered 49% this …
Read More »SAP says its Qualtrics unit will go public
SAP said Sunday it would sell some shares of its survey software unit Qualtrics in a US public market. The announcement comes less than two years after SAP announced a plan to buy Qualtrics for $ 8 billion, days before Qualtrics went public as an independent company. The move represents …
Read More »Tech stocks in two-week streak after Microsoft, Intel predicts
Satya Nadella, CEO of Microsoft Corp., gestures as she speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, Tuesday, January 21, 2020. Simon Dawson | Bloomberg | fake pictures Tech investors are getting a dose of reality after a historic run. …
Read More »Major tech stocks may start to sell, but investors shouldn’t panic
Investors who have major tech stocks in their portfolio should prepare for potential volatility this earnings season, CNBC’s Jim Cramer said Thursday. “If you want to have these stocks right now, you have to be willing to put up with a little bit of pain. You’ll have to see how …
Read More »Microsoft shares pull back from record as sole analyst downgrades after strong quarter
Shares of Microsoft Corp. retreated from record levels on Thursday when an analyst downgraded the shares despite Wall Street’s general agreement that the software giant was well diversified to handle the challenges posed by COVID-19. Microsoft MSFT, -4.12% Shares fell to an intraday low of $ 204.42 and last lost …
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