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15200.0	2023-06-26 00:00:00 UTC	Is iShares Paris-Aligned Climate MSCI USA ETF (PABU) a Strong ETF Right Now?	AAPL	https://www.nasdaq.com/articles/is-ishares-paris-aligned-climate-msci-usa-etf-pabu-a-strong-etf-right-now-1	nan	nan	Making its debut on 04/08/2022, smart beta exchange traded fund iShares Paris-Aligned Climate MSCI USA ETF (PABU) provides investors broad exposure to the Style Box - All Cap Blend category of the market. What Are Smart Beta ETFs? Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. Fund Sponsor & Index Managed by Blackrock, PABU has amassed assets over $1.50 billion, making it one of the larger ETFs in the Style Box - All Cap Blend. PABU, before fees and expenses, seeks to match the performance of the MSCI USA CLMT PARIS ALGN BNC EXT SLCT ID. The MSCI USA Climate Paris Aligned Benchmark Extended Select Index composed of U.S. large & mid-capitalization stocks designed to be compatible with the objectives of the Paris Agreement by following a decarbonization trajectory, reducing exposure to climate-related transition & physical risks & increasing exposure to companies favourably positioned for the transition to a low-carbon economy. Cost & Other Expenses For ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same. With one of the least expensive products in the space, this ETF has annual operating expenses of 0.10%. It has a 12-month trailing dividend yield of 1.09%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. Representing 32.70% of the portfolio, the fund has heaviest allocation to the Information Technology sector; Healthcare and Financials round out the top three. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 8.64% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). PABU's top 10 holdings account for about 30.65% of its total assets under management. Performance and Risk The ETF has gained about 17.01% so far this year and is up roughly 15.94% in the last one year (as of 06/26/2023). In the past 52-week period, it has traded between $38.63 and $48.76. The fund has a beta of 1.01 and standard deviation of 23.37% for the trailing three-year period. With about 309 holdings, it effectively diversifies company-specific risk. Alternatives IShares Paris-Aligned Climate MSCI USA ETF is an excellent option for investors seeking to outperform the Style Box - All Cap Blend segment of the market. There are other ETFs in the space which investors could consider as well. IShares ESG Aware MSCI EAFE ETF (ESGD) tracks MSCI EAFE ESG Focus Index and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index. IShares ESG Aware MSCI EAFE ETF has $7.25 billion in assets, iShares ESG Aware MSCI USA ETF has $14.09 billion. ESGD has an expense ratio of 0.20% and ESGU charges 0.15%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - All Cap Blend. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Paris-Aligned Climate MSCI USA ETF (PABU): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Taking into account individual holdings, Apple Inc (AAPL) accounts for about 8.64% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Click to get this free report iShares Paris-Aligned Climate MSCI USA ETF (PABU): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. Making its debut on 04/08/2022, smart beta exchange traded fund iShares Paris-Aligned Climate MSCI USA ETF (PABU) provides investors broad exposure to the Style Box - All Cap Blend category of the market.	Click to get this free report iShares Paris-Aligned Climate MSCI USA ETF (PABU): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 8.64% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). IShares ESG Aware MSCI EAFE ETF (ESGD) tracks MSCI EAFE ESG Focus Index and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index.	Click to get this free report iShares Paris-Aligned Climate MSCI USA ETF (PABU): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 8.64% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). IShares ESG Aware MSCI EAFE ETF (ESGD) tracks MSCI EAFE ESG Focus Index and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index.	Taking into account individual holdings, Apple Inc (AAPL) accounts for about 8.64% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Click to get this free report iShares Paris-Aligned Climate MSCI USA ETF (PABU): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. Making its debut on 04/08/2022, smart beta exchange traded fund iShares Paris-Aligned Climate MSCI USA ETF (PABU) provides investors broad exposure to the Style Box - All Cap Blend category of the market.
15201.0	2023-06-26 00:00:00 UTC	Is Invesco Dynamic Large Cap Growth ETF (PWB) a Strong ETF Right Now?	AAPL	https://www.nasdaq.com/articles/is-invesco-dynamic-large-cap-growth-etf-pwb-a-strong-etf-right-now-7	nan	nan	The Invesco Dynamic Large Cap Growth ETF (PWB) was launched on 03/03/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market. What Are Smart Beta ETFs? The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. Fund Sponsor & Index PWB is managed by Invesco, and this fund has amassed over $628.94 million, which makes it one of the average sized ETFs in the Style Box - Large Cap Growth. Before fees and expenses, PWB seeks to match the performance of the Dynamic Large Cap Growth Intellidex Index. The Dynamic Large Cap Growth Intellidex Index is designed to provide capital appreciation while maintaining consistent stylistically accurate exposure. Cost & Other Expenses Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. Annual operating expenses for this ETF are 0.55%, making it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.46%. Sector Exposure and Top Holdings ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. Representing 36.90% of the portfolio, the fund has heaviest allocation to the Information Technology sector; Financials and Industrials round out the top three. When you look at individual holdings, Salesforce Inc (CRM) accounts for about 3.87% of the fund's total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL). PWB's top 10 holdings account for about 34.92% of its total assets under management. Performance and Risk The ETF has gained about 15.44% so far this year and is up about 17.19% in the last one year (as of 06/26/2023). In the past 52-week period, it has traded between $56.26 and $69.91. The fund has a beta of 1.01 and standard deviation of 22.76% for the trailing three-year period, which makes PWB a medium risk choice in this particular space. With about 52 holdings, it effectively diversifies company-specific risk. Alternatives Invesco Dynamic Large Cap Growth ETF is an excellent option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. There are other ETFs in the space which investors could consider as well. Vanguard Growth ETF (VUG) tracks CRSP U.S. Large Cap Growth Index and the Invesco QQQ (QQQ) tracks NASDAQ-100 Index. Vanguard Growth ETF has $90.47 billion in assets, Invesco QQQ has $195.49 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Growth. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco Dynamic Large Cap Growth ETF (PWB): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	When you look at individual holdings, Salesforce Inc (CRM) accounts for about 3.87% of the fund's total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL). Click to get this free report Invesco Dynamic Large Cap Growth ETF (PWB): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.	Click to get this free report Invesco Dynamic Large Cap Growth ETF (PWB): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. When you look at individual holdings, Salesforce Inc (CRM) accounts for about 3.87% of the fund's total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL). Alternatives Invesco Dynamic Large Cap Growth ETF is an excellent option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market.	Click to get this free report Invesco Dynamic Large Cap Growth ETF (PWB): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. When you look at individual holdings, Salesforce Inc (CRM) accounts for about 3.87% of the fund's total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL). The Invesco Dynamic Large Cap Growth ETF (PWB) was launched on 03/03/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market.	When you look at individual holdings, Salesforce Inc (CRM) accounts for about 3.87% of the fund's total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL). Click to get this free report Invesco Dynamic Large Cap Growth ETF (PWB): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. The Invesco Dynamic Large Cap Growth ETF (PWB) was launched on 03/03/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market.
15202.0	2023-06-26 00:00:00 UTC	Affordable Blue-Chips: 3 High-Potential Stocks With Low P/E Ratios	AAPL	https://www.nasdaq.com/articles/affordable-blue-chips%3A-3-high-potential-stocks-with-low-p-e-ratios	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s not easy to find affordable blue-chip stocks from a valuation perspective. Since these stocks represent fundamentally strong business stories, there is a valuation premium attached. A good example of my point is Costco Wholesale (NASDAQ:COST). On a sustained basis, the stock trades above a forward price-earnings ratio of 30. Aggressive buying is seen on small corrections. Having said that, the markets provide opportunities to accumulate blue-chip stocks at a throwaway valuation. There could be near term business factors that depress the valuation. However, with overall fundamentals being strong, these undervalued blue-chip stocks are worth buying. This column discusses three affordable blue-chip stocks that have an attractive dividend yield. Considering the forward P/E valuation, I believe that total returns in these stocks can be 100% in the next 24 months. Once temporary headwinds wane, it would not take long for the valuation gap to close. Apple (NASDAQ:AAPL) stock traded sideways for an extended period before surging by almost 50% for the year. The point I want to make is that even blue-chip stocks can have a ferocious rally. Let’s discuss the reasons to be positive on these affordable blue-chip stocks. Pfizer (PFE) Source: Manuel Esteban / Shutterstock.com Pfizer (NYSE:PFE) stock is among the top affordable blue-chip stocks to buy. At a forward price-earnings ratio of 11.6, PFE stock looks attractive. Additionally, a dividend yield of 4.22% is enticing with dividends likely to sustain. Pfizer has ambitious growth plans through the organic and acquisition driven strategy. From an organic growth perspective, a strong product pipeline of 101 potential drug candidates is a positive. With 23 drugs in phase three and another 12 in the registration phase, the outlook for growth is robust. Overall, Pfizer is targeting $20 billion in incremental revenue from new molecular entities by 2030. Further, the bio-pharmaceutical company has also been pursuing aggressive acquisitions in the last one year. The target is to achieve $25 billion in incremental revenue from new business deals by 2030. With robust free cash flows, diversification through acquisitions is likely to continue. Given the positives, I believe that PFE stock can deliver total returns of 100% in the next 24 months. Rio Tinto (RIO) Source: Shutterstock Rio Tinto (NYSE:RIO) is another high-potential stock with a low P/E of 7.8. RIO stock also has an attractive dividend yield of 7.5% and I believe that dividends are sustainable. The first point to note is that Rio Tinto incurred capital expenditure of $20.3 billion in the last three years. For the same period, the company delivered free cash flow of $36.1 billion. Therefore, Rio has high financial flexibility and the iron ore segment remains the cash cow. At the same time, Rio has been investing in diversification of assets. Currently, the company has exposure to copper, aluminium, and lithium. Rio is therefore focused on metals that will be in demand due to energy transition. Coming back to fundamentals, Rio reported net debt to EBITDA of 0.16 as of 2022. With high financial flexibility, I expect capital investments to remain high in the next few years. This will translate into higher cash flows and potential dividend growth. AT&T (T) AT&T (NYSE:T) stock has been in a correction mode with a downside of 17% for the year. However, even after discounting near term disappointment, the stock seems significantly undervalued. T stock trades at a forward P/E of 6.4 and offers a dividend yield of 7.1%. From a financial perspective, there are two important points to note. First, AT&T reported operating cash flow of $6.7 billion for Q1 2023. With an annual OCF potential in excess of $25 billion, dividends are secure and the company can make aggressive investments. Further, AT&T has been pursuing deleveraging since the spin-off of the media division. As of March, the company’s total debt was $137.5 billion. In February, it was reported that the company is looking to sell its cybersecurity division. Internal cash flows and divestment of non-core business will help in further reducing debt and improving credit metrics. On the flip-side, subscriber growth has not been up to expectations. However, AT&T has made big investments in 5G infrastructure. I expect subscriber growth to potentially accelerate with 5G adoption. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post Affordable Blue-Chips: 3 High-Potential Stocks With Low P/E Ratios appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ:AAPL) stock traded sideways for an extended period before surging by almost 50% for the year. With an annual OCF potential in excess of $25 billion, dividends are secure and the company can make aggressive investments. Internal cash flows and divestment of non-core business will help in further reducing debt and improving credit metrics.	Apple (NASDAQ:AAPL) stock traded sideways for an extended period before surging by almost 50% for the year. Pfizer (PFE) Source: Manuel Esteban / Shutterstock.com Pfizer (NYSE:PFE) stock is among the top affordable blue-chip stocks to buy. Rio Tinto (RIO) Source: Shutterstock Rio Tinto (NYSE:RIO) is another high-potential stock with a low P/E of 7.8.	Apple (NASDAQ:AAPL) stock traded sideways for an extended period before surging by almost 50% for the year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s not easy to find affordable blue-chip stocks from a valuation perspective. Pfizer (PFE) Source: Manuel Esteban / Shutterstock.com Pfizer (NYSE:PFE) stock is among the top affordable blue-chip stocks to buy.	Apple (NASDAQ:AAPL) stock traded sideways for an extended period before surging by almost 50% for the year. However, with overall fundamentals being strong, these undervalued blue-chip stocks are worth buying. Rio Tinto (RIO) Source: Shutterstock Rio Tinto (NYSE:RIO) is another high-potential stock with a low P/E of 7.8.
15203.0	2023-06-26 00:00:00 UTC	Why Wall Street Thinks the Joyride for Apple, Amazon, and Google Stocks Could Nearly Be Over	AAPL	https://www.nasdaq.com/articles/why-wall-street-thinks-the-joyride-for-apple-amazon-and-google-stocks-could-nearly-be-over	nan	nan	It's been a fun year so far for many investors. Shares of three of the biggest companies on the market -- Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- have skyrocketed. But could the fun soon come to a screeching halt? Maybe so. Here's why Wall Street thinks the joyride for Apple, Amazon, and Google (Alphabet) stocks could be nearly over. Unspectacular outlooks Wall Street has decidedly unspectacular outlooks for these top stocks. Sure, most analysts still recommend buying Apple, Amazon, and Alphabet. But there's more to the story. The consensus 12-month price target for Apple is less than 1% above its current share price. That's not a bullish forecast, even though 33 of the 38 analysts surveyed by Refinitiv in June still rate the stock as a buy or strong buy. The picture isn't much better for Amazon. The average price target for the stock reflects an upside potential over the next 12 months of less than 6%. One analyst even slapped an "underperform" rating on Amazon with a price target more than 40% below its current price. Wall Street is slightly more optimistic about Alphabet. The consensus price target for Google's parent is around 8.4% above the current share price. Considering that the stock has vaulted nearly 40% higher so far this year, though, that projected gain is relatively puny. Multiple factors Why are analysts not very enthusiastic about these stocks over the next 12 months? There are multiple factors at play. Probably the biggest worry is that the stocks have soared so much in a short period of time. That's especially the case for Amazon, with its shares up by around 54% year to date. Wall Street seems to think there simply isn't much gas left to continue fueling impressive gains. Some analysts have company-specific reasons for their caution. For example, UBS analyst David Vogt downgraded Apple stock from buy to neutral earlier this month. Vogt sees "growth headwinds" for the iPhone maker. Loop Capital's Rob Sanderson downgraded Alphabet stock from buy to hold in May. He expressed concern that the increased adoption of artificial intelligence (AI) сould hurt Google's business. They might not say it out loud, but some on Wall Street could also expect that a U.S. recession is on the way. A recession would almost certainly take a toll on all three of these stocks. Another perspective Is Wall Street right that Apple, Amazon, and Alphabet stocks don't have much more room to run over the near term? Maybe so. It wouldn't be surprising for any or all of these stocks to pull back after their tremendous gains. There's another perspective to consider, though. Even if these stocks don't climb much higher over the next 12 months, they could still deliver huge returns over the next decade and beyond. Earnings growth could put the valuations of these high-flying stocks in a new light. AI could (and I'd argue will) provide a major tailwind over the long term for Apple, Amazon, and Alphabet. I think that Loop Capital's Sanderson could be underestimating how much Google Cloud could benefit from the AI boom, and overestimating the negative impact on Google Search. While several economists are predicting a recession, most of them expect it to only be a mild one. All three of these stocks should recover quickly after a downturn. And it's still possible that the recession won't actually materialize. Perhaps Apple, Amazon, and Google stocks will take a pit stop. But I think that their joyride is far from over. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Keith Speights has positions in Alphabet, Amazon.com, and Apple. The Motley Fool has positions in and recommends Alphabet, Amazon.com, and Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Shares of three of the biggest companies on the market -- Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- have skyrocketed. Wall Street seems to think there simply isn't much gas left to continue fueling impressive gains. For example, UBS analyst David Vogt downgraded Apple stock from buy to neutral earlier this month.	Shares of three of the biggest companies on the market -- Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- have skyrocketed. Here's why Wall Street thinks the joyride for Apple, Amazon, and Google (Alphabet) stocks could be nearly over. Loop Capital's Rob Sanderson downgraded Alphabet stock from buy to hold in May.	Shares of three of the biggest companies on the market -- Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- have skyrocketed. Here's why Wall Street thinks the joyride for Apple, Amazon, and Google (Alphabet) stocks could be nearly over. Another perspective Is Wall Street right that Apple, Amazon, and Alphabet stocks don't have much more room to run over the near term?	Shares of three of the biggest companies on the market -- Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- have skyrocketed. Here's why Wall Street thinks the joyride for Apple, Amazon, and Google (Alphabet) stocks could be nearly over. Sure, most analysts still recommend buying Apple, Amazon, and Alphabet.
15204.0	2023-06-26 00:00:00 UTC	3 Stocks to Buy for Long-Term Dividends and Buybacks	AAPL	https://www.nasdaq.com/articles/3-stocks-to-buy-for-long-term-dividends-and-buybacks	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Income investors often search for stocks for long-term dividends and buybacks to round out their portfolios. The obvious starting point to locate these types of investments is by looking at yield. This tells you the percentage of that company’s share price paid out in dividends. It offers a touchpoint for investors, but it’s an imperfect measure. First, it’s backward-looking— so it measures the previous dividend payments against the current share price. Second, it can be artificially inflated by a low share price. Typically, a low share price reflects low confidence in the market and could suggest the company’s financials aren’t strong enough to cover its expected payouts. Dividends aren’t guaranteed and are often the first thing to hit the chopping block when financial trouble strikes. There are a few ways to work out whether a company’s got the financial fortitude to continue paying and expanding its dividend. The first is to look at the payout ratio, which compares a company’s dividend payouts with its net income. A number greater than 1 means the company pays investors more than it makes, suggesting those dividend payments are unsustainable. Investors can also look at cash flow compared to dividend payouts to understand how difficult it is for a particular company to cover or increase its dividend payments. Finally, income investors may want to consider the top stocks for dividends and buybacks. Both dividends and buybacks are ways that companies return cash to shareholders. The latter offers a bit more flexibility. Whereas companies have to cut their dividend if times are tight, buyback programs offer a way to return excess cash to shareholders on a one-off basis. Buying back shares reduces the number on the market, often leading to a bump in the share price as a result. It means shareholders automatically own a larger chunk of the company. Stocks for Long-Term Dividends and Buybacks: Pfizer (PFE) Source: photobyphm / Shutterstock.com The pharmaceutical sector is a good place to find some of the top stocks for dividends and buybacks. Thanks to its early vaccine candidate, pharmaceutical giant Pfizer (NYSE:PFE) was a huge winner during the pandemic. The group benefitted from an enormous cash windfall from vaccine sales, which have now dropped off a cliff with the pandemic behind us. But the group put the cash to good use, beefing up investment in research & development. This investment has set the group up to navigate difficult waters ahead as some of its blockbuster drugs lose their patent protection. The group pays out a dividend yield just shy of 4.5%, making it a good choice for income investors. The group’s payout ratio is less than 50%, which means there should be plenty of wiggle room as management copes with the more challenging environment ahead. Pfizer stock is lowly valued compared to some of its Pharma peers, reflecting uncertainty about the group’s ability to push out new drugs to plug the gap left by falling vaccine sales. However, Pfizer has a strong history of successful drug development, so this could be a suitable entry point. Verizon (VZ) Source: Ken Wolter / Shutterstock.com Another sector to find stocks for long-term dividends and any buybacks is communications. Verizon (NYSE:VZ) is no exception, with a dividend yield of over 7%. Some of this is due to a 30% share price decline over the past year. That reflects the market’s concern about Verizon’s ability to compete in the mobile market. Nowadays, it’s difficult to distinguish your mobile offering, and customer switching costs are low, so wireless companies compete mostly on price, eroding margins. Plus, the group’s had to shell out to update its 5G network, an expensive endeavor thanks to pricey spectrum licenses. However, there’s a lot to like about Verizon. The group’s one of the world’s largest telecoms, and its model is strong— after the initial outlay to set up infrastructure, each new customer is virtually cost-less to add. Now that the largest outlay for 5G is behind us, Verizon should start gaining momentum. Its dividend payout is relatively high at 71%, but there’s still some breathing room, particularly if things pick up. Ultimately broadband is a must-have these days, meaning even as times get tougher, consumers will continue to pay to stay connected, so Verizon’s in a strong position to weather an oncoming economic storm. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com With a yield of less than 1%, Apple (NASDAQ:AAPL) doesn’t often make the list of top dividend and buyback stocks. However, the latter part of that phrase makes the tech giant a candidate. Apple’s business is a sprawling cash cow, meaning management often has a surplus of excess cash that can’t be effectively reinvested into the business. The group has a history of sending that cash straight back to investors, boosting share prices, and increasing ownership for those who continue to hold shares. The group’s most recent buyback scheme is expected to reach $90bn. There’s reason to think this won’t be the last cash injection investors see, either. Apple’s strong brand power is backed by a strong management team that seamlessly transitioned alongside consumer preferences. The result has been Apple’s ability to charge a premium for its offerings, boosting margins and supercharging cash flow. The group’s also made a foray into streaming, albeit slowly. This part of the business, which offers everything from films and tv shows to music and on-demand fitness, will be a strong growth engine as it continues to gain traction. On the date of publication, Marie Brodbeck did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Marie Brodbeck has a Finance degree from Duquesne University and has been a financial journalist for more than a decade. Her work can be seen in a variety of publications including InvestorPlace, Benzinga, Yahoo Finance and CCN. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment? The $1 Investment You MUST Take Advantage of Right Now The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Stocks to Buy for Long-Term Dividends and Buybacks appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (AAPL) Source: sylv1rob1 / Shutterstock.com With a yield of less than 1%, Apple (NASDAQ:AAPL) doesn’t often make the list of top dividend and buyback stocks. Whereas companies have to cut their dividend if times are tight, buyback programs offer a way to return excess cash to shareholders on a one-off basis. Pfizer stock is lowly valued compared to some of its Pharma peers, reflecting uncertainty about the group’s ability to push out new drugs to plug the gap left by falling vaccine sales.	Apple (AAPL) Source: sylv1rob1 / Shutterstock.com With a yield of less than 1%, Apple (NASDAQ:AAPL) doesn’t often make the list of top dividend and buyback stocks. Typically, a low share price reflects low confidence in the market and could suggest the company’s financials aren’t strong enough to cover its expected payouts. Stocks for Long-Term Dividends and Buybacks: Pfizer (PFE) Source: photobyphm / Shutterstock.com The pharmaceutical sector is a good place to find some of the top stocks for dividends and buybacks.	Apple (AAPL) Source: sylv1rob1 / Shutterstock.com With a yield of less than 1%, Apple (NASDAQ:AAPL) doesn’t often make the list of top dividend and buyback stocks. Investors can also look at cash flow compared to dividend payouts to understand how difficult it is for a particular company to cover or increase its dividend payments. Stocks for Long-Term Dividends and Buybacks: Pfizer (PFE) Source: photobyphm / Shutterstock.com The pharmaceutical sector is a good place to find some of the top stocks for dividends and buybacks.	Apple (AAPL) Source: sylv1rob1 / Shutterstock.com With a yield of less than 1%, Apple (NASDAQ:AAPL) doesn’t often make the list of top dividend and buyback stocks. Typically, a low share price reflects low confidence in the market and could suggest the company’s financials aren’t strong enough to cover its expected payouts. Investors can also look at cash flow compared to dividend payouts to understand how difficult it is for a particular company to cover or increase its dividend payments.
15205.0	2023-06-25 00:00:00 UTC	Will Apple Finally Succeed in Killing the Password?	AAPL	https://www.nasdaq.com/articles/will-apple-finally-succeed-in-killing-the-password	nan	nan	We've all been there. Faced with the login page of an app or site, we repeatedly enter what must certainly be the right login and password, only to receive the dreaded (and annoying) response, "user and password combination not recognized." The frequency of this situation has only increased as the number of applications and sites requiring log-in credentials skyrocketed in recent years. Some people make use of the same username and password for multiple sites or use easy-to-remember passwords (like 1234), practices cybersecurity experts strenuously advise against. Apple (NASDAQ: AAPL) wants to eliminate the entire process and has a solution that's set to be released with its soon-to-be-released software update. The iPhone maker is known for simple and elegant answers to problems users didn't even know they had, but can the company finally solve a problem that has plagued internet users for years? Image source: Apple. One and done Earlier this month, at the company's Worldwide Developers Conference (WWDC), Apple revealed plans to change the entire identity verification process. With its upcoming software update -- iOS 17 and macOS Sonoma -- Apple will debut a new passkey feature. In short, the system will work like this: Each time an iPhone (or Mac) user is prompted to log in to a website or create an account, their device will offer them another choice -- to generate a passkey. Users will be asked to enter their username and password -- just once -- and then proceed to the website's account-management screen. Once the user is provided the option to save a passkey for that account, they tap continue, and the process is complete. In the future, each time the user needs to log in to that site or application, Apple will verify their identity using its FaceID or TouchID features, then automatically log in using the passkey feature. Greatly improved security On its website, Apple explains the advantages of using the passkey feature instead of the typical login process: "A passkey is a cryptographic entity that's not visible to you, and it's used in place of a password. A passkey consists of a key pair, which -- compared to a password -- profoundly improves security." With the key pair, one is registered with a specific website or app, while the other is stored on the iPhone or other Apple device. The company goes on to say that each passkey will only work with its designated website -- which prevents the user from being tricked into entering their login credentials into a fake website. Furthermore, it makes use of "powerful, industry-standard cryptography techniques," securely storing the passkey on the iCloud Keychain, which is end-to-end encrypted, so not even Apple has access. Stored passkey information can be shared among any of the user's other Apple devices. Perhaps more importantly, users can even deploy the passkey and sign into the account from a non-Apple device by beginning the login process and scanning a one-time-use QR code to verify their identity. Users can also share passkey data with trusted friends and family members authorized to log in to the same site. "With the passkey, you'll be able to walk up to a non-Apple device and sign into a website or app using just your iPhone," said Darin Adler, the company's VP of internet technologies. "We look forward to a passwordless future," he said. Many have longed for the days when passwords would be a thing of the past, but Apple might actually have the clout to make it happen. The upside for Apple This isn't necessarily groundbreaking technology, as a growing number of high-profile websites already support the use of passkeys. However, the breadth of Apple's vast user base makes this a significant move for the iPhone maker. Earlier this year, Apple announced that it had surpassed 2 billion active devices, which includes more than 1 billion iPhones. Furthermore, as Apple customers are generally younger and more tech-savvy, they're more likely to avail themselves of the technology, thereby hastening the death of passwords. The iPhone is the crown jewel of Apple's empire. For the 2022 fiscal year (ended Sept. 24), the iPhone generated more than $205 billion in sales and represented 52% of Apple's total revenue. Furthermore, the success of Apple's services segment relies on iPhone users signing up for additional products and services for use on their devices. Apple has a vested interest in keeping existing customers and attracting new ones. Once users are entrenched in Apple's large and growing ecosystem, history suggests it's highly unlikely they will switch to a competing device. That's good news for Apple and its investors. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Danny Vena has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) wants to eliminate the entire process and has a solution that's set to be released with its soon-to-be-released software update. One and done Earlier this month, at the company's Worldwide Developers Conference (WWDC), Apple revealed plans to change the entire identity verification process. In short, the system will work like this: Each time an iPhone (or Mac) user is prompted to log in to a website or create an account, their device will offer them another choice -- to generate a passkey.	Apple (NASDAQ: AAPL) wants to eliminate the entire process and has a solution that's set to be released with its soon-to-be-released software update. In the future, each time the user needs to log in to that site or application, Apple will verify their identity using its FaceID or TouchID features, then automatically log in using the passkey feature. The upside for Apple This isn't necessarily groundbreaking technology, as a growing number of high-profile websites already support the use of passkeys.	Apple (NASDAQ: AAPL) wants to eliminate the entire process and has a solution that's set to be released with its soon-to-be-released software update. In the future, each time the user needs to log in to that site or application, Apple will verify their identity using its FaceID or TouchID features, then automatically log in using the passkey feature. Greatly improved security On its website, Apple explains the advantages of using the passkey feature instead of the typical login process: "A passkey is a cryptographic entity that's not visible to you, and it's used in place of a password.	Apple (NASDAQ: AAPL) wants to eliminate the entire process and has a solution that's set to be released with its soon-to-be-released software update. In the future, each time the user needs to log in to that site or application, Apple will verify their identity using its FaceID or TouchID features, then automatically log in using the passkey feature. "With the passkey, you'll be able to walk up to a non-Apple device and sign into a website or app using just your iPhone," said Darin Adler, the company's VP of internet technologies.
15206.0	2023-06-25 00:00:00 UTC	Join the Race to $10 Trillion With These 7 Top Valued Stocks	AAPL	https://www.nasdaq.com/articles/join-the-race-to-%2410-trillion-with-these-7-top-valued-stocks	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips In recent years, several U.S stocks reached market capitalizations near, at, or above $1 trillion. Now the question is – what will it take for these top valued stocks to reach $10 trillion? The answer to this $10 trillion question varies from company to company. For starters, some members of the “trillion dollar club” have much further along on their way to reaching this lofty valuation level. Moderately-high (low-teens) annual gains over the course of a decade could get them to the finish line. For other names in this category, they will need to stay high-potential trillion dollar stocks. That is, these companies will need to continue growing at an extremely rapid clip, in order to reach the $10 trillion mark within a reasonable timeframe. Finally, there are some stocks that, while top-valued today, may have but a slim chance of “leveling up” significantly from their current valuation. According to Finviz, these are the seven largest U.S.-listed companies by market cap. Should you buy these top valued stocks, based on their chances of becoming the first top rated stocks to reach $10 trillion? Let’s find out. Apple (AAPL) Source: askarim / Shutterstock The rebound among tech stocks has elevated Apple (NASDAQ:AAPL) shares not just back to their past high-water mark, but to new all-time highs as well. As a result, AAPL, the largest stock by market cap, now sports a $3 trillion valuation. With this, AAPL stock is one of the trillion-dollar market cap stocks that only needs to moderately knock it out of the park in order to eventually hit $10 trillion. All the company may need to do is continue growing earnings by 10%-15% per year in the coming years. Even if Apple fails to find success with some of its more moonshot endeavors, such as its proposed Apple car, as Louis Navellier has argued previously, the company’s Services segment could soon experience a growth resurgence. This may result in the level of overall earnings growth needed to get the stock up to the $10 trillion mark. Microsoft (MSFT) Source: Asif Islam / Shutterstock.com Microsoft’s (NASDAQ:MSFT) big move into the field of artificial intelligence (or AI) has enabled the company’s shares to experience a high level of price appreciation thus far in 2023. After rallying by around 41.8% since January, MSFT, the second-largest stock by market cap, now has a valuation of around $2.6 trillion. Like AAPL, all it may require for MSFT stock to hit $10 trillion is to hit a moderately-high level of earnings growth as the 2020s play out. In fact, it could be even more attainable for Microsoft, assuming the “AI revolution” lives up to the hype. As it continues to integrate the AI technology and know-how obtained from its $10 billion partnership with ChatGPT developer OpenAI, Microsoft may just well be able to realize exponential earnings growth. With this, consider MSFT one of the top contenders among top-valued stocks to reach $10 trillion. Alphabet (GOOG,GOOGL) Source: IgorGolovniov / Shutterstock.com Google and YouTube parent Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) comes in at number three on our list. Although GOOG stock has yet to re-hit its all-time high, shares have been lifted by the recent tech stock rebound. The stock now sports a market cap of around $1.6 trillion, making it (in theory) a possible future member of the $10 trillion club. Then again, maybe not. While the company is catching up in AI, after Microsoft’s big advances in this area, it’s still unclear how much AI-enabled search will impact margins for its cash cow Google search segment. Hitting the levels of growth needed to reach $10 trillion could also prove challenging. Largely, because other segments, like Google Cloud and YouTube, are experiencing a growth slowdown. Amazon (AMZN) Source: Tada Images / Shutterstock.com Amazon (NASDAQ:AMZN) is the fourth-largest U.S.-listed stock by market cap. What are the odds that this $1.35 trillion company becomes one of top valued stocks to reach $10 trillion? Back in May, InvestorPlace’s Alex Sirois argued that international e-commerce expansion means a continued growth runway for the company. More recently, InvestorPlace’s Samuel O’Brient detailed the big impact AI will have on Amazon’s AWS cloud computing unit. Yet while all of this points to larger earnings in the years ahead for the company, this alone may not get it to $10 trillion. Why? Valuation. AMZN stock today trades for 83.2 times earnings. Hence, AMZN already prices-in a lot of its future earnings potential. $10 trillion is 7.4 times AMZN’s current market cap, yet Amazon may need to grow its earnings by a far greater magnitude to ultimately cross the $10 trillion finish line. Nvidia (NVDA) Source: Michael Vi / Shutterstock.com Like Amazon, Nvidia’s (NASDAQ:NVDA) high valuation may limit its potential to hit $10 trillion. It’s undeniable that the AI megatrend leaves this leading maker of AI chips well-positioned to experience high revenue and earnings growth. However, at a forward earnings multiple of 55.3, for $1.06 trillion market cap NVDA stock to grow its valuation nearly ten-fold, the company really needs to beat expectations with its future earnings results. Previously, I’ve argued that high growth could continue in the coming year, especially as the tech slowdown eases. But over a longer time frame, growth could decelerate. Right now, with the “AI arms race” underway, there may be an unsustainably-high level of demand for AI chips right now. In addition, Nvidia dominates the AI chip market today, but key rival Advanced Micro Devices (NASDAQ:AMD) isn’t afraid to try and grab a large piece of this market. Tesla (TSLA) Source: Khairil Azhar Junos/Shutterstock.com In my view, forget about Tesla (NASDAQ:TSLA) becoming one of the top valued stocks to reach $10 trillion. Just maintaining its current market cap (around $824 billion) may prove to be a tall order for the electric vehicle (or EV) maker. Why? Despite recent AI hype surrounding TSLA stock, analysts believe AI catalysts (if any) are already priced-in. Sure, alongside AI mania, shares have moved higher this year for another reason. Many investors believe that Tesla will sustain high levels of growth/maintain market share, thanks to its aggressive vehicle price cuts. Yet while revenue rose 24% last quarter thanks in large part to lower vehicle prices, net income fell by 24% as well. If Tesla’s price war gambit keeps producing as many (if not more) negatives than positives, the market could become less inclined to give TSLA such a substantial valuation premium over other automotive stocks. Berkshire Hathaway (BRK-A, BRK-B) Source: IgorGolovniov / Shutterstock.com Berkshire Hathaway (NYSE:BRK-A,NYSE:BRK-B), investor Warren Buffett’s holding company, is the seventh-largest U.S.-listed stock by market cap. From 1965, when Buffett first took over the company, through 2022, shares compounded at an annualized rate of nearly 20%. This may suggest BRK.A stock (with a $740.8 billion valuation) will in time reach $10 trillion. However, while possible, back-of-the-envelope calculations indicate Berkshire, one of the top stocks for high market value investments, hits $10 trillion. While Berkshire has compounded at a 20% clip across seven decades, its rate of appreciation has slowed down considerably in more recent years, given how much it has scaled up in size. Over the past decade, annualized returns have been around 11.75%. Assuming Berkshire isn’t broken up, if its shares continue to appreciate at an 11.75% clip, a $10 trillion market cap is 24 years away. On the date of publication, Thomas Niel did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment? The $1 Investment You MUST Take Advantage of Right Now The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post Join the Race to $10 Trillion With These 7 Top Valued Stocks appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (AAPL) Source: askarim / Shutterstock The rebound among tech stocks has elevated Apple (NASDAQ:AAPL) shares not just back to their past high-water mark, but to new all-time highs as well. As a result, AAPL, the largest stock by market cap, now sports a $3 trillion valuation. With this, AAPL stock is one of the trillion-dollar market cap stocks that only needs to moderately knock it out of the park in order to eventually hit $10 trillion.	Apple (AAPL) Source: askarim / Shutterstock The rebound among tech stocks has elevated Apple (NASDAQ:AAPL) shares not just back to their past high-water mark, but to new all-time highs as well. As a result, AAPL, the largest stock by market cap, now sports a $3 trillion valuation. With this, AAPL stock is one of the trillion-dollar market cap stocks that only needs to moderately knock it out of the park in order to eventually hit $10 trillion.	Apple (AAPL) Source: askarim / Shutterstock The rebound among tech stocks has elevated Apple (NASDAQ:AAPL) shares not just back to their past high-water mark, but to new all-time highs as well. As a result, AAPL, the largest stock by market cap, now sports a $3 trillion valuation. With this, AAPL stock is one of the trillion-dollar market cap stocks that only needs to moderately knock it out of the park in order to eventually hit $10 trillion.	Apple (AAPL) Source: askarim / Shutterstock The rebound among tech stocks has elevated Apple (NASDAQ:AAPL) shares not just back to their past high-water mark, but to new all-time highs as well. As a result, AAPL, the largest stock by market cap, now sports a $3 trillion valuation. With this, AAPL stock is one of the trillion-dollar market cap stocks that only needs to moderately knock it out of the park in order to eventually hit $10 trillion.
15207.0	2023-06-25 00:00:00 UTC	3 Growth Stocks to Buy in a Bear Market	AAPL	https://www.nasdaq.com/articles/3-growth-stocks-to-buy-in-a-bear-market-3	nan	nan	Last year, a lengthy bear market highlighted the importance of investing in reliable growth stocks. Economic headwinds brought down the entire market but also created an excellent time to invest in stocks that don't often go on sale. Tech stocks were some of the most attractive options, given the sector's history of consistent growth over the long term. Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50%, 55%, and 27%, respectively, throughout 2022. However, their promising long-term outlooks and past growth make them no-brainer buys amid a market downturn. Let's take a closer look at these three growth stocks and see why they're good buys in a bear market. 1. Amazon In the event of a bear market, it's crucial to invest in companies active in high-growth sectors that will likely provide gains long after the slump has passed. As a result, Amazon's leading market shares in e-commerce and cloud computing make its stock a compelling investment. In the U.S., the tech company holds a 38% market share in e-commerce, with the second-largest share being Walmart, at 6%. Amazon's dominance in online retail means it has the most to gain from the industry's growth. Meanwhile, data from eMarketer shows the e-commerce market hit $5.7 trillion in 2022, with online sales making up about 20% of all retail purchases. That percentage is projected to hit 24% by 2026, with the market rising to a value of $8 trillion. Moreover, Amazon has a solid position in the booming artificial intelligence (AI) industry as the home of the world's biggest cloud platform, Amazon Web Services. The cloud service boasts a leading 32% share of the market, ahead of competitors like Microsoft's Azure and Alphabet's Google Cloud. Amazon may have shown its vulnerability to macroeconomic headwinds last year, but its long-term prospects in two lucrative sectors make it an attractive stock for patient investors. 2. Advanced Micro Devices Like Amazon, Advanced Micro Devices has the potential to profit from the development of multiple industries. The company's chip business has granted it solid positions in a variety of markets, with its hardware powering cloud platforms, AI models, game consoles, PCs, and more. As the tech industry expands, more and more companies will be turning to chipmakers like AMD to take their devices to the next level, bolstering the semiconductor company's stock over the long term. AMD's stock may have taken a deep dive last year, but those who took advantage of the bear market have benefited from its 72% rise since Jan. 1. Wall Street has grown particularly bullish about AMD this year, thanks to its potential in AI. The company's chips can run and develop AI software, with the market expected to expand at a compound annual growth rate of 37% through 2030. Additionally, AMD's financials are on a solid growth track. Over the last five years, annual revenue has risen 265%, while operating income has increased 180%. Alongside a swiftly expanding business, AMD is an excellent option at almost any time but especially during a bear market. 3. Apple Apple has a reputation for reliability, with the potency of its products leading it to achieve the world's largest market capitalization at $2.9 trillion. In fact, Apple's products are so popular it has the third-largest e-commerce market share in the U.S. at 4% despite having a significantly smaller lineup of products than companies like Amazon and Walmart. The success of Apple's products has resulted in a relatively stable stock price that doesn't often experience dramatic peaks and valleys. However, that also means it doesn't often go on sale. The chart below proves Apple's resilience, with its stock seeing the lowest decline among the five biggest names in tech in 2022 despite the economic downturn. Data by YCharts Looking to the future, Apple investors have plenty to rally over. The company has a lucrative services business that reported revenue growth of 14% in fiscal 2022, a growing position in fintech with its own credit card and savings account, and a recent venture into the high-growth virtual and augmented reality market with a new headset. Apple may be dominating consumer tech, but there's still plenty of room for growth ahead, making its stock a compelling investment. Find out why Amazon.com is one of the 10 best stocks to buy now Our analyst team has spent more than a decade beating the market. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed their ten top stock picks for investors to buy right now. Amazon.com is on the list -- but there are nine others you may be overlooking. Click here to get access to the full list! *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon.com, Apple, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50%, 55%, and 27%, respectively, throughout 2022. Amazon In the event of a bear market, it's crucial to invest in companies active in high-growth sectors that will likely provide gains long after the slump has passed. The company's chip business has granted it solid positions in a variety of markets, with its hardware powering cloud platforms, AI models, game consoles, PCs, and more.	Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50%, 55%, and 27%, respectively, throughout 2022. As a result, Amazon's leading market shares in e-commerce and cloud computing make its stock a compelling investment. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon.com, Apple, Meta Platforms, and Microsoft.	Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50%, 55%, and 27%, respectively, throughout 2022. As a result, Amazon's leading market shares in e-commerce and cloud computing make its stock a compelling investment. *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.	Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50%, 55%, and 27%, respectively, throughout 2022. As a result, Amazon's leading market shares in e-commerce and cloud computing make its stock a compelling investment. As the tech industry expands, more and more companies will be turning to chipmakers like AMD to take their devices to the next level, bolstering the semiconductor company's stock over the long term.
15208.0	2023-06-25 00:00:00 UTC	Bull Market or Recession in 2023? Here's What Warren Buffett Says Investors Should Do Next	AAPL	https://www.nasdaq.com/articles/bull-market-or-recession-in-2023-heres-what-warren-buffett-says-investors-should-do-next	nan	nan	The past several years have been a whirlwind for investors. After soaring to new heights in 2021, the major market indexes did an abrupt about-face, plunging into the worst bull market in more than a decade. But after spending more than a year in the dumps, stocks have come roaring back, with the S&P 500 and the Nasdaq Composite up 14% and 29%, respectively (as of this writing), so far in 2023. Yet opinions are divided about what will happen next. As recently as March, the Federal Reserve Bank warned of a possibility of a mild recession at some point this year. At the same time, the S&P and the Nasdaq are both up by more than 20% from their recent lows, which by some standards means a new bull market has begun. With all these seemingly contradictory indicators, what are investors to do? People could do worse than follow the advice of renowned Berkshire Hathaway CEO Warren Buffett, who has an unsurpassed track record of investing success dating back decades. In short, the Oracle of Omaha argues now is the time to invest. Image source: The Motley Fool. Uncertainty abounds Buffett acknowledges the uncertainty that accompanies periods that feature ongoing economic challenges, laying out the situation in stark terms: The financial world is a mess ... its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter, and headlines will continue to be scary. While this could be viewed as an apt description of the current situation, you might be surprised to find that this commentary was expressed at the height of the Great Recession in October 2008, in an opinion piece Buffett penned in The New York Times. Yet in it, he was also unequivocal that he was at that time buying stocks. Notably, the piece was published just months before the ensuing rebound. At the time, Buffett couldn't have possibly known that the market was already near its bottom and was about to embark on the longest bull run in stock market history. Data by YCharts. Buffett went on to say that no one could know for sure what would happen in the near term, but asserted that investors who kept their eyes firmly on the future would be richly rewarded (emphasis mine): I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month or a year from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So, if you wait for the robins, spring will be over. He also said that "most major companies will be setting new profit records five, 10 and 20 years from now ... over the long term, thestock market newswill be good." In other words, it doesn't matter if there's a recession or bull market in 2023. Investors should simply buy and hold for years, if not decades. Buying stocks on sale According to Buffett, one of the biggest mistakes investors make is paying too much for stocks. "Price is what you pay; value is what you get," he has said often, quoting his mentor Benjamin Graham -- the father of value investing. One of the best ways to avoid paying too much is to buy stocks when they're cheap. "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down," said Buffett. One such company is Taiwan Semiconductor Manufacturing Company (NYSE: TSM) (also known as TSMC). It's the world's leading third-party chipmaker and is well positioned to benefit from the ongoing boom for chips used in artificial intelligence (AI). Many investors piled into Nvidia (NASDAQ: NVDA) after that company reported better-than-expected results for its fiscal 2024 first quarter (which ended April 30), and rightly so. Nvidia is the leading provider of processors used by AI systems. Helping fuel the excitement was a robust forecast, which guided for 64% year-over-year revenue growth in the current quarter, the result of soaring demand for AI. However, this helped drive Nvidia's valuation into the stratosphere -- the stock is currently selling for 224 times trailing earnings and 42 times sales. On the other hand, TSMC -- which manufactures all of Nvidia's advanced processors -- is trading for just 16 times earnings. To give that context, the S&P 500 currently has a price-to-earnings ratio of 25, making TSMC a screaming bargain. It's worth noting that Berkshire recently sold its position in TSMC due to Buffett's concerns about geopolitical tensions in the region. "I wish it weren't sold," he said, "but I think that's a reality." He went on to call TSMC "one of the best-managed companies and [most] important companies in the world ... There's no one in the chip industry that's in their league, at least in my view," Buffett said. That's high praise coming from one of the most successful investors of all time, who analyzes business performance for a living. Buying a business with a moat Another yardstick used by Buffett when considering stocks is assessing a company's economic moat -- in other words, the durable competitive advantages that will allow it to flourish even in the midst of robust competition. One of the best examples of a Buffett stock with a seemingly unassailable moat is Apple (NASDAQ: AAPL). Buffett cites the iPhone's loyal customers as providing that moat. In fact, he believes iPhone users wouldn't give up their devices even if there was a significant financial incentive to do so. "If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it," Buffett said in a recent Barron's interview. Buffett is also a big fan of Apple's dividend, which the company recently increased by 4% to $0.24 per share each quarter. In fact, since the company resumed those payouts in 2012, it has increased its dividends by a whopping 153%. He has also opined about Apple's stock buybacks, saying he's "wildly in favor" of them. He notes that this practice increases Berkshire's ownership of each and every dollar of Apple's profits, without any additional investment on his part. The time is now To tie this all in a bow, Buffett admits that the future is uncertain and that he has no clue as to what will happen over the short term. That said, he likes buying solid businesses at a discount, while focusing on those with an economic moat. Once that's done, he usually lets time do the rest by holding those stocks for the long term. This provides a solid framework for investors who want to emulate Buffett's style -- and his results. 10 stocks we like better than Taiwan Semiconductor Manufacturing When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Taiwan Semiconductor Manufacturing wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Danny Vena has positions in Apple and Nvidia. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	One of the best examples of a Buffett stock with a seemingly unassailable moat is Apple (NASDAQ: AAPL). People could do worse than follow the advice of renowned Berkshire Hathaway CEO Warren Buffett, who has an unsurpassed track record of investing success dating back decades. While this could be viewed as an apt description of the current situation, you might be surprised to find that this commentary was expressed at the height of the Great Recession in October 2008, in an opinion piece Buffett penned in The New York Times.	One of the best examples of a Buffett stock with a seemingly unassailable moat is Apple (NASDAQ: AAPL). One such company is Taiwan Semiconductor Manufacturing Company (NYSE: TSM) (also known as TSMC). It's worth noting that Berkshire recently sold its position in TSMC due to Buffett's concerns about geopolitical tensions in the region.	One of the best examples of a Buffett stock with a seemingly unassailable moat is Apple (NASDAQ: AAPL). At the time, Buffett couldn't have possibly known that the market was already near its bottom and was about to embark on the longest bull run in stock market history. Buying stocks on sale According to Buffett, one of the biggest mistakes investors make is paying too much for stocks.	One of the best examples of a Buffett stock with a seemingly unassailable moat is Apple (NASDAQ: AAPL). Buying stocks on sale According to Buffett, one of the biggest mistakes investors make is paying too much for stocks. That's right -- they think these 10 stocks are even better buys.
