The stock market is currently presenting a mixed picture. While tech giants like Apple, Microsoft, and Nvidia compete fiercely for the title of “most valuable company,” other sectors and indices are lagging. This article delves into the current market landscape and provides guidance for cautious investors. Tech Stocks Lead the Charge The Nasdaq surged last…
The S&P 500 and Nasdaq Composite closed at record highs on Tuesday, fueled by Apple’s jump to an all-time peak. The broader S&P 500 rose 0.27%, while the tech-heavy Nasdaq gained 0.88%. Both indexes even surpassed previous highs during trading. However, the Dow Jones took a different direction, dropping 0.31%. Analysts believe investors shifted their…
Apple (AAPL) stock surged 7% on Tuesday, closing at a record high for 2024. This surge came after a dip on Monday, the day of Apple’s WWDC conference. Investors reacted positively to the announcement of Apple Intelligence, the company’s new AI platform. Wall Street analysts were enthusiastic. D.A. Davidson analyst Gil Luria upgraded Apple’s stock…
Chipmaker Nvidia boasts a staggering 25-fold performance lead over Apple since the start of 2024. This comes as Nvidia prepares to execute a highly anticipated 10-to-1 stock split. Year-to-date (YTD), Nvidia stock skyrocketed over 150%, while Apple shares gained a modest 6%, according to Nasdaq data. Even in the short term, Nvidia outpaces Apple, with…