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“Last month, NFLX was the largest overweight, but Hedge Funds slashed their position to just 0.8% as of the end of May. MSFT and AMZN were each north of 10%,” Jefferies strategist Steven G. DeSanctis ...
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Amazon.com, Inc. (NASDAQ:AMZN) appears to have fallen out of favor with investors after the latest earnings season.
Microsoft's Azure added more than $4 billion in cloud revenue in a single quarter. If AWS grows at 17% and Azure keeps cruising at 39%, Microsoft could become the largest cloud provider within four ...
Privately held SpaceX’s Starlink is currently the dominant provider of low-Earth orbit satellite internet, with a ...
There is a slight amount of selling in the beginning of the session on Monday, as the tech stocks – aka the favorites – are struggling to hang onto the previous momentum. At this point, the market ...
Bank of America's August Fund Manager Survey shows 91% of participants now see US stocks as overvalued — the highest reading ...