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Asset manager says the S&P 500 is primed for a rally — and reveals his top stock picks
World

Asset manager says the S&P 500 is primed for a rally — and reveals his top stock picks

The S & P 500 — down about 20% so far this year — is on pace for its worst first half of the year since 1970. But fund manager Robert Luna believes it could be primed for a rally. “It’s definitely time for a rally talk because there’s a lot of pessimism out there right […]

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Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
Technology

Job cuts hit cybersecurity industry despite surging growth from ransomware attacks

A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks has forced its clients to bolster spending on security systems, putting the security software company […]

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Stocks making the biggest moves midday: Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more
Finance

Stocks making the biggest moves midday: Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more

Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies — Solar stocks jumped after the Biden […]

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Stocks making the biggest moves premarket: Turning Point Therapeutics, Lululemon, RH and others
Finance

Stocks making the biggest moves premarket: Turning Point Therapeutics, Lululemon, RH and others

Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments. Lululemon (LULU) – Lululemon shares rose […]

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Stocks making the biggest moves after hours: Lululemon, RH, Okta and more
Finance

Stocks making the biggest moves after hours: Lululemon, RH, Okta and more

People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Check out the companies making headlines in extended trading. Lululemon Athletica — Shares of the athleisure […]

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Stocks could build on gains in the week ahead as investors await Friday’s jobs report
World

Stocks could build on gains in the week ahead as investors await Friday’s jobs report

Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. All three major indice scored big gains in the past week, each rising higher than 6%. Both the S&P 500 and Nasdaq Composite broke a seven-week losing streak, while it had been eight weeks of […]

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Microsoft launches cybersecurity services to help clients fight off ransomware and other attacks
Technology

Microsoft launches cybersecurity services to help clients fight off ransomware and other attacks

Satya Nadella, CEO of Microsoft CNBC Microsoft’s security business is growing faster than any of its main products, and now the company is adding heft to its offerings with three new services designed to help organizations spot and respond to cybersecurity incidents. Microsoft is among the leaders in cloud software and infrastructure, which means its […]

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Microsoft’s  billion cybersecurity business is giving investors new reason for optimism
Technology

Microsoft’s $15 billion cybersecurity business is giving investors new reason for optimism

Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella told analysts on an earnings call that the operation had reached $10 billion in annual […]

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These stocks look attractive in a beaten-down tech sector, analysts say
World

These stocks look attractive in a beaten-down tech sector, analysts say

The tide is turning for tech stocks, according to a number of analysts who reveal their top stock picks in the sector. Source

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Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax
Business

Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax

A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares dipped more than 8% after reporting a beat on revenue but a miss on […]

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