|Bid||255.52 x 1100|
|Ask||255.68 x 800|
|Day's Range||254.58 - 257.73|
|52 Week Range||175.25 - 261.25|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||10.78%|
|Beta (5Y Monthly)||1.06|
|Expense Ratio (net)||0.42%|
The effects of the coronavirus are already manifesting themselves in one of the global tech giants, which puts certain ETFs on watch. Lower iPhone supply globally and weakened China demand will hurt Apple's revenue projections for the fiscal second quarter. Apple did not provide a new forecast for its fiscal second-quarter revenue on Monday.
Monday also saw the Dow Jones Industrial Average and S&P 500 trade higher after the major indexes suffered their first loss in five sessions—a byproduct of coronavirus concerns. “Stock market investors are torn between fear that the coronavirus might continue to spread, weighing on global economic growth, and optimism given that the latest batch of global economic indicators is showing rebounding global growth,” said Ed Yardeni, president and chief investment strategist at Yardeni Research, in a note. “The duration of this virus will determine how long businesses will be sidelined and what the effect will be on China and the global economy” said Bruce Bittles, chief investment strategist at Baird.
Microsoft delighted investors with blow-out fiscal second-quarter 2020 results. It topped both revenue and earnings estimates, and witnessed a rebound in Azure sales growth.
Apple encouraged investors with blockbuster first-quarter fiscal 2020 results, wherein it topped both earnings and revenue estimates and offered an upbeat outlook for the ongoing quarter.
Analysts raising estimates right before earnings - with the most up-to-date information possible - is a pretty good indicator for the stock.
Income-minded investors who are looking for better dividend growth opportunities can consider targeted exchange traded fund plays to hone in on potentially worthwhile areas, notably those in the healthcare ...
As investors welcome the new year, one of the key trends to watch will be the rollout of 5G technology, which will put ETFs like the Defiance 5G Next Gen Connectivity ETF (FIVG) from Defiance ETFs in perspective. As the world awaits the 5G rollout, manufacturers are already gearing up for its anticipated arrival. For example, Apple is already developing iPhones that will support 5G technology.
Gamers, particularly fans of Microsoft’s gaming console Xbox, may want to keep an eye out for the latest versions in 2020. “Microsoft is essentially launching two next-gen consoles that will serve as successors to the Xbox One S and Xbox One X,” the report added.
Apple is looking to cut the cords with its charging mechanism, the Lightning connector, as reports indicate that the iPhone maker plans to implement wireless charging on its smartphones. This could keep ...
Pair the most popular smartphone with the upcoming 5G wireless technology and it could produce combustible gains for exchange-traded funds (ETFs) with heavy weightings of Apple stock. “Apple is expected to release four 5G-capable iPhones in 2020, according to a forecast report from JPMorgan released Monday,” a CNN Business report noted. The report noted the largest iPhone will likely have sensor shift technology, allowing for better quality videos and photos when capturing motion.
One of the biggest drivers of the move today however, is Apple, which is up almost 1%, after receiving an injection from Qualcomm, who cited strong quarterly results after a deal with Apple. While Apple has had quite a run this year, some analysts are still optimistic that the tech giant could have more in the tank. “I think the interesting thing is that most people look at Apple’s performance year to date and say, oh my God the stock’s run so much, it’s up 60% year to date, there’s material out performance behind us, so there’s really not much room to run,” said Wamsi Mohan, senior equity analyst at Bank of America Merrill Lynch on CNBC.
November has been among the best months for markets over the past decade. All the three major indices have traded positively 80% of the time in November since 2009.
With a tailwind of better-than-expected third-quarter earnings and optimism in a U.S.-China trade deal, the Dow Jones Industrial Average was able to attain a new high in Monday’s trading session. Due to the Dow Jones’ classification of information tech names, healthcare technology stocks may be included while payment technology stocks are excluded.
Apple (APPL) reported fourth-quarter earnings that bested analyst expectations on Wednesday, as a result of strong performance in services and its fast-growing wearables business. Although Apple’s iPhone business was down 9% year-over-year, the company signaled that it expected a substantial holiday quarter, and Apple stock climbed more than 1% in after-hours trading.
Apple (AAPL) reported fourth-quarter earnings that bested analyst expectations on Wednesday, as a result of strong performance in services and its fast-growing wearables business. Although Apple’s iPhone ...
Apple encouraged investors with robust fourth-quarter fiscal 2019 results, wherein it topped both earnings and revenue estimates and offered an upbeat holiday quarter outlook.
When momentum picks up in the markets, it can be difficult to stop and for investors who are keen on the idea that the momentum can continue through the rest of 2019 can look to momentum-focused ETFs. Technology has been a prime playground for investors looking to add growth and momentum factors to their portfolios.