Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
The Dow Jones Industrial Average momentarily climbed over the 35,000 mark Monday for the first time in the industrial average's long history. But that accomplishment took second billing to the Nasdaq Composite's nastiest dip in a couple of months.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
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 Inc also comes in above the median of analyst picks among the broader S&P 500 index component
In early trading on Monday, shares of MMM topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.0%. Year to date, MMM registers a 18.5% gain.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
Don't listen to the naysayers--tech stocks are set to thrive in the coming months, and the sector is still a great place for us to go hunting for big, and growing, dividends.
The 5G network "supercycle" has arrived, and consumers are only just beginning to reap the benefits of better mobile data and communications services. Given the size of global mobile networks and the new use cases 5G unlocks, it's no surprise investors want a cut of the 5G boom.R
When combined with fundamental and technical factors (a 3-tiered methodology we call Expectational Analysis®), sentiment becomes a powerful tool for analyzing stocks, sectors, or the overall market. This is especially important as earnings season ramps up. Last
Britain's Prince Harry and U.S. chat show queen Oprah Winfrey will premiere their television documentary series on mental health issues later this month, with singer Lady Gaga and actress Glenn Close among those contributing.
ARK Invest and its CEO, Cathie Wood, have been making headlines in the investing world. The investment management firm is known for its high-flying ETFs, which have experienced phenomenal returns over the past year.Its flagship fund, the ARK Innovation ETF (NYSEMKT: ARKK), has ea
The NASDAQ 100 Pre-Market Indicator is down -46.89 to 13,672.74. The total Pre-Market volume is currently 12,939,564 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.12 at $11.35, with 1,162,573 shares t
Apple’s (NASDAQ:AAPL) highly lucrative services business faces its biggest legal challenge yet, as the Epic Games lawsuit against Apple and its AppStore went to trial on Monday. Epic alleges that Apple’s AppStore is an anti-competitive marketplace, that locks in cus
Peloton’s stock (NASDAQ: PTON) fell by almost 15% in Wednesday’s trading, after the company said that it would be carrying out voluntary recalls of its treadmill machines – the Tread+ and Tread over safety issues, offering users a full refund. The Tread+ treadmi
Digital music company Believe on Monday announced plans for a Paris stock market listing aiming to raise around 500 million euros ($608 million) to finance its expansion.
Digital music company Believe announced on Monday plans for a Paris stock market listing which it hoped would raise around 500 million euros ($608 million) to finance its expansion.
Peloton (NASDAQ: PTON) has taken investors on a wild ride since its IPO in September of 2019. The stock was priced at $29, but initially slumped below its offering price as investors questioned the appeal of Peloton's expensive exercise bikes and streaming spin class subscription
Every day, the media seems to promote a hot new trend for investors to chase. Cryptocurrencies, NFTs, SPACs, and other buzzy terms frequent the headlines with jargon and lofty promises.Investors might profit from some of those trends, but there are other markets that are more res
Cirrus Logic's (NASDAQ: CRUS) mini stock market rally came to a screeching halt at the end of April after the chipmaker's fourth-quarter results and guidance failed to pass muster. Investors immediately pressed the panic button after it came out that Apple's (NASDAQ: AAPL) terrif
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