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Tech Stocks That Move the Market

Tech Stocks That Move the Market

68.67k followers20 symbols Watchlist by Yahoo Finance

This basket lists stocks that investors interested in tech should have in their portfolios — including FANG stocks and rising stars that just had IPOs.

Curated by Yahoo Finance


“The Only Tech Stocks That Matter” presents a diverse look at the biggest US-traded tech companies, as well as smaller, innovative companies that recently went public. They cover areas including social media, computers, mobile phones, electric cars, mobile payments, video games, real estate, online commerce, cloud computing, online dating, online reviews, and ad tech.

How did we choose these stocks?

Each of these stocks was chosen by the Yahoo Finance editorial staff.

Who made these selections?

Yahoo Finance is the most-read business website in the US, garnering roughly 75 million unique visitors every month. The site has extensive coverage of both consumer technology and the business of tech companies.

How are these weighted?

The stocks are weighted by market capitalization as of 11 a.m. on Thursday, Sept. 29, 2016.


WatchlistChange Today1 Month Return1 Year ReturnTotal Return
Tech Stocks That Move the Market-2.57%+28.00%-3.07%+43.58%

20 Symbols

SymbolCompany NameLast PriceChange% ChangeMarket TimeVolumeAvg Vol (3 month)Market Cap
AAPLApple Inc.122.06-3.06-2.45%4:00 p.m. EST112.97M107.09M2,049.16B
MSFTMicrosoft Corporation227.56-6.31-2.70%4:00 p.m. EST34.03M28.85M1,716.31B, Inc.3005-89.53-2.89%4:00 p.m. EST3.99M3.66M1,513.21B
GOOGAlphabet Inc.2026.71-49.13-2.37%4:00 p.m. EST1.48M1.56M1,360.98B
FBFacebook, Inc.255.41-3.59-1.39%4:00 p.m. EST15.51M18.99M727.32B
BABAAlibaba Group Holding Limited236.27+1.85+0.79%4:00 p.m. EST13.53M22.98M650.20B
TSLATesla, Inc.653.2-33.24-4.84%4:00 p.m. EST30.21M39.75M626.98B
NVDANVIDIA Corporation512.19-24.06-4.49%4:00 p.m. EST9.24M7.54M317.56B
PYPLPayPal Holdings, Inc.255.06-14.13-5.25%4:00 p.m. EST10.59M9.01M298.72B
INTCIntel Corporation59.9-1.34-2.19%4:00 p.m. EST27.04M38.45M243.37B, inc.206-7.47-3.50%4:00 p.m. EST11.43M8.31M189.05B
AMDAdvanced Micro Devices, Inc.80.86-3.27-3.89%4:00 p.m. EST43.54M42.32M97.95B
ATVIActivision Blizzard, Inc.93.71-3.04-3.14%4:00 p.m. EST5.28M6.09M72.60B
MTCHMatch Group, Inc.147.34-5.17-3.39%4:00 p.m. EST1.84M2.77M39.63B
EAElectronic Arts Inc.133.05-3.77-2.76%4:00 p.m. EST2.78M2.98M38.27B
ZGZillow Group, Inc.153.04-15.97-9.45%4:00 p.m. EST1.19M797.35k35.71B
TTDThe Trade Desk, Inc.695.93-101.98-12.78%4:00 p.m. EST1.87M776.86k32.97B
YELPYelp Inc.37.53+0.39+1.05%4:00 p.m. EST769.15k1.32M2.81B
  • Oscar Health CEO: We'll play key role in lowering US health costs
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    Oscar Health CEO: We'll play key role in lowering US health costs

    Google-backed Oscar Health debuted as a public company Wednesday, after struggling to capture a greater share of the individual market for nearly a decade.

  • Nintendo Plans Switch Model With Bigger Samsung OLED Display

    Nintendo Plans Switch Model With Bigger Samsung OLED Display

    (Bloomberg) -- Nintendo Co. plans to unveil a model of its Switch gaming console equipped with a bigger Samsung OLED display this year, hoping the larger touchscreen can prop up demand in time for the holidays, people familiar with the plan said.Samsung Display Co. will start mass production of 7-inch, 720p-resolution OLED panels as early as June with an initial monthly target of just under a million units, said the people, who asked not to be identified discussing internal matters. The displays are slated for shipment to assemblers around July, the people said. Representatives for Nintendo and Samsung Display declined to comment.Nintendo seeks to sustain a Switch lineup that continues to sell well against the Xbox and PlayStation, thanks to pandemic-era breakout hits like Animal Crossing and a chip crunch that’s plagued supply of rival devices. But the gadget is now into its fifth year, while Microsoft Corp. and Sony Corp. both have new and more powerful machines in the market.The gaming community has speculated online about the introduction of an OLED or organic light-emitting diode screen, but Nintendo has stayed mum and President Shuntaro Furukawa said in February his company has no plans to announce a new Switch “anytime soon.” Samsung’s involvement is the strongest indication that Nintendo is serious about updating the console, and on a large scale.Shares of the Kyoto-based games maker fell 3.6% in Tokyo on Thursday amid a wider market selloff.What Bloomberg Intelligence says“The release of a more premium version of Nintendo’s Switch console with an OLED display and support for 4K graphics for the holiday 2021 selling season could drive the company’s sales above consensus for the fiscal year ending March 2022 and extend the life cycle of the Switch platform for many more years.”- Matthew Kanterman and Nathan Naidu, analystsIn February, Nintendo raised its annual forecasts after the Switch helped the company to its best quarterly earnings since 2008. The games maker hopes to sustain that run in 2021 despite stiffening competition and an ebbing pandemic.Read more: Nintendo Raises Outlook After Surpassing High Expectations“The OLED panel will consume less battery, offer higher contrast and possibly faster response time when compared to the Switch’s current liquid-crystal display,” said Yoshio Tamura, co-founder of display consultancy DSCC.Nintendo decided to go with rigid OLED panels for the new model, the people said, a cheaper but less flexible alternative to the type commonly used for high-end smartphones. The latest model will also come with 4K ultra-high definition graphics when paired with TVs, they said. That could intensify a longstanding complaint of developers, who have struggled with the difference in resolution between handheld and TV modes and now face a bigger gap between the two.The deal benefits Samsung Display because market prices for so-called rigid OLED panels have been falling due to excess supply. Winning a customer like Nintendo also helps the Korean giant -- an affiliate of Samsung Electronics Co. -- firm up production plans. Nintendo in turn secures a valuable partner and supplier at a time semiconductor shortages are squeezing the supply of display-related components.The new display’s resolution mirrors the current Switch and Switch Lite but is an upgrade from the Switch’s 6.2-inch and Lite’s 5.5-inch size. If the console’s housing remains unchanged, the new Switch is likely to sport a thinner bezel.(Updates with share price and analyst comment)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Asia Hedge Funds Pare Bets on Green Energy After 2020 Surge

