With Trump's inauguration comes the support of many tech giants. From Tiktok CEO Shou Chew to Amazon's Jeff Bezos, everyone wants the new President's favor. What could Donald Trump give them that has them so invested?
Elon Musk said there is a path for Tesla to become worth more than the next five most valuable companies combined. That’s Apple, Nvidia, Microsoft, Amazon.com, and Alphabet. Their market values total roughly $15 trillion.
Shares of an Ohio firm that makes the paper filler that prevents items from jostling around in delivery boxes have risen more than 25% after it said Amazon.com is taking a stake in the firm. Ranpack Holdings said in a securities filing that the e-commerce giant has agreed to buy a warrant for 18.
However, the U.S. stock market could move sharply on Jan. 29 and Jan. 30 based on commentary from the Federal Reserve, and earnings results from several "Magnificent Seven" companies: Apple ( AAPL 3.65%), Meta Platforms ( META 2.19%), Microsoft ( MSFT 2.91%), and Tesla ( TSLA 0.24%). Read on for details.
The Consumer Discretionary Select Sector SPDR Fund tracks the Consumer Discretionary Select Sector Index, encompassing industries such as retail, media, hotels, leisure, apparel, automobiles, and diversified consumer services. Despite weakening sentiment indicators, the ETF recently tested its uptrend support near $220 and held firm.
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple earnings.
Tesla loses $15 billion in brand value amid concerns over Musk’s political influence. Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look ...
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while Amazon's was marginally lower.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.
S&P 500 futures rise as Meta and Tesla gain, but Microsoft and Caterpillar drag the Dow. US stock market reacts to earnings, GDP data, and Fed outlook.
Dan Ives leads technology research at Wedbush Securities and has long been an Nvidia bull. Despite the news out of DeepSeek, Ives remains incredibly optimistic about Nvidia's future and just called the sell-off a "golden" opportunity to buy the dip.