Traders work on the floor of the New York Stock Exchange. NYSE The Nasdaq Composite closed lower on Thursday for a fifth consecutive session — its longest losing streak since October 2022. The tech-heavy Nasdaq Composite dipped 0.56% to end at 14,510.30. Since the Dec. 27 close, the index has lost nearly 4%. The S&P … Read more
The new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images Qualcomm on Thursday announced a new chip that will be used by Samsung and Google for mixed reality devices that are likely to compete with Apple’s Vision Pro headset. … Read more
A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung recently announced it will host a news conference in San Jose, California, on Jan. 17 where it will unveil its newest Galaxy phones. Samsung … Read more
CNBC’s Jim Cramer on Wednesday said that as Wall Street’s desire to buy the “Magnificent Seven” tech stocks has waned, dividend-paying stocks are grabbing more attention. “The market has, momentarily, fallen out of love with the Mag Seven,” Cramer said. “This is a new market — that’s right — where the mega cap techs are … Read more
CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Shares of Apple suppliers fell in Asia on Wednesday after Barclays downgraded the iPhone maker … Read more
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed in overnight trading after the Nasdaq Composite registered its worst session since October. Futures tied to the Dow Jones Industrial Average slipped 2 points, while S&P 500 futures and Nasdaq-100 futures hovered near the flatline. In after-hours trading, … Read more
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Apple shares slipped more than 3% in Tuesday morning trading, after Barclays downgraded the stock to underweight and slightly trimmed its price target from $161 to … Read more
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, which makes machines that are critical to … Read more
NEW YORK, NEW YORK – DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. The Dow was up slightly in morning trading in what has been a strong year for the stock market … Read more
NEW YORK, NEW YORK – DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. The Dow was up slightly in morning trading in what has been a strong year for the stock market … Read more
