Tag: Apple stock market

Apple With No Artificial Intelligence Looks More Like Coca-Cola Than High-Growth Tech
17Mar By adminNo Comments
Technology

Apple With No Artificial Intelligence Looks More Like Coca-Cola Than High-Growth Tech

[ad_1] For two decades, no company better embodied the promise of the stock market than Apple Inc. Its transformation from niche computer maker to the most valuable corporation on the planet made its shares a cornerstone of investment portfolios worldwide.But in what seems like a blink of an eye, Apple's sheen is starting to fade. Artificial intelligence is the story in technology now, driving the growth that the company used to count on from selling its gadgets and services to eager consumers across the globe. This has Apple in a quandary. Its revenue expansion is stagnating, and the stock is underperforming the Nasdaq 100 by about 16 percentage points, the most to start a year since 2013. The company still generates massive revenues, but whether that can keep increasing at the pace in...
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Apple Is So Big, It’s Almost Eclipsing France’s Stock Market
15Dec By adminNo Comments
Technology

Apple Is So Big, It’s Almost Eclipsing France’s Stock Market

[ad_1] The rally in Apple Inc., the world's most valuable publicly traded company, is showing no signs of easing. After closing at a record high on Wednesday, the iPhone maker's market value is approaching that of Europe's largest stock market: France. The combined market value of companies listed in Paris was about $3.2 trillion as of Wednesday's close, versus the technology giant's $3.1 trillion, according to an index compiled by Bloomberg. Apple is bigger than all but the six largest stock markets in the world. It's not the first time the Cupertino, California-based company eclipsed Paris in value. The duo swapped positions a number of times during last year's second-half selloff as central banks raised interest rates to tackle inflation. The French stock market itself is at a record...
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Microsoft Eyes Apple’s Spot as World’s Largest Stock
20Sep By adminNo Comments
Technology

Microsoft Eyes Apple’s Spot as World’s Largest Stock

[ad_1] Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.The Redmond, Washington-based company's shares have outperformed the iPhone maker's this month, bringing its market value closer to Apple, which is at the center of a flareup in tensions with China. While hundreds of billions of dollars still separate the two companies, Microsoft's positions in markets including cloud computing and artificial intelligence make it more attractive to some investors. “Microsoft has more of what the market wants right now, and given where we stand on the pair's growth prospects, we wouldn't be surprised to see it overtake Apple,” said David Klink, senior equity analyst at Huntington Private Bank. “We ha...
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Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record
11Nov By adminNo Comments
Technology

Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record

[ad_1] Apple Inc.’s surge Thursday was one for the record books. Apple Inc.'s surge Thursday was one for the record books. The world's most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.'s $190.8 billion gain in February, according to data compiled by Bloomberg.Apple, which after Thursday's 8.8% jump has a market capitalization of $2.34 trillion, now accounts for four out of the top five biggest daily gains. The stock remains down 17% this year. [ad_2] Source link
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