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April 24, 2024
(Bloomberg) — Big tech sold off in late hours after Meta Platforms Inc.โs disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) got hit after the close of regular trading as the Facebook…
April 24, 2024
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.
April 23, 2024
(Bloomberg) — US equity futures held slim gains as the busiest week of the earnings season gathered momentum, with hopes for a sustained rally hinging on whether big tech can justify lofty valuations inspired by the artificial intelligence boom. Contracts on the S&P 500 and Nasdaq 100 edged about 0.3% higher after Wall Streetโs rebound…
April 23, 2024
Big technology earnings this week could offer a much-needed catalyst for a market under pressure. How the companies perform is a major test.
April 23, 2024
In the ever-evolving landscape of tech giants, Apple Inc. emerges as a beacon of resilience amidst market turbulence.
April 23, 2024
The company has a "rich catalyst path with defensive cash flows," wrote analyst Wamsi Mohan, who has a buy rating and $225 price target on the stock.
April 23, 2024
CNBC's Jim Cramer, on Monday, highlighted the positive performance of the stock market but cautioned that the upcoming Big Tech earnings could determine the market's future.
April 23, 2024
(Bloomberg) — Asian stocks rose after US shares rebounded from a $2 trillion selloff on optimism big tech leaders will announce hefty profits this week. Equity benchmarks in Hong Kong advanced, along with those in Japan and South Korea, while mainland Chinese equities slipped. Futures for US shares traded mixed after the S&P 500 topped…
April 23, 2024
Morgan Stanley trimmed its price target on the stock to $210 from $220 on Monday, expecting Apple to give a disappointing forecast when it reports
April 23, 2024
The S&P 500 and Nasdaq try for two in a row Tuesday, one day after breaking their six-session losing streaks.