Apple Inc
Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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Beijing pledges greater market access as top global CEOs gather at the China Development Forum
Chinese Vice Premier He Lifeng (R) shakes hands with US Senator Steve Daines before a meeting held in the Xinjiang Room at the Great Hall of the People in Beijing on March 22, 2025. Ng Han Guan | Afp | Getty Images China’s Vice Premier He Lifeng has reassured foreign business leaders that Beijing will […]
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Investors would have been better off buying Berkshire Hathaway shares than Mag 7 to start 2024
The Magnificent 7 tech magacaps fueled the AI-powered bull market, but lately Warren Buffett’s old-economy conglomerate Berkshire Hathaway is coming out on top. The CNBC Magnificent 7 Index, consisting of Apple , Alphabet , Nvidia , Microsoft , Tesla , Meta and Amazon , is up 43.4% since the beginning of 2024. Berkshire has handily […]
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The Magnificent 7’s lousy year, by the numbers
Elon Musk attends the first cabinet meeting hosted by U.S. President Donald Trump, in Washington, D.C., U.S., Feb. 26, 2025. Brian Snyder | Reuters It’s been a painful year so far for megacap technology giants and 2025 is only getting started. Six members of the group are already tracking for significant year-to-date losses, led by […]
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Friday’s big stock stories: What’s likely to move the market in the next trading session
Stocks’ attempt at extending the post-Fed rally failed on Thursday, with all three major averages notching modest losses. Here’s what CNBC is watching Friday. Source
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Nvidia CEO Huang says he was wrong about timeline for quantum, surprised his comments hurt stocks
Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, U.S., March 20, 2025. Stephen Nellis | Reuters Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the […]
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S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]
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Huawei’s $1,000 foldable will run self-developed HarmonyOS 5 as it pushes Apple, Google alternative
Richard Yu Chengdong, executive director of Huawei and chairman of the Board of Directors of the Consumer Business Group, introduces HUAWEI Pura X mobile phone at a new product launch conference on March 20, 2025 in Shenzhen, China. Vcg | Visual China Group | Getty Images Huawei’s Pura X, a foldable smartphone launched Thursday, is […]
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Nvidia’s Huang says faster chips are the best way to reduce AI costs
Nvidia CEO Jensen Huang introduces new products as he delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | AFP | Getty Images At the end of Nvidia CEO Jensen Huang’s unscripted two-hour keynote on Tuesday, his message was clear: Get the fastest chips that […]
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Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats
A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024. Evgenia Novozhenina | Reuters European Union regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald […]
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