15209.0	2023-06-25 00:00:00 UTC	The Top Stocks to Buy With $1,000 Right Now	AAPL	https://www.nasdaq.com/articles/the-top-stocks-to-buy-with-%241000-right-now	nan	nan	Investing in the stock market, while made out to be complicated and intimidating, can be a simple exercise. The best course of action is to find quality businesses with competitive advantages. And focus on owning them for a very long time, at least five years. By prioritizing these things, anyone can benefit from the wealth-generating capabilities of the market. I believe that Apple (NASDAQ: AAPL), O'Reilly Automotive (NASDAQ: ORLY), and Visa (NYSE: V) are companies that fit the quality standards I just mentioned. Even with just $1,000 to invest, it's a good idea to spread that out evenly among these three top stocks. Let's take a closer look. 1. Apple It's the most valuable business in the world, with a market cap of $2.9 trillion. The iPhone is still its crown jewel, representing 54% of overall company revenue in the fiscal 2023 second quarter (ended March 31). All hardware accounts for 78% of sales. But shareholders should start paying attention to the Services segment, which includes things like Apple Pay, Apple TV+, and Apple Music. Revenue in this division increased 5% year over year last quarter, faster than the overall business. If it keeps this up, profits should get a lift, since this segment carries a superb gross margin of 71%. Over the past five years, Apple shares have risen 302%, easily beating the Nasdaq Composite Index's 76% return. After this type of performance, the stock isn't necessarily cheap, trading at a price-to-earnings (P/E) ratio of 32. But to own one of the most dominant enterprises in the world that sells some of the most in-demand products and services, investors might be fine with paying a premium valuation for Apple. 2. O'Reilly Automotive With over 6,000 stores, O'Reilly is one of the leading auto parts retailers. It has registered steady increases in revenue, same-store sales, and profits throughout the last decade by catering to both DIY customers and mechanics. And there's no reason to believe this impressive track record won't continue. The business benefits from the growing population of aging cars, with more wear and tear resulting in strong demand for what O'Reilly sells. And even in recessionary times, when consumers delay purchasing new vehicles and focus on fixing their existing ones, the company is positioned for success. O'Reilly won't ever win the award for the most exciting company. This isn't a high-flying tech business that is developing innovative and disruptive products. It's a durable, predictable, and boring retailer that consistently generates lots of free cash flow. That makes for a good investment candidate. The stock has been a huge winner, up 225% in the last five years. And it's up more than 50% in just the past 12 months. Maybe this strong momentum can continue. 3. Visa Operating in a duopoly in the card payments industry, Visa is arguably one of the best businesses in the world. Its revenue has increased at a compound annual rate of more than 9% over the past decade. And during this time, the operating margin has expanded from 60% in fiscal 2012 to 64% last fiscal year. Visa is truly a world-class organization when it comes to profitability. Investors will appreciate that this business is a natural inflation hedge: Its payments volume can go up as prices across the economy rise. And more recently, the surging demand for travel has boosted Visa's cross-border volume, a boon since it earns more on these types of transactions. Of the three stocks on this list, Visa has performed the worst. Its shares are up "only" 69% in the past five years. That gain still beats the S&P 500, though. The stock trades at a P/E of 30 right now, which is below Visa's trailing-10-year average valuation. That also represents a notable discount to smaller Mastercard. It might be time to take advantage of this gap. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Mastercard, and Visa. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	I believe that Apple (NASDAQ: AAPL), O'Reilly Automotive (NASDAQ: ORLY), and Visa (NYSE: V) are companies that fit the quality standards I just mentioned. But to own one of the most dominant enterprises in the world that sells some of the most in-demand products and services, investors might be fine with paying a premium valuation for Apple. The business benefits from the growing population of aging cars, with more wear and tear resulting in strong demand for what O'Reilly sells.	I believe that Apple (NASDAQ: AAPL), O'Reilly Automotive (NASDAQ: ORLY), and Visa (NYSE: V) are companies that fit the quality standards I just mentioned. But shareholders should start paying attention to the Services segment, which includes things like Apple Pay, Apple TV+, and Apple Music. The Motley Fool has positions in and recommends Apple, Mastercard, and Visa.	I believe that Apple (NASDAQ: AAPL), O'Reilly Automotive (NASDAQ: ORLY), and Visa (NYSE: V) are companies that fit the quality standards I just mentioned. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Neil Patel has no position in any of the stocks mentioned.	I believe that Apple (NASDAQ: AAPL), O'Reilly Automotive (NASDAQ: ORLY), and Visa (NYSE: V) are companies that fit the quality standards I just mentioned. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! The Motley Fool has positions in and recommends Apple, Mastercard, and Visa.
15210.0	2023-06-25 00:00:00 UTC	Is It Too Late to Buy Apple Stock?	AAPL	https://www.nasdaq.com/articles/is-it-too-late-to-buy-apple-stock-4	nan	nan	Apple (NASDAQ: AAPL) has achieved more than most in its 47 years of business, becoming the world's most valuable company with a market cap of $2.9 trillion and dominating nearly every product category it has entered. In the past 10 years alone, its stock has soared over 1,000%, bolstered by product announcements such as the Apple Watch in 2015, AirPods in 2016, and Vision Pro in 2023. With such immense growth over the years and a substantial product lineup, you might think the best time to buy Apple stock was long ago. However, the company continues to offer investors attractive gains over the long term. Meanwhile, recent announcements suggest Apple has no plans to stop innovating and continues pushing the consumer tech industry forward with its designs. Here's why it's not too late to buy Apple stock. Consistent growth fueled by unrivaled brand loyalty Apple shares have risen more than 145,000% since the company went public in December 1980. However, the tech giant continues to see reliable growth, with its stock up over 300% since 2018. Apple's success is primarily thanks to the immense brand loyalty it has built with consumers, which has almost guaranteed its success in new ventures. Last year, Apple achieved a majority market share in U.S. smartphones, overtaking Alphabet's Android. The milestone strengthens Apple's outlook considering how seldom consumers switch smartphone operating systems. Meanwhile, the company's walled garden of products means the more iPhone users, the more sales in its other product categories. Shopper allegiance to the iPhone is largely why Apple has achieved leading market shares in tablets, smartwatches, and headphones. The connectivity between all of the company's devices makes consumers less likely to try out competing products, not to mention the discomfort of losing out on popular apps like FaceTime and Messages. Apple's product strategy has seen annual revenue rise 68% in the last five years, with operating income up 48%. The company continues to deliver reliable financial growth alongside consistent product demand, indicating a bright future ahead. What's next for Apple? The Apple brand has garnered fans worldwide, with consumers drawn to its emphasis on quality and the easy-to-use design language that's present throughout its products and services. It's these characteristics of Apple's business that make its ventures into new product categories more exciting than concerning. In the last five years, the company has expanded its position in two key markets that could help its business soar over the long term: digital services and virtual/augmented reality (VR/AR). Apple has been in the digital service game for a while now with iCloud and other offerings. However, the launch of its streaming service Apple TV+ in 2019 came alongside several other subscription-based platforms such as Arcade, Fitness+, News+, and more. The push into the market has resulted in services becoming Apple's second-highest-earning segment after the iPhone, with revenue rising 14% in fiscal 2022 (double the growth of its smartphone business). Services diversify Apple's earnings, allowing it to depend less on product sales. Meanwhile, the segment offers attractive profit margins of around 70% compared to products' 36%. Moreover, June 5 brought the highly anticipated debut of Apple's first VR/AR headset, the Vision Pro. The device has seemingly made leaps in innovation, displaying several features never before seen in past headsets. Vision Pro's launch price of $3,499 priced out many consumers and made critics skeptical of its potential. However, Apple is likely playing the long game, with plans to bring down the price in future iterations of the device. In the meantime, Apple can improve its VR/AR technology, build hype, and grow its position in a market projected to expand at a compound annual growth rate of 45% through 2029. It might take years, but if Apple can recreate its past success when entering new product markets, moving into VR/AR could become a highly profitable business. Apple may be dominating multiple markets, but it's shown no signs of slowing down. The company's history of consistent growth, immense brand loyalty, and ventures into new sectors suggest it's not too late to invest in this tech stock. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) has achieved more than most in its 47 years of business, becoming the world's most valuable company with a market cap of $2.9 trillion and dominating nearly every product category it has entered. The Apple brand has garnered fans worldwide, with consumers drawn to its emphasis on quality and the easy-to-use design language that's present throughout its products and services. In the meantime, Apple can improve its VR/AR technology, build hype, and grow its position in a market projected to expand at a compound annual growth rate of 45% through 2029.	Apple (NASDAQ: AAPL) has achieved more than most in its 47 years of business, becoming the world's most valuable company with a market cap of $2.9 trillion and dominating nearly every product category it has entered. Meanwhile, recent announcements suggest Apple has no plans to stop innovating and continues pushing the consumer tech industry forward with its designs. The company continues to deliver reliable financial growth alongside consistent product demand, indicating a bright future ahead.	Apple (NASDAQ: AAPL) has achieved more than most in its 47 years of business, becoming the world's most valuable company with a market cap of $2.9 trillion and dominating nearly every product category it has entered. In the past 10 years alone, its stock has soared over 1,000%, bolstered by product announcements such as the Apple Watch in 2015, AirPods in 2016, and Vision Pro in 2023. With such immense growth over the years and a substantial product lineup, you might think the best time to buy Apple stock was long ago.	Apple (NASDAQ: AAPL) has achieved more than most in its 47 years of business, becoming the world's most valuable company with a market cap of $2.9 trillion and dominating nearly every product category it has entered. Here's why it's not too late to buy Apple stock. In the last five years, the company has expanded its position in two key markets that could help its business soar over the long term: digital services and virtual/augmented reality (VR/AR).
15211.0	2023-06-25 00:00:00 UTC	3 Stocks Worth Owning That You Use Every Day	AAPL	https://www.nasdaq.com/articles/3-stocks-worth-owning-that-you-use-every-day	nan	nan	Although inflation isn't running quite as hot as it had been earlier this year, the general prices of things we rely on every day are still often ahead of where they were last year or the year before that. If, like many of us, your salary hasn't kept up with those costs, that may be causing you to look for ways to cut back to assure that your money goes far enough to meet your most important needs. If you're making those types of decisions, it's one thing. If everybody is making them, then it could be a sign that the companies that focus on the essentials in life may end up holding up better than the ones that offer products people can do without. With that in mind, three Motley Fool contributors uncovered companies involved with products people use every day whose stocks look like they could be worth owning. They picked Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Bank of America (NYSE: BAC), and Kinder Morgan (NYSE: KMI). Read on to find out why, and decide for yourself whether any of them might provide solid performance for your portfolio in potentially rocky times. Image source: Getty Images. Buy into Buffett Eric Volkman (Berkshire Hathaway): The monster investment vehicle of renowned investor Warren Buffett, Berkshire Hathaway has a sprawling portfolio. Buffett and Berkshire get the most attention from their moves in the publicly traded stocks within that collection, but the company also directly owns scores of businesses. And more than a few of these produce the goods many Americans use on a regular basis. You might be even wearing a product manufactured by a Berkshire-held company right now. After all, it owns storied underwear maker Fruit of the Loom, having purchased the business in 2002. That's not all, however. Fruit of the Loom has several brands in its portfolio, including sports equipment maker Spalding. So if you take a few pre-dinner shots on your driveway basketball hoop with a Spalding ball, you're also playing with Berkshire. Do you regularly treat yourself or others to a cold, tasty ice cream from Dairy Queen? Well, no prizes by now for guessing which famous investor's company has fully owned that business since 1998. Under the same umbrella as the beloved frozen-treat slinger is Orange Julius, a veteran juice outlet operator that has scores of fans throughout the United States. Most Americans these days have at least a few battery-operated devices in their households, cars, or offices. If you've loaded any electronics with Duracell batteries, you've put money in Berkshire and Buffett's very large pockets. Duracell is a relatively recent acquisition; it landed in the company's portfolio in 2014. Many folks don't realize they're not only buying into Berkshire's monster portfolio of famous blue-chip stocks -- like Apple, Bank of America, and General Motors -- when they snap up the company's shares. They're investing in their own kitchens, closets, and utility drawers, too. A linchpin in the economy Jason Hall (Bank of America): The regional banking crisis of this spring seems to be mostly behind us. The FDIC acted quickly to stem the harm to the economy and to consumers, taking over three of the larger midsize banks before the bank runs that left them insolvent could spread to other institutions. Yet at the same time, fears that the worst is still to come and the reality that many banks own a lot of loans worth less than their carrying value have left most bank stocks trading for big discounts. Sure, some of those banks may be forced to take losses and sell loans at a loss to raise cash, but I believe there is significant opportunity for investors to profit from the hangover and lingering fears. Bank of America is at the top of my list of banks for opportunistic investors. One of the largest U.S. banks by deposits, BofA is regarded as being a very safe place to bank. Yet at recent prices, you can buy shares at 0.89 times book value, or a discount of 11 cents on the dollar. Typically, a high-quality bank like this would trade for 1.2 times book or even higher. Part of that discount is due to ultra-cheap loans that have lost value because of rising interest rates and lingering fears of recession. But high depositor confidence and a fortress-like balance sheet mean BofA should have little trouble holding those loans to maturity, and not taking any loss. Trading for a book value discount is only part of the appeal: It also trades for 8.3 times forward earnings estimates, and the dividend yield is now above 3%. With millions of people and businesses depending on this stalwart every day, now looks like a great time to open a long-term holding position in Bank of America. You probably don't realize how much you rely on this company Chuck Saletta (Kinder Morgan): U.S. energy pipeline giant Kinder Morgan owns or operates around 82,000 miles of oil and natural gas pipelines. If you drive on an asphalt road, have a car or ride public transit that uses gas, or have electricity provided by a utility that uses natural gas or oil, you probably rely on something that has passed through its infrastructure. Likewise, most plastics are produced from natural gas and/or oil processing, the materials for which also could have been inside a Kinder Morgan pipeline. The combination of just how much useful stuff relies on its pipelines and just how invisible those pipelines are in everyday life for most people is both a blessing and a curse for Kinder Morgan. It's a blessing because it assures some level of demand for its business, even if the economy is headed for a recession. It's a curse because their invisibility means that many people who are opposed to the concept of pipelines might be swayed if they recognized just how much they rely on them. From an investor's perspective, probably what matters most is that oil and natural gas usage is likely to remain strong for decades to come. Indeed, even under its most optimistic scenarios for green energy, the U.S. Energy Information Administration projects fairly steady oil and natural gas demand through 2050. Of course, steady demand is hardly the story of a rapid growth company. On that front, Kinder Morgan's market capitalization around $37 billion looks reasonable compared with its trailing-12-month operating cash flow of around $4.9 billion. That values the company at less than eight times the cash its operations throw off in a year, which seems fair for a business that isn't expected to grow all that quickly. Add to it a dividend that is well covered by those cash flows and offers investors a yield around 6.6%, and the company offers a decent total profile for what looks like a fairly steady company. Everyday companies can make solid investments Whether it's Berkshire Hathaway, Bank of America, Kinder Morgan, or other similar companies, investors can certainly find value in owning the shares of companies that make products that are core to people's everyday lives. If you're looking to put a part of your portfolio into businesses like these, then today is an excellent day to make the choice for yourself to invest. After all, the sooner you're invested, the sooner you have the opportunity to potentially get something back from these businesses where your cash is probably already flowing in the form of your purchases. 10 stocks we like better than Berkshire Hathaway When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Berkshire Hathaway wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Bank of America is an advertising partner of The Ascent, a Motley Fool company. Chuck Saletta has positions in Kinder Morgan. Eric Volkman has positions in Apple. Jason Hall has positions in Bank of America and Berkshire Hathaway. The Motley Fool has positions in and recommends Apple, Bank of America, Berkshire Hathaway, and Kinder Morgan. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Many folks don't realize they're not only buying into Berkshire's monster portfolio of famous blue-chip stocks -- like Apple, Bank of America, and General Motors -- when they snap up the company's shares. But high depositor confidence and a fortress-like balance sheet mean BofA should have little trouble holding those loans to maturity, and not taking any loss. With millions of people and businesses depending on this stalwart every day, now looks like a great time to open a long-term holding position in Bank of America.	They picked Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Bank of America (NYSE: BAC), and Kinder Morgan (NYSE: KMI). You probably don't realize how much you rely on this company Chuck Saletta (Kinder Morgan): U.S. energy pipeline giant Kinder Morgan owns or operates around 82,000 miles of oil and natural gas pipelines. Everyday companies can make solid investments Whether it's Berkshire Hathaway, Bank of America, Kinder Morgan, or other similar companies, investors can certainly find value in owning the shares of companies that make products that are core to people's everyday lives.	Many folks don't realize they're not only buying into Berkshire's monster portfolio of famous blue-chip stocks -- like Apple, Bank of America, and General Motors -- when they snap up the company's shares. You probably don't realize how much you rely on this company Chuck Saletta (Kinder Morgan): U.S. energy pipeline giant Kinder Morgan owns or operates around 82,000 miles of oil and natural gas pipelines. Everyday companies can make solid investments Whether it's Berkshire Hathaway, Bank of America, Kinder Morgan, or other similar companies, investors can certainly find value in owning the shares of companies that make products that are core to people's everyday lives.	You probably don't realize how much you rely on this company Chuck Saletta (Kinder Morgan): U.S. energy pipeline giant Kinder Morgan owns or operates around 82,000 miles of oil and natural gas pipelines. Everyday companies can make solid investments Whether it's Berkshire Hathaway, Bank of America, Kinder Morgan, or other similar companies, investors can certainly find value in owning the shares of companies that make products that are core to people's everyday lives. The Motley Fool has positions in and recommends Apple, Bank of America, Berkshire Hathaway, and Kinder Morgan.
15212.0	2023-06-24 00:00:00 UTC	Prediction: Apple Will Win NBA Rights. Here's Why It Could Be a Game Changer	AAPL	https://www.nasdaq.com/articles/prediction%3A-apple-will-win-nba-rights.-heres-why-it-could-be-a-game-changer	nan	nan	For years, tech companies have unsuccessfully tried to make headsets the next big thing. Ever since the launch of Google Glass, the concept of augmented reality and virtual reality was to have been just around the corner, but multiple attempts, including Meta's series of Quest devices, have failed to capture the mainstream. Apple's (NASDAQ: AAPL) Vision Pro, which the tech giant launched at its Worldwide Developers Conference earlier this month, seems like the best attempt yet to convert the masses to headset computing. Unlike previous iterations such as the Meta Quest, the Vision Pro headset can be transparent, allowing users to make eye contact with those around them. It also seems better designed for augmented reality, meaning it enhances existing reality with on-screen features. However, the question that has dogged past headsets remains a challenge for Apple. How will consumers use the device, and will they be convinced that its value is worth the $3,500 price tag? Here's one possibility. Apple referred to the new device as "magical" several times in the launch presentation. The bulk of the introduction focused on applications for work and entertainment, such as FaceTime, looking at photos and videos, gaming, and video entertainment, like movies. Now that the Vision Pro has been unveiled, the next challenge for Apple is to stuff it with content and applications that will make it a must-use device. In order to do that, it will rely on developers, much in the way it has with the iPhone. It even included Walt Disney CEO Bob Iger in the launch, who promised that Disney+ would be included on the Vision Pro from day one. Apple teased the value of sports several times in its presentation, both in gaming and watching live. The tech giant has also been rumored to be preparing a bid for rights to air NBA games when they come up in 2025. Image source: Apple. Why the NBA would be a great fit for Apple Apple is among the expected bidders for NBA rights, and it's easy to see why. With its launch of Apple TV+ in 2019, the iPhone maker made it clear that it saw value in adding a streaming service to its portfolio. The company has also experimented with sports, adding free major league baseball games to its service, among other offerings. Live sports have continued to be an attractive draw to both viewers and advertisers at a time when streaming content, like TV shows and movies, has exploded. Acquiring rights to air NBA games could be the blockbuster piece of content that Apple needs to jump-start sales of the Vision Pro. The company could reimagine the sports-watching experience with its spatial computing device, potentially giving viewers the ability to see unique camera angles, get instant updates on stats and players, and even watch the game with a friend on FaceTime. The NBA would also make an attractive partner for Apple. Both are massive global brands. Apple now has an installed base of more than 2 billion devices, while the NBA has an estimated 1.5 billion-2 billion fans around the world. Basketball is the world's most popular sport after soccer, but unlike soccer, the NBA has no real competition from other basketball leagues. The NBA has become global as both its fan base and many of its top players, including stars Nikola Jokic, Joel Embiid, and Giannis Antetokounmpo, come from outside the U.S. This global reach makes the NBA a great fit for Apple, and a deal could give a boost to both the Vision Pro and Apple TV+. The iPhone maker also has more money to throw at the league than any other potential bidder with approximately $165 billion in cash and investments on its balance sheet and annual net profits that now hover around $100 billion. Apple's relationship with Disney, which owns ESPN, could also provide an outlet for it to host NBA games on the new spatial computing device if it's unable to secure its own rights to the league. Now, with the launch of the Vision Pro, Apple has an added incentive to obtain the broadcast rights. Doing so could help it sell devices, not just subscriptions. Apple doesn't need the NBA for the Vision Pro to be a success, but it's the kind of move that could help attract attention and build demand for the product. Don't be surprised if Apple makes a big play for the NBA as 2025 comes around. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jeremy Bowman has positions in Meta Platforms and Walt Disney. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple's (NASDAQ: AAPL) Vision Pro, which the tech giant launched at its Worldwide Developers Conference earlier this month, seems like the best attempt yet to convert the masses to headset computing. Unlike previous iterations such as the Meta Quest, the Vision Pro headset can be transparent, allowing users to make eye contact with those around them. The company could reimagine the sports-watching experience with its spatial computing device, potentially giving viewers the ability to see unique camera angles, get instant updates on stats and players, and even watch the game with a friend on FaceTime.	Apple's (NASDAQ: AAPL) Vision Pro, which the tech giant launched at its Worldwide Developers Conference earlier this month, seems like the best attempt yet to convert the masses to headset computing. The company could reimagine the sports-watching experience with its spatial computing device, potentially giving viewers the ability to see unique camera angles, get instant updates on stats and players, and even watch the game with a friend on FaceTime. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Walt Disney.	Apple's (NASDAQ: AAPL) Vision Pro, which the tech giant launched at its Worldwide Developers Conference earlier this month, seems like the best attempt yet to convert the masses to headset computing. Why the NBA would be a great fit for Apple Apple is among the expected bidders for NBA rights, and it's easy to see why. This global reach makes the NBA a great fit for Apple, and a deal could give a boost to both the Vision Pro and Apple TV+.	Apple's (NASDAQ: AAPL) Vision Pro, which the tech giant launched at its Worldwide Developers Conference earlier this month, seems like the best attempt yet to convert the masses to headset computing. It even included Walt Disney CEO Bob Iger in the launch, who promised that Disney+ would be included on the Vision Pro from day one. Apple teased the value of sports several times in its presentation, both in gaming and watching live.
15213.0	2023-06-24 00:00:00 UTC	Amazon raises investment in India to $26 bln by 2030	AAPL	https://www.nasdaq.com/articles/amazon-raises-investment-in-india-to-%2426-bln-by-2030	nan	nan	Adds Google's response in paragraph 7 NEW DELHI, June 23 (Reuters) - Amazon.com Inc AMZN.Osaid on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States. Though Jassy gave no breakdown, the announcement follows Amazon's cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030. Earlier, Amazon had announced a $6.5 billion investment plan, largely to boost its e-commerce business where it competes with Walmart's Flipkart and billionaire Mukesh Ambani's Reliance Retail. The new investment amount committed now comes to around an additional $6.5 billion. Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitisation, and empowering individuals and small businesses to compete globally, an Amazon blog post said. Separately, Google GOOGL.O will open a global fintech operation center in GIFT City in India's western state of Gujarat, with teams working on operations supporting its payment service GPay, and other product operations at Google, the company said in a statement to Reuters. "We shared Google is investing $10 billion in the India digitisation fund, and we are continuing to invest through that," CEO Sundar Pichai told reporters in a video shared on Twitter by Reuters partner ANI company. On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple's AAPL.O Tim Cook, Google's Pichai and Microsoft's MSFT.O Satya Nadella and appealed to global companies to "Make in India". (Reporting by Aditya Kalra and Jahnavi Nidumolu; Editing by William Mallard, Jacqueline Wong and Toby Chopra) ((Jahnavi.Nidumolu@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple's AAPL.O Tim Cook, Google's Pichai and Microsoft's MSFT.O Satya Nadella and appealed to global companies to "Make in India". Earlier, Amazon had announced a $6.5 billion investment plan, largely to boost its e-commerce business where it competes with Walmart's Flipkart and billionaire Mukesh Ambani's Reliance Retail. Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitisation, and empowering individuals and small businesses to compete globally, an Amazon blog post said.	On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple's AAPL.O Tim Cook, Google's Pichai and Microsoft's MSFT.O Satya Nadella and appealed to global companies to "Make in India". Adds Google's response in paragraph 7 NEW DELHI, June 23 (Reuters) - Amazon.com Inc AMZN.Osaid on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States. Earlier, Amazon had announced a $6.5 billion investment plan, largely to boost its e-commerce business where it competes with Walmart's Flipkart and billionaire Mukesh Ambani's Reliance Retail.	On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple's AAPL.O Tim Cook, Google's Pichai and Microsoft's MSFT.O Satya Nadella and appealed to global companies to "Make in India". Adds Google's response in paragraph 7 NEW DELHI, June 23 (Reuters) - Amazon.com Inc AMZN.Osaid on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States. Separately, Google GOOGL.O will open a global fintech operation center in GIFT City in India's western state of Gujarat, with teams working on operations supporting its payment service GPay, and other product operations at Google, the company said in a statement to Reuters.	On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple's AAPL.O Tim Cook, Google's Pichai and Microsoft's MSFT.O Satya Nadella and appealed to global companies to "Make in India". Adds Google's response in paragraph 7 NEW DELHI, June 23 (Reuters) - Amazon.com Inc AMZN.Osaid on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States. Though Jassy gave no breakdown, the announcement follows Amazon's cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.
15214.0	2023-06-23 00:00:00 UTC	Great Stocks Are Still on Sale, but There's Something You Need to Know First	AAPL	https://www.nasdaq.com/articles/great-stocks-are-still-on-sale-but-theres-something-you-need-to-know-first	nan	nan	It seems like investors have turned from pessimism to optimism, as the S&P 500 is approaching what many market watchers consider to be bull market territory, up over 20% since its recent low in October 2022. Inflation has been cooling for several months now, so the thinking is probably that rate hikes are coming to an end soon. Investors are reacting to this expectation by pushing stocks higher. As a result, folks might think that lucrative buying opportunities don't exist anymore given many companies' share prices have jumped higher in 2023. But this is a flawed assumption. That's because great stocks are still on sale right now. There's just something you need to know first. It's all about quality Just because a stock sells for a cheap valuation, it doesn't necessarily mean it's a good investment opportunity. A so-called value trap is a company that might have a cheap price-to-sales (P/S) or price-to-earnings (P/E) multiple, but the underlying business is facing some problems. Take Carvana, for example, which trades at a P/S multiple of 0.2 (as of June 16). The company might be showing signs of life after a difficult 2022, but it's still dealing with challenges as it relates to used car demand and the current macro environment affecting its financial situation. Some risk-tolerant investors might view this as a potential buying opportunity, though. Moreover, it's critical to always look for businesses that have strong financial positions. This means the ability to generate lots of free cash flow, as well as having a robust balance sheet. Carvana doesn't possess these attributes today, but a company like Apple does. In fact, the iPhone maker's debt-service coverage ratio, which measures its ability to pay off its obligations, was 5.1 during the first six months of its fiscal 2023. That's very good. But Apple's shares are historically expensive right now. A business that isn't a value trap and that sells at an attractive valuation is PayPal (NASDAQ: PYPL). The digital payments leader currently has 433 million active accounts and processed $1.36 trillion of total payment volume in 2022, up 9% year over year. And as of this writing, shares trade at a P/E ratio of 28.2, near their lowest multiple ever. This is a good example of a great stock on sale right now. Be prepared for volatility Now that we've discussed that finding high-quality businesses that have strong financial positions is of the utmost importance, investors should prepare themselves mentally for a bumpy ride. Investing in the stock market can lead to life-changing wealth over time, but volatility is something that can't be avoided. That's because investor sentiment can shift at the drop of a hat. But zooming out and looking at long stretches of time proves that the stock market historically goes up. A popular metric to gauge volatility is the Chicago Board Options Exchange Volatility Index, otherwise known as the VIX. It's often referred to as the "fear index." The VIX looks at how much variability is expected in the S&P 500 over the next 30 days. The higher the number, the more uneasy investors are about the near future. While the VIX has declined 57% over the past 12 months, and it's close to its lowest levels in the past decade, investors should understand that things can change in an instant due to unforeseen events in the economy and the world. In early 2020, unsurprisingly, the VIX skyrocketed to over 80, its highest level ever, because of the coronavirus pandemic. There was just so much uncertainty about what was going to happen next. I think investors should always keep the threat of heightened volatility in the back of their minds. Even though inflation might be coming down, there is still a lot of worry out there about the direction of the economy. And any unfavorable data could cause the VIX to spike in no time. The stocks of some great businesses might be on sale right now, to be clear. But I think investors are now more prepared to better navigate the current environment, which should hopefully lead to peace of mind and strong portfolio returns. 10 stocks we like better than PayPal When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and PayPal wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Neil Patel has positions in Carvana. The Motley Fool has positions in and recommends Apple and PayPal. The Motley Fool recommends the following options: short June 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As a result, folks might think that lucrative buying opportunities don't exist anymore given many companies' share prices have jumped higher in 2023. The company might be showing signs of life after a difficult 2022, but it's still dealing with challenges as it relates to used car demand and the current macro environment affecting its financial situation. But I think investors are now more prepared to better navigate the current environment, which should hopefully lead to peace of mind and strong portfolio returns.	It's all about quality Just because a stock sells for a cheap valuation, it doesn't necessarily mean it's a good investment opportunity. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Neil Patel has positions in Carvana.	10 stocks we like better than PayPal When our analyst team has a stock tip, it can pay to listen. * They just revealed what they believe are the ten best stocks for investors to buy right now... and PayPal wasn't one of them! See the 10 stocks *Stock Advisor returns as of June 12, 2023 Neil Patel has positions in Carvana.	But I think investors are now more prepared to better navigate the current environment, which should hopefully lead to peace of mind and strong portfolio returns. That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Neil Patel has positions in Carvana.
15215.0	2023-06-23 00:00:00 UTC	1 Winner and 1 Loser From Apple's New Headset Rollout	AAPL	https://www.nasdaq.com/articles/1-winner-and-1-loser-from-apples-new-headset-rollout	nan	nan	Apple (NASDAQ: AAPL) gave the world a peek into the future of technology at its World Wide Developer Conference (WWDC) earlier this month. As it has done in the past, Apple wowed the audience with the launch of its new Vision Pro spatial-computing headset. At a price of $3,500, the new device might give some potential customers sticker shock, but the price seems to reflect the years of research that went into the high-tech product as well as the company's preference to skim the market with new product launches. In other words, the product starts out at a high price, selling to early adopters most eager to get a hold of the product, before the company lowers the price on future launches as the technology improves and gets more affordable. Apple dominates the market for consumer tech hardware, and the company has a significant impact on the rest of the tech sector as it dictates rules within its App Store, which can make or break app-based companies. On that note, let's take a look at one winner and one loser from the launch of the Vision Pro. Image source: Apple. One winner from Vision Pro: Zoom Zoom Video Communications (NASDAQ: ZM) was a pandemic juggernaut, but the stock has crashed since its peak in 2020 as its growth has ground nearly to a halt. For example, its top line grew by just 3% in its most recent quarter to $1.1 billion. Remote work has mostly stuck around even as the pandemic has officially ended, but the market for Zoom's videoconferencing products has matured, and the company has struggled to find a way to expand. The Vision Pro, which unleashes a new platform for augmented reality and virtual reality (AR/VR), gives Zoom an opportunity to change that, and if it can be the de facto videoconferencing app for spatial-computing headsets, it should see additional growth, especially as the new computing platform will create opportunities for new products and related tools. Additionally, the Vision Pro will only make remote work more attractive as it offers better technology for collaborating with colleagues remotely, and for working without the need for multiple monitors and the other accoutrements that have become a staple of modern office work. One loser from Vision Pro: Meta Platforms The most obvious loser from Apple's Vision Pro launch is Meta Platforms (NASDAQ: META), the company that has long been focused on owning the next virtual computing platform. Meta acquired VR technology company Oculus nearly ten years ago, in part to prepare for this shift, but its previous product launches of Quest headsets have failed to resonate with the broad market, even though the Quest 3 will be priced as a mass-market product at just $500. However, Apple's presentation at WWDC underscores the advantages it has over Meta. First, consumers are already overwhelmingly familiar with Apple hardware. There are more than 2 billion Apple devices in use around the world, and the app interface on Vision Pro will be easily recognizable to anyone who's used an iPhone, iPad, or Mac. Additionally, Apple has the luxury of pairing the Vision Pro with its existing devices. For instance, you can use the Vision Pro with Airpods if you're in a shared space, and it works with native Apple apps like FaceTime. Apple also has a healthy developer ecosystem, and its headset works without the handheld haptics that the Quest relies on, removing a barrier to using the device. Even though Apple is targeting a much higher price point, the Vision Pro launch shows how Meta will be fighting an uphill battle. One advantage of the Vision Pro is that the goggles present themselves as transparent so that the user can make eye contact with another person in the room, a feature Apple calls Eyesight. The Quest, on the other hand, can't, meaning that the device is much less useful with other people in your physical space. Meta's upcoming launch of the Quest 3 will get attention, but it seems unlikely that the company will eclipse Apple in its technological prowess, which is what matters most at this point. What's next for Vision Pro Apple said the new headset will go on sale early next year, and investors should temper expectations for sales of the device as when the iPhone first launched, only 1.4 million units sold, so the Vision Pro could get off to a slow start but still gain momentum over the long term. Investors mostly shrugged off the Vision Pro launch as Apple stock was down slightly on the day of the introduction on high volume. Still, the Vision Pro gives the iPhone maker significant upside potential as it stakes its claim to the next computing platform, and the stock is likely to reflect any positive momentum in the new device. Given that, the biggest winner from the launch of the new Vision Pro headset is likely to be Apple itself. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jeremy Bowman has positions in Meta Platforms and Zoom Video Communications. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Zoom Video Communications. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) gave the world a peek into the future of technology at its World Wide Developer Conference (WWDC) earlier this month. Remote work has mostly stuck around even as the pandemic has officially ended, but the market for Zoom's videoconferencing products has matured, and the company has struggled to find a way to expand. One advantage of the Vision Pro is that the goggles present themselves as transparent so that the user can make eye contact with another person in the room, a feature Apple calls Eyesight.	Apple (NASDAQ: AAPL) gave the world a peek into the future of technology at its World Wide Developer Conference (WWDC) earlier this month. One winner from Vision Pro: Zoom Zoom Video Communications (NASDAQ: ZM) was a pandemic juggernaut, but the stock has crashed since its peak in 2020 as its growth has ground nearly to a halt. One loser from Vision Pro: Meta Platforms The most obvious loser from Apple's Vision Pro launch is Meta Platforms (NASDAQ: META), the company that has long been focused on owning the next virtual computing platform.	Apple (NASDAQ: AAPL) gave the world a peek into the future of technology at its World Wide Developer Conference (WWDC) earlier this month. One loser from Vision Pro: Meta Platforms The most obvious loser from Apple's Vision Pro launch is Meta Platforms (NASDAQ: META), the company that has long been focused on owning the next virtual computing platform. What's next for Vision Pro Apple said the new headset will go on sale early next year, and investors should temper expectations for sales of the device as when the iPhone first launched, only 1.4 million units sold, so the Vision Pro could get off to a slow start but still gain momentum over the long term.	Apple (NASDAQ: AAPL) gave the world a peek into the future of technology at its World Wide Developer Conference (WWDC) earlier this month. One loser from Vision Pro: Meta Platforms The most obvious loser from Apple's Vision Pro launch is Meta Platforms (NASDAQ: META), the company that has long been focused on owning the next virtual computing platform. There are more than 2 billion Apple devices in use around the world, and the app interface on Vision Pro will be easily recognizable to anyone who's used an iPhone, iPad, or Mac.
15216.0	2023-06-23 00:00:00 UTC	IXN: This Global Tech ETF Has Been Surging. Can It Continue?	AAPL	https://www.nasdaq.com/articles/ixn%3A-this-global-tech-etf-has-been-surging.-can-it-continue	nan	nan	With technology stocks surging this year, the iShares Global Tech ETF (NYSEARCA:IXN) is up nearly 40% year-to-date. What is this red-hot ETF's invest investment strategy, and how does it stack up to the competition? Let’s take a closer look and see if it could be a worthy addition to investor portfolios. What Does the IXN ETF Do? IXN is a $3.6 billion ETF from BlackRock’s (NYSE:BLK) iShares that invests in stocks in the S&P Global 1200 Information Technology 4.5/22.5/45 Capped Index, an index of global equities in the technology sector. Portfolio Composition IXN sports 115 positions, but investors should be aware that its top 10 holdings make up nearly two-thirds of its portfolio, so this is a fairly concentrated fund. Check out the chart below for a breakdown of IXN's top 10 holdings. Top holding Apple (NASDAQ:AAPL) makes up a whopping 21.9% of assets, while Microsoft (NASDAQ:MSFT) isn’t far behind at 19.9%. Semiconductor names Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), and Taiwan Semiconductor (NYSE:TSM) round out the top five holdings. Where the fund differs from other popular tech ETFs like the Invesco QQQ Trust (NASDAQ:QQQ) and the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is that it invests globally, not just in companies listed on U.S. exchanges like the Nasdaq (NDX), in the case of QQQ, or the S&P 500 (SPX), in the case of XLK, so it also owns international tech stocks like ASML Holding (NASDAQ:ASML) and Samsung Electronics. While 81% of the fund’s investment is in U.S. companies (as of the end of Q1), mostly thanks to the massive market caps of the U.S. tech giants, it also invests in companies from Taiwan, Japan, South Korea, the Netherlands, Germany, and beyond. By subsector within technology, IXN currently invests 38.6% of its assets in software and services, 33.7% in tech hardware and equipment, and 27.3% in semiconductors and semiconductor equipment. The rest gets allocated to "cash and/or derivatives." Is IXN Stock a Buy, According to Analysts? Turning to Wall Street, IXN has a Moderate Buy consensus rating from analysts, as 62.6% of analyst ratings are Buys, 32.3% are Holds, and 5.1% are Sells. At $63.70, the average IXN stock price target implies 5.3% upside potential. IXN's Long-Term Performance IXN has posted some really strong returns over time. As of the end of May, it has generated a three-year annualized total return of 18%. Going out to five years, it has an annualized total return of 17.2%, and over the past decade, it has an annualized total return of 18.2%. As you can see, IXN has been remarkably consistent in providing its investors with outstanding total returns for a very long time. Now, let’s see how IXN stacks up against the competition. These results make IXN one of the rare investment products that can say it "beats the market" over time. As of the end of May, the Vanguard S&P 500 ETF (NYSEARCA:VOO), a good proxy for the S&P 500 as a whole, put up annualized total returns of 12.8%, 11%, and 11.9% over the past three, five, and 10 years, respectively. But let’s also compare IXN specifically to the two other aforementioned major technology ETFs, QQQ and XLK. Over the same time horizon, as of the end of May, QQQ has posted annualized total returns of 14.8%, 16.2%, and 17.9% over the past three, five, and ten years, respectively. Using the same parameters, XLK has posted annualized total returns of 19.9%, 20%, and 19.6% over the past three, five, and 10 years respectively. So, IXN actually slightly outperforms the more well-known QQQ over various time frames over the past decade, albeit by a narrow margin at the 10-year mark, and has slightly underperformed XLK. IXN's Fees -- Are They High? As you can see, IXN is an ETF with a worldwide portfolio of tech stocks that is beating both the S&P 500 and edging out the Nasdaq over time. The only two negatives to point out are the aforementioned reliance on Apple and Microsoft and the second concern, which is its expense ratio. While a 0.4% expense ratio isn’t anything out of the ordinary in the ETF market, it is quite a bit higher than QQQ, which has an expense ratio of just 0.2%, or XLK, which charges just 0.1%. Assuming current expense ratios remain the same, and the funds all return 5% a year, an investor allocating $10,000 into IXN will have paid $505 in fees over 10 years versus $255 in fees for QQQ and just $128 for XLK. Below, you can take a look at a comparison between IXN, QQQ, and XLK using TipRanks' ETF comparison tool, which enables users to compare up to 20 ETFs at once using a customizable array of parameters. Investor Takeaway As you can see above, all three of these ETFs are up big year-to-date (around 35-40%), and all three have ETF Smart Scores of 8 out of 10, an Outperform rating. The Smart Score is TipRank’s proprietary quantitative stock scoring system. It gives stocks a score from 1 to 10 based on eight key market factors. IXN’s fees are higher than those of peers like QQQ or XLK, and the fund has quite a bit of exposure to Apple and Microsoft (which, combined, make up over 40% of assets), but with the types of returns it has provided, these may be facts that investors are willing to overlook (Note that XLK also has similar exposure to Apple and Microsoft). Keep in mind that an investor who put $10,000 into IXN 10 years ago would now have over $50,000 today, so this is clearly the type of ETF that can help investors build long-term wealth. I also like the fact that IXN offers a bit more geographic diversification than the average tech ETF, thanks to the fact that it invests globally and holds stocks like Samsung and ASML, which differentiates it from its peers. At the end of the day, it's hard to go wrong with any of these three ETFs, as they all have been great investments over the long term, and they continue to look well-positioned for the future. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Top holding Apple (NASDAQ:AAPL) makes up a whopping 21.9% of assets, while Microsoft (NASDAQ:MSFT) isn’t far behind at 19.9%. As of the end of May, the Vanguard S&P 500 ETF (NYSEARCA:VOO), a good proxy for the S&P 500 as a whole, put up annualized total returns of 12.8%, 11%, and 11.9% over the past three, five, and 10 years, respectively. IXN’s fees are higher than those of peers like QQQ or XLK, and the fund has quite a bit of exposure to Apple and Microsoft (which, combined, make up over 40% of assets), but with the types of returns it has provided, these may be facts that investors are willing to overlook (Note that XLK also has similar exposure to Apple and Microsoft).	Top holding Apple (NASDAQ:AAPL) makes up a whopping 21.9% of assets, while Microsoft (NASDAQ:MSFT) isn’t far behind at 19.9%. With technology stocks surging this year, the iShares Global Tech ETF (NYSEARCA:IXN) is up nearly 40% year-to-date. Where the fund differs from other popular tech ETFs like the Invesco QQQ Trust (NASDAQ:QQQ) and the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is that it invests globally, not just in companies listed on U.S. exchanges like the Nasdaq (NDX), in the case of QQQ, or the S&P 500 (SPX), in the case of XLK, so it also owns international tech stocks like ASML Holding (NASDAQ:ASML) and Samsung Electronics.	Top holding Apple (NASDAQ:AAPL) makes up a whopping 21.9% of assets, while Microsoft (NASDAQ:MSFT) isn’t far behind at 19.9%. Where the fund differs from other popular tech ETFs like the Invesco QQQ Trust (NASDAQ:QQQ) and the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is that it invests globally, not just in companies listed on U.S. exchanges like the Nasdaq (NDX), in the case of QQQ, or the S&P 500 (SPX), in the case of XLK, so it also owns international tech stocks like ASML Holding (NASDAQ:ASML) and Samsung Electronics. Assuming current expense ratios remain the same, and the funds all return 5% a year, an investor allocating $10,000 into IXN will have paid $505 in fees over 10 years versus $255 in fees for QQQ and just $128 for XLK.	Top holding Apple (NASDAQ:AAPL) makes up a whopping 21.9% of assets, while Microsoft (NASDAQ:MSFT) isn’t far behind at 19.9%. Where the fund differs from other popular tech ETFs like the Invesco QQQ Trust (NASDAQ:QQQ) and the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is that it invests globally, not just in companies listed on U.S. exchanges like the Nasdaq (NDX), in the case of QQQ, or the S&P 500 (SPX), in the case of XLK, so it also owns international tech stocks like ASML Holding (NASDAQ:ASML) and Samsung Electronics. Assuming current expense ratios remain the same, and the funds all return 5% a year, an investor allocating $10,000 into IXN will have paid $505 in fees over 10 years versus $255 in fees for QQQ and just $128 for XLK.
15217.0	2023-06-23 00:00:00 UTC	Forecasts show U.S. earnings decline in second quarter	AAPL	https://www.nasdaq.com/articles/forecasts-show-u.s.-earnings-decline-in-second-quarter	nan	nan	By Caroline Valetkevitch NEW YORK, June 23 (Reuters) - Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further interest rate hikes this year creates more potential risks for companies. Analysts expect earnings for S&P 500 companies to fall 5.6% in the second quarter from a year ago, according to IBES data from Refinitiv. Year-over-year earnings rose 0.1% in the first quarter, based on data Friday, much better than the forecast for a 5.1% drop at the start of the reporting season. The improvement followed upbeat results from a host of big names including Microsoft Corp MSFT.O and Apple Inc AAPL.O. Fourth-quarter 2022 earnings for S&P 500 companies declined 3.2%, so a first-quarter profit fall would have been a second straight quarterly decline, which some strategists call an earnings recession. The last one occurred when COVID-19 hit corporate results in 2020. The second-quarter season does not get rolling until the middle of July, but it is now becoming clearer the Federal Reserve likely has not reached the end of its tightening cycle. Fed Chair Jerome Powell said in remarks to lawmakers in Washington this week that the outlook for two more 25-basis-point rate increases are "a pretty good guess" of where the central bank is heading if the economy continues in its current direction. Other Fed officials have supported the view. After lifting rates by 5 percentage points since March 2022, the Fed this month took a breather to assess the effects of its actions. Higher interest rates mean higher borrowing costs for businesses and consumers, and investors have been worried that an extended tightening cycle could push the U.S. economy into recession. Other central banks, including the Bank of England this week, have hiked rates amid worries about global inflation. Some strategists are betting that U.S. earnings will hold up as long as employment does. "If you have full employment, that means the consumer, while they may shift their attitudes and pull back in certain areas, are still going to be participants in the economy," said Oliver Pursche, senior vice president and advisor for Wealthspire Advisors in Westport, Connecticut. "As long as that holds true, corporate earnings are going to generally hold up better than bears and pessimists expect," he said. "Is it going to be particularly strong? No. But that expectations are so low, I would say the surprise is more likely on the upside than the downside." Walmart Inc WMT.N in May raised its annual sales and profit targets thanks to resilient consumer spending. But other recent U.S. company outlooks suggest at least some pockets of problems. Package delivery firm FedEx FDX.N this week posted disappointing quarterly earnings and said waning global demand is pressuring its profit margins. Also, Olive Garden parent Darden Restaurants DRI.N delivered a disappointing annual profit outlook. Morgan Stanley this week said it expects margin pressures due to an inventory glut for Nike NKE.N, which is due to report quarterly results June 29. "The market has been too hopeful the Fed can tame inflation, avoid a recession, and cut interest rates," Nick Raich, CEO of The Earnings Scout, an independent research firm, wrote in a note this week. "S&P 500 EPS estimates and stock prices will need to reset lower." The S&P 500 .SPX is down about 1% this week, but remains up more than 13% for the year to date. (Reporting by Caroline Valetkevitch; Editing by Alden Bentley and Nick Zieminski) ((caroline.valetkevitch@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The improvement followed upbeat results from a host of big names including Microsoft Corp MSFT.O and Apple Inc AAPL.O. By Caroline Valetkevitch NEW YORK, June 23 (Reuters) - Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further interest rate hikes this year creates more potential risks for companies. Fed Chair Jerome Powell said in remarks to lawmakers in Washington this week that the outlook for two more 25-basis-point rate increases are "a pretty good guess" of where the central bank is heading if the economy continues in its current direction.	The improvement followed upbeat results from a host of big names including Microsoft Corp MSFT.O and Apple Inc AAPL.O. Other central banks, including the Bank of England this week, have hiked rates amid worries about global inflation. Package delivery firm FedEx FDX.N this week posted disappointing quarterly earnings and said waning global demand is pressuring its profit margins.	The improvement followed upbeat results from a host of big names including Microsoft Corp MSFT.O and Apple Inc AAPL.O. By Caroline Valetkevitch NEW YORK, June 23 (Reuters) - Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further interest rate hikes this year creates more potential risks for companies. Fourth-quarter 2022 earnings for S&P 500 companies declined 3.2%, so a first-quarter profit fall would have been a second straight quarterly decline, which some strategists call an earnings recession.	The improvement followed upbeat results from a host of big names including Microsoft Corp MSFT.O and Apple Inc AAPL.O. Analysts expect earnings for S&P 500 companies to fall 5.6% in the second quarter from a year ago, according to IBES data from Refinitiv. "As long as that holds true, corporate earnings are going to generally hold up better than bears and pessimists expect," he said.
