In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple ( AAPL -0.39%), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
Netflix, Inc. (NFLX) kicked off tech earnings with a stellar report and the S&P 500 closed at a fresh closing high on Thursday, driven by expectations of a strong reporting season. Five of the Magnificient seven stocks are scheduled to disclose their quarterly scorecards in the upcoming week,
Alphabet shares closed above $200 value for the first time on Friday. While the Google parent faces regulatory hurdles and increased competition, analysts are generally optimistic about the company's opportunities in artificial intelligence.
Calif., disclosed several new stock trades involving Big Tech names like Nvidia, Apple, Alphabet and Amazon that occurred in the last month.
Apple could benefit from China's DeepSeek, which appears to deliver cheaper AI models. Its competitors have already spent big on their own efforts.
Shares of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), known for its Google subsidiary, are up an impressive 34% in the past year and currently trading just a few points from their all-time high. Despite facing heightened regulatory scrutiny and questions about whether its core search business is losing its relevancy in the age of artificial intelligence (AI),
Apple currently receives in excess to $20 billion annually from Alphabet in a deal that makes Google the default search engine on the Safari web browser. These payments show up in Apple's services segment, and they're essentially pure profit.
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump's pledge that the US government won't enforce a national security law that raised potential penalties for US partners of the popular video app TikTok.
Former House Speaker Nancy Pelosi has executed a series of significant technology stock trades valued at over $30 million, according to recent congressional disclosure reports, while recovering from a hip injury sustained during an official trip to
The country’s Competition and Markets Authority is investigating mobile ecosystems controlled by Apple and Alphabet’s Google to work out if they need to obey a strict new law governing digital competition.
Probes against companies for breaching the EU’s Digital Markets Act (DMA) should be wrapped up soon to stop ongoing breaches of the competition rules, a group of different associations and businesses urged Teresa Ribera, European Commissioner for Competitiveness, in a letter sent on Tuesday.
The Roundhill Magnificent Seven ETF MAGS was the first ETF offering equal-weight exposure to these seven stocks. It has an expense ratio of 0.29% and an AUM of $639.75 million. The ETF has grown 61% in the last year.