Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations.
Tech stocks declined late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 1.5% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.4%.
Tech stocks were falling Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) 1.7% lower and the SPDR S&P Semiconductor ETF (XSD) down 0.4%.
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.82%. Stocks this morning are moderately lower, with the Nasdaq 100 falling to a...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $317.2 million dollar inflow -- that's a 0.4% increase week over
In a remarkable development on Thursday, Microsoft's MSFT stock reached an unprecedented high, driven by the announcement of its new artificial intelligence assistant, Microsoft Copilot for Security. The launch has significantly b
The performance of Magnificent 7 stocks has been mixed in 2024, to say the least. While Ray Dalio thinks Alphabet and Meta are good buys, "valuation dean" Ashwath Damodaran is throwing his weight behind Tesla.
Jabil Inc cut its full-year revenue and profit forecasts on Friday due to slowing demand from 5G, renewable energy and digital printing markets, sending shares of the electronic components maker down 13% in early trading.
Electronic components maker Jabil Inc, which is a key Apple supplier, cut its full-year forecasts on Friday due to slowing demand for 5G technology, renewable energy and digital print, sending its shares down 13% in early trading.
Apple has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.
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
Tech stocks have a long reputation for providing consistent and significant gains to patient investors. The chart below reflects this, with the Nasdaq-100 Technology Sector index delivering considerably more growth than the Nasdaq Composite and S&P 500 over the last decade.
The "Magnificent Seven" stocks get a lot of attention, and for good reason. These seven stocks, which include Amazon, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, have demonstrated their value over time, with incredible businesses and high stock gains.
As the artificial intelligence revolution takes off, the largest big tech stocks have seen their share prices soar, earning themselves the title "The Magnificent Seven."
The "Magnificent Seven" stocks are a group of megacap technology companies that have thrived over the past few years and led this new bull market, but it's not been a smooth ride for every member of that group.Two key members, iPhone maker Apple (NASDAQ: AAPL) and artificial inte
Meta Platforms (META) continues to see estimates rise after their last quarterly report and so it remains a Zacks #1 Rank Strong Buy based on its earnings momentum.My colleague Derek Lewis wrote about the resurgence of META in ear
For nearly six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been running circles around Wall Street's flagship index, the S&P 500. Since taking the reins as CEO, the aptly dubbed "Oracle of Omaha" has overseen an aggregate return in his company's