15218.0	2023-06-23 00:00:00 UTC	Indian PM Modi meets tech CEOs as Washington visit concludes	AAPL	https://www.nasdaq.com/articles/indian-pm-modi-meets-tech-ceos-as-washington-visit-concludes	nan	nan	By Steve Holland and Simon Lewis WASHINGTON, June 23 (Reuters) - Indian Prime Minister Narendra Modi met with U.S. and Indian technology CEOs in Washington on Friday, the final day of a state visit marked by pledges of deeper U.S.-India cooperation on areas including space, artificial intelligence and quantum computing. President Joe Biden rolled out the red carpet for Modi on Thursday, declaring after about 2 -1/2 hours of talks that their countries' economic relationship was "booming." Trade has more than doubled over the past decade. Biden and Modi gathered with CEO's including Apple's AAPL.O Tim Cook, Google's GOOGL.O Sundar Pichai and Microsoft's MSFT.O Satya Nadella. Also present were Sam Altman of OpenAI, NASA astronaut Sunita Williams, and Indian tech leaders including Anand Mahindra, chairman of Mahindra Group, and Mukesh Ambani, chairman of Reliance Industries, the White House said. "Our partnership between India and the United States will go a long way, in my view, to define what the 21st century looks like," Biden told the group, adding that technological cooperation would be a big part of that partnership. Observing that there were a variety of tech companies represented at the meeting from startups to well established firms, Modi said: "Both of them are working together to create a new world." The CEOs of top American companies, including FedEx FDX.N, MasterCard MA.N and Adobe ADBE.O, are expected to be among the 1,200 participants. Modi, who touted "a new chapter" in the countries' "strategic partnership" at the White House on Thursday, is seeking to position India, the world's most populous country at 1.4 billion and its fifth-largest economy, as a manufacturing and diplomatic powerhouse. RANGE OF BUSINESS AGREEMENTS SIGNED Washington wants Delhi to be a strategic counterweight to China, and deals announced this week included several investments from U.S.-firms aimed at spurring semiconductor manufacturing in India and lowering its dependence on China for electronics. The White House also announced plans to cooperate on quantum computing, scientific research and technological innovation, alongside plans to manufacture weapons in India. Some political analysts question India's willingness to stand up to Beijing over Taiwan and other issues, however. Washington has also been frustrated by India's close ties with Russia while Moscow wages war in Ukraine. Addressing the U.S. Congress on Thursday, Modi repeated his statement that "this is not an era of war" and called for "dialogue and diplomacy" to end the conflict. Modi will continue talks with top U.S. officials during a lunch at the State Department with Vice President Kamala Harris, the first Asian American to hold the No. 2 position in the White House, and Secretary of State Antony Blinken. On Friday evening, Modi will address members of the Indian diaspora, many of whom have turned out at events during the visit to enthusiastically fete him, at times chanting "Modi! Modi! Modi!" despite protests from others. Activists have called for the Biden administration to publicly call out what they describe as a deteriorating human rights situation in India under Modi, citing allegations of abuse of Indian dissidents and minorities, especially Muslims. Biden said he had a "straightforward" discussion with Modi about issues including human rights, but U.S. officials emphasize that it is vital for Washington's national security and economic prosperity to engage with a rising India. Asked during a rare press conference on Thursday what he would do to improve the rights of minorities including Muslims, Modi insisted "there is no scope for any discrimination" in his government. (Reporting by Steve Holland and Simon Lewis; additional reporting by Trevor Hunnicutt and Doina Chiacu; Editing by Don Durfee and Grant McCool) ((simon.lewis@thomsonreuters.com; +1 (202) 680-0055;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Biden and Modi gathered with CEO's including Apple's AAPL.O Tim Cook, Google's GOOGL.O Sundar Pichai and Microsoft's MSFT.O Satya Nadella. Modi will continue talks with top U.S. officials during a lunch at the State Department with Vice President Kamala Harris, the first Asian American to hold the No. Biden said he had a "straightforward" discussion with Modi about issues including human rights, but U.S. officials emphasize that it is vital for Washington's national security and economic prosperity to engage with a rising India.	Biden and Modi gathered with CEO's including Apple's AAPL.O Tim Cook, Google's GOOGL.O Sundar Pichai and Microsoft's MSFT.O Satya Nadella. By Steve Holland and Simon Lewis WASHINGTON, June 23 (Reuters) - Indian Prime Minister Narendra Modi met with U.S. and Indian technology CEOs in Washington on Friday, the final day of a state visit marked by pledges of deeper U.S.-India cooperation on areas including space, artificial intelligence and quantum computing. Modi, who touted "a new chapter" in the countries' "strategic partnership" at the White House on Thursday, is seeking to position India, the world's most populous country at 1.4 billion and its fifth-largest economy, as a manufacturing and diplomatic powerhouse.	Biden and Modi gathered with CEO's including Apple's AAPL.O Tim Cook, Google's GOOGL.O Sundar Pichai and Microsoft's MSFT.O Satya Nadella. By Steve Holland and Simon Lewis WASHINGTON, June 23 (Reuters) - Indian Prime Minister Narendra Modi met with U.S. and Indian technology CEOs in Washington on Friday, the final day of a state visit marked by pledges of deeper U.S.-India cooperation on areas including space, artificial intelligence and quantum computing. Modi, who touted "a new chapter" in the countries' "strategic partnership" at the White House on Thursday, is seeking to position India, the world's most populous country at 1.4 billion and its fifth-largest economy, as a manufacturing and diplomatic powerhouse.	Biden and Modi gathered with CEO's including Apple's AAPL.O Tim Cook, Google's GOOGL.O Sundar Pichai and Microsoft's MSFT.O Satya Nadella. By Steve Holland and Simon Lewis WASHINGTON, June 23 (Reuters) - Indian Prime Minister Narendra Modi met with U.S. and Indian technology CEOs in Washington on Friday, the final day of a state visit marked by pledges of deeper U.S.-India cooperation on areas including space, artificial intelligence and quantum computing. Modi, who touted "a new chapter" in the countries' "strategic partnership" at the White House on Thursday, is seeking to position India, the world's most populous country at 1.4 billion and its fifth-largest economy, as a manufacturing and diplomatic powerhouse.
15219.0	2023-06-23 00:00:00 UTC	US STOCKS-Wall St falls as hawkish Fed comments sap risk appetite	AAPL	https://www.nasdaq.com/articles/us-stocks-wall-st-falls-as-hawkish-fed-comments-sap-risk-appetite	nan	nan	By Shubham Batra and Shristi Achar A June 23 (Reuters) - Wall Street's main indexes fell on Friday and were set for weekly declines as hawkish comments from Federal Reserve officials fueled worries of interest rates staying higher for longer. San Francisco Fed Bank President Mary Daly said in an interview to Reuters that two more rate hikes this year is a "very reasonable" projection, but hinted for the need for a more careful approach. Her comments followed a hawkish stance by Fed Chair Jerome Powell in his two-day testimony before the Senate Banking Committee earlier this week. Markets calmed briefly and the S&P 500 .SPX and the Nasdaq .IXIC added some gains in the previous session after Powell said the Fed will proceed with caution. But the indexes were still set to snap multiple weeks of gains, their worst weekly performance since the bank rout in March. "We're getting a little bit of a correction in the advance of the last three weeks or so. We've heard from the various Fed governors, Powell talk about higher interest rates," said Paul Nolte, senior wealth advisor and market strategist at Murphy & Sylvest. "We're still getting more inverted yield curve. So that's putting a little bit of downward pressure on equities." Money markets are still pricing in one more rate hike of 25 basis points (bps) in July, according to CME Group's FedWatch tool, as opposed to two more as suggested by Powell. Yields on the 2-year, which best reflects interest rate expectations, dropped to hover at 4.71% on Friday. US/ Meanwhile, S&P Global's Purchasing Managers' Index for both U.S. manufacturing and services activity showed business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the manufacturing sector deepened. Nine of the 11 major S&P 500 sectors were trading in the red, with consumer discretionary .SPLRCD and technology .SPLRCT leading declines. Market heavyweights, including Tesla TSLA.O, Apple AAPL.O and Microsoft MSFT.O, were down between 1% and 3.5%, pressuring the tech-heavy Nasdaq. At 9:55 a.m. ET, the Dow Jones Industrial Average .DJI was down 171.05 points, or 0.50%, at 33,775.66, the S&P 500 .SPX was down 33.00 points, or 0.75%, at 4,348.89, and the Nasdaq Composite .IXIC was down 160.32 points, or 1.18%, at 13,470.29. 3M Co MMM.N climbed 2.5% after the chemical company reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to "forever chemicals". Carmax IncKMX.N jumped 9.2% after the used-car retailer's first-quarter profit exceeded market expectations, benefiting from cost cuts. Starbucks Corp SBUX.O fell 1.8% as the coffee chain's unions said around 3,500 workers will strike next week in the U.S. after it claimed the company banned Pride month decorations at its cafes. Investors will also monitor comments from some Fed policymakers due to speak later in the day. Declining issues outnumbered advancers for a 2.46-to-1 ratio on the NYSE and for a 2.45-to-1 ratio on the Nasdaq. The S&P index recorded six new 52-week highs and four new lows, while the Nasdaq recorded seven new highs and 62 new lows. (Reporting by Shubham Batra and Shristi Achar A in Bengaluru; Editing by Arun Koyyur) ((Shubham.Batra@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Market heavyweights, including Tesla TSLA.O, Apple AAPL.O and Microsoft MSFT.O, were down between 1% and 3.5%, pressuring the tech-heavy Nasdaq. By Shubham Batra and Shristi Achar A June 23 (Reuters) - Wall Street's main indexes fell on Friday and were set for weekly declines as hawkish comments from Federal Reserve officials fueled worries of interest rates staying higher for longer. San Francisco Fed Bank President Mary Daly said in an interview to Reuters that two more rate hikes this year is a "very reasonable" projection, but hinted for the need for a more careful approach.	Market heavyweights, including Tesla TSLA.O, Apple AAPL.O and Microsoft MSFT.O, were down between 1% and 3.5%, pressuring the tech-heavy Nasdaq. By Shubham Batra and Shristi Achar A June 23 (Reuters) - Wall Street's main indexes fell on Friday and were set for weekly declines as hawkish comments from Federal Reserve officials fueled worries of interest rates staying higher for longer. Yields on the 2-year, which best reflects interest rate expectations, dropped to hover at 4.71% on Friday.	Market heavyweights, including Tesla TSLA.O, Apple AAPL.O and Microsoft MSFT.O, were down between 1% and 3.5%, pressuring the tech-heavy Nasdaq. By Shubham Batra and Shristi Achar A June 23 (Reuters) - Wall Street's main indexes fell on Friday and were set for weekly declines as hawkish comments from Federal Reserve officials fueled worries of interest rates staying higher for longer. We've heard from the various Fed governors, Powell talk about higher interest rates," said Paul Nolte, senior wealth advisor and market strategist at Murphy & Sylvest.	Market heavyweights, including Tesla TSLA.O, Apple AAPL.O and Microsoft MSFT.O, were down between 1% and 3.5%, pressuring the tech-heavy Nasdaq. By Shubham Batra and Shristi Achar A June 23 (Reuters) - Wall Street's main indexes fell on Friday and were set for weekly declines as hawkish comments from Federal Reserve officials fueled worries of interest rates staying higher for longer. "We're getting a little bit of a correction in the advance of the last three weeks or so.
15220.0	2023-06-23 00:00:00 UTC	Warren Buffett Detailed Fundamental Analysis - AAPL	AAPL	https://www.nasdaq.com/articles/warren-buffett-detailed-fundamental-analysis-aapl-2	nan	nan	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios High Momentum Stocks Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.	Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. Below is Validea's guru fundamental report for APPLE INC (AAPL).	Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. Below is Validea's guru fundamental report for APPLE INC (AAPL).	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
15221.0	2023-06-23 00:00:00 UTC	Why Invest in S&P 500 ETFs? Diving Into SPY, VOO, and IVV	AAPL	https://www.nasdaq.com/articles/why-invest-in-sp-500-etfs-diving-into-spy-voo-and-ivv	nan	nan	In today’s stock market, the three largest ETFs by assets under management are all S&P 500 (SPX) ETFs. The massive SPDR S&P 500 ETF Trust (NYSEARCA:SPY) comes in first at nearly $410 billion. The iShares Core S&P 500 ETF (NYSEARCA:IVV) comes in second with over $328 billion in assets under management, while the Vanguard S&P 500 ETF (NYSEARCA:VOO) is close behind in third place with $313 billion in AUM. Combined, these three S&P 500 giants have over $1 trillion in assets under management between them. Why are S&P 500 ETFs Appealing to Investors? Why invest in the S&P 500? While it may not sound like the most exciting or exotic investing strategy, it is an effective one. While past performance is no guarantee of future results, the S&P 500 index itself has been a pretty good performer for a really long time. Going back to 1957, when the S&P 500 as we know it was made, the index has posted an average annualized return of 10.15%. Harnessing the Power of the U.S.'s Top Companies Adding to this appeal, an investment in an S&P 500 ETF gives investors exposure to over 500 of the strongest companies in the United States. An investment in an S&P 500 ETF also gives you instant diversification across sectors and industries. SPY, the world’s largest ETF, holds 503 stocks, and its top 10 holdings account for 30.3% of the fund. Below, you can take a look at SPY’s top 10 holdings. Because the S&P 500 is the underlying index for all of these funds, differences between their portfolios are negligible. Also, because mega-cap tech stocks have come to dominate today's market as the largest stocks in the S&P 500, all three of these ETFs give investors significant exposure to these tech leaders, including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META). IVV holds 502 stocks, and its top 10 holdings also make up 30.3% of its holdings. Take a look at IVV’s top 10 holdings below. Lastly, VOO is unsurprisingly similar, with 504 holdings, and its top 10 holdings make up 30.4% of the fund. As you can see, the funds are largely the same, although there are some minor differences based on when the funds rebalance. Dividends SPY, IVV, and VOO all pay dividends, and they currently all yield roughly 1.5%. Because of the S&P 500's strong performance in 2023 (it's up about 14% year-to-date), this yield is a bit low for dividend investors to get excited about, but holders will not be complaining. Long-Term Performance of S&P 500 ETFs Unsurprisingly, because these funds all invest in the S&P 500, there is a high degree of correlation in their long-term performances. However, most importantly, all three have delivered strong long-term returns for investors. As of the end of May, SPY had a three-year annualized total return of 12.8%, a five-year annualized total return of 10.9%, and a 10-year annualized total return of 11.9%. Meanwhile, IVV provided annualized total returns of 12.9% over three years, 11% over five years, and 12% over the last 10 years. Lastly, VOO posted annualized total returns of 12.8%, 11%, and 11.9% over the same time frames, respectively, so all three funds provided investors with very similar double-digit annualized returns over the course of the past decade. Expense Ratios One area where there is some difference is when it comes to the fees they charge. IVV and VOO both have expense ratios of just 0.03%. Meanwhile, SPY comes in at 0.09%. While 0.09% is a fantastic expense ratio in the overall ETF landscape, it is quite a bit higher than that of IVV and VOO in this comparison. Investors in SPY are paying three times as much in fees as investors in IVV and VOO. See below for a comparison of SPY, IVV, and VOO based on their fees as well as other criteria using TipRanks' ETF Comparison Tool, which lets you compare up to 20 ETFs at a time based on a variety of customizable factors. Hard to Go Wrong Investing in the S&P 500 has historically delivered strong results for investors for a long time, and investing in an S&P 500 ETF allows you to add the power and future growth of 500+ of the U.S.’s top companies to your portfolio with one investment vehicle. As you can see in the comparison above, SPY, IVV, and VOO all feature identical ETF Smart Scores of 8. The Smart Score is TipRanks’ proprietary quantitative stock scoring system. It gives stocks a score from 1 to 10 based on eight market key factors. The score is data-driven and does not involve any human intervention. A Smart Score of 8 or above is equivalent to an Outperform rating. It's hard to go wrong with any of these ETFs, and picking between the three is a good problem to have. All three look like great choices for investors. Also, for investors just starting out, these ETFs are nice for instantly diversifying portfolios. With similar portfolios and long-term track records over the past decade, the key difference between these ETFs is their fees. While all have favorable expense ratios, SPY’s comes in three times higher than that of IVV and VOO, making those the best buys. SPY has the longest track record (it launched in 1993, long predating IVV and VOO, which launched in 2000 and 2010, respectively), the most assets under management, and incredible liquidity (it accounts for 20% of ETF trading volume on a daily basis), so there’s certainly nothing wrong with choosing it over its counterparts. Nonetheless, the fees will be a bit higher over time. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Also, because mega-cap tech stocks have come to dominate today's market as the largest stocks in the S&P 500, all three of these ETFs give investors significant exposure to these tech leaders, including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META). Because of the S&P 500's strong performance in 2023 (it's up about 14% year-to-date), this yield is a bit low for dividend investors to get excited about, but holders will not be complaining. While 0.09% is a fantastic expense ratio in the overall ETF landscape, it is quite a bit higher than that of IVV and VOO in this comparison.	Also, because mega-cap tech stocks have come to dominate today's market as the largest stocks in the S&P 500, all three of these ETFs give investors significant exposure to these tech leaders, including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META). Lastly, VOO posted annualized total returns of 12.8%, 11%, and 11.9% over the same time frames, respectively, so all three funds provided investors with very similar double-digit annualized returns over the course of the past decade. With similar portfolios and long-term track records over the past decade, the key difference between these ETFs is their fees.	Also, because mega-cap tech stocks have come to dominate today's market as the largest stocks in the S&P 500, all three of these ETFs give investors significant exposure to these tech leaders, including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META). See below for a comparison of SPY, IVV, and VOO based on their fees as well as other criteria using TipRanks' ETF Comparison Tool, which lets you compare up to 20 ETFs at a time based on a variety of customizable factors. Hard to Go Wrong Investing in the S&P 500 has historically delivered strong results for investors for a long time, and investing in an S&P 500 ETF allows you to add the power and future growth of 500+ of the U.S.’s top companies to your portfolio with one investment vehicle.	Also, because mega-cap tech stocks have come to dominate today's market as the largest stocks in the S&P 500, all three of these ETFs give investors significant exposure to these tech leaders, including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META). Investors in SPY are paying three times as much in fees as investors in IVV and VOO. Hard to Go Wrong Investing in the S&P 500 has historically delivered strong results for investors for a long time, and investing in an S&P 500 ETF allows you to add the power and future growth of 500+ of the U.S.’s top companies to your portfolio with one investment vehicle.
15222.0	2023-06-23 00:00:00 UTC	TD SYNNEX (SNX) to Report Q2 Earnings: What's in the Offing?	AAPL	https://www.nasdaq.com/articles/td-synnex-snx-to-report-q2-earnings%3A-whats-in-the-offing-0	nan	nan	TD SYNNEX SNX is scheduled to release second-quarter fiscal 2023 results on Jun 27. TD SYNNEX was formerly known as SYNNEX Corporation. The company changed its name after the acquisition of Tech Data Corporation in 2021. For the fiscal second quarter, TD SYNNEX expects revenues between $14 billion and $15 billion. The Zacks Consensus Estimate for quarterly revenues is pegged at $14.4 billion, indicating a 5.9% decrease from the prior-year period. Moreover, SNX projects fiscal second-quarter non-GAAP earnings between $2.25 and $2.75 per share. The consensus mark of $2.50 for quarterly earnings suggests a year-over-year decrease of approximately 8.1% from the year-ago quarter’s $2.72 per share. The company’s earnings surpassed the Zacks Consensus Estimate thrice in the trailing four quarters while missing the same on one occasion, the average surprise being 6.3%. TD SYNNEX Corp. Price and EPS Surprise TD SYNNEX Corp. price-eps-surprise \| TD SYNNEX Corp. Quote Factors at Play TD SYNNEX’s second-quarter revenues are likely to have been negatively impacted by unfavorable foreign currency exchange rates and interest rates. In its first-quarter results, the company stated that a stronger U.S. dollar against major currencies would negatively impact second-quarter revenues by approximately $200 million, while a higher interest rate would have a negative impact of $30 million on the bottom line. Additionally, enterprises are postponing large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues. This may have hurt TD SYNNEX’s overall financial performance in the second quarter. However, the increased demand for hardware and tools, which support hybrid working, is anticipated to have somewhat mitigated the negative impact of the aforementioned factors. The growing hybrid working trend has been driving the sales of peripherals, software, communication, networking and consumer electronic products. The increased usage of online and e-commerce services, along with the hybrid working trend, has been stoking the demand for cloud storage. Therefore, data center operators are enhancing their capacities to accommodate the demand spike for cloud services. This is likely to have aided SNX’s data center servers and storage solution businesses in the fiscal second quarter. What Our Model Says Our proven model does not conclusively predict an earnings beat for TD SYNNEX this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here. SNX currently carries a Zacks Rank #4 (Sell) and has an Earnings ESP of -3.01%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Stocks With the Favorable Combination Per our model, Intel INTC, Apple AAPL and Five9 FIVN have the right combination of elements to post an earnings beat in their upcoming releases. Intel is expected to report second-quarter 2023 results on Jul 27. The company has a Zacks Rank #3 and an Earnings ESP of +47.37% at present. Intel’s earnings beat the Zacks Consensus Estimate twice in the trailing four quarters while missing the same on two occasions, the average surprise being 10.1%. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for INTC’s second-quarter earnings is pegged at 4 cents per share, suggesting a decline of 113.8% from the year-ago quarter’s earnings of 29 cents. Intel’s quarterly revenues are estimated to decrease 21.6% year over year to $12.01 billion. Apple carries a Zacks Rank #3 and has an Earnings ESP of +3.39%. The company is anticipated to report third-quarter fiscal 2023 results on Jul 27. Its earnings beat the Zacks Consensus Estimate thrice in the preceding four quarters while missing the same on one occasion, the average surprise being 2.7%. The Zacks Consensus Estimate for Apple’s third-quarter earnings stands at $1.18 per share, implying a year-over-year decrease of 1.7%. It is estimated to report revenues of $81.2 billion, which suggests a decline of approximately 2.2% from the year-ago quarter. Five9 carries a Zacks Rank #3 and has an Earnings ESP of +1.28%. The company is expected to report second-quarter 2023 results on Jul 27. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 49.9%. The Zacks Consensus Estimate for FIVN’s second-quarter earnings is pegged at 39 cents per share, indicating a year-over-year increase of 14.7%. The consensus mark for revenues stands at $214.1 million, suggesting a year-over-year rise of 13.1%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report TD SYNNEX Corp. (SNX) : Free Stock Analysis Report Five9, Inc. (FIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Stocks With the Favorable Combination Per our model, Intel INTC, Apple AAPL and Five9 FIVN have the right combination of elements to post an earnings beat in their upcoming releases. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report TD SYNNEX Corp. (SNX) : Free Stock Analysis Report Five9, Inc. (FIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Additionally, enterprises are postponing large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues.	Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report TD SYNNEX Corp. (SNX) : Free Stock Analysis Report Five9, Inc. (FIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks With the Favorable Combination Per our model, Intel INTC, Apple AAPL and Five9 FIVN have the right combination of elements to post an earnings beat in their upcoming releases. The Zacks Consensus Estimate for INTC’s second-quarter earnings is pegged at 4 cents per share, suggesting a decline of 113.8% from the year-ago quarter’s earnings of 29 cents.	Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report TD SYNNEX Corp. (SNX) : Free Stock Analysis Report Five9, Inc. (FIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks With the Favorable Combination Per our model, Intel INTC, Apple AAPL and Five9 FIVN have the right combination of elements to post an earnings beat in their upcoming releases. TD SYNNEX Corp. Price and EPS Surprise TD SYNNEX Corp. price-eps-surprise \| TD SYNNEX Corp. Quote Factors at Play TD SYNNEX’s second-quarter revenues are likely to have been negatively impacted by unfavorable foreign currency exchange rates and interest rates.	Stocks With the Favorable Combination Per our model, Intel INTC, Apple AAPL and Five9 FIVN have the right combination of elements to post an earnings beat in their upcoming releases. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report TD SYNNEX Corp. (SNX) : Free Stock Analysis Report Five9, Inc. (FIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. For the fiscal second quarter, TD SYNNEX expects revenues between $14 billion and $15 billion.
15223.0	2023-06-23 00:00:00 UTC	Warren Buffett Has Made $54 Billion So Far This Year With These 3 Stocks	AAPL	https://www.nasdaq.com/articles/warren-buffett-has-made-%2454-billion-so-far-this-year-with-these-3-stocks	nan	nan	Warren Buffett wrote to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholders earlier this year. In his letter, he said, "Over time, it takes just a few winners to work wonders." He was right. As it turns out, it doesn't always take much time for a few winners to work wonders. Buffett has made $54 billion so far this year for Berkshire Hathaway with only three stocks. 1. Apple It isn't surprising in the least that Apple (NASDAQ: AAPL) ranks as Buffett's biggest moneymaker of 2023. After all, it's by far the largest position in Berkshire's portfolio. At the end of 2022, Berkshire owned more than 895.1 million Apple shares. The stock has skyrocketed over 40% year to date. That increase generated roughly $48.4 billion in gains. Apple also paid dividends twice in 2023 thus far. This netted Berkshire an additional $420 million or so. As the infomercials say, "But wait! There's more!" Buffett increased Berkshire's stake in Apple during the first quarter by nearly 2.3%. We don't know exactly when the purchases were made. However, since Apple stock has risen quite a bit since the end of Q1, those additional shares appreciated by over $389 million. They also brought in nearly $5 million in extra income from Apple's dividend paid on May 12, 2023. Adding all of those numbers up translates to Apple making Berkshire a little over $49.2 billion so far in 2023. The actual total could be even higher, depending on when the Q1 shares were added. 2. American Express Buffett has been a longtime fan of American Express (NYSE: AXP). And for good reason. The stock continues to make him a lot of money. Berkshire owned around 151.6 million shares of American Express at the end of 2022. The stock is up by close to 14% year to date. That's enough to rake in over $3 billion in gains. American Express also paid two dividends, one in January and another in April. Those dividends added nearly $170 million in additional income for Berkshire this year. 3. Moody's Moody's (NYSE: MCO) is Berkshire's eighth-largest holding. However, it's the third-biggest winner for Buffett so far in 2023. The financial services stock has jumped over 20% year to date. Berkshire owned nearly 24.7 million shares of Moody's at the end of 2022. The value of those shares has increased by nearly $1.5 billion thanks to the solid gains. In addition, Moody's paid dividends in February and May. Those payments generated another $38 million or so in income for Berkshire. Winners and losers Apple, American Express, and Moody's together made Buffett close to $54 billion so far this year. He has also had plenty of other big winners, including the five Japanese stocks purchased a couple of years ago. However, Buffett has had his fair share of losers as well. Four of Berkshire's biggest holdings -- Bank of America, Coca-Cola, Chevron, and Occidental -- have seen their shares fall in 2023. He's probably not concerned in the least, though. Buffett focuses on the long term. All of these stocks could work wonders given enough time. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Bank of America is an advertising partner of The Ascent, a Motley Fool company. American Express is an advertising partner of The Ascent, a Motley Fool company. Keith Speights has positions in Apple, Bank of America, and Berkshire Hathaway. The Motley Fool has positions in and recommends Apple, Bank of America, Berkshire Hathaway, and Moody's. The Motley Fool recommends Chevron and recommends the following options: long January 2024 $47.50 calls on Coca-Cola. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple It isn't surprising in the least that Apple (NASDAQ: AAPL) ranks as Buffett's biggest moneymaker of 2023. Winners and losers Apple, American Express, and Moody's together made Buffett close to $54 billion so far this year. Four of Berkshire's biggest holdings -- Bank of America, Coca-Cola, Chevron, and Occidental -- have seen their shares fall in 2023.	Apple It isn't surprising in the least that Apple (NASDAQ: AAPL) ranks as Buffett's biggest moneymaker of 2023. Winners and losers Apple, American Express, and Moody's together made Buffett close to $54 billion so far this year. Four of Berkshire's biggest holdings -- Bank of America, Coca-Cola, Chevron, and Occidental -- have seen their shares fall in 2023.	Apple It isn't surprising in the least that Apple (NASDAQ: AAPL) ranks as Buffett's biggest moneymaker of 2023. Buffett has made $54 billion so far this year for Berkshire Hathaway with only three stocks. Winners and losers Apple, American Express, and Moody's together made Buffett close to $54 billion so far this year.	Apple It isn't surprising in the least that Apple (NASDAQ: AAPL) ranks as Buffett's biggest moneymaker of 2023. Buffett has made $54 billion so far this year for Berkshire Hathaway with only three stocks. Winners and losers Apple, American Express, and Moody's together made Buffett close to $54 billion so far this year.
15224.0	2023-06-23 00:00:00 UTC	Better Growth Stock: Apple vs. Microsoft	AAPL	https://www.nasdaq.com/articles/better-growth-stock%3A-apple-vs.-microsoft-0	nan	nan	Investors have been on a roller coaster the last few years, with the COVID-19 pandemic sending many tech stocks skyrocketing. Then, countless companies watched their stocks take a deeper dive amid last year's economic downturn. In 2023, the market has been in recovery mode, with Wall Street once again optimistic about the prospects of several industries. However, recent volatility makes now a smart time to consider investing in growth stocks that are likely to rise over the long term and fortify your holdings in the event of temporary headwinds. As the world's two most valuable companies by market cap, Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are attractive options. These companies are home to potent businesses that have won over consumers and have histories of consistent stock growth. However, if you only have room to add one to your portfolio, it's wise to find out which company is currently the better buy. So, let's examine whether Apple or Microsoft is the better growth stock. Apple Apple has long had a reputation as a reliable growth stock, with its annual revenue and operating income up 48% and 68% in the last five years. In the same period, its stock has climbed nearly 300% as investors have seen the company as a haven amid macroeconomic declines. The tech giant's stability is largely owed to the success of its smartphone business, with the iPhone achieving a majority market share in the U.S. last year by surpassing Alphabet's Android. The achievement strengthens Apple's outlook, as the iPhone is its best tool for attracting consumers to its other products and services. Essentially, the more iPhone users there are, the more sales in the company's other segments. Apple has attained leading market shares in several of its other product categories, like tablets, smartwatches, and headphones, almost entirely thanks to the dominance of the iPhone. The connectivity between all its products promotes ease of use and makes consumers less likely to seek competing options. As a result, Apple's recent venture into the $31 billion virtual/augmented reality market with a new headset is promising for its long-term future. The company's brand loyalty from consumers could see it climb to the top of the high-growth market, adding another lucrative revenue stream to its business. Microsoft Like Apple, Microsoft has built a rapport with its user base, which has grown to depend on its products. Programs like its Office productivity suite and Windows operating system have become the industry standard in their respective markets. Meanwhile, other brands like Xbox, Azure, and LinkedIn diversified Microsoft's business and granted it substantial market shares in other high-profit sectors. As a result, the company's revenue has risen 80% more than the last five years, with operating income increasing 138%. Moreover, Microsoft has been featured in countless headlines this year because of its expanding position in artificial intelligence (AI). In 2019, the company became the biggest backer of OpenAI, the start-up behind ChatGPT. The collaboration allowed Microsoft to take the lead in the burgeoning market, using OpenAI's technology to enhance several of its platforms. Meanwhile, competitors like Amazon and Alphabet have been left playing catch-up. Microsoft's shares have increased by 235% in the last five years. As its business continues to expand and its position in AI develops, the company has the potential to continue on its current growth trajectory. Is Apple or Microsoft the better buy? Apple and Microsoft are both reliable long-term investments and solid growth stocks. These companies are pillars of the tech community, with their dominance spanning multiple markets. As a result, determining which is the better buy largely depends on which is currently trading at a better value. Data by YCharts This chart compares Apple's and Microsoft's forward price-to-earnings and price-to-free cash flow ratios, which are helpful metrics to determine the value of a stock. In both cases, Apple's lower figures indicate its stock offers more value than Microsoft. Consequently, Apple is currently the better growth stock. However, it's still wise to keep Microsoft on your radar for the next time you're looking to expand your portfolio. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, and Microsoft. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As the world's two most valuable companies by market cap, Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are attractive options. However, recent volatility makes now a smart time to consider investing in growth stocks that are likely to rise over the long term and fortify your holdings in the event of temporary headwinds. The tech giant's stability is largely owed to the success of its smartphone business, with the iPhone achieving a majority market share in the U.S. last year by surpassing Alphabet's Android.	As the world's two most valuable companies by market cap, Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are attractive options. Apple Apple has long had a reputation as a reliable growth stock, with its annual revenue and operating income up 48% and 68% in the last five years. Apple and Microsoft are both reliable long-term investments and solid growth stocks.	As the world's two most valuable companies by market cap, Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are attractive options. So, let's examine whether Apple or Microsoft is the better growth stock. Apple Apple has long had a reputation as a reliable growth stock, with its annual revenue and operating income up 48% and 68% in the last five years.	As the world's two most valuable companies by market cap, Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are attractive options. Is Apple or Microsoft the better buy? Consequently, Apple is currently the better growth stock.
15225.0	2023-06-23 00:00:00 UTC	If You Invested $10,000 in Berkshire Hathaway in 1997, This Is How Much You Would Have Today	AAPL	https://www.nasdaq.com/articles/if-you-invested-%2410000-in-berkshire-hathaway-in-1997-this-is-how-much-you-would-have-today	nan	nan	The recent excitement about artificial intelligence and its world-changing potential reminds me of the internet's earliest days almost 30 years ago. Go back to the late 1990s when investor euphoria over the internet caused a technology stock bubble. While it eventually popped, many of today's largest companies, such as Amazon, rose from those ashes and created mind-blowing investment returns over the years, eventually carrying the S&P 500 index to new heights. Ironically, Warren Buffett, who has traditionally avoided technology during his years of leading Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), has outperformed the S&P 500 over these past several decades. Had you invested $10,000 in Berkshire in 1997, you would have $117,000 today, compared to $84,000 with the S&P 500 -- including dividends, which Berkshire doesn't pay. Can Buffett and Berkshire keep delivering market-beating returns? The answer is more straightforward than you might guess... BRK.B data by YCharts Buffett's strategy is still effective Berkshire's success boils down to some simple observations. Sure, the company buys and sells stocks quarterly, but the meat of Berkshire rarely changes. For its portfolio, Buffett keeps 70% of Berkshire's portfolio in four stocks -- Apple, Bank of America, American Express, and Coca-Cola. He bought stock in these high-quality businesses opportunistically. For example, Berkshire began buying Apple in 2016 when the stock traded at a price-to-earnings ratio (P/E) of around 10 to 12. He backed Bank of America during the debt ceiling crisis in 2011. Buffett bought American Express in 1964 when the company was embroiled in a scandal. These contrarian investments paid off, and Buffett has held instead of booking profits and moving on. Additionally, Berkshire's nonpublic businesses include a combination of insurance, railroads, and energy infrastructure, companies with primarily physical competitive advantages that aren't as susceptible to disruption from innovation and technology. The underlying theme is that Buffett identifies durable businesses, invests opportunistically, and holds his winners. As long as Berkshire sticks with this philosophy, shareholders appear in good hands for the future. The war chest keeps growing larger Berkshire doesn't pay a dividend, instead retaining all of the profits Berkshire owns. The result is a massive balance sheet that steadily grows over time as profits and investment income stack up. Today, Berkshire's $130 billion cash pile is one of Wall Street's most significant financial war chests. Buffett is deliberate in holding a lot of cash because it gives Berkshire a lot of flexibility to be opportunistic. Some of those funds have been used for share repurchases in recent years, increasing the value of every Berkshire share. BRK.B Cash and Short Term Investments (Quarterly) data by YCharts Increasing interest rates have made it easier to generate investment income, as Berkshire can hold treasury bonds yielding 3% to 5% while Buffett and the team plot Berkshire's next big move. Investors can own Berkshire confidently due to the balance sheet that gives it both opportunity and safety during hard times. Berkshire is a great business; is the price fair? Since Berkshire has so many different parts within it, looking at the company's book value can show you how much value the business is creating over time. You can see below that its book value, the collective value of Berkshire's tangible assets (like stocks and real estate) minus its liabilities has steadily grown over time. Buffett's reputation and Berkshire's market-beating results have created a demand for the stock, which means it rarely goes on sale. Shares typically trade at a 20% to 50% premium to book value, shown as the price-to-book value (P/B) below. BRK.B Book Value (Quarterly) data by YCharts The stock has risen to near the upper end of its typical valuation range, which could mean it is a little expensive today. Investors with long time horizons can dollar-cost average, buying slowly over time, or one could wait for a pullback. Either way, Berkshire Hathaway is a proven compounder that should be on any long-term investor's watch list. There's no reason Berkshire can't keep its market-beating ways going. 10 stocks we like better than Berkshire Hathaway When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Berkshire Hathaway wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Bank of America is an advertising partner of The Ascent, a Motley Fool company. American Express is an advertising partner of The Ascent, a Motley Fool company. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com, Apple, Bank of America, and Berkshire Hathaway. The Motley Fool recommends the following options: long January 2024 $47.50 calls on Coca-Cola. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The answer is more straightforward than you might guess... BRK.B data by YCharts Buffett's strategy is still effective Berkshire's success boils down to some simple observations. Additionally, Berkshire's nonpublic businesses include a combination of insurance, railroads, and energy infrastructure, companies with primarily physical competitive advantages that aren't as susceptible to disruption from innovation and technology. BRK.B Book Value (Quarterly) data by YCharts The stock has risen to near the upper end of its typical valuation range, which could mean it is a little expensive today.	For its portfolio, Buffett keeps 70% of Berkshire's portfolio in four stocks -- Apple, Bank of America, American Express, and Coca-Cola. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Bank of America is an advertising partner of The Ascent, a Motley Fool company. The Motley Fool has positions in and recommends Amazon.com, Apple, Bank of America, and Berkshire Hathaway.	Had you invested $10,000 in Berkshire in 1997, you would have $117,000 today, compared to $84,000 with the S&P 500 -- including dividends, which Berkshire doesn't pay. For its portfolio, Buffett keeps 70% of Berkshire's portfolio in four stocks -- Apple, Bank of America, American Express, and Coca-Cola. BRK.B Cash and Short Term Investments (Quarterly) data by YCharts Increasing interest rates have made it easier to generate investment income, as Berkshire can hold treasury bonds yielding 3% to 5% while Buffett and the team plot Berkshire's next big move.	Since Berkshire has so many different parts within it, looking at the company's book value can show you how much value the business is creating over time. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Berkshire Hathaway wasn't one of them! The Motley Fool has positions in and recommends Amazon.com, Apple, Bank of America, and Berkshire Hathaway.
15226.0	2023-06-23 00:00:00 UTC	Apple Is Nearly 50% of Warren Buffett's Portfolio -- but He's Spent Almost Twice as Much Buying Another Stock	AAPL	https://www.nasdaq.com/articles/apple-is-nearly-50-of-warren-buffetts-portfolio-but-hes-spent-almost-twice-as-much-buying	nan	nan	Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is an anomaly as an investor -- but in a good way. Since becoming CEO in 1965, he's vastly outpaced the benchmark S&P 500. On an annualized return basis, including dividends, Berkshire Hathaway's Class A shares (BRK.A) have doubled up the S&P 500 (19.8% vs. 9.9%) during Buffett's tenure. While there's no shortage of money managers who can string together a couple of years of phenomenal returns, the Oracle of Omaha has been doing it for nearly six decades. It's why more than 30,000 people flock to Omaha, Nebraska each year to hear him and his right-hand man Charlie Munger speak at Berkshire's annual shareholder meeting. It's also why so many new and tenured investors mirror the buying and selling activity of Buffett. Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool. One thing Berkshire Hathaway's $354 billion investment portfolio makes very clear is that Warren Buffett loves to concentrate his company's invested capital in a small number of top ideas. While it would appear that no company is garnering more attention from Buffett and his investing team at the moment than Apple (NASDAQ: AAPL), looks can be deceiving. Apple is "a better business than any we own" As of the closing bell on June 16, 2023, the 915,560,382 shares of Apple stock held by Berkshire Hathaway equates to a market value of $169.3 billion. This works out to 47.8% of the invested assets of Berkshire's investment portfolio and is nearly 40 percentage points higher than the second-largest holding by portfolio weighting, Bank of America (8.5%). The Oracle of Omaha and his team are up big on their Apple stake. Based on estimates from Form 13F aggregator WhaleWisdom.com, the more than 915 million Apple shares owned by Berkshire Hathaway have a cost basis of $39.62. In other words, Buffett and his investing lieutenants (Ted Weschler and Todd Combs) have turned an approximate $36.3 billion investment into $169.3 billion, not including dividends paid, over seven years. Not too shabby! Buffett hasn't been shy about his feelings for Apple. During Berkshire's annual meeting, he referred to the tech giant as "a better business than any we own." That's a powerful statement considering Berkshire holds stakes in around four dozen securities and has acquired roughly five dozen companies over the years. There look to be four factors that have endeared Buffett to Apple. The first is its customer base and brand. It's pretty consistently viewed as the world's most valuable brand in surveys, and its customers are exceptionally loyal. This second point, which builds on the first, is that Apple has a rock-solid management team led by CEO Tim Cook. Under Cook's leadership, Apple has maintained its dominance in U.S. smartphone market share and continues to evolve into a services provider. Buffett rarely, if ever, invests in businesses with questionable management teams. Innovation is the third factor likely driving Buffett's interest in Apple. While the Oracle of Omaha probably couldn't tell you how an iPhone works, he can see via Apple's earnings reports how its evolution into services can lift its operating margin long term and lessen the revenue volatility that occasionally accompanies iPhone replacement cycles. Lastly, Apple has one of the best capital-return programs. While its yield of 0.5% is nothing to write home about, its nominal-dollar payout of better than $15 billion annually is one of the largest on the planet. Furthermore, the company has repurchased $586 billion worth of its common stock over the past 10 years. Warren Buffett absolutely loves when Berkshire's stake in a company grows via share buybacks without having to lift a finger. Image source: Getty Images. The Oracle of Omaha has spent over $70 billion buying another stock While it's plainly evident that Warren Buffett and his investing crew made a prescient decision putting Berkshire's money to work in Apple, you might be surprised to learn that the estimated $36.3 billion invested in Apple doesn't even come close to matching the amount of money Buffett and Co. put to work in another highly loved stock. Some of you might be scratching your head and wondering how such huge purchases could slip through the proverbial cracks given that Berkshire Hathaway is required to disclose what it buys, sells, and holds via a quarterly 13F filing. The answer can be found by taking a closer look at Berkshire Hathaway's quarterly operating results and its ongoing share-repurchase program. While all of Berkshire Hathaway's stock purchases are being shown in the company's 13Fs, share buybacks of Berkshire Hathaway stock won't show up in 13Fs. Instead, they're listed toward the end of the company's quarterly filings. Since July 17, 2018 -- i.e., the date Berkshire's board altered the criteria governing buybacks to allow Buffett and Executive Vice Chairman Charlie Munger more liberty to repurchase Berkshire stock -- Buffett and Munger have OK'd the repurchase of more than $70 billion in Berkshire Hathaway shares. That's nearly double the amount spent in less than five years on buybacks than was put to work buying shares of Apple over a seven-year span. Buying back such an exorbitant amount of Berkshire Hathaway stock holds three purposes. First, it's continually increasing the stakes of existing shareholders. Much in the same way that Berkshire's stake in Apple keeps growing with the company, reducing its outstanding share count, Berkshire's buybacks are making its long-term shareholders successively bigger owners of the company. Second, share buybacks have a way of increasing earnings per share (EPS) for businesses with steady or growing net income. Putting aside the potentially wild swings tied to Berkshire Hathaway's unrealized gains and losses on its investments, the company's core operating segments have steadily grown their operating profits over time. In other words, this $70 billion-plus in buybacks is helping to lift Berkshire's EPS and is making it even more attractive to fundamentally focused investors. And third, this veritable mountain of buybacks may signal Warren Buffett's unwavering optimism in his company and the long-term vision he, Charlie Munger, and his investing lieutenants have built. Most of the companies Buffett and his team have acquired or invested in are cyclical, and will therefore ebb and flow with the U.S. economy. Since periods of expansion last considerably longer than economic downturns, patience should allow Berkshire's owned and invested assets to handily outperform over long periods. 10 stocks we like better than Berkshire Hathaway When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Berkshire Hathaway wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Bank of America is an advertising partner of The Ascent, a Motley Fool company. Sean Williams has positions in Bank of America. The Motley Fool has positions in and recommends Apple, Bank of America, and Berkshire Hathaway. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	While it would appear that no company is garnering more attention from Buffett and his investing team at the moment than Apple (NASDAQ: AAPL), looks can be deceiving. The Oracle of Omaha has spent over $70 billion buying another stock While it's plainly evident that Warren Buffett and his investing crew made a prescient decision putting Berkshire's money to work in Apple, you might be surprised to learn that the estimated $36.3 billion invested in Apple doesn't even come close to matching the amount of money Buffett and Co. put to work in another highly loved stock. Some of you might be scratching your head and wondering how such huge purchases could slip through the proverbial cracks given that Berkshire Hathaway is required to disclose what it buys, sells, and holds via a quarterly 13F filing.	While it would appear that no company is garnering more attention from Buffett and his investing team at the moment than Apple (NASDAQ: AAPL), looks can be deceiving. Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is an anomaly as an investor -- but in a good way. On an annualized return basis, including dividends, Berkshire Hathaway's Class A shares (BRK.A) have doubled up the S&P 500 (19.8% vs. 9.9%) during Buffett's tenure.	While it would appear that no company is garnering more attention from Buffett and his investing team at the moment than Apple (NASDAQ: AAPL), looks can be deceiving. The Oracle of Omaha has spent over $70 billion buying another stock While it's plainly evident that Warren Buffett and his investing crew made a prescient decision putting Berkshire's money to work in Apple, you might be surprised to learn that the estimated $36.3 billion invested in Apple doesn't even come close to matching the amount of money Buffett and Co. put to work in another highly loved stock. While all of Berkshire Hathaway's stock purchases are being shown in the company's 13Fs, share buybacks of Berkshire Hathaway stock won't show up in 13Fs.	While it would appear that no company is garnering more attention from Buffett and his investing team at the moment than Apple (NASDAQ: AAPL), looks can be deceiving. The Oracle of Omaha and his team are up big on their Apple stake. The Oracle of Omaha has spent over $70 billion buying another stock While it's plainly evident that Warren Buffett and his investing crew made a prescient decision putting Berkshire's money to work in Apple, you might be surprised to learn that the estimated $36.3 billion invested in Apple doesn't even come close to matching the amount of money Buffett and Co. put to work in another highly loved stock.
15227.0	2023-06-22 00:00:00 UTC	After Hours Most Active for Jun 22, 2023 : BTE, PLTR, ABR, AAPL, STKL, AMZN, KDP, IGIB, IQ, KO, SU, T	AAPL	https://www.nasdaq.com/articles/after-hours-most-active-for-jun-22-2023-%3A-bte-pltr-abr-aapl-stkl-amzn-kdp-igib-iq-ko-su-t	nan	nan	The NASDAQ 100 After Hours Indicator is up 11.63 to 15,053.95. The total After hours volume is currently 81,431,725 shares traded. The following are the most active stocks for the after hours session: Baytex Energy Corp (BTE) is unchanged at $3.02, with 19,760,377 shares traded., following a 52-week high recorded in today's regular session. Palantir Technologies Inc. (PLTR) is -0.09 at $13.96, with 16,613,117 shares traded. PLTR's current last sale is 174.5% of the target price of $8. Arbor Realty Trust (ABR) is -0.02 at $14.06, with 8,556,060 shares traded. As reported by Zacks, the current mean recommendation for ABR is in the "buy range". Apple Inc. (AAPL) is +0.11 at $187.11, with 3,168,168 shares traded., following a 52-week high recorded in today's regular session. SunOpta, Inc. (STKL) is +0.1 at $6.95, with 2,583,726 shares traded. As reported in the last short interest update the days to cover for STKL is 7.427717; this calculation is based on the average trading volume of the stock. Amazon.com, Inc. (AMZN) is +0.24 at $130.39, with 2,345,481 shares traded. As reported by Zacks, the current mean recommendation for AMZN is in the "buy range". Keurig Dr Pepper Inc. (KDP) is unchanged at $31.92, with 2,158,387 shares traded. KDP's current last sale is 81.85% of the target price of $39. iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is +0.0074 at $50.39, with 1,646,206 shares traded. This represents a 7.64% increase from its 52 Week Low. iQIYI, Inc. (IQ) is +0.04 at $5.17, with 1,552,708 shares traded. As reported by Zacks, the current mean recommendation for IQ is in the "buy range". Coca-Cola Company (The) (KO) is -0.05 at $61.80, with 1,549,093 shares traded. As reported by Zacks, the current mean recommendation for KO is in the "buy range". Suncor Energy Inc. (SU) is unchanged at $28.81, with 1,319,952 shares traded. SU's current last sale is 73.87% of the target price of $39. AT&T Inc. (T) is unchanged at $15.58, with 1,268,446 shares traded. As reported by Zacks, the current mean recommendation for T is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple Inc. (AAPL) is +0.11 at $187.11, with 3,168,168 shares traded., following a 52-week high recorded in today's regular session. Baytex Energy Corp (BTE) is unchanged at $3.02, with 19,760,377 shares traded., following a 52-week high recorded in today's regular session. As reported in the last short interest update the days to cover for STKL is 7.427717; this calculation is based on the average trading volume of the stock.	Apple Inc. (AAPL) is +0.11 at $187.11, with 3,168,168 shares traded., following a 52-week high recorded in today's regular session. The total After hours volume is currently 81,431,725 shares traded. Baytex Energy Corp (BTE) is unchanged at $3.02, with 19,760,377 shares traded., following a 52-week high recorded in today's regular session.	Apple Inc. (AAPL) is +0.11 at $187.11, with 3,168,168 shares traded., following a 52-week high recorded in today's regular session. The total After hours volume is currently 81,431,725 shares traded. Amazon.com, Inc. (AMZN) is +0.24 at $130.39, with 2,345,481 shares traded.	Apple Inc. (AAPL) is +0.11 at $187.11, with 3,168,168 shares traded., following a 52-week high recorded in today's regular session. The following are the most active stocks for the after hours session: As reported by Zacks, the current mean recommendation for ABR is in the "buy range".
