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Apple, Microsoft Set Positive Tone Ahead Of Another Key Earnings Week: Analyst Says Tech Stocks Are Oversold
Monday, January 31, 2022 - 5:19am | 632Apple Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT), which released their quarterly earnings data last week have set a positive tone for the upcoming week, which will see other tech stalwarts release their own numbers. What Happened: Wedbush analyst Dan Ives said in a recent note that...
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This FAANG Stock Emerged As The Winner For 2021 — And It Isn't Apple
Friday, December 31, 2021 - 1:26pm | 675The FAANGs, which command a combined market capitalization of a whopping $7.8 trillion, are five high-profile companies that dominate the U.S. tech sector. The acronym stands for Meta Platforms Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Netflix ...
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What Does Ryan Cohen Mean By MGGA?
Monday, November 1, 2021 - 4:48pm | 591Ryan Cohen is no stranger to sharing short cryptic tweets to his 200,000+ Twitter Inc (NYSE: TWTR) followers. On Sunday, the Chairman of GameStop Corp (NYSE: GME) was back at it with a short tweet being dissected by investors. What Happened: On Oct. 31, Cohen sent the simple tweet of “MGGA....
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Why This Analyst Sees Further Upside To FAANG Stocks — With Apple As A 'Favorite' Pick
Monday, November 1, 2021 - 6:36am | 523Tech stocks still have upside left in them, Wedbush analyst Daniel Ives said in a note Sunday, while acknowledging the supply chain issues plaguing underlying businesses in the short term. What Happened: Ives said that the “tech rally has legs well into 2022 given stellar growth...
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Here's The New Acronym From Jim Cramer Replacing FAANG
Friday, October 29, 2021 - 11:46am | 802In a highly anticipated move, Facebook, Inc. (NASDAQ: FB) announced its new name and a new stock symbol Thursday at its Facebook Connect event. The new stock ticker and name could change one of the most well-known investing acronyms of big tech stocks. What Happened: The acronym FAANG was coined by...
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Treasury Yields Hit Highest Level Since June, Weighing On Tech Sector In Particular
Tuesday, September 28, 2021 - 10:12am | 2139Technology stocks came under heavy selling pressure early Tuesday as investors looked at a combination of uncertainty on Capitol Hill coupled with all but the certainty that borrowing costs will increase. The yield on the benchmark 10-year note jumped more than 5 basis points to the top 1.54%, its...
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Tech Market In Focus After Big Friday Slide From Apple, Alphabet Following Judge's Decision
Monday, September 13, 2021 - 11:13am | 2311September has a bad reputation around Wall Street. It’s living up to that so far as last week was the worst in three months, but some green shoots pushed through the sidewalk cracks this morning as eyes turn to the Tech sector after a ragged Friday. Stocks enter the week on a five-day...
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Tuesday's Market Minute: LEO, 5G & What To Expect From The iPhone 13 Release
Tuesday, August 31, 2021 - 10:17am | 436September this year means one thing and one thing only: it’s time for new Apple (NASDAQ: AAPL) products. As the days begin dwindling down to the highly anticipated iPhone 13 drop, rumors have flooded the internet on what to expect from one of the most profitable companies in the world when it...
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Market Wavers Ahead Of Fed's Virtual Jackson Hole Symposium, But Durable Goods Impress
Wednesday, August 25, 2021 - 10:17am | 2214Maybe as a kid, you waited all week to hear the top-40 broadcast. Well, today the countdown begins, but Casey won’t be the deejay. It’s all about counting the hours until Friday morning when we’ll hear from Fed Chairman Powell. Sometimes the market is telling you to be extra...
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Big Tech's Q2 Results Are Poking The Regulatory Bear
Friday, August 6, 2021 - 10:09am | 1114Last week, three tech giants, Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Google's parent Alphabet (NASDAQ: GOOG) reported they earned combined profits that exceed $50 billion during the second quarter. The April-June results reflect Big Tech's unparalleled influence and success but...
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Apple's Strongest June Quarter Ever Was Overshadowed By Chip Shortage
Monday, August 2, 2021 - 10:11am | 794Last week, Apple Inc's (NASDAQ: AAPL) reported record fiscal third-quarter results that were unfortunately overshadowed by the forecast of slowing growth that sent shares south. In total, Apple, Alphabet (NASDAQ: GOOG), and Microsoft (NASDAQ: MSFT) generated $189.4bn in revenue during the...
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Strong Month; Weak Finish: Stocks, Treasury Yields Under Pressure In Early Friday Trading
Friday, July 30, 2021 - 10:13am | 2489The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Whether you’re running for the gold medal in Tokyo or running for honor in the three-legged race at the summer barbecue, it’s...
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Alphabet's Majestic Q2 Results Show It Remains King Of Search And Video Ads
Thursday, July 29, 2021 - 5:21pm | 843On Tuesday after the bell, Big Tech crushed earnings with Apple (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG), and Microsoft (NASDAQ: MSFT) making a $57 billion quarterly profit. Their earnings report figures were powered by a rise in advertising spending. In simple words, this performance was...
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Afternoon Face-To-Face with Facebook, Fed Chairman Powell, Next On Calendar
Wednesday, July 28, 2021 - 10:29am | 2358The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. There’s going to be a slight interruption in the earnings parade later today when the Fed concludes its meeting. The question...
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Apple, Alphabet, Microsoft, Facebook, And Amazon: Earnings Moves And Options Preview
Tuesday, July 27, 2021 - 3:53pm | 1074The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Earnings season is in full swing over the next 3 days, with reports from the largest tech companies in the world. Below are the expected...