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☆ Stocks making the biggest moves after hours: Roku, Cisco Systems, Twilio and more
▼ + stars: | 2023-02-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The streaming device company reported a loss of $1.70 per share, better than the forecasted $1.73 per share from analysts polled by Refinitiv. Cisco Systems — Shares advanced 4% in extended trading after Cisco Systems surpassed expectations in its latest earnings results. The digital communications company reported earnings of 88 cents per share, slightly higher than consensus estimate from Refinitiv that showed 86 cents earnings per share. Twilio — The stock jumped 12% in extended trading after Twilio reported a revenue beat. The silicon design company beat earnings expectations in the first quarter, but revenue came in line with expectations.

☆ Morning Bid: Interminable anxiety
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +4 min

The about-turn in rates markets in just two weeks has been extraordinary - with Fed funds futures pricing moving from a terminal rate as low as 4.8% to 5.26% on Wednesday. Two-year Treasury yields soared to a 3-month high of 4.64% on Tuesday - where current Fed rates sit - and only gave back a fraction of that on Wednesday. U.S. stocks held up remarkably well on Tuesday - helped by hopes recession fears are easing even as rate speculation intensifies. Sterling slipped as UK inflation fell faster than expected last month, even though the annual inflation rate remains in double digits. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Stocks making the biggest moves midday: Palantir, Nvidia, Avis Budget and more
▼ + stars: | 2023-02-14 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading Tuesday:Palantir — The software company's stock price soared 13%. Avis Budget — Shares jumped 6.5% after Avis topped expectations in its latest quarterly report. Ecolab — Shares gained 5% after the chemicals company reported higher-than-expected earnings of $1.27 per share, excluding items, beating analysts' estimate of $1.25 per share, according to FactSet. Synopsys — The software company's stock price gained 3% during midday trading ahead of its scheduled earnings release on Wednesday. Arista Networks — Shares rose 2.4% during Tuesday's midday trading session after the company reported fourth-quarter earnings and revenue on Monday that beat Wall Street expectations.

With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ STMicro leans on AI, cloud as chip designs become more complex
▼ + stars: | 2023-02-07 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Feb 7 (Reuters) - European chipmaker STMicroelectronics (STM.BN) and chip design software maker Synopsys (SNPS.O) on Tuesday said STMicro had for the first time used artificial intelligence software running on Microsoft Corp's (MSFT.O) cloud to design a working chip. The achievement would help solve the growing problem of getting increasingly complex designs ready for customers in an acceptable time, STMicro said. The company is one of a several that are using AI to help design chips, which involves translating a complicated circuit architecture into a blueprint for fabricating billions of transistors on a small piece of silicon. Shankar Krishnamoorthy, general manager of the design automation group at Synopsys, said that company's AI engine got better results faster when it had more computing power behind it. Cloud providers like Microsoft offer the option to rent a huge burst of computing power in a short time.

☆ IT Job Market Shrinks for First Time in Over Two Years
▼ + stars: | 2023-02-06 | by ( Belle Lin | ) www.wsj.com time to read: +4 min

The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers in other positions and sectors as companies slow spending. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. The McLean, Va.-based bank said those roles would be absorbed by its existing engineering teams and product managers. Still, employment in the overall technology sector hasn’t wavered, according to IT trade group CompTIA. “Not only do we need to provide capabilities to propel the business forward, but we need the best engineering tools, modern architectures and people in the right roles to respond to changing market conditions,” Ms. Caldas said.

☆ Morning Bid: Uneasy Chair
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike Dolan. While inflation looks past its peak, labour markets remain super tight and Powell speaks before another crucial nationwide employment report on Friday. Futures market expectations for peak Fed rates next May ticked back above 5% ahead of the speech, with about 35 basis points of rate cuts from there still priced by yearend. China and Hong Kong shares extended gains on Wednesday as market participants cheered an easing of COVID-19 measures in Guangzhou city. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Taiwan touts $900 mln in new business from Silicon Valley meetings
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +2 min

Taiwan Economy Minister Wang Mei-hua speaks during an interview with Reuters in Taipei, Taiwan, September 30, 2021. REUTERS/Ann WangTAIPEI, Oct 15 (Reuters) - Taiwan's economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California's Silicon Valley, the ministry said on Saturday. Taiwan is a major semiconductor producer, home to the world's largest contract chip maker, Taiwan Semiconductor Manufacturing Corp (2330.TW), , and supplies most the world's major tech firms. "The visits are expected to bring back U.S. research and development investment and orders in Taiwan worth more than T$30 billion," it said, without elaborating. Wang said on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure.

☆ These stocks are sharply growing earnings despite the economic slowdown, and analysts love them
▼ + stars: | 2022-10-09 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

Analysts see 2022 earnings per share growing by 67%, and the stock advancing 42% from current levels. Energy stocks EQT and Diamondback Energy also made the list. EQT's earnings are expected to grow by 420% in 2022, and 81% of analysts covering the stock rate it a buy. Diamondback's earnings per share are also expected to more than double, and nearly three-quarters of analysts have buy ratings on the stock. Energy stocks have gotten a boost this year from rising oil prices.

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