15228.0	2023-06-22 00:00:00 UTC	US STOCKS-Wall Street ends higher as Powell wraps up testimony	AAPL	https://www.nasdaq.com/articles/us-stocks-wall-street-ends-higher-as-powell-wraps-up-testimony-0	nan	nan	By Stephen Culp June 22 (Reuters) - The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle, but provided reassurance that the Fed would proceed with caution. The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O Apple Inc AAPL.O, and Microsoft Corp MSFT.O, while the S&P 500's advance was more modest. Industrials .SPLRCI and financials .SPSY held the blue-chip Dow essentially flat. "Investors are playing tug of war, as if they're pulling petals from a daisy saying 'bull market, not a bull market,'" said Sam Stovall, chief investment strategist of CFRA Research in New York. "We don’t have much to trade on, second-quarter earnings don’t start in a couple weeks yet." Powell, appearing before the Senate Banking Committee for his semi-annual monetary policy testimony reiterated his view that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session. "The market believes the Fed will raise rates one more time, not two more times as implied by the post FOMC meeting summary," Stovall added. "In addition, yesterday and today’s, Powell reiterated that they will be data dependent and Wall Street expects inflation to cool faster, and unemployment will start to creep higher which is what the Fed has intended with its rate increases." Investors were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool. On the economic front, jobless claims held steady at a 20-month high and the Conference Board's Leading Economic index posted its 14th consecutive monthly decline, suggesting that the Fed's efforts to dampen the economy are beginning to have their intended effect. The Dow Jones Industrial Average .DJIfell 4.81 points, or 0.01%, to 33,946.71, the S&P 500 .SPXgained 16.2 points, or 0.37%, to 4,381.89 and the Nasdaq Composite .IXICadded 128.41 points, or 0.95%, to 13,630.61. Of the 11 major sectors of the S&P 500, five ended the session higher, with consumer discretionary .SPLRCD enjoying the largest percentage advance. Real estate .SPLRCR and energy .SPNY posted the biggest declines. Spirit AeroSystems SPR.N tumbled 9.4% after the aircraft parts supplier announced it would suspend production at its plant in Wichita, Kansas, after workers announced a strike from June 24. Boeing BA.N shares dropped 3.1%. U.S.-listed shares of Accenture ACN.N fell 1.9% after the IT consulting firm forecast weaker-than-expected fourth-quarter revenue. Olive Garden parent Darden Restaurants DRI.N issued a disappointing annual profit outlook due to ballooning commodities prices. Its shares slid 2.6%. Declining issues outnumbered advancing ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.62-to-1 ratio favored decliners. The S&P 500 posted 16 new 52-week highs and 5 new lows; the Nasdaq Composite recorded 55 new highs and 118 new lows. Volume on U.S. exchanges was 9.60 billion shares, compared with the 11.37 billion average for the full session over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Shubham Batra, Shristi Achar A and Medha Singh in Bengaluru; Editing by Aurora Ellis) ((stephen.culp@thomsonreuters.com; 646-223-6076;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O Apple Inc AAPL.O, and Microsoft Corp MSFT.O, while the S&P 500's advance was more modest. By Stephen Culp June 22 (Reuters) - The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle, but provided reassurance that the Fed would proceed with caution. Powell, appearing before the Senate Banking Committee for his semi-annual monetary policy testimony reiterated his view that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O Apple Inc AAPL.O, and Microsoft Corp MSFT.O, while the S&P 500's advance was more modest. Investors were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O Apple Inc AAPL.O, and Microsoft Corp MSFT.O, while the S&P 500's advance was more modest. By Stephen Culp June 22 (Reuters) - The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle, but provided reassurance that the Fed would proceed with caution. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O Apple Inc AAPL.O, and Microsoft Corp MSFT.O, while the S&P 500's advance was more modest. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool. The Dow Jones Industrial Average .DJIfell 4.81 points, or 0.01%, to 33,946.71, the S&P 500 .SPXgained 16.2 points, or 0.37%, to 4,381.89 and the Nasdaq Composite .IXICadded 128.41 points, or 0.95%, to 13,630.61.
15229.0	2023-06-22 00:00:00 UTC	US STOCKS-Wall Street ends higher as Powell wraps up testimony	AAPL	https://www.nasdaq.com/articles/us-stocks-wall-street-ends-higher-as-powell-wraps-up-testimony	nan	nan	By Stephen Culp June 22 (Reuters) - The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell, in his second day of congressional testimony continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle. The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O and Apple Inc AAPL.O, while the S&P 500's advance was more tentative. Industrials .SPLRCI and financials .SPSY dragged the blue-chip Dow to a lower close. "Investors are playing tug of war, as if they're pulling petals from a daisy saying 'bull market, not a bull market,'" said Sam Stovall, chief investment strategist of CFRA Research in New York. "We don’t have much to trade on, second-quarter earnings don’t start in a couple weeks yet." Powell, appearing before the Senate Banking Committee for his semi-annual monetary policy testimony reiterated his view that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session. "The market believes the Fed will raise rates one more time, not two more times as implied by the post FOMC meeting summary," Stovall added. "In addition, yesterday and today’s, Powell reiterated that they will be data dependent and Wall Street expects inflation to cool faster, and unemployment will start to creep higher which is what the Fed has intended with its rate increases." Investors were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool. On the economic front, jobless claims held steady at a 20-month high and the Conference Board's Leading Economic index posted its 14th consecutive monthly decline, suggesting that the Fed's efforts to dampen the economy are beginning to have their intended effect. According to preliminary data, the S&P 500 .SPX gained 16.15 points, or 0.37%, to end at 4,381.84 points, while the Nasdaq Composite .IXIC gained 128.41 points, or 0.95%, to 13,630.61. The Dow Jones Industrial Average .DJI fell 3.16 points, or 0.01%, to 33,948.36. Spirit AeroSystems SPR.N tumbled after the aircraft parts supplier announced it would suspend production at its plant in Wichita, Kansas, after workers announced a strike from June 24. Boeing BA.N shares dropped as well. U.S.-listed shares of Accenture ACN.N fell after the IT consulting firm forecast weaker-than-expected fourth-quarter revenue. Darden Restaurants DRI.N slid in the wake the Olive Garden parent's disappointing annual profit attributed to ballooning commodities prices. (Reporting by Stephen Culp; Additional reporting by Shubham Batra, Shristi Achar A and Medha Singh in Bengaluru; Editing by Aurora Ellis) ((stephen.culp@thomsonreuters.com; 646-223-6076;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O and Apple Inc AAPL.O, while the S&P 500's advance was more tentative. By Stephen Culp June 22 (Reuters) - The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell, in his second day of congressional testimony continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle. Powell, appearing before the Senate Banking Committee for his semi-annual monetary policy testimony reiterated his view that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O and Apple Inc AAPL.O, while the S&P 500's advance was more tentative. Investors were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O and Apple Inc AAPL.O, while the S&P 500's advance was more tentative. Investors were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool.	The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon.com AMZN.O and Apple Inc AAPL.O, while the S&P 500's advance was more tentative. "The market believes the Fed will raise rates one more time, not two more times as implied by the post FOMC meeting summary," Stovall added. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool.
15230.0	2023-06-22 00:00:00 UTC	US STOCKS-Nasdaq, S&P 500 gain as Powell wraps up testimony	AAPL	https://www.nasdaq.com/articles/us-stocks-nasdaq-sp-500-gain-as-powell-wraps-up-testimony	nan	nan	By Stephen Culp June 22 (Reuters) - Wall Street was mixed on Thursday as U.S. Federal Reserve Chairman Jerome Powell, in his second day of congressional testimony continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle. Industrials .SPLRCI and financials .SPSY pulled the blue-chip Dow slightly lower. "We're having a little bit of a respite from what the market did last week, and it's reflecting Powell's comments about the likelihood that we need further rate hikes and the market's trying to digest that," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. Powell, appearing before the Senate Banking Committee for his semi-annual monetary policy testimony reiterated his view that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session. "The market is trying to figure out whether we’re past the hump with respect to the rapid acceleration," Carlson added. "There’s a lot of moving parts here as to why the Fed didn’t do something this time but say they’re going to do something later." Markets were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool. On the economic front, jobless claims held steady at a 20-month high and the Conference Board's Leading Economic index posted its 14th consecutive monthly decline, suggesting that the Fed's efforts to dampen the economy are beginning to have their intended effect. At 2:04PM ET, the Dow Jones Industrial Average .DJI fell 19.11 points, or 0.06%, to 33,932.41, the S&P 500 .SPX gained 8.4 points, or 0.19%, to 4,374.09 and the Nasdaq Composite .IXIC added 93.11 points, or 0.69%, to 13,595.31. Of the 11 major sectors of the S&P 500, consumer discretionary .SPLRCD was enjoying the largest percentage advance, while real estate .SPLRCR was down the most. Spirit AeroSystems SPR.N tumbled 8.7% after the aircraft parts supplier announced it would suspend production at its plant in Wichita, Kansas, after workers announced a strike from June 24. Boeing BA.N shares dropped 2.3%. U.S.-listed shares of Accenture ACN.N fell 3.0% after the IT consulting firm forecast weaker-than-expected fourth-quarter revenue. Darden Restaurants DRI.N slid 3.1% after the Olive Garden parent issued a disappointing annual profit outlook as the Olive Garden parent contends with ballooning commodities prices. Declining issues outnumbered advancing ones on the NYSE by a 2.31-to-1 ratio; on Nasdaq, a 1.59-to-1 ratio favored decliners. The S&P 500 posted 14 new 52-week highs and 5 new lows; the Nasdaq Composite recorded 46 new highs and 96 new lows. (Reporting by Stephen Culp; Additional reporting by Shubham Batra, Shristi Achar A and Medha Singh in Bengaluru; Editing by Aurora Ellis) ((stephen.culp@thomsonreuters.com; 646-223-6076;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	By Stephen Culp June 22 (Reuters) - Wall Street was mixed on Thursday as U.S. Federal Reserve Chairman Jerome Powell, in his second day of congressional testimony continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle. Powell, appearing before the Senate Banking Committee for his semi-annual monetary policy testimony reiterated his view that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session. Markets were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind.	Markets were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool. At 2:04PM ET, the Dow Jones Industrial Average .DJI fell 19.11 points, or 0.06%, to 33,932.41, the S&P 500 .SPX gained 8.4 points, or 0.19%, to 4,374.09 and the Nasdaq Composite .IXIC added 93.11 points, or 0.69%, to 13,595.31.	Markets were taken by surprise when the Bank of England implemented a larger-than-expected 50 basis point rate hike to tackle Britain's stubborn inflation, further evidence that hot price growth remains a global economic headwind. At last glance, financial markets have priced in a 77% probability of another 25 basis point rate hike at the conclusion of the Fed's July meeting, according to CME's FedWatch tool. At 2:04PM ET, the Dow Jones Industrial Average .DJI fell 19.11 points, or 0.06%, to 33,932.41, the S&P 500 .SPX gained 8.4 points, or 0.19%, to 4,374.09 and the Nasdaq Composite .IXIC added 93.11 points, or 0.69%, to 13,595.31.	By Stephen Culp June 22 (Reuters) - Wall Street was mixed on Thursday as U.S. Federal Reserve Chairman Jerome Powell, in his second day of congressional testimony continued to beat a hawkish drum and suggested the central bank has not reached the end of its tightening cycle. "We're having a little bit of a respite from what the market did last week, and it's reflecting Powell's comments about the likelihood that we need further rate hikes and the market's trying to digest that," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. At 2:04PM ET, the Dow Jones Industrial Average .DJI fell 19.11 points, or 0.06%, to 33,932.41, the S&P 500 .SPX gained 8.4 points, or 0.19%, to 4,374.09 and the Nasdaq Composite .IXIC added 93.11 points, or 0.69%, to 13,595.31.
15231.0	2023-06-22 00:00:00 UTC	Warren Buffett's charitable giving tops $51 billion	AAPL	https://www.nasdaq.com/articles/warren-buffetts-charitable-giving-tops-%2451-billion-0	nan	nan	By Jonathan Stempel June 22 (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway BRKa.N stock to five charities, boosting his total giving since 2006 to more than $51 billion. The annual donation made on Wednesday is the 92-year-old Buffett's largest, and consisted of about 13.7 million of Berkshire's Class B shares. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall. He is also donating 1.05 million shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 2.2 million shares split evenly among charities led by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. Buffett is gradually giving away nearly all of the fortune he built at Omaha, Nebraska-based Berkshire, which he has run since 1965. He and Bill Gates pioneered the Giving Pledge, in which more than 240 people like Michael Bloomberg, Larry Ellison, Carl Icahn, Elon Musk and Mark Zuckerberg committed at least half of their wealth to philanthropy. Buffett has already donated more than half of his Berkshire stock. He still owned more than $112.5 billion, or 15.1%, of Berkshire shares following Wednesday's donations. The number of shares Buffett donates falls by 5% each year, but this year's dollar amount set a record because Berkshire's stock price has been rising. "Nothing extraordinary has occurred at Berkshire: a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth," Buffett said in a statement. "American tailwind" was coined by Buffett in 2019 to describe the United States' ability to build wealth over the long term, even through times of war and financial crisis. Buffett built Berkshire into an approximately $740 billion company through businesses such as BNSF railroad and Geico car insurance, and stock holdings in companies such as Apple Inc AAPL.O. The Susan Thompson Buffett Foundation works in reproductive health. The Howard G. Buffett Foundation focuses on alleviating hunger, mitigating conflicts and improving public safety. The Sherwood Foundation supports nonprofits in Nebraska, and the NoVo Foundation has initiatives focused on girls and women. (Reporting by Jonathan Stempel in New York; Editing by Leslie Adler) ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Buffett built Berkshire into an approximately $740 billion company through businesses such as BNSF railroad and Geico car insurance, and stock holdings in companies such as Apple Inc AAPL.O. He and Bill Gates pioneered the Giving Pledge, in which more than 240 people like Michael Bloomberg, Larry Ellison, Carl Icahn, Elon Musk and Mark Zuckerberg committed at least half of their wealth to philanthropy. "Nothing extraordinary has occurred at Berkshire: a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth," Buffett said in a statement.	Buffett built Berkshire into an approximately $740 billion company through businesses such as BNSF railroad and Geico car insurance, and stock holdings in companies such as Apple Inc AAPL.O. By Jonathan Stempel June 22 (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway BRKa.N stock to five charities, boosting his total giving since 2006 to more than $51 billion. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall.	Buffett built Berkshire into an approximately $740 billion company through businesses such as BNSF railroad and Geico car insurance, and stock holdings in companies such as Apple Inc AAPL.O. By Jonathan Stempel June 22 (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway BRKa.N stock to five charities, boosting his total giving since 2006 to more than $51 billion. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall.	Buffett built Berkshire into an approximately $740 billion company through businesses such as BNSF railroad and Geico car insurance, and stock holdings in companies such as Apple Inc AAPL.O. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall. He is also donating 1.05 million shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 2.2 million shares split evenly among charities led by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation.
15232.0	2023-06-22 00:00:00 UTC	5 Hot Sector ETFs & Stocks to Play for Summer Season	AAPL	https://www.nasdaq.com/articles/5-hot-sector-etfs-stocks-to-play-for-summer-season	nan	nan	As the temperature rises and the daylight stretches, so too does the potential for savvy investors to capitalize on the change in season. Certain sectors are set to heat up as we head into the U.S. summer season. Below, we explore the top sectors investors should consider for a sunny summer portfolio. Travel & Leisure With the ebbing pandemic and easing travel restrictions, the Travel & Leisure industry is poised for a strong recovery this summer. Airlines, hotels, cruise lines, and travel booking sites are set to benefit from a surge in pent-up demand for travel. As more and more people feel comfortable venturing out, this sector could see significant growth. Defiance Hotel Airline and Cruise ETF CRUZ has gained decently past month. Hotelier Marriott International MAR is a good pick, as far as the stock-picking is concerned. Retail Summer is a time for spending, and nowhere is this more apparent than in the Retail sector. Clothing retailers, in particular, tend to thrive as consumers update their wardrobes for the new season. Additionally, home improvement stores often see a boost from summer DIY projects. With the added factor of economic recovery, this summer could be particularly robust for retail. While SPDR S&P Retail ETF XRT is rich with apparel stocks, iShares U.S. Consumer Focused ETF IEDI is heavy home-improvement stocks. As far as stocks are concerned, Investors can bet on Urban Outfitters URBN and Home Depot HD are lucrative bets. Food & Beverage Picnics, barbecues, and beach trips – summer is full of occasions that call for food and drink. This can translate to an uptick in sales for Food & Beverage companies, especially those in the beer and soft drink industries. Also, keep an eye on companies that cater to healthier options, as the warmer weather often inspires a focus on fitness and well-being. AdvisorShares Restaurant ETF EATZ and the fast-food behemoth McDonald's MCD can be played here. Energy Air conditioners, fans, and refrigerators all work overtime in the summer, leading to an increase in energy consumption. Therefore, utility companies, especially those in the electricity sector, often experience a seasonal surge in demand during the hotter months. Investing in this sector could be a smart move to capitalize on this predictable pattern. NextEra Energy NEE is a public utility holding company engaged in the generation, transmission, distribution, and sale of electric energy. The stock has about 20% exposure to Virtus Reaves Utilities ETF UTES. Technology Lastly, the Technology sector is always a good bet, irrespective of the season. However, summer often sees an uptick in sales of gadgets and devices, as consumers look to enhance their summer experiences. Think wearable tech for fitness or high-quality cameras for capturing summer memories. What can be a better option than Apple AAPL when it comes to tech gadgets. Vanguard Information Technology ETF VGT invests about more than 20% of its shares in Apple. (Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.) Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Marriott International, Inc. (MAR) : Free Stock Analysis Report McDonald's Corporation (MCD) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports Virtus Reaves Utilities ETF (UTES): ETF Research Reports iShares U.S. Consumer Focused ETF (IEDI): ETF Research Reports AdvisorShares Restaurant ETF (EATZ): ETF Research Reports Defiance Hotel, Airline, and Cruise ETF (CRUZ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	What can be a better option than Apple AAPL when it comes to tech gadgets. Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Marriott International, Inc. (MAR) : Free Stock Analysis Report McDonald's Corporation (MCD) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports Virtus Reaves Utilities ETF (UTES): ETF Research Reports iShares U.S. Consumer Focused ETF (IEDI): ETF Research Reports AdvisorShares Restaurant ETF (EATZ): ETF Research Reports Defiance Hotel, Airline, and Cruise ETF (CRUZ): ETF Research Reports To read this article on Zacks.com click here. As the temperature rises and the daylight stretches, so too does the potential for savvy investors to capitalize on the change in season.	Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Marriott International, Inc. (MAR) : Free Stock Analysis Report McDonald's Corporation (MCD) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports Virtus Reaves Utilities ETF (UTES): ETF Research Reports iShares U.S. Consumer Focused ETF (IEDI): ETF Research Reports AdvisorShares Restaurant ETF (EATZ): ETF Research Reports Defiance Hotel, Airline, and Cruise ETF (CRUZ): ETF Research Reports To read this article on Zacks.com click here. What can be a better option than Apple AAPL when it comes to tech gadgets. As far as stocks are concerned, Investors can bet on Urban Outfitters URBN and Home Depot HD are lucrative bets.	Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Marriott International, Inc. (MAR) : Free Stock Analysis Report McDonald's Corporation (MCD) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports Virtus Reaves Utilities ETF (UTES): ETF Research Reports iShares U.S. Consumer Focused ETF (IEDI): ETF Research Reports AdvisorShares Restaurant ETF (EATZ): ETF Research Reports Defiance Hotel, Airline, and Cruise ETF (CRUZ): ETF Research Reports To read this article on Zacks.com click here. What can be a better option than Apple AAPL when it comes to tech gadgets. While SPDR S&P Retail ETF XRT is rich with apparel stocks, iShares U.S. Consumer Focused ETF IEDI is heavy home-improvement stocks.	What can be a better option than Apple AAPL when it comes to tech gadgets. Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Marriott International, Inc. (MAR) : Free Stock Analysis Report McDonald's Corporation (MCD) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports Virtus Reaves Utilities ETF (UTES): ETF Research Reports iShares U.S. Consumer Focused ETF (IEDI): ETF Research Reports AdvisorShares Restaurant ETF (EATZ): ETF Research Reports Defiance Hotel, Airline, and Cruise ETF (CRUZ): ETF Research Reports To read this article on Zacks.com click here. Technology Lastly, the Technology sector is always a good bet, irrespective of the season.
15233.0	2023-06-22 00:00:00 UTC	US STOCKS-S&P 500, Dow pause as Powell defends inflation fight	AAPL	https://www.nasdaq.com/articles/us-stocks-sp-500-dow-pause-as-powell-defends-inflation-fight	nan	nan	By Shubham Batra and Shristi Achar A June 22 (Reuters) - The S&P 500 and the Dow were subdued in choppy trading on Thursday as Federal Reserve Chair Jerome Powell stuck to his hawkish stance on the second day of his testimony before the Senate committee, while gains in growth stocks kept losses in check. Powell defended the likely need for further interest rate increases despite the possible impact on jobs on the second day of hearings before the committee. Meanwhile, Fed Governor Michelle Bowman said "additional policy rate increases" will be needed to control inflation she feels has essentially flatlined at a high level since late last year. Financial markets, however, are still pricing in a 25-basis-point rate increase in July and no further hikes after that, according to CME FedWatch tool. "There's a level of uncertainty and that's why you're seeing kind of indirection in the market," said Thomas Hayes, chairman at Great Hill Capital LLC. "People are saying 'listen, some of these names have run a lot and let's now digest this and see where the Fed is going and what happens with inflation numbers'." The benchmark S&P 500 .SPX moved between marginal losses and gains in the session after three straight days of losses as worries about further rate hikes were overshadowed by rebounding shares of magacap growth stocks. Tesla TSLA.O pared early losses following Morgan Stanley's downgrade to "equal weight" to rise 1.0%. Six of the 11 major S&P sectors declined with real estate .SPLRCRand energy .SPNY leading losses, while consumer discretionary .SPLRCD led gains. Meanwhile, there were early signs of a softening labor market as a report showed that number of people filing for state unemployment benefits for the first time held steady at a 20-month high last week. Spirit AeroSystems SPR.N tanked 8.6% and planemaker Boeing BA.N slipped 2.2% as the parts supplier said it will suspend production at its plant in Wichita, Kansas, after workers announced a strike from June 24. U.S.-listed shares of AccentureACN.N fell 3.1% after the IT consulting firm forecast fourth-quarter revenue below market expectations. Darden RestaurantsDRI.N slid 2.0% after the Olive Garden parent forecast its annual outlook below estimates. Declining issues outnumbered advancers for a 2.56-to-1 ratio on the NYSE and for a 1.64-to-1 ratio on the Nasdaq. The S&P index recorded 12 new 52-week highs and five new lows, while the Nasdaq recorded 39 new highs and 89 new lows. (Reporting by Shubham Batra, Shristi Achar A and Medha Singh in Bengaluru; Editing by Arun Koyyur and Maju Samuel) ((Shubham.Batra@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	By Shubham Batra and Shristi Achar A June 22 (Reuters) - The S&P 500 and the Dow were subdued in choppy trading on Thursday as Federal Reserve Chair Jerome Powell stuck to his hawkish stance on the second day of his testimony before the Senate committee, while gains in growth stocks kept losses in check. Meanwhile, Fed Governor Michelle Bowman said "additional policy rate increases" will be needed to control inflation she feels has essentially flatlined at a high level since late last year. Meanwhile, there were early signs of a softening labor market as a report showed that number of people filing for state unemployment benefits for the first time held steady at a 20-month high last week.	By Shubham Batra and Shristi Achar A June 22 (Reuters) - The S&P 500 and the Dow were subdued in choppy trading on Thursday as Federal Reserve Chair Jerome Powell stuck to his hawkish stance on the second day of his testimony before the Senate committee, while gains in growth stocks kept losses in check. The S&P index recorded 12 new 52-week highs and five new lows, while the Nasdaq recorded 39 new highs and 89 new lows. (Reporting by Shubham Batra, Shristi Achar A and Medha Singh in Bengaluru; Editing by Arun Koyyur and Maju Samuel) ((Shubham.Batra@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	By Shubham Batra and Shristi Achar A June 22 (Reuters) - The S&P 500 and the Dow were subdued in choppy trading on Thursday as Federal Reserve Chair Jerome Powell stuck to his hawkish stance on the second day of his testimony before the Senate committee, while gains in growth stocks kept losses in check. Meanwhile, Fed Governor Michelle Bowman said "additional policy rate increases" will be needed to control inflation she feels has essentially flatlined at a high level since late last year. The benchmark S&P 500 .SPX moved between marginal losses and gains in the session after three straight days of losses as worries about further rate hikes were overshadowed by rebounding shares of magacap growth stocks.	By Shubham Batra and Shristi Achar A June 22 (Reuters) - The S&P 500 and the Dow were subdued in choppy trading on Thursday as Federal Reserve Chair Jerome Powell stuck to his hawkish stance on the second day of his testimony before the Senate committee, while gains in growth stocks kept losses in check. Financial markets, however, are still pricing in a 25-basis-point rate increase in July and no further hikes after that, according to CME FedWatch tool. "People are saying 'listen, some of these names have run a lot and let's now digest this and see where the Fed is going and what happens with inflation numbers'."
15234.0	2023-06-22 00:00:00 UTC	Is Apple Really the Best AI Stock?	AAPL	https://www.nasdaq.com/articles/is-apple-really-the-best-ai-stock	nan	nan	Artificial intelligence hype is off the charts, but who will win in this market in the long term? The simple answer may be Apple (NASDAQ: AAPL), if it can pull AI models onto devices and make them accessible to developers. In this video, Travis Hoium discusses how to think about Apple and AI. Stock prices used were end-of-day prices of June 16, 2023. The video was published on June 19, 2023. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Travis Hoium has positions in Apple. The Motley Fool has positions in and recommends Apple and Nvidia. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The simple answer may be Apple (NASDAQ: AAPL), if it can pull AI models onto devices and make them accessible to developers. Artificial intelligence hype is off the charts, but who will win in this market in the long term? After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.	The simple answer may be Apple (NASDAQ: AAPL), if it can pull AI models onto devices and make them accessible to developers. In this video, Travis Hoium discusses how to think about Apple and AI. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.	The simple answer may be Apple (NASDAQ: AAPL), if it can pull AI models onto devices and make them accessible to developers. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.	The simple answer may be Apple (NASDAQ: AAPL), if it can pull AI models onto devices and make them accessible to developers. In this video, Travis Hoium discusses how to think about Apple and AI. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Travis Hoium has positions in Apple.
15235.0	2023-06-22 00:00:00 UTC	Warren Buffett's charitable giving tops $51 billion	AAPL	https://www.nasdaq.com/articles/warren-buffetts-charitable-giving-tops-%2451-billion	nan	nan	By Jonathan Stempel June 22 (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway BRKa.N stock to five charities, boosting his total giving since 2006 to more than $51 billion. The annual donation made on Wednesday is the 92-year-old Buffett's largest, and consisted of about 13.7 million of Berkshire's Class B shares. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall. He is also donating 1.05 million shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 2.2 million shares split evenly among charities led by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. Buffett is gradually giving away nearly all of the fortune he built at Omaha, Nebraska-based Berkshire, which he has run since 1965. He and Bill Gates also pioneered the Giving Pledge, in which more than 240 people like Michael Bloomberg, Larry Ellison, Carl Icahn, Elon Musk and Mark Zuckerberg committed at least half of their wealth to philanthropy. Buffett has already donated more than half of his Berkshire stock. He still owned more than $112.5 billion, or about 15%, of Berkshire shares following Wednesday's donations. "Nothing extraordinary has occurred at Berkshire: a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth," Buffett said in a statement. "American tailwind" was coined by Buffett in 2019 to describe the United States' ability to build wealth over the long term, even through times of war and financial crisis. Buffett built Berkshire into an approximately $740 billion company through businesses such as the BNSF railroad and Geico car insurance, and stocks such as Apple Inc AAPL.O. The Susan Thompson Buffett Foundation works in reproductive health. The Howard G. Buffett Foundation focuses on alleviating hunger, mitigating conflicts and improving public safety. The Sherwood Foundation supports nonprofits in Nebraska, and the NoVo Foundation has initiatives focused on girls and women. (Reporting by Jonathan Stempel in New York) ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Buffett built Berkshire into an approximately $740 billion company through businesses such as the BNSF railroad and Geico car insurance, and stocks such as Apple Inc AAPL.O. He and Bill Gates also pioneered the Giving Pledge, in which more than 240 people like Michael Bloomberg, Larry Ellison, Carl Icahn, Elon Musk and Mark Zuckerberg committed at least half of their wealth to philanthropy. "Nothing extraordinary has occurred at Berkshire: a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth," Buffett said in a statement.	Buffett built Berkshire into an approximately $740 billion company through businesses such as the BNSF railroad and Geico car insurance, and stocks such as Apple Inc AAPL.O. By Jonathan Stempel June 22 (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway BRKa.N stock to five charities, boosting his total giving since 2006 to more than $51 billion. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall.	Buffett built Berkshire into an approximately $740 billion company through businesses such as the BNSF railroad and Geico car insurance, and stocks such as Apple Inc AAPL.O. By Jonathan Stempel June 22 (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway BRKa.N stock to five charities, boosting his total giving since 2006 to more than $51 billion. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall.	Buffett built Berkshire into an approximately $740 billion company through businesses such as the BNSF railroad and Geico car insurance, and stocks such as Apple Inc AAPL.O. Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall. He is also donating 1.05 million shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 2.2 million shares split evenly among charities led by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation.
15236.0	2023-06-22 00:00:00 UTC	Invest Like a Billionaire: 3 Long-Term Stocks Warren Buffett Loves	AAPL	https://www.nasdaq.com/articles/invest-like-a-billionaire%3A-3-long-term-stocks-warren-buffett-loves	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Warren Buffett, one of the greatest investors of all time, has amassed a substantial fortune. He’s gained most of his fame through long-term investments as CEO of Berkshire Hathaway (NYSE:BRK-B). His successful investment philosophy focuses on long-term stakes in excellent businesses. This has led many investors to wonder about Warren Buffett’s favorite stocks As Berkshire Hathaway’s CEO and chairman, Buffett’s personal net worth surpasses $100 billion, ranking him among the world’s wealthiest. His stock portfolio draws considerable attention, with investors of all levels viewing his trades as influential. Many see Buffett’s buying or selling decisions as well-grounded and significant. If you’re looking for Buffett-style stocks, consider these three enticing options. Apple (AAPL) Source: askarim / Shutterstock Apple (NASDAQ:AAPL), the largest publicly traded company globally, boasts a market cap of $2.8 trillion. Its success stems from an innovative product lineup, including Mac computers and iPhones. The recent Worldwide Developers Conference (WWDC) showcased the company’s focus on machine learning advancements. This positions Apple to potentially hit a $3 trillion market cap soon. Apple’s product portfolio is diverse, featuring popular items like the iPhone, Macbook, Apple Watch, and augmented reality headsets. While the success of the new AR headset remains uncertain, strong sales and brand loyalty keep pushing Apple’s stock price to record highs. The company’s success lies in its popular products and services, which dominate markets like smartphones, tablets, and smartwatches. Despite higher prices, Apple’s user-friendly design and quality have catapulted it to the top in these categories. As Apple’s market capitalization nears $3 trillion, its commitment to regular product updates and extensive stock buybacks bolsters its ongoing success and investor appeal. Chevron (CVX) Source: Sundry Photography / Shutterstock.com Buffett’s optimistic view on the oil industry is evident through his investments in companies like Chevron (NYSE:CVX). Chevron’s strong performance in the first quarter, with a profit of $6.7 billion, surpassed expectations and exceeded last year’s earnings. The company also demonstrated its commitment to shareholders by distributing $2.9 billion in dividends and repurchasing $3.75 billion worth of shares, resulting in a generous 31% payout ratio. As part of its $75 billion grand strategy, Chevron plans to continue its buyback program with a $4.375 billion repurchase in the second quarter. These factors combine to help make the business one of Warren Buffett’s favorite stocks. The oil industry’s previous strong performance has weakened as crude oil prices dropped from a peak of $122 to around $72 a barrel. This decline has impacted oil companies, including Chevron, whose stock has decreased by 10% this year. Adjusting to the lower crude prices, Chevron and other oil giants are managing their shareholders’ expectations. Warren Buffett, a respected investor, has also reduced his stake in Chevron by 20% after actively buying shares in the company last year. Chevron stands out among dividend-paying energy stocks in the oil industry due to its consistent commitment to rewarding shareholders. With 36 consecutive years of dividend increases, the company has demonstrated its dedication. If Chevron maintains its dividend of $1.51 per share in the remaining quarters of 2023, it will have achieved a compound annual growth rate of approximately 4.5% since 2013. Coca Cola (KO) Source: Jonathan Weiss / Shutterstock Coca-Cola’s (NYSE:KO) stock is currently oversold, presenting a potential buying opportunity. Despite challenges in soda consumption, the company has diversified its product portfolio with water, tea, juice, and sports drinks. With a history of 61 years of dividend payouts, Coca-Cola remains a favorite stock of Warren Buffett. As people return to the drudgery of the nine-to-five grind, they’ll need a pick-me-up. For that, it’s difficult to beat the value proposition underlining Coca-Cola. Thus, KO appears a solid case for safe stocks for recession. Indeed, if a downturn materializes, people will likely be desperate to keep their jobs. And that means showing up to the office every day if necessary. As the work routine resumes, Coca-Cola is poised to benefit as a go-to choice for an energy boost. It is considered a safe stock option during a recession, as people strive to maintain their jobs and productivity. While its financials may not be exceptional, Coca-Cola’s profitability stands out with a net margin surpassing most competitors. Its high-quality enterprise is reflected in an impressive return on equity (ROE) of 41%. Analysts view Coca-Cola favorably, with a strong consensus buy rating and an average price target indicating a potential 15% upside. On the date of publication, Chris MacDonald has a position in BRK-B, AAPL, KO. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post Invest Like a Billionaire: 3 Long-Term Stocks Warren Buffett Loves appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (AAPL) Source: askarim / Shutterstock Apple (NASDAQ:AAPL), the largest publicly traded company globally, boasts a market cap of $2.8 trillion. On the date of publication, Chris MacDonald has a position in BRK-B, AAPL, KO. While the success of the new AR headset remains uncertain, strong sales and brand loyalty keep pushing Apple’s stock price to record highs.	Apple (AAPL) Source: askarim / Shutterstock Apple (NASDAQ:AAPL), the largest publicly traded company globally, boasts a market cap of $2.8 trillion. On the date of publication, Chris MacDonald has a position in BRK-B, AAPL, KO. This has led many investors to wonder about Warren Buffett’s favorite stocks As Berkshire Hathaway’s CEO and chairman, Buffett’s personal net worth surpasses $100 billion, ranking him among the world’s wealthiest.	Apple (AAPL) Source: askarim / Shutterstock Apple (NASDAQ:AAPL), the largest publicly traded company globally, boasts a market cap of $2.8 trillion. On the date of publication, Chris MacDonald has a position in BRK-B, AAPL, KO. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Warren Buffett, one of the greatest investors of all time, has amassed a substantial fortune.	Apple (AAPL) Source: askarim / Shutterstock Apple (NASDAQ:AAPL), the largest publicly traded company globally, boasts a market cap of $2.8 trillion. On the date of publication, Chris MacDonald has a position in BRK-B, AAPL, KO. Chevron’s strong performance in the first quarter, with a profit of $6.7 billion, surpassed expectations and exceeded last year’s earnings.
15237.0	2023-06-22 00:00:00 UTC	Guru Fundamental Report for AAPL	AAPL	https://www.nasdaq.com/articles/guru-fundamental-report-for-aapl-6	nan	nan	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor model seeks low volatility stocks that also have strong momentum and high net payout yields. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. MARKET CAP: PASS STANDARD DEVIATION: PASS TWELVE MINUS ONE MOMENTUM: NEUTRAL NET PAYOUT YIELD: NEUTRAL FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Pim van Vliet Pim van Vliet Portfolio About Pim van Vliet: In investing, you typically need to take more risk to get more return. There is one major exception to this in the factor investing world, though. Low volatility stocks have been proven to outperform their high volatility counterparts, and do so with less risk. Pim van Vliet is the head of Conservative Equities at Robeco Asset Management. His research into conservative factor investing led to the creation of this strategy and the publication of the book "High Returns From Low Risk: A Remarkable Stock Market Paradox". Van Vliet holds a PhD in Financial and Business Economics from Erasmus University Rotterdam. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios High Momentum Stocks Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.	Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Pim van Vliet Pim van Vliet Portfolio About Pim van Vliet: In investing, you typically need to take more risk to get more return. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet.	Of the 22 guru strategies we follow, AAPL rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Pim van Vliet Pim van Vliet Portfolio About Pim van Vliet: In investing, you typically need to take more risk to get more return. Below is Validea's guru fundamental report for APPLE INC (AAPL).	Of the 22 guru strategies we follow, AAPL rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Pim van Vliet Pim van Vliet Portfolio About Pim van Vliet: In investing, you typically need to take more risk to get more return. Below is Validea's guru fundamental report for APPLE INC (AAPL).
15238.0	2023-06-22 00:00:00 UTC	PayPal Stock is Down 80% from Highs: Buying Opportunity?	AAPL	https://www.nasdaq.com/articles/paypal-stock-is-down-80-from-highs%3A-buying-opportunity	nan	nan	The leader in online payment services, PayPal (NASDAQ: PYPL), has seen its stock price decline by as much as 81.4% from its all-time high price of $310.16 per share during the midpoint of 2021. While these massive declines could be attributed to the United States FED raising interest rates, which has historically affected technology stocks the most, there are other bearish factors working against the company, such as a decline in earnings and competition. However, PayPal has achieved a level of trust that is hard for others to achieve in the space, especially when money and personal transactions are involved. Besides the level of trust that the company has gained through its years of operation, users seem to still prefer PayPal over competitors like Apple Pay Apple (NASDAQ: AAPL), which still have to go through the 'middle man' in companies like Mastercard (NYSE: MA) or Visa (NYSE: V). PayPal goes through a rigorous process of vetting its vendors and transactors to ensure the safety of its users. In either case, the company stands in between to ensure any malicious transactions are reprimanded. Same Business, Cheaper Price During the investor presentation going over PayPal's first quarter 2023 results, investors can review the satisfying 12% growth in total payment volumes. With 433 million active accounts, which grew by 1% annually despite all the recessionary and inflationary concerns hovering over users' minds, PayPal is still positioned to take over a much larger user base in this niche. Considering that PayPal already owns approximately 50.3% of theglobal marketshare in the personal payment processing space, an 80% decline from all-time highs is out of the logical realm. PayPal analyst ratings today point toward a 43% upside scenario from today's prices, with a top-side target price of $160 per share representing a 135% advance from where the stock is selling for today. Considering that the stock is trading for a 28.8x price-to-earnings multiple, its lowest since its IPO (Initial Public Offering) and excluding the sell-offs during COVID-19. Acting as an advocate for an undervaluation case, investors can layer this view by comparing the valuation multiples that some of the other - more significant - names are carrying in this peer group. One of PayPal's most direct competitors, Block (NYSE: SQ), cannot be placed in a similar comparison considering that it currently carries a net loss per share and thus no P/E ratio. More prominent names like Visa and Mastercard have 30.2x and 37.4x multiples, respectively, making PayPal the cheaper alternative for those investors looking to ride on the economic momentum. In this case, economic momentum refers to the improvement in small and medium-sized business activity in the United States and overseas, as most economic indicators (such as the PMI) point to ample room for expansion in activity. Where is the Breakout Management bought back as many as 19 million shares during the first quarter of 2023, returning approximately $1.4 billion to investors. However, management has repurchased upwards of 48 million shares on a trailing twelve-month basis, reflecting a more significant capital return of $4.1 billion. Furthermore, management has guided toward a total 2023 share repurchase program reaching $4 billion approximately, delivering subtle though important hints for those investors on the fence about acquiring some of these cheap shares. Since management (insiders) have purchased stock at virtually the same prices as today, given the tight trading channel in PayPal's chart, everyday investors can pick up the company for the same price as management. Understandably, some investors declined to buy PayPal's first decline to $123 per share back in the first quarter of 2022, as the Invesco QQQ (NASDAQ: QQQ) ETF was under imminent danger on the face of an increased possibility of more aggressive interest rate hikes from the FED. Today, PayPal stock went from a near-lockstep performance with QQQ twelve months ago to an underperformance spread as large as 36%. Considering that these two stocks are, historically speaking, highly correlated, PayPal is due for a rally to return to its normal behaviors of the past. It would seem that the most heavily traded zones for this stock lie around the $170 to $200 per share ranges, a sensible target to shoot for once the underlying financials take on their cyclical bull run and when analysts subsequently pivot their sentiment as well as adjust their targets based on these facts. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Besides the level of trust that the company has gained through its years of operation, users seem to still prefer PayPal over competitors like Apple Pay Apple (NASDAQ: AAPL), which still have to go through the 'middle man' in companies like Mastercard (NYSE: MA) or Visa (NYSE: V). Considering that PayPal already owns approximately 50.3% of theglobal marketshare in the personal payment processing space, an 80% decline from all-time highs is out of the logical realm. Acting as an advocate for an undervaluation case, investors can layer this view by comparing the valuation multiples that some of the other - more significant - names are carrying in this peer group.	Besides the level of trust that the company has gained through its years of operation, users seem to still prefer PayPal over competitors like Apple Pay Apple (NASDAQ: AAPL), which still have to go through the 'middle man' in companies like Mastercard (NYSE: MA) or Visa (NYSE: V). Considering that PayPal already owns approximately 50.3% of theglobal marketshare in the personal payment processing space, an 80% decline from all-time highs is out of the logical realm. PayPal analyst ratings today point toward a 43% upside scenario from today's prices, with a top-side target price of $160 per share representing a 135% advance from where the stock is selling for today.	Besides the level of trust that the company has gained through its years of operation, users seem to still prefer PayPal over competitors like Apple Pay Apple (NASDAQ: AAPL), which still have to go through the 'middle man' in companies like Mastercard (NYSE: MA) or Visa (NYSE: V). PayPal analyst ratings today point toward a 43% upside scenario from today's prices, with a top-side target price of $160 per share representing a 135% advance from where the stock is selling for today. Since management (insiders) have purchased stock at virtually the same prices as today, given the tight trading channel in PayPal's chart, everyday investors can pick up the company for the same price as management.	Besides the level of trust that the company has gained through its years of operation, users seem to still prefer PayPal over competitors like Apple Pay Apple (NASDAQ: AAPL), which still have to go through the 'middle man' in companies like Mastercard (NYSE: MA) or Visa (NYSE: V). PayPal analyst ratings today point toward a 43% upside scenario from today's prices, with a top-side target price of $160 per share representing a 135% advance from where the stock is selling for today. More prominent names like Visa and Mastercard have 30.2x and 37.4x multiples, respectively, making PayPal the cheaper alternative for those investors looking to ride on the economic momentum.
15239.0	2023-06-22 00:00:00 UTC	This Is 1 of Peter Lynch's Great Investing Regrets -- and It Could Have Made Him Millions	AAPL	https://www.nasdaq.com/articles/this-is-1-of-peter-lynchs-great-investing-regrets-and-it-could-have-made-him-millions	nan	nan	From 1977 to 1990, investor Peter Lynch achieved a 29.2% compound annual growth rate (CAGR) while managing the Magellan Fund for Fidelity. This allowed him to earn about 28 times his initial investment in just 13 years. Let's put this in perspective. Let's assume that Lynch started with $1 million and earned a 29.2% CAGR for 30 years -- a career of normal length. At that rate, an investment of $1 million would have become a staggering $2.2 trillion. Hopefully, this illustrates just how stellar a 29.2% CAGR is. Lynch simply didn't play the game very long, which is perhaps why he doesn't get more recognition. With as good as his track record is, you'd think that Lynch wouldn't have any regrets. But when asked about his regrets by Yahoo! Finance, he quickly says that he regrets not investing in Apple (NASDAQ: AAPL). If he had only taken his own advice -- the advice that Lynch is most known for -- he would have made millions. Lynch may not be able to turn back time. But investors today can learn from Lynch's regret and find opportunities like Apple. Here's how. Lynch and Apple stock were a match made in heaven Regarding investing in the stock market, Peter Lynch is best known for saying, "Buy what you know." It's pretty much the central thesis of his best-selling book, One Up on Wall Street. Lynch suggests that ordinary investors can look at the businesses they regularly interact with to get a sense of how these companies are doing. Apple launched the iPod way back in 2001, and Lynch says his daughter gifted him one. Therefore, Apple was a company that Lynch was interacting with. Had he taken his own advice of buying what you know, he would have researched Apple stock then. But he didn't. Fast-forward to 2009, and Apple stock was trading at a split-adjusted price of just $2.79 per share, down more than 60% from its high. The company had just released the iPhone in 2007, and it had sold well. But investors worried that phones from competitors, including BlackBerry, Nokia, Acer, Palm, and more, would erode market share by undercutting Apple on price. At the start of 2009, Apple's market capitalization had dropped to around $80 billion. At the time, the company had almost $26 billion in cash and short-term investments, as well as zero long-term debt. It was the kind of situation that Lynch loves. And considering Apple stock now trades at over $180 per share, it would have made him millions if he had bought back then. AAPL Market Cap data by YCharts Apple stock in 2009 reminds me of another great Lynch investment. Lynch says that during a period of market volatility in 1972, Taco Bell stock (then a stand-alone company) dropped from $14 per share to $1 per share. The business was fine, and the company had no debt. As Lynch wryly says, "It's very hard to go bankrupt when you don't have any debt." Lynch was a buyer of Taco Bell stock because it was a well-known business, business was good, the company had no debt, and the stock was way down. PepsiCo later acquired Taco Bell for $42 per share -- a huge win for Lynch. Are there any opportunities today? I believe that Lynch's advice provides a good starting place for investors who are looking for ideas. And I believe there's one stock that fits the bill today. Granted, Apple stock was down 60% and Taco Bell stock was down more than 90% -- my suggestion hasn't had that extreme of a drop. But Ulta Beauty (NASDAQ: ULTA) stock checks several of Lynch's boxes right now, including: It's a well-known, consumer-facing brand, with 1,359 locations. Business is good, considering same-store sales jumped 9.3% year over year in the first quarter of 2023. The company is profitable, has cash and cash equivalents of $636 million, and has no long-term debt. The stock is down 18% from its high, as of this writing. Like I said, Ulta Beauty stock isn't trading at the deep discount that Apple was in 2009 or Taco Bell in 1972. But it's still the kind of company that Lynch would suggest looking into today. Ulta Beauty expects to earn at least $1.6 billion in operating income this year. And a good portion of these profits will go to shareholders in the form of share repurchases -- it's authorized to repurchase over $800 million in stock right now. This will help boost the company's earnings per share, which can help the stock go up from here. Indeed, I believe Ulta Beauty stock can rebound with this simple formula. Even if Ulta Beauty stock isn't something that interests you today, Peter Lynch's simple advice is still a great way to generate investible ideas. Look at the products and services in your life -- like Lynch's iPod gift -- and then research the fundamentals of the business. Doing this may just allow you to find generational opportunities that Wall Street overlooks. 10 stocks we like better than Ulta Beauty When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Ulta Beauty wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Jon Quast has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Ulta Beauty. The Motley Fool recommends BlackBerry. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Finance, he quickly says that he regrets not investing in Apple (NASDAQ: AAPL). AAPL Market Cap data by YCharts Apple stock in 2009 reminds me of another great Lynch investment. From 1977 to 1990, investor Peter Lynch achieved a 29.2% compound annual growth rate (CAGR) while managing the Magellan Fund for Fidelity.	Finance, he quickly says that he regrets not investing in Apple (NASDAQ: AAPL). AAPL Market Cap data by YCharts Apple stock in 2009 reminds me of another great Lynch investment. Lynch and Apple stock were a match made in heaven Regarding investing in the stock market, Peter Lynch is best known for saying, "Buy what you know."	Finance, he quickly says that he regrets not investing in Apple (NASDAQ: AAPL). AAPL Market Cap data by YCharts Apple stock in 2009 reminds me of another great Lynch investment. Lynch and Apple stock were a match made in heaven Regarding investing in the stock market, Peter Lynch is best known for saying, "Buy what you know."	Finance, he quickly says that he regrets not investing in Apple (NASDAQ: AAPL). AAPL Market Cap data by YCharts Apple stock in 2009 reminds me of another great Lynch investment. And considering Apple stock now trades at over $180 per share, it would have made him millions if he had bought back then.
15240.0	2023-06-22 00:00:00 UTC	Russia tells Amazon Web Services to set up local representation or face restrictions	AAPL	https://www.nasdaq.com/articles/russia-tells-amazon-web-services-to-set-up-local-representation-or-face-restrictions	nan	nan	June 22 (Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services AMZN.O and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. Russia in 2021 demanded that 13 firms, mostly U.S. technology companies such as Alphabet's GOOGL.O Google, Meta Platforms' META.O Facebook, Apple AAPL.O and Twitter TWTR.N become officially represented on Russian soil by the end of the year or face restrictions on advertising, data collection or money transfers. Moscow's subsequent invasion of Ukraine intensified Russia's disputes with Big Tech, ultimately leading to Twitter, Facebook and others being banned from the market. But despite the initial threats, may other listed web services remain operational and available, such as YouTube, Wikipedia, Telegram and Zoom. Amazon Web Services and another 11 mostly hosting sites were added on Thursday, Roskomnadzor's website showed. It was not immediately clear what the listing would mean for Amazon and others. Amazon did not immediately respond to a request for comment. (Reporting by Alexander Marrow; editing by David Evans) ((alexander.marrow@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Russia in 2021 demanded that 13 firms, mostly U.S. technology companies such as Alphabet's GOOGL.O Google, Meta Platforms' META.O Facebook, Apple AAPL.O and Twitter TWTR.N become officially represented on Russian soil by the end of the year or face restrictions on advertising, data collection or money transfers. June 22 (Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services AMZN.O and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. Moscow's subsequent invasion of Ukraine intensified Russia's disputes with Big Tech, ultimately leading to Twitter, Facebook and others being banned from the market.	Russia in 2021 demanded that 13 firms, mostly U.S. technology companies such as Alphabet's GOOGL.O Google, Meta Platforms' META.O Facebook, Apple AAPL.O and Twitter TWTR.N become officially represented on Russian soil by the end of the year or face restrictions on advertising, data collection or money transfers. June 22 (Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services AMZN.O and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. But despite the initial threats, may other listed web services remain operational and available, such as YouTube, Wikipedia, Telegram and Zoom.	Russia in 2021 demanded that 13 firms, mostly U.S. technology companies such as Alphabet's GOOGL.O Google, Meta Platforms' META.O Facebook, Apple AAPL.O and Twitter TWTR.N become officially represented on Russian soil by the end of the year or face restrictions on advertising, data collection or money transfers. June 22 (Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services AMZN.O and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. (Reporting by Alexander Marrow; editing by David Evans) ((alexander.marrow@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Russia in 2021 demanded that 13 firms, mostly U.S. technology companies such as Alphabet's GOOGL.O Google, Meta Platforms' META.O Facebook, Apple AAPL.O and Twitter TWTR.N become officially represented on Russian soil by the end of the year or face restrictions on advertising, data collection or money transfers. June 22 (Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services AMZN.O and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. Moscow's subsequent invasion of Ukraine intensified Russia's disputes with Big Tech, ultimately leading to Twitter, Facebook and others being banned from the market.
