Global stock markets suffered a second day of sharp losses on Tuesday as a combination of inflation worries, lofty valuations and an anti-monopoly drive in China sent the world's mightiest tech giants tumbling.
In the eyes of some investors, Apple (NASDAQ: AAPL) may have lost its appeal as an investment. With the company now roughly 10 years removed from the departure of Steve Jobs as its driving force and CEO, one might assume it has already seen its best days.With a market cap now exc
Futures tracking the Nasdaq dropped more than 1% on Tuesday, pointing to an another day of losses for technology-related stocks with lofty valuations on worries over inflation.
Alphabet Inc's Google has launched international money transfer partnerships with remittances firms Wise and Western Union Co for users of its U.S. payments app, the companies said on Tuesday.
Some of the world's biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc's Google, are joining top chip-makers such as Intel Corp to create a new lobbying group to press for government chip manufacturing subsidies.
Toshiba Corp's independent directors are finalising the hiring of advisers to work with the Japanese conglomerate at the centre of a potential private equity bidding war, and a decision could be taken this week, people familiar with the matter told Reuters.
Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
India's coronavirus crisis showed scant sign of easing on Tuesday, with a seven-day average of new cases at a record high and international heath authorities warning the country's variant of the virus poses a global concern.
Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
The Dow Jones Industrial Average momentarily climbed over the 35,000 mark Monday for the first time in the industrial average's long history. But that accomplishment took second billing to the Nasdaq Composite's nastiest dip in a couple of months.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #4 analyst pick. Apple Inc also comes in above the median of analyst picks among the broader S&P 500 index component
In early trading on Monday, shares of MMM topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.0%. Year to date, MMM registers a 18.5% gain.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
Don't listen to the naysayers--tech stocks are set to thrive in the coming months, and the sector is still a great place for us to go hunting for big, and growing, dividends.
The 5G network "supercycle" has arrived, and consumers are only just beginning to reap the benefits of better mobile data and communications services. Given the size of global mobile networks and the new use cases 5G unlocks, it's no surprise investors want a cut of the 5G boom.R
When combined with fundamental and technical factors (a 3-tiered methodology we call Expectational Analysis®), sentiment becomes a powerful tool for analyzing stocks, sectors, or the overall market. This is especially important as earnings season ramps up. Last
Britain's Prince Harry and U.S. chat show queen Oprah Winfrey will premiere their television documentary series on mental health issues later this month, with singer Lady Gaga and actress Glenn Close among those contributing.
ARK Invest and its CEO, Cathie Wood, have been making headlines in the investing world. The investment management firm is known for its high-flying ETFs, which have experienced phenomenal returns over the past year.Its flagship fund, the ARK Innovation ETF (NYSEMKT: ARKK), has ea