Alphabet shares dropped after the company got sued. Apple shares set a new price record. Tech analysis of Alphabet and Apple shares for July 12th.
Microsoft shares grew after rumors about Microsoft 11 spread. For the first time in 35 years after the IPO, the capitalization of the company reached over $2 trillion. Tech analysis of Microsoft shares for June 25th, 2021.
The Japanese SoftBank Group sold 80% of Boston Dynamics shares to the South-Korean Hyundai Motor Group for $1.1 billion. The shares of the Asian giants grew. Tech analysis of SoftBank and Hyundai shares.
IPO volumes over the first six months of 2021 exceeded the results of the whole 2020 - $171 billion against $168 billion. Some $105 billion out of them were generated by mergers with SPACs.
Investors from Reddit found new goals for massive buying. New "meme" shares are Cleveland-Cliffs, Clover Health, and Wendy’s.
Zoom Video Communications reported its performance in February-April 2021. Its revenue grew by 191%, net profit – by 741%, operational – by 131%. Zoom shares lost 3.8% over 3 days.
Joe Biden presented a federal budget project for 2022 with an expenditure part sized $6 trillion. US and EU stocks grew. Tech analysis.
A couple of days before the quarterly report, the board of directors of NVIDIA announced a 1 to 4 split of the company’s shares. If the meeting of shareholders supports the split, the corrected shares will start trading on July 20th. The news made the quotations of the tech company grow by 2.6%.