15241.0	2023-06-21 00:00:00 UTC	Quality Dividend Growth ETF DGRW Hits Ten Years	AAPL	https://www.nasdaq.com/articles/quality-dividend-growth-etf-dgrw-hits-ten-years	nan	nan	While the three-year ETF milestone has plenty of importance, consider the power of the ten year ETF birthday. That’s the news for the WisdomTree U.S. Quality Dividend Growth Fund (DGRW) which had its ten year birthday in May. As part of its birthday celebrations, the strategy also added $268.6 million in net inflows, enough to lift the quality dividend ETF above $9 billion in AUM. That should invite advisors to consider the potent combination of quality and dividends. DGRW tracks the WisdomTree U.S. Quality Dividend Growth Index for a 28 basis point fee, and offers a 2.01% annual dividend yield as of May. The index tracks the performance of large and mid-cap dividend-paying U.S. stocks that fit a growth framework. DGRW focuses on dividend growth potential rather than just looking backwards at past dividend increases. It does so by looking at forward-looking earnings estimates based on things like historical return on assets (ROA) and return on equity (ROE). That approach has helped the quality dividend growth ETF outperform the S&P 500 Index by 0.22% annually over the last ten years. The strategy goes back to some solid research from the firm’s now Global CIO Jeremy Schwartz and Global Head of Research Christopher Gannatti. Those white papers focused on the rationale behind using ROE and ROA with a forward-looking dividend growth screen. Combining the two has helped DGRW limit reliance on superficially high ROE figures caused by firms taking on leverage, for example. Together, that’s helped its index look forward compared to the NASDAQ U.S. Dividend Achievers Select Index which requires ten consecutive years of dividend growth. That requirement, DGRW’s managers fear, may fail to capture growth opportunities. See more: “Digging Into Up-and-Coming Quality Growth ETF QGRW” For example, Apple (AAPL) joined the WisdomTree U.S. Dividend Growth Index back in 2013, but wasn’t eligible for the NASDAQ index until 2023, per an old WisdomTree blog. Taken together, those research lessons have helped DGRW return 21% over the last year and 15.5% over the last three years. That’s helped DGRW outperform its ETF Database Category and Factset Segment averages in those time frames. For investors looking for a quality dividend growth ETF, DGRW stands out as one to consider. For more news, information, and analysis, visit the Modern Alpha Channel. Read more on ETFtrends.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	See more: “Digging Into Up-and-Coming Quality Growth ETF QGRW” For example, Apple (AAPL) joined the WisdomTree U.S. Dividend Growth Index back in 2013, but wasn’t eligible for the NASDAQ index until 2023, per an old WisdomTree blog. As part of its birthday celebrations, the strategy also added $268.6 million in net inflows, enough to lift the quality dividend ETF above $9 billion in AUM. That approach has helped the quality dividend growth ETF outperform the S&P 500 Index by 0.22% annually over the last ten years.	See more: “Digging Into Up-and-Coming Quality Growth ETF QGRW” For example, Apple (AAPL) joined the WisdomTree U.S. Dividend Growth Index back in 2013, but wasn’t eligible for the NASDAQ index until 2023, per an old WisdomTree blog. That’s the news for the WisdomTree U.S. Quality Dividend Growth Fund (DGRW) which had its ten year birthday in May. DGRW tracks the WisdomTree U.S. Quality Dividend Growth Index for a 28 basis point fee, and offers a 2.01% annual dividend yield as of May.	See more: “Digging Into Up-and-Coming Quality Growth ETF QGRW” For example, Apple (AAPL) joined the WisdomTree U.S. Dividend Growth Index back in 2013, but wasn’t eligible for the NASDAQ index until 2023, per an old WisdomTree blog. DGRW tracks the WisdomTree U.S. Quality Dividend Growth Index for a 28 basis point fee, and offers a 2.01% annual dividend yield as of May. Together, that’s helped its index look forward compared to the NASDAQ U.S. Dividend Achievers Select Index which requires ten consecutive years of dividend growth.	See more: “Digging Into Up-and-Coming Quality Growth ETF QGRW” For example, Apple (AAPL) joined the WisdomTree U.S. Dividend Growth Index back in 2013, but wasn’t eligible for the NASDAQ index until 2023, per an old WisdomTree blog. That’s the news for the WisdomTree U.S. Quality Dividend Growth Fund (DGRW) which had its ten year birthday in May. That approach has helped the quality dividend growth ETF outperform the S&P 500 Index by 0.22% annually over the last ten years.
15242.0	2023-06-21 00:00:00 UTC	Turnkey Tech Investing: May 2023 Market Brief	AAPL	https://www.nasdaq.com/articles/turnkey-tech-investing%3A-may-2023-market-brief	nan	nan	For some time, markets have been grappling with a handful of counteracting dynamics, including the clash between the bulls and the bears, the interplay between stimulus and inflation, and the delicate balance between growth and rate hikes. Adding to the mix in May was the US debt-ceiling conundrum and, of course, the ‘emergence’ of AI. Despite occasional glimpses of one side pulling harder in each tug of war, it is striking just how polarized these debates remain—including the differing views on the growth outlook for robotics and AI. In my opinion, the naysayers have already lost the battle on this count. The massive growth of robots and AI is not a question but a sheer inevitability. I may sound like a broken record, but this is the message I’ve been broadcasting for the past 8 years. Of course, the bullish narrative extends far beyond the trajectory of AI, bolstered heavily by US soft landing expectations that are underpinned by a strong labor market, improved earnings trends, and the easing regional banking stress. Still, sticky global inflation, tightening lending standards, narrow US market leadership, and an underwhelming China recovery continue to add some bearish angst to the mix. Even with the resolution of the debt-ceiling issue, it remains to be seen where equities will run—at least in the near term. For the month of May, with artificial intelligence now on the center stage of most investors’ minds, The ROBO Global Artificial Intelligence ETF (THNQ) advanced +11.84%, while the ROBO Global Robotics and Automation Index ETF (ROBO) gained +2.10%, and the ROBO Global Healthcare Technology and Innovation ETF (HTEC) declined -4.47%.1 It’s remarkable that just 6 stocks—Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), and Facebook (META)—have accounted for nearly all of the S&P 500 (SPX) YTD return. But with a closer look, that news should come as no surprise. Nvidia guiding 50% above consensus was nothing short of historic as the chipmaker is on the cusp of the trillion-dollar club, while the others, all strong tech companies with relatively long histories of success, continue to rise with the tide. While the AI boom has clearly become a secular growth tailwind, it is worth noting that there are still areas of weakness even within tech. Over the past few years, we’ve discussed the impact of all forms of AI in areas such as autonomous vehicles, computer vision, and collaborative robots. Today, the market is more narrowly focused on generative AI, of which ChatGPT is arguably the most well-known example. Generative AI is capable of creating, classifying and condensing content including text, image and audio. It is also used to generate ‘synthetic data’—new artificial data based on key facets within a smaller sample of real data, that is typically used to accelerate the training of other AI programs and avoid potential issues around privacy that arise when using primary data. The capabilities of generative AI are advancing at a remarkable pace. The costs of developing and training models today typically run to many millions of dollars, but open-source models are gaining ground and are expected to drive rapid adoption of this key technology. Concurrently, synthetic data could empower start-ups to challenge incumbents whose historical data repositories are perhaps less of a moat now than once seemed the case. This may mean some of the anticipated cost savings made above need to be re-invested. Given the growing importance of AI, the call for investors to take advantage of this megatrend is becoming especially urgent. Generative AI’s ability to augment core processes within AI models will have a direct impact on the pharmaceutical, manufacturing, media, architecture, interior design, engineering, automotive, aerospace, defense, medical, electronics, and energy industries. And its ability to improve business processes across organizations will impact marketing, design, corporate communications, training, and software engineering. Gartner Research (among many others) clearly sees the writing on the wall. Its near-term predictions2 paint a clear picture of the massive impact that lies just ahead: By 2025, more than 30% of new drugs and materials will be systematically discovered using generative AI techniques, the use of synthetic data will reduce the volume of real data needed for machine learning by 70%, and 30% of outbound marketing messages from large organizations will be synthetically generated, up from less than 2% in 2022. We note that Salesforce recently announced the release of its Einstein GPT to generate personalized emails to customers on behalf of salespeople, specific query responses on behalf of customer service professionals, and targeted content for marketers. By 2026, over 100 million humans will engage robo-colleagues (synthetic virtual co-workers) to contribute to enterprise work. By 2027, nearly 15% of new applications will be automatically generated by AI without a human in the loop, up from 0% today. In our view, the breadth of Gartner’s predictions places general purpose technology (GPT) status on generative AI on par with the impact of the printing press, electricity, railroads, and even the internet. As with these earlier innovations, generative AI is likely to have a significant effect on the labor market. For investors ready to make the most of this incredible shift, our THNQ ETF offers diversified access across the value chain of artificial intelligence. Eight years ago, ROBO Global was an outlier. We, too, saw the writing on the wall—though earlier than many who lacked the deep knowledge and insights into the world of automation, robotics, and AI. Today, even in the thick of a turbulent economic and market environment, our strategies are poised to help investors take advantage of what has ‘suddenly’ become an undeniable and momentous paradigm shift driven by these vital technologies. ROBO Top Ten Holdings, HTEC Top Ten Holdings, THNQ Top Ten Holdings By Bill Studebaker, CIO & President, ROBO Global SOURCES: 1 Source: ROBO Global®, S&P CapitalIQ 2 “Beyond ChatGPT: The Future of Generative AI for Enterprises,” Gartner, January 26, 2023 For more news, information, and analysis, visit the Disruptive Technology Channel. Fund holdings and standard performance can be found in the ETF links provided in the fourth paragraph. The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Holdings are subject to change. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. This material represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research orinvestment adviceregarding the fund or any security in particular. Please consult your financial advisor for further information. Read more on ETFtrends.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	For the month of May, with artificial intelligence now on the center stage of most investors’ minds, The ROBO Global Artificial Intelligence ETF (THNQ) advanced +11.84%, while the ROBO Global Robotics and Automation Index ETF (ROBO) gained +2.10%, and the ROBO Global Healthcare Technology and Innovation ETF (HTEC) declined -4.47%.1 It’s remarkable that just 6 stocks—Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), and Facebook (META)—have accounted for nearly all of the S&P 500 (SPX) YTD return. Of course, the bullish narrative extends far beyond the trajectory of AI, bolstered heavily by US soft landing expectations that are underpinned by a strong labor market, improved earnings trends, and the easing regional banking stress. Nvidia guiding 50% above consensus was nothing short of historic as the chipmaker is on the cusp of the trillion-dollar club, while the others, all strong tech companies with relatively long histories of success, continue to rise with the tide.	For the month of May, with artificial intelligence now on the center stage of most investors’ minds, The ROBO Global Artificial Intelligence ETF (THNQ) advanced +11.84%, while the ROBO Global Robotics and Automation Index ETF (ROBO) gained +2.10%, and the ROBO Global Healthcare Technology and Innovation ETF (HTEC) declined -4.47%.1 It’s remarkable that just 6 stocks—Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), and Facebook (META)—have accounted for nearly all of the S&P 500 (SPX) YTD return. ROBO Top Ten Holdings, HTEC Top Ten Holdings, THNQ Top Ten Holdings By Bill Studebaker, CIO & President, ROBO Global The performance data quoted represents past performance and is no guarantee of future results.	For the month of May, with artificial intelligence now on the center stage of most investors’ minds, The ROBO Global Artificial Intelligence ETF (THNQ) advanced +11.84%, while the ROBO Global Robotics and Automation Index ETF (ROBO) gained +2.10%, and the ROBO Global Healthcare Technology and Innovation ETF (HTEC) declined -4.47%.1 It’s remarkable that just 6 stocks—Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), and Facebook (META)—have accounted for nearly all of the S&P 500 (SPX) YTD return. It is also used to generate ‘synthetic data’—new artificial data based on key facets within a smaller sample of real data, that is typically used to accelerate the training of other AI programs and avoid potential issues around privacy that arise when using primary data. Its near-term predictions2 paint a clear picture of the massive impact that lies just ahead: By 2025, more than 30% of new drugs and materials will be systematically discovered using generative AI techniques, the use of synthetic data will reduce the volume of real data needed for machine learning by 70%, and 30% of outbound marketing messages from large organizations will be synthetically generated, up from less than 2% in 2022.	For the month of May, with artificial intelligence now on the center stage of most investors’ minds, The ROBO Global Artificial Intelligence ETF (THNQ) advanced +11.84%, while the ROBO Global Robotics and Automation Index ETF (ROBO) gained +2.10%, and the ROBO Global Healthcare Technology and Innovation ETF (HTEC) declined -4.47%.1 It’s remarkable that just 6 stocks—Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), and Facebook (META)—have accounted for nearly all of the S&P 500 (SPX) YTD return. It is also used to generate ‘synthetic data’—new artificial data based on key facets within a smaller sample of real data, that is typically used to accelerate the training of other AI programs and avoid potential issues around privacy that arise when using primary data. As with these earlier innovations, generative AI is likely to have a significant effect on the labor market.
15243.0	2023-06-21 00:00:00 UTC	Retail investors slow to buy into ARK Innovation Fund's blistering rally	AAPL	https://www.nasdaq.com/articles/retail-investors-slow-to-buy-into-ark-innovation-funds-blistering-rally	nan	nan	By David Randall NEW YORK, June 21(Reuters) - Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. The $8 billion fund, which outperformed all U.S. equity funds during the pandemic rally of 2020 but suffered a steep fall last year, is up nearly 37% year-to-date, outpacing broader markets. Despite those gains, the fund has notched more than $250 million in net outflows since the start of the year, according to Lipper data. That pattern has persisted during the market’s recent leg higher: over $157 million has left the fund over the last eight weeks, a period in which its price gained nearly 15%. The tech-heavy Nasdaq 100, by comparison, is up 13% in that period. ARK Invest, the fund's parent company, did not respond to a request for comment. Overall, 2023 has seen investors back away from equity funds despite the stock market's rebound, in part due to high yields in the fixed income market offering a compelling alternative, said Todd Rosenbluth, head of research at VettaFi. Domestic equity funds and ETFs posted a total of $151.3 billion in outflows year to date through June 7th, according to data from trade group the Investment Company Institute. In ARK’s case, the dearth of inflows may also have to do with the behavior of individual investors, who make up a significant chunk of the fund's shareholders and have been loath to return after many were badly hurt when it fell by as much as 60% last year, Rosenbluth said. "Many investors have lost patience with the ARK ETFs and have moved on to other strategies following the prior period struggles," he said. "Those that stayed loyal ... are not seeming eager to add more exposure." Still, the recent broadening of the equity market's rally this year out of a handful of megacap stocks could mean investors will eventually give Cathie Wood’s flagship fund another look, said Virag Shah, portfolio strategist at Van Leeuwen & Company. Optimism among individual investors vaulted to a 19-month high in the latest American Association of Individual Investors (AAII) Sentiment Survey. Bearish sentiment plunged to a 19-month low. Morgan Stanley analysts, meanwhile, wrote this week that retail and institutional investor sentiment has reached its highest levels in over two years and registered readings in the top quintile of the past several decades. "Once you see the market concentration broadening out, we think you will see the investor flows follow," potentially sending more investors into ARK, Shah said. ARK's 2023 rally has largely been powered by the more than 100% gain in top holding Tesla Inc TSLA.O, which makes up roughly 12% of its assets. Shares of the company fell nearly 5% Wednesday as concerns about higher interest rates weighed on growth stocks. Other positions in the fund include streaming company Roku Inc ROKU.O and cancer diagnostics company Exact Sciences Corp EXAS.O, which are both up more than 50% over the year to date. (Reporting by David Randall; Editing by Ira Iosebashvili and David Gregorio) ((David.Randall@thomsonreuters.com; 646-223-6607; Reuters Messaging: david.randall.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	By David Randall NEW YORK, June 21(Reuters) - Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. Still, the recent broadening of the equity market's rally this year out of a handful of megacap stocks could mean investors will eventually give Cathie Wood’s flagship fund another look, said Virag Shah, portfolio strategist at Van Leeuwen & Company. Morgan Stanley analysts, meanwhile, wrote this week that retail and institutional investor sentiment has reached its highest levels in over two years and registered readings in the top quintile of the past several decades.	By David Randall NEW YORK, June 21(Reuters) - Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. Domestic equity funds and ETFs posted a total of $151.3 billion in outflows year to date through June 7th, according to data from trade group the Investment Company Institute. Still, the recent broadening of the equity market's rally this year out of a handful of megacap stocks could mean investors will eventually give Cathie Wood’s flagship fund another look, said Virag Shah, portfolio strategist at Van Leeuwen & Company.	By David Randall NEW YORK, June 21(Reuters) - Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. In ARK’s case, the dearth of inflows may also have to do with the behavior of individual investors, who make up a significant chunk of the fund's shareholders and have been loath to return after many were badly hurt when it fell by as much as 60% last year, Rosenbluth said. Still, the recent broadening of the equity market's rally this year out of a handful of megacap stocks could mean investors will eventually give Cathie Wood’s flagship fund another look, said Virag Shah, portfolio strategist at Van Leeuwen & Company.	By David Randall NEW YORK, June 21(Reuters) - Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. Domestic equity funds and ETFs posted a total of $151.3 billion in outflows year to date through June 7th, according to data from trade group the Investment Company Institute. Still, the recent broadening of the equity market's rally this year out of a handful of megacap stocks could mean investors will eventually give Cathie Wood’s flagship fund another look, said Virag Shah, portfolio strategist at Van Leeuwen & Company.
15244.0	2023-06-21 00:00:00 UTC	Consider CDEI as LGBTQ+ Investment Ideas	AAPL	https://www.nasdaq.com/articles/consider-cdei-as-lgbtq-investment-ideas	nan	nan	With June being Pride Month, advisors and market participants are paying renewed attention to strategies relevant to the LGBTQ+ community. That should also be happening throughout the rest of the year, and the good news is that the number of investments relevant to the LGBTQ+ community and their supporters is increasing. While it’s not a dedicated LGBTQ+ exchange traded fund, the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSE Arca: CDEI) merits a place in this conversation because, as its name implies, the actively managed fund priorities diversity, equity, and inclusion principles, which are important to members of the LGBTQ+ community as well as their allies. With that in mind, CDEI, which debuted in January, could find itself at the right place at the right time. More investors, particularly those in younger demographics, want access to strategies that prioritize DEI virtues and LGBTQ+ allyship. “Nearly half of U.S. investors in a recent Morgan Stanley survey want opportunities to invest in LGBTQ+1 equity and inclusion, across a broad range of products and strategies. This demand increases substantially among LGBTQ+ investors (86%), heterosexual investors with an LGBTQ+ household member (76%) and younger investors (67% of Gen Z and 56% of Millennials),” noted Morgan Stanley. CDEI Could Have Other Advantages As noted above, CDEI isn’t a dedicated LGBTQ+ ETF. However, investors should note its adjacency to that theme because, at the moment, there are not many such ETFs to choose from. Additionally, due its active management philosophy, the potential exists for CDEI to offer DEI purity, thereby enhancing its relevance as an LGBTQ+-friendly strategy. That could broaden the audience for CDEI, with younger investors potentially being a driving force. “The business case for LGBTQ+ investment products includes both investors who identify as part of that community as well as younger investors: Investors born after 1980, regardless of their identity, could play a significant role in demand for these products,” added Morgan Stanley. “A majority of Millennial and Gen Z investors expressed interest in finding investment options that advance LGBTQ+ equity and inclusion.” Home to more than 350 domestic large-cap equities, CDEI is also a credible option for investors seeking growth style exposure, as the fund allocates 42% of its weight to tech stocks. In theory, a DEI strategy should be sector-agnostic. However, it can also be overweight on groups that score well in terms of DEI priorities -- which tech does. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) combine for almost 29% of the fund’s roster. For more news, information, and analysis, visit the Responsible Investing Channel. Read more on ETFtrends.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) combine for almost 29% of the fund’s roster. While it’s not a dedicated LGBTQ+ exchange traded fund, the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSE Arca: CDEI) merits a place in this conversation because, as its name implies, the actively managed fund priorities diversity, equity, and inclusion principles, which are important to members of the LGBTQ+ community as well as their allies. “Nearly half of U.S. investors in a recent Morgan Stanley survey want opportunities to invest in LGBTQ+1 equity and inclusion, across a broad range of products and strategies.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) combine for almost 29% of the fund’s roster. While it’s not a dedicated LGBTQ+ exchange traded fund, the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSE Arca: CDEI) merits a place in this conversation because, as its name implies, the actively managed fund priorities diversity, equity, and inclusion principles, which are important to members of the LGBTQ+ community as well as their allies. This demand increases substantially among LGBTQ+ investors (86%), heterosexual investors with an LGBTQ+ household member (76%) and younger investors (67% of Gen Z and 56% of Millennials),” noted Morgan Stanley.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) combine for almost 29% of the fund’s roster. While it’s not a dedicated LGBTQ+ exchange traded fund, the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSE Arca: CDEI) merits a place in this conversation because, as its name implies, the actively managed fund priorities diversity, equity, and inclusion principles, which are important to members of the LGBTQ+ community as well as their allies. “The business case for LGBTQ+ investment products includes both investors who identify as part of that community as well as younger investors: Investors born after 1980, regardless of their identity, could play a significant role in demand for these products,” added Morgan Stanley.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) combine for almost 29% of the fund’s roster. With June being Pride Month, advisors and market participants are paying renewed attention to strategies relevant to the LGBTQ+ community. While it’s not a dedicated LGBTQ+ exchange traded fund, the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSE Arca: CDEI) merits a place in this conversation because, as its name implies, the actively managed fund priorities diversity, equity, and inclusion principles, which are important to members of the LGBTQ+ community as well as their allies.
15245.0	2023-06-21 00:00:00 UTC	AAPL, BKNG, DASH Lead Fintel’s Top 10 Big Shorts List For June	AAPL	https://www.nasdaq.com/articles/aapl-bkng-dash-lead-fintels-top-10-big-shorts-list-for-june	nan	nan	Hedge funds employ various strategies to generate profits in the financial markets, and one of the most common approaches is taking short positions in stocks. Short selling is a trading strategy that allows investors to profit from the declining prices of stocks. The strategy can be used with put and call options or traditionally in the form of borrowing shares from a broker and directly selling them on market with the intention to profit by repurchasing them at a lower price. However, it is also a high-risk strategy that can result in significant losses if the market moves against the short seller. When a hedge fund takes a net short position, it means they have a greater stake in the stock's decline than its rise. This could involve selling borrowed shares, buying put options, or a combination of strategies. Today, we will examine the 10 stocks currently with the largest net short exposure held by institutions. The Big Shorts page on the Fintel quant platform displays the largest short positions by hedge funds in SEC filings. The list is compiled from 13F and NPORT filings to determine the value of short positions for each stock. Leading the pack is tech titan Apple (US:AAPL), which finds itself on the receiving end of a significant short position held by Cerity Partners worth $1.72 billion. This position is exclusively put options, a bet on AAPL stock declining. The Nasdaq-traded shares have gained almost 48% year to date, closing on Tuesday at $185.01 a piece. Betting against Activision Blizzard (US:ATVI), a prominent player in the gaming industry, is Japan's largest investment bank, Nomura which holds a significant, $757.16 million net short position in ATVI stock. This considerable short position is primarily comprised of put options, however, it's tempered by some offsetting call option exposure and a $67.5 million long position demonstrating Nomura's nuanced strategy toward the stock. The shares are up 7.9% in the last six months as Microsoft (US:MSFT) seeks global regulators' approval for the $68.7 billion acquisition of Activision Blizzard, in what would be the gaming industry's biggest-ever deal. Susquehanna International Group has a $675.53 million net short position against online travel company Booking Holdings (US:BKNG). Susquehanna's net short exposure primarily comprises both put and call options as well as a direct position in BKNG stock. The investor could be using the put options to capitalize on a potential fall in the stock price in the back half of 2023, considering BKNG shares have traded almost 30% higher this year against a backdrop of incoming macroeconomic weakness. Deer Park Road has a $616.53 million net short position in food delivery platform DoorDash (US:DASH), consisting solely of put option exposure in the security. NYSE-traded DASH shares have mounted a 51% rally over 2023 but are down more than 70% from highs reached in 2021 during the height of the pandemic. Charter Communications (US:CHTR), a leading broadband and cable telecommunications company, features fifth on our list this month with Citigroup holding a $573.27 million net short position in CHTR stock. Citigroup's net short exposure consists primarily of put options worth $576.97 million, and a small call option and direct long positions, indicating a mixed approach to the investment. The shares have stumbled in the last month, down 2.8% as of Tuesday's market close. Booking Holdings (US:BKNG) makes a second appearance on the list, this time with a net short position held by Citadel Advisors. Thie fund's net short exposure of $562.91 million is a complex mix of substantial put value, tempered by significant call value and long value. We've got another appearance by Activision Blizzard (US:ATVI), this time in the seventh position. Pentwater Capital Management holds a net short position on the stock valued at $555.18 million. This position is a blend of put options, offset by smaller portions of call options and long direct shares. Bank of America (US:BAC), a major banking and financial services player, faces a net short position of $531.33 million held by Jane Street Group, The position, comprised of a substantial put option position worth $833.32 million, is partially offset by a combination of $194.17 million of call options and $107.80 million long in stock. BAC stock is down almost 12% in the last six months, which compares with a 18.7% decline in the Invesco KBW Bank ETF (US:KBW), which holds the lender's shares among its top five allocations (8.87%) in the 22-stock exchange-traded fund. PHC Holdings (JP:6523), a healthcare company specializing in medical and health products, mirrors Bank of America's net short position also held by Jane Street, exhibiting a similar financial strategy as it used with BAC. Rounding off the list is NVIDIA Corp (US:NVDA), a prominent player in the semiconductor and software design industry. Walleye Trading holds a net short position of $526.43 million, mostly attributed to put positions, with significant offsetting call positions. In essence, each of these short positions provides a fascinating look into the world of hedge fund strategies. Despite being primarily based on put value, the intricacies of these positions reflect how complex and multi-layered financial markets can be. This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Leading the pack is tech titan Apple (US:AAPL), which finds itself on the receiving end of a significant short position held by Cerity Partners worth $1.72 billion. This position is exclusively put options, a bet on AAPL stock declining. The investor could be using the put options to capitalize on a potential fall in the stock price in the back half of 2023, considering BKNG shares have traded almost 30% higher this year against a backdrop of incoming macroeconomic weakness.	Leading the pack is tech titan Apple (US:AAPL), which finds itself on the receiving end of a significant short position held by Cerity Partners worth $1.72 billion. This position is exclusively put options, a bet on AAPL stock declining. Betting against Activision Blizzard (US:ATVI), a prominent player in the gaming industry, is Japan's largest investment bank, Nomura which holds a significant, $757.16 million net short position in ATVI stock.	Leading the pack is tech titan Apple (US:AAPL), which finds itself on the receiving end of a significant short position held by Cerity Partners worth $1.72 billion. This position is exclusively put options, a bet on AAPL stock declining. This considerable short position is primarily comprised of put options, however, it's tempered by some offsetting call option exposure and a $67.5 million long position demonstrating Nomura's nuanced strategy toward the stock.	Leading the pack is tech titan Apple (US:AAPL), which finds itself on the receiving end of a significant short position held by Cerity Partners worth $1.72 billion. This position is exclusively put options, a bet on AAPL stock declining. Betting against Activision Blizzard (US:ATVI), a prominent player in the gaming industry, is Japan's largest investment bank, Nomura which holds a significant, $757.16 million net short position in ATVI stock.
15246.0	2023-06-21 00:00:00 UTC	AAPL Factor-Based Stock Analysis	AAPL	https://www.nasdaq.com/articles/aapl-factor-based-stock-analysis-0	nan	nan	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. FUNDAMENTAL MOMENTUM: PASS TWELVE MINUS ONE MOMENTUM: PASS FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios High Momentum Stocks Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Below is Validea's guru fundamental report for APPLE INC (AAPL). APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
15247.0	2023-06-21 00:00:00 UTC	2 Future Dividend Kings to Buy and Hold Today	AAPL	https://www.nasdaq.com/articles/2-future-dividend-kings-to-buy-and-hold-today	nan	nan	Investing in dividend growth stocks is a great way to increase your dividend income over the years, even if those stocks don't offer a high yield right now. A company that has a propensity to increase its payouts may do so at varying rates, and investing in it while the yield is low could prove to be beneficial for investors in the long run. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are a couple of tech giants that don't offer high yields, but they have been increasing their payouts and generate a boatload of cash. Both of these stocks could prove to be excellent dividend stocks to hold for the long term. 1. Apple Apple has been increasing its dividend since 2013, so it'll be decades before the company could potentially hit 50 consecutive years of rate hikes and become a Dividend King. But given the company's impressive and constantly growing ecosystem, combined with fantastic financials, it seems probable that it will get there. For starters, the company doesn't pay as high of a dividend as it could. Its payout ratio is just 15% of earnings, and Apple could easily afford to pay more. It looks like a strategic move to be able to grow its dividend without potentially disrupting its growth initiatives. In May, the company raised its dividend by just 1 cent. Sometimes companies offer too high of a dividend or make aggressive increases to it, and then it can prove to be burdensome later on, such as when the economy isn't doing too well. Apple's low payout ratio puts it in an excellent position to balance both growth and dividends. Although its 0.5% dividend yield is modest and well below the S&P 500 average of 1.6%, it would be a shock not to see the company continue to raise its dividend for the foreseeable future. Even if the company's foray into augmented reality and potentially even the metaverse proves to be underwhelming, Apple has a strong core business to fall back on, centered around its iPhones and Mac computers. Over the trailing 12 months, even amid inflation, the business generated free cash flow totaling $97.5 billion (it only had to pay out $14.9 billion of that to cover its dividend). It's difficult to forecast what will happen over the next 40 years, but Apple is one of the safest businesses to own over the long haul. With a strong brand and a devoted fanbase, it's a business that should continue to thrive, and dividend increases will likely follow. 2. Microsoft The tech world is big enough for both Apple and rival Microsoft to dominate for decades. And rather than trying to pick a winner between these two competitors, it may not be a bad idea to simply invest in both of them. Microsoft has its own ecosystem of products and services and has demonstrated that it can also make for an excellent long-term income investment. Microsoft has been raising its dividend payments since 2010, making its streak slightly longer than Apple's. But it, too, is an attractive dividend growth stock to own. Its payout ratio is higher at 24%, but not by much. Free cash flow over the trailing 12 months has totaled $59.6 billion, which is more than three times what Microsoft has paid out in dividends during that time frame -- just under $19 billion. The company has been more aggressive with respect to growth than Apple, announcing in 2022 plans to acquire video game maker Activision Blizzard for $69 billion and also investing $13 billion into ChatGPT-maker OpenAI. This is where having a low payout ratio can help Microsoft's dividend, because even though the company may spend billions to fund future growth opportunities, there's still a significant buffer between its free cash flow and its dividend payments to ensure the payout can continue growing. And by acquiring businesses and getting deeper into artificial intelligence and gaming, it can further diversify its business, making it stronger and potentially more insulated to the effects of a downturn in the economy. At 0.8%, Microsoft's yield is a little higher than Apple's, but the company could have room to offer a better dividend than it currently does. It's clear that it is aiming to grow its dividend at a sustainable rate, which is why there's potential for it to continue doing so for decades. On top of being an excellent growth investment, Microsoft can be a top dividend stock to own as well. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Activision Blizzard, Apple, and Microsoft. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are a couple of tech giants that don't offer high yields, but they have been increasing their payouts and generate a boatload of cash. A company that has a propensity to increase its payouts may do so at varying rates, and investing in it while the yield is low could prove to be beneficial for investors in the long run. Sometimes companies offer too high of a dividend or make aggressive increases to it, and then it can prove to be burdensome later on, such as when the economy isn't doing too well.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are a couple of tech giants that don't offer high yields, but they have been increasing their payouts and generate a boatload of cash. Investing in dividend growth stocks is a great way to increase your dividend income over the years, even if those stocks don't offer a high yield right now. Over the trailing 12 months, even amid inflation, the business generated free cash flow totaling $97.5 billion (it only had to pay out $14.9 billion of that to cover its dividend).	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are a couple of tech giants that don't offer high yields, but they have been increasing their payouts and generate a boatload of cash. Investing in dividend growth stocks is a great way to increase your dividend income over the years, even if those stocks don't offer a high yield right now. Apple Apple has been increasing its dividend since 2013, so it'll be decades before the company could potentially hit 50 consecutive years of rate hikes and become a Dividend King.	Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are a couple of tech giants that don't offer high yields, but they have been increasing their payouts and generate a boatload of cash. Investing in dividend growth stocks is a great way to increase your dividend income over the years, even if those stocks don't offer a high yield right now. This is where having a low payout ratio can help Microsoft's dividend, because even though the company may spend billions to fund future growth opportunities, there's still a significant buffer between its free cash flow and its dividend payments to ensure the payout can continue growing.
15248.0	2023-06-21 00:00:00 UTC	Spotify's Uptrend, What Is Really Happening	AAPL	https://www.nasdaq.com/articles/spotifys-uptrend-what-is-really-happening	nan	nan	Shares of Spotify Technology (NYSE: SPOT) have been showcasing a recovery uptrend as of the past three quarters, after hitting a bottom during November of 2022 at $69.29 per share, the stock has risen by as much as 123% to reach today's price of above $155.0 per share. The recovery can be attributed to improving fundamentals in the business, alongside a technology industry-wide rally stemming from NVIDIA (NASDAQ: NVDA) announcing better-than-expected results and outlooks surrounding everything artificial intelligence. Considering the massive amount of data that Spotify deals with, artificial intelligence is of central importance in allowing its everyday operations. As the company becomes increasingly entrenched in the lives of everyday listeners, spread across different generations and music tastes, its market share consumption is beginning to show investors the benefits of achieving economies of scale and the subsequent power stance called 'pricing power.' Delivering more value to users is the main message for Spotify today. However, some of this value comes at a cost simultaneously enabled by the same pricing power abilities the business possesses. A new membership tier may not only serve to draw in more loyal users but also open up an entirely new path to reaching profitability. Supremium As other lossless audio streaming providers like Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) releasing Apple music and Amazon music, Spotify decided to postpone the original prototype for this service, previously named 'Spotify HiFi'. Two years later, management has announced that the new and revised plan is soon to be released and renamed as 'Supremium' membership tier. This new feature will allow for lossless audio streaming along with other benefits; pricing is still up for discussion, though users can be sure that it will be higher than the current 'Premium' tier, which costs $9.99 per month. Perhaps the marketing departments at Spotify waited until enough market data was derived from competitors offering rival products to see where the gaps were shown with users and to get a sense of the 'elasticity' of pricing such products. In this case, price elasticity would point to the relationship between price increases/decreases as a function of the rate of increase/decrease in users due to these price changes. Now that two years have passed, the amount of elasticity and good or bad reviews are available for Spotify to synthesize their last laugh. Despite inflation concerns consuming the minds of the global base of Spotify consumers, monthly active users grew to 515 million as of the first quarter of 2023, sporting a year-on-year growth rate of 22%. Of these 515 million, 210 million - 40.8% - were Spotify premium subscribers paying the $9.99 monthly fee. Despite economic and recessionary concerns, a 15% growth in the total premium subscriber user base over the past twelve months is a testament to the pricing power and entrenchment Spotify has achieved with its underlying user base. Headed Up? Management has guided toward full-year 2023 monthly active users reaching 530 million, out of which 217 million will be considered premium subscribers. This would represent a 0.2% improvement in the active user mix as more users are set to pay the monthly fee, alongside advertisement revenues, the company as a whole is set up to beat estimates now that the new membership tier is underway. What is the natural result for investors in Spotify, compared to what they are seeing in Spotify's financials today. Considering today's perception of just how much Spotify is worth, there appears to be an apparent disconnect that investors can exploit, even before the effects of the new and more expensive membership tier kicks in. Trading at a price-to-sales ratio of only 2.2x will mark one of the lowest ranges for the company since COVID-19, and even worse, placing it below other riskier investments with loads of geopolitical risks. Baidu (NASDAQ: BIDU) is assigned a 2.9x price-to-sales ratio, implying that investors,, in general,, see more quality and less risk in the underlying revenue generated by Baidu rather than that in Spotify. On top of many seemingly obvious tailwinds, Spotify has averaged 200 million Euros in positive free cash flow over the past two years. However, it has yet to report positive net income and subsequent earnings per share. The main reason for the discrepancy between free cash flow (a proxy for earnings) and net income, as reported, comes from the 'Share-based compensation expense' line item in the company's cash flow statement, coming in at $105 million for the first quarter alone. This is typical of a younger, high-growth company, as they still need to afford attractive salaries to hire talent; compensation via stock options and equity in the business is where management finds a good balance. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Supremium As other lossless audio streaming providers like Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) releasing Apple music and Amazon music, Spotify decided to postpone the original prototype for this service, previously named 'Spotify HiFi'. The recovery can be attributed to improving fundamentals in the business, alongside a technology industry-wide rally stemming from NVIDIA (NASDAQ: NVDA) announcing better-than-expected results and outlooks surrounding everything artificial intelligence. Considering today's perception of just how much Spotify is worth, there appears to be an apparent disconnect that investors can exploit, even before the effects of the new and more expensive membership tier kicks in.	Supremium As other lossless audio streaming providers like Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) releasing Apple music and Amazon music, Spotify decided to postpone the original prototype for this service, previously named 'Spotify HiFi'. Of these 515 million, 210 million - 40.8% - were Spotify premium subscribers paying the $9.99 monthly fee. This would represent a 0.2% improvement in the active user mix as more users are set to pay the monthly fee, alongside advertisement revenues, the company as a whole is set up to beat estimates now that the new membership tier is underway.	Supremium As other lossless audio streaming providers like Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) releasing Apple music and Amazon music, Spotify decided to postpone the original prototype for this service, previously named 'Spotify HiFi'. Shares of Spotify Technology (NYSE: SPOT) have been showcasing a recovery uptrend as of the past three quarters, after hitting a bottom during November of 2022 at $69.29 per share, the stock has risen by as much as 123% to reach today's price of above $155.0 per share. Despite economic and recessionary concerns, a 15% growth in the total premium subscriber user base over the past twelve months is a testament to the pricing power and entrenchment Spotify has achieved with its underlying user base.	Supremium As other lossless audio streaming providers like Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) releasing Apple music and Amazon music, Spotify decided to postpone the original prototype for this service, previously named 'Spotify HiFi'. This new feature will allow for lossless audio streaming along with other benefits; pricing is still up for discussion, though users can be sure that it will be higher than the current 'Premium' tier, which costs $9.99 per month. Of these 515 million, 210 million - 40.8% - were Spotify premium subscribers paying the $9.99 monthly fee.
15249.0	2023-06-21 00:00:00 UTC	3 Metaverse Stocks to Buy Right Now	AAPL	https://www.nasdaq.com/articles/3-metaverse-stocks-to-buy-right-now-6	nan	nan	Before the latest iterations of artificial intelligence (AI) came along and stole its thunder, the metaverse was the talk of the tech investing world. Billions of dollars were being poured into its development, and some of the top names in the sector were venturing deeply into the technology. Particularly now that its popularity has cooled, it's worth revisiting this digital world to take a look at some of its major denizens. Here, then, is a trio of stocks that are "musts" for anyone considering an opportunistic metaverse investment: Apple (NASDAQ: AAPL), Roblox (NYSE: RBLX), and Meta Platforms (NASDAQ: META). 1. Apple As it has with so many other tech segments, Apple is pushing its way into the metaverse with hardware. In early June, it took the wraps off the Vision Pro, its first mixed-reality headset (or, to use its preferred term, since the company is always hungry to be unique, "spatial computer"). Interestingly, Apple didn't once mention the word "metaverse" in the official press release on the Vision Pro. It did provide the rather impressive specs of the device, which offers a fully immersive 4K display for those who strap it onto their heads, a potentially near-limitless screen upon which users can watch videos as large as they want, and navigation by eyes, voice, and hands. Another way in which the Vision Pro is a typical Apple debut is its lofty cost -- the device will set a potential metaverse explorer back a cool $3,499. However, Apple users tend to be loyal to the brand, and they're more likely to be relatively affluent and not as price-conscious as some other consumers. So we can expect at least modest initial take-up of the device. Since Apple is a lead-with-hardware company and the Vision Pro is a very new offering, it's too soon to tell whether the company will build a massive, iPhone/iPad-like app ecosystem around its headset (ahem, "spatial computer"). But given what it has been able to do with other devices, the King of Cupertino has more than a decent shot at succeeding in the metaverse arena. 2. Roblox If you have children, there's a good chance that one of the apps they'll be tapping away on while their precious summer hours dwindle is Roblox. The sprawling virtual-world gaming platform, operated by the company of the same name, is a prime destination for the under-18 crowd. Roblox is a living test laboratory for metaverse features and functionalities. Within its worlds, users can participate in a wide range of games set in a dizzying multitude of environments, populated by a continent's worth of player characters. In other words, it's a monster multiverse menu in a single app. It's relatively early days for both the metaverse and for Roblox, and both are still finding ways to keep users engaged and revenue-generating. The foundation is certainly there, as nearly every kid can find something they like in the game's vast offerings. Roblox's engagement, retention, and money-drawing efforts are clearly working, as demonstrated by its 23% year-over-year growth in total bookings in its latest reported quarter. Spending on research and development is heavy; it grew 55% in the same period. But if you want to play this game, you have to pay, and Roblox is willing to continue posting losses in pursuit of its goal. That said, it has more than a fine chance of tipping into the black before long if it can keep up that booking growth. And while it does, that R&D spending will make its ecosystem a wider and more complete metaverse. This should only attract more users, deeper engagement, and, by extension, more spending. 3. Meta Platforms In 2021, the company formerly known as Facebook placed a big bet on the metaverse. It was so big, the company even changed its name and stock ticker symbol to be as evocative of this as possible. Since then, Meta Platforms has retreated somewhat from its initially aggressive push into the metaverse. Recent heavy rounds of job cuts aimed at making the company more efficient have thinned the ranks of Reality Labs, its dedicated virtual and augmented reality (VR/AR) unit. But this is an organization that spent almost $14 billion in 2022 on Reality Labs, and despite those reductions, it's still all-in on the segment. In Meta's latest quarterlyearnings call founder and CEO Mark Zuckerberg put it bluntly and emphatically: "A narrative has developed that we're somehow moving away from focusing on the metaverse vision, so I just want to say up front that that's not accurate. We've been focusing on AI and the metaverse, and we will continue to." Meta can afford to throw capital at big, potentially explosive projects. It remains a cash-generating machine, offering an ad platform that has few if any equals in terms of reach and granularity. Last year, some advertisers reined in their spending in light of macroeconomic concerns, but that's the past, and sentiment is improving. As it continues to do so, the company will reap the benefits. Meta is not a cheap stock, either in terms of share price or valuations. But given the giant opportunities still in front of the company and its continued dominance in the social media world, it's got plenty of growth to look forward to. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Eric Volkman has positions in Apple and Meta Platforms. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Roblox. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Here, then, is a trio of stocks that are "musts" for anyone considering an opportunistic metaverse investment: Apple (NASDAQ: AAPL), Roblox (NYSE: RBLX), and Meta Platforms (NASDAQ: META). It did provide the rather impressive specs of the device, which offers a fully immersive 4K display for those who strap it onto their heads, a potentially near-limitless screen upon which users can watch videos as large as they want, and navigation by eyes, voice, and hands. Another way in which the Vision Pro is a typical Apple debut is its lofty cost -- the device will set a potential metaverse explorer back a cool $3,499.	Here, then, is a trio of stocks that are "musts" for anyone considering an opportunistic metaverse investment: Apple (NASDAQ: AAPL), Roblox (NYSE: RBLX), and Meta Platforms (NASDAQ: META). See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Roblox.	Here, then, is a trio of stocks that are "musts" for anyone considering an opportunistic metaverse investment: Apple (NASDAQ: AAPL), Roblox (NYSE: RBLX), and Meta Platforms (NASDAQ: META). Since Apple is a lead-with-hardware company and the Vision Pro is a very new offering, it's too soon to tell whether the company will build a massive, iPhone/iPad-like app ecosystem around its headset (ahem, "spatial computer"). See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.	Here, then, is a trio of stocks that are "musts" for anyone considering an opportunistic metaverse investment: Apple (NASDAQ: AAPL), Roblox (NYSE: RBLX), and Meta Platforms (NASDAQ: META). Interestingly, Apple didn't once mention the word "metaverse" in the official press release on the Vision Pro. Meta Platforms In 2021, the company formerly known as Facebook placed a big bet on the metaverse.
15250.0	2023-06-21 00:00:00 UTC	Bargain Buys: 3 Stocks Trading Below 7x Earnings Not to Miss	AAPL	https://www.nasdaq.com/articles/bargain-buys%3A-3-stocks-trading-below-7x-earnings-not-to-miss	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re looking for bargain stocks to buy, one place to start is with companies with low price-to-earnings multiples. What constitutes low earnings multiple stocks? Well, the S&P 500 has a P/E ratio of 25.5x. According to Finviz.com, 245 of the 503 stocks in the index have a P/E below 25. You could start there. However, I was looking for undervalued stocks to buy now. And then I came across a Seeking Alpha article about a smaller Canadian bank trading at a very low P/E, and that gave me the idea to look for bargain stocks to buy trading below 7x earnings. A tweak to the Finviz screen tells me there are 25 stocks in the index with a P/E below 7x. Of those, 15 are in the energy sector. The rest are spread between other sectors, including financials and basic materials. I’ll choose one of the energy stocks as one of my three picks, with two other bargain stocks to buy from different sectors. Here goes. OXY Occidental Petroleum $57.23 PFG Principal Financial Group $73.00 PHM PulteGroup $74.88 Occidental Petroleum (OXY) Source: Pavel Kapysh / Shutterstock.com Occidental Petroleum (NYSE:OXY) is one of Warren Buffett’s biggest bets. It took a while for Berkshire Hathaway (NYSE:BRK.B) to make money from the once-struggling oil and gas exploration and production company. However, thanks to rising oil prices over the last 12-18 months, PXY stock has done well for Berkshire shareholders. Berkshire currently owns 24.9% of Occidental’s stock. The holding company’s sixth-largest holding accounts for 3.6% of Berkshire’s $354 billion equity portfolio. It might not seem like a lot compared to Apple (NASDAQ:AAPL), which accounts for nearly 48%, but of the 50 Berkshire holdings at the moment, only 13 account for 1% or more of its total, so it’s a big deal. Berkshire’s most recent purchases of Occidental stock came at the end of May. It purchased approximately $275 million at a weighted average price of $58.57 per share. As part of Berkshire’s original deal with Occidental in 2019, it got $10 billion in preferred stock paying 8% annual interest and warrants to buy 83.9 million shares at $59.62. Occidental’s first opportunity to redeem the preferred shares is in 2029, so Buffett still has 5.5 years to exercise the warrants. Although Berkshire doesn’t want to own the entire company, it is happy to purchase up to 50% of the company. Occidental trades at a low 6.7x earnings. Principal Financial Group (PFG) Source: viewimage / Shutterstock.com Like many financial services stocks, Principal Financial Group (NASDAQ:PFG) isn’t keeping up with the S&P 500 in 2023. It’s down 26 percentage points relative to the index. However, its diversified revenue streams provide shareholders with stability regardless of economic circumstances. In Q1 2023, its business saw a decline of 11% in net revenues to $650.1 million. Revenues were lower due to lower markets affecting both its fee income generated from assets under management and assets under administration and investment income from its assets. However, if not for an exited business, its revenues in the quarter would have increased by nearly 9% year-over-year. Its net income in the quarter, excluding the exited business, was $346.9 million, slightly higher than $338.7 million a year earlier. All five segments generated positive operating earnings during the quarter, with the Retirement and Income Solutions business accounting for nearly 47% of its operating profits. While analysts don’t like it (of the 16 covering it, 10 rate it a “Hold” with six an outright “Sell”) it currently trades at 4.4x earnings, half its five-year average. PulteGroup (PHM) Source: rafapress / Shutterstock.com PulteGroup (NYSE:PHM) is the only stock of the three that is up in 2023. It’s gained nearly 60% year-to-date and 98% over the past year. It’s recovered nicely from its June 2022 52-week low of $35.03. Deutsche Bank analyst Joe Ahlersmeyer believes that despite the run that homebuilder stocks have been on, including Pulte, over the past nine months, there’s still room to move higher. “With continued improvement in demand fundamentals and book valuations fairly attractive by historical standards, our view is that homebuilder stocks can climb meaningfully higher,” Yahoo Finance reported the analyst’s comments from mid-June. Ahlersmeyer wrote. Ahlersmeyer argues that Pulte’s double-digit order growth over the next 18 months and higher margins on those orders should lead to significant excess cash. The analyst has a Buy rating and a $95 target price on its stock. Despite the significant appreciation of its shares over the past year, it still trades at just 6.4x earnings, less than its five-year average of 8.4x. There is a shortage of 6.5 million homes in the U.S. (2.3 million if you include multi-family dwellings), suggesting that Pulte will continue to have a backlog that’s more than its annual capacity to build new homes. That’s a good problem to have. On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Will Ashworth has written about investments full-time since 2008. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post Bargain Buys: 3 Stocks Trading Below 7x Earnings Not to Miss appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	It might not seem like a lot compared to Apple (NASDAQ:AAPL), which accounts for nearly 48%, but of the 50 Berkshire holdings at the moment, only 13 account for 1% or more of its total, so it’s a big deal. As part of Berkshire’s original deal with Occidental in 2019, it got $10 billion in preferred stock paying 8% annual interest and warrants to buy 83.9 million shares at $59.62. Deutsche Bank analyst Joe Ahlersmeyer believes that despite the run that homebuilder stocks have been on, including Pulte, over the past nine months, there’s still room to move higher.	It might not seem like a lot compared to Apple (NASDAQ:AAPL), which accounts for nearly 48%, but of the 50 Berkshire holdings at the moment, only 13 account for 1% or more of its total, so it’s a big deal. OXY Occidental Petroleum $57.23 PFG Principal Financial Group $73.00 PHM PulteGroup $74.88 Occidental Petroleum (OXY) Source: Pavel Kapysh / Shutterstock.com Occidental Petroleum (NYSE:OXY) is one of Warren Buffett’s biggest bets. As part of Berkshire’s original deal with Occidental in 2019, it got $10 billion in preferred stock paying 8% annual interest and warrants to buy 83.9 million shares at $59.62.	It might not seem like a lot compared to Apple (NASDAQ:AAPL), which accounts for nearly 48%, but of the 50 Berkshire holdings at the moment, only 13 account for 1% or more of its total, so it’s a big deal. InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re looking for bargain stocks to buy, one place to start is with companies with low price-to-earnings multiples. I’ll choose one of the energy stocks as one of my three picks, with two other bargain stocks to buy from different sectors.	It might not seem like a lot compared to Apple (NASDAQ:AAPL), which accounts for nearly 48%, but of the 50 Berkshire holdings at the moment, only 13 account for 1% or more of its total, so it’s a big deal. InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re looking for bargain stocks to buy, one place to start is with companies with low price-to-earnings multiples. Occidental trades at a low 6.7x earnings.
