Apple AAPL stock opened 0.45% lower on Friday. However, analysts remain constructive on the stock, pointing to potential strength in demand for the iPhone 18 Pro models and higher pricing. Apple began selling the iPhone 18 Pro and Pro Max on September 18. The latest models are priced $100 higher than their previous-generation counterparts, adding
US stocks opened higher on Thursday as Wall Street shook off Wednesday’s selloff, with the Federal Reserve’s first interest rate hike since 2023 now behind investors. The Dow Jones Industrial Average rose 311 points, the S&P 500 gained 1.2%, and the Nasdaq Composite climbed 1.59%. Wednesday’s hike, and the market’s first reaction The Fed raised
A hawkish Federal Reserve rate increase typically rattles financial markets, yet Wall Street greeted the central bank’s policy pivot without much drama. On Sept. 16, the Federal Open Market Committee voted 12-0 to lift the benchmark federal funds rate by 25 basis points to a target range of 3.75% to 4.00%. The unanimous decision marked
Medical Properties Trust stock continued its strong downward this week, reaching its lowest level since January 13 last year. MPT dropped to $3.40, down by over 32% this year and by 83% in the last five years. So, do that 10% yield and the cheap valuation make it a good investment? Medical Properties Trust stock
SpaceX stock is falling this week as jitters about the artificial intelligence safety continues. SPCX dropped to $143.50 on Tuesday, a few points below this month’s high of $154. This article explains some of the top reasons why the stock has more room for growth in the next five years. SpaceX stock to benefit from
SK Hynix said Wednesday that no plans have been confirmed for a potential US memory chip deal with Intel. The denial came after Reuters reported the two companies were in talks. “No decisions have been made regarding the two scenarios mentioned in the article,” SK Hynix said. The deal under discussion Reuters, citing three people
US stocks opened higher on Wednesday as investors awaited a Federal Reserve interest-rate decision that could shape expectations for monetary policy in the coming months. The Nasdaq Composite advanced 0.46%, and the S&P 500 gained 0.24%. The Dow Jones Industrial Average on the other hand, fell 34 points. The move followed a two-day decline for
Joby Aviation stock remains in a freefall this week and is hovering at its lowest level since May 2025. It slipped to $6.30, down more than 70% from its high last year, with its valuation falling from over $17.4 billion to $6.2 billion today. This retreat may continue, even as the company’s commercialization nears. Joby
Bank of America (BAC) shares were in focus on Tuesday after the financial services firm issued disappointing guidance for its fiscal Q3. Speaking at the Barclays Global Financial Services Conference, CEO Brian Moynihan said BAC’s investment banking fees and trading revenue will fall notably short of the solid growth seen earlier this year. Bank of
Meta Platforms’ stock META has been caught between enthusiasm over its artificial intelligence ambitions and concerns about the enormous cost of funding those efforts. The latest rebound is giving bulls fresh reason to believe the company could finally be approaching a sustained breakout, Bloomberg reported, although analysts remain divided over whether the rally can last.