Ballmer's fortune has risen to $101 billion, making him the ninth person to hit that level of wealth, according to the Bloomberg Billionaires' Index.

"We see US growth momentum peaking," said BlackRock, which cut its stance on US stocks to neutral in its midyear outlook.

A "good start to a year is usually a good sign for the rest of the year," says LPL Financial after the S&P 500 rose 14% in the first half of 2021.

Roblox saw a small decline in monthly active users in May, but the figure was still up 28% year-over-year.

Oracle's fourth-quarter earnings report revealed the company earned $1.54 in adjusted earnings per share on $11.23 billion in revenue.

Lordstown Motors president Rich Schmidt says the company is focusing on its Endurance Truck, raising funds, and reconfirming orders.

Investors became much less concerned about inflation in June and snapped up tech stocks, according to the latest Bank of America fund manager survey.

The tactical outlook favors reflation and reopening trades like financials and energy, said UBS in advising clients not to hurry back to tech stocks.

Stocks were mixed while the dollar edged higher as investors awaited key inflation data, which is expected to show a jump in prices.

Marqeta raised $1.23 billion by selling 45.5 million shares for $27 apiece on Tuesday after marketing the shares for between $20 and $24 each.

Tesla "appears to have handled shaky China PR issues and turbulence well," a Wedbush analyst said about a rise in Tesla's May sales in China.

The S&P 500 lost steam near a record high Monday as investors prepare for consumer price inflation to move into higher gear.

US stocks were mixed on Monday as investors prepared for a new inflation reading this week, which could show price hikes are accelerating.

The billionaire founder of Tiger Management said he's betting on stocks like Alphabet, Facebook, and Microsoft.

"I expect this one to take 18 months so that's later this year, early next year. I'm confident about the transaction," Huang said at the Computex conference.

"Economic numbers are painting a much more optimistic picture about the health of the US economy," said an AvaTrade analyst as stocks climbed Wednesday.

C3.ai's Shell partnership will help accelerate the deployment of enterprise artificial intelligence and machine learning across energy markets.

Private-equity firms KKR & Co. and Clayton Dubilier & Rice will take Cloudera private in a $5.3 billion deal, handing $16 a share in cash to investors.

"Fundamental considerations strongly suggest that rates have had little if any role to play and the relationship might run in the opposite direction."

Wedbush's Dan Ives holds a $300 price target on shares of Salesforce, representing a potential 32% jump from Thursday's closing price.

Zscaler posted a 60% increase in revenue and a 71% increase in billings in its fiscal third-quarter 2021 earnings release.

Stocks turn lower after soft consumer and housing data hurt sentiment at a time that investors are counting on a strong reopening of the economy.

Fed communication "is winning out against worry" about the surge in inflation, says LMAX Group as US stocks moved higher Tuesday.

Nio will see production capacity almost double at the state-owned JAC factory. 240,000 cars will be produced annually under the new deal.

If shareholders approve the proposed stock split on June 3, there will be 4 billion authorized shares of Nvidia common stock.

Technology stocks lead a bounce-back in US stocks after claims for weekly unemployment benefits fall.

Analyst led by Moshe Katri tagged Coinbase with an "outperform" rating and a $275 price target on Wednesday.

Microsoft, Intuit, Adobe, and Wix are four of analyst Brent Thill's top picks in the tech sectors despite an ongoing "buyers' strike."

The 444,000 new unemployment filings last week came in below the consensus economist estimate.

"We are also seeing similar component shortage supply issues as our peers," said Cisco CEO Chuck Robbins about the dearth of computer chips worldwide.

"Today's announcement reflects our confidence in AMD's business and the successful execution of our multi-year growth strategy," AMD's CEO said.

A tech sector rebound will help retail investors "rebuild the capital buffer to take on riskier bets," says Vanda Research.

Despite a rotation away from tech and inflation concerns Wedbush says their "bullish long-term thesis on the tech sector remains firmly unchanged."

All three major US indexes rose Friday, led by the Nasdaq. Apple, Tesla, and Facebook were among big tech names that ended higher on the day.

