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Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback. Microsoft shares extended their rally for the seventh consecutive session on Tuesday, fueled by the company’s announcement of a 10% increase in…

ByPexecoSeptember 18, 20240Comments

Stocks

Why Magnificent Seven Stocks Just Had Their Worst Day on Record

KEY TAKEWAYS The Roundhill Magnificent Seven ETF suffered its largest daily decline on record on Wednesday. Investors fled America's tech giants after earnings reports from Tesla and Alphabet raised concerns about the cost of artificial intelligence investments and the sustainability of the Mag Seven's blistering earnings growth. Still, the group is expected to report that…

ByPexecoJuly 25, 20240Comments

Stocks

Elon Musk’s xAI Partners with Dell and Super Micro for AI Hardware

KEY TAKEWAYS Elon Musk announced that Dell Technologies and Super Micro Computer will be providing hardware for his artificial intelligence (AI) project. Musk said the two companies would be involved in assembling the supercomputer that his startup, xAI, is building. Dell CEO Michael Dell also noted that Dell was working with Nvidia to create a…

ByPexecoJune 21, 20240Comments

Stocks

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership

KEY TAKEWAYS As Nvidia, Microsoft, and Apple jostle for the mantle of the world’s most valuable company by market capitalization, watch out for these key chart levels. Monitor if buyers can defend an uptrend line in Nvidia shares around $87 during periods of profit taking. A breakdown below a key uptrend line in Microsoft shares…

ByPexecoJune 19, 20240Comments

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Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Why Magnificent Seven Stocks Just Had Their Worst Day on Record

Elon Musk’s xAI Partners with Dell and Super Micro for AI Hardware

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership