May 09, 2024 Meta and Alphabet’s new dividends reward shareholders—especially the founders After the tech giants announced their first-ever stock dividends, Mark Zuckerberg, Larry Page, and Sergey Brin, each stand to make hundreds of millions of millions a year. BY Allan Sloan Paying a dividend for the first time is a big deal for a giant … Continue reading Meta and Alphabet’s new dividends reward shareholders—especially the founders
April 26, 2024 Tech earnings week turns around after Google, Microsoft, and Snap delight Wall Street After a weak start to earnings season from Netflix and Meta, tech companies saw their fortunes reverse to close out the week on a high note. BY Michael Grothaus Until late (May 15, 2024), major tech stocks were having a … Continue reading Tech earnings week turns around after Google, Microsoft, and Snap delight Wall Street
April 25, 2024 Alphabet and Microsoft earnings show AI is still Wall Street gold Investors have pummeled Meta for its AI spending, but are rewarding Alphabet, Microsoft, and Snap for doing the same. Here’s why. BY Chris Morris After Meta’s stock meltdown late Wednesday afternoon and Thursday, the tech sector is roaring back in after-hours trading … Continue reading Alphabet and Microsoft earnings show AI is still Wall Street gold
April 22, 2024 Big Six tech companies’ profit momentum could ‘collapse’ in 2024, UBS says The earnings momentum of the Big Six has experienced four distinct cyclical waves, UBS said. BY Reuters Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, … Continue reading Big Six tech companies’ profit momentum could ‘collapse’ in 2024, UBS says
