Many of the industry's companies have enjoyed solid recoveries as advances in sectors like artificial intelligence (AI) and virtual/augmented reality (VR/AR) have created bullish investors. As a result, companies pushing these markets forward, such as Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD), are increasingly attractive investments. Apple is a compelling buy with its dominance in consumer tech...
Continue ReadingStock futures nudge higher as Powell repeats hawkish rate view; JPMorgan, Morgan Stanley lead banks higher following stress test results; Micron shares leap after narrower Q3 loss, robust ai demand outlook; Nike Q4 earnings on deck with margins, consumer demand in focus and Apple on $3 trillion watch after record high close...
Continue ReadingPatience tends to be handsomely rewarded on Wall Street, as any long-term chart of the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) shows. In just a two-year stretch, the Dow Jones, S&P 500, and Nasdaq Composite have screamed to new highs, plunged into a bear market, and come roaring back -- at least for the S&P 500 and Nasdaq Composite. On a year-to-date basis, through June 26, 2023, the broad-based S&P 500 and growth-driven Nasdaq Composite were higher by 12.7% and 27.4%, respectively...
Continue ReadingThe Partners III Opportunity Fund's Institutional Class returned +3.06% in the first quarter of 2023 compared to +7.18% for the Russell 3000...
Continue ReadingEven with tech stocks rallying this year after a brutal 2022, internet and software companies are steering clear of the IPO market...
Continue ReadingInvesco QQQ Trust ETF (QQQ) has been on an incredible tear lately. Read more here...
Continue ReadingCameron Fen talks to James Foord about AI, large language models and commercial implications for big tech. Is Nvidia in a class of its own?...
Continue ReadingWhen tech giant Apple joined China's livestreaming frenzy, a major driving force of the e-commerce boom in the world's second biggest economy, it launched without deep discounts or a celebrity host to pull millions of viewers. Yet Apple's show, hosted by product experts offering tips on making movies with iPhones or using the Apple Watch as a workout aid, drew 300,000 likes and more than 1.3 million viewers within an hour in May. Apple's move illustrates how livestreaming is evolving in China from an initial model of massive sales via big discounts, as more big brands seek greater control of a process rendered costly by a fragmenting market and growing use of superhosts...
Continue ReadingWhen tech giant Apple joined China's livestreaming frenzy, a major driving force of the e-commerce boom in the world's second biggest economy, it launched without deep discounts or a celebrity host to pull millions of viewers. Yet Apple's show, hosted by product experts offering tips on making movies with iPhones or using the Apple Watch as a workout aid, drew 300,000 likes and more than 1.3 million viewers within an hour in May. Apple's move illustrates how livestreaming is evolving in China from an initial model of massive sales via big discounts, as more big brands seek greater control of a process rendered costly by a fragmenting market and growing use of superhosts...
Continue ReadingConcerns over trade restrictions with China and comments from Federal Reserve Chair Jerome Powell helped send the Dow Jones Industrial Average lower by 0.2%, or 64 points, Wednesday...
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