15251.0	2023-06-21 00:00:00 UTC	Thailand's WHA eyes record year as firms expand out of China	AAPL	https://www.nasdaq.com/articles/thailands-wha-eyes-record-year-as-firms-expand-out-of-china	nan	nan	By Orathai Sriring and Devjyot Ghoshal BANGKOK, June 21 (Reuters) - WHA Group WHA.BK, Thailand's largest industrial estate developer, expects a second straight year of record land sales from companies seeking to diversify away from China, its CEO said on Wednesday. Mounting trade tensions between the United States and China, coupled with Beijing's abrupt lifting of its strict zero-COVID policy in December last year, has led to a surge in mainly Chinese investment from companies seeking alternative locations. "This has impacted them, and it seems like a catalyst for those invested in China to move out," CEO Jareeporn Jarukornsakul told Reuters. WHA, which operates over a dozen industrial estates across Thailand and Vietnam, has seen enquiries and purchases by Chinese companies rocket since the pandemic eased, helping to double its annual land sales from pre-pandemic levels, she said. In 2023, WHA will likely sell more than 2,000 rai (320 hectares) of land in both countries - exceeding its annual target and its 2022 performance of 1,899 rai, said Jareeporn. Since the pandemic, around half of WHA's industrial land sales in Thailand have been cornered by Chinese investors, who have also taken some 80% of the group's offerings in Vietnam, she said. Chinese investment proposals in Thailand grew 87% to 25 billion baht ($717 million) in the first quarter of the year, compared to the same period last year, according to Thailand's Board of Investment. A wave of Chinese investment - including many smaller firms that supply bigger mainland manufacturers - has also entered Vietnam since December. To meet rising demand - much of it coming from Chinese automakers and Taiwanese electronics companies - WHA is aiming to expand its industrial land portfolio by nearly 30% in the next few years to 100,000 rai, she said. In eastern Thailand, for example, China's electric vehicle maker BYD Co 002594.SZ is building a new facility on a 600-rai plot in a WHA industrial estate. WHA's clients in Vietnam include suppliers to Apple AAPL.O such as China-based electronics firm Goertek Inc 002241.SZ and Taiwan's Foxconn 2317.TW, with which it is working on a new facility, according to the provincial government's website. ($1 = 34.85 baht) (Reporting by Orathai Sriring and Devjyot Ghoshal in BANGKOK; Additional reporting by Francesco Guarascio in HANOI; Editing by Sharon Singleton) ((Devjyot.Ghoshal@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	WHA's clients in Vietnam include suppliers to Apple AAPL.O such as China-based electronics firm Goertek Inc 002241.SZ and Taiwan's Foxconn 2317.TW, with which it is working on a new facility, according to the provincial government's website. By Orathai Sriring and Devjyot Ghoshal BANGKOK, June 21 (Reuters) - WHA Group WHA.BK, Thailand's largest industrial estate developer, expects a second straight year of record land sales from companies seeking to diversify away from China, its CEO said on Wednesday. Mounting trade tensions between the United States and China, coupled with Beijing's abrupt lifting of its strict zero-COVID policy in December last year, has led to a surge in mainly Chinese investment from companies seeking alternative locations.	WHA's clients in Vietnam include suppliers to Apple AAPL.O such as China-based electronics firm Goertek Inc 002241.SZ and Taiwan's Foxconn 2317.TW, with which it is working on a new facility, according to the provincial government's website. By Orathai Sriring and Devjyot Ghoshal BANGKOK, June 21 (Reuters) - WHA Group WHA.BK, Thailand's largest industrial estate developer, expects a second straight year of record land sales from companies seeking to diversify away from China, its CEO said on Wednesday. Since the pandemic, around half of WHA's industrial land sales in Thailand have been cornered by Chinese investors, who have also taken some 80% of the group's offerings in Vietnam, she said.	WHA's clients in Vietnam include suppliers to Apple AAPL.O such as China-based electronics firm Goertek Inc 002241.SZ and Taiwan's Foxconn 2317.TW, with which it is working on a new facility, according to the provincial government's website. By Orathai Sriring and Devjyot Ghoshal BANGKOK, June 21 (Reuters) - WHA Group WHA.BK, Thailand's largest industrial estate developer, expects a second straight year of record land sales from companies seeking to diversify away from China, its CEO said on Wednesday. WHA, which operates over a dozen industrial estates across Thailand and Vietnam, has seen enquiries and purchases by Chinese companies rocket since the pandemic eased, helping to double its annual land sales from pre-pandemic levels, she said.	WHA's clients in Vietnam include suppliers to Apple AAPL.O such as China-based electronics firm Goertek Inc 002241.SZ and Taiwan's Foxconn 2317.TW, with which it is working on a new facility, according to the provincial government's website. By Orathai Sriring and Devjyot Ghoshal BANGKOK, June 21 (Reuters) - WHA Group WHA.BK, Thailand's largest industrial estate developer, expects a second straight year of record land sales from companies seeking to diversify away from China, its CEO said on Wednesday. Mounting trade tensions between the United States and China, coupled with Beijing's abrupt lifting of its strict zero-COVID policy in December last year, has led to a surge in mainly Chinese investment from companies seeking alternative locations.
15252.0	2023-06-21 00:00:00 UTC	3 Things About Apple That Smart Investors Know	AAPL	https://www.nasdaq.com/articles/3-things-about-apple-that-smart-investors-know-6	nan	nan	Apple (NASDAQ: AAPL) has featured in countless headlines this month after unveiling its long-awaited, virtual/augmented reality (VR/AR) headset, the Vision Pro. The company's stock rose about 7% in the last 30 days, largely thanks to the long-term potential of the device. However, even without the growth prospects of the Vision Pro, Apple's stock is too good to pass up. The company is home to leading market shares in multiple areas of consumer tech. Meanwhile, its immense brand loyalty with shoppers often leads to success in nearly any new market it enters. Apple users seem intent on sticking with the company no matter what upgrades its competitors unveil. As a result, now is an excellent time to consider investing in this tech giant before its stock climbs any higher. Here are three things about Apple that smart investors know. 1. It could take years for the Vision Pro to boost earnings In true Apple fashion, the Vision Pro has taken leaps in innovation, introducing features never before seen in competing headsets. Characteristics such as advanced hand and eye tracking negate the need for controllers. Meanwhile, the Vision Pro is equipped with the same chip as the current MacBook Air, allowing it to perform nearly all the same computing tasks. Alongside Apple's full range of popular apps like Facetime and Messages, the headset could be unstoppable against industry competitors like Meta and Sony. However, its hefty price tag of $3,499 will likely hold it back for a few years. Apple has unveiled the Vision Pro at a price point that locked out the average consumer. The company's product strategy is likely to release yearly upgrades to the device, bringing down the price of the current headset. However, that means it could be several years before most shoppers consider adopting VR/AR into their daily lives. In the meantime, Apple will need to push its VR/AR technology forward to boost hype so that consumers show up in droves once the Vision Pro is at a more convenient starting price. 2. A booming services business The good news for those concerned about the short-term prospects of the Vision Pro is that Apple's growing services business is gradually allowing it to lean less on product sales. Digital subscription platforms like Apple TV+, Music, Fitness+, News+, and more have seen the company's services business become its second-highest earning segment. In fiscal 2022, services reported revenue growth of 14%, double that of the iPhone (its largest earning segment). Meanwhile, the digital nature of the business allows for lucrative profit margins, with the segment hitting 72% last year. Comparatively, products' profit margins came in at 36%. Moreover, Apple is gradually expanding its services into the fintech arena. In 2019, the company launched its first credit card. Then this year, the iPhone company introduced a buy now, pay later program and a new savings account. Apple's expansion beyond physical products diversifies its business and strengthens earnings in the event of short-term headwinds, such as supply chain issues or reductions in consumer spending. 3. A better value than its competitors Despite being home to the world's highest market cap at $2.9 trillion, Apple's stock is still a better value than most of its competitors. The chart below illustrates how the company has the lowest price-to-earnings (P/E) ratio among fellow tech giants like Amazon, Microsoft, and Meta. While a P/E ratio of 31 doesn't represent a massive bargain, it still indicates Apple is trading at the best value compared to these companies. Data by YCharts. Moreover, Apple's price-to-free-cash-flow ratio of 30 is the lowest among these tech giants, which could suggest it is also in the best financial standing. Apple shares have risen 292% in the last five years alone. Its history of reliable gains alongside consistent demand for its products makes it one of the best stocks to hold indefinitely. So if you're looking to add a new tech stock, Apple shares are worth considering while they're trading at a better value than the competition. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com, Apple, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after unveiling its long-awaited, virtual/augmented reality (VR/AR) headset, the Vision Pro. Alongside Apple's full range of popular apps like Facetime and Messages, the headset could be unstoppable against industry competitors like Meta and Sony. In the meantime, Apple will need to push its VR/AR technology forward to boost hype so that consumers show up in droves once the Vision Pro is at a more convenient starting price.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after unveiling its long-awaited, virtual/augmented reality (VR/AR) headset, the Vision Pro. However, even without the growth prospects of the Vision Pro, Apple's stock is too good to pass up. A booming services business The good news for those concerned about the short-term prospects of the Vision Pro is that Apple's growing services business is gradually allowing it to lean less on product sales.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after unveiling its long-awaited, virtual/augmented reality (VR/AR) headset, the Vision Pro. However, even without the growth prospects of the Vision Pro, Apple's stock is too good to pass up. It could take years for the Vision Pro to boost earnings In true Apple fashion, the Vision Pro has taken leaps in innovation, introducing features never before seen in competing headsets.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after unveiling its long-awaited, virtual/augmented reality (VR/AR) headset, the Vision Pro. A booming services business The good news for those concerned about the short-term prospects of the Vision Pro is that Apple's growing services business is gradually allowing it to lean less on product sales. Digital subscription platforms like Apple TV+, Music, Fitness+, News+, and more have seen the company's services business become its second-highest earning segment.
15253.0	2023-06-21 00:00:00 UTC	Better Buy: Oracle vs. Broadcom	AAPL	https://www.nasdaq.com/articles/better-buy%3A-oracle-vs.-broadcom	nan	nan	Oracle (NYSE: ORCL) and Broadcom (NASDAQ: AVGO) are often considered blue-chip tech stocks that are owned for stability instead of growth. Yet both stocks soared over the past year, and are now hovering near their all-time highs. Over the past 12 months, Oracle's stock surged 85% as it impressed investors with the robust growth of its cloud-based services. Broadcom's stock advanced 74% as its semiconductor and infrastructure software divisions continued to grow in a difficult macro environment. Should investors touch either of these tech stocks after those massive rallies? Image source: Getty Images. Oracle is generating stable growth again Oracle is one of the world's largest database software companies. But by the end of the previous decade, its growth stalled as competing cloud-based services gradually curbed the market's demand for its on-premise software. To keep pace with that shift, Oracle acquired cloud software giant NetSuite in 2016, expanded its own cloud infrastructure platform, and rolled out new cloud-based enterprise resourcing planning (ERP) services like Fusion. That cloud-based transformation reduced Oracle's dependence on on-premise software and lit a fire under its revenue again. The company further expanded its cloud business by acquiring the healthcare IT software company Cerner for $28 billion last June. But even as Oracle evolved and expanded, it still generated plenty of cash for its buybacks and dividends. It bought back 32% of its shares over the past five years, and currently pays a forward yield of 1.3%. For fiscal 2023 (which ended on May 31), Oracle's revenue rose 7% on an organic basis (excluding Cerner) as its adjusted EPS grew 4%. That growth was largely driven by cloud services revenue, which rose 50% and accounted for 32% of its top line. For fiscal 2024, analysts expect Oracle's revenue and adjusted EPS to both grow about 8% as it fully laps its acquisition of Cerner. Based on those estimates, Oracle's stock doesn't seem too expensive at 23 times forward earnings. Broadcom is still expanding Back in 2016, the Singapore-based chipmaker Avago acquired the original Broadcom, assumed its name, and relocated its headquarters to the United States. This "new" Broadcom subsequently expanded into the infrastructure software market by acquiring CA Technologies in 2018 and Symantec's enterprise security division in 2019. In fiscal 2022 (which ended last October), Broadcom generated 78% of its revenue from its semiconductor segment, which produces a wide range of chips for the mobile, data center, networking, wireless, storage, and industrial markets. The remaining 22% came from its infrastructure software business, which it's trying to expand again with the planned acquisition of the cloud software giant Vmware (NYSE: VMW) for $61 billion. If that deal is approved, Broadcom expects its infrastructure software business to account for just half its top line and reduce its exposure to the cyclical chip market. That diversification is important, because Broadcom generated 20% of its revenue from Apple (NASDAQ: AAPL), the largest buyer of its wireless chips, in fiscal 2022. Apple recently signed another multibillion dollar deal with Broadcom which will last a few more years, but there's still a lingering fear that Apple will eventually replace Broadcom's chips with its own silicon. In fiscal 2022, Broadcom's revenue and adjusted EPS rose 21% and 34%, respectively. In fiscal 2023, analysts expect its revenue to dip 2% as the mobile and IT infrastructure markets cool, but for its adjusted EPS to still grow 2%. Broadcom plows most of its cash into investments and acquisitions instead of buybacks, but it still pays an attractive forward yield of 2.1%. Its stock also still looks reasonably valued at 21 times forward earnings. The winner: Oracle I believe both of these blue-chip tech stocks are still worth buying at their all-time highs. But if I had to choose one over the other, I'd stick with Oracle -- its growth rates are more predictable, its business less cyclical, and it carefully balances its buybacks with smart acquisitions. Broadcom should also continue to grow, but its heavy dependence on Apple, exposure to the macro headwinds across the semiconductor sector, and the regulatory challenges facing its planned takeover of Vmware could limit its near-term gains and prevent it from outperforming Oracle over the next 12 months. 10 stocks we like better than Oracle When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Oracle wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Leo Sun has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool recommends Broadcom and VMware. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	That diversification is important, because Broadcom generated 20% of its revenue from Apple (NASDAQ: AAPL), the largest buyer of its wireless chips, in fiscal 2022. In fiscal 2022 (which ended last October), Broadcom generated 78% of its revenue from its semiconductor segment, which produces a wide range of chips for the mobile, data center, networking, wireless, storage, and industrial markets. If that deal is approved, Broadcom expects its infrastructure software business to account for just half its top line and reduce its exposure to the cyclical chip market.	That diversification is important, because Broadcom generated 20% of its revenue from Apple (NASDAQ: AAPL), the largest buyer of its wireless chips, in fiscal 2022. To keep pace with that shift, Oracle acquired cloud software giant NetSuite in 2016, expanded its own cloud infrastructure platform, and rolled out new cloud-based enterprise resourcing planning (ERP) services like Fusion. The company further expanded its cloud business by acquiring the healthcare IT software company Cerner for $28 billion last June.	That diversification is important, because Broadcom generated 20% of its revenue from Apple (NASDAQ: AAPL), the largest buyer of its wireless chips, in fiscal 2022. Oracle (NYSE: ORCL) and Broadcom (NASDAQ: AVGO) are often considered blue-chip tech stocks that are owned for stability instead of growth. To keep pace with that shift, Oracle acquired cloud software giant NetSuite in 2016, expanded its own cloud infrastructure platform, and rolled out new cloud-based enterprise resourcing planning (ERP) services like Fusion.	That diversification is important, because Broadcom generated 20% of its revenue from Apple (NASDAQ: AAPL), the largest buyer of its wireless chips, in fiscal 2022. This "new" Broadcom subsequently expanded into the infrastructure software market by acquiring CA Technologies in 2018 and Symantec's enterprise security division in 2019. If that deal is approved, Broadcom expects its infrastructure software business to account for just half its top line and reduce its exposure to the cyclical chip market.
15254.0	2023-06-21 00:00:00 UTC	3 Stocks Warren Buffett Is Buying Hand Over Fist That Other Billionaires Are Selling	AAPL	https://www.nasdaq.com/articles/3-stocks-warren-buffett-is-buying-hand-over-fist-that-other-billionaires-are-selling	nan	nan	If billionaire Warren Buffett's nearly six decades in the CEO chair of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) have proved anything, it's that he has a knack for building wealth. Berkshire Hathaway's Class A shares (BRK.A) have doubled up the annualized total return, including dividends, of the benchmark S&P 500 since the mid-1960s (19.8% vs. 9.9%). But just because billionaires find success on Wall Street, it doesn't mean they'll all see eye to eye. Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool. Since the start of 2023, Buffett and his investing lieutenants (Todd Combs and Ted Weschler) have bought more than a half-dozen stocks for Berkshire's nearly $354 billion investment portfolio. But while Buffett has been buying, other billionaire money managers have been selling. Here are three stocks Buffett is quite enamored with that have other billionaires heading for the exit. Apple One stock Warren Buffett absolutely can't get enough of is Apple (NASDAQ: AAPL), which he dubbed as a "better business than any we own" during Berkshire Hathaway's annual shareholder meeting. During the first quarter, 13F filings show that Buffett's company added more than 20.4 million shares of the tech giant, which increased Berkshire's position to almost 915.6 million shares. However, most billionaire investors were lightening their load on Apple to begin 2023. All told, five billionaire investors were busy selling as Buffett and his team were buying, including: Ken Fisher at Fisher Asset Management Jim Simons at Renaissance Technologies Ken Griffin at Citadel Advisors Israel Englander at Millennium Management Jeff Yass at Susquehanna International In the same orders as they've been listed above, these billionaires dumped approximately 7.52 million shares, 7.09 million shares, 5.12 million shares, 2.22 million shares, and 1.1 million shares of Apple in the March-ended quarter. The likeliest reason we've seen a number of prominent billionaire fund managers head for the exit is Apple's valuation. Even with historically high inflation as a tailwind, modest sales of the iPhone 14 and weaker personal computer sales of Apple's Mac are expected to result in Apple's fiscal 2023 sales and profits declining by a low-single-digit percentage. Whereas Apple had pretty consistently been valued in the low-to-mid-teens, with regard to its price-to-earnings ratio, between 2013 and 2018, investors are now paying 31 times Wall Street's consensus earnings in fiscal 2023 for a company that isn't growing. On the flipside, Apple has, historically, led with its innovation. Apple's steadily growing services segment could eventually overtake iPhone as the company's biggest breadwinner. Furthermore, Apple's capital-return program is unmatched. While it's dividend yield is nothing to look at, its nominal-dollar annual payout is one of the biggest in the world. Additionally, the company has repurchased $586 billion worth of its common stock over the last 10 years. Occidental Petroleum A second stock the Oracle of Omaha has been buying hand over fist for Berkshire Hathaway's investment portfolio that other billionaire investors aren't too keen on is oil stock Occidental Petroleum (NYSE: OXY). Since the start of 2022, Buffett and his lieutenants have built up Berkshire's common stock position in Occidental to just shy of 222 million shares. But based on Form 13Fs filed with the Securities and Exchange Commission in the first quarter, three billionaires were active sellers of Occidental stock, including: Ken Griffin of Citadel Advisors Jim Simons of Renaissance Technologies Steven Cohen of Point72 Asset Management Griffin's fund dumped roughly 2.63 million shares; Simons' fund sold its entire 2.43-million-share stake; and Cohen's Point72 jettisoned close to 1.3 million shares of Occidental Petroleum. There look to be two reasons why we're seeing this divergence in outlooks between Warren Buffett and other billionaire investors. First, there's Occidental's revenue stream. Even though it's an integrated operator -- i.e., it owns downstream assets, such as chemical plants, in addition to being a driller -- the company generates the bulk of its revenue from drilling. If the spot price of West Texas Intermediate (WTI) oil declines, Occidental's operating cash flow will be more vulnerable than most other drillers. The other concern looks to be Occidental's balance sheet. Even with WTI surging in 2022, which allowed the company to pay down some of its debt, Occidental still closed out March 2023 with $19.6 billion in net debt. The upside that Warren Buffett and his team likely see in Occidental Petroleum has to do with the globally challenged energy supply chain. Russia's invasion of Ukraine, combined with three years of capital underinvestment due to pandemic-related uncertainties, should make it difficult to increase global oil supply anytime soon. A market where the supply for oil is constrained is usually positive for the spot price of crude oil -- and, as noted, Occidental's operating cash flow is heavily weighted to its higher-margin drilling segment. Image source: Getty Images. Paramount Global The third stock Warren Buffett has been buying hand over fist while other billionaire investors are selling is legacy media company Paramount Global (NASDAQ: PARA). Berkshire Hathaway added a modest 93,786 shares of Paramount in the March-ended quarter, which brought its stake up to roughly 93.73 million shares. As Buffett and his team have been mashing the buy button, three of the brightest billionaire money managers on Wall Street have been reducing their positions in Paramount, including: Jim Simons of Renaissance Technologies Ken Griffin of Citadel Advisors Israel Englander of Millennium Management In order, Simons, Griffin, and Englander oversaw the sale of approximately 2.87 million shares, 2.31 million shares, and 2.17 million shares of Paramount Global stock in the March-ended quarter. If you're looking for a reason to be pessimistic about Paramount, ad spending is the elephant in the room. The traditional TV segments of legacy media companies are still notably reliant on advertising revenue. However, ad spending has been paring back for more than a year in anticipation of a weaker economic outlook caused by rapidly rising interest rates. The other potential cause of concern could be Paramount's sizable direct-to-consumer losses. Despite rapidly growing the subscriber base of Paramount+ and even seeing ad revenue surge by a double-digit percentage in its streaming segment, mounting losses have fundamentally focused investors worried. There is, however, a potential light at the end of the tunnel for Paramount. In addition to Paramount+ steadily adding subscribers, Pluto TV reached 80 million monthly active users in the March-ended quarter. Pluto TV is the nation's No. 1 free, ad-supported streaming service. If U.S. economic growth were to derail, Pluto TV is where viewers may turn. Among Buffett's top buys of late, Paramount Global is, to me, the most attractive of the bunch. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Berkshire Hathaway. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple One stock Warren Buffett absolutely can't get enough of is Apple (NASDAQ: AAPL), which he dubbed as a "better business than any we own" during Berkshire Hathaway's annual shareholder meeting. Whereas Apple had pretty consistently been valued in the low-to-mid-teens, with regard to its price-to-earnings ratio, between 2013 and 2018, investors are now paying 31 times Wall Street's consensus earnings in fiscal 2023 for a company that isn't growing. But based on Form 13Fs filed with the Securities and Exchange Commission in the first quarter, three billionaires were active sellers of Occidental stock, including: Ken Griffin of Citadel Advisors Jim Simons of Renaissance Technologies Steven Cohen of Point72 Asset Management Griffin's fund dumped roughly 2.63 million shares; Simons' fund sold its entire 2.43-million-share stake; and Cohen's Point72 jettisoned close to 1.3 million shares of Occidental Petroleum.	Apple One stock Warren Buffett absolutely can't get enough of is Apple (NASDAQ: AAPL), which he dubbed as a "better business than any we own" during Berkshire Hathaway's annual shareholder meeting. All told, five billionaire investors were busy selling as Buffett and his team were buying, including: Ken Fisher at Fisher Asset Management Jim Simons at Renaissance Technologies Ken Griffin at Citadel Advisors Israel Englander at Millennium Management Jeff Yass at Susquehanna International In the same orders as they've been listed above, these billionaires dumped approximately 7.52 million shares, 7.09 million shares, 5.12 million shares, 2.22 million shares, and 1.1 million shares of Apple in the March-ended quarter. But based on Form 13Fs filed with the Securities and Exchange Commission in the first quarter, three billionaires were active sellers of Occidental stock, including: Ken Griffin of Citadel Advisors Jim Simons of Renaissance Technologies Steven Cohen of Point72 Asset Management Griffin's fund dumped roughly 2.63 million shares; Simons' fund sold its entire 2.43-million-share stake; and Cohen's Point72 jettisoned close to 1.3 million shares of Occidental Petroleum.	Apple One stock Warren Buffett absolutely can't get enough of is Apple (NASDAQ: AAPL), which he dubbed as a "better business than any we own" during Berkshire Hathaway's annual shareholder meeting. All told, five billionaire investors were busy selling as Buffett and his team were buying, including: Ken Fisher at Fisher Asset Management Jim Simons at Renaissance Technologies Ken Griffin at Citadel Advisors Israel Englander at Millennium Management Jeff Yass at Susquehanna International In the same orders as they've been listed above, these billionaires dumped approximately 7.52 million shares, 7.09 million shares, 5.12 million shares, 2.22 million shares, and 1.1 million shares of Apple in the March-ended quarter. But based on Form 13Fs filed with the Securities and Exchange Commission in the first quarter, three billionaires were active sellers of Occidental stock, including: Ken Griffin of Citadel Advisors Jim Simons of Renaissance Technologies Steven Cohen of Point72 Asset Management Griffin's fund dumped roughly 2.63 million shares; Simons' fund sold its entire 2.43-million-share stake; and Cohen's Point72 jettisoned close to 1.3 million shares of Occidental Petroleum.	Apple One stock Warren Buffett absolutely can't get enough of is Apple (NASDAQ: AAPL), which he dubbed as a "better business than any we own" during Berkshire Hathaway's annual shareholder meeting. Occidental Petroleum A second stock the Oracle of Omaha has been buying hand over fist for Berkshire Hathaway's investment portfolio that other billionaire investors aren't too keen on is oil stock Occidental Petroleum (NYSE: OXY). There look to be two reasons why we're seeing this divergence in outlooks between Warren Buffett and other billionaire investors.
15255.0	2023-06-20 00:00:00 UTC	Got $10,000? Here Are 3 Stocks to Buy	AAPL	https://www.nasdaq.com/articles/got-%2410000-here-are-3-stocks-to-buy	nan	nan	There is no better time to invest than now, as the saying goes. Starting as soon as you can ensures that you not only compound your wealth over time, but also start accumulating a dividend stream that will provide you with useful passive income. Rather than segregate investors into either growth or income, I believe you can enjoy the best of both worlds by setting up your investment portfolio with a healthy mix of each type of stock. You should adhere to a set of criteria when choosing suitable stocks for your portfolio. Companies should have a strong brand or competitive moat ensuring they can continue to draw customers. They should also possess a long growth runway and be innovative in launching new products and services that generate customer loyalty. It also does not hurt if a company has a strong track record of growing its dividends as this means it can likely continue doing so. So if you have $10,000 to spare, here are three stocks you might want to consider accumulating. Image source: Getty images. Apple Apple (NASDAQ: AAPL) needs no introduction -- it's a pioneer in the smartphone industry armed with a plethora of useful gadgets and devices that many cannot do without. Its iconic iPhone, iPad, and Apple Watch have set the standard for many competitors, and the company has a large and loyal following of customers that eagerly await each new product launch. Despite being a trillion-dollar company, Apple posted revenue growth of 7.8% year over year for its fiscal 2022, along with a 5.4% year-over-year increase in net income. For the first six months of fiscal 2023, Apple posted a rare 4.2% year-over-year revenue decline, with net income slipping by 9.2% year over year to $54.2 billion. The drop was because of supply chain woes amid the U.S.-China spat, but many investors believe that this is merely a blip for the company. Despite the weaker numbers, there is now palpable excitement over Apple as the company launches its first major piece of hardware in nearly a decade, the Vision Pro. The new headset promises to blend the real and virtual worlds using a mix of virtual and augmented reality, and promises a new level of immersion and clarity, all with a price tag of $3,500. Apple is also thinking of shifting around 18% of its global iPhone production to India by 2025, reducing its reliance on China and possibly enjoying better margins as costs are lower in India compared with China. Meanwhile, investors can also enjoy quarterly dividends fof $0.24 per share, a slight year-over-year increase from the $0.23 paid out a year earlier. Polaris Polaris (NYSE: PII) is a manufacturer of power sports vehicles, such as off-road vehicles, snowmobiles, and motorcycles. The company has remained resilient through the pandemic as its vehicles continue to find a ready market. Sales rose from $7 billion in 2020 to $8.6 billion in 2020, with net income (excluding exceptional and one-off items) climbing from $504 million to $589.7 million over the same period. Polaris demonstrated continued growth for the first quarter of 2023, with sales rising by 22.4% year over year to $2.2 billion and net income surging by 53% year over year to $113.4 million. It helps that Polaris is a steady dividend payer, having raised its annual payout over 27 consecutive years from just $0.15 back in 1996 to $2.60 in 2023. The recent results saw higher sales volume across all the company's three main divisions, with gross margins also rising in tandem because of better pricing. With Polaris' leadership in the off-road and motorcycle segments, it should continue to see volume growth, and should maintain its premium pricing. New product launches should help maintain interest in its products, and the last two months saw the launch of two lines of lifestyle and performance apparel for its Slingshot and Indian Motorcycle products. Lululemon Lululemon Athletica's (NASDAQ: LULU) portfolio of athleisure apparel caters mostly to gym enthusiasts and yoga practitioners, and the company has a loyal following of customers that are hooked on its cutting-edge designs and technology. The company has seen its revenue and net income improve sharply over the past three years. Revenue for fiscal 2023, ended Jan. 31, clocked in at $8.1 billion, up from $4.4 billion in 2021. Net income (excluding impairments) shot up from $588.9 million to over $1.2 billion over the same period. Lululemon also generated positive free cash flow for all three fiscal years, and its recent first quarter of fiscal 2024 saw revenue jump 24% year over year to $2 billion. There could be more growth to come for the athleisure company. Back in 2019, it unveiled its "Power of Three" five-year strategic growth plan to accelerate growth with three key pillars: product innovation, omnichannel customer experience, and market expansion. The strategy turned out to be extremely successful, with the goals all met two years ahead of time. Lululemon doubled its men's division revenue and its digital revenue proportion, while also quadrupling the revenue share from its international division. The company has now come up with a new five-year growth plan with even more ambitious targets. It plans to once again double its revenue to $12.5 billion in five years with the same achievements in the three pillars that seeded its success over the past three years. These goals may seem lofty, but Lululemon claims that its brand gained more market share than any brand in the adult active apparel industry since 2019. With the company's innovative products and its cult-like following, these objectives look achievable -- and if the business succeeds, investors could be seeing many more years of both top- and bottom-line growth. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Royston Yang has positions in Apple. The Motley Fool has positions in and recommends Apple and Lululemon Athletica. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple Apple (NASDAQ: AAPL) needs no introduction -- it's a pioneer in the smartphone industry armed with a plethora of useful gadgets and devices that many cannot do without. Rather than segregate investors into either growth or income, I believe you can enjoy the best of both worlds by setting up your investment portfolio with a healthy mix of each type of stock. Its iconic iPhone, iPad, and Apple Watch have set the standard for many competitors, and the company has a large and loyal following of customers that eagerly await each new product launch.	Apple Apple (NASDAQ: AAPL) needs no introduction -- it's a pioneer in the smartphone industry armed with a plethora of useful gadgets and devices that many cannot do without. Despite being a trillion-dollar company, Apple posted revenue growth of 7.8% year over year for its fiscal 2022, along with a 5.4% year-over-year increase in net income. For the first six months of fiscal 2023, Apple posted a rare 4.2% year-over-year revenue decline, with net income slipping by 9.2% year over year to $54.2 billion.	Apple Apple (NASDAQ: AAPL) needs no introduction -- it's a pioneer in the smartphone industry armed with a plethora of useful gadgets and devices that many cannot do without. Despite being a trillion-dollar company, Apple posted revenue growth of 7.8% year over year for its fiscal 2022, along with a 5.4% year-over-year increase in net income. Polaris demonstrated continued growth for the first quarter of 2023, with sales rising by 22.4% year over year to $2.2 billion and net income surging by 53% year over year to $113.4 million.	Apple Apple (NASDAQ: AAPL) needs no introduction -- it's a pioneer in the smartphone industry armed with a plethora of useful gadgets and devices that many cannot do without. Rather than segregate investors into either growth or income, I believe you can enjoy the best of both worlds by setting up your investment portfolio with a healthy mix of each type of stock. Polaris demonstrated continued growth for the first quarter of 2023, with sales rising by 22.4% year over year to $2.2 billion and net income surging by 53% year over year to $113.4 million.
15256.0	2023-06-20 00:00:00 UTC	Russia fines Telegram and Viber over war-related content	AAPL	https://www.nasdaq.com/articles/russia-fines-telegram-and-viber-over-war-related-content	nan	nan	June 20 (Reuters) - The companies behind the Telegram and Viber messaging apps were fined by a Moscow court on Tuesday for failing to delete what Russia deems illegal content, Interfax news agency said, including about the war in Ukraine. Dubai-based Telegram was ordered to pay 4 million roubles ($47,525), Interfax said, and the Japanese company behind Viber was fined 1 million roubles. Telegram, founded by Russian-born brothers Pavel and Nikolai Durov in 2013, is hugely popular in Russia where it is used on a daily basis by the Kremlin and defence ministry as well as by journalists, opposition figures, rights groups and millions of ordinary people. TASS news agency said the fine against Telegram was for refusing to remove 32 channels publishing false information about what Russia calls its "special military operation" in Ukraine. Russia has tightened controls over the coverage of the conflict by media and bloggers, introducing tougher punishments after its full-scale invasion of Ukraine last year for "discrediting" the actions of its armed forces or publishing false information about them. It has frequently issued fines against a range of content providers including Google GOODL.O, Twitter TWTR.N, Meta's META.O Facebook and Instagram and this month, for the first time, WhatsApp. TASS reported that the same Moscow court was looking into a case against Apple AAPL.O, also accused of failing to delete illegal content. In a separate case, Wikimedia Foundation, the group behind Wikipedia, was fined 1.5 million roubles on Tuesday, Moscow's Tagansky court said. According to Interfax, the authorities wanted Wikipedia to remove a video on trainsurfing, a practice of catching free rides that is considered illegal and dangerous in many countries. (Reporting by Reuters, Editing by Louise Heavens) ((olzhas.auyezov@thomsonreuters.com; +7 727 2508 500; Reuters Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	TASS reported that the same Moscow court was looking into a case against Apple AAPL.O, also accused of failing to delete illegal content. June 20 (Reuters) - The companies behind the Telegram and Viber messaging apps were fined by a Moscow court on Tuesday for failing to delete what Russia deems illegal content, Interfax news agency said, including about the war in Ukraine. Telegram, founded by Russian-born brothers Pavel and Nikolai Durov in 2013, is hugely popular in Russia where it is used on a daily basis by the Kremlin and defence ministry as well as by journalists, opposition figures, rights groups and millions of ordinary people.	TASS reported that the same Moscow court was looking into a case against Apple AAPL.O, also accused of failing to delete illegal content. June 20 (Reuters) - The companies behind the Telegram and Viber messaging apps were fined by a Moscow court on Tuesday for failing to delete what Russia deems illegal content, Interfax news agency said, including about the war in Ukraine. Dubai-based Telegram was ordered to pay 4 million roubles ($47,525), Interfax said, and the Japanese company behind Viber was fined 1 million roubles.	TASS reported that the same Moscow court was looking into a case against Apple AAPL.O, also accused of failing to delete illegal content. June 20 (Reuters) - The companies behind the Telegram and Viber messaging apps were fined by a Moscow court on Tuesday for failing to delete what Russia deems illegal content, Interfax news agency said, including about the war in Ukraine. Dubai-based Telegram was ordered to pay 4 million roubles ($47,525), Interfax said, and the Japanese company behind Viber was fined 1 million roubles.	TASS reported that the same Moscow court was looking into a case against Apple AAPL.O, also accused of failing to delete illegal content. June 20 (Reuters) - The companies behind the Telegram and Viber messaging apps were fined by a Moscow court on Tuesday for failing to delete what Russia deems illegal content, Interfax news agency said, including about the war in Ukraine. TASS news agency said the fine against Telegram was for refusing to remove 32 channels publishing false information about what Russia calls its "special military operation" in Ukraine.
15257.0	2023-06-20 00:00:00 UTC	After Hours Most Active for Jun 20, 2023 : V, TAL, AMZN, AAPL, QQQ, CSCO, F, INTC, DFS, USB, TSLA, RLJ	AAPL	https://www.nasdaq.com/articles/after-hours-most-active-for-jun-20-2023-%3A-v-tal-amzn-aapl-qqq-csco-f-intc-dfs-usb-tsla-rlj	nan	nan	The NASDAQ 100 After Hours Indicator is up .75 to 15,070.9. The total After hours volume is currently 102,905,549 shares traded. The following are the most active stocks for the after hours session: Visa Inc. (V) is -0.4479 at $226.02, with 5,227,134 shares traded. As reported by Zacks, the current mean recommendation for V is in the "buy range". TAL Education Group (TAL) is -0.01 at $5.82, with 4,576,695 shares traded. TAL's current last sale is 93.87% of the target price of $6.2. Amazon.com, Inc. (AMZN) is +0.21 at $125.99, with 4,107,159 shares traded. As reported by Zacks, the current mean recommendation for AMZN is in the "buy range". Apple Inc. (AAPL) is -0.19 at $184.82, with 3,656,629 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Invesco QQQ Trust, Series 1 (QQQ) is +0.03 at $366.93, with 3,471,593 shares traded. This represents a 44.31% increase from its 52 Week Low. Cisco Systems, Inc. (CSCO) is unchanged at $51.55, with 3,203,317 shares traded. CSCO's current last sale is 93.73% of the target price of $55. Ford Motor Company (F) is unchanged at $14.22, with 2,976,159 shares traded. F's current last sale is 107.73% of the target price of $13.2. Intel Corporation (INTC) is unchanged at $35.00, with 2,849,475 shares traded. INTC's current last sale is 114.75% of the target price of $30.5. Discover Financial Services (DFS) is unchanged at $115.53, with 2,630,094 shares traded. DFS's current last sale is 96.28% of the target price of $120. U.S. Bancorp (USB) is unchanged at $33.58, with 2,436,449 shares traded. USB's current last sale is 76.32% of the target price of $44. Tesla, Inc. (TSLA) is +2.88 at $277.33, with 2,264,126 shares traded. TSLA's current last sale is 135.28% of the target price of $205. RLJ Lodging Trust (RLJ) is +0.005 at $9.98, with 2,097,162 shares traded. RLJ's current last sale is 66.53% of the target price of $15. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Apple Inc. (AAPL) is -0.19 at $184.82, with 3,656,629 shares traded. As reported by Zacks, the current mean recommendation for AMZN is in the "buy range".	As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Apple Inc. (AAPL) is -0.19 at $184.82, with 3,656,629 shares traded. TAL's current last sale is 93.87% of the target price of $6.2.	Apple Inc. (AAPL) is -0.19 at $184.82, with 3,656,629 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The total After hours volume is currently 102,905,549 shares traded.	Apple Inc. (AAPL) is -0.19 at $184.82, with 3,656,629 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The NASDAQ 100 After Hours Indicator is up .75 to 15,070.9.
15258.0	2023-06-20 00:00:00 UTC	Dow Analyst Moves: AAPL	AAPL	https://www.nasdaq.com/articles/dow-analyst-moves%3A-aapl-5	nan	nan	The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #9 analyst pick. Apple also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #122 spot out of 500. Looking at the stock price movement year to date, Apple is showing a gain of 42.6%. VIDEO: Dow Analyst Moves: AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	VIDEO: Dow Analyst Moves: AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #9 analyst pick. Apple also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #122 spot out of 500.	VIDEO: Dow Analyst Moves: AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #9 analyst pick. Apple also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #122 spot out of 500.	VIDEO: Dow Analyst Moves: AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #9 analyst pick. Apple also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #122 spot out of 500.	VIDEO: Dow Analyst Moves: AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #9 analyst pick. Apple also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #122 spot out of 500.
15259.0	2023-06-20 00:00:00 UTC	iShares Core S&P 500 ETF Experiences Big Inflow	AAPL	https://www.nasdaq.com/articles/ishares-core-sp-500-etf-experiences-big-inflow-4	nan	nan	Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $3.8 billion dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 740,150,000 to 748,650,000). Among the largest underlying components of IVV, in trading today Apple Inc (Symbol: AAPL) is down about 0.1%, Microsoft Corporation (Symbol: MSFT) is down about 1.7%, and Amazon.com Inc (Symbol: AMZN) is lower by about 0.3%. For a complete list of holdings, visit the IVV Holdings page » The chart below shows the one year price performance of IVV, versus its 200 day moving average: Looking at the chart above, IVV's low point in its 52 week range is $349.53 per share, with $445.4801 as the 52 week high point — that compares with a last trade of $437.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » Also see: LJPC market cap history TCON shares outstanding history CMO YTD Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Among the largest underlying components of IVV, in trading today Apple Inc (Symbol: AAPL) is down about 0.1%, Microsoft Corporation (Symbol: MSFT) is down about 1.7%, and Amazon.com Inc (Symbol: AMZN) is lower by about 0.3%. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.	Among the largest underlying components of IVV, in trading today Apple Inc (Symbol: AAPL) is down about 0.1%, Microsoft Corporation (Symbol: MSFT) is down about 1.7%, and Amazon.com Inc (Symbol: AMZN) is lower by about 0.3%. For a complete list of holdings, visit the IVV Holdings page » The chart below shows the one year price performance of IVV, versus its 200 day moving average: Looking at the chart above, IVV's low point in its 52 week range is $349.53 per share, with $445.4801 as the 52 week high point — that compares with a last trade of $437.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».	Among the largest underlying components of IVV, in trading today Apple Inc (Symbol: AAPL) is down about 0.1%, Microsoft Corporation (Symbol: MSFT) is down about 1.7%, and Amazon.com Inc (Symbol: AMZN) is lower by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $3.8 billion dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 740,150,000 to 748,650,000). For a complete list of holdings, visit the IVV Holdings page » The chart below shows the one year price performance of IVV, versus its 200 day moving average: Looking at the chart above, IVV's low point in its 52 week range is $349.53 per share, with $445.4801 as the 52 week high point — that compares with a last trade of $437.44.	Among the largest underlying components of IVV, in trading today Apple Inc (Symbol: AAPL) is down about 0.1%, Microsoft Corporation (Symbol: MSFT) is down about 1.7%, and Amazon.com Inc (Symbol: AMZN) is lower by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $3.8 billion dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 740,150,000 to 748,650,000). For a complete list of holdings, visit the IVV Holdings page » The chart below shows the one year price performance of IVV, versus its 200 day moving average: Looking at the chart above, IVV's low point in its 52 week range is $349.53 per share, with $445.4801 as the 52 week high point — that compares with a last trade of $437.44.
15260.0	2023-06-20 00:00:00 UTC	Spotify plans more expensive subscription tier - Bloomberg News	AAPL	https://www.nasdaq.com/articles/spotify-plans-more-expensive-subscription-tier-bloomberg-news	nan	nan	Updates to say Spotify declined to comment June 20 (Reuters) - Music streaming platform Spotify Technology SPOT.N is planning to roll out a more premium subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday, citing people familiar with the matter. The new tier, called "Supremium" internally, will be the company's most expensive plan and will launch this year in non-US markets first, according to the report. To bolster its current premium tier, Spotify will give subscribers expanded access to audiobooks, either through a specific number of hours free per month or a specific number of titles, Bloomberg reported. The company plans to introduce that feature in the United States in October, after first launching in markets abroad, the report added. Spotify declined to comment. In the United States, the company's premium account for individuals is priced at $9.99 per month, while a family account with six users is at $15.99 a month. Spotify, which competes with rival services from Apple AAPL.Oand Amazon.com AMZN.O, has been trying to grow its number of paying subscribers by rolling out a range of audio-focused services such as the HiFi feature, which upgrades the sound quality of the songs to "lossless" CD-quality music. (Reporting by Chavi Mehta in Bengaluru; Editing by Shailesh Kuber and Anil D'Silva) ((Chavi.Mehta@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Spotify, which competes with rival services from Apple AAPL.Oand Amazon.com AMZN.O, has been trying to grow its number of paying subscribers by rolling out a range of audio-focused services such as the HiFi feature, which upgrades the sound quality of the songs to "lossless" CD-quality music. Updates to say Spotify declined to comment June 20 (Reuters) - Music streaming platform Spotify Technology SPOT.N is planning to roll out a more premium subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday, citing people familiar with the matter. The new tier, called "Supremium" internally, will be the company's most expensive plan and will launch this year in non-US markets first, according to the report.	Spotify, which competes with rival services from Apple AAPL.Oand Amazon.com AMZN.O, has been trying to grow its number of paying subscribers by rolling out a range of audio-focused services such as the HiFi feature, which upgrades the sound quality of the songs to "lossless" CD-quality music. Updates to say Spotify declined to comment June 20 (Reuters) - Music streaming platform Spotify Technology SPOT.N is planning to roll out a more premium subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday, citing people familiar with the matter. To bolster its current premium tier, Spotify will give subscribers expanded access to audiobooks, either through a specific number of hours free per month or a specific number of titles, Bloomberg reported.	Spotify, which competes with rival services from Apple AAPL.Oand Amazon.com AMZN.O, has been trying to grow its number of paying subscribers by rolling out a range of audio-focused services such as the HiFi feature, which upgrades the sound quality of the songs to "lossless" CD-quality music. Updates to say Spotify declined to comment June 20 (Reuters) - Music streaming platform Spotify Technology SPOT.N is planning to roll out a more premium subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday, citing people familiar with the matter. To bolster its current premium tier, Spotify will give subscribers expanded access to audiobooks, either through a specific number of hours free per month or a specific number of titles, Bloomberg reported.	Spotify, which competes with rival services from Apple AAPL.Oand Amazon.com AMZN.O, has been trying to grow its number of paying subscribers by rolling out a range of audio-focused services such as the HiFi feature, which upgrades the sound quality of the songs to "lossless" CD-quality music. Updates to say Spotify declined to comment June 20 (Reuters) - Music streaming platform Spotify Technology SPOT.N is planning to roll out a more premium subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday, citing people familiar with the matter. To bolster its current premium tier, Spotify will give subscribers expanded access to audiobooks, either through a specific number of hours free per month or a specific number of titles, Bloomberg reported.
