FAANG

President-elect Donald Trump‘s victory has fueled a rally in equities. This is likely to sustain as the administration plans on “tax cuts and deregulation will lead to higher corporate earnings,” said Yogesh Kansal, chief business officer at fintech company, Appreciate. He added...

In recent years, the stock market has witnessed the rise and fall of various tech giants, each dominating conversations and headlines. The focus initially revolved around FAANG – Facebook aka Meta Platforms Inc (NASDAQ:META), Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), Netflix Inc (...

Nvidia Corp.’s (NASDAQ:NVDA) AI-driven upswing hasn’t missed any Street watcher’s eye. The stock is up over 200% in the past year, 240%+ so far in 2023 and 65%+ over the past 6 months. The company now commands the fifth-largest market cap on the U.S. exchanges: Symbol Company...

The market has taken a beating over the past couple of weeks due to headwinds in the bond department and significant geopolitical events. Although the much anticipated Magnificent Seven (Apple Inc. (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT), Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corp. (...

U.S. stocks showcased a positive momentum on Tuesday. The Dow Jones index surged, marking an increase of over 200 points or 0.62% to 33,141.38. The NASDAQ and the S&P 500 indices also followed suit, with the former rising by 0.93% to 13,139.87 and the latter gaining 0.73% to settle at 4,247.68...

U.S. stocks ended in the red on Thursday, with earnings reports from major tech titans like Apple and Amazon on the investors’ radars. The Dow Jones Industrial Average dipped by 0.19% to 35,215.89, while the NASDAQ Composite Index declined 0.1% to 13,959.72. The S&P 500 Index also...

Ark Investment Management founder Cathie Wood in March discussed the merits of her portfolio of funds and their composition on a Twitter Spaces event. ETFs Better Any Day:  Wood said she saw the reluctance among pension funds to invest in ETFs changing slowly. It was Asian...

Five of the largest technology companies in the world by market capitalization will report quarterly earnings this week. Along with being technology companies and large cap companies, the five stocks also belong to an acronym coined by one of the most famous financial personalities. What Happened:...

Most big techs are now trading below their June lows, dragged by macro concerns, which have not spared the broader market either. Techs have led the market sell-off once again and this is evident from their relative underperformance versus the broader market. The Technology Select Sector SPDR Fund...

Benzinga’s Money Mitch had the opportunity to catch up with TD Ameritrade’s head trading strategist Shawn Cruz to discuss the big week ahead for investors in the markets. As investors assess whether the S&P 500 is playing out a technical dead cat bounce, or if the index has...

One of the major indices, the S&P 500, is down more than 2% for the week. Those losses are accompanied by two earnings reports from consumer behemoths, Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT), which showed higher fuel costs, higher wages and supply chain constraints...

The largest pension fund in the U.S. reduced its FAANG holdings in the first quarter amid the tech rout at the start of the year, the 13-F filed with the SEC late Wednesday revealed. FAANG Loses Favor: The California Public Employees' Retirement System, aka CalPERS, sold shares in all...

European Commissioner for Competition Margrethe Vestager on Thursday called for a global approach toward Big Tech companies to prevent them from taking advantage of enforcement gaps. The antitrust chief is known for her landmark rules to curb the power of U.S. tech giants like Alphabet...

Many of the mega-cap technology names have snapped back off the lows since entering correction territory. Jim Cramer on Thursday provided an interpretation of the recent strength in the tech-heavy Nasdaq. "I look at the Nasdaq and I think maybe the bear market is finished,"...

Despite ongoing concerns about COVID-19, inflation, supply chain disruptions and rising interest rates, the Nasdaq is still trading more than 110% above its March 2020 lows. Any tech investor during the past two years knows just how much of the recent growth in the tech sector is attributed to the...