Nvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players.
Asif Suria focuses on risk rather than reward with event-driven strategies. Interest in commodities, particularly copper, oil, and gold, which have been performing well.
Apple (AAPL) shares edged higher Tuesday as iPhone shipments in China reportedly surged 52% year-over-year in April following a flurry of discounts from retail partners.
Zacks.com users have recently been watching Apple (AAPL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Apple (AAPL) shares are rising in premarket trading as April iPhone shipments in China reportedly staged a rebound after a flurry of discounts; investors can look forward to shorter settlement periods as U.S. stock markets switch today to a T+1 settlement cycle from a T+2 cycle; GameStop (GME) shares are soaring after it said late Friday that it had raised more than $900 million in a stock sale; Hess (HES) shares are higher in premarket trading ahead of a vote today by the oil company's shareholders on whether to accept the $53 billion takeover from energy giant Chevron (CVX); and Scotiabank (BNS) shares are rising as its fiscal second-quarter earnings beat forecasts. U.S. stock futures are up ahead of a holiday-shortened week.
The sector's shares were looking set for a good start of the week.
Shipments of Apple's iPhone climbed 52% in China last month following a wave of sales and markdowns. That's according to a report Tuesday (May 28) by Bloomberg News, citing new figures from the China Academy of Information and Communications Technology.
Berkshire Hathaway is taking advantage of historically low tax rates. Apple is not excelling at growing its business right now.
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
Apple Inc.'s iPhone sales in China surged by 52% in April compared to the same period last year, according to data from the China Academy of Information and Communications Technology (CAICT) released on Tuesday. This significant increase highlights Apple's growing presence in the Chinese market.
Apple saw its iPhone sales jump 52% in April from a year earlier, Reuters calculations based on industry data showed on Tuesday.
Apple has remained relatively quiet about its ambitions in artificial intelligence. The tech titan has several advantages that could help it quickly catch up and lead the next phase of AI.