The Dow Jones Industrial Average closed at a record 52,900.07 after June payrolls missed expectations, signaling a cooling labor market. This weaker jobs report eased fears of further Federal Reserve rate hikes, boosting investor confidence and driving a rotation into reliable blue-chip stocks like Apple, McDonald's, and Walmart. The market now awaits second-quarter earnings reports to determine if the rally can continue or if the record high will act as resistance. Economic data and Fed commentary next week will also influence the market's direction.
Apple's Services revenue saw its first sequential decline since 2022, with the slowest third-quarter growth rate since 2023, due to new regulatory changes in Japan, Brazil, the EU, and the US. These changes forced Apple to alter its App Store busines...
Apple's shares fell almost 10% after its latest earnings report revealed supply constraints, rising memory costs, and a challenging margin outlook for fiscal 2027. While iPhone revenue grew 22% year-over-year, driven by strong demand for the iPhone 1...
The Direxion Daily AAPL Bull 2X ETF (AAPU) provides twice the daily performance of Apple stock, aiming for amplified gains. However, Apple’s historically low volatility means the ETF’s daily leverage reset can cause returns to diverge from simply dou...
Samsung warns that the global shortage of RAM chips will continue into 2027 and may worsen, with tight supply expected until at least 2028. The surge in demand, driven by AI labs securing long-term contracts, is causing chip prices to rise, impacting...
Apple Inc. reported its strongest third-quarter earnings ever, driven by robust iPhone sales growing 25% annually, especially in Greater China and India. Despite this, shares fell 6% after earnings due to concerns over supply constraints and margin p...
