Fidelity Covington Trust Msci Information Technology Index Etf Newsroom

Fast growth, but also significant losses, the guidance is disappointing, "NVIDIA's favorite child" Coreweave saw a sharp decline after its first Earnings Reports.

CoreWeave's revenue surged 420% year-on-year in the first quarter to 0.98 billion dollars, with net losses widening from 0.13 billion dollars in the same period last year to 0.31 billion dollars. The company stated that customer demand is accelerating, expecting minimal impact from tariffs, but revenue and capital expenditures this year may be "unstable," with an expected annual revenue growth rate of 190%, which is less than half of the first quarter growth rate.

wallstreetcn23:11 ET

Cathie Wood's Wednesday Wisdom? Bets On Airbnb's Platform Expansion, Dumps Palantir At Peak

Benzinga22:14 ET

Boeing's $96B Deal With Qatar Airways Caps Strong Week, Sending Shares to 52-week High

Seeking Alpha20:45 ET

Cisco Targets $56.5B–$56.7B Revenue for Fiscal 2025 While Accelerating AI Partnerships and Order Growth

Seeking Alpha19:14 ET

Nvidia, Amazon, Tesla, Palantir Among Top Beneficiaries Of $1 Trillion Saudi Arabia AI Push, Analyst Says

Benzinga17:48 ET

Nvidia Rises 2.2% After Key Signal, Reversing Early Weakness

Benzinga16:50 ET

Red Cat Holdings Q1 Earnings: Revenue, EPS Miss Estimates, Drone Maker Affirms FY25 Guidance, Highlights Palantir Partnership, Shares Slide

Benzinga16:36 ET

Nvidia-Backed CoreWeave Reports Q1 Earnings: Revenue Jumps 420%, Backlog Grows To $25.9 Billion Following OpenAI Deal, Shares Hit All-Time Highs

Benzinga16:25 ET

Cisco Adds Some 3% After Hours on Fiscal Q3 Revenue and Adjusted EPS Beats and Higher Guidance

Jerry Kronenberg16:21 ET

Bridgewater reduced its shareholding in Google, NVIDIA, Meta, among others, bought a lot of Gold, entered JD.com, and increased shareholding in Alibaba and Baidu.

In the first quarter, Bridgewater initiated new purchases of Gold ETFs exceeding 0.3 billion USD, JD.com over 0.1 billion USD, Chubb Insurance, Goldman Sachs, and others. Increased holdings in Alibaba, Baidu, Booking Holdings, etc. Fully liquidated ON Semiconductor, Moderna, Lyft Inc, Chewy, and others. Reduced holdings in SPDR S&P 500 ETF and also decreased positions in Google parent company Alphabet, NVIDIA, AppLovin, Meta Platforms, and others.

wallstreetcn15:55 ET

10 Information Technology Stocks Whale Activity In Today's Session

Benzinga13:35 ET

Cisco Stock Roars Back On AI Firepower, Saudi Pact — Bullish Breakout Faces Q3 Earnings Test

Benzinga13:16 ET

Decoding IBM's Options Activity: What's the Big Picture?

Benzinga13:02 ET

Sony Could See $680 Million Tariff Impact, Considers Moving PlayStation 5 Production To US

Benzinga12:54 ET

ServiceNow Analyst Ratings

Benzinga12:23 ET · Ratings

Live On CNBC, Steve Weiss Announces Bought Nvidia; Bought Amazon

Benzinga12:06 ET

Nvidia Climbs On Saudi AI Investments: Analyst Estimates $15 Billion To $20 Billion In Revenue

Benzinga12:02 ET

Magnificent Seven Add $3.6 Trillion Since April Lows: Is This Rally Just Beginning?

Benzinga12:00 ET

EXCLUSIVE: Apple Stock Could Benefit From Smartphone Upgrade Cycle, Poll Ranks Top Reason For Trade In (It's Not The Camera)

BenzingaMay 14 11:47 ET

Decoding Cisco Systems's Options Activity: What's the Big Picture?

BenzingaMay 14 11:00 ET