Tencent share comeback expected
Share buybacks are emerging as the hottest trend among Chinese tech giants and industry leader Tencent Holdings Ltd. may be the next to jump on the bandwagon.
The online gaming giant climbed as much as 3.1% in Hong Kong on Wednesday, just before it’s expected to...
Best and worst tech shares of 2022
You would be hard-pressed to find an international tech stock that has performed well in 2022.
Like many other listed companies, tech firms have taken a big hit on the stock market due to Russia's invasion of Ukraine in late February.
The conflict has...
South African tech shares — one company up 1,100% in ten years
South African tech stocks have experienced a lot of volatility over the last decade, with the best-performing share, Alaris, gaining 1,100% and the worst-performing share, Ellies, losing 90.2%.
The global tech stock rally over the...
Tech stocks wrecked
The hammering in technology stocks that began to spread into the broader market Wednesday is being fueled by one of the most intense bouts of selling by professional speculators since the financial crisis.
Hedge funds, which spent December unloading high-growth...
Best-performing South African tech shares in 2021
MTN's share price increased by 69% in the first six months of 2021, making it the best performing IT and telecoms share on the JSE.
South African technology companies had a good start to the year, with most of their share prices experiencing...
Tech stocks boosted by Biden's lead in US election
Stocks climbed in the days following the Nov. 3 election as Joe Biden’s lead strengthened, along with the possibility of a Republican Senate -- an outcome that would meet some of Wall Street’s best-case scenarios.
That’s because a Biden...
South African tech stocks hurt by coronavirus
The Covid-19 coronavirus is wreaking havoc across global markets as the impact of the virus on travel, supply chains, manufacturing, and sales are starting to hit home.
In mid-February Apple said it would not meet is quarterly revenue target...
Tech stock rally lifts US shares to record highs
A technology rally drove U.S stocks to fresh records at the start of a busy week for corporate earnings, economic data and Federal Reserve speakers. Treasuries climbed.
Gains in tech outweighed losses in energy and financial companies in the S&P...
Top tech stocks expected to continue falling
Tech stocks are poised for another rough day with an exchange-traded fund tracking the Nasdaq 100 Index down more than 1 percent in early trading before the market opens, adding to Monday’s 3.3 percent plunge.
As the sell-off drags on -- and...
Major tech stocks begin to rally
Major internet stocks soared on Wednesday, in a rally that sets the stage for the group to end a bruising month on a positive note after results from Facebook Inc. helped to calm fears about the high-flying sector’s growth prospects.
The rally was the latest...
Tech stocks continue to plummet
Another week, another sell-off for the world’s biggest tech and internet stocks.
Investors hoping for a reprieve from the worst month for technology stocks in a decade were greeted with more selling on Monday as Amazon.com Inc. tumbled as much as 8.3 percent and...