Technology Select Sector SPDR Fund
We’re raising our price target on Amazon after its all-around killer quarter
Shares of Amazon rose after the tech giant reported stronger-than-expected first-quarter results, driven by a continued acceleration of growth in its Amazon Web Services unit. Revenue increased 17% year over year to $181.52 billion, beating the consensus analyst estimate of $177.3 billion, according to LSEG data. Earnings per share based on generally accepted accounting principles […]
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Jim Cramer reveals the secret to finding a winning tech stock in this market
CNBC’s Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally. “When it comes to tech companies, it’s not enough just to beat and raise anymore,” said the “Mad Money” host. “You need a shortage, or else your stock’s not gonna get much […]
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We toured an AI data center to see how our stock names make these facilities work
The part of artificial intelligence that often gets overlooked lives inside data centers like CoreSite’s sprawling complex just outside New York City. CEO Juan Font thinks of his company’s facilities like shopping malls. “You have multiple stores sharing the same building, the same power, the same cooling, but in the digital sense, as opposed to having […]
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Alphabet first-quarter results likely to show continued growth, boosted by cloud
Google CEO Sundar Pichai looks on during the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | AFP | Getty Images Alphabet is set to report its first-quarter earnings after the bell Wednesday. Here’s what Wall Street is looking for, according to analysts polled by LSEG: Earnings per share: $2.63 Revenue: […]
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Amazon set to report first-quarter earnings after the bell
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon is scheduled to report first-quarter results after the market close on Wednesday. Here’s what Wall Street […]
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Fed day, Starbucks earnings, UAE leaves OPEC and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I couldn’t help but feel a pang of déjà vu reading about Jimmy Kimmel’s return to the White House’s crosshairs. S&P 500 futures are little changed this morning. All three major averages logged a negative session yesterday. Here are five […]
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OpenAI looms over earnings from tech hyperscalers
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters With the four tech hyperscalers — Amazon, Alphabet, Meta and Microsoft — set to report quarterly earnings after the close, hovering over their results is […]
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Is Meta’s AI spending blitz working? The stock’s next move depends on the answer
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all […]
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Tech’s hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring
Sebastien Bozon | Afp | Getty Images The last time tech’s hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invaded Iran, causing oil prices to spike, and leading to a […]
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China’s tech play, U.S. high yield & own equities — 3 investment strategies from the studio
Markets are seeing a tepid start to trade in Europe, as investors digest the latest developments in the Iran war. Anticipation is also building ahead of major earnings this week, including five of the “Magnificent Seven,” as well as rate decisions from the Federal Reserve, the Bank of England, the ECB and the Bank of […]
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