Nasdaq AAPL Apple

The iShares U.S. Technology ETF (IYW) was launched on 05/15/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.

Macroeconomic headwinds last year caused steep declines across the tech sector as reductions in consumer spending hampered quarterly results. However, tech stocks have returned to favor in 2023, alongside easing inflation. As a result, now is an excellent time to fill up on tech

Taiwan's export orders fell for the tenth consecutive month in June, as weak China demand, inflation, and high interest rates continued to offset surging demand for the island's artificial intelligence (AI) supply chain.

Taiwanese chipmaker TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a strong period last year.

Taiwanese chipmaker TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a high base last year.

Microsoft has been a juggernaut since going public in 1986, producing incredible wealth for its shareholders. While the last 10 years have been exceptional for the company, its new AI ventures may secure phenomenal returns over th

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow registering its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Change is the Only Constant on Wall StreetJust a handful of months ago, former tech darlings crashed, recession fears brewed, and new layoffs were announced on a seemingly daily basis. To make matters worse, the US Federal Reserve

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Tech stocks were lower late Wednesday, with the Technology Select Sector SPDR Fund (XLK) declining 0.2% and the Philadelphia Semiconductor index falling 1%.

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Tech stocks were lower Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.5% and the Philadelphia Semiconductor index falling 1.1%.

Apple is working on artificial intelligence (AI) offerings similar to OpenAI's ChatGPT and Google's Bard, Bloomberg News reported on Wednesday, sending its shares up as much as 2% to a record high.

Apple is working on offerings based on artificial intelligence similar to OpenAI's ChatGPT and Google's Bard, Bloomberg News reported on Wednesday, citing people with knowledge of the matter, sending the company's shares up 2%.

The SPDR S&P 500 ETF Trust ( SPY) and Invesco QQQ Trust ( QQQ) are among the widely-discussed  ETFs (exchange-traded funds) on the popular social media platform Reddit. While these ETFs are buzzing on Reddit and have significantly gained mentions, their recent rallies give them limited upside potential (based on analysts’ price targets on their holdings).  But before we dig deeper into these buzzing Reddit ETFs, let’s understand how TipRanks determines the ratings and price targets on ETFs. How Does TipRanks Determine Analyst Ratings on ETFs? TipRanks leverages its proprietary technology to calculate the consensus analyst forecast and price targets for ETFs by taking all their underlying assets into consideration. At a glance, you will see the overall analyst rating, analyst price target, and upside or downside on an ETF.  Innovatively, TipRanks calculates a weighted average number based on the combination of all the ETFs’ holdings. For instance, the average price forecast for an ETF is calculated by multiplying each holding’s price target by its weight (allocation) in the ETF.  Is SPY ETF Good to Buy Now? SPY is one of the most popular ETFs to diversify risk and earn steady returns. For instance, the SPDR S&P 500 ETF has the S&P 500 Index ( SPX ) as the benchmark and aims to provide similar returns.  Impressively, the ETF is highly diversified, offers exposure to 24 separate industry groups, and primarily focuses on  large-cap stocks. Meanwhile, it has delivered an average annualized return of 12.72% in the past decade with a  low expense ratio of 0.09%, which makes it a compelling long-term investment. While SPY is an attractive investment, investors can wait for a better entry point. SPY has gained about 20% year-to-date. Thanks to the recent gains, SPY is trading at a forward price-to-earnings multiple of 20.74, which appears expensive given the estimated EPS growth forecast of 12.48% over the next three to five years.  Yes, the SPY ETF has an  Outperform Smart Score of 8 out of 10 on TipRanks. However, per the recommendations of 6,294 analysts giving stock forecasts for SPY's holdings, the 12-month average SPY price target of $485.53 implies limited upside potential of 6.9% from current levels. Also, the SPY ETF carries a Moderate Buy consensus rating on TipRanks. Among the analysts providing ratings on its holdings, 59.60% have given a Buy rating, 35.02% have assigned a Hold rating, and 5.39% have given a Sell rating. Is QQQ Stock a Buy or Sell? The recovery in mega-cap  technology companies has led to significant growth in the QQQ ETF. For instance, QQQ has gained over 45% on a year-to-date basis, led by the rally in the shares of its  top five holdings, which are Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), Nvidia ( NASDAQ:NVDA ), Amazon ( NASDAQ:AMZN ), and Tesla ( NASDAQ:TSLA ).  Together, its top five holdings account for 43.53% of its total holdings, implying that its performance is highly dependent on them. While these tech giants are poised to deliver strong growth in the long term, their recent rallies and valuation concerns could restrict their upside potential in the short term. This is well reflected in analysts’ price forecast for QQQ over the next 12 months.  According to the recommendations of 1,730 analysts giving stock forecasts for QQQ's holdings, the 12-month average QQQ price target of $396.72 implies a mere 2.85% in upside potential from current levels.  Nonetheless, QQQ ETF, which has the Nasdaq-100 index ( NDX ) as its benchmark, sports an  Outperform Smart Score of 8 out of 10 on TipRanks. It has consistently outperformed the broader markets and delivered solid returns. However, the recent run in its price is keeping analysts cautiously optimistic.  QQQ ETF has a Moderate Buy consensus rating. Among the analysts providing ratings on its holdings, 66.53% have given a Buy rating, 29.71% have assigned a Hold rating, and 3.76% have given a Sell rating. The Bottom Line Both these buzzing Reddit ETFs look like solid long-term investments for investors seeking exposure to top companies with relatively lower risk. SPY and QQQ offer diversification and consistently deliver attractive returns. However, both these ETFs have gained quite a lot, which limits their upside potential.   Disclosure

A French-led backlash led to a U.S. economist withdrawing from a top European Union antitrust job on Wednesday, a move some economists said risks undermining competition policy-making.

Fintel reports that on July 19, 2023, B of A Securities maintained coverage of Apple (NASDAQ:AAPL) with a Neutral recommendation. Analyst Price Forecast Suggests 0.77% Downside

Parents and students are busy with last-minute shopping as schools across the United States are set to resume after the break. This could be positive news for struggling retailers, as rising costs have caused consumers to be more

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.

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an