Markets

Apple shares fall despite record quarterly profits

Shares of Apple were down about 2.5% Thursday morning despite a strong earnings report. Apple reported record quarterly profits of $US28.76 billion on revenues of $US111.4 billion. Analysts at Wedbush called the quarter a “jaw-dropper” as the wearables and services segments outperformed. Sign up here for our daily newsletter, 10 […]
Apple shares fall despite record quarterly profits
Markets

Facebook to soar 26% on e-commerce, advertising strength, says BofA

Bank of America maintained its price target for Facebook at $US345 on Monday, implying a potential 26% climb for the social media giant. Analyst Justin Post expects the company’s e-commerce strength to drive strong year-over-year quarterly revenue growth. New features like Facebook Shops and Instagram Checkout are expected to bolster […]
Facebook to soar 26% on e-commerce, advertising strength, says BofA
Markets

FAANG stocks rebound after Democratic wins in Georgia shake Big Tech

FAANG stocks recovered Thursday after a tough Wednesday session caused by Georgia’s surprising election results. Gillman Hill Asset Management CEO Jenny Harrington pointed to newfound clarity of what’s to come from Washington as her reasoning for the rebound. Other analysts noted the potential for more fiscal support and less political […]
FAANG stocks rebound after Democratic wins in Georgia shake Big Tech
Markets

FAANG stocks tumble as Georgia election result heightens uncertainty for Big Tech

Georgia’s run-off election results are creating heightened uncertainty for Big Tech names, as the likelihood of regulation from a Democrat-controlled Senate increases. Facebook, Apple, Amazon, Netflix, and Google were all down around 2% in premarket trades. Traders and strategists argue that cyclical and value stocks will benefit from the result, […]
FAANG stocks tumble as Georgia election result heightens uncertainty for Big Tech
Markets

How to invest in tech stocks, a risky but fast-rising segment of the market

Tech stocks are shares in companies in the technology industry – a huge sector that includes telecommunications, IT, electronics, and computer hardware and software. Tech stocks offer some of the best growth potential, but – like most high-reward investments – they come with high risks too. Since many tech stocks […]
How to invest in tech stocks, a risky but fast-rising segment of the market
Markets

FAANG stands for five very successful tech companies that can move the stock market — here’s what to know about investing in them

FAANG is an acronym that stands for five major, highly successful US tech companies: Facebook, Amazon, Apple, Netflix, and Google. Comprising 15% of the S&P 500, FAANG stocks’ performance has a substantial effect on the overall market. Investors can buy FAANG stocks individually or via tech industry-focused funds. Visit Insider’s […]
FAANG stands for five very successful tech companies that can move the stock market — here’s what to know about investing in them
Markets

Billionaire investor Leon Cooperman praised tech stocks, criticised Trump, and disclosed his first gold bet in a new interview. Here are the best 12 quotes.

Leon Cooperman sounded the alarm on the ballooning federal deficit and downplayed the medium-term prospects for US stocks in a RealVision interview released this week. The billionaire boss of Omega Advisors also praised “big tech” stocks, called out Tesla CEO Elon Musk, criticised both Republicans and Democrats, and revealed that […]
Billionaire investor Leon Cooperman praised tech stocks, criticised Trump, and disclosed his first gold bet in a new interview. Here are the best 12 quotes.
Markets

Apple sheds 8% in worst day of trading since late March

Summary List Placement Apple shed as much as 8% on Thursday in its worst day of trading since late March. The technology company has shed nearly 9% since Tuesday. On Monday, Apple’s 4-for-1 stock split went into effect. Watch Apple trade live on Markets Insider. Read more on Business Insider. […]
Apple sheds 8% in worst day of trading since late March
Markets

Goldman Sachs US stock chief explains why you should still buy tech even as it faces 2 big risks and record market dominance

David Kostin spoke to the Exchanges at Goldman Sachs podcast about the two big risks of technology’s record market dominance. Goldman’s chief equity strategist said that positioning limits in mutual funds and looming antitrust legislation pose risks for those looking to invest in technology. However, he recommended investors add growth […]
Goldman Sachs US stock chief explains why you should still buy tech even as it faces 2 big risks and record market dominance