|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||186.50 - 188.62|
|52 Week Range||143.42 - 191.62|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.43%|
Apple's post-earnings gap up early Wednesday boosted shares of exchange traded funds with a sizable position in the iPhone maker.
Apple (NASDAQ:AAPL) once again cheered investors with robust third-quarter fiscal 2018 results, after the closing bell yesterday. The technology giant topped the earnings and revenue estimates and projected upbeat revenue outlook.Source: iphonedigital via FlickrApple Q3 Results in Focus
It's difficult for investors to pick one technology to target long-term, according to "Shark Tank" judge and O'Shares ETFs Founder Kevin O'Leary. Investors looking for exposure to the broader technology index are often faced with an unfavorable situation in which an ETF holds lesser-valued hardware names and overall slower growth companies, O'Leary said during a guest spot on CNBC's "Fast Money" Tuesday.
The Nasdaq Composite opened higher in Wednesday's trading session, boosted by Apple's earnings announcement on Tuesday as the tech giant announced revenue generation of $53.3 billion and an EPS of $2.34--both results beating analyst estimates of $52.3 billion and $2.18 per share. Apple shares were up over 4 percent to $197.95 in after-hours trading and are currently up 5.34% as of 10:45 a.m. ET. The Nasdaq Composite was up over 50 points, the S&P 500 gained 10 points and the Dow Jones Industrial Average was over 70 points in the green.
Apple will announce its fiscal third-quarter earnings results later today, which could give technology stocks and tech-focused ETFs a much-needed shot in the arm after companies like Facebook, Twitter ...
Technology giant Apple (NASDAQ:AAPL) is set to release third-quarter fiscal 2018 results on Jul 31 after market close. Since Apple accounts for over 19% of the total market capitalization of the entire technology sector in the S&P 500 index and is heading toward becoming the first trillion dollar company, it is worth taking a look at its fundamentals ahead of results.
Last Friday, the Nasdaq Composite shed 1.46% and continued its slide on Monday morning with the index down over 80 points as of 11:10 a.m. ET. Likewise, technology ETFs responded to the index–Invesco QQQ ...
The Nasdaq Composite shed 1.46% by the end of Friday's trading session with stocks like Intel Corp, Western Digital Corp and Electronic Arts helping to drag the index down collectively. The losses took a toll on technology ETFs like Invesco QQQ Trust (QQQ) --down 1.35%, Technology Select Sector SPDR ETF (XLK) --down 1.71%, Vanguard Information Technology ETF (VGT) --down 1.95%, First Trust Dow Jones Internet ETF (FDN) --down 3.06%, and iShares US Technology ETF (IYW) --down 2.02%.
Technology ETFs have been the beneficiaries of a NASDAQ that has been on an upswing in 2018, but today, the party came to a temporary halt today for those holding Facebook as the social media company disappointed ...
AT&T Inc. (NYSE: T) is down over 1% in pre-market trading following the release of its second-quarter earnings results after the market closed yesterday. AT&T’s results surpassed analysts’ expectations of $38.6 billion in revenue and $0.87 in EPS, and the company noted that its performance could be attributed to many factors, including 3.8 million total net wireless adds and 219,000 total video net adds. Following its strong performance first half of 2018, AT&T raised its full-year outlook, calling for adjusted EPS at the high-end of its $3.50 range and free cash flow at the high-end of its $21 billion range.
After the closing bell on Monday, Google parent Alphabet (NASDAQ:GOOGL) delighted investors with blockbuster second-quarter 2018 results, topping both revenue and earnings estimates.Source: Shutterstock
Portfolio and risk management is undergoing a revolution. The technology landscape is changing and the analytics arms race is heating up, but what trends are worth paying attention to? Axioma recently co-hosted a webinar with Aite Group, where Fabien ...
A record number of fund managers in the BAML (Bank of America Merrill Lynch) July survey believe that gold (GLD) (IAU) is undervalued. About 17% of them said gold was trading below its actual market worth, and 25% said oil (USO) is overvalued.
The shining outlook for the best performing sector of 2018 — technology — is seeing no signs of dimming. Buoyed by encouraging industry fundamentals, including a rising interest rate scenario and solid demand for cutting-edge technology as well as surging FANG stocks, the sector continues to retain its top spot.Source: Investment Zen via Flickr (Modified)
The upbeat data on personal computer shipments, which have been feeble over the past several years, have bolstered investors' confidence in the sector.
If not those two specific stocks, a sector-based ETF like the iShares Dow Jones US Technology ETF (NYSEARCA:IYW) could be similarly savvy, risk-adjusted pick. It’s up 14%, as technology stocks have led the way this year in terms of sector-based performance. With that being the case, we’d all be wise to make a point of scooping up stocks from the financial sector.
As investors move toward the late innings of the economic cycle, it’s worth considering a handful of sector ETFs. Money managers are increasingly growing nervous over an upcoming recession amid higher ...
The Dow Jones Industrial Average got a boost in the second half of Tuesday’s trading session, jumping by over 100 points with Apple stock (NASDAQ: AAPL) leading the way, which climbed over 2 percent. Three ...
A push for advancement in artificial intelligence continues as Microsoft announced today that it would acquire startup company Bonsai, which creates software focused on reinforcement learning–a trial and ...
Some market observers believe the technology sector is not as richly valued as previously thought and that the soaring sector may actually be offering some reasonable valuations. Importantly, the growth factor has been trouncing its value counterpart for a while now, indicating investors are being rewarded for taking on supposedly higher valuations, but tech may not be all that expensive. “While technology stocks are having another stellar year in an otherwise languid market, their outperformance has been driven primarily through stellar earnings, not obscene multiple expansion,” said BlackRock in a recent note.
After stumbling earlier this year, the S&P 500 is back on track towards its record highs, with technology stocks and tech ETFs leading the charge. The technology sector is this year’s best performer of ...
With the official start of summer still two weeks away, technology ETFs are already facing the heat and bugs—in particular, a Facebook bug that inadvertently made private posts public, affecting about ...
U.S. President Donald Trump managed to deal another blow to the markets by deciding to withdraw from the Joint Comprehensive Plan of Action, best known as the “Iran deal”, causing oil to spike to levels not seen in more than three years.