Page 3 - Tech Stocks

Chinese economic data, rebound in tech stocks drive Asian shares higher

Asian shares headed for their best session in more than a fortnight on Tuesday after better than expected Chinese economic data and a rebound in China tech shares

Global stocks mostly follow crude, yields lower; tech shakes it off

Global stocks mostly fell Tuesday along with bond yields and crude prices, as China's latest tech crackdown and expectations of a hawkish Fed report waved red flags at investors

Asian share markets open higher, but China tech worries weigh on Hong Kong

Chinese technology stocks remain under the microscope on Tuesday after the Cyberspace Administration of China ordered an investigation into Didi Global Holdings just days after it listed on NYSE

Indian shares open flat as pharma boost offsets losses in tech stocks

Indian shares were largely unchanged on Monday, as gains in pharmaceutical stocks and heavyweight Reliance Industries were offset by losses in information technology stocks

Indices ride high on surge in technology stocks; Infosys rises 3.75%

The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790

Wall Street gains as easing of US bond yields boosts tech-related stocks

Wall Street's main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data

Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates

Strong deal wins across segments will be key to HCL Tech's revenue growth

Higher investments and muted growth in the products business can dent margins

Wall Street Week Ahead: Tech retakes market lead as investors eye yields

One of the key drivers of the move in tech has been the Treasury market

S&P 500 hits new high by gains in tech stocks after Fed keeps rates low

(Reuters) - The benchmark S&P 500 hit a record high on Thursday, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to keep interest rates low until the economic recovery is more secure.

Tech stocks drag Wall Steer lower in choppy trade

NEW YORK (Reuters) - The Nasdaq slid on Thursday as investors sold technology shares and bought underpriced stocks likely to do well on expectations the U.S. economy grows at its fastest pace in decades this year.

Accenture beats quarterly revenue estimates on strength in cloud

More businesses used its digital services to shift operations to the cloud

Asian stocks up as Joe Biden signs stimulus; lower yields boost tech

MSCI's broadest gauge index of Asia-Pacific shares outside Japan gained 0.45% on Friday morning, supported by tech gains

Post stimulus progress, Nasdaq futures slide 2% on inflation jitters

Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1.3% and 3%

Private sector's cost efficiency drive aiding Siemens' profitability

Acquisition of C&S Technologies is seen margin accretive and will augment exports

World's biggest wealth fund dumps 15 stocks on ethical grounds

The Oslo-based fund generated $123 billion in returns in 2020, marking its second-best performance ever thanks in large part to tech stocks

Wall Street opens lower as technology stock declines resume

High-flying growth stocks continued to be pressured by valuation concerns

Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs

Technology firm Honeywell on Wednesday announced setting up of a new segment under brand name Impact

Tech selloff hits Nasdaq, Jerome Powell comments limit declines

(Reuters) - The Nasdaq index fell in volatile trading on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, although Federal Reserve Chairman Jerome Powell's comments on the economy helped ease some selling pressure.

Asian shares mostly higher amid coronavirus vaccine optimism

Asian shares were mostly higher Tuesday despite a sell-off of shares in technology companies on Wall Street. Japanese markets were closed for a national holiday. South Korea's Kospi slipped 0.4% in morning trading to 3,066.60. Australia's S&P/ASX 200 gained 0.6% to 6,821.70. Hong Kong's Hang Seng jumped 1.2% to 30,681.83, while the Shanghai Composite rose 0.3% to 3,653.62. Thankfully, for society at large, there is more optimism than fear today, with vaccines showing scientific results on the ground that validate efficacy and effectiveness over transmission, leading the world back to normality starting soon, said Stephen Innes, chief global markets strategist at Axi. Although the world's economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines is raising hopes for a recovery from the pandemic. On Wall Street, the S&P 500 fell 0.8% to 3,876.50, extending its losses to a fifth straight day. The benchmark index was just about evenly split ...