Trade Desk Surges After ‘Standout’ Results. Here’s What Wall Street Thinks

Text size Trade Desk CEO and founder Jeff Green. The Trade Desk Trade Desk stock soared Wednesday after the advertising-technology company delivered solid quarterly results despite a challenging environment. The numbers pushed analysts to raise their targets for the share price. In morning trading, shares of Trade Desk (ticker: ) rose 34.8%, to $73.43—the largest … Read more

Microsoft Corp. stock rises Thursday, outperforms market

Shares of Microsoft Corp. MSFT, +0.42% inched 0.42% higher to $283.65 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.08% to 4,151.94 and Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 32,726.82. This was the stock’s second consecutive day … Read more

Microsoft Corp. stock falls Monday, underperforms market

Shares of Microsoft Corp. MSFT, -0.97% shed 0.97% to $278.01 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA, -0.14% falling 0.14% to 32,798.40. The stock’s fall snapped a three-day winning streak. … Read more

How Much More Pain Can The Stock Market Bears Take?

Bull and Bear Symbol – Stock Market Concept. getty There was no doubt at the start of last week that both traders and investors were worried about the stock market ahead of the FOMC meetings as well as big tech earnings. The Wall Street Journal commented that a “mixed set of earnings reports traced an … Read more

Opinion: Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

After super charged, double-digital growth during the pandemic, the results from the five biggest US tech giants this week showed a slowdown as they grapple with inflation, looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because their size shows their strength. During the last week, all of Big … Read more

PayPal Is Being Targeted by Activist Elliott. Here’s Why.

Text size PayPal shares have suffered this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PYPL) had been a pandemic darling as households increasingly shopped online but shares have slid more than 60% this year as people returned to their … Read more

Opinion: Google and Microsoft earnings show the bar has been lowered for Big Tech

Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours trading. Amid troubling economic signs, tech stocks have been battered so far this year, and fears about a slowdown among Big Tech names had Wall … Read more

Shopify to Lay Off 10% of Workers in Broad Shake-Up

Shopify is cutting roughly 1,000 workers, or 10% of its global workforce, rolling back a bet on e-commerce growth the technology company made during the pandemic, according to an internal memo. Tobi Lütke, the company’s founder and chief executive, told staff in a memo late Tuesday that the layoffs are necessary as consumers resume old … Read more

A 3-Day Tech Earnings Deluge Begins. Here Are the Key Issues to Track.

Microsoft and a slew of other tech giants are set to report earnings this week. Jeenah Moon/Getty Images Text size Over the next three days, investors will be bombarded by June quarter earnings reports from the sector’s biggest and most important players. On Tuesday, Microsoft (ticker: MSFT) and Alphabet (GOOGL) will report results. On Wednesday, … Read more

A 3-Day Tech Earnings Deluge Begins. Here Are the Key Issues to Track.

Text size Microsoft and a slew of other tech giants are set to report earnings this week. Jeenah Moon/Getty Images Over the next three days, investors will be bombarded by June quarter earnings reports from the sector’s biggest and most important players. On Tuesday, Microsoft (ticker: MSFT) and Alphabet (GOOGL) will report results. On Wednesday, … Read more