U.S. stock markets reached new all-time highs as Apple reported better-than-expected Q2 earnings with $111.2 billion revenue and strong EPS, driving a tech rally. The S&P 500 rose 0.7% and Nasdaq 100 gained 1.1%, led by Apple's 5.1% surge. Other tech giants like Microsoft, Amazon, and Tesla also advanced, while energy stocks fell due to a crude oil price drop. Software companies Atlassian, Twilio, and Reddit posted strong earnings, further supporting the market momentum.
In June 2026, the tech sector attracted over $13 billion in investor inflows even though it declined by 3.3% that month. This indicates strong investor confidence in the sector's long-term growth potential, driven by trends like AI development. The S...
Apple has resumed allowing users in India to pay for Apple Account subscriptions and App Store purchases using eligible Visa and Mastercard credit and debit cards, more than four years after suspending the option due to regulatory changes. This phase...
Broadcom has extended its chip supply agreement with Apple through 2031, continuing to develop custom ASIC chips for multiple generations of Apple products. This long-term partnership, which accounts for about 20% of Broadcom's revenue, includes conn...
The Vanguard S&P 500 Value ETF (VOOV) maintains a buy rating due to its attractive valuation and strong technical indicators. Trading just under 19 times earnings, it offers a 1.5-point price-to-earnings discount compared to the S&P 500, supported by...
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 drivi...
