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Stocks
Are Apple and Tim Cook About to Copy Amazon Prime?

Are Apple and Tim Cook About to Copy Amazon Prime?

Apple is trying to shift from gadgets to services. Tomorrow could mark a big step in that evolution. The technology giant is apparently developing "Apple One" as bundled set of services like Amazon Prime. Details could emerge as early as 1 pm ET at Tuesday's "Apple...

Stocks Retreat Again. Is This the Pullback to Buy?

Stocks Retreat Again. Is This the Pullback to Buy?

Stocks fell again last week as investors took profits after five months of solid gains. The S&P 500 fell 2.5 percent in the holiday-shortened period between Friday, September 4 and Friday, September 11. It was the second straight negative week. Technology stocks...

Tesla Leads a Rebound in the Nasdaq as Buyers Defend Key Levels

Tesla Leads a Rebound in the Nasdaq as Buyers Defend Key Levels

Buy the dip. Buy the dip. Buy the dip. That was the mantra on Wall Street today. The Nasdaq-100 surged 3 percent, its biggest one-day gain since April 29. Tesla (TSLA), one of the most traded stocks in the entire market, led the bounce. Elon Musk's electric-vehicle...

Tesla Denied! Meet the Companies That Beat Elon Musk to the S&P 500

Tesla Denied! Meet the Companies That Beat Elon Musk to the S&P 500

One of the biggest events expected by investors didn't happen. Tesla wasn't added to the S&P 500. S&P Dow Jones Indices announced changes to the most important index on Friday afternoon. Three relatively small companies with a combined market capitalization of...

How Much Is Zoom Video Up Since its IPO?

How Much Is Zoom Video Up Since its IPO?

Zoom Video Communications just rallied to new record highs after the coronavirus pandemic fueled one of the most dramatic growth stories ever. ZM closed at $457.67 today. That's 1,171 percent above the $36 price where it went public just 16 months ago on April 18,...

Tesla and Apple Leap After Stock Splits. Will Amazon.com Follow?

Tesla and Apple Leap After Stock Splits. Will Amazon.com Follow?

Apple and Tesla jumped to new highs today after splitting their stocks. Will other big Nasdaq companies like Amazon.com follow? AAPL rose more than 3 percent and TSLA spiked over 13 percent. Their gains helped lift the the Nasdaq-100 to its ninth record level in the...

5 Big Milestones Last Week as Stocks Flew to New Highs

5 Big Milestones Last Week as Stocks Flew to New Highs

Stocks rose again last week as investors focused on technology companies and looked for the economy to rebound from the coronavirus pandemic. The S&P 500 rose 3.3 percent between Friday, September 21, and Friday, September 28. It was the biggest weekly gain since...

Stocks Reclaim Old Highs, Led by Breakouts in Apple and Tesla

Stocks Reclaim Old Highs, Led by Breakouts in Apple and Tesla

Stocks pushed back above their pre-Covid highs last week, with big technology companies like Apple and Tesla leading the charge. The S&P 500 rose 0.7 percent between Friday, August 14, and Friday, August 21. It was the index's fourth straight positive week,...