15261.0	2023-06-20 00:00:00 UTC	Stock Market News for Jun 20, 2023	AAPL	https://www.nasdaq.com/articles/stock-market-news-for-jun-20-2023	nan	nan	U.S. stocks ended lower on Friday on a week that saw the Fed putting a halt to interest rate hikes and fresh data that showed easing inflation. All three major indexes ended in negative territory. Friday’s decline, however, didn’t derail the Nasdaq and S&P 500 from extending their weekly gains. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) declined 0.3% or 108.94 points to finish at 34,299.12 points. The S&P 500 slid 0.4% or 16.25 points to close at 4,409.59 points. Technology and communication services stocks were the worst performers. The Technology Select Sector SPDR (XLK) and the Communication Services Select Sector SPDR (XLC) each declined 0.8%. The Utilities Select Sector SPDR (XLU) gained 0.5%. Eight of the 11 sectors of the benchmark index ended in negative territory. The tech-heavy Nasdaq slipped 0.7% or 93.25 points to end at 12,689.57 points. The fear-gauge CBOE Volatility Index (VIX) was down 6.62% to 13.54. Investors Weigh Remarks from Fed Officials Stocks ended slightly lower on Friday to wrap up an eventful week that saw the Fed finally putting a pause on interest rate hikes after 10 straight increases over the past year. This came as inflation data also showed signs of easing. Data released on Jun 13 showed the Consumer Price Index (CPI) eased in May to a rate of 4% on a year-over-year basis, the lowest level since March 2021. Impressive inflation data and a halt in interest rate hikes lifted investors’ sentiment that saw stocks rally earlier in the week. However, the Fed said that two more interest rate hikes might follow this year as the central bank continues to bring down inflation to its target level of 2%. On Friday, investors also weighed comments from two Fed officials. Richmond Fed President Tom Barkin said that despite signs of easing, inflation is still elevated and he needs to be convinced that inflation should slow at a faster pace in the near term before he could back an end to an increase in interest rates. Separately, on the same day, Fed Governor Christopher Waller mentioned that the consequences resulting from a series of bank failures earlier in the year are expected to influence the central bank's decision regarding the extent of interest rate hikes. Tech stocks took a beating on Friday with shares of Apple Inc. (AAPL) declining 0.6%, while Netflix, Inc. (NFLX) fell 3%. Netflix has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Economic Data In economic data released on Friday, an index provided by the University of Michigan showed that consumer sentiment increased to 63.9 in June from May’s reading of 59.2 to hit a four-month high. Consumer sentiment got a boost on slowing signs of inflation and an end to the crucial U.S. debt ceiling fight. Weekly Roundup Upbeat investors’ sentiment saw all three major indexes extending their weekly winning streak. The Dow ended the week 1.2% higher, recording its third straight week of gains. The S&P 500 closed the week up 2.6% to record its fifth consecutive week of gains, and its longest weekly winning run since November 2021. The Nasdaq gained 3.2%, registering its eighth straight week of gains and the longest since March 2019. Free Report: Must-See Hydrogen Stocks Hydrogen fuel cells are already used to provide efficient, ultra-clean energy to buses, ships and even hospitals. This technology is on the verge of a massive breakthrough, one that could make hydrogen a major source of America's power. It could even totally revolutionize the EV industry. Zacks has released a special report revealing the 4 stocks experts believe will deliver the biggest gains. Download Cashing In on Cleaner Energy today, absolutely free. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Tech stocks took a beating on Friday with shares of Apple Inc. (AAPL) declining 0.6%, while Netflix, Inc. (NFLX) fell 3%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report To read this article on Zacks.com click here. U.S. stocks ended lower on Friday on a week that saw the Fed putting a halt to interest rate hikes and fresh data that showed easing inflation.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report To read this article on Zacks.com click here. Tech stocks took a beating on Friday with shares of Apple Inc. (AAPL) declining 0.6%, while Netflix, Inc. (NFLX) fell 3%. U.S. stocks ended lower on Friday on a week that saw the Fed putting a halt to interest rate hikes and fresh data that showed easing inflation.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report To read this article on Zacks.com click here. Tech stocks took a beating on Friday with shares of Apple Inc. (AAPL) declining 0.6%, while Netflix, Inc. (NFLX) fell 3%. U.S. stocks ended lower on Friday on a week that saw the Fed putting a halt to interest rate hikes and fresh data that showed easing inflation.	Tech stocks took a beating on Friday with shares of Apple Inc. (AAPL) declining 0.6%, while Netflix, Inc. (NFLX) fell 3%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report To read this article on Zacks.com click here. U.S. stocks ended lower on Friday on a week that saw the Fed putting a halt to interest rate hikes and fresh data that showed easing inflation.
15262.0	2023-06-20 00:00:00 UTC	Apple (AAPL) Gains As Market Dips: What You Should Know	AAPL	https://www.nasdaq.com/articles/apple-aapl-gains-as-market-dips%3A-what-you-should-know-8	nan	nan	In the latest trading session, Apple (AAPL) closed at $185.01, marking a +0.05% move from the previous day. This change outpaced the S&P 500's 0.47% loss on the day. At the same time, the Dow lost 0.72%, and the tech-heavy Nasdaq lost 5.08%. Coming into today, shares of the maker of iPhones, iPads and other products had gained 6.15% in the past month. In that same time, the Computer and Technology sector gained 8.33%, while the S&P 500 gained 5.36%. Apple will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.18, down 1.67% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $81.17 billion, down 2.16% from the year-ago period. AAPL's full-year Zacks Consensus Estimates are calling for earnings of $5.99 per share and revenue of $384.34 billion. These results would represent year-over-year changes of -1.96% and -2.53%, respectively. Any recent changes to analyst estimates for Apple should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.01% lower. Apple currently has a Zacks Rank of #3 (Hold). Digging into valuation, Apple currently has a Forward P/E ratio of 30.86. This valuation marks a premium compared to its industry's average Forward P/E of 9.27. We can also see that AAPL currently has a PEG ratio of 2.47. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Computer - Mini computers was holding an average PEG ratio of 2.47 at yesterday's closing price. The Computer - Mini computers industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 23% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Free Report: Must-See Hydrogen Stocks Hydrogen fuel cells are already used to provide efficient, ultra-clean energy to buses, ships and even hospitals. This technology is on the verge of a massive breakthrough, one that could make hydrogen a major source of America's power. It could even totally revolutionize the EV industry. Zacks has released a special report revealing the 4 stocks experts believe will deliver the biggest gains. Download Cashing In on Cleaner Energy today, absolutely free. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	In the latest trading session, Apple (AAPL) closed at $185.01, marking a +0.05% move from the previous day. AAPL's full-year Zacks Consensus Estimates are calling for earnings of $5.99 per share and revenue of $384.34 billion. We can also see that AAPL currently has a PEG ratio of 2.47.	In the latest trading session, Apple (AAPL) closed at $185.01, marking a +0.05% move from the previous day. AAPL's full-year Zacks Consensus Estimates are calling for earnings of $5.99 per share and revenue of $384.34 billion. We can also see that AAPL currently has a PEG ratio of 2.47.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Apple (AAPL) closed at $185.01, marking a +0.05% move from the previous day. AAPL's full-year Zacks Consensus Estimates are calling for earnings of $5.99 per share and revenue of $384.34 billion.	In the latest trading session, Apple (AAPL) closed at $185.01, marking a +0.05% move from the previous day. AAPL's full-year Zacks Consensus Estimates are calling for earnings of $5.99 per share and revenue of $384.34 billion. We can also see that AAPL currently has a PEG ratio of 2.47.
15263.0	2023-06-20 00:00:00 UTC	This New Bull Market Has Lasting Power	AAPL	https://www.nasdaq.com/articles/this-new-bull-market-has-lasting-power	nan	nan	I f you blinked you might have missed it: The bear market is over. With a gain of 3.25% for the week, the Nasdaq Composite has now been positive for eight consecutive weeks, driven by the technology surge in tech heavyweights like Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), Meta Platforms (META) and Tesla (TSLA). The latter has gone on an impressive run, closing in the green for 14 of the past 15 days. Meanwhile, the S&P 500 Index gained 2.58% and the Dow Jones Industrial Average added 1.25%. Both indexes have just logged their fifth straight week of positive gains. On a year-to-date basis, the gains are even more pronounced. The Nasdaq has risen 31.8%, compared with a 2022 decline of 34%. The S&P 500 is up 15.31% year to date. The index has risen from 3,500 to 4,450, netting a staggering 27% since the bottom. Meanwhile, the Dow Jones Industrial Average has gained 3.5%. The bulls are now in control of this market. The collective optimism and the reasons for the year-to-date increases are attributed to several factors: Investors have broadly applauded the earnings results that S&P 500 companies have reported for Q1. Look no further than Nvidia, which has soared 198% this year, to help the Nasdaq outpace the S&P 500 and Dow Jones Industrial Average so far in 2023. Nvidia skyrocketed close to 30% after its blowout first quarter earnings results and better-than-expected Q2 guidance. The stock gained $184 billion in one day, vaulting the stock north of a trillion-dollar valuation, passing momentum darlings such as Tesla. It was Nvidia’s Q2 guidance and its proclaimed leading position as an AI chip supplier that got investors excited, guiding for Q2 revenue of $11 billion, crushing estimates for revenue of $8.5 billion. All told, Nvidia has been a major catalyst for the recent surge in both chip stocks and artificial intelligence stocks. In essence, Nvidia’s guidance kicked out the bear market “glass-half-full” mindset or settling for “less bad” results. It has been replaced by strong growth expectations, and companies have delivered. As a result, the market has celebrated strong performers, with many top stocks surging by 50% to 100% and more. Tons of articles are now being written about this bull market, many of which are proclaiming its arrival, while some are questioning whether it can last. Some critics are even calling the rally a fantasy, proclaiming a correction is right around the corner. Part of the argument stems from what some perceive as limited stock participation in the S&P 500’s rally. For example, the top seven mega-cap technology companies currently account for the lion's share of the S&P 500's weight, or roughly 28%. Leading the way is Apple, which has surged close to 50% from its 52-week low. The iPhone maker carries a S&P 500 weighting of 7.5%. Microsoft (MSFT) is next with a weighting of 6.8% after rising near 70% from its bottom. With a weighing of 3.8%, Google parent Alphabet (GOOG , GOOGL) is third after rising near 60% from its 52-week low. Rounding out the next four in order are Amazon (up 61% from its low) with a weighting of 3.1%, the aforementioned Nvidia (weight: 2.9%), Tesla (weight: 1.9%) and Meta Platforms (weight: 1.7%). The latter has surged close to 220% from its bottom. While these arguments are fair to point out, it’s also worth noting that the Fed on Wednesday held interest rates steady for the first time after ten consecutive hikes. I would consider the Fed’s decision the long-awaited pivot we have waited for, if not the start of one. Rising interest rates is what triggered the bear market in 2022, applying pressure on businesses, forcing high growth names to borrow money at higher rates to fund their operations. Stocks got punished due to lack of liquidity. The market is forward-looking: Although the Fed signaled it is not done with the rate hike cycle, investors are nonetheless positioning their portfolios to be on the right side of the pivot, especially amid clearer signs of dampening inflation risk. Combined with the fact that the recessionary risk has receded, this new bull market is likely here to stay. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	With a gain of 3.25% for the week, the Nasdaq Composite has now been positive for eight consecutive weeks, driven by the technology surge in tech heavyweights like Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), Meta Platforms (META) and Tesla (TSLA). The collective optimism and the reasons for the year-to-date increases are attributed to several factors: Investors have broadly applauded the earnings results that S&P 500 companies have reported for Q1. While these arguments are fair to point out, it’s also worth noting that the Fed on Wednesday held interest rates steady for the first time after ten consecutive hikes.	With a gain of 3.25% for the week, the Nasdaq Composite has now been positive for eight consecutive weeks, driven by the technology surge in tech heavyweights like Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), Meta Platforms (META) and Tesla (TSLA). Meanwhile, the S&P 500 Index gained 2.58% and the Dow Jones Industrial Average added 1.25%. It was Nvidia’s Q2 guidance and its proclaimed leading position as an AI chip supplier that got investors excited, guiding for Q2 revenue of $11 billion, crushing estimates for revenue of $8.5 billion.	With a gain of 3.25% for the week, the Nasdaq Composite has now been positive for eight consecutive weeks, driven by the technology surge in tech heavyweights like Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), Meta Platforms (META) and Tesla (TSLA). As a result, the market has celebrated strong performers, with many top stocks surging by 50% to 100% and more. Rounding out the next four in order are Amazon (up 61% from its low) with a weighting of 3.1%, the aforementioned Nvidia (weight: 2.9%), Tesla (weight: 1.9%) and Meta Platforms (weight: 1.7%).	With a gain of 3.25% for the week, the Nasdaq Composite has now been positive for eight consecutive weeks, driven by the technology surge in tech heavyweights like Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), Meta Platforms (META) and Tesla (TSLA). Look no further than Nvidia, which has soared 198% this year, to help the Nasdaq outpace the S&P 500 and Dow Jones Industrial Average so far in 2023. As a result, the market has celebrated strong performers, with many top stocks surging by 50% to 100% and more.
15264.0	2023-06-20 00:00:00 UTC	Nasdaq 100 Surge: Is A Pullback Imminent And How to Prepare?	AAPL	https://www.nasdaq.com/articles/nasdaq-100-surge%3A-is-a-pullback-imminent-and-how-to-prepare	nan	nan	The Invesco QQQ (NASDAQ: QQQ) ETF finished 3.79% higher the week ended June 16, with slight gains following the Federal Reserve’s pause on rate increases. The tech-laden Nasdaq 100 has been an exceptionally strong performer so far in 2023, but after any run-up, a pullback is inevitable as some investors nab some profits. Is a retreat imminent, and how should investors handle it? To address that, let’s look at the Nasdaq 100’s recent returns over several rolling time frames: 1 month: 9.56% 3 months: 15.93% Year-to-date: 26.54% That’s outperformed the S&P 500 in every one of those time frames. Major indexes all pulled back on June 16, and with the market closed on June 19, futures were trading lower. It could be the start of a correction or not. Either way, investors should be prepared for the leaders to give up some gains at some point in the not-so-distant future. Big Techs Still In The Lead In the current environment, with the potential of AI, along with cloud-computing and vehicle electrification, causing what some analysts are considering a bubble, it’s a select group of stocks driving the performance of both the Nasdaq 100 and S&P 500. Those stocks, and their three-month gains, are: Microsoft Corp. (NASDAQ: MSFT): 24.19% Nvidia Corp. (NASDAQ: NVDA): 67.17% Apple Inc. (NASDAQ: AAPL): 18.81% Amazon.com Inc. (NASDAQ: AMZN): 25.44% Alphabet Inc. (NASDAQ: GOOGL): 23.14% Tesla Inc. (NASDAQ: TSLA): 41.50% Meta Platforms Inc. (NASDAQ: META): 37.12% Every single one of those gains, even “laggard” Apple, can’t be sustained indefinitely. Two Common Investor Mistakes Investors tend to make one of two big mistakes after stocks have been rallying for several months. The first mistake is to do “magical thinking,” which in this case means somehow believing a stock or an index can just keep rising and a pullback would be some kind of anomaly. The second mistake is perhaps even worse and results in a big opportunity cost. That mistake is to bail out too early, believing the market is too frothy and a big correction is inevitable. The first mistake is naive; the second happens when people get a little too smart for their own good, usually based on previous situations where they held a stock for too long. How To Prepare For A Pullback Fortunately, there are some ways to handle a normal pullback. In the near term, exercise some caution. If you own any stock that’s posted healthy price gains in the past few months, and there are many, it’s best not to add to that position at this time. Many stocks are extended beyond entry points, which adds the risk of a pullback in the near term. In particular, avoid chasing the hot tech winners of the past few months. If you’ve been reading all about the meteoric rise of Nvidia but feel you’ve missed out, a pullback could very well offer a new buy opportunity. The QQQ ETF, which is a good proxy for the performance of big tech, closed 10.6% above its 50-day moving average on June 16. The SPDR S&P 500 ETF Trust (NYSEARCA: SPY), which is also dominated by tech, but to a lesser degree than the Nasdaq, closed 5.3% above its 50-day line on June 16. That’s also an indication of an index that looks extended. However: Avoid panic selling. Indexes can remain extended longer than logic may dictate. Sure, there are plenty of reports out there suggesting that the current rally is a bubble or “mirage.” Watch what markets are actually doing rather than going by the opinion of even well-respected analysts. After all, celebrity analysts and newsletter writers can be stunningly wrong at times, particularly when it comes to bearish predictions. What May Happen Next Here’s the ideal scenario, and it’s certainly plausible: The Nasdaq could retreat into a mild correction or even post that irritating and frustrating sideways trade for a while. This could help the leading stocks digest some of their gains as institutional investors pare their positions or at least stop adding. New bases, or pullbacks to key moving averages, such as the 50-day or even the shorter-term 21-day line, would offer new buy opportunities for fundamentally strong stocks, expected to continue growing earnings and revenue. There’s always the chance of a steeper correction, which could result in portfolio losses for investors who scooped up these big tech leaders in the past few months. One way to evaluate performance without getting emotional about trades is to have a moving average or percentage decline target as a sell signal. That way, you’re preserving the gains you made and still have the capital to invest another day. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Those stocks, and their three-month gains, are: Microsoft Corp. (NASDAQ: MSFT): 24.19% Nvidia Corp. (NASDAQ: NVDA): 67.17% Apple Inc. (NASDAQ: AAPL): 18.81% Amazon.com Inc. (NASDAQ: AMZN): 25.44% Alphabet Inc. (NASDAQ: GOOGL): 23.14% Tesla Inc. (NASDAQ: TSLA): 41.50% Meta Platforms Inc. (NASDAQ: META): 37.12% Every single one of those gains, even “laggard” Apple, can’t be sustained indefinitely. Big Techs Still In The Lead In the current environment, with the potential of AI, along with cloud-computing and vehicle electrification, causing what some analysts are considering a bubble, it’s a select group of stocks driving the performance of both the Nasdaq 100 and S&P 500. The SPDR S&P 500 ETF Trust (NYSEARCA: SPY), which is also dominated by tech, but to a lesser degree than the Nasdaq, closed 5.3% above its 50-day line on June 16.	Those stocks, and their three-month gains, are: Microsoft Corp. (NASDAQ: MSFT): 24.19% Nvidia Corp. (NASDAQ: NVDA): 67.17% Apple Inc. (NASDAQ: AAPL): 18.81% Amazon.com Inc. (NASDAQ: AMZN): 25.44% Alphabet Inc. (NASDAQ: GOOGL): 23.14% Tesla Inc. (NASDAQ: TSLA): 41.50% Meta Platforms Inc. (NASDAQ: META): 37.12% Every single one of those gains, even “laggard” Apple, can’t be sustained indefinitely. The Invesco QQQ (NASDAQ: QQQ) ETF finished 3.79% higher the week ended June 16, with slight gains following the Federal Reserve’s pause on rate increases. The QQQ ETF, which is a good proxy for the performance of big tech, closed 10.6% above its 50-day moving average on June 16.	Those stocks, and their three-month gains, are: Microsoft Corp. (NASDAQ: MSFT): 24.19% Nvidia Corp. (NASDAQ: NVDA): 67.17% Apple Inc. (NASDAQ: AAPL): 18.81% Amazon.com Inc. (NASDAQ: AMZN): 25.44% Alphabet Inc. (NASDAQ: GOOGL): 23.14% Tesla Inc. (NASDAQ: TSLA): 41.50% Meta Platforms Inc. (NASDAQ: META): 37.12% Every single one of those gains, even “laggard” Apple, can’t be sustained indefinitely. Big Techs Still In The Lead In the current environment, with the potential of AI, along with cloud-computing and vehicle electrification, causing what some analysts are considering a bubble, it’s a select group of stocks driving the performance of both the Nasdaq 100 and S&P 500. Two Common Investor Mistakes Investors tend to make one of two big mistakes after stocks have been rallying for several months.	Those stocks, and their three-month gains, are: Microsoft Corp. (NASDAQ: MSFT): 24.19% Nvidia Corp. (NASDAQ: NVDA): 67.17% Apple Inc. (NASDAQ: AAPL): 18.81% Amazon.com Inc. (NASDAQ: AMZN): 25.44% Alphabet Inc. (NASDAQ: GOOGL): 23.14% Tesla Inc. (NASDAQ: TSLA): 41.50% Meta Platforms Inc. (NASDAQ: META): 37.12% Every single one of those gains, even “laggard” Apple, can’t be sustained indefinitely. Two Common Investor Mistakes Investors tend to make one of two big mistakes after stocks have been rallying for several months. Many stocks are extended beyond entry points, which adds the risk of a pullback in the near term.
15265.0	2023-06-20 00:00:00 UTC	PayPal Has Never Been This Cheap: Is It Time to Buy?	AAPL	https://www.nasdaq.com/articles/paypal-has-never-been-this-cheap%3A-is-it-time-to-buy	nan	nan	Online payments pioneer PayPal (NASDAQ: PYPL) has seen significant growth over the last decade, but you wouldn't know it simply by looking at the stock price. Investors who purchased shares when eBay (NASDAQ: EBAY) spun off PayPal back in 2015 have received a 73% return compared to the 143% they could have had with an S&P 500 Index fund. But the underwhelming stock performance hasn't necessarily been from lackluster financial results; the stock has also seen significant valuation compression. Today, PayPal trades at a 13 times multiple of enterprise value to EBITDA (earnings before interest, taxes, depreciation, and amortization), which is far cheaper than at any other point in the company's public history and well below its average valuation over the years. PYPL EV to EBITDA, data by YCharts. Let's see whether or not this valuation presents a good opportunity to pick up some shares. The PayPal business Before diving into any sort of outlook on the stock, it's probably best to explain what PayPal actually does. While it has acquired many different payments-related businesses over the years, there are three segments that drive the bulk of its revenue. The most important is PayPal-branded checkout. This refers to the actual PayPal button that customers see during the online checkout process. Last year, branded checkout accounted for 30% of PayPal's total payment volume (TPV). But it accounts for a much larger chunk of the company's gross profit thanks to the greater take-rate it brings in. The second most important segment is what the company calls "unbranded processing." This is driven primarily by Braintree, which PayPal acquired for $800 million in 2013. Braintree, which competes with companies like Adyen (OTC: ADYE.Y) and Stripe, is an unbranded payments processor that merchants can easily embed into their online checkout process. It has grown at 40% annually over the last three years and now processes more than $400 billion a year, or 30% of PayPal's TPV. But the company collects a smaller take-rate on these transactions. Lastly, Venmo is a peer-to-peer payments app that PayPal also received in its 2013 acquisition of Braintree. It still accounts for a much smaller percentage of PayPal's overall revenue pie, but it has grown its TPV by 55% annually over the last three years and has the potential to offer lots of new features to customers of its sticky ecosystem. In total, these three segments have helped PayPal drive substantial growth since 2015. Active accounts have grown at 14% annually, while revenue and free cash flow have increased by 16% and 22% a year, respectively. What has gone wrong? While PayPal's financial growth has no doubt been impressive, it is quickly beginning to slow. In the most recent quarter, PayPal's active accounts grew by just 1% compared to the same quarter a year prior, and management expects second-quarter revenue to grow by just 6.5% to 7%, a steep decline from the company's 16% annual increase over the last seven years. Slowing growth isn't all that surprising for a massive company like PayPal, which already says it has more than 430 million annual active accounts, but the more concerning part is that the slowdown could be attributable to the recent success of Apple's (NASDAQ: AAPL) Apple Pay and Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google Pay. Last November, Apple Pay was reportedly growing its adoption at 52% a year, which was substantially higher than any user numbers PayPal has been putting up, albeit from a lower base. The daunting thought of competing against Apple and Google on their own operating systems seems to have pushed many investors to the sidelines. Is it time to buy? Though the competition from big tech warrants concern, PayPal's current valuation doesn't require very lofty estimates to assume a good return. The company expects to generate $5 billion in free cash flow (FCF) this year, and it has a current market cap of $71 billion with very little debt. With shares trading at a market-cap-to-FCF ratio of 14, the company is eager to buy back its own stock and has publicly stated that it will spend $4 billion on repurchases this year alone. At that kind of valuation, even a little bit of growth can go a long way. And I think it's reasonable to assume that PayPal can still grow in spite of the competition thanks to the ongoing increase in online payments as a whole. If you're a long-term investor looking for a steady business with consistent cash flows, I think PayPal deserves a place in your portfolio. 10 stocks we like better than PayPal When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and PayPal wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Ryan Henderson has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and PayPal. The Motley Fool recommends eBay and recommends the following options: short July 2023 $47.50 calls on eBay and short June 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Slowing growth isn't all that surprising for a massive company like PayPal, which already says it has more than 430 million annual active accounts, but the more concerning part is that the slowdown could be attributable to the recent success of Apple's (NASDAQ: AAPL) Apple Pay and Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google Pay. Today, PayPal trades at a 13 times multiple of enterprise value to EBITDA (earnings before interest, taxes, depreciation, and amortization), which is far cheaper than at any other point in the company's public history and well below its average valuation over the years. It still accounts for a much smaller percentage of PayPal's overall revenue pie, but it has grown its TPV by 55% annually over the last three years and has the potential to offer lots of new features to customers of its sticky ecosystem.	Slowing growth isn't all that surprising for a massive company like PayPal, which already says it has more than 430 million annual active accounts, but the more concerning part is that the slowdown could be attributable to the recent success of Apple's (NASDAQ: AAPL) Apple Pay and Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google Pay. Investors who purchased shares when eBay (NASDAQ: EBAY) spun off PayPal back in 2015 have received a 73% return compared to the 143% they could have had with an S&P 500 Index fund. The Motley Fool recommends eBay and recommends the following options: short July 2023 $47.50 calls on eBay and short June 2023 $67.50 puts on PayPal.	Slowing growth isn't all that surprising for a massive company like PayPal, which already says it has more than 430 million annual active accounts, but the more concerning part is that the slowdown could be attributable to the recent success of Apple's (NASDAQ: AAPL) Apple Pay and Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google Pay. The PayPal business Before diving into any sort of outlook on the stock, it's probably best to explain what PayPal actually does. In the most recent quarter, PayPal's active accounts grew by just 1% compared to the same quarter a year prior, and management expects second-quarter revenue to grow by just 6.5% to 7%, a steep decline from the company's 16% annual increase over the last seven years.	Slowing growth isn't all that surprising for a massive company like PayPal, which already says it has more than 430 million annual active accounts, but the more concerning part is that the slowdown could be attributable to the recent success of Apple's (NASDAQ: AAPL) Apple Pay and Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google Pay. Active accounts have grown at 14% annually, while revenue and free cash flow have increased by 16% and 22% a year, respectively. With shares trading at a market-cap-to-FCF ratio of 14, the company is eager to buy back its own stock and has publicly stated that it will spend $4 billion on repurchases this year alone.
15266.0	2023-06-20 00:00:00 UTC	Apple Stock: Bear vs. Bull	AAPL	https://www.nasdaq.com/articles/apple-stock%3A-bear-vs.-bull-5	nan	nan	Apple (NASDAQ: AAPL) has featured in countless headlines this month after hosting its Worldwide Developers Conference, where it unveiled its first virtual/augmented reality (VR/AR) headset called the Vision Pro, a 15-inch MacBook Air, an upgraded Mac Studio, a new Mac Pro, and several software updates. Wall Street has particularly fixated on the potential of the Vision Pro, with some analysts claiming it could see Apple's business soar in the coming years, while others are more pessimistic. Despite the uncertainty surrounding the Vision Pro, Apple continues to have a solid outlook thanks to the dominance of its smartphone business. The popularity of Apple's iPhone has granted it immense brand loyalty from consumers and has boosted its other segments. Apple's stock has become one of the most reliable stocks available thanks to its consistent gains. However, before investing in this tech giant, it's best to understand the potential positives and negatives of its future. Here's the bear vs. bull of Apple stock. Bear: The Vision Pro won't boost earnings for years Apple's debut of the Vision Pro garnered mixed reactions. The device seemed to take leaps in innovation with its ability to complete everyday computing tasks such as word processing, web browsing, and video editing while utilizing advanced hand and eye tracking. However, its hefty price tag of $3,499 has severely limited its consumer reach. As a result, it'll likely take years before Apple substantially profits from the headset and the growing VR/AR market. The good news is the company has used a similar pricing strategy with past products. Apple debuted the iPhone, iPad, and Apple Watch at relatively high prices, later releasing more budget-friendly versions once its products proved successful with consumers. The company will likely launch a lower-priced Vision headset after a few generations of updates, potentially a non-Pro version. Until then, Apple could use this time to build hype for the technology before unveiling the mass-market device and come out swinging on launch day. According to data from Fortune Business Insights, the VR market on its own is projected to expand at a compound annual growth rate of 45% through 2029. Meanwhile, Apple is well equipped to dominate the industry, surpassing competitors like Meta Platforms and Sony, with its headset being the only one to offer consumer-favorite apps such as FaceTime and Messages. Investing in Apple for its VR/AR prospects isn't a bad idea, but it's essential to keep in mind that patience will be key to seeing significant gains. Bull: The power of the iPhone Apple's biggest asset by far is its iPhone business. The company's smartphone segment made up over 50% of its revenue in fiscal 2022. Additionally, the iPhone continues to report respectable growth, with revenue rising 7% to $205 billion last year. The iPhone's dominance saw Apple reach a new milestone last year, surpassing Alphabet's Android for a majority market share in U.S. smartphones. The achievement is promising as the iPhone is Apple's biggest driver of brand loyalty with consumers, which leads to growth in its other segments. iPhone users are far more likely to turn to Apple for other tech needs, thanks to the advanced connectivity between its devices. This connectivity makes it easier for users to stay within Apple's product ecosystem than to use a competing device. Moreover, the company's product strategy has seen it achieve leading market shares in headphones, tablets, and smartwatches despite each of these sectors being dominated by other tech companies before Apple landed on the scene. The tech giant's history of success when entering new product categories plays in its favor for its long-term potential in VR/AR. In addition to products, the iPhone's success has bolstered Apple's digital services business. The segment has become the company's second-highest-earning segment and offers attractive profit margins of around 72%. The subscription-based business has diversified Apple's earnings, allowing it to lean less on product sales and take chances on new products. Apple's annual revenue has risen 48% since 2018, with operating income climbing 68%. Meanwhile, the company has proven time and time again its value as a reliable growth stock, with shares rising nearly 300% in the last five years. It may take time before Apple profits from the Vision Pro, but its other segments are capable of keeping the company moving forward. As a result, Apple's stock is an immensely attractive long-term investment. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Apple, and Meta Platforms. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after hosting its Worldwide Developers Conference, where it unveiled its first virtual/augmented reality (VR/AR) headset called the Vision Pro, a 15-inch MacBook Air, an upgraded Mac Studio, a new Mac Pro, and several software updates. Wall Street has particularly fixated on the potential of the Vision Pro, with some analysts claiming it could see Apple's business soar in the coming years, while others are more pessimistic. The device seemed to take leaps in innovation with its ability to complete everyday computing tasks such as word processing, web browsing, and video editing while utilizing advanced hand and eye tracking.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after hosting its Worldwide Developers Conference, where it unveiled its first virtual/augmented reality (VR/AR) headset called the Vision Pro, a 15-inch MacBook Air, an upgraded Mac Studio, a new Mac Pro, and several software updates. Bear: The Vision Pro won't boost earnings for years Apple's debut of the Vision Pro garnered mixed reactions. Moreover, the company's product strategy has seen it achieve leading market shares in headphones, tablets, and smartwatches despite each of these sectors being dominated by other tech companies before Apple landed on the scene.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after hosting its Worldwide Developers Conference, where it unveiled its first virtual/augmented reality (VR/AR) headset called the Vision Pro, a 15-inch MacBook Air, an upgraded Mac Studio, a new Mac Pro, and several software updates. Apple's stock has become one of the most reliable stocks available thanks to its consistent gains. Apple debuted the iPhone, iPad, and Apple Watch at relatively high prices, later releasing more budget-friendly versions once its products proved successful with consumers.	Apple (NASDAQ: AAPL) has featured in countless headlines this month after hosting its Worldwide Developers Conference, where it unveiled its first virtual/augmented reality (VR/AR) headset called the Vision Pro, a 15-inch MacBook Air, an upgraded Mac Studio, a new Mac Pro, and several software updates. Apple's stock has become one of the most reliable stocks available thanks to its consistent gains. As a result, Apple's stock is an immensely attractive long-term investment.
15267.0	2023-06-20 00:00:00 UTC	NVIDIA vs. AMD: How To Decide Which Is The Better Stock For You	AAPL	https://www.nasdaq.com/articles/nvidia-vs.-amd%3A-how-to-decide-which-is-the-better-stock-for-you	nan	nan	Any of our readers who were around for the incredible bull years of 2018 and 2019, and indeed through much of the pandemic rally, will remember the epic runs of both NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). As the longer-term opportunity in the semiconductor space became more and more appreciated, shares of these two leading chip makers became accustomed to delivering annual gains in the triple-digit percentage range, and investors loved it. Sure, 2022 was a challenging year for many reasons, but since January, there's once again been a fire under their respective stocks that's only getting hotter. NVIDIA, the larger of the two with a recently acquired $1 trillion market cap, can boast of a 190% gain since the start of the year, with much of that coming since the end of last month; more on that later. AMD's 80% gain over the same time pales in comparison but still puts it well ahead of the broader market. The benchmark S&P 500 index for context is up 14% since January. But for investors looking at both and trying to decide which to choose, the choice mightn't be as clear-cut as they might like. Both have pros and cons; let's look at some of them here. NVIDIA This is the stock that everyone is talking about right now. Since their Q1 results shocked Wall Street with a massive AI fuelled jump in forward guidance, analysts have been talking about this being the start of the 4th Industrial Revolution and one they see NVIDIA being at the forefront of. Having already had a strong start to the year, NVIDIA's shares are up more than 50% in the past two months alone. This move means they're back at all-time highs and in that rare club of stocks with a $1 trillion market cap. It's also boosted their price-to-earnings (PE) ratio, a widely used measure of how cheap or expensive a stock is. At 220 now, NVIDIA's feels a little bubbly, especially when compared to, say, Apple Inc's (NASDAQ: AAPL) 31 or Meta Platforms Inc's (NASDAQ: META) 35. Does this mean, though, that you've missed the boat? Not according to Morgan Stanley, who just named NVIDIA their top pick for 2023 while boosting their price target on NVIDIA stock to $500. From where shares closed last week, that points to an additional upside of almost 20%. And what's really interesting is that it's AMD that's just been dislodged from that number-one spot, thus making NVIDIA a compelling option as the out-and-out stronger choice. Advanced Micro Devices But that's not to say you should steer clear of AMD at all costs. Indeed, they, too, have just had their price target increased by the team over at Wells Fargo. And at $150, it represents an even greater upside than what Morgan Stanley expects from NVIDIA. There's also the underdog or catch-up play, an element with AMD. Yes, they've been in NVIDIA's shadow this year, but since 2018 they've easily outperformed their larger competitor. Indeed, in many ways, the AMD bulls could argue that we're finally seeing NVIDIA play catch up here. But still, there's no doubt they're currently in second position, and investors will be looking to see some solid updates and action from AMD's leadership to ensure the gap doesn't widen further. Getting Involved Both stocks have been and will continue to remain highly correlated, and there's an argument to be made that you probably can't go wrong with either. NVIDIA does seem to have more going for it, though, on a straight shoot-out. Consider that even with their recent runup, their PE ratio of 220 still compares favorably to AMD's 500. It will take a serious earnings report from the latter to bring that back in line, and until then, the safer play is NVIDIA, while those with a greater appetite for risk will prefer AMD. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	At 220 now, NVIDIA's feels a little bubbly, especially when compared to, say, Apple Inc's (NASDAQ: AAPL) 31 or Meta Platforms Inc's (NASDAQ: META) 35. As the longer-term opportunity in the semiconductor space became more and more appreciated, shares of these two leading chip makers became accustomed to delivering annual gains in the triple-digit percentage range, and investors loved it. NVIDIA, the larger of the two with a recently acquired $1 trillion market cap, can boast of a 190% gain since the start of the year, with much of that coming since the end of last month; more on that later.	At 220 now, NVIDIA's feels a little bubbly, especially when compared to, say, Apple Inc's (NASDAQ: AAPL) 31 or Meta Platforms Inc's (NASDAQ: META) 35. Any of our readers who were around for the incredible bull years of 2018 and 2019, and indeed through much of the pandemic rally, will remember the epic runs of both NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). NVIDIA, the larger of the two with a recently acquired $1 trillion market cap, can boast of a 190% gain since the start of the year, with much of that coming since the end of last month; more on that later.	At 220 now, NVIDIA's feels a little bubbly, especially when compared to, say, Apple Inc's (NASDAQ: AAPL) 31 or Meta Platforms Inc's (NASDAQ: META) 35. Any of our readers who were around for the incredible bull years of 2018 and 2019, and indeed through much of the pandemic rally, will remember the epic runs of both NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). NVIDIA, the larger of the two with a recently acquired $1 trillion market cap, can boast of a 190% gain since the start of the year, with much of that coming since the end of last month; more on that later.	At 220 now, NVIDIA's feels a little bubbly, especially when compared to, say, Apple Inc's (NASDAQ: AAPL) 31 or Meta Platforms Inc's (NASDAQ: META) 35. Any of our readers who were around for the incredible bull years of 2018 and 2019, and indeed through much of the pandemic rally, will remember the epic runs of both NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). NVIDIA, the larger of the two with a recently acquired $1 trillion market cap, can boast of a 190% gain since the start of the year, with much of that coming since the end of last month; more on that later.
15268.0	2023-06-20 00:00:00 UTC	Google seeks suppliers to move some Pixel production to India - Bloomberg News	AAPL	https://www.nasdaq.com/articles/google-seeks-suppliers-to-move-some-pixel-production-to-india-bloomberg-news	nan	nan	Changes source, adds details NEW DELHI, June 20 (Reuters) - Alphabet Inc's GOOGL.O Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people familiar with the matter. Global tech giants are eyeing India as a manufacturing hub, shifting away from China after strict COVID-related restrictions hindered production in the country. Apple AAPL.O supplier Foxconn 2317.TW was given a project earlier this month to start manufacturing iPhones in India. Google has spoken to Lava International Ltd LAVA.NS, Dixon Technologies India DIXO.NS and Foxconn Technology Group's Indian unit Bharat FIH, Bloomberg said. Lava, Dixon, Bharat FIH and Alphabet did not immediately respond to a request for comment from Reuters. (Reporting by Tanvi Mehta, Editing by Louise Heavens, Kirsten Donovan) ((tanvi.mehta@thomsonreuters.com; https://twitter.com/TanviMehta710;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple AAPL.O supplier Foxconn 2317.TW was given a project earlier this month to start manufacturing iPhones in India. Changes source, adds details NEW DELHI, June 20 (Reuters) - Alphabet Inc's GOOGL.O Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people familiar with the matter. Global tech giants are eyeing India as a manufacturing hub, shifting away from China after strict COVID-related restrictions hindered production in the country.	Apple AAPL.O supplier Foxconn 2317.TW was given a project earlier this month to start manufacturing iPhones in India. Changes source, adds details NEW DELHI, June 20 (Reuters) - Alphabet Inc's GOOGL.O Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people familiar with the matter. Google has spoken to Lava International Ltd LAVA.NS, Dixon Technologies India DIXO.NS and Foxconn Technology Group's Indian unit Bharat FIH, Bloomberg said.	Apple AAPL.O supplier Foxconn 2317.TW was given a project earlier this month to start manufacturing iPhones in India. Changes source, adds details NEW DELHI, June 20 (Reuters) - Alphabet Inc's GOOGL.O Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people familiar with the matter. Google has spoken to Lava International Ltd LAVA.NS, Dixon Technologies India DIXO.NS and Foxconn Technology Group's Indian unit Bharat FIH, Bloomberg said.	Apple AAPL.O supplier Foxconn 2317.TW was given a project earlier this month to start manufacturing iPhones in India. Changes source, adds details NEW DELHI, June 20 (Reuters) - Alphabet Inc's GOOGL.O Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people familiar with the matter. Global tech giants are eyeing India as a manufacturing hub, shifting away from China after strict COVID-related restrictions hindered production in the country.
15269.0	2023-06-20 00:00:00 UTC	AAPL Quantitative Stock Analysis	AAPL	https://www.nasdaq.com/articles/aapl-quantitative-stock-analysis	nan	nan	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. FUNDAMENTAL MOMENTUM: PASS TWELVE MINUS ONE MOMENTUM: PASS FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance. Additional Research Links Top NASDAQ 100 Stocks Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL).	Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
15270.0	2023-06-19 00:00:00 UTC	Warren Buffett Is Worried About AI. Here's How He's Betting Big on It Anyway.	AAPL	https://www.nasdaq.com/articles/warren-buffett-is-worried-about-ai.-heres-how-hes-betting-big-on-it-anyway.	nan	nan	Warren Buffett isn't what you'd call a tech guru. The legendary investor has been notoriously slow in the past to invest in companies with major technological advances. He readily admits that tech is outside of his wheelhouse. However, Buffett's views on artificial intelligence (AI) present a new twist. The Oracle of Omaha is seriously worried about the potential impact of AI. But those worries aren't stopping him from betting big on it anyway. Image source: The Motley Fool. Buffett's AI concerns In an interview with CNBC in April 2023, Buffett said that AI is "something I don't understand at all." He told a story about how his longtime friend, Microsoft (NASDAQ: MSFT) co-founder Bill Gates, came by a few months earlier and showed him OpenAI's ChatGPT. Buffett was impressed. He told CNBC's Andrew Ross Sorkin, "I think it's an incredible technological advance in terms of showing what we can do." However, he was also concerned. The 92-year-old multibillionaire reflected back on the creation of the atomic bomb in 1945. He said, "I didn't know what an atom was or anything, but then Einstein told me it was gonna change the world, and it changed the world." Buffett added, though, "I don't want to change the world too many times without knowing -- having -- some idea of the consequences of it. And this [AI], I think this is extraordinary, but I don't know whether it's beneficial." Buffett mentioned listening to Eric Schmidt, former CEO and executive chairman of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) talk about AI. Schmidt stated that AI scared him. Buffett said that the technology scares him, too. He told Sorkin that he agrees with Schmidt that the development of AI should be paused to consider what consequences it might bring. How he's betting big on AI Even a cursory look at Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holdings reveals that he has invested heavily in companies developing AI technology. He isn't so concerned that he'll miss out on the opportunity to make money from AI. Apple (NASDAQ: AAPL) ranks as the biggest position by far in Berkshire's portfolio. The company has integrated AI into its products for years. CEO Tim Cook said in Apple's recent quarterly update that the company sees the potential for AI as "huge." He added that Apple will "continue weaving it in our products on a very thoughtful basis." Berkshire also owns shares of Amazon (NASDAQ: AMZN). Virtual assistant Alexa is only one part of Amazon's AI focus. The company has aggressively rolled out multiple new AI applications in recent months. Buffett's "secret portfolio" includes even more AI stocks. I'm referring to positions held by New England Asset Management (NEAM), a wholly owned subsidiary of Berkshire Hathaway. NEAM owns shares of Alphabet, Microsoft, and IBM, each of which is focused heavily on AI development. Climbing a wall of worry Plenty of other well-known people have expressed concerns about AI in addition to Buffett. Elon Musk and Apple co-founder Steve Wozniak were among more than 1,100 to sign an open letter released in March that called for an immediate pause on training powerful new AI systems. Are they right to be concerned? Maybe so. But there's an old saying about the stock market "climbing a wall of worry" that could be relevant in this case. The adage refers to how stocks frequently rise despite a significant level of uncertainty. AI stocks could continue to climb a wall of worry over the next decade and beyond. Some concerns will likely prove to be overblown. Others might be truly problematic. However, the productivity benefits of AI are simply too huge to pass up. Buffett doesn't understand AI. He's afraid of what consequences it might bring. But he has a sense of how much of a game-changer it could be, too. And he'll almost certainly continue to profit from it thanks to his investments in Apple, Amazon, Alphabet, IBM, and Microsoft. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Keith Speights has positions in Alphabet, Amazon.com, Apple, Berkshire Hathaway, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Berkshire Hathaway, and Microsoft. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) ranks as the biggest position by far in Berkshire's portfolio. He told a story about how his longtime friend, Microsoft (NASDAQ: MSFT) co-founder Bill Gates, came by a few months earlier and showed him OpenAI's ChatGPT. CEO Tim Cook said in Apple's recent quarterly update that the company sees the potential for AI as "huge."	Apple (NASDAQ: AAPL) ranks as the biggest position by far in Berkshire's portfolio. How he's betting big on AI Even a cursory look at Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holdings reveals that he has invested heavily in companies developing AI technology. NEAM owns shares of Alphabet, Microsoft, and IBM, each of which is focused heavily on AI development.	Apple (NASDAQ: AAPL) ranks as the biggest position by far in Berkshire's portfolio. Buffett's AI concerns In an interview with CNBC in April 2023, Buffett said that AI is "something I don't understand at all." Buffett mentioned listening to Eric Schmidt, former CEO and executive chairman of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) talk about AI.	Apple (NASDAQ: AAPL) ranks as the biggest position by far in Berkshire's portfolio. Buffett's AI concerns In an interview with CNBC in April 2023, Buffett said that AI is "something I don't understand at all." Buffett doesn't understand AI.
15271.0	2023-06-19 00:00:00 UTC	Affirm Stock Has Risen Swiftly. Will It Beat Apple in BNPL?	AAPL	https://www.nasdaq.com/articles/affirm-stock-has-risen-swiftly.-will-it-beat-apple-in-bnpl	nan	nan	Affirm Holdings (NASDAQ:AFRM) stock recovered swiftly after witnessing pressure from Apple’s (NASDAQ:AAPL) introduction of the Pay Later service earlier in March. Apple’s entry into the BNPL (Buy Now, Pay Later) space is a significant threat to AFRM’s business. However, Affirm CEO Max Levchin said that the company witnessed no impact from Apple Pay, while he believes that AFRM has “structural advantages” over the tech giant. Affirm Stock Gains Significantly After falling earlier this year, Affirm stock gained about 70% since the start of May. Affirm stock benefited significantly from its strong third-quarter results, where its credit performance improved, led by a decline in delinquencies. Additionally, its Q3 gross merchandise volumes and revenue came in better than its guidance. Further, transactions from active customers increased by 34%. Overall, solid volumes, expense control, and operating leverage augur well for its plan to achieve profitability (on an adjusted operating income basis) by the end of this year and could support the uptrend in its stock price. Affirm Has Upper Hand Over Apple in the BNPL Space Speaking to Mizuho Securities analyst Dan Dolev, AFRM’s CEO Levchin said that the company did not witness any impact on its performance from Apple’s entry in the BNPL sector. Levchin added that AFRM has structural advantages over Apple due to its direct relationships with the merchants and underwriting expertise. Levchin added that the company's new products, like Debit+ (a BNPL debit card that consumers can link to their bank accounts), will likely expand its addressable market. Moreover, inventory management for merchants provides new growth opportunities. Whether Apple Pay creates challenges for Affirm remains a wait-and-watch story. Nonetheless, Dolev reiterated a Buy rating on the stock following his discussion with the company’s CEO. In a note to investors dated June 13, Dolev said that AFRM stock is trading “roughly in line with the peer group,” which is “conservative given AFRM’s position as the market leader in BNPL.” Dolev assigned a price target of $17 on AFRM stock. Is AFRM Stock a Buy, According to Analysts? Despite the improvement in its credit performance and expense control, higher funding costs and pressure on consumer spending keep analysts sidelined. AFRM stock has received four Buy, five Hold, and two Sell recommendations for a Hold consensus rating. Moreover, as AFRM stock has gained quite a lot, the average AFRM stock price target of $14.70 implies 11.82% downside potential from current levels. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Affirm Holdings (NASDAQ:AFRM) stock recovered swiftly after witnessing pressure from Apple’s (NASDAQ:AAPL) introduction of the Pay Later service earlier in March. However, Affirm CEO Max Levchin said that the company witnessed no impact from Apple Pay, while he believes that AFRM has “structural advantages” over the tech giant. Affirm stock benefited significantly from its strong third-quarter results, where its credit performance improved, led by a decline in delinquencies.	Affirm Holdings (NASDAQ:AFRM) stock recovered swiftly after witnessing pressure from Apple’s (NASDAQ:AAPL) introduction of the Pay Later service earlier in March. Affirm Stock Gains Significantly After falling earlier this year, Affirm stock gained about 70% since the start of May. Affirm Has Upper Hand Over Apple in the BNPL Space Speaking to Mizuho Securities analyst Dan Dolev, AFRM’s CEO Levchin said that the company did not witness any impact on its performance from Apple’s entry in the BNPL sector.	Affirm Holdings (NASDAQ:AFRM) stock recovered swiftly after witnessing pressure from Apple’s (NASDAQ:AAPL) introduction of the Pay Later service earlier in March. Affirm Has Upper Hand Over Apple in the BNPL Space Speaking to Mizuho Securities analyst Dan Dolev, AFRM’s CEO Levchin said that the company did not witness any impact on its performance from Apple’s entry in the BNPL sector. In a note to investors dated June 13, Dolev said that AFRM stock is trading “roughly in line with the peer group,” which is “conservative given AFRM’s position as the market leader in BNPL.” Dolev assigned a price target of $17 on AFRM stock.	Affirm Holdings (NASDAQ:AFRM) stock recovered swiftly after witnessing pressure from Apple’s (NASDAQ:AAPL) introduction of the Pay Later service earlier in March. However, Affirm CEO Max Levchin said that the company witnessed no impact from Apple Pay, while he believes that AFRM has “structural advantages” over the tech giant. Is AFRM Stock a Buy, According to Analysts?
