Daniel Flax News Today

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Wall Street is rewarding tech companies like Meta and Amazon for showing financial discipline and maturation.

Apple, Inc. (NASDAQ: AAPL) shares have already fallen more than 5% in 2024 as the company battles weaker consumer demand and restrictions in the Chinese market, but one analyst believes the company is well-positioned for

People have been less interested, lately, in splurging on new computers, phones, and tablets. The reasons for this are not a mystery: "Consumers face pressure from general interest rates, higher inflation," explains Daniel Flax of Neuberger Berman. Despite Apple's status as a tech behemoth, it is also suffering the consequences of the trend.

The Dow Jones Industrial Average is up in the first six months of 2023, a rebound from a negative return in 2022. Through the first six months, 15 stocks of the 30 stocks that make up the composite index are up and 15 are down.

Despite Big Tech's big run to start the year, Neuberger Berman's Daniel Flax still sees opportunity in a few of the mega caps heading into the back half of the year. 

Daniel Flax, Neuberger Berman Senior Research Analyst, discusses the tech rally and whether it's at risk following the latest Fed policy decision.

Nvidia rallied on Wall Street Tuesday following a "buy" recommendation from an HSBC analyst as the chipmaker continues to dominate in the A.I. space.

Amazon’s CEO has cited reduced mortgage volume and cryptocurrency trading as factors affecting usage of the company’s AWS cloud service in the recent quarter.

Exchange-traded funds, or ETFs, are continuing to gain traction in the investing world as investors look to shield themselves from market volatility.