Stock Market News for Apr 12, 2024
https://www.zacks.com/stock/news/2254411/stock-market-news-for-apr-12-2024?cid=CS-ZC-FT-market_news-2254411
Apr 12, 2024 - Wall Street closed sharply higher on Thursday, led by tech stocks.
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Microchip (MCHP) Boosts Auto Connectivity With VSI Acquisition
https://www.zacks.com/stock/news/2254799/microchip-mchp-boosts-auto-connectivity-with-vsi-acquisition?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2254799
Apr 12, 2024 - Microchip (MCHP) drives ASA-ML adoption for next-gen vehicles with VSI acquisition, transforming automotive networking.
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Workday (WDAY), Randstad Team Up to Transform HR Operations
https://www.zacks.com/stock/news/2254774/workday-wday-randstad-team-up-to-transform-hr-operations?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2254774
Apr 12, 2024 - Randstad selects Workday's (WDAY) AI native solution to drive efficiency in financial and human resources processes across enterprise operations.
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5 ETFs Leading the Tech Rebound: Will the Rally Continue?
https://www.zacks.com/stock/news/2254672/5-etfs-leading-the-tech-rebound-will-the-rally-continue?cid=CS-ZC-FT-etf_news_and_commentary-2254672
Apr 12, 2024 - The technology sector gained momentum in the Apr 11 trading session, buoyed by a jump in big tech stocks. The upside came on softer-than-expected producer prices data, which supported the belief that inflation is cooling.
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AMD Expands Portfolio With the Launch of Ryzen PRO Series
https://www.zacks.com/stock/news/2257067/amd-expands-portfolio-with-the-launch-of-ryzen-pro-series?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2257067
Apr 17, 2024 - AMD is expanding its footprint with the launch of the Ryzen PRO 8040 Series for mobile devices and the Ryzen PRO 8000 Series for desktops.
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Nokia (NOK) Q1 Earnings Beat Estimates Despite Lower Revenues
https://www.zacks.com/stock/news/2257820/nokia-nok-q1-earnings-beat-estimates-despite-lower-revenues?cid=CS-ZC-FT-analyst_blog|earnings_article-2257820
Apr 18, 2024 - Nokia (NOK) reports revenue contraction year over year in the first quarter of 2024, owing to soft demand trends and macroeconomic headwinds.
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Blackbaud (BLKB) Boosts Raiser's Edge NXT Fundraising Software
https://www.zacks.com/stock/news/2258577/blackbaud-blkb-boosts-raiser-s-edge-nxt-fundraising-software?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2258577
Apr 19, 2024 - Blackbaud (BLKB) is set to upgrade its fundraising platform - Blackbaud Raiser's Edge NXT - by incorporating a series of enhancements, including new fundraising AI tools and a simplified user interface.
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What's in Store for Magnificent 7 Stocks in Q1 Earnings?
https://www.zacks.com/stock/news/2259506/what-s-in-store-for-magnificent-7-stocks-in-q1-earnings?cid=CS-ZC-FT-analyst_blog|industry_focus-2259506
Apr 22, 2024 - Magnificent 7 stocks, namely, Tesla (TSLA), Meta Platforms (META), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), Apple (AAPL) and NVIDIA (NVDA), are set to benefit from rapid AI proliferation.
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AT&T (T) Q1 Earnings Beat Estimates, Revenues Remain Flat Y/Y
https://www.zacks.com/stock/news/2261409/at-t-t-q1-earnings-beat-estimates-revenues-remain-flat-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2261409
Apr 24, 2024 - AT&T (T) surpasses first-quarter earnings estimates, backed by healthy 5G and fiber customer additions and strong cash flow.
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IBM Reportedly in Advanced Discussions to Acquire HashiCorp
https://www.zacks.com/stock/news/2261530/ibm-reportedly-in-advanced-discussions-to-acquire-hashicorp?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2261530
Apr 24, 2024 - IBM is in advance talks to acquire cloud service provider HashiCorp. The potential buyout will boost IBM's hybrid cloud portfolio.
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