Tag Archives: Latest

Apple earnings will be the latest sign the tech industry is coming back to earth

Apple earnings will be the latest sign the tech industry is coming back to earth

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Feb. 1, 2023 Apple’s upcoming earnings could be a bellwether for the rest of the industry Apple (AAPL) will report its first quarter earnings after the bell on Thursday. The announcement follows a string of stinging reports from tech companies including Intel (INTC), Snap (SNAP), and… Source link

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Stocks mixed following latest Fed rate hike

Stocks mixed following latest Fed rate hike

U.S. stocks were higher Wednesday afternoon after Fed Chair Jerome Powell said in a press conference on Wednesday signs of disinflation are building in the economy, which investors took as a sign the central bank could be close to ending its rate-hiking campaign. Tech stocks were leading the charge higher on Wednesday following Powell’s comments, with the technology-heavy Nasdaq Composite (^IXIC) rising as much as 2%. Meanwhile, the S&P 500 (^GSPC) was higher by 1.2% while the Dow Jones… Source link

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