Sandisk reported a stunning 252% year-over-year revenue increase to $5.95 billion in Q3, far exceeding estimates, and projects even higher Q4 revenue and earnings. Apple posted Q2 revenue of $111.18 billion and EPS of $2.01, both beating expectations, raised its dividend by 4%, and authorized a $100 billion stock buyback. Blue Owl sold half its SpaceX stake at a $1.25 trillion valuation, realizing a 10x return while retaining significant exposure. Meanwhile, Roblox shares dropped 23% premarket after missing Q1 revenue and bookings estimates despite strong growth. These results highlight strong tech sector momentum but mixed signals ahead.
Apple reported its best March quarter ever, driven by strong iPhone 17 sales and record Services revenue of $30.98 billion. Despite this, the stock has been volatile, trading near $291.13 with a 7.29% gain year-to-date but recent declines due to valu...
The dominance of mega-cap tech stocks in growth investing is changing as these companies no longer move in sync, increasing risks in passive index funds. Active management, such as the Capital Group Growth ETF (CGGR), can selectively invest in high-c...
President Trump warned France of a potential trade war, threatening 100% tariffs on French wines if France does not repeal its 3% digital tax on US tech giants like Google and Apple. This tax targets the revenue of American tech companies and has rai...
The Magnificent Seven—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—dominate major U.S. indexes like the S&P 500 and Nasdaq-100. Investors can now choose ETFs that either concentrate solely on these tech giants, like the Roundhill Magni...
The SPDR S&P 500 ETF (SPY) has returned about 314% over the past decade, outperforming quality-focused ETFs like Invesco S&P 500 Quality (SPHQ) and iShares MSCI USA Quality (QUAL), which returned slightly less. These quality ETFs screen for financial...
