Tag: tech stocks

Reddit Joins S&P 500, Shares Jump 11% After Months of Speculation

Reddit will join the S&P 500, sending shares up about 11% after hours, though analysts flag concerns over its growth and AI-licensing revenue.

Oracle Stock Falls as AI Spending Concerns Keep Investors on Sidelines

Oracle shares slide as uncertainty over its AI spending plans keeps investors cautious, reviving debate over returns on heavy tech infrastructure outlays.

Spotify Shares Slide as Profit Forecast Disappoints and User Growth Cools

Spotify shares fell after a weaker-than-expected profit forecast and slowing user growth in North America and Europe rattled investors.

Meta Shares Slide Nearly 8% After Earnings Miss Overshadows Zuckerberg’s AI Push

Meta Platforms stock tumbled nearly 8% after second-quarter earnings missed forecasts, undercutting Mark Zuckerberg's public campaign promoting AI.

US Stock Futures Climb as Microsoft Surges on Strong Earnings After Fed Selloff

US stock futures climbed as Microsoft jumped on strong earnings, helping investors recover from a selloff after the Federal Reserve held rates steady.

Apple Becomes Second Company to Reach $5 Trillion as Investors Retreat from AI Stocks

Apple became the second company to touch a $5 trillion valuation as investors rotated out of AI and semiconductor stocks amid a broader tech sell-off.

Google and Tesla Shares Slide as Investors Question Timing of AI Payoffs

Alphabet and Tesla shares dropped as investors questioned when heavy artificial intelligence spending by major tech firms will translate into profits.

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