(Updates with market moves at the end of the day.) US equity benchmarks slipped Friday as Presid
Wall Street's main stock indices overcame an early bout of tech jitters Friday thanks to buy-the-dip traders, finishing mildly lower, while oil prices fell as shipping traffic resumed through the Strait of Hormuz.While US stocks retreated early, they were saved by investors swooping in to "buy the dip."
US equity indexes were mixed as a decline in technology hit tech-heavy gauges, outweighing a lift in
Apple Inc. (NASDAQ:AAPL) is trading higher on Friday. It has dropped about 12% since the beginning of June. But the sell-off may be over. The shares are oversold and at support — and these can be bullish dynamics. This is why Apple is the Stock of the Day. • What’s driving AAPL shares up today? In February and again in April, Apple ran into resistance at the $275 level. People who sold there thought they made a smart decision when the price dropped afterward. But when the resistance broke, and t
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
The power trend has generated impressive gains. Get ready to deal with whatever comes next with five guidelines for how to invest.
Apple Inc. is losing a pillar of its spatial computing ambitions to OpenAI. Paul Meade, the Vice President overseeing the Vision Pro headset and Apple’s upcoming smart glasses, is departing the tech giant. Meade will exit Apple by next week to spearhead OpenAI’s burgeoning hardware division, according to a Bloomberg report. At OpenAI, he is tasked with bringing a new family of AI-native devices to life. Neither company has officially commented on the move. Meade isn’t just a manager; he’s an arc
Johnson's upcoming book, "Shop Different," covers his challenges and successes at Target and Apple, and marks the first time he expounds on his truncated tenure at JCPenney.
The S&P 500 is set to undercut a key level Friday while the Nasdaq tests recent lows. Micron is giving up a slice of Thursday's gains.
(Bloomberg) -- Apple Inc.’s top executive in charge of the Vision Pro headset and the company’s smart glasses efforts is leaving for OpenAI, continuing a streak of high-profile defections to rivals in the artificial intelligence and hardware sectors.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormu
Microsoft (NASDAQ:MSFT) stock is rebounding sharply Friday afternoon, with shares up 5% to $371 as the broader memory and semiconductor tape stabilizes. The bounce offers a rare bright spot in what has been a punishing stretch for one of the market’s most widely held names. The recovery comes against a brutal backdrop as MSFT stock ... Microsoft Has Fallen 25% This Year: What Could Push MSFT Back to $500?
The Vanguard S&P 500 ETF (NYSEARCA:VOO) just became the first exchange-traded fund in history to cross one trillion dollars in assets, a milestone State Street had penciled in as one of its headline 2026 predictions. The interesting part is what investors think they own when they buy VOO versus what is actually sitting inside the ... VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech
Shares stumble Friday after gaining 22% on Micron earnings. Still, the stock could close lower on the week.
Investing.com -- A strong earnings showing for one memory stock was overshadowed by a rotation out of technology and into more defensive names, while Bitcoin's slide below $60,000 hit crypto-linked stocks over the past few days.
The market’s breadth—the number of advancing stocks versus declining ones—has still been positive, even on days when tech is a mess.
Sarah Kunst of Cleo Capital went on CNBC Friday morning and said what a lot of portfolio managers have been muttering to themselves all week. “People are wondering if putting all of their eggs into the AI, a sort of high growth hyperscaler basket, was maybe not the best idea over the past couple of ... A VC Says the ‘All Your Eggs in the AI Basket’ Trade Is Finally Cracking — Here’s Where the Money Goes Next
Amid a historic surge in chip stocks and a continued malaise for software, investors have all but forgotten about the once stalwart Mag Seven group of stocks.
GPIQ has paid a monthly distribution every month since late 2023, with the June 2026 check landing at $0.52 per share. That headline yield, sitting somewhere near 10%, is why the Goldman Sachs Nasdaq-100 Premium Income ETF (NASDAQ:GPIQ) pulled in $2.12 billion of new money in 2025 alone, ballooning to roughly $2.21 billion in assets ... What They Aren’t Telling You About GPIQ’s “Safe” Tech-Income Strategy
South Korea's benchmark Kospi tumbles as much as 8% Friday, before recovering slightly to end down 5.8%.
Marvell Technology’s newly appointed CFO, Dan Durn, makes his first open-market sale since joining the company in 2024.