Stocks on Friday rose, pushing past virtually unchanged retail sales for April. Fed officials assured investors this week that it will remain supportive.

"We think that the reflation trade has further to run," said UBS which sees higher inflation stoking volatility in stocks but not killing the overall rally.

The surge in US inflation threatens company valuations and could lead the Fed to cut back on support sooner than expected.

Despite an underwhelming US jobs report on Friday, inflation once again spooked Wall Street and hit tech stocks at the start of the week.

The rotation from growth stocks to value stocks set to benefit from the economic reopening still has room to run, a Goldman Sachs equities executive said.

FAANG stocks all fell at least 2% Monday as inflation fears weighed on the tech-heavy Nasdaq. The index closed lower by more than 2%.

"The FAAMG stocks have appreciated by $5 trillion during the last 5 years, accounting for 29% of the S&P 500 market cap increase during that time."

Cathie Wood's flagship ETF tumbled by more than 5% on Monday as tech stocks sold off sharply following renewed fears over inflation.

TuSimple hopes to have more than 7,500 autonomous trucks in operation by the end of 2024, ramping to nearly 100,000 by 2027.

Apple and Microsoft turned higher which helped the Dow. Tech stocks slid throughout the day but turned green at the end of the session.

Wedbush reiterated its "outperform" rating for Uber on Thursday, but lowered its price target to $66 citing "regulatory overhang."

Cooperman said the federal government is pushing investors to take risks, and predicted rising inflation will lead to an interest-rate hike next year.

Lyft garnered analyst support after earnings on Wednesday as Wedbush reiterated its "overweight" rating and CFRA Research reiterated its "buy" call.

Chip stocks are sliding on worries about the shortage of semiconductors, but Bank of America says there are still reasons to buy shares in the space.

JP Morgan's Alexia S. Quadrani tagged Roblox with an "overweight" rating and an $85 price target in a note to clients on Monday.

Corporate desks buying shares at discounted valuations should mitigate the blow from institutional selling, says Vanda Research.

Wedbush's Dan Ives said that based on industry checks with legal experts he believes federal involvement in gig worker's status is "highly unlikely."

CFRA says Pinterest's latest post-earnings fall presents an "attractive entry point" for investors and tags the stock with a "strong-buy" rating.

Nokia grew revenues in the important 5G segment of its business by 28% on a constant currency basis in Q1 even with the ongoing chip shortage.

"Our original view that the iPhone cycle would disappoint in the midst of COVID was clearly wrong," Goldman Sachs analysts wrote.

Microsoft turned in 19% revenue growth and 45% EPS growth year-over-year in its fiscal Q3 earnings release, but shares fell amid high expectations.

AMD turned in net income of $555 million on $3.4 billion of revenue in the first quarter and guided for a 50% jump in revenues for 2021.

Tech stocks were in the red Tuesday with Tesla shares declining, but the S&P 500 stuck close to record highs.

President Biden plans to pay for his "American Families Plan" by raising capital gains taxes to as high as 43.4% for wealthy Americans.

BofA analysts said falling sales and margins coupled with a potentially costly move into semiconductor production could hurt Intel moving forward.

Global active daily users climbed by 51% during the first quarter.

US stocks suffered steep declines Tuesday, with investors concerned about economic recovery prospects as COVID-19 cases mount.

The rally in US Treasury yields has stabilized but that won't last, says Bank of America, which expects the 10-year yield to resume its advance.

An Allianz survey found that 48% of Americans do not want to take action in the equity market right now.

Raymond James initiated coverage on shares of Advanced Micro Devices on Thursday with an "outperform" rating and a $100 price target.

Wedbush Dan Ives says his top tech stock ideas heading into a "robust" first quarter earnings season are Microsoft, Apple, and Zscaler.

Investors are eyeing the upcoming special event as a possible announcement for a new iPad Pro and a redesigned iMac.

Riot Blockchain announced on Monday that it produced 187 bitcoin in March, an over 80% increase versus last year's pre-halving results.

