Apple Inc
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 […]
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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 […]
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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: […]
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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 […]
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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 […]
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Friday’s trading could trigger a $10 billion rush of demand for Nvidia shares. Here’s how
Key Points The Technology Select Sector SPDR Fund (XLK) has an upcoming rebalance based on Friday’s market caps. Apple and Microsoft are the two biggest holdings in the fund currently, at roughly 22% each. Nvidia makes up less than 6% despite being only slightly behind the two leaders in market cap. The jockeying between the […]
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Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The entire value of the S&P 500 currently stands at […]
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‘I don’t like Apple’: Why one veteran portfolio manager is steering clear of the tech giant
Tech giant Apple has made headlines this week following its artificial intelligence announcements — but one market watcher is unimpressed. “I do not like Apple,” Paul Meeks, co-chief investment officer at Harvest Portfolio Management told CNBC’s “Street Signs Asia” on Tuesday — while acknowledging that many people disagree with him. The manufacturer of iPhones, MacBooks […]
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What Trump told CEOs in their private meeting
Republican presidential candidate, former U.S. President Donald Trump gives remarks to the press at the National Republican Senatorial Committee building on June 13, 2024 in Washington, DC. Anna Moneymaker | Getty Images Donald Trump huddled with at least 80 CEOs on Thursday in Washington with a clear pitch to them: If he is elected president […]
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New Apple iPhone app proves just how hard it is to kill the online password
Apple Intelligence was unveiled during Apple’s Worldwide Developers Conference in Cupertino, California, on June 10, 2024. Source: Apple Inc. For years, cybersecurity experts have been predicting the death of the online password as more advanced log-in features, from facial recognition to multi-factor authentication, become more common. But it seems like Apple has accepted that the […]
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