Right now looks like a great time to invest in growth stocks...
Continue ReadingIndia is considering import duty cuts on components key to producing high-end mobile phones, two government officials said, which would potentially be a boost for companies like Apple and the country's exports. Companies in the sector have been pushing for cuts on nearly a dozen components to reduce the cost of making smartphones in India and level up the playing field with regional competitors such as China and Vietnam. India's electronics and information technology ministry is firming up the proposal, including the size of the duty cuts, and hopes it can be included in the federal budget on Feb.1, one official said...
Continue ReadingDynasty Trust benefited from diverse individual stock positions during the quarter. Click here to read the full fund letter...
Continue ReadingARK Invest added chip giant Qualcomm to two of its ETFs this week. Read more to see my recommendation on QCOM stock...
Continue ReadingBig techs led the market Wednesday. Microsoft flashed a buy signal, nearing Apple's valuation. The SEC approved Bitcoin ETFs. The CPI inflation report is due...
Continue ReadingThe Dow Jones Industrial Average rose 0.5% and closed near the day's highs Wednesday. The S&P 500 rose 0.6% on the stock market today, while the Nasdaq added nearly 0.8%. Volume on the NYSE and on the Nasdaq was lower than on Tuesday, according to preliminary data...
Continue ReadingApple's Vision Pro headset is the company's biggest bet since it launched the Apple Watch in 2015. Can it find success in the AR/VR market?...
Continue ReadingApple's stock has been stung by three downgrades over the last two weeks, but the majority of Wall Street is still high on the company's outlook...
Continue ReadingApple valuation has peaked as competition remains a headwind, says Redburn Atlantic, which downgraded the stock on Wednesday. Analyst James Cordwell changed his call on the stock to Neutral from Buy but stuck with a target of $200 for the share price. Apple stock was down 0.4% to $184.49 in afternoon trading, bringing its loss so far this year to 4.3%...
Continue ReadingChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. And that growth has propelled OpenAI itself into becoming one of the most-hyped companies in recent memory, even if CEO and co-founder Sam Altman's firing and swift return raised concerns about its direction and...
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