|Bid||70.59 x 1000|
|Ask||70.81 x 1100|
|Day's Range||70.05 - 70.68|
|52 Week Range||57.57 - 76.27|
|PE Ratio (TTM)||23.66|
|Beta (3Y Monthly)||1.04|
|Expense Ratio (net)||0.13%|
After undergoing a baptism by fire in the waning months of 2018, the technology sector has lost some of its luster in 2019. Although the Technology Select Sector SPDR Fund (NYSE: XLK) is up 12 percent year-to-date (outperforming the S&P 500 by two percentage points), it’s no longer the leading sector, lagging behind the Industrial Select Sector SPDR Fund (NYSE: XLI) — up almost 17 percent YTD — and the Energy Select Sector SPDR (NYSE: XLE) — up over 20 percent in that span. Precipitous drops in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL), two of XLK’s top holdings, erased more than $1 trillion in collective market value last quarter.
Is Apple Fighting a Losing Battle in China?(Continued from Prior Part)Apple’s valuation Earlier in this series, we looked at analysts’ consensus ratings and target prices for Apple (AAPL). Most analysts still seem cautious about the company,
Is Apple Fighting a Losing Battle in China?(Continued from Prior Part)Ratings on Apple stock According to the data compiled by Reuters as of February 15, a slim majority of analysts (~50%) covering Apple (AAPL) have given its stock “hold”
Is Apple Fighting a Losing Battle in China?(Continued from Prior Part)Apple’s new serviceIn this series so far, we’ve discussed some of the factors that could be affecting Apple’s (AAPL) iPhone sales in emerging markets such as China. We’ve
Is Apple Fighting a Losing Battle in China?(Continued from Prior Part)Apple’s falling Chinese sales Media reports suggesting Apple’s (AAPL) sales troubles in China started taking a toll on its stock in the fourth quarter of 2018. These negative
TripAdvisor’s Q4 Earnings Missed the Estimates(Continued from Prior Part)Mixed performance TripAdvisor’s (TRIP) key metrics had a mixed performance in the fourth quarter. The company registered a YoY (year-over-year) improvement in its average
Dan Loeb's Third Point Had a Weak 2018: Will 2019 Be Any Better?(Continued from Prior Part)Third Point cuts tech exposure In its third-quarter letter to investors, Third Point said that it reduced its “tech exposure meaningfully.” It is probably
One of this year’s biggest themes in the communication services and technology sectors is the move to 5G telecommunications systems. Also known as fifth generation telecommunications technology, 5G is ...
After Facebook's stronger-than-expected Q4 earnings report, Wall Street analysts have chimed in with six key takeaways.
The S&P 500 and the Dow edged lower to kick off Thursday trade, as the busiest day of this earnings season got under way. Wall Street also was processing a stunning turnabout by the Federal Reserve, which on Wednesday said it was unlikely to raise rates for the foreseeable future, citing "cross currents" in global markets. The Dow Jones Industrial Average traded 106 points, or 0.4%, lower at 24,904, weighed by declines in shares of DowDuPont Inc. following its quarterly results, the S&P 500 index traded less than 0.1% lower at 2,680, dragged down by declines in technology and materials . However, the technology-laden Nasdaq Composite Index traded higher, bolstered by upbeat quarterly results late-Wednesday from Facebook Inc. . Thursday will see some three dozen S&P 500 components report results today, marking the most frenzied day of earnings releases this quarter. On Wednesday, the market reacted positively to the Fed's updated policy statement, which hint that future rate increases by monetary-policy makers may be on hold for now. In other corporate news, Intel Corp. named Robert Swan its new CEO, while Tesla Inc. on Wednesday announced the departure of its CFO during its quarterly performance update.
Facebook is back in the hot seat after reports surface that the company paid teens to collect data from their smartphones.
Apple quarterly result provided some relief to investors and swept away negative sentiments from the stock. As such, investors could consider the ETFs with the largest allocation to this tech titan.
Why Analysts Are Bullish on Microsoft ahead of Q2 Earnings(Continued from Prior Part)Analysts’ recommendationsMicrosoft (MSFT) stock is currently trading at ~$105 per share. Out of the 34 analysts covering Microsoft on January 28, 16 analysts have
How Comcast Continued Its Upward Growth Trajectory in 2018(Continued from Prior Part)Comcast’s NBCUniversal businessComcast’s (CMCSA) NBCUniversal business segment consists of filmed entertainment, theme parks, broadcast television, and cable
Apple bested analyst expectations in earnings and revenue for its fiscal first quarter, muting earlier warnings by CEO Tim Cook that results would disappoint due to lackluster iPhone sales. Shares of Apple ...
Apple is scheduled to report its fiscal first quarter earnings after the closing bell on Tuesday in what will be an important sign alluding to the health of not just the technology sector, but the overall capital markets given the size and reach of the iPhone maker. Last year, Apple joined Amazon as one of the companies to cross the $1 trillion mark during the extended bull run. Since then, a large dosage of volatility upended the markets to end 2018, including the tech sector and particularly Apple stock, which got its fair share of downgrades near year's end.
The Dow Jones Industrial Average moved slightly higher–over 100 points on Tuesday–as the markets brace themselves ahead of Apple reporting its fiscal first quarter results. Apple’s fiscal year starts in ...
IBM's Q4 Earnings: Key Takeaways for Investors(Continued from Prior Part)Hybrid cloud offerings IBM (IBM) stock got a boost from the better-than-expected guidance for fiscal 2019. Technology Services and Cloud Platforms is IBM’s largest operating
Companies are still seeing revenue growth despite slowing global growth. Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Roberts and Kate Wane, Edward Jones Investment Strategist discuss.