Tech Leads Stock Rebound From Lows Amid Earnings: Markets Wrap
(Bloomberg) — A rally in big technology companies lifted stocks from Thursday’s lows, tempering concern over a bumpy economic rebound. Apple Inc., Amazon.com Inc., Alphabet Inc. and Facebook Inc. jumped in extended trading as results crushed Wall…
Apple stock heads for all-time high after earnings smash Wall Street expectations
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Apple had a much better quarter than Wall Street anticipated, as consumers proved resilient despite the COVID-19…
Tech Lifts U.S. Stock Futures; Dollar Extends Drop: Markets Wrap
(Bloomberg) — U.S. equity futures climbed after stellar earnings from technology giants, while the dollar extended this month’s slide amid renewed concern about the strength of the American recovery. Asian shares retreated. S&P 500 and Nasdaq…
Silver Mining ETF Tops in July: 5 Stock Winners
Global X Silver Miners ETF SIL topped the list of best-performing ETFs in July, gaining 32.6%. Being a leveraged play, metal miners tend to experience more gains than their bullion cousins in a rising metal market. The twin tailwinds of rebounding…
Stock futures open higher ahead of Big Tech hearing, Fed meeting
Stock futures opened higher Tuesday evening ahead of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate…
Stock Market News for Jul 28, 2020
Possibility of a coronavirus rescue program and positive expectations about tech earnings helped benchmarks close higher on Monday. Investors now brace for a momentous tech earnings week, with reports due from Facebook, Amazon, Alphabet and Apple to name…
The hottest trade in the stock market faces a huge test this week: Morning Brief
Monday, July 27, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Mega-cap tech stocks face mega risks It’s the hottest trade in the stock market. We’re talking about investors betting on Facebook…
Stock Index ETFs Continue To Slide As Tech Gets Battered
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…
Why Big Tech is riding high while the US stock market tanks
The S&P 500, a benchmark that tracks 500 large US-listed stocks, is back to its January levels after a big dip around the time that Covid-19 first hit the US. The steady performance of the stock market has mystified many observers, as it suggests a…
Intel’s stock plunges as work on new computer chip bogs down
SAN RAMON, Calif. (AP) — Intel is falling further behind in the race to build faster and more powerful computer chips, a nagging problem that may force the Silicon Valley pioneer to seek help from other manufacturers as it scrambles to catch up in the…