US stocks logged new record highs Thursday as technology shares march higher and the Federal Reserve signals continued support for the economy.

US stocks were at record highs Thursday as the Federal Reserve signaled continued support for economic and labor-market growth.

Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's largest shareholder holding 28.9% of the firm.

Wood said the current tech boom differed from the dot-com bubble as unprecedented innovation is underpinning company valuations.

High valuations are stoking comparisons between today's stock market and the dot-com era, but conditions are stronger now, says Charles Schwab.

Warren Buffett's right-hand man is the newspaper publisher's chairman. The Chinese e-commerce group is now its third-biggest holding.

Gordon Johnson, the CEO of GLJ Research, said Tesla's 2% sequential growth was hardly "transformational" amid price cuts and increasing sales.

Micron Technology posted non-GAAP net income of $1.13 billion on revenues of $6.24 billion for the fiscal second quarter, beating analyst estimates.

Economically sensitive sectors gained after Biden committed to $2 trillion in spending. Oil rose ahead of the OPEC+ meeting, despite lockdowns.

"The biggest risk to tech stocks currently is not anti-trust swirls in the Beltway, the rotation trade, or a 10 bps upward move on the 10 year."

Vipshop, Tencent Music Entertainment, and GSX Techedu all announced share buybacks in the past week after the hedge fund Archegos' historic blow-up.

Vuzix priced a 4.15 million share stock offering at $20.50 on Friday, well below the company's previous closing price of $26.32.

Ensign Peak Advisors' Tesla position surged 550% in value to $330 million, and its GameStop stake was worth $22 million during the short squeeze.

JPMorgan notes that investments in riskier market areas like bitcoin and tech stocks have been less pronounced during this round of stimulus.

US stocks rebounded after a sharp sell-off the previous day, with the tech-heavy Nasdaq leading the rally. A blockage in the Suez Canal boosted oil.

Softbank-backed Compass is eyeing a $10 billion valuation and hopes to raise $936 million in an IPO on the New York Stock Exchange.

The Oaktree Capital Management co-chief also dismissed bonds and called the start of a new economic cycle.

Tech stocks led the broader rally on Monday as investors eye a pullback in Treasury yields and resumed buying after last week's volatility.

Goldman analysts said that while there were some worrying signs, markets should be much safer than during the dot-com bubble or the 2008 crisis.

Box stock surged as much as 10% on Monday after reports said the company may be open to a sale amid pressure from the hedge fund Starboard.

US tech stocks had a rough day on Thursday as bond yields shot up, but futures pointed to a calmer end to the week.

The benchmark 10-year Treasury yield surged past 1.7% and that's hurt tech stocks while bank stocks got a lift.

US stocks rose after the Federal Reserve said it will keep monetary policy supportive of the US economy's recovery from recession.

Coronavirus has been the main "tail risk" for fund managers since February last year. Now inflation is the bigger worry, BofA said.

Cathie Wood's ARK Next Generation Internet ETF initiated a stake in Pinduoduo buying 195,517 shares worth $31.25 million as of Monday's closing price.

Shark Tan's Kevin O'Leary told CNBC on Monday that tech stocks still have room to run and that value stocks are mostly "broken business models."

Goldman Sachs analysts said Unity Technologies is the gaming "design platform for the masses" in a bullish note to clients on Monday.

Bumble stock skyrocketed as much as 18% on Thursday after the online dating company posted 31% revenue growth in the fourth quarter.

South Korean e-commerce giant Coupang posted revenues of $11.97 billion in 2020. The company's IPO was the largest on a US exchange since Uber.

Weekly jobless claims also lifted optimism. Flings fell to 712,000 last week, landing below the previous sum and beating economists' forecasts.

BlackRock portfolio manager Russ Koesterich said in a blog "gold and tech are increasingly moving in tandem."

Shares of Roblox jumped as much as 16% in a long-awaited public trading debut that left the online gaming company with a $44 billion valuation.

Morgan Stanley analysts upgraded a basket of clean tech stocks to "outperform" on Wednesday after a pullback in the sector.