Why Shares of Aspen Technology Rocketed Higher Today
The software provider eked out some revenue growth, and it guided for a solid year ahead.
Dow Jones Rallies 250 Points Thanks to Tech Giants Apple and Microsoft
Valuations are already stretched for the tech behemoths, but that didn't matter on Wednesday.
Why Shares of OneSpan Crashed Today
The company was forced to pull its guidance due to pandemic uncertainty.
Dow Jones Surges as Boeing Reports Cancellations, IBM Signs Hybrid Cloud Deal, and American Express Eyes Kabbage
Boeing stock rebounded even as the company lost more orders, IBM was up following a hybrid cloud win, and American Express is considering an acquisition.
Why GTT Communications Stock Tumbled Today
Some accounting problems have cropped up at the telecom company.
Why MicroStrategy Stock Jumped Today
The software company has a plan for its pile of cash.
Dow Jones Gains 300 Points; Apple Could Suffer From WeChat Ban; Microsoft's TikTok Deal Faces Long Odds
Apple's iPhones will become less desirable in China if it's forced to remove WeChat, and Microsoft's acquisition of TikTok's U.S. business may not pan out.
Why Shares of Avaya Holdings Jumped Today
A revenue beat and solid guidance propelled the stock higher.
Dow Jones Down on Jobs Report, China App Bans; Apple and Microsoft Stocks Are Biggest Losers
Job growth slowed in July, and two popular Chinese apps will be effectively banned in the U.S. in 45 days. The Dow's big tech components underperformed badly.
Why Shares of Applied Optoelectronics Jumped Today
The fiber-optic networking company is seeing strong demand from its data center and telecom clients.
Dow Jones Flat as Microsoft Eyes All of TikTok, Demand Possibly Slows for Home Depot
Microsoft is reportedly considering buying all of TikTok, and an analyst suggests sales at Home Depot weakened in July.
AMD's Notebook Market Share Gains Accelerate
The company is making significant gains, particularly in notebooks.
Dow Jones Jumps Despite Dismal Jobs Report; Disney Stock Soars, and Apple Stock Can't Keep Up
Investors were happy with Disney's results despite a steep revenue decline, and an analyst downgraded Apple on valuation.
Why New Relic Stock Crashed Today
Analysts see big risks despite a first-quarter revenue and earnings beat.
Dow Jones Rises as Disney Earnings Loom, Home Depot Expands Distribution Network
Disney's numbers are going to be rough this afternoon, and Home Depot is building three new distribution centers to handle increased demand.
Why Shares of Avid Technology Surged Today
While revenue took a tumble, the bottom line soared thanks to cost cuts.
Dow Jones Jumps 200 Points; Apple Buys Mobile Payments Start-Up; Microsoft Interested in TikTok's U.S. Operations
Apple could expand its mobile payments business, and Microsoft is in talks to acquire a wildly popular social media app.
S&P 500 Index Rises Thanks to Big Tech
Apple, Amazon, and Facebook far exceeded expectations when they reported on Thursday.
Dow Jones Slumps Despite Apple's Blockbuster Earnings; Caterpillar Stock Sinks on Weak Demand
Apple beat analyst estimates by a mile with its fiscal third-quarter results, and Caterpillar is suffering a steep drop in demand for its products.
Why National Instruments Stock Tumbled Today
The second quarter was a bit weaker than expected.