Apple Inc
Stock futures are little changed as investors await May retail sales data: Live updates
Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images Stock futures are near flat Monday night after a winning day on Wall Street as investors gear up for May retail sales data. Dow Jones Industrial Average futures rose 28 points, or 0.1%. […]
Read More
Apple stops offering buy now, pay later loans in U.S.
Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later program that launched last year. The move comes after Apple said it would […]
Read More
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | Reuters Nvidia‘s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on Apple. The index that […]
Read More
Apple analyst Kuo says new Apple Watch will include larger screen, thinner design
Apple Watch Series 9 Source: Apple Inc. Apple Analyst Ming-Chi Kuo said in a blog post on Monday that the next Apple Watch will be thinner and have a larger screen. The Apple Watch Series 10 is expected to be released in September when the company typically introduces its next batch of wearables and new […]
Read More
Apple supplier TDK says battery breakthrough can deliver higher performance for wearable devices
Apple Watch SE is seen in a store in Krakow, Poland on April 20, 2024. Nurphoto | Nurphoto | Getty Images Japanese electronic parts maker TDK on Monday said it had successfully developed a material for its solid-state batteries, making a breakthrough that it estimates could deliver significantly higher performance for wearable devices. The Tokyo-based […]
Read More
This ETF strategy may help investors skirt market concentration risk
Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500. He thinks his firm’s exchange-traded fund strategy can provide better returns in the long run, emphasizing companies […]
Read More
The 4 key things we’re watching in the stock market this holiday-shortened week
The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling of inflation and Treasury yields retreated. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P 500 rose 1.6% and the Dow Jones Industrial Average fell 0.5%. Economic updates […]
Read More
The unloved stock market rally: Why so many investors find it hard to embrace this run to records
What to make of a record-setting market rally that elicits more mistrust than fear of missing out? The S & P 500 has made an all-time high on nearly thirty days this year, four of them this past week. U.S equity wealth has never been greater, and the index path has even been pretty smooth: […]
Read More
These five stocks are primed for upside, including this alternative to Nvidia, Morgan Stanley says
Morgan Stanley analysts named a slate of stocks this week they think are too attractive to ignore. The firm called out a list of overweight-rated companies that have solid prospects for upside. CNBC Pro combed through Morgan Stanley research to find stocks that are primed for growth this summer. They include Apple, Toast, Broadcom, Arista […]
Read More
Apple is now overbought after rallying to record highs this week. Here are other names due for a pullback
Apple’s rally this week has made the iPhone maker one of the most overbought stocks on Wall Street, with its newly announced push into artificial intelligence lifting shares above $200. Apple is up nearly 8% this week after unveiling an array of new AI features at its annual Worldwide Developers Conference . It’s also the […]
Read More