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Page 5 - Tech Stocks

Wall Street gains as easing of US bond yields boosts tech-related stocks

Wall Street's main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

Wall Street gains as easing of US bond yields boosts tech-related stocks
Updated On : 25 May 2021 | 8:44 PM IST

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data

Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data
Updated On : 29 Apr 2021 | 8:52 PM IST

Strong deal wins across segments will be key to HCL Tech's revenue growth

Higher investments and muted growth in the products business can dent margins

Strong deal wins across segments will be key to HCL Tech's revenue growth
Updated On : 25 Apr 2021 | 11:13 PM IST

Wall Street Week Ahead: Tech retakes market lead as investors eye yields

One of the key drivers of the move in tech has been the Treasury market

Wall Street Week Ahead: Tech retakes market lead as investors eye yields
Updated On : 17 Apr 2021 | 7:18 PM IST

S&P 500 hits new high by gains in tech stocks after Fed keeps rates low

(Reuters) - The benchmark S&P 500 hit a record high on Thursday, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to keep interest rates low until the economic recovery is more secure.

S&P 500 hits new high by gains in tech stocks after Fed keeps rates low
Updated On : 08 Apr 2021 | 7:38 PM IST

Tech stocks drag Wall Steer lower in choppy trade

NEW YORK (Reuters) - The Nasdaq slid on Thursday as investors sold technology shares and bought underpriced stocks likely to do well on expectations the U.S. economy grows at its fastest pace in decades this year.

Tech stocks drag Wall Steer lower in choppy trade
Updated On : 26 Mar 2021 | 2:46 AM IST

Accenture beats quarterly revenue estimates on strength in cloud

More businesses used its digital services to shift operations to the cloud

Accenture beats quarterly revenue estimates on strength in cloud
Updated On : 18 Mar 2021 | 6:11 PM IST

Asian stocks up as Joe Biden signs stimulus; lower yields boost tech

MSCI's broadest gauge index of Asia-Pacific shares outside Japan gained 0.45% on Friday morning, supported by tech gains

Asian stocks up as Joe Biden signs stimulus; lower yields boost tech
Updated On : 12 Mar 2021 | 9:13 AM IST

Post stimulus progress, Nasdaq futures slide 2% on inflation jitters

Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1.3% and 3%

Post stimulus progress, Nasdaq futures slide 2% on inflation jitters
Updated On : 08 Mar 2021 | 5:41 PM IST

Private sector's cost efficiency drive aiding Siemens' profitability

Acquisition of C&S Technologies is seen margin accretive and will augment exports

Private sector's cost efficiency drive aiding Siemens' profitability
Updated On : 02 Mar 2021 | 12:16 AM IST

World's biggest wealth fund dumps 15 stocks on ethical grounds

The Oslo-based fund generated $123 billion in returns in 2020, marking its second-best performance ever thanks in large part to tech stocks

World's biggest wealth fund dumps 15 stocks on ethical grounds
Updated On : 26 Feb 2021 | 2:50 AM IST

Wall Street opens lower as technology stock declines resume

High-flying growth stocks continued to be pressured by valuation concerns

Wall Street opens lower as technology stock declines resume
Updated On : 24 Feb 2021 | 8:43 PM IST

Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs

Technology firm Honeywell on Wednesday announced setting up of a new segment under brand name Impact

Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs
Updated On : 24 Feb 2021 | 7:24 PM IST

Tech selloff hits Nasdaq, Jerome Powell comments limit declines

(Reuters) - The Nasdaq index fell in volatile trading on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, although Federal Reserve Chairman Jerome Powell's comments on the economy helped ease some selling pressure.

Tech selloff hits Nasdaq, Jerome Powell comments limit declines
Updated On : 24 Feb 2021 | 1:10 AM IST

Asian shares mostly higher amid coronavirus vaccine optimism

Asian shares were mostly higher Tuesday despite a sell-off of shares in technology companies on Wall Street. Japanese markets were closed for a national holiday. South Korea's Kospi slipped 0.4% in morning trading to 3,066.60. Australia's S&P/ASX 200 gained 0.6% to 6,821.70. Hong Kong's Hang Seng jumped 1.2% to 30,681.83, while the Shanghai Composite rose 0.3% to 3,653.62. Thankfully, for society at large, there is more optimism than fear today, with vaccines showing scientific results on the ground that validate efficacy and effectiveness over transmission, leading the world back to normality starting soon, said Stephen Innes, chief global markets strategist at Axi. Although the world's economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines is raising hopes for a recovery from the pandemic. On Wall Street, the S&P 500 fell 0.8% to 3,876.50, extending its losses to a fifth straight day. The benchmark index was just about evenly split ...

Asian shares mostly higher amid coronavirus vaccine optimism
Updated On : 23 Feb 2021 | 4:02 PM IST

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

Info Edge stock rides high on hopes of economic revival, Zomato IPO
Updated On : 15 Jan 2021 | 11:56 PM IST

Best of BS Opinion: Optimism on renewables, digital governance, and more

Here's a selection of Business Standard opinion pieces for the day

Best of BS Opinion: Optimism on renewables, digital governance, and more
Updated On : 24 Nov 2020 | 6:59 AM IST

Characteristics of bubbles

There is no reason why the potential bubble in tech stocks will pop anytime soon

Characteristics of bubbles
Updated On : 24 Nov 2020 | 1:47 AM IST

High-flying US tech stocks get post-election lift, near new highs

Investors had been expected to sell high-flying tech stocks and lock in current capital gains tax levels ahead of a strong Democratic showing in the election

High-flying US tech stocks get post-election lift, near new highs
Updated On : 08 Nov 2020 | 7:35 AM IST

Wall Street drops at open as tech stocks slide, Covid-19 cases jump

The Dow Jones Industrial Average fell 86.84 points, or 0.33%, at the open to 26,572.27.

Wall Street drops at open as tech stocks slide, Covid-19 cases jump
Updated On : 30 Oct 2020 | 8:27 PM IST