|Bid||164.91 x 1100|
|Ask||165.16 x 900|
|Day's Range||163.54 - 165.45|
|52 Week Range||112.97 - 168.04|
|PE Ratio (TTM)||31.30|
|YTD Daily Total Return||31.61%|
|Beta (5Y Monthly)||1.23|
|Expense Ratio (net)||0.10%|
Palo Alto Networks will replace Dish Networks in the S&P 500 on June 19.
Tech stocks are racing past the broader market today. Nvidia call options hit one of the highest levels on record in recent sessions, as did activity in the Technology Select Sector SPDR Fund, a popular ETF tied to the sector, according to Cboe Global Markets data. Calls trading in Advanced Micro Devices shares hit the highest level of the year this week.
Yahoo Finance Live’s Brad Smith breaks down how stocks are moving shortly after the opening bell on Thursday.
Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell on Wednesday.
Yahoo Finance Live’s Brad Smith breaks down how stocks are moving following the opening bell on Monday.
Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell on Friday.
Tech stocks have rebounded in the first half of the year, with the S&P 500 technology ETF (XLK) up almost 150%, after the industry was slammed by rising interest rates in 2022. With the Federal Reserve's next policy announcement coming up in May, investors are looking for light at the end of the rate-hike tunnel. Kenny Polcari, Kace Capital Advisors Managing Partner, tells Yahoo Finance that a Fed pause could be a benefit for the tech industry. Last week's weekly jobless claims bolstered bets that the Fed may pause its interest rate-hike cycle in an effort to tame inflation. "I think the cuts come in 2024, and then I would expect tech to continue to perform well," Polcari says. If the Fed is forced into another position to raise rates due to rising inflation, Polcari says it would be bad for the industry. "Tech isn't going to like that, and investors are going to take money out [of tech]...and a bunch of areas of tech...will immediately come under pressure," he says. Polcari spoke with Yahoo Finance's Brad Smith and Rachelle Akkuffo. Watch the entire interview here. Key Video Moments 00:00:03: Tech bull run 00:00:25: Fed pause camp 00:00:40: Inflation & tech
While tech companies seek opportunities to pile into the A.I. craze, Coursera CEO Jeff Maggioncalda is voicing some caution on this new tech trend. As generative A.I. makes its way into the ed-tech and online education sector, Coursera’s chief executive officer says he’s “pretty worried” about the danger of artificial intelligence. Currently Coursera (COUR) is implementing A.I. as a learning coach- essentially acting as a “really smart tutor that can read all the material and explain it,” says Maggioncalda. However according the chief executive, caution with artificial intelligence comes with system controls. Once A.I. starts controlling systems, Maggioncalda says one has to be thoughtful about the “optimization that A.I. is pursuing...and what is our ability to monitor and control" its capabilities. Click here for Yahoo Finance's Brad Smith and Brian Sozzi's full interview with Coursera CEO Jeff Maggioncalda. Key video moments:00:00:06 Coursera's use of A.I.00:00:23 A.I. concerns
The tech space had a difficult time last year, with companies like Meta (META), Amazon (AMZN) and Microsoft (MSFT) grappling with economic headwinds and mass layoffs. IBM Vice Chairman Gary Cohn told Yahoo Finance Live that the sector "understood that we were going into a tougher economic situation." "We've seen the technology sector taking pretty aggressive action in rightsizing their companies; trying to figure out where the economy is going," The Former Director of the National Economic Council explains. "And the market has responded," he continues. "Technology has been a good place to be so far in 2023," Cohn says; adding "I think the biggest companies at the end of the day will be the winners in this space." You can watch Julie Hyman and Brad Smith's full interview with Gary Cohn here. Key Video Moments: 00:00:02 - Tougher economic situation 00:00:56 - Tech rightsizing 00:01:24 - Tech is a good place to be in 2023
Yahoo Finance Live’s Brad Smith breaks down how markets are moving following the opening bell on Tuesday.
Companies within the S&P 500 are expected to report the weakest earnings growth in nearly three years.
Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell on Thursday, a day after the Fed announced another interest rate hike.
Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell.
The changes to the classification standard will have the biggest effects on five sectors.
Yahoo Finance's Seana Smith looks at how markets are performing in the final hour of trading on Wednesday.
ETF investors may want to revisit AI-driven funds such as BOTZ, LRNZ.
Yahoo Finance Live’s Brad Smith breaks down how stocks are moving after the opening bell.
Yahoo Finance tech editor Dan Howley details how more tech companies like Meta are looking towards artificial intelligence and virtual reality as the next big trends in the industry.
What to know in markets on Thursday, January 19, 2023.
In his latest op-ed, President Biden has called for political unity from lawmakers to reform Section 230 in order to better regulate ever-expanding tech companies.
JMP Securities Equity Research Analyst Nick Jones joins Yahoo Finance Live to discuss the tech sector, Amazon's wave of layoffs, and the performance of Etsy stock.
Greycroft Board Partner and former Pinterest Head of M&A Kamran Ansari joins Yahoo Finance Live to weigh in on the state of fintech, B2B payments, and M&A deals in the tech space.
Yahoo Finance tech reporter Allie Garfinkle details the number of layoffs and hiring freezes that occurred at tech companies throughout 2022 and whether more should be expected in 2023.
Yahoo Finance's Jared Blikre breaks down how S&P 500 sectors are trading on Thursday as well as the relative performance between the Dow and the Nasdaq.
Yahoo Finance's Akiko Fujita breaks down how stocks are moving on Tuesday in early afternoon trading.