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Major technology stocks delivered strong results again. This week, Alphabet, PayPal and eBay stood out the most. Alphabet (GOOGL) made the biggest splash, spiking more than 12 percent to new record highs. The search giant benefited from a stay-at-home boom in online...
Stocks inched lower last week, but the real story is the emergence of a new regime dominated by the next generation of technology firms. The S&P 500 fell 1 percent between Friday, December 4, and Friday, December 11. The Nasdaq-100 and Dow Jones Industrial...
Stocks began November with a monster rally, and there are at least five reasons why. The S&P 500, Nasdaq-100 and Dow Jones Industrial Average each had their biggest weekly gains since March. Technology stocks led the charge, along with health care and precious...
Apple unveiled its first 5G iPhones this month, and the suppliers are already flying. Semiconductor stocks like Qualcomm (QCOM), Skyworks Solutions (SWKS), Qorvo (QRVO) and Cirrus Logic (CRUS) jumped after beating earnings and revenue forecasts. QCOM rose the most,...
5G networking, bigger screens, a new upgrade cycle. Those are some reasons Apple's product launch today could be huge. Tim Cook, CEO of the world's most valuable company, is expected to unveil four new versions of the iPhone 12 at 1pm ET today. Prices will reportedly...
Stocks climbed again last week, fueled by strong technology earnings and more support from the Federal Reserve. The S&P 500 rose 1.7 percent between Friday, July 24, and Friday, July 31. The index has risen in four of the last five weeks. It also completed its...
The most important week of earnings season is over, with giant technology stocks like Apple and Amazon.com more than satisfying Wall Street's lofty expectations. Both companies shot past expectations thanks to strong demand and shining execution of their business...
Semiconductors are starting to outperform as investors prepare for results from firms like Intel and Advanced Micro Devices. The Philadelphia Semiconductor Index ($SOX) broke out to new record highs on July 6 and have held their ground since. Its relative strength...
It could have been a lot worse. That's the verdict after some of the most important technology companies reported earnings. Facebook (FB) and Alphabet (GOOG) rallied more than 5 percent after first-quarter revenue beat estimates. It was a huge relief for investors...