The personal computer (PC) market has been booming with no signs of slowdown despite the chip shortage. After registering the biggest increase in decades last year, PC sales saw the fastest year-over-year growth in the last two decades for the first quarter of 2021 buoyed by strong demand from consumers […]
ETFs
Whether we are discovering the latest sports news on Twitter, posting about our weekends on Instagram, or purchasing a Halloween costume using one-day delivery on Amazon, our dependence on technology is clear. The explosion of smart devices, which allows us to manage almost everything using just a smartphone and a […]
Rivian Automotive Inc., the electric-vehicle start-up backed by Amazon.com Inc. (AMZN) and Ford Motor Co. (F), has reportedly filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter, as quoted on Bloomberg. At an $80-billion valuation, Rivian would likely […]
Jul 30 was marked with big tech earnings releases. After market close, tech behemoths Facebook (FB), Amazon (AMZN), Apple (AAPL) and Alphabet (GOOG, GOOGL), each reported quarterly results that topped estimates, reaffirming the sustainability (or rather the winning spree) of tech stocks amid the pandemic. How Stellar Were Tech Earnings […]
After the closing bell yesterday, Apple Inc. AAPL encouraged its investors with blockbuster third-quarter fiscal 2020 results, wherein it topped both earnings and revenue estimates. Apple Q3 Results in Focus Earnings per share came in at $2.58, beating the Zacks Consensus Estimate by 55 cents and improving 18% from the […]
Amid rising U.S.-China tensions and worsening COVID-19 crisis, precious metals have become attractive and more appealing to investors. Gold has skyrocketed to an all-time high nearing $2,000 per ounce while silver has jumped to the highest level of nearly $25 in seven years. The weakness in the U.S. dollar against […]
The clean energy space has been showing strength on the presumptive Democratic presidential candidate Joe Biden’s push for clean energy and infrastructure plans. Merger activity added to investors’ enthusiasm. The popular ETFs in the space — iShares Global Clean Energy ETF ICLN, Invesco Solar ETF TAN, First Trust NASDAQ Clean […]
Precious metals have been on a smooth ride with silver prices skyrocketing to their highest level in seven years. Silver price soared 15% last week, bringing year-to-date gains of 28%. With this surge, the white metal is outpacing gold, which has rallied 24% so far this year (read: Here’s Why […]
This article was originally published on ETFTrends.com. Stocks and index ETFs are continuing their slide on Friday after sinking in volatile trading on Thursday as tech shares led the broader market drop and traders absorbed the lackluster unemployment data. The Dow Jones Industrial Average dropped 1.3%, while the S&P 500 […]
This article was originally published on ETFTrends.com. The iShares Silver Trust (SLV) and the Aberdeen Standard Physical Silver Shares ETF (SIVR) are the toast of the commodities exchange traded products universe and there could be more upside ahead for silver following what’s recently been a remarkable run. SIVR seeks to […]