15272.0	2023-06-19 00:00:00 UTC	META, CRWD, or NVDA: Which “Strong Buy” Tech Stock Could Offer the Highest Upside?	AAPL	https://www.nasdaq.com/articles/meta-crwd-or-nvda%3A-which-strong-buy-tech-stock-could-offer-the-highest-upside	nan	nan	Several technology stocks have rebounded from last year’s slump and rallied significantly so far in 2023, thanks to the buzz around artificial intelligence (AI) and improved investor sentiment about the times ahead. Using TipRanks’ Stock Comparison Tool, we placed Meta Platforms (NASDAQ:META), CrowdStrike (NASDAQ:CRWD), and Nvidia (NASDAQ:NVDA) against each other to pick the tech stock that could deliver the most attractive upside from current levels. Meta Platforms (NASDAQ:META) Shares of social media giant Meta Platforms have jumped about 134% since the start of this year. The company’s cost reduction efforts in 2023 (which it calls the “year of efficiency”) and its return to revenue growth in the first quarter after three quarters of decline revived investors’ confidence in the stock. In particular, investors appreciated Meta’s Q1 revenue growth, despite the impact of continued macro pressures on the digital advertising market and the lingering effect of Apple’s (NASDAQ:AAPL) iOS privacy policy changes on the company’s ad-targeting capabilities. Meta is leveraging AI to make ads on its platform more appealing to businesses by making it easier for them to find the right audience. For instance, it is using AI to power automation for advertisers through products like Advantage+ shopping. During the Q1 earnings call, management revealed that daily revenue from Advantage+ shopping campaigns has risen seven times over the last six months. Further, AI has helped boost Reels monetization efficiency by over 30% on Instagram and more than 40% on Facebook quarter-over-quarter. Is Meta a Good Stock to Buy? Last week, Piper Sandler analyst Thomas Champion increased his price target for Meta Platforms stock to $310 from $270 and reaffirmed a Buy rating. Champion highlighted that the company has just begun to regain its market share after about two years of declines. The analyst believes that Meta’s AI investments, growth in new products like Reels, the crackdown on TikTok, and investments in adtech could drive the stock higher in the second half of this year and into 2024. With 37 Buys and five Holds, Meta earns Wall Street’s Strong Buy consensus rating. The average price target of $290.87 implies 3.5% upside. CrowdStrike (NASDAQ:CRWD) Cybersecurity company CrowdStrike recently reported better-than-anticipated fiscal first-quarter (ended April 30) results, with revenue rising 42% year-over-year to about $693 million. Adjusted EPS jumped 84% to $0.57, driven by higher gross margin and cost discipline. Despite upbeat Q1 FY24 results and improved full-year outlook, investors were disappointed with the continued slowdown in the company’s top-line growth rate. CrowdStrike expects Q2 FY24 revenue growth in the range of 34% to 36%, reflecting further deceleration amid a tough macro backdrop. Nevertheless, the company is confident about the road ahead based on the growing adoption of its offerings. At the end of Q1 FY24, CrowdStrike’s module adoption rates were 62%, 40%, and 23% for five or more, six or more, and seven or more modules, respectively, as of Q1 end. CrowdStrike sees more demand for its products driven by the increasing adoption of generative AI. The company has collaborated with Amazon’s (NASDAQ:AMZN) Amazon Web Services (AWS) to develop powerful new generative AI applications that help customers accelerate their cloud, security, and AI ambitions. Is CrowdStrike a Buy, Sell, or Hold? Mizuho analyst Gregg Moskowitz increased the price target for CrowdStrike stock to $180 from $175 and reiterated a Buy rating following his firm’s annual cybersecurity summit. Moskowitz noted that despite the ongoing macroeconomic pressures, the company stated that demand remains resilient and its pipeline growth is reflecting good momentum. Further, management is confident about emerging as a generative AI winner. Wall Street’s Strong Buy consensus rating on CRWD is based on 30 Buys and two Holds. The average price target of $176.77 implies 14% upside. Shares have risen over 47% since the start of 2023. Nvidia (NASDAQ:NVDA) Chip giant Nvidia’s market-beating fiscal first-quarter results and a stellar Q2 FY24 revenue guidance of $11 billion (plus or minus 2%), which was over 50% higher than the Street’s expectations, triggered a solid rally in the stock. Shares have rallied more than 192% year-to-date. The company’s guidance is backed by an impressive demand for its chips in generative AI applications. The demand for Nvidia’s graphics processing units (GPUs) in cloud computing and generative AI applications like OpenAI’s ChatGPT is fueling strong growth in its data center segment, with revenue rising 14% to $4.28 billion in Q1 FY24. While the company’s automotive business contributed only $296 million to Nvidia’s Q1 FY24 top line, its impressive growth trajectory (114% in Q1) cannot be ignored. The company’s automotive design win pipeline over the next six years has climbed to $14 billion from $11 billion a year ago. What is the Target Price for NVDA? Last week, Morgan Stanley analyst Joseph Moore raised his price target for Nvidia to $500 from $450, while also increasing the price targets for other semiconductor stocks, including Advanced Micro Devices (NASDAQ:AMD). Moore chose Nvidia as his “top pick” over AMD, as he sees significant upside in the stock over the near team based on his expectation that it could be the “only company” likely to beat and raise this year due to its robust AI exposure. The analyst raised AMD’s price target by $41 to $138, but thinks that “Unlike Nvidia, the company is unlikely to post near term upside.” Moore expects Nvidia’s data center business to drive much of its growth over the next five years due to demand for the segment’s products, with the spike in interest in generative AI creating a solid environment for AI and machine learning hardware solutions. Nvidia stock, which recently joined the trillion-dollar market-cap club, boasts Wall Street’s Strong Buy consensus rating based on 32 Buys and four Holds. The average price target of $451.48 implies about 6% upside. Conclusion Nvidia and Meta shares have skyrocketed year-to-date and have outperformed CrowdStrike stock. While Wall Street is very bullish about the prospects of all the three tech stocks discussed here, currently, analysts see higher upside in CrowdStrike than the other two stocks. As per TipRanks’ Smart Score System, CrowdStrike earns a score of “Perfect 10,” implying the stock is capable of outperforming the broader market over the long term. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	In particular, investors appreciated Meta’s Q1 revenue growth, despite the impact of continued macro pressures on the digital advertising market and the lingering effect of Apple’s (NASDAQ:AAPL) iOS privacy policy changes on the company’s ad-targeting capabilities. The demand for Nvidia’s graphics processing units (GPUs) in cloud computing and generative AI applications like OpenAI’s ChatGPT is fueling strong growth in its data center segment, with revenue rising 14% to $4.28 billion in Q1 FY24. Moore chose Nvidia as his “top pick” over AMD, as he sees significant upside in the stock over the near team based on his expectation that it could be the “only company” likely to beat and raise this year due to its robust AI exposure.	In particular, investors appreciated Meta’s Q1 revenue growth, despite the impact of continued macro pressures on the digital advertising market and the lingering effect of Apple’s (NASDAQ:AAPL) iOS privacy policy changes on the company’s ad-targeting capabilities. Using TipRanks’ Stock Comparison Tool, we placed Meta Platforms (NASDAQ:META), CrowdStrike (NASDAQ:CRWD), and Nvidia (NASDAQ:NVDA) against each other to pick the tech stock that could deliver the most attractive upside from current levels. CrowdStrike (NASDAQ:CRWD) Cybersecurity company CrowdStrike recently reported better-than-anticipated fiscal first-quarter (ended April 30) results, with revenue rising 42% year-over-year to about $693 million.	In particular, investors appreciated Meta’s Q1 revenue growth, despite the impact of continued macro pressures on the digital advertising market and the lingering effect of Apple’s (NASDAQ:AAPL) iOS privacy policy changes on the company’s ad-targeting capabilities. Using TipRanks’ Stock Comparison Tool, we placed Meta Platforms (NASDAQ:META), CrowdStrike (NASDAQ:CRWD), and Nvidia (NASDAQ:NVDA) against each other to pick the tech stock that could deliver the most attractive upside from current levels. Last week, Morgan Stanley analyst Joseph Moore raised his price target for Nvidia to $500 from $450, while also increasing the price targets for other semiconductor stocks, including Advanced Micro Devices (NASDAQ:AMD).	In particular, investors appreciated Meta’s Q1 revenue growth, despite the impact of continued macro pressures on the digital advertising market and the lingering effect of Apple’s (NASDAQ:AAPL) iOS privacy policy changes on the company’s ad-targeting capabilities. Last week, Piper Sandler analyst Thomas Champion increased his price target for Meta Platforms stock to $310 from $270 and reaffirmed a Buy rating. CrowdStrike sees more demand for its products driven by the increasing adoption of generative AI.
15273.0	2023-06-19 00:00:00 UTC	VFQY vs. VOO: Vanguard’s U.S. Quality Factor ETF vs. a Simple S&P 500 ETF. Who Wins?	AAPL	https://www.nasdaq.com/articles/vfqy-vs.-voo%3A-vanguards-u.s.-quality-factor-etf-vs.-a-simple-sp-500-etf.-who-wins	nan	nan	ETFs focused on high-quality stocks have grown in popularity in recent years. Fund giant Vanguard, whose Vanguard S&P 500 ETF (NYSEARCA:VOO) is the third-largest ETF in the world by market cap, launched its own Vanguard U.S. Quality Factor ETF (NYSEARCA:VFQY) in 2018. However, is its quality-focused offering better than its flagship, $317.8 billion ETF that simply invests in the S&P 500 (SPX)? Let’s compare and find out. Strategies of Each ETF VOO’s strategy is straightforward. It simply invests in the stocks in the S&P 500, with no extra bells or whistles attached. VFQY’s strategy adds a bit more complexity, incorporating a quality factor into its investments. Essentially, this means that VFQY’s managers are looking for stocks with strong fundamentals, namely strong profitability and balance sheets. Diversified Portfolios VFQY is incredibly diversified. It holds 458 positions, and its top 10 holdings make up a mere 14.5% of the fund, so investors don’t need to worry about having too much exposure to one stock or a handful of stocks. Below is an overview of VFQY’s top 10 holdings, created using TipRank’s holdings tool. Because it invests in the entire S&P 500, VOO is also extremely diversified. It sports 505 holdings, and its top 10 make up 30.4% of assets. VOO’s top 10 holdings are listed below. Qualitatively, one difference you’ll notice between VFQY and VOO’s holdings is that because VOO just invests in the S&P 500 without any additional screens or factors, VOO skews more towards the big tech stocks that occupy the top of the S&P 500 more heavily. Because VOO is market-weighted, these holdings make up larger positions within the fund than they do in VFQY. For example, top Apple (NASDAQ:AAPL) is the top holding for both funds, but it has a 7.5% weighting in VOO and just a 1.7% weighting in VFQY. Based on these weightings, one could say that VFQY is more diversified than VOO, even though overall, both of these funds offer ample diversification. VFQY has an ETF Smart Score of 7 out of 10 versus an ETF Smart Score of 8 out of 10 for VOO. The Smart Score is TipRanks’ proprietary quantitative stock scoring system. It gives stocks a score from 1 to 10 based on eight market key factors. The score is data-driven and does not involve any human intervention. A Smart Score of 8 or above is equivalent to an Outperform rating. Five of VFQY’s top 10 holdings feature Smart Scores of 8 or better, while seven of VOO’s score 8 or better. Are VFQY and VOO Buys, According to Analysts? Turning to Wall Street, VFQY has a Moderate Buy consensus rating, as 56.85% of analyst ratings are Buys, 37.16% are Holds, and 6% are Sells. At $125.58, the average VFQY stock price target implies 11.1% upside potential. Meanwhile, VOO also has a Moderate Buy consensus rating based on 59.46% of ratings being Buys, 35.12% being Holds, and just 5.42% of ratings coming in as Sells in the last three months. At $444.04, the average VOO stock price target implies 9.6% upside potential. Long-Term Track Records -- VOO Takes the Win VFQY has delivered admirable returns for its investors since its launch. As of the end of May, the quality-focused ETF had a three-year total annualized return of 12.5%, which is nothing to sneeze at. It also had a five-year total annualized return of 7%. However, these results were bested by its fund-mate, VOO. Over a three-year time frame, VOO edged out VFQY with a total return of 12.8%. However, when we look out over a longer time frame, that’s when the rubber really starts to meet the road. VOO’s five-year annualized return of 11% is four full percentage points better than VFQY’s per year, giving VOO an inarguable edge in this comparison. Comparison of Fees -- VOO Wins Again Vanguard is often praised for its low-fee investment products, and these two funds fit that bill. VFQY features a reasonable enough expense ratio of 0.13%, but VOO has a clear edge here as well, with a rock-bottom 0.03% expense ratio. Assuming that the expense ratio remains the same and that the ETF returns 5% annually, an investor putting $10,000 into VFQY would pay $13 in expenses in year one, $42 over three years, $73 over five years, and $166 over 10 years. Meanwhile, under the same parameters, an investor allocating the same amount towards VOO would pay just $3 in year one, $10 over three years, $17 over five years, and $39 over the course of the decade, offering substantial savings against its counterpart. Below, you can check out a comparison of VFQY and VOO using TipRanks' ETF Comparison Tool, which is customizable and allows users to compare up to 20 ETFs at once across a variety of factors. Investor Takeaway VFQY is a good ETF with a strong portfolio of holdings, a solid performance track record, and reasonable fees. However, it is outshined by its own Vanguard counterpart, VOO, which has a less complex strategy but a similarly strong portfolio, an even better track record, and even lower fees. It may sound surprising that a fund that just invests in the S&P 500 outperforms one specifically focused on high-quality stocks, but keep in mind that the S&P 500 index itself is actually already a pretty good barometer for quality. The S&P 500 accounts for most of the total value of all stocks listed on U.S. exchanges. These stocks must be profitable, have their primary listing in the United States, trade on the NYSE or NASDAQ, have a market cap of over $12.7 billion or more, and meet certain float and liquidity requirements. It takes years of strong performance to attain this type of market cap and to be included in this index, so being in the S&P 500 already makes it more likely that a stock is of "high quality." For the reasons discussed above, while VFQY is a solid investment choice, it’s hard to see a compelling reason to choose it over the even better VOO. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	For example, top Apple (NASDAQ:AAPL) is the top holding for both funds, but it has a 7.5% weighting in VOO and just a 1.7% weighting in VFQY. It may sound surprising that a fund that just invests in the S&P 500 outperforms one specifically focused on high-quality stocks, but keep in mind that the S&P 500 index itself is actually already a pretty good barometer for quality. These stocks must be profitable, have their primary listing in the United States, trade on the NYSE or NASDAQ, have a market cap of over $12.7 billion or more, and meet certain float and liquidity requirements.	For example, top Apple (NASDAQ:AAPL) is the top holding for both funds, but it has a 7.5% weighting in VOO and just a 1.7% weighting in VFQY. At $125.58, the average VFQY stock price target implies 11.1% upside potential. At $444.04, the average VOO stock price target implies 9.6% upside potential.	For example, top Apple (NASDAQ:AAPL) is the top holding for both funds, but it has a 7.5% weighting in VOO and just a 1.7% weighting in VFQY. Fund giant Vanguard, whose Vanguard S&P 500 ETF (NYSEARCA:VOO) is the third-largest ETF in the world by market cap, launched its own Vanguard U.S. Quality Factor ETF (NYSEARCA:VFQY) in 2018. Qualitatively, one difference you’ll notice between VFQY and VOO’s holdings is that because VOO just invests in the S&P 500 without any additional screens or factors, VOO skews more towards the big tech stocks that occupy the top of the S&P 500 more heavily.	For example, top Apple (NASDAQ:AAPL) is the top holding for both funds, but it has a 7.5% weighting in VOO and just a 1.7% weighting in VFQY. It gives stocks a score from 1 to 10 based on eight market key factors. Five of VFQY’s top 10 holdings feature Smart Scores of 8 or better, while seven of VOO’s score 8 or better.
15274.0	2023-06-19 00:00:00 UTC	Why Meta Platforms Stock (NASDAQ:META) Has a Pathway to New Highs	AAPL	https://www.nasdaq.com/articles/why-meta-platforms-stock-nasdaq%3Ameta-has-a-pathway-to-new-highs	nan	nan	Few folks would have predicted that Meta Platforms (NASDAQ:META) stock would recover as quickly as it did in the past several months. Though shares have more than tripled off last year's low, there are still analysts out there who see more in the way of upside for Meta Platforms stock. Despite being the hottest “FAANG” member of late, Meta stock isn't exactly trading above and beyond its peers. Indeed, the going price for a FAANG stock seems to be north of 30 times trailing price-to-earnings these days. With that in mind, Meta stock's 34.9 times trailing price-to-earnings (P/E) multiple doesn't seem too stretched, even though it's considerably higher than its five-year historical average of 24.2. In any case, CEO Mark Zuckerberg is a man on a mission, with incredible technological tools he can use to improve the existing social-media business while simultaneously breaking into new markets. Undoubtedly, the market is confident in Zuckerberg's ability to play offense and defense in this new, high-interest-rate era for tech. I've been bullish on Meta stock for over a year now and see no reason to temper my bullishness. Meta Platforms: Few Firms Can Monetize New Tech Better Macro-induced ad worries are now a thing of the past. The company's social-media business continues to be a cash cow, and with new AI innovations factored in, Meta has found a way to adapt in these harsh times, thanks to Zuckerberg's willingness to experiment with cutting-edge new technologies. Undoubtedly, Meta has always been a tech-first company, and it'll likely continue to be as new technologies (think the Metaverse and AI) move into the mainstream. Though Meta's slow start into the Metaverse has been a concern for some, I continue to believe in Zuckerberg's unique ability to monetize new innovations. Any firm can innovate, but it takes a remarkable tech company to innovate and monetize effectively. Though Meta may have been caught in a moral gray area a few years ago with the Cambridge Analytica scandal, I do believe the company is well on its way to improving its reputation. As Meta explores monetization possibilities in the Metaverse, I'd not be so shocked if VR and AR-based ads become the next big growth driver at some point over the next decade. With Apple (NASDAQ:AAPL) launching Vision Pro, the moment for the Metaverse may just be a few years away. In any case, Meta is ready, and it will likely be prepared to level up its ad business. Meta's Project 92 Could Give Twitter a Run for Its Money Over the nearer term, Meta has some lower-hanging fruit to pick. The company plans to launch a new social-media network to go up against Twitter. Undoubtedly, a Twitter-like platform (named Project 92) seems to be one of the last missing pieces to make its social business complete. Elon Musk's Twitter purchase has already lost him a great deal (to the magnitude of billions). As Meta kicks off its competing product, with the network of Facebook and Instagram riding behind it, Musk may be in for a bad case of buyer's remorse. Only time will tell how Meta's Twitter rival fares against the actual Twitter. Given the backlash from certain Twitter users following Musk's acquisition, I do view Meta's decision to enter the space as opportunistic. Musk will not back down without a fight. However, as brilliant of an innovator as he is, I'd not bet against Meta's Twitter rival (Project 92), as some users look to switch to a "sanely-run" alternative. Is META Stock a Buy, According to Analysts? Turning to Wall Street, META stock comes in as a Strong Buy. Out of 42 analyst ratings, there are 37 Buys and five Hold recommendations. The average Meta stock price target is $289.68, implying upside potential of 3.5%. Analysts’ price targets range from a low of $220.00 per share to a high of $350.00 per share. The Bottom Line on Meta Stock Meta has a lot of exciting products and innovations that could help sustain its current rally, and the Metaverse could be a driver a few years from now. Over the nearer term, AI innovations and new social platforms like Project 92 could help keep Meta stock's momentum going strong. Through the ability to quickly monetize hot new tech, Zuckerberg has found a way to prove the doubters wrong in record time! Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	With Apple (NASDAQ:AAPL) launching Vision Pro, the moment for the Metaverse may just be a few years away. With that in mind, Meta stock's 34.9 times trailing price-to-earnings (P/E) multiple doesn't seem too stretched, even though it's considerably higher than its five-year historical average of 24.2. In any case, CEO Mark Zuckerberg is a man on a mission, with incredible technological tools he can use to improve the existing social-media business while simultaneously breaking into new markets.	With Apple (NASDAQ:AAPL) launching Vision Pro, the moment for the Metaverse may just be a few years away. With that in mind, Meta stock's 34.9 times trailing price-to-earnings (P/E) multiple doesn't seem too stretched, even though it's considerably higher than its five-year historical average of 24.2. The average Meta stock price target is $289.68, implying upside potential of 3.5%.	With Apple (NASDAQ:AAPL) launching Vision Pro, the moment for the Metaverse may just be a few years away. Few folks would have predicted that Meta Platforms (NASDAQ:META) stock would recover as quickly as it did in the past several months. Meta's Project 92 Could Give Twitter a Run for Its Money Over the nearer term, Meta has some lower-hanging fruit to pick.	With Apple (NASDAQ:AAPL) launching Vision Pro, the moment for the Metaverse may just be a few years away. Though shares have more than tripled off last year's low, there are still analysts out there who see more in the way of upside for Meta Platforms stock. The company's social-media business continues to be a cash cow, and with new AI innovations factored in, Meta has found a way to adapt in these harsh times, thanks to Zuckerberg's willingness to experiment with cutting-edge new technologies.
15275.0	2023-06-19 00:00:00 UTC	Meta Platforms (META) Brings AI in Audio Space With VoiceBox	AAPL	https://www.nasdaq.com/articles/meta-platforms-meta-brings-ai-in-audio-space-with-voicebox	nan	nan	Meta Platforms META recently launched VoiceBox, a new AI model that leverages generative AI to generate and edit speech in various ways. It learns from the context and performs tasks that it was not trained for. Voicebox can create high-quality audio clips and remove unwanted noises from existing audio. It can also match the style of any audio sample and produce speech in six languages. Its versatility enables various tasks such as In-context text-to-speech synthesis, speech editing and noise reduction, cross-lingual style transfer and diverse speech sampling. Voicebox can have many applications such as giving realistic voices to virtual characters, helping visually impaired people to hear messages in familiar voices and providing new tools for audio creation and editing. Meta Platforms, Inc. Price and Consensus Meta Platforms, Inc. price-consensus-chart \| Meta Platforms, Inc. Quote META Leveraging on Generative AI to Aid Prospects Shares of Meta have gained 133.5% year to date compared with the Zacks Computer and Technology sector’s 37.2% increase in the same time frame. Meta is leveraging on generative AI to enhance products and services and to create new experiences for users and customers. Higher investment in generative AI initiatives will likely drive growth. In April 2023, Meta launched a new generative AI tool called the segment anything model (SAM). Based on the input prompt, the tool allows segmentation of any image without additional training. In Feb 2023, Meta announced a new product group that will leverage generative AI for creative tools. Using the technology, Meta is reportedly working on building AI Personas that will enhance user experiences with text, images and video into Messenger and WhatsApp. Meta Platforms’ generative AI tools, once available, are expected to bolster the advertising market. It is seemingly testing AI-powered ad tools with a small set of advertisers and plans to grant access to more advertisers in July. Meta Faces Stiff Competition in the Metaverse Meta is trying to establish itself as a leader in the metaverse market, but it faces stiff competition from companies like Alphabet GOOGL, Apple AAPL and NVIDIA NVDA. In the ad space, Google continues to have a significant competitive edge, which could be a key source of revenues for the metaverse. It is reportedly engaged in a range of projects featuring its products and services that can enable metaverse applications. Apple’s long-standing reputation in innovation and design, leverages its expertise in augmented reality and wearable devices to create metaverse experiences. Earlier this month, Apple unveiled its first AR headset, Apple Vision Pro, as a step toward mixed reality. NVIDIA’s hardware solutions have been instrumental in rendering realistic and immersive metaverse environments. Its software applications allow developers to work together in creating new virtual realities, driving its initiatives toward the metaverse. However, this Zacks Rank #1 (Strong Buy) company has outperformed two out of its three competitors year to date. Shares of Alphabet, Apple and NVIDIA have gained 40%, 42.3% and 192.1% year to date, respectively. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for Meta Platforms' second-quarter 2023 revenues has been pegged at $30.8 billion indicating a year over year growth of 6.87%. Earnings estimates have remained unchanged at $2.82 in the past 30 days. Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Meta Faces Stiff Competition in the Metaverse Meta is trying to establish itself as a leader in the metaverse market, but it faces stiff competition from companies like Alphabet GOOGL, Apple AAPL and NVIDIA NVDA. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Using the technology, Meta is reportedly working on building AI Personas that will enhance user experiences with text, images and video into Messenger and WhatsApp.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Meta Faces Stiff Competition in the Metaverse Meta is trying to establish itself as a leader in the metaverse market, but it faces stiff competition from companies like Alphabet GOOGL, Apple AAPL and NVIDIA NVDA. Meta Platforms META recently launched VoiceBox, a new AI model that leverages generative AI to generate and edit speech in various ways.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Meta Faces Stiff Competition in the Metaverse Meta is trying to establish itself as a leader in the metaverse market, but it faces stiff competition from companies like Alphabet GOOGL, Apple AAPL and NVIDIA NVDA. Meta Platforms META recently launched VoiceBox, a new AI model that leverages generative AI to generate and edit speech in various ways.	Meta Faces Stiff Competition in the Metaverse Meta is trying to establish itself as a leader in the metaverse market, but it faces stiff competition from companies like Alphabet GOOGL, Apple AAPL and NVIDIA NVDA. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Meta Platforms, Inc. Price and Consensus Meta Platforms, Inc. price-consensus-chart \| Meta Platforms, Inc. Quote META Leveraging on Generative AI to Aid Prospects Shares of Meta have gained 133.5% year to date compared with the Zacks Computer and Technology sector’s 37.2% increase in the same time frame.
15276.0	2023-06-19 00:00:00 UTC	Bull-Bear Debate: 5 Crucial Factors to Consider in the Short-Term	AAPL	https://www.nasdaq.com/articles/bull-bear-debate%3A-5-crucial-factors-to-consider-in-the-short-term	nan	nan	Entering 2023, investors had concerns over a beaten-down tech sector, geopolitical risks like the war in Ukraine, the debt ceiling limit, higher inflation, rising interest rates, a regional banking crisis, and a pending recession. However, as evident by the price action thus far, Wall Street is bent on fooling the masses. True to its usual form, equity markets have manipulated the masses, brushed off the fear-mongering, and have climbed the proverbial “Wall of Worry.” After the beatdown that tech stocks endured in 2022, few anticipated returns of nearly 40% at this juncture of the year in the Nasdaq 100 ETF (QQQ). Image Source: Zacks Investment Research Now, after such a dramatic run in U.S. equities, the big question remains what happens from here? Below are Short-Term Factors to Consider: Confluence Zone: To investors, a price and volume chart is as essential to success as an X-Ray is to a doctor. In the short -term, the S&P 500 Index is approaching a critical “confluence level”. In technical analysis, a confluence zone is an area where two or more technical levels intersect. Traders use Fibonacci levels to determine potential price targets. While the tool can be controversial in its robustness, it is a highly watched technical level. Nevertheless, either way, because enough traders use it, it morphs into a “self-fulfilling prophecy”. On the weekly chart, the S&P 500 Index is running into the 1.618 extension level from the February correction. Image Source: TradingView If you scan your eye directly left on the chart, you will see the S&P 500 Index is simultaneously running into a large band of resistance from 2022. Sentiment: The CNN/Fear and Greed Sentiment Indicator is a measure that combines seven different market indicators to assess the overall feeling and emotional state of the market. Currently, the indicator is at the Extreme Greed level and the greediest levels of 2023. Gravity / Extension: Earlier this year, QQQ had one of the most considerable divergences from the Russell 2000 Small Cap Index in its history. Image Source: Zacks Investment Research Now, QQQ is extended by more than 10% above its 50-day moving average – a difficult extension level to sustain. Overbought Levels: The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movement in an asset, indicating whether it is overbought or oversold. The QQQ’s RSI is at the most overbought level in over a year. Image Source: Zacks Investment Research Key Leaders Approaching Resistance: Apple (AAPL) and Microsoft (MSFT), two of the strongest and most prominent market leaders, are approaching all-time highs. Typically, when a stock recovers to its all-time highs after an extended drawdown, it encounters initial sellers. Because of their heavy weightings, some digestion in these leaders could mean digestion in the overall market. Image Source: Zacks Investment Research Summary: Many short-term indicators point to a market that could use rest or digestion. However, investors should keep in mind that precisely predicting a pullback can be a challenging endeavor. For example, in the infant stages of bull markets (like now), overbought levels can become more overbought. That said, investors need to keep an odds-focused mindset. While it may be too soon to call for a pullback, the risk-reward on the long side is not as favorable as it was earlier in the year before the strong move higher in equities. Be patient and wait for your pitch. Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Image Source: Zacks Investment Research Key Leaders Approaching Resistance: Apple (AAPL) and Microsoft (MSFT), two of the strongest and most prominent market leaders, are approaching all-time highs. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports To read this article on Zacks.com click here. Entering 2023, investors had concerns over a beaten-down tech sector, geopolitical risks like the war in Ukraine, the debt ceiling limit, higher inflation, rising interest rates, a regional banking crisis, and a pending recession.	Image Source: Zacks Investment Research Key Leaders Approaching Resistance: Apple (AAPL) and Microsoft (MSFT), two of the strongest and most prominent market leaders, are approaching all-time highs. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports To read this article on Zacks.com click here. Image Source: Zacks Investment Research Now, QQQ is extended by more than 10% above its 50-day moving average – a difficult extension level to sustain.	Image Source: Zacks Investment Research Key Leaders Approaching Resistance: Apple (AAPL) and Microsoft (MSFT), two of the strongest and most prominent market leaders, are approaching all-time highs. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports To read this article on Zacks.com click here. Image Source: Zacks Investment Research Now, QQQ is extended by more than 10% above its 50-day moving average – a difficult extension level to sustain.	Image Source: Zacks Investment Research Key Leaders Approaching Resistance: Apple (AAPL) and Microsoft (MSFT), two of the strongest and most prominent market leaders, are approaching all-time highs. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports To read this article on Zacks.com click here. In technical analysis, a confluence zone is an area where two or more technical levels intersect.
15277.0	2023-06-19 00:00:00 UTC	3 Lesser-Known Stocks That Could Make You Rich	AAPL	https://www.nasdaq.com/articles/3-lesser-known-stocks-that-could-make-you-rich	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Mega-cap tech stocks and household brands seem to get all the attention from analysts, investors and the media. This is a shame, because there are many lesser-known stocks that have racked up huge gains in both the short and long-terms, and beaten the broader market by a wide margin. Typically, these are stocks of specialty companies that operate in a narrow segment of the economy. Many exceptionally well-run companies target a niche market and perform under the radar as small and medium-sized enterprise. Their executives don’t appear on CNBC and their ticker symbols aren’t splashed across the frontpage of The Wall Street Journal. But these stocks are like the little engine that could, quietly chugging their way to big gains for stockholders. Here are three lesser-known stocks that could make you rich. CROX Crocs $111.06 MNST Monster Beverage $58.81 DECK Deckers Outdoor $513.29 Crocs (CROX) Source: Wannee_photographer / Shutterstock.com Big gains can often be found in the stocks of unique, niche companies. Such is the case with Crocs (NASDAQ:CROX), the footwear company that specializes in making foam clogs. What started out as a novelty item sold largely seen along beach boardwalks has grown into a major corporation that today has more than 6,500 employees and annual sales in excess of $2 billion. Indeed, CROX stock has also been a powerhouse, gaining 117% over the last 12 months and increasing 508% over the past five years. CROX stock has outperformed the shares of both Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) since 2018. Foam clogs have literally bested the iPhone in terms of stock performance. Who knew? Key to Crocs’ success is the company’s endlessly inventive marketing campaigns, which emphasize fun and comfort to its consumers. The company most recently announced a partnership with Taco Bell that will see Crocs release a limited edition shoe with the restaurant’s branding. That kind of creativity has taken CROX stock far over the years, and should continue to do so. Monster Beverage (MNST) Source: Shutterstock Monster Beverage (NASDAQ:MNST) is likely familiar to many investors as the company that sells energy drinks with muscular names such as “Monster Energy,” “Relentless,” and “Burn.” However, MNST stock doesn’t get as much attention as it should, given its impressive track record of outperformance. The company’s share price is up 15% this year, has gained 33% over the last 12 months, risen 108% over five years, and increased 525% since June 2013. Twenty years ago, the stock was trading at 4 cents a share. The stellar performance of MNST stock can be attributed to the fact that energy drinks have become an accepted part of mainstream culture and continue to rise in popularity. Despite health warnings about the excessive amounts of caffeine and sugar in energy drinks, consumers can’t get enough of them. This has propelled Monster’s earnings and stock to new heights. Notably, MNST stock has split three times since 2012, most recently a two-for-one split executed in March of this year. Monster is now getting into the alcohol business, which it sees as a future driver of growth. In 2022, the company bought craft beer maker CANArchy for $330 million. CANArchy makes flavored malt liquor with compelling names such as “The Beast Unleashed.” Deckers Outdoor (DECK) Source: It for you / Shutterstock.com Another shoe company that is not widely known, but has been kicking butt lately, is Deckers Outdoor (NYSE:DECK). The company, which has been around since 1973, has seen its stock skyrocket. Over the last 12 months, DECK stock has increased 96%, including a 30% gain so far in 2023. Through five years, the share price has risen 325%. The success can be attributed to sales of the company’s Hoka brand of running shoes, which have become extremely popular among runners worldwide. Deckers Outdoor also makes UGG-branded footwear. Despite the huge run over the past year, analysts remain bullish on DECK stock. Raymond James (NYSE:RJF) just initiated coverage of Deckers Outdoor with an “outperform” (buy) rating and a price target that is 12% higher than where the shares currently trade. Sales at Decker continue to grow due to the popularity of Hoka runners. Consider that the company has beaten analysts’ expectations for earnings and revenue in every quarter since February 2022, and five analysts boosted their price targets on DECK stock since May 26 of this year. On the date of publication, Joel Baglole held a long position in AAPL. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post 3 Lesser-Known Stocks That Could Make You Rich appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	CROX stock has outperformed the shares of both Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) since 2018. On the date of publication, Joel Baglole held a long position in AAPL. What started out as a novelty item sold largely seen along beach boardwalks has grown into a major corporation that today has more than 6,500 employees and annual sales in excess of $2 billion.	CROX stock has outperformed the shares of both Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) since 2018. On the date of publication, Joel Baglole held a long position in AAPL. CROX Crocs $111.06 MNST Monster Beverage $58.81 DECK Deckers Outdoor $513.29 Crocs (CROX) Source: Wannee_photographer / Shutterstock.com Big gains can often be found in the stocks of unique, niche companies.	CROX stock has outperformed the shares of both Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) since 2018. On the date of publication, Joel Baglole held a long position in AAPL. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Mega-cap tech stocks and household brands seem to get all the attention from analysts, investors and the media.	CROX stock has outperformed the shares of both Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) since 2018. On the date of publication, Joel Baglole held a long position in AAPL. CROX Crocs $111.06 MNST Monster Beverage $58.81 DECK Deckers Outdoor $513.29 Crocs (CROX) Source: Wannee_photographer / Shutterstock.com Big gains can often be found in the stocks of unique, niche companies.
15278.0	2023-06-19 00:00:00 UTC	3 Smart Takes on 3 Dumb Stocks	AAPL	https://www.nasdaq.com/articles/3-smart-takes-on-3-dumb-stocks	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Have you ever bought the stock of an excellent company only to lose money? It happens all the time. The longer you invest, the more you realize you won’t make perfect decisions. More importantly, avoiding bad stocks is the key to long-term success. Warren Buffett’s investment advice on his top two rules for investing: “Don’t lose money. And don’t forget the first rule.” Smart stock picks often turn out to be the ones you didn’t buy rather than the ones you did. Buffett also recommends most investors buy a low-cost S&P 500 mutual fund or ETF. For today’s article, I thought I’d turn things on their head and discuss three smart arguments for owning dumb stocks. To do this, I must first identify three dumb stocks to pick. Every person’s version of what a dumb stock is differs. For me, a dumb stock is any company that uses debt to repurchase its shares. (Before all you Apple (NASDAQ:AAPL) shareholders burn my house to the ground, there are circumstances where it makes sense to use debt to buy back stock.) With that in mind, here are three smart takes on three “dumb” stocks. AAPL Apple $184.92 IBM International Business Machines $137.48 XOM Exxon Mobil $105.13 Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Barron’s article explained Apple’s $5.5 billion bond issuance with varying maturities from seven to 40 years in August 2022. The bonds had interest rates ranging from 3.25% to 4.1%, with the largest portion ($1.75 billion) at 3.95% maturing in August 2052, 30 years down the road. Now, the “Use of Proceeds” section doesn’t emphasize which capital allocation levers it will ultimately use. However, at least a big portion will go to stock repurchases. Due to Apple’s AAA credit rating, bond expert Martin Fridson speculated that CFO Luca Maestri may have alerted CEO Tim Cook about two things: the potential closing of the window for inexpensive debt issuance amid rising interest rates. Apple issued debt in August 2022, and interest rates increased by 200 basis points to 4.25%-4.5% that year. Rate hikes paused in June 2023, but two more 0.25% increases are expected by year-end, reaching a range of 5.50%-5.75%. On May 8, 2023, Apple issued five bonds at rates between 4.00% and 4.85%, raising gross proceeds of $5.25 billion. Repatriated cash from overseas is taxed at 15.5% and can be paid back interest-free over eight years in installments. Lower interest rates will prompt Apple to repatriate cash and pay down debt used for share buybacks. It’s capital allocation 101. International Business Machines (IBM) Source: JHVEPhoto / Shutterstock.com I’m not suggesting that International Business Machines (NYSE:IBM) is the poster child for capital allocation in corporate America. However, there have been times in its history when borrowing to buy back stock made complete sense. In May 2007, The New York Times reported on the tech company’s $11.5 billion borrowing for a share buyback. In 2007, IBM borrowed $11.5 billion through an international subsidiary, allowing them to use overseas cash for buybacks without incurring taxes. Remember, this was before the 2017 tax cuts. As a result, IBM would have had to pay 35% of any cash it brought back to the U.S. to pay for the share repurchases. For example, in Sept. 2007, as part of its plan, it issued $3 billion in 2017 notes at 5.7%. The company saved approximately $800 million by borrowing $3 billion at a low interest rate, instead of repatriating the funds and paying higher taxes. I’m not an IBM fan, but it’s hard to fault their math. Exxon Mobil (XOM) Source: Ken Wolter / Shutterstock.com Forbes published an interesting article in 2020 examining U.S. blue-chip companies’ $2.5 trillion debt binge. The article listed some of the biggest borrowers from the S&P 500. Exxon Mobil (NYSE:XOM) was one of them. The article highlighted that between 2010 and 2019, Exxon’s net debt grew from $6.6 billion to $49.7 billion, an increase of more than 10-times. It also noted that non-financial business debt had increased by 64% since 2010. Quantitative easing by the Federal Reserve fueled corporate debt used for share buybacks, reducing the S&P 500’s share count to a two-decade low, according to economist David Rosenberg. At the end of 2009, Exxon had 4.72 billion shares outstanding. By the end of 2019, that number had dropped to 4.23 billion, a 12% decrease in share count. That might seem like a small reduction. However, Exxon’s $41 billion acquisition of XTO Energy in 2010 led to the issuance of 416 million shares, resulting in a reduction of its share count by 906 million over the decade. The acquisition gave Exxon 45 trillion cubic feet of gas in the U.S. market, an area of weakness for the company at the time. That is not the case today, as it is one of the largest producers in Texas’s Permian Basin. Exxon Mobil’s debt might have increased, but so did its cash flow. As cash flow increases due to higher oil prices, the company is able to pay down its debt, and repeat the cycle. It works for the company. On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Will Ashworth has written about investments full-time since 2008. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment? The $1 Investment You MUST Take Advantage of Right Now The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Smart Takes on 3 Dumb Stocks appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	(Before all you Apple (NASDAQ:AAPL) shareholders burn my house to the ground, there are circumstances where it makes sense to use debt to buy back stock.) AAPL Apple $184.92 IBM International Business Machines $137.48 XOM Exxon Mobil $105.13 Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Barron’s article explained Apple’s $5.5 billion bond issuance with varying maturities from seven to 40 years in August 2022. The company saved approximately $800 million by borrowing $3 billion at a low interest rate, instead of repatriating the funds and paying higher taxes.	AAPL Apple $184.92 IBM International Business Machines $137.48 XOM Exxon Mobil $105.13 Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Barron’s article explained Apple’s $5.5 billion bond issuance with varying maturities from seven to 40 years in August 2022. (Before all you Apple (NASDAQ:AAPL) shareholders burn my house to the ground, there are circumstances where it makes sense to use debt to buy back stock.) It’s capital allocation 101. International Business Machines (IBM) Source: JHVEPhoto / Shutterstock.com I’m not suggesting that International Business Machines (NYSE:IBM) is the poster child for capital allocation in corporate America.	AAPL Apple $184.92 IBM International Business Machines $137.48 XOM Exxon Mobil $105.13 Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Barron’s article explained Apple’s $5.5 billion bond issuance with varying maturities from seven to 40 years in August 2022. (Before all you Apple (NASDAQ:AAPL) shareholders burn my house to the ground, there are circumstances where it makes sense to use debt to buy back stock.) InvestorPlace - Stock Market News, Stock Advice & Trading Tips Have you ever bought the stock of an excellent company only to lose money?	(Before all you Apple (NASDAQ:AAPL) shareholders burn my house to the ground, there are circumstances where it makes sense to use debt to buy back stock.) AAPL Apple $184.92 IBM International Business Machines $137.48 XOM Exxon Mobil $105.13 Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Barron’s article explained Apple’s $5.5 billion bond issuance with varying maturities from seven to 40 years in August 2022. For me, a dumb stock is any company that uses debt to repurchase its shares.
15279.0	2023-06-19 00:00:00 UTC	Trillion-Dollar Tech: 3 Stocks Poised for Unprecedented Growth	AAPL	https://www.nasdaq.com/articles/trillion-dollar-tech%3A-3-stocks-poised-for-unprecedented-growth	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Innovation driven growth is the keyword when it comes to analysing the tech stocks to buy. With new technologies and ideas overpowering the existing ones, it’s impossible for tech companies to survive without investment in research and development. Some of the biggest innovators in the technology sector already command a valuation that’s in excess of one trillion. It’s time to set target in bigger gains and scan for tech stocks to buy that can potentially reach the $10 trillion milestone. I believe that there are several potential $10 trillion tech stocks to buy. In the next three to five years, this target can possibly be achieved. Besides investment in innovation, product diversification and a global reach are the catalysts for growth and valuation upside. It goes without saying that the tech stocks discussed have robust cash flows. This enables big investments in R&D without any stress on the balance sheet. Let’s discuss the reasons to be bullish on these potential $10 trillion tech stocks. Apple (AAPL) Source: Moab Republic / Shutterstock I can say with some conviction that Apple (NASDAQ:AAPL) will be the first company to reach the magic $10 trillion valuation. The innovator has been in a bullish mode and AAPL stock has surged by 48% for the year. Even after this rally, the stock trades at an attractive forward price-earnings ratio of 30.8. The first thing that I want to point out is the company’s cash flow potential. For the first six months of FY 2023, Apple reported $62.6 billion in operating cash flows. The annual OCF is already above $125 billion. Further, Apple reported $167 billion in cash and equivalents. Therefore, the company has robust financial flexibility to make big investments in innovation. Apple recently unveiled the $3,500 AR/VR headset, which is the most significant product launch in a decade. The company’s electric car’s potential launch in 2026 is also being speculated. Further, Apple is well diversified with the services and wearable segment likely to get bigger. From a regional diversification perspective, the company is focused on big markets like India. Nvidia Corporation (NVDA) Source: sdx15 / Shutterstock.com Nvidia Corporation (NASDAQ:NVDA) has skyrocketed by almost 200% for the year. I would wait for some correction before considering exposure to this potential $10 trillion tech stock. With the wider application of artificial intelligence, Nvidia is likely to one of the biggest beneficiaries. The company’s solutions include data center, cloud computing, robotics, high-performance computing, and self-driving vehicles, among others. For Q1 2024, Nvidia reported robust revenue growth of 19% to $7.19 billion. The company has guided for revenue of $11 billion for Q2 2024. An important point to note is that the automotive segment revenue increased by 114% on a year-on-year basis to $296 million. With the automotive design win pipeline increasing to $14 billion over the next six years, the segment is likely to be big. Further, data center revenue growth was also healthy at 14%. Nvidia reported operating cash flow of $2.9 billion for the quarter. This implies an annualized OCF potential of $12 billion. Given the growth trajectory, I expect OCF to swell significantly in the next five years. Microsoft (MSFT) Source: Asif Islam / Shutterstock.com Microsoft (NASDAQ:MSFT) stock has also been in an uptrend with a rally of 45% for the year. It’s among the tech stocks to buy for multibagger returns as the company gradually moves towards $10 trillion in valuation. For Q3 2023, Microsoft reported revenue growth of 7% to $52.9 billion on a year-on-year basis. Revenue from the intelligent cloud business increased by 16% to $22.1 billion. This segment is likely to remain the growth driver with Microsoft Cloud supporting the acceleration of AI across industries. It’s worth noting that Microsoft reported operating and free cash flow of $24.4 billion and $17.8 billion respectively for Q3. Strong financial flexibility provides ample headroom for dividends, share repurchase, and acquisitions. In January 2023, Microsoft had announced a “multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI.” The company believes that the investment will help the two companies engage “supercomputing at scale and create new AI-powered experiences.” The key point here is that Microsoft will remain ahead of the curve through these investments. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post Trillion-Dollar Tech: 3 Stocks Poised for Unprecedented Growth appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (AAPL) Source: Moab Republic / Shutterstock I can say with some conviction that Apple (NASDAQ:AAPL) will be the first company to reach the magic $10 trillion valuation. The innovator has been in a bullish mode and AAPL stock has surged by 48% for the year. With new technologies and ideas overpowering the existing ones, it’s impossible for tech companies to survive without investment in research and development.	Apple (AAPL) Source: Moab Republic / Shutterstock I can say with some conviction that Apple (NASDAQ:AAPL) will be the first company to reach the magic $10 trillion valuation. The innovator has been in a bullish mode and AAPL stock has surged by 48% for the year. It goes without saying that the tech stocks discussed have robust cash flows.	Apple (AAPL) Source: Moab Republic / Shutterstock I can say with some conviction that Apple (NASDAQ:AAPL) will be the first company to reach the magic $10 trillion valuation. The innovator has been in a bullish mode and AAPL stock has surged by 48% for the year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Innovation driven growth is the keyword when it comes to analysing the tech stocks to buy.	Apple (AAPL) Source: Moab Republic / Shutterstock I can say with some conviction that Apple (NASDAQ:AAPL) will be the first company to reach the magic $10 trillion valuation. The innovator has been in a bullish mode and AAPL stock has surged by 48% for the year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Innovation driven growth is the keyword when it comes to analysing the tech stocks to buy.
15280.0	2023-06-19 00:00:00 UTC	Is the Bear Market Over? Big Tech Already Told You the Answer	AAPL	https://www.nasdaq.com/articles/is-the-bear-market-over-big-tech-already-told-you-the-answer	nan	nan	All three major indices are now up more than 20% from their bear market lows, leading some pundits to declare a new bull market is in the air. While "bull market" is as much a term of art as a hard investing concept, the stock market rally this year shouldn't be ignored, especially the surge in recent weeks. The chart below shows how all three indexes have performed this year. Data by YCharts. If you're looking to read the tea leaves as to the market's direction, there's no better place to look than big tech companies. I'm talking about Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA). Together, those companies represent roughly $10.5 trillion in market value and have outsize influence over the U.S. economy, representing a wide range of businesses, including computers and smartphones, software, digital advertising, semiconductors, e-commerce, cloud computing, social media, electric cars, artificial intelligence, and more. As the chart below shows, all seven of these stocks have easily outpaced even the Nasdaq this year, and three of them have more than doubled in value this year, a remarkable feat for some of the biggest companies in the country. Data by YCharts. It's worth paying attention to these companies not just because they make up such a large chunk of the stock market and the overall economy but because the tech sector is often a leading indicator for the economy and the stock market. Spending in areas like digital advertising, software, and cloud computing is often easy for companies to pull back, which means the stocks tend to dip before the broad market and recover earlier. And that seems to be reflected in the current market. The tech recession is over Not only are big tech stocks soaring this year, but the underlying business performance also seems to indicate that the worst is in the past for these companies. The wave of layoffs that hit many of the stocks above and smaller tech stocks from late 2022 to early 2023 seems to have passed. Even the brief banking crisis that hit tech-friendly banks like SVB Financial has been contained. With the layoffs in the past, much of the sector is now leaner and should be more profitable, especially as they return to revenue growth. First-quarter results also showed revenue growth for all of these companies, except Tesla, reaccelerating; in many cases, that reacceleration came after several quarters of slowing revenue growth as most of these companies experienced booms during the pandemic. Data by YCharts. YoY = Year-over-year. Most of these companies only saw a modest rebound in revenue growth in the first quarter, but that doesn't matter. The important thing is that the downturn has ended, and revenue growth is inflecting. As you can see from the chart below, analysts also expect sequential revenue growth at all of these companies, except Apple, in the current quarter. Data by YCharts. That's another sign that the worst of the tech recession has passed, and the general bullishness around artificial intelligence also supports this resurgence. What it means for investors With all these stocks having jumped this year, they're now trading at arguably stretched valuations. That's a reflection of the market's belief that their earnings will soon grow to reflect those higher valuations. Apple, for example, is already trading around all-time highs, as is Microsoft. While there could be more gains to come from these big tech names, investors might have better luck looking to beaten-down stocks like Upstart, which has only started to recover; the ad tech sector, which has yet to get the same tailwind as Alphabet and Meta are getting; and even cyclical names like Carnival, as a new bull market is likely to be generous to the cruise sector. Overall, the surge in tech stocks and the improving results in the first quarter show that, barring any unforeseen events, the bear market is over, no matter what your definition of a new bull market is. 10 stocks we like better than Microsoft When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Microsoft wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. SVB Financial provides credit and banking services to The Motley Fool. Jeremy Bowman has positions in Amazon.com, Meta Platforms, and Upstart. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, Tesla, and Upstart. The Motley Fool recommends Carnival Corp. and SVB Financial. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	I'm talking about Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA). Spending in areas like digital advertising, software, and cloud computing is often