Tag: NASDAQ:AAPL
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Tuesday’s Wall Street Highlights: Airbus, Intel, Grab, Alibaba, FedEx and more
US Index Futures pull back on the return of yesterday’s US holiday. By 6:44 AM, Dow Jones futures (DOWI:DJI) was down 122 points, or 0.35%. S&P 500 futures were down 0.37%, while Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield was at 3.775%. On the international scene, China lowered its key interest rates to stimulate the economy. Producer…
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Apple remains the world’s most valuable brand, valued at $880.4 billion
The ranking of the most valuable brands in the world was updated and showed that Apple continues to lead the list, valued at US$ 880.4 billion. Just behind Steve Jobs’ brand are Google, valued at US$ 577.7 billion, and Microsoft, with US$ 501.8 billion, according to Kantar BrandZ and disclosed in recent days. However, despite…
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Wednesday’s Wall Street Highlights: AMD, Amazon, Alphabet, Shell, Vodafone and more
US Index Futures were mixed on Wednesday morning as investors awaited the Federal Open Market Committee (FOMC) meeting after the May Consumer Price Index (CPI), released yesterday, helped to consolidate the expectation of the first maintenance of the basic interest rate since March 2022 At around 7:04 AM, Dow Jones (DOWI:DJI) futures were down 36 points,…
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Crypto This Tuesday: BTC and ETH Dominate After Altcoin Aversion, Ripple Reveals SEC Documents, and More
Bitcoin, Ethereum lead cryptocurrency market as investors move away from Altcoins amid regulatory crackdown The dominance of Bitcoin (COIN:BTCUSD), Ethereum (COIN:ETHUSD) and stablecoins in the cryptocurrency market has reached its highest level since February 2021, as investors move away from smaller tokens due to regulatory crackdowns in the US. The combined market capitalization of these assets…
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Tuesday’s Wall Street Highlights: CPI, Manchester United, Oracle, Toyota, Apple and more
The inflation rate hit its lowest annual level in about two years in May, with the CPI rising just 0.1% for the month. However, excluding food and energy, core inflation rose 0.4% on the month and 5.3% year-on-year. These numbers are in line with consensus estimates. At around 8:32 AM, Dow Jones (DOWI:DJI) futures were up 23 points,…
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Wednesday’s Wall Street Highlights: Netflix, Diageo, Mondee Holdings, Yext and more
US Index Futures traded close to flat on Wednesday as investors digested weak China trade balance data. At around 7:25 AM, Dow Jones (DOWI:DJI) futures were down 20 points, or 0.06%. S&P 500 futures were up 0.03%, while Nasdaq-100 futures were flat. The 10-year Treasury yield was at 3.683%. West Texas Intermediate crude rose 1.03% to settle at $72.48…
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Wall Street assessment is that Apple Vision Pro is expensive, stock moves lower
Apple (NASDAQ:AAPL) unveiled its long-awaited mixed reality headset on Monday, capping more than seven years of development and ushering the company into a market that could one day transform computing — at least that’s what it hopes. The device, called the Apple Vision Pro, was unveiled at Apple’s Worldwide Developers Conference in Cupertino, Calif., ending…
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Tuesday’s Wall Street Highlights: Gitlab, Zura Bio, Thor Industries, Unity Software, and more
US Index Futures pull back as investors pick up on a raft of weak economic indicators in Europe. Ore extends gains, but oil is traded in decline, without extending the momentum seen after the commitment to cut supply by Saudi Arabia. The drop in oil prices has weighed on energy stocks and Apple is on track to…
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Monday’s Wall Street Highlights: UBS, Tesla, Palo Alto Networks, Novo Nordisk and more
US Index Futures open the week with no clear direction close to flat after a rally last week gave the S&P 500 its best weekly performance since March. At around 7:20 AM, Dow Jones (DOWI:DJI) futures were up 29 points, or 0.09%. S&P 500 futures were up 0.07%, while Nasdaq-100 futures were down 0.10%. The yield on the…
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Friday’s Wall Street Highlights: SoftBank, Boeing, Broadcom, MongoDB, Meta Platforms and more
US Index Futures rose in premarket trading on Friday after the US Senate passed a bill raising the debt ceiling, eliminating the risk of a debt default. The market is now shifting its focus to the Payroll report, which is important for calibrating expectations about the trajectory of US interest rates. By 6:55 AM, Dow Jones…