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U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.

After a mid-2020 to late-2021 bull run, many companies across the board have witnessed their values plunge in 2022. While bear markets can be a great time to go discount shopping and grab some great companies for cheap, they can also be a time to be wary of falling into investing

U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.

What happened Shares of iPhone component suppliers Taiwan Semiconductor Manufacturing (NYSE: TSM), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were falling more than the market Friday, down by 2.5%, 1.2%, and 0.9%, respectively, as of 10:43 a.m. ET.

Friday, December 30, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson

Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears.

Apple Inc Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday citing sources.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $121.6 million dollar inflow -- that's a 1.1% increase week over week i

Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears.

Comcast CMCSA has been focusing on strengthening its brand and footprint through its Project Up program across the United States. It has distributed more than $4.3 million in grants to 30 non-profit organizations across Philadelphia, which support digital adoption and ski

Wall Street closed higher on Thursday in a light day of trading. The general mood was buy-the-dip as the market went in for a year-end rally. Economic data showed jobless claims rising even as the labor market remained resilient. All three major indexes ended in the green

Amazon AMZN is consistently working toward expanding sports streaming services to gain momentum among customers.

Apple (AAPL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Most investors will be happy to turn the page on 2022 and get a fresh start in 2023, and I count myself among that group. I don't know how the economy will fare in 2023, or what geopolitical events may surface, so I don't know if the market will remain in "risk off" mode or retur

Wall Street was set to open lower on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears.

When we return from the holiday weekend, the market will start anew as it faces a sea of December economic data and prepares for the next quarterly earnings season. 

U.S. stock index futures edged down on the final trading day of a roller-coaster year marked by aggressive monetary policy tightening by the Federal Reserve, the Russia-Ukraine war and fears of an impending recession.

Shares of contract electronics manufacturer Jabil (NYSE: JBL) have rallied impressively over the past six months and defied the broader stock market downturn -- gaining over 26% while the S&P 500 index has dropped around 2% over the same period -- and it looks like the compan

