Apple Inc
Amazon and Google just closed out their worst months on Wall Street since 2008
Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers […]
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Wall Street analysts say investors should buy the Apple dip despite supply chain worries
“We would use any stock weakness as a buying opportunity,” said one analyst. Source
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, CEO […]
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Stocks making the biggest moves premarket: Robinhood, Amazon, Apple, Roku and more
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in premarket trading Friday. Apple — Apple’s stock price dipped 2% after […]
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TikTok looms large in tech earnings reports as digital ad giants struggle to keep up
Rafael Henrique | LightRocket | Getty Images As the heart of tech earnings season wraps up, one persistent theme has been weakness in the digital ad market. The war in Ukraine, rising inflation, Apple’s privacy changes and an overall pullback in ad spending help explain why Facebook, Google, Amazon and Twitter all reported disappointing revenue […]
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Apple’s big quarter shows that smartphones aren’t getting hit by weakening macroeconomic conditions
The results suggest that the premium smartphone market could be resilient if macroeconomic conditions deteriorate and consumers start watching their expenses. Source
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‘This is what you live for’: Top tech analyst says buy the dip on these high-quality stocks
Investors can get “high quality assets that are trading 20% off,” tech analyst Mark Mahaney says, revealing his top picks. Source
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Jim Cramer says he’d buy Facebook after earnings beat, but it’s too soon for ‘a victory lap’
CNBC’s Jim Cramer said Thursday that Facebook parent Meta is a buy after the social media platform beat Wall Street expectations on earnings in its first quarter. “While it’s too soon to be doing a victory lap here — the stock’s still down huge for the year — I feel like Meta Facebook’s turnaround efforts […]
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Bet against ‘superstar’ executives like Mark Zuckerberg and Tim Cook at your own peril, Jim Cramer warns
CNBC’s Jim Cramer on Thursday advised investors to trust big-name executives – especially those at the helm of the major companies that just reported quarterly earnings. “You bet against these superstar CEOs and CFOs at your own peril. … [they] don’t win every game, but over the long haul they win a lot more often […]
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Intel beats but offers disappointing guidance
Intel shares fell 4% in extended trading on Thursday after the chipmaker issued a lower-than-expected forecast for its fiscal second quarter. Here’s how the company did: Earnings: 87 cents per share, adjusted, vs. 81 cents as expected by analysts, according to Refinitiv. Revenue: $18.35 billion, vs. $18.31 billion as expected by analysts, according to Refinitiv. […]
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