Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 Growth ETF, where 8,950,000 units were destroyed, or a 5.0% decrease week over week. Among the largest underly
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF Trust, which added 32,000,000 units, or a 3.7% increase week over week. Among the largest underlying components of SPY, in
Life is good for Apple (NASDAQ: AAPL) investors these days: The consumer tech giant has once again inched past Microsoft (NASDAQ: MSFT) for the market cap crown. But some investors feel that Apple has gone too high, too soon.
The competition between Microsoft (NASDAQ: MSFT) and International Business Machines (NYSE: IBM) is now a pairing of cloud titans. Microsoft elevated the head of its cloud division to CEO in 2014. IBM followed suit this past April.
Chinese tech giant Tencent (OTC: TCEHY) generates most of its revenue from its home market. But in recent years it's expanded overseas to reduce its dependence on China, where its social media and gaming businesses face tougher censorship and playtime restrictions, respectively.
There has never been a better time for Slack Technologies (NYSE: WORK) collaboration software, but the stock has been a disappointment for early investors. It has trailed the S&P 500 since it went public a little more than a year ago.
Both Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) touched market capitalization values over $1.5 trillion this week, and the next stop could be $2 trillion. Such sky-high valuations may seem way out of reach, but several analysts have already laid out cases for the two tech
When Microsoft (NASDAQ: MSFT) co-founder Bill Gates speaks, people tend to listen. Not only is Gates an acclaimed businessman and investor, he's also a well-known philanthropist who's made it clear that he's passionate about educating others.
After a rough Thursday for the Dow Jones Industrial Average (DJINDICES: ^DJI), the index attempted to stage a rebound on Friday. The Dow was up about 2% by noon EDT after some fluctuations earlier in the day.
Consumer electronics veteran Sony (NYSE: SNE) held an unveiling event for the PlayStation 5 video game console on Thursday. Here's a brief overview of the next-generation gaming system.
What happened
Shares of GameStop (NYSE: GME) dropped 14% on Thursday as the market indexes fell hard over fears of what a second wave of coronavirus cases could do to the economy.
Technology stocks were declining in late-day trading, with the SPDR Technology Select Sector ETF falling 5.5% while the Philadelphia Semiconductor Index also was slipping 6.3%.
Technology stocks were falling in mid-day trading, with the SPDR Technology Select Sector ETF declining 4% while the Philadelphia Semiconductor Index also was slipping 4%.