Technology Stocks

Borqs (BRQS) stock rose 13% after subsidiary bags US$49.8-mn contract

 Borqs (BRQS) stock rose 13% after subsidiary bags US$49.8-mn contract

Borqs Technologies stock rose on Friday on enhanced business prospects by subsidiary.

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Amazon Dodges US$300 Million EU Tax Order

Amazon Dodges US$300 Million EU Tax Order

Summary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,...

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Palantir’s Strong Q1 Topline Growth Drives Up Stock Price

Palantir’s Strong Q1 Topline Growth Drives Up Stock Price

Summary The Denver-based data analytic company posted a topline growth of 49 percent. Palantir’s stock was trading at US$20.07, up 8.6 percent on Tuesday morning. For the second quarter, the company anticipates its revenue to increase 43...

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Why Fastly, Cognizant Stocks Are Declining Today?

Why Fastly, Cognizant Stocks Are Declining Today?

Summary Fastly announced CFO transition after reporting an increase in its first quarter loss. Cognizant’s first quarter net income soared to US$505 million from US$367 million in the year-ago period. Shares of Fastly, Inc. (NYSE: FS...

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Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B

Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B

Amazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology ...

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Alphabet Shares Up 4.5% In Extended Trading On Strong Q1 Revenue Growth

Alphabet Shares Up 4.5% In Extended Trading On Strong Q1 Revenue Growth

Summary Strong advertising revenue and cloud business fuelled a 34 percent year-over-year growth in first-quarter revenue. Alphabet’s net income more than doubled to US$17.93 billion from US$6.84 billion in the year-ago quarter. The Goog...

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Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth

Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth

Summary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue...

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Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes

Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes

Summary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2...

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Proofpoint Shares Rally On US$12.3B Takeover Deal From PE Firm Thoma Bravo

Proofpoint Shares Rally On US$12.3B Takeover Deal From PE Firm Thoma Bravo

Summary NASDAQ-listed cybersecurity company Proofpoint will become private after the transaction. Thoma Bravo will pay US$176 per share in cash to Proofpoint shareholders, a premium of 34 percent. The deal, which got approval from Proofpoint&r...

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Decline in Data Center Revenue Pulls Intel’s Stock Down

Decline in Data Center Revenue Pulls Intel’s Stock Down

Summary Intel’s data center revenue during the first three months of the year fell 20 percent year over year. Revenue growth in the PC-centric business was offset by the decline in data center business. The semiconductor company projects...

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Why are Women More Exhausted after Video Conferencing?

Why are Women More Exhausted after Video Conferencing?

Summary Zoom fatigue refers to the exhaustive feeling of tiredness after prolonged video conferences. A new study from Stanford University found women are 13.8 percent more Zoom fatigue than men. Zoom overtook Google and Microsoft video apps d...

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Frequently Asked Questions

The technology sector is comprised of various companies from software developers, telecommunication service providers, semiconductor manufacturers, etc. Some of the dominant and impressive names in the sector are: Apple Inc. (AAPL) Microsoft Corporation (MSFT) Amazon.com Inc. (AMZN) Meta Platforms, Inc. (FB) Alphabet Inc. (GOOGL)

Various investors have shown interest in the technology stocks, given the growth potential of the companies. From mobile devices, digital services, to high-end GPUs for gaming, crypto mining, technology is providing all the services that are now necessary for our daily life. Pros of technology stocks Various growing companies offer higher returns. Even though the risks cuts both ways, many fast-growing firms in the technology sector offer to boost returns in a low-interest-rate environment. Secondly, technology companies are continuously evolving. The companies are going through developments and innovations considering the requirements in the market and to stay ahead of their competitors. Meanwhile, technology companies hold a significant place in the indexes. For instance, over 20% of the S&P 500 index is comprised of technology companies and the performance of the sector somehow controls the overall performance of the indexes. Cons of technology stocks Most technology companies tend to pay minimal dividends, generally below 2%. The risks are also higher, meaning, various companies that have already experienced robust growth may decline in the coming days as the investors shift their focus towards other sectors or smaller companies.

There are many technology investors in the US. Some of the top investors and venture capitalists in the US among them include: Y Combinator 500 Startups Intel Capital Sequoia Capital Goldman Sachs Atlas Venture Salesforce Ventures Microsoft Techstars SV Angel

Various technology companies have made headlines in recent years. However, as per Nasdaq 100 Index, the top technology companies according to market capitalization are: Apple Inc. (AAPL) Apple is one of the world’s largest technology companies. Its products include smartphones, computers, software, etc. It is headquartered in Cupertino, California. Microsoft Corporation (MSFT) Microsoft is a leading technology company based in Redmond, Washington. It sells software, electronic goods, and other related products. Alphabet Inc. (GOOGL) Alphabet Inc. is headquartered in Mountain View, California, and is the parent company of Google. It is a conglomerate technology firm with various business interests.