The tech-heavy Nasdaq Composite’s recent gains have been limited, with Apple down post-earnings and only two positive days for…
Tag: tech stocks
Apple, other tech stocks drop on Microsoft’s bleak outlook
Apple and other tech stock futures fell more than 1% on Wednesday as Microsoft led declines in tech stocks after it forecast current-quarter…
Apple and tech stocks lead the way to Wall Street gains
Wall Street’s main indexes rose on Thursday, led by Apple and other tech stocks in light trading, as U.S. unemployment data signaled…
Apple and other stocks surge after U.S. Federal Reserve meeting
Tech stocks have been a bad bet for most of 2022, but on Wednesday afternoon, after Federal Reserve Chairman Jerome Powell confirmed…
U.S. midterm election results could be favorable for tech stocks
Investors are turning their focus to Tuesday’s U.S. midterm elections, which will determine control of the House and Senate which…
Nasdaq futures drop over 1% as Microsoft, Google earnings fan slowdown fears
Nasdaq tech stock futures fell more than 1% on Wednesday as disappointing results and warnings from Microsoft and Alphabet sparked losses…
U.S. inflation surges more than expected; core prices jump 6.6%, the fastest since 1982
Inflation ran hotter than expected in September as high prices continued to squeeze U.S. households. Consumer priceswere up 8.2% from…
Rampant U.S. wholesale inflation rises more than expected in September, with prices jumping 8.5%
Squeezing businesses and inflicting real pain on millions of American households, U.S. inflation at the wholesale level rose…
Tech stocks face another 10% drop or more as rampant U.S. inflation eats into profits
The great stock selloff of 2022 is far from over as investors in tech stocks brace for earnings misses due to U.S. inflation at forty-year…
Apple stocks rises as rough week for ‘Big Tech’ ends
Megacap “Big Tech” companies Apple, Microsoft, Alphabet, Tesla, and others traded higher on Friday, recovering some of their recent losses…
Apple, Microsoft remain top stock picks as tech turns into ‘have and have nots’ – analyst
Apple and Microsoft are still the top picks in the technology sector, Wedbush Securities analyst Daniel Ives says, as tech turns into…
Wall Street falls as tech stocks weaken on hawkish Fed stance, inflation worries
Wall Street’s main indexes fell in morning trading as Federal Reserve’s last meeting struck a hawkish note, signaling concerns over inflation.
Apple leads tech stocks lower as investors assess Fed’s hawkish policy
Led by technology behemoth Apple, U.S. tech stocks fell on Thursday as investors assessed the longer-term implications of the Fed…
Apple, other tech stocks power S&P 500 to record high amid inflation concerns
The S&P 500 notched its third straight record high on Thursday, as investors considered the specter of U.S. inflation …
S&P 500 and Dow indexes fall as U.S. weekly jobless claims hit a two-month high
The S&P 500 and the Dow indexes fell on Thursday after data showed weekly jobless claims hit a two-month high, while a rise in megacap tech…
Tech stock rally sends S&P and Nasdaq to record highs
As investors awaited data on the U.S. labor market due on Friday, a tech stock rally and low interest rates fueled the Nasdaq and S&P 500…
Key U.S. inflation gauge rises 3.1% year over year, higher than expected
The core personal consumption expenditures price index increased 3.1% in April year-over-year. The Fed considers it the best inflation gauge…
Tech leads stock market higher as U.S. yields cool
As investors attempt to gauge the path of inflation, U.S. stocks climbed on Monday, with both the NASDAQ and S&P 500 rallying more than…
Futures fall as tech stocks lag ahead amid inflation worries
On Wednesday, U.S. stock index futures fell for the third straight session, led by losses in rate-sensitive tech stocks on fears that…
Big Wall St. investors bought Apple, other tech stocks during GameStop retail frenzy
Deep-pocketed Wall St. investors pumped a record $4.2 billion into Apple and other big technology stocks last week, BofA’s flow data…
Dow falls more than 100 points as tech drop pushes stocks off record highs
As tech shares struggled and COVID-19 stimulus talks seem stymied, stocks fell on Wednesday, retreating from the record highs set earlier…
Dow Jones lags as Nasdaq surges powered by tech stocks
The Dow Jones Industrial Average slipped on a day the Nasdaq fared best amid a tech stocks rally. Apple and Microsoft were the best Dow…
Apple jumps, tech stocks extend Wall Street rally on stimulus hopes
Wall Street’s major indexes rose for a fourth straight session on Monday, boosted by tech stocks and optimism that Washington would reach…
Tech stocks power S&P 500’s rally; on track for best August in 34 years
The S&P 500, which rallied for the seventh straight session on Friday, is on track for its best August in 34 years, partly powered by…
Nasdaq rises as Apple, other tech stocks gains ahead of earnings
The Nasdaq Composite rose Thursday as shares of Apple and other major tech stocks rose ahead of their earnings releases. The broader market remained…
How to potentially profit from President Trump’s battle with Twitter and Facebook
The escalation in the battle between President Trump and social media companies such as Twitter and Facebook could dent the investment theses on each…
Apple’s $44 billion drop shows growing cost of reliance on China
Apple has all of its eggs in one basket: China…
White House officials confirm President Trump can block U.S. companies from operating in China
Two White House officials confirmed that President Donald Trump has the power to force US companies to move their operations out of China…
President Trump orders U.S. companies to look for alternative to China, Apple and chip stocks slide
Shares of Apple and semiconductor stocks slid on Friday after President Donald Trump said U.S. companies should…
U.S. unemployment hits five-decade low as employers step up hiring, wages increase
Steady job growth and solid wage increases have enlarged Americans’ paychecks…
U.S. consumer spending surges to post biggest rise in more than 9-1/2 years
Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…
U.S. jobless claims at 50-year low
The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market…
Billionaire CEO Benioff foresees several years of strong growth for U.S. economy
A record $7.9 billion was spent on Cyber Monday this year, up 19.3% year over year…
Apple was worth more than $1 trillion at the start of the month, it’s now valued at $880 billion
Since Apple’s share price peaked at just over $232 on Oct. 3, the stock has plummeted by nearly 20 percent…
U.S. again assumes throne as world’s most competitive economy; first time since 2008
The U.S. is back on top as the most competitive country in the world…
How President Trump created a tremendous U.S. economic boom
The current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office…
Nasdaq set to chalk up its biggest August percentage gain in 18 years
President Trump will be in North Carolina where he is expected to sign today an executive order that will make it easier for…
Apple hits new all-time high while much of the rest of tech tanks on Facebook woes
Apple reports its quarterly earnings next week, as it nudges closer to $1 trillion market value…
Dow, S&P 500 and Nasdaq rocket to new all-time records
Economists say President Donald Trump has had generally positive effects on U.S. economic growth…
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S…
Tech selloff goes global
Shares of technology companies fell around the world Monday, extending Friday’s steep declines…
Big tech stocks under pressure again after Apple shares downgraded
After a drop in big technology stocks Friday caused the Nasdaq composite to post its worst week of the year…