Global stock markets have been on a wild ride since the COVID-19 pandemic shook the world. After closing at a record high on February 19, 2020, the U.S. stock market crashed due to the instability caused by an unprecedented pandemic. But, the stock market staged an unexpected comeback very soon and a bull market started on hopes of recovery and government stimulus. Tech stocks enjoyed a strong rally in 2020 as certain businesses, like e-commerce and cloud computing, gained immensely from pandemic-led tailwinds. In contrast, tech stocks were battered in 2022 amid high interest rates and fears of a looming recession.   Let’s take a look at the stocks of six tech giants and see where they stand compared to their pre-COVID highs (we’ll consider stock prices until February 19, 2020, for pre-COVID highs).   Amazon (AMZN) Amazon ( NASDAQ:AMZN ) stock has plunged from its pre-COVID high of $109.30. The stock closed at $84.18 on December 29, 2022, reflecting a year-to-date decline of 50%. It fell out of the trillion-dollar market cap club last month. Amazon shares skyrocketed in 2020 as consumers extensively depended on e-commerce retailers for various goods. However, as the economy reopened gradually, consumers started returning to physical stores, which led to a slowdown in Amazon’s revenue growth. Amazon stock rose just above 2% in 2021, lagging its FAANG peers. While the company’s Amazon Web Services cloud computing division has been resilient and helped in offsetting the weakness in retail business this year, investors are concerned about the deceleration in AWS and the overall revenue growth.     Is Amazon a Buy, Hold, or Sell? Wall Street remains bullish about Amazon’s long-term growth prospects based on its dominance in the e-commerce and cloud computing markets. The Street’s Strong Buy consensus rating is based on 34 Buys and three Holds. The average AMZN stock price target of $140.03 implies nearly 66.4% upside potential.     Apple (AAPL) Apple ( NASDAQ:AAPL ) stock, which closed at $129.61 on December 29, 2022, has appreciated compared to its pre-COVID high of $81.96. Shares rose about 35% in 2021, following an 82% rally in 2020. Work, play, and learn-from-home trends drove solid demand for Apple’s Mac and iPads during the pandemic. However, iPhone sales declined in Fiscal 2020 (ended September 26, 2020) in anticipation of newer models. Despite supply chain issues, Apple’s iPhone sales bounced back strongly in Fiscal 2021. The company’s sales grew over 33% in Fiscal 2021, with strength across all product categories and Apple’s Services business. With fading pandemic tailwinds, persistent supply chain bottlenecks, and the impact of macro pressures on consumer spending, Apple’s sales growth slowed down to 7.8% in Fiscal 2022 (ended September 24, 2022).     What is the Target Price for Apple Stock? While Apple stock has fallen over 27% this year, Wall Street continues to be bullish about one of the world’s most innovative companies. The Strong Buy consensus rating for Apple is backed by 23 Buys and four Holds. At $179.10, the average AAPL stock price target implies 38.2% upside potential.     Meta Platforms (META) Meta Platforms ( NASDAQ:META , formerly Facebook) stock has fallen significantly from its pre-COVID high of $224.20 to $120.26 on December 29, 2022. The leading social media platform benefited from high ad spending during the pandemic as businesses rushed to reach a growing online customer base. However, a slowdown in ad spending following the economic reopening, growing competition from TikTok, and the shift to lower monetization products like Reels have weighed on Meta’s revenue this year. Furthermore, Apple’s iOS privacy changes have impacted Meta’s ability to target ads and have cost it billions of dollars. Investors are also concerned about the huge investments made by the company in its Metaverse projects.         Is Meta a Buy, Sell, or Hold? Wall Street is cautiously optimistic about Meta Platforms, with a Moderate Buy consensus rating based on 27 Buys, eight Holds, and three Sells. At $148.12, the average Meta stock price target suggests upside potential of 23.2%. META stock has fallen more than 64% year-to-date. Microsoft (MSFT) Trading at $241.01 as of writing, Microsoft ( NASDAQ:MSFT ) stock has advanced when compared to its pre-COVID high of $190.70. Nonetheless, the stock has declined over 28% year-to-date. Microsoft has a diversified business model and is well known for its widely used Office 365 software, Windows operating system, hardware offerings, and Azure cloud computing platform. The company gained from rapid digitization and accelerated shift to the cloud triggered by work-from-home mandates during the pandemic. With the waning of COVID-led favorable trends, MSFT’s revenue growth has slowed down due to a deceleration in Azure growth and lower Windows revenue owing to weakness in the personal computers (PC) market. Is Microsoft Stock a Buy? Despite near-term headwinds, Wall Street is positive about Microsoft’s multiple revenue streams and solid fundamentals. The Strong Buy consensus rating for Microsoft stock is backed by 25 Buys and two Holds. The average MSFT stock price target of $291.34 implies nearly 21% upside potential. Alphabet (GOOGL) (GOOG) Shares of Google parent Alphabet ( NASDAQ:GOOGL ) ( GOOG ) are trading above their pre-COVID high of $76.54 (GOOGL). Alphabet’s overall revenue grew 41% in 2021 compared to 13% rise in 2020, driven by strength in ad spending during the pandemic. However, high inflation and macro pressures led to a pullback in ad spending this year and impacted revenue from YouTube and Google’s search ads.         Is Alphabet Stock a Buy, Sell, or Hold? Wall Street is highly bullish about Alphabet based on 29 unanimous Buys. Analysts are confident that the company’s dominant position in the digital ads space will support long-term growth. Additionally, the rapid growth in Google Cloud revenue is worth paying attention though the business is not profitable yet. At $125.76, the average GOOGL stock price target implies 42.2% upside potential. GOOGL stock has tumbled 39% year-to-date. Tesla (TSLA) We finally discuss electric vehicle (EV) maker Tesla ( NASDAQ:TSLA ), which is often considered a tech stock by several investors and Tesla bulls. Supply chain and production disruptions triggered by the COVID-19 resurgence in China and macro pressures have dragged down Tesla stock this year. Also, Tesla CEO Elon Musk’s Twitter acquisition and the subsequent distraction have shaken investor confidence. Tesla is one of the worst-performing stocks of 2022, down over 65% year-to-date to $121.82. Nevertheless, it’s worth noting that the EV leader’s stock is still at a better level than the pre-COVID high of $64.60. What is the Average Price Target for Tesla? Despite ongoing economic pressures, several analysts are still optimistic about Tesla’s strong prospects in the lucrative EV market. The consensus Moderate Buy rating for TSLA stock is based on 19 Buys, 10 Holds, and two Sells. The average TSLA stock price prediction of $264.27 indicates nearly 117% upside potential. Conclusion Among the six stocks discussed above, Amazon and Meta Platforms are trading below their pre-COVID highs. Wall Street analysts are looking beyond the near-term macro pressures and are highly optimistic about Amazon, Apple, Microsoft, and Alphabet. Meanwhile, they are cautiously optimistic about Tesla and Meta Platforms. Special end-of-year offer: Access TipRanks Premium tools for an all-time low price!  Click to learn more. Disclosure

The Indian government may review its stance on Chinese investments to help global firms looking to relocate to the country, CNBC-TV18 reported on Friday, citing government sources.