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  • Look ahead for Thursday, September 21st

    Here's Myles Udland with a look ahead at what will be making headlines on Thursday.

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  • Apple Falls Below Key Level In Heavy Volume, But Is It A Sell Signal Or No?
    Business
    Investor's Business Daily10 hours ago

    Apple Falls Below Key Level In Heavy Volume, But Is It A Sell Signal Or No?

    Apple (AAPL) is falling nearly 2% in heavy volume, breaking below a significant technical level. With the breach of the 50-day line, that also puts Apple below a prior buy point at 156.75. But the key question here: Does Apple's action result in a sell signal? The short answer is that it depends on how the stock closes today, and whether you're a long-term or short-term shareholder. Apple was down 1.9% to 155.67 in afternoon trading in the stock market today, tumbling as low as 153.83 on Apple Watch connectivity concerns. Volume is more than double normal levels. If Apple closes below the 50-day, it could be seen as a sell signal for those that bought the stock at the 156.75 entry. But we need

  • Google to acquire HTC's Pixel smartphone division in $1.1 billion deal
    Tech
    Reuters2 hours ago

    Google to acquire HTC's Pixel smartphone division in $1.1 billion deal

    By Jess Macy Yu TAIPEI (Reuters) - Alphabet Inc's Google said it would pay $1.1 billion in cash to acquire the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones, its latest push into hardware manufacturing. Google has sought to beef up its hardware capability with deals and product launches, and last year hired Rick Osterloh, a former Motorola executive, to run its hardware division. "For Google, this agreement further reinforces its commitment to smartphones and overall investment in its emerging hardware business," the search giant said in a statement.

  • Stocks Follow Apple Post-Fed; Big-Dividend Tech In Buy Range?
    Business
    Investor's Business Daily11 hours ago

    Stocks Follow Apple Post-Fed; Big-Dividend Tech In Buy Range?

    Key U.S. index funds were lower Wednesday after the Fed held rates steady, as expected, and said it would start trimming its balance sheet by October. XAutoplay: On | OffPowerShares QQQ Trust (QQQ) sank 1%, SPDR S&P 500 (SPY) fell 0.4% and SPDR Dow Jones Industrial Average (DIA) gave up 0.2%. Apple (AAPL) weighed with a 2% drop, which put the iPhone maker back below a 156.75 buy point as it breached its 50-day moving average. Oil funds led the upside as West Texas intermediate crude prices surged 2% to $50.43 a barrel. SPDR S&P Oil & Gas Exploration & Production (XOP) rose 2% and VanEck Vectors Oil Services (OIH) added 1.4%. United States Oil (USO) and PowerShares DB Oil (DBO) rose nearly 1%