Microsoft, Alphabet earnings fuel stock rally: Yahoo Finance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 70 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

Alphabet News

Artificial Intelligence,Microsoft,The Federal Reserve

All three of the major indexes (^DJI,^GSPC, ^IXIC) are jumping on better-than-expected quarterly results from Alphabet (GOOG, GOOGL) and Microsoft (MSFT...

). The earnings are providing evidence to investors that artificial intelligence is more than hype; there is a lot of cash being spent on the tech. Wall Street is also digesting another inflation report. The core March Personal Consumption Expenditures reading was slightly hotter than expected, but not enough to deter expectations that the Federal Reserve will eventually cut rates. Trending tickers on Yahoo Finance include Intel is one stock I reversed course on in a big way.

Are you looking for growth stocks? These two are proven winners with even more room to grow in the years and decades to come. The post 2 TSX Growth Stocks That Could Turn $10,000 Into $23,798 by 2030 appeared first on The Motley Fool Canada.SECTORFOCUS BLOG Oil stocks have enjoyed an impressive rally, and they are unlikely to gain much more. It starts with the price of oil.

They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home. Many retail investors got in when the company was a cornerstone of PC gaming, but the rise of AI has supercharged returns for longtime bulls.Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.

TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said. “It’s true,” CFO Glenn Brandt told analysts on the company’s first-quarter earnings call on Wednesday. “We are looking at raising a billion dollars in asset sales, predominantly real estate.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PCE reading, Microsoft, Alphabet jump on earnings: Yahoo FinanceInvestors are digesting the Fed's preferred inflation measure after the release of the Personal Consumption Expenditures (PCE) index.Big Tech is coming to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Meta, Chipotle, Ford earnings on tap, Tesla stock pops: Yahoo FinanceInvestors are keeping a sharp eye on earnings this afternoon, with Meta (META), Chipotle Mexican Grill (CMG), and Ford (F) all set to report their quarterly ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Super Micro Computer stock sinks, bitcoin trades higher ahead of halving: Yahoo FinanceShares of Super Micro Computer (SMCI) are plunging after the server company announced its third quarter earnings date, but didn’t pre-announce its results...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Trump Media stock falls, United Airlines earnings: Yahoo FinanceShares of Trump Media and Technology Group (DJT) are falling for a second day. This time, shares are sinking after the parent company of Truth Social...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Mortgage rates creep higher, CarMax stock plunges: Yahoo FinanceMortgage rates are on the rise. The average 30-year fixed mortgage rate rose to 6.88%, up from 6.82% last week. Mortgage News Daily is recording an even...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

GE stock split, Wall Street searches for gains: Yahoo Finance LiveGeneral Electric (GE) is finalizing its split into three separate public companies today. The energy business, GE Vernova (GEV), begins trading on the NYSE...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »