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Tech Roundup – Volatility Abounds Across The Sector

Financial markets saw significant turbulence recently as geopolitical strains in the Middle East shook investor confidence, with impacts resonating across various sectors including cryptocurrency and technology.

crypto technology innovations 2023
Asktraders News Team
Does Reddit Stock (NYSE:RDDT) Need A Second Look One Month On From IPO

Reddit shares (NYSE: RDDT) have been trading in a much more stable range since the post IPO hype has settled. One month on, we take a look at the stock to see what markets are making of RDDT.

Reddit
Asktraders News Team
Boeing Struggling To Shift Sentiment As 787 Dreamliner Productions Slow

After a 2024 that has delivered not much but turbulence for Boeing shareholders, the wait for positive news that could help shift the tide of sentiment goes on. In a recent

Boeing stock chart
Asktraders News Team
Wall Street Eyes the Clock: NYSE Contemplates 24/7 Trading to Rival Crypto

The New York Stock Exchange (NYSE), under the stewardship of its owner Intercontinental Exchange (NYSE:ICE), is contemplating a transition towards round-the-clock trading.

Asktraders News Team
S&P 500 Breaks Losing Streak As Big Names Slated To Report Today

US markets closed green on Monday, with all the major indices ending the day in positive territory. Despite not being the largest gainer on the day, the S&P 500 has caught the eye, due to the closing mark back above the p

US Federal Reserve Building
AskTraders Team
Is SoundHound AI (NASDAQ: SOUN) A Name To Follow Through Earnings?

The artificial intelligence (AI) industry has faced a lot of attention over the last year to 18 months. Such a rapid ascent is bound t

Artificial Intelligence
Asktraders News Team
An Emerging Powerhouse in Data Center Infrastructure – More than 500% in 12 months

In an era where artificial intelligence (AI) is seen as a driver of technological advancement, industries across the globe are rapidly

Vertiv Holdings
Asktraders News Team
Starbucks Stock Brewing Potential Despite Current Volatility

Investors searching for attractive market opportunities might find a blend of potential and risk in the current state of Starbucks Corporation (NASDAQ: SBUX). Falling by 19.4% in the last year, the popular coffee chain's shar

Starbucks coffee outlet
Asktraders News Team
Big Week Ahead For NASDAQ Earnings – Tech Reporting

Investors brace themselves for a significant week on Wall Street as earnings season progresses, with four of the tech industry's heavyweights —

crypto technology innovations 2023
Asktraders News Team
Tech Diversifiers: Vanguard Information Technology ETF Vs ARKK YTD

In the world of tech investing, ETFs outside of ARKK often have to settle for second fiddle when it comes to media exposure. With Cathie Woods' fund down almost 17% in 2024, we take a look at how the Vanguard Information Tech

Asktraders News Team
Netflix Watchers Mixed In Analysis – Reporting Metrics Set To Change In 2025

In what has come as a surprising turn of events for the streaming giant, Netflix has taken a couple of downgrades from market analysts following its Q1 2024 earnings report. Despite posting robust first-quarter results, with

Netflix shares
Asktraders News Team
Michael Saylor’s Confidence in Bitcoin Faces Scrutiny Amid Downturn For MicroStrategy

MicroStrategy Incorporated's (NASDAQ: MSTR) stock performance is up more than 2% as we get towards the end of today's session, and this will be welcome news to holders. In the previous 5 days it has been a bitter pill to swal

Microstrategy office
Asktraders News Team
VIX Rises 24.7% Over 1 Month – “Fear Gauge” Index Scrutinised As Rate Cuts Pushed

Wall Street's CBOE Volatility Index, popularly known as the VIX or "Fear Index," has experienced a substantia

Asktraders News Team
ARKK Down 10% Over 5 Days – What Are The Top Holdings Pulling It Down?

As the financial markets navigate through an uncertain landscape for now, investors in the ARK Innovation ETF (NYSEARCA

Asktraders News Team
Apples CEO Tim Cook’s Southeast Asia Tour Hits Singapore – $250 Million Expansion Announced

In a significant move within the technology sector, Apple Inc. has recently announced plans to channel more than $250 million into

apple store aapl
Asktraders News Team
Analyst Sees 30% Upside In Amazon (NASDAQ:AMZN) – Street Remains Bullish

As earnings season gets firmly into swing, we take a look at one of the Magnificent 7 two weeks out from its' own earnings date (April 30th). A recent letter to shareholders from the Amazon CEO has set tongues wagging, and tr

Asktraders News Team
Analysts React To Goldman Sachs Q1 2024 Earnings, Raising Targets

Goldman Sachs Group, Inc.'s (NYSE:GS) share price has had quite the tumultuous past 5 days with it's share price dropping 7.63 points at 1.89%. Despite the range of movement experienced this last week, their YTD is still on t

goldman sachs
Asktraders News Team
Is Meta Platforms Poised for Another Earnings Beat?

As Meta Platforms Inc (NASDAQ: META) prepares to unveil its quarter one (Q1) 2024 financial results on April 24 (after market close)

Meta Platforms Office
Asktraders News Team
Meta Platforms Pauses Threads App Operations in Turkey

In adherence to regulatory demands, Meta Platforms Inc. (NASDAQ: META) has announced its decision to temporarily cease the operation

Asktraders News Team
Ascent and Decline: Trump Media’s Stock Falters

Investors in Trump Media & Technology Group (NASDAQ: DJT) have witnessed a dramatic descent of the company's stock, with it closing down 18.35% on Monday, at $26.61. In early pre-market trading today DJT stock tries to fi

Asktraders News Team
Rivian (NASDAQ:RIVN) Shares Dip Amid EV Market Shakedown and Competition Heat

The electric vehicle (EV) market has been witnessing a remarkable change, as reflected in the recent performance of Rivian's stoc

Rivian truck
Asktraders News Team
Netflix Stock A Perfect 10 In Analyst Price Upgrades, No Magnificent 7

Netflix stock (NASDAQ: NFLX) started the week on a sour note, with NFLX share price down 2.52% to begin the week. The yearly ascent of the stock has been as impressive as anything we have seen from Netflix for quite some time

Netflix shares
Asktraders News Team
JPMorgan Chase Shares (NYSE: JPM) Fighting Back After Red Friday

JPMorgan Chase & Co. (NYSE:JPM) found itself at the centre of an unexpected downturn after it posted encouraging earnings figures only to see its stock waver in response. Despite delivering an EPS of $4.63 against a cons

Asktraders News Team