The U.S. Chamber of Commerce and Comcast Corp said on Thursday they oppose the Federal Communications Commission's proposal to reinstate landmark net neutrality rules, while major tech firms backed the plan.
Apple (AAPL) closed the most recent trading day at $198.11, moving +0.08% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. Meanwhile, the Dow gained 0.43%, a
U.S. stocks ended firmer on Thursday, with the Dow Jones Industrial Average notching its second straight record high close, lifted by optimism that borrowing rates will decrease next year following a dovish pivot by the Federal Reserve.
The S&P 500 edged higher and the Nasdaq fell Thursday afternoon as investors took a breather a day after a sharp rally on signals from the Federal Reserve that borrowing costs would drop next year.
Thursday, December 14, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the evolving earnings picture as the early Q4 results come in, in add
Tech stocks were mixed Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the SPDR S&P Semiconductor ETF (XSD) climbing 3%.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the WisdomTree U.S. Quality Dividend Growth Fund, which added 24,250,000 units, or a 15.4% increase week over week. Among the largest underlying comp
Wall Street's main indexes rose on Thursday, with tech giant Apple notching up a record high, a day after the Federal Reserve hinted an end to its aggressive rate-hike campaign and signaled that borrowing costs would be lower next year.
Intel on Thursday said that dozens of personal computer makers are using its newest chip, as the company and its customers try to entice consumers to upgrade their machines for a new era of chatbots.
Technology has turned out to be the most profitable sector in 2023, driven by the artificial intelligence (AI) boom, easing inflation, a surge in “Magnificent Seven” stocks and a crypto rally. Additionally, bets that the Fed’s agg
Jabil reported core quarterly profit slightly above Wall Street estimates on Thursday, as the electronic components maker turned its focus on cutting costs to navigate weak demand in a tough economy.
Wall Street's main indexes rose on Thursday, with tech giant Apple notching a record high, a day after the Federal Reserve hinted an end to its aggressive rate hike campaign and signaled that borrowing costs would be lower next year.
You probably already know Apple (NASDAQ: AAPL) is the world's biggest company (as measured by market capitalization) as well as one of the planet's most profitable corporations. And for good reason. This is the company behind the world's single most popular smartphone, after all,
The Dow Jones Industrial Average hit a new record, surpassing 37,000 for the first time after the Fed signaled the possibility of rate cuts next year. The blue-chip index has displayed an astounding rally in the past month, outper
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum an
A dovish shift from the Federal Reserve has put record highs in sight for U.S. stocks and sent Treasury yields tumbling, even as some investors worry the market may be moving too fast given an uncertain outlook for the economy and corporate earnings.