Invesco Dorsey Wright Technology Momentum ETF performance has been underwhelming on various time frames. Click here to read more about PTF...
Continue ReadingThe Invesco QQQ Trust ETF, which tracks the NASDAQ 100, has seen a 40% YTD gain in 2023. Check out the technical analysis of QQQ and why it is a Sell...
Continue ReadingTim Cook recently went to China, where some analysts have indicated sales of the newest iPhone models kicked off at a sluggish pace. He posted about the trip on social media...
Continue ReadingIn this note, we look at the Mag-7 group in more detail and preview growth expectations heading into the quarter...
Continue ReadingChatGPT, OpenAI's text-generating AI chatbot, has taken the world by storm. It's able to write essays, code and more given short text prompts, hyper-charging productivity. But it also has a more...nefarious side. In any case, AI tools are not going away -- and indeed has expanded dramatically since its launch just a few months ago. Major brands are experimenting with it, using the AI to generate ad and marketing copy, for example. And OpenAI is heavily investing in it. ChatGPT was recently super...
Continue ReadingAn unusual mix of market action unfolded on Tuesday, as the major indexes suffered drops while breadth was positive, and the Russell 2000 small-cap indexes outperformed significantly with a gain of over 1%. The lagging group was the Nasdaq 100 , with a loss of around 0.5% caused by drops in Nvidia , Apple and Moderna , and several other big-cap technology names...
Continue ReadingApple will bring USB-C to its soon-to-be-released new Apple Pencil option. It unveiled the new stylus, slated for an early November debut, and priced it at $79 on Tuesday...
Continue ReadingArtificial intelligence trends have helped boost Big Tech valuations by $2.4 trillion year-over-year, according to a report by Accel Analysis. Yahoo Finance Live anchors Rachelle Akuffo and Akiko Fujita examine what comes next for tech stocks after AI hype trends translate into mass adoption and revenue drivers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingApple's (AAPL) iPhone 15 sales are reportedly slumping among Chinese consumers, down 4.5% compared to the first few weeks of the iPhone 14's sales. Huawei's Mate 60 line of foldable phones has been making waves over its new hardware features, but is it enough to overturn Apple's dominance in the Chinese market? IDC Worldwide Tracker Team Research Director Nabila Popal comments on whether the domestic developer could truly capture Apple's market share if geopolitical tensions in the U.S.-China semiconductor race open up new opportunities for Huawei. "It will take a lot of time for Huawei to gain back that lost share, especially... if you zone in on just the premium segment within China, Huawei at its peak had about 58% share," Popal tells Yahoo Finance. Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here...
Continue ReadingApple's services segment strengthens revenues and margins, with rumors of a powerful AI chatbot potentially surpassing Open AIâs GPT 3.5 model. Click here to read...
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