General News

Investing.com -- U.S.-listed shares in Perion Network (NASDAQ: PERI) shed around a fifth of their value in premarket trading on Monday after the advertising technology group slashed its revenue guidance.

In a statement on Monday, Perion said Microsoft (NASDAQ: MSFT)'s Bing internet search service had notified the company of its decision to "exclude a number of publishers from its search distribution marketplace." No other specific names were provided by Perion.

As a... (continue reading...)

(Reuters) - Nvidia's 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether's inclusion in the blue-chip Dow index.

The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing the stock's valuation.

"A side-effect of Nvidia's stock split will be to... (continue reading...)

Apple (NASDAQ: AAPL) is expected to unveil its highly anticipated AI strategy at its annual Worldwide Developers Conference (WWDC), an event that Wedbush analysts believe could initiate an AI-driven accelerated growth cycle for the iPhone and Services, setting the stage for Apple's narrative in the coming years.

“In our view WWDC represents the most important event for Apple in over a decade as the pressure to bring a generative AI stack of technology for developers and... (continue reading...)

Investing.com -- U.S. stock futures slipped lower Monday, on rate-cut worries ahead of the release of key inflation data and the latest Federal Reserve meeting this week.

Here are some of the biggest premarket U.S. stock movers today:

• Apple (NASDAQ: AAPL) stock rose 0.4% ahead of the start of the tech giant’s annual developer conference, where it’s expected to showcase how it is integrating artificial intelligence across its software suite, including a revamped Siri... (continue reading...)

Morgan Stanley analysts believe a focus on high-quality stocks (quality bias) will continue to be a successful investment strategy.

They point to mixed economic data, with positive signs in consumer spending and the services sector but also concerns about inflation.

This uncertainty, according to Morgan Stanley, reinforces their view of favoring "quality growth and quality cyclicals with some defensive exposure."

The note highlights the underperformance of small-cap... (continue reading...)