The Japanese tech conglomerate SoftBank (OTCMKTS: SFTBY), known for its bold investments, received a $7.6 billion windfall this week. This strategic payout, tied to the 2020 acquisition of Sprint by T-Mobile US (NASDAQ: TMUS), strengthens SoftBank's financial position and demons
Tech stocks were mixed Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) fractionally higher and the SPDR S&P Semiconductor ETF (XSD) down 0.1%.
(RTTNews) - Tech giant Apple Inc. (AAPL) has appealed a decision to ban the U.S. sales of its newest models of Apple Watches, the Series 9 and Ultra 2, based on a complaint from medical monitoring technology company Masimo.
The "Magnificent Seven" stocks have dominated the market in 2023, and that's affected index returns that are weighted toward bigger companies. So what drove these massive tech stocks higher?
Apple scored a victory on Wednesday as a U.S. appeals court paused a government commission's import ban on some of its popular Apple smartwatches following a patent dispute with medical-technology firm Masimo.
The so-called "Magnificent Seven" have been instrumental in driving the market rally this year on artificial intelligence (AI) craze. The seven stocks — Apple AAPL, Microsoft MSFT, Alphabet (GOOG, GOOGL), Amazon AMZN, Nvidia NVDA,
If there’s one thing the Nasdaq-100 Index (NDX) is known for, it’s being home to an array of companies with innovative properties. That’s a trait that has served investors well. And that’s because NDX has significantly outperformed more basic domestic equity gauges over the long term. NDX’s legacy of innovation is accessible via the Invesco [...]
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Technology stocks were advancing premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was up 0.1% while the SPDR S&P Semiconductor ETF (XSD) was 0.8% higher recently.
Apple (AAPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
The "Magnificent Seven" stocks dominated in 2023 -- all outperforming the S&P 500 by a wide margin. The term was coined by Bank of America analyst Michael Hartnett to describe seven large tech-focused companies: Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Amazon, Alphabet, Me
Apple executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, Bloomberg News reported on Tuesday citing people familiar with the matter.
The stock market is having a fine year in 2023, reversing a brutal 2022. The S&P 500 index is up by 23% so far and the more volatile Nasdaq Composite has gained 52% as of this writing. Both market trackers are essentially back where they where at the end of 2021.
(RTTNews) - Tech giant Apple Inc. (AAPL) can no longer sell its flagship Apple Watch models in the United States after President Joe Biden's administration declined to veto a ban on them.
Apple AAPL announced that it halted sales of its Apple Watch Series 9 and Apple Watch Ultra 2 in the United States, according to a report by 9to5 Mac. The company removed its flagship smartwatches from the online and physical Appl
Apple AAPL is keeping no stone unturned to develop its generative AI system. It is reportedly negotiating with major news and publishing organizations to use its archives of news articles in the development process.Per Reuters, th
Invesco has two funds in its suite of factor ETFs providing quality exposure down the cap spectrum. Many investors may be missing out on mid- and small-cap companies. To fill these gaps in exposure, investors can look to the Invesco S&P MidCap Quality ETF (XMHQ) and the Invesco S&P SmallCap Quality ETF (XSHQ). As investors have increasingly [...]
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A smart beta exchange traded fund, the Vanguard Dividend Appreciation ETF (VIG) debuted on 04/21/2006, and offers broad exposure to the Style Box - Large Cap Blend category of the market.
U.S. President Joe Biden's administration on Tuesday declined to veto a government tribunal's decision to ban imports of Apple Watches based on a complaint from medical monitoring technology company Masimo.
Apple (NASDAQ: AAPL) is truly in a league of its own. It's the only company in the world with a market cap of over $3 trillion and has an exceptionally loyal customer base. Interbrand recently crowned Apple as the best global brand for the 11th consecutive year.