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Billions of dollars are being poured into a new wave of AI technology. But will it pay off?
Record market-cap moves for the tech giants end in a 1% Nasdaq gain.
Two mega-cap tech giants split sharply in early Friday trading after Thursday night earnings, and traders are sorting the winners from the losers with conviction. Apple (NASDAQ:AAPL) stock is down 8% to $307.
Both tech companies beat Wall Street predictions on revenue in their second quarters
Slate Stone Wealth chief market strategist Kenny Polcari joins Ashley Webster to break down the latest tech giant earnings. Polcari analyzes Apple's stock decline after its pre-market outlook disappointed investors despite record quarterly revenue,
Amazon jumped almost 15% while Apple fell 9%. Here's what split the two tech giants and left the major indexes stuck in the middle.
19hon MSN
Apple Slump Drags on Tech
U.S. tech stocks are slipping along with Apple, with the iPhone maker selling off after its latest forecasts disappointed investors.
Major stock indexes ticked higher to end a volatile week of trading, led by Amazon shares. Meanwhile, 10-year Treasury yields hit their highest level since January 2025. The tech-focused Nasdaq Composite,