The so-called 'Magnificent 7' of U.S. megacap tech stocks has retreated sharply as first-quarter earnings updates kick off this week, with AI-chip star Nvidia swooning 10% on Friday after a nervy week for the sector. But with four of the Magnificent 7 due to report corporate updates this week - Tesla, Meta, Microsoft and Alphabet - the alarming recoil in tech behemoths is now top of mind. The 10% drop of artificial intelligence bellwether Nvidia on Friday is perhaps the most eye-catching move of a pretty dour week for sector.
Jennison Associates LLC lifted its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 180.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,010,943 shares of the real estate investment trust’s stock after acquiring an […]
Telemus Capital LLC purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,730 shares of the real estate investment trust’s stock, valued at approximately $980,000. A number of […]
Big Tech Swoons as Q1s Lurk; Nvidia Decimated newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.
Morning Bid: Big Tech Swoons as Q1s Lurk, Nvidia Decimated usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.