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Tag: Apple

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File photo

Wall Street extends rout, CrowdStrike slumps on global tech outage

Wall Street’s main indexes fell on Friday, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike’s shares to an over two-month low.

Read More Wall Street extends rout, CrowdStrike slumps on global tech outage
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, U.S., August 1, 2018. REUTERS/Lucas Jackson/File Photo

Apple at all-time high after Morgan Stanley calls stock ‘top pick’ for AI efforts

Apple’s shares rose 2.5% to a record high on Monday after Morgan Stanley cited the company’s AI efforts as a boost to device sales.

Read More Apple at all-time high after Morgan Stanley calls stock ‘top pick’ for AI efforts
NEW YORK, NEW YORK - APRIL 29: Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024 in New York City. Stocks opened high Monday morning amid a Federal Reserve rate decision and the monthly jobs report later this week. (Photo by Michael M. Santiago/Getty Images)

S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge

The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.

Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
An attendee films Samsung Electronics' new Galaxy Z Fold 6 during its unveiling ceremony in Seoul, South Korea, July 8, 2024. REUTERS/Kim Hong-Ji

Samsung bolsters AI in foldable phones, health monitoring in smartwatch, ring

Samsung unveiled its latest foldable smartphones, making its priciest flagship model lighter and slimmer and bolstering AI functions.

Read More Samsung bolsters AI in foldable phones, health monitoring in smartwatch, ring
Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Echoes of dotcom bubble haunt AI-driven US stock market

A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.

Read More Echoes of dotcom bubble haunt AI-driven US stock market
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Wall St mixed as tech stocks attempt recovery, financials drag

Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.

Read More Wall St mixed as tech stocks attempt recovery, financials drag

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