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☆ Jim Cramer: The tech tyranny is over. These are the stocks driving this market
▼ + stars: | 2022-10-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

The money went to the stocks of companies who buy their shares in the open market the way Silicon Valley issues it. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Apple better positioned than other mega-cap techs because of its cash, says Payne Capital's Garcia
▼ + stars: | 2022-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple better positioned than other mega-cap techs because of its cash, says Payne Capital's GarciaCourtney Garcia, Payne Capital Management senior wealth advisor, joins 'The Exchange' to discuss what she sees in Apple, Amazon and other mega-cap technology stocks.

☆ Nasdaq falls after Alphabet's earnings miss ignites worries about Big Tech's digital ad sales
▼ + stars: | 2022-10-26 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Nasdaq stock futures fell 1.5% in premarket Wednesday after Alphabet missed on earnings and revenue. YouTube's first-ever drop in ad revenue helped spark worries for 3Q Big Tech financial results this week. YouTube missing its targets could be a bad sign for other tech giants' digital ad revenue prospects, according to strategists. Other mega-cap tech stocks fell on the digital ad slowdown fears before the opening bell, with Meta Platforms and Amazon both dropping about 3.5%. Read more: Alphabet's earnings report confirmed a big ad spending slowdown, and that bodes poorly for Meta

☆ Earnings have been mostly good. Just avoid the tech wreck
▼ + stars: | 2022-10-26 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com time to read: +4 min

Corporate earnings have actually been, to quote "Curb Your Enthusiasm's" Larry David, pretty, pretty good. The Dow was up more than 300 points, or 1%, while the S&P 500 gained 0.6%. what used to be dubbed FAANG stocks before name and ticker changes) make up a big chunk of the weighting of the S&P 500. Nearly three-quarters of the S&P 500 companies that have reported earnings so far have topped forecasts. So the weaker earnings are more a function of higher costs as opposed to a significant slowdown in sales.

☆ Stock market continues to sizzle this month
▼ + stars: | 2022-10-24 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

New York CNN Business —October may be famous for historically horrifying stock market crashes like the ones in 1929, 1987 and 2008. Stocks enjoyed another solid rally Monday, continuing a hot streak for the markets this month. The S&P and Nasdaq are each still down more than 20% in 2022, though, which means they are in a bear market. American companies with significant exposure to the Chinese market were also hit hard and sat out the broader market rally. Brands (YUM) was down 2% while Yum China (YUMC), which franchises the KFC, Pizza Hut and Taco Bell brands in China, plunged 14%.

☆ Amazon salaries revealed: See how much engineers, data scientists and thousands of other employees at the e-commerce and cloud giant make
▼ + stars: | 2022-10-03 | by ( Diamond Naga Siu | Katherine Long | ) www.businessinsider.com time to read: +2 min

We analyzed thousands of H-1B visa applications to get a sense of how much Amazon pays employees. Amazon surprised employees earlier this year when it announced big raises, more than doubling its base salary cap and boosting salary ranges for many roles. A good deal of the value of those new compensation packages was tied to Amazon stock, which has plunged more than 30% in the past six months. Insider combed data from the office, which authorizes hiring non-US employees, then publicly releases the data. Here's a breakdown of what Amazon pays many other employees.

☆ Saudi NEOM's tech unit rebrands, invests $1 bln in 2022 -CEO
▼ + stars: | 2022-09-27 | by ( Aziz El Yaakoubi | ) www.reuters.com time to read: +3 min

Saudi Crown Prince Mohammed Bin Salman announces a zero-carbon city called "The Line" to be built at NEOM in northwestern Saudi Arabia, January 10, 2021. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS/File PhotoRIYADH, Sept 27 (Reuters) - NEOM Tech & Digital, a subsidiary of the $500 billion signature NEOM project of the Saudi crown prince, has invested $1 billion in 2022 in AI, including a metaverse platform, its chief executive said on Tuesday. NEOM is Crown Prince Mohammed bin Salman's most ambitious project yet, although it has also met with scepticism from some observers. "NEOM is really becoming, in my opinion, the innovation engine for the GCC," he said in an interview with Reuters. Subscriptions to NEOM's metaverse platform will help people from around the world to virtually visit before physically investing in the city, Bradley said.

☆ Markets over discounted potential for growth in tech stocks, says 645 Ventures' Nnamdi Okike
▼ + stars: | 2022-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets over discounted potential for growth in tech stocks, says 645 Ventures' Nnamdi Okike645 Ventures Co-Founder and Managing Partner Nnamdi Okike joins 'TechCheck' to discuss navigating volatility in tech stocks, future potential for growth in techs shares, and the longterm potential for crypto despite drops in the market cap.

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