US stock indices Nasdaq 100, Dow Jones 30, and S&P 500 are attempting to break higher but face resistance near key technical levels. The Nasdaq 100 is testing the 28,500 mark with resistance at its 50-day EMA, while the Dow Jones is challenging 52,500, supported by its 50-day EMA trend line. The S&P 500 touched 7,500 but pulled back slightly, with its 50-day EMA providing support. Market volatility is driven by ongoing earnings reports and geopolitical concerns in the Middle East, causing traders to be cautious as the weekend approaches.
Apple has agreed to employ key team members from personalized audio startup Huxe and license its technology in a reverse acqui-hire deal. Huxe recently shut down, and Apple disclosed the agreement to the European Commission, signaling a move to enhan...
A $10,000 investment in the Vanguard Information Technology ETF (VGT) on the day ChatGPT launched in November 2022 has grown to $30,482 with dividends reinvested, outperforming the Invesco QQQ Trust (QQQ), which grew to $26,095 over 3.85 years. The k...
Apple's stock dropped 3% following reports that it reduced component orders for the iPhone 18 Pro by 15-20% for October due to weaker-than-expected demand and higher memory chip prices. This move impacts Apple and its suppliers like Skyworks, which a...
SpaceX is acquiring Grain Management's nationwide 800 MHz spectrum portfolio for $8 billion, pressuring major telecom stocks like Verizon, T-Mobile, and AT&T, which dropped about 6% as Starlink Mobile aims to challenge traditional carriers. Meta has ...
Apple has reportedly reduced its component orders for the new iPhone 18 models by at least 15% due to rising memory chip costs and weaker consumer demand. The company faces higher production costs driven by competition for advanced chips used in AI f...
