The S&P 500 was on track to open at all-time highs on Tuesday, building on a record-setting rally amid thin trading volumes, with investors unshaken by Omicron-driven travel disruptions and store closures.
Today's video focuses on Meta Platforms (NASDAQ:FB), formerly known as Facebook, and how this could be the best quarter for Oculus, its virtual reality hardware. Here are some highlights from the video.
The NASDAQ 100 Pre-Market Indicator is up 63.44 to 16,630.94. The total Pre-Market volume is currently 17,691,607 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is -0.09 at $5.60, with 2,879,438 shares trade
The NASDAQ 100 Pre-Market Indicator is up 63.44 to 16,630.94. The total Pre-Market volume is currently 17,691,607 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is -0.09 at $5.60, with 2,879,438 shares trade
Holding good companies for a long time is one of the best ways to build wealth in the stock market, as such a strategy allows investors to take advantage of the power of compounding and benefit from secular growth trends in fast-growing markets.
Apple (NASDAQ: AAPL) and Facebook, now known as Meta Platforms (NASDAQ: FB), are two of the biggest companies. As fellow tech giants, there's no doubt many investors have had to choose between the two for their investment dollars. While both have been great stocks to own over the
A stock's valuation not only reflects its growth outlook, but also risks. After all, many consumer staples and utilities stocks don't feature much growth, but still trade at price-to-earnings (P/E) ratios in the 20s or even 30s, due to their low-risk and recession-resistant busin
In May, San Diego-based Emily was feeling flush from a year of double-digit gains earned from trading stocks. Equity options, which some fellow stay-at-home investors were dabbling in, would juice up her returns, she decided.
The S&P 500 and Dow futures hit all-time highs on Tuesday, building on a record-setting rally amid thin trading volumes, with investors trying to shrug off the impact from Omicron-driven travel disruptions and store closures.
According to Google Trends, consumers' search interest in the term "metaverse" has grown 10 times over the past three months, and the term is now widely popular in nearly all 50 states. With so much of the population warming up to the idea of the metaverse, now is the time to loo
Contract electronics manufacturer Jabil (NYSE: JBL) looked like a top stock to buy going into its fiscal 2022 first-quarter results thanks to its attractive valuation and bright prospects. It wasn't surprising to see the company crush recent earnings expectations with a strong se
Stock market followers will recognize the acronym FAANG, although name changes make it somewhat dated. Facebook recently changed its name to Meta Platforms (NASDAQ: FB). The other companies are Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASDAQ: NFLX), and Alphabet (NAS
According to a report published by Reuters, Apple, Inc. (NASDAQ:AAPL) has disallowed indoor shopping at all its stores in New York City, following a rise in Omicron cases.
People can place orders online and pick them up from the stores in the city, including the outlets at Fifth Avenue, Grand Central and SoHo.
The company said, “We regularly monitor conditions and we will adjust both our health measures and store services to support the wellbeing of customers and employees.”
Earlier in December, Apple had temporarily shut three stores in Canada and the U.S. after the stores' employees were exposed due to a rise in COVID-19 cases.
Meanwhile, the company’s shares closed 2.3% up on Monday. However, in the after-hours trading session, the stock lost 0.3% to end the day at $179.80.
Wall Street’s Take
Last week, Citigroup (C) analyst Jim Suva maintained a Buy rating on the stock and raised the price target to $200 from $170 (11% upside potential).
In a research note, the analyst said, “Apple shares will continue to benefit from the company’s aggressive posture on returning cash to holders via dividends and especially stock repurchases.”
Overall, the stock has a Strong Buy consensus rating based on 21 Buys, 4 Holds and 1 Sell. The average Apple stock forecast of $175.28 implies 2.8% downside potential. Shares have gained 34.5% over the past year.
Website Traffic
TipRanks’ Website Traffic Tool, which uses data from SEMrush Holdings (SEMR), the world’s biggest website usage monitoring service, offers insight into Apple’s performance.
Apple Inc said on Monday it has closed all of its 12 New York City stores to indoor shopping as cases of the Omicron coronavirus variant surged across the United States.
The stock market continued its year-end rally on Monday, building on momentum from before the long holiday weekend. The S&P 500 (SNPINDEX: ^GSPC) set another record high, and gains for the Dow Jones Industrial Average (DJINDICES: ^DJI) and Nasdaq Composite (NASDAQINDEX: ^IXIC
In this week's episode of Market Foolery, host Chris Hill and Fool.com contributor Jason Moser take a look at some market news and discuss why the CEOs of The Trade Desk (NASDAQ: TTD), Cloudflare (NYSE: NET), and Dick's Sporting Goods (NYSE: DKS) should receive strong considerati
The NASDAQ 100 After Hours Indicator is up 2.15 to 16,569.65. The total After hours volume is currently 56,602,867 shares traded.The following are the most active stocks for the after hours session: BellRing Brands, Inc. (BRBR) is +0.09 at $27.85, with 9,203,547 shares traded. A
The S&P 500 index ended at a record high on Monday, its fourth straight session of gains, as strong U.S. retail sales underscored economic strength and eased worries from Omicron-driven flight cancellations that hit travel stocks.
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