    Asia Hedge Funds Pare Bets on Green Energy After 2020 Surge

    (Bloomberg) -- Asia hedge funds that rode a green investing wave for double-digit returns last year are starting to reduce bets on the sector given the lofty valuations.Apeiron Capital has cut Tesla Inc. to a small position after the electric vehicle maker’s eight-fold surge sparked a 98% return for the $400 million hedge fund in 2020, said founder Yao Wanyi. York Capital Management also trimmed investments in electric vehicle, battery and solar glass makers, according to Mark He, co-portfolio manager of its $3.4 billion Asia funds.“Clean energy remains one of the most important investment themes for years to come, it’s just that it ran a bit too much last year,” said He, adding the firm may buy the dips later.Electric vehicle makers and their suppliers were among last year’s star stock performers as the new vehicles start to win over consumers with better technology and lower prices. Meanwhile, cleaner sources of energy, from solar to nuclear, were bolstered by pledges from China and other countries to curb emissions over the next few decades.Those investments, together with shifting consumer behavior amid the pandemic, helped Asia managers beat peers in the best year for global hedge funds in at least seven years. A Bloomberg global hedge fund index gained 10% in 2020.Though many Asia hedge fund managers still like the long-term outlook for sustainable investments, valuations look stretched. Apeiron began to “actively” cut its Tesla holdings for the first time this year, after buying convertible bonds and shares in 2019 when the market was divided on the company.Tesla TumbleTesla’s stock price has tumbled 22% since a Jan. 25 high, as rising global bond yields compounded concerns about runaway stock valuations. Contemporary Amperex Technology Co. has lost 14% since Jan. 8, after the Tesla battery supplier more than tripled in the last 14 months.“This valuation, even though we are a long-term believer, has baked in a lot of optionality other than the automobile business,” Yao said, referring to Tesla. “The premium of such optionality has become too demanding.”Yao’s Apeiron team has instead identified parts suppliers with large global market share that can gain from the “multi-decade” EV trend that’s just beginning, she added, declining to identify them.“The problem is, Tesla is expensive, the whole supply chain is not cheap either,” Yao said. “We are not there to pull the trigger. We may need to wait.”LyGH Capital Pte, a Singapore-based firm with about 40% of its investments in clean energy, last year boosted holdings of EV parts suppliers where competition is less intense, said Grace Lu, chief investment officer of the company overseeing $500 million. More than two-thirds of the 7.5% January return for its hedge fund came from themes ranging from electric vehicles to solar power, adding to a 32% gain last year, Lu said.CATL BetsHer top picks include thermal management equipment maker Zhejiang Sanhua Intelligent Controls Co. and Contemporary Amperex, also known as CATL. She also likes lithium miners.“We are overweight those sectors based on their long-term prospects,” she said. “We don’t think the recent turbulence in the market or a rebound of rates from very low levels will derail the growth.”York Capital’s Asia team added Chinese hydrogen fuel cell maker Beijing Sinohytec Co. even as valuation concerns prompted it to cut other clean technology holdings, including CATL.“China wants a national champion in hydrogen fuel cell vehicles, not just in electric vehicles,” He said. The team is spinning out into separate firm later this year.Uranium ReboundOther hedge funds are turning to uranium as a green investment. Tribeca Investment Partners has put about a quarter of its flagship hedge fund into uranium assets, betting that prices will more than double in the coming year, Asia Chief Executive Officer Ben Cleary said.The metal is trading about 80% off a 2007 peak, or about $30 a pound, prompting manufacturers to halt unprofitable mines. Global uranium inventory has dwindled to about a year’s usage, against the norm of about three years, he said.Hedge fund manager Michael Burry of the “Big Short” fame and billionaire Bill Gates have touted nuclear as the carbon-free source of limitless energy that can operate 24 hours a day.Tribeca’s $100 million dedicated uranium fund has returned 55% already this year after a 195% gain in 2020 on investments in the metal and in companies. Its bullish bets include U.S. producer Energy Fuels Inc. and Australia’s Boss Energy Ltd.“We expect the price needs to move to at least $60 per pound over the next 12 to 18 months to incentivize new production to be financed,” he said. “Because there has been such an under investment in new supply in recent years, there is the potential for prices to blow off toward $100 per pound.”(Adds Burry and Gates support for nuclear power in third-last paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.