Two Sigma Investments, Hudson Bay Capital Management, and Soros Fund Management were among the prominent hedge funds that added stakes in mega-cap technology companies in the last quarter, positioning themselves to potentially benefit from the recent comeback in growth stocks.
The NASDAQ 100 After Hours Indicator is down -7.84 to 13,659.34. The total After hours volume is currently 68,269,522 shares traded.The following are the most active stocks for the after hours session: Warner Bros. Discovery, Inc. (WBD) is +0.02 at $13.14, with 5,642,246 shares
U.S. stocks were higher in afternoon trading on Monday, adding to recent strong gains, with megacap growth shares rising as U.S. Treasury yields eased.
A federal judge in California has signed off on Apple Inc.'s $30.5 million settlement in a nearly decade-old lawsuit claiming the company shortchanged 15,000 retail workers by not paying them for time spent in security checks after their shifts.
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #4 analyst pick. Apple is also a top tier analyst pick among the broader S&P 500 index components, claiming the #49
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco Russell 1000 Dynamic Multifactor ETF, where 9,510,000 units were destroyed, or a 17.3% decrease week over week. Among the largest
On August 7, the U.S. Senate passed the Inflation Reduction Act, authorizing $740 billion in spending. Days later, the legislation passed the House of Representatives as well -- and it is now on its way to President Joe Biden to sign.
Stock Market Today Mid Morning UpdatesOn Monday morning, the Dow Jones Industrial Average opened modestly lower by 10 points. This comes after four straight weeks of S&P 500 gains. Also, China reported disappointing economic data, which weighed on markets on Monday morning. T
Walt Disney (NYSE: DIS) blew the market away with its second-quarter earnings report. It not only beat Wall Street predictions on its top and bottom lines but also catapulted the entertainment giant into the lead over rival Netflix (NASDAQ: NFLX) by adding 14.4 million new subscr
There is no better vehicle for creating wealth than investing in stocks. They beat out gold, bonds, real estate, and certainly cryptocurrencies. And while one asset class or another may outperform stocks over short periods of time, history proves that if you want to accumulate la
U.S. stock indexes headed for a lower open on Monday, mirroring global markets, after weak economic data from China rekindled fears of an economic slowdown in the world's second-largest economy.
Apple (AAPL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Saudi Arabia's Kingdom Holding Co, the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in three major Russian energy companies between February and March, regulatory filings showed.
U.S. stock index futures fell on Monday, taking cues from global markets, after weak economic data from China rekindled fears of an economic slowdown in the world's second-largest economy.
Bye-bye, bear market? The S&P 500 only briefly entered bear market territory in June. The Nasdaq Composite Index stayed in a bear market longer. However, it's now up 20% from the low -- a criterion that some use to determine when a bear market is over.
America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segregated Indians for generations.
Netflix (NASDAQ: NFLX) still stands above all the other streaming networks, with 220 million subscribers and $8 billion in revenue. However, it continues to take a beating from the many other streaming companies that are trying to topple it and capture market share.
While it tac
This week, a number of high-profile semiconductor companies confirmed that consumer electronics spending is hitting a rough patch. Nvidia (NASDAQ: NVDA) said that PC and laptop demand is hurting its video game segment, and Micron Technology (NASDAQ: MU) said PC and smartphone sal