Nasdaq, Inc. has announced key updates to the Nasdaq-100 Index, effective December 23, 2024. This annual reconstitution will see three new companies—Palantir Technologies Inc., MicroStrategy Incorporated, and Axon Enterprise, Inc.—added to the index. In contrast, Illumina, Super Micro Computer, and Moderna will be removed. The Nasdaq-100 Index, launched in 1985, represents 100 of the largest ...
Siemens AG is near a deal to acquire software maker Altair Engineering Inc., which would mark its largest acquisition to date, according to sources familiar with the situation.
Slowing profit growth is shaking the perception of invincibility among big tech firms as they gear up to report earnings this week. Their ability to turn this trend around will be crucial in deciding whether the recent stock market rally can continue.
Thomas A. Martin, senior portfolio manager at GLOBALT Investments, expressed optimism about the upcoming tech earnings season during his appearance on "Bloomberg Technology" with Caroline Hyde and Ed Ludlow. He highlighted specific sectors he is focusing on, signaling positive trends in the tech industry.
