A rise in Apple shares and easing Treasury yields bolstered the tech-heavy Nasdaq index on Monday as focus shifted to Federal Reserve Chair Jerome Powell's testimony and jobs data this week for fresh cues on the trajectory of interest rates.
What happened
Shares of Apple (NASDAQ: AAPL) stock popped on Monday morning, up 3.1% through 11:15 a.m. ET -- but why Apple popped is owing to something that happened on Sunday. Specifically, last night, investment bank Goldman Sachs announced it was initiating coverage of the te
Robinhood Markets (NASDAQ: HOOD) is considered by some to be a platform for trading speculative meme stocks and cryptocurrencies. That's why it isn't surprising that its own investor index of popular stocks on the platform counts AMC Entertainment and GameStop as two of its 10 mo
In early trading on Monday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.8%. Year to date, Apple registers a 18.3% gain.
U.S. stock indexes rose on Monday as Treasury yields pulled back further ahead of Federal Reserve Chair Jerome Powell's testimony and jobs data this week that could offer fresh cues on the trajectory of interest rates.
Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) are two of the world's leading tech companies, with market caps at $961 billion and $2.35 trillion, respectively. These companies have competed in consumer tech and, more recently, streaming.
Wall Street closed sharply higher on Friday to end a volatile trading week, as Treasury yields eased from their recent highs and economic data helped investors look past the growing chances of the Fed continuing with its steep rate hike policy till the end of this year. A
Qualcomm (NASDAQ: QCOM) believes that Apple (NASDAQ: AAPL) will slow down its purchases of mobile modems shortly as it continues to bring more chip design and production in-house. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, a
Early in 2023, it was announced that Apple (NASDAQ: AAPL) is working on designing its own WiFi and Bluetooth chips for its devices. The chips Apple wants to replace are supposedly those from silicon design powerhouse Broadcom (NASDAQ: AVGO).Reports further suggest that Apple migh
Online Insurance platform Lemonade Inc. (NYSE: LMND) stock surged to $18.88 from $16.44 after releasing its Q4 2022 earnings. However, shares cratered back down to $15.69 after gapping. Shares continued to chop around $16 and then fell to the $14.61 weekly market structure low (
U.S. stock indexes were set to open higher on Monday as Treasury yields retreated further, ahead of Federal Reserve Chair Jerome Powell's testimony and jobs data this week that could offer fresh cues on the trajectory of interest rates.
Stocks that pay out a quarterly dividend usually pay in cash. Income investors seek out stable dividend stocks to collect dividend payments. Some stocks offer dividend reinvestment programs (DRIPs) which allow reinvesting the cash dividend into more stock with no fees or commiss
Toward the end of last year and at the start of this year, the investment banking powerhouse Goldman Sachs (NYSE: GS) indicated that it was planning to significantly scale back its consumer banking ambitions, which it formally began six years ago.
U.S. stock index futures inched lower on Monday as investors awaited Federal Reserve Chair Jerome Powell's testimony and monthly payrolls report this week for cues on the central bank's interest-rate trajectory.
A smart beta exchange traded fund, the iShares Core S&P U.S. Growth ETF (IUSG) debuted on 07/24/2000, and offers broad exposure to the Style Box - All Cap Growth category of the market.
The Invesco NASDAQ 100 ETF (QQQM) was launched on 10/13/2020, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
U.S. stock index futures were subdued on Monday as investors awaited Federal Reserve Chair Jerome Powell's testimony and monthly payrolls report this week for cues on the central bank's interest-rate trajectory.
While much of the semiconductor industry is in a slump, primarily from falling smartphone and PC sales, Broadcom (NASDAQ: AVGO) has been a standout performer. In fact, the stock is approaching all-time highs last reached in late 2021, and it has nearly doubled in value since the