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Nvidia, Bank of America And 2 Other Stocks Insiders Are Selling
The Nasdaq 100 closed lower by over 180 points during Friday's session. Investors, meanwhile, focused on some notable insider trades.When insiders sell shares, it could be a preplanned sale, or
Crowdstrike's Global Outage Sparks Ongoing Effects: What's Next?
Microsoft estimated that approximately 8.5 million Windows devices worldwide were affected by Crowdstrike's global IT outage. The focus of the market is on the impact of this event on CrowdStrike, Microsoft, and other cybersecurity stocks.
Cloud Providers in AI, Data Named 'Top Picks' as Earnings Approach: Oppenheimer
To fund this, companies are cutting back on legacy IT and application spending.
Real Estate Stocks Gain as Traders Look for Alternatives to Tech Stocks
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
(PCOR) - Analyzing Procore Technologies's Short Interest
Procore Technologies's (NYSE:PCOR) short percent of float has risen 30.04% since its last report. The company recently reported that it has 10.42 million shares sold short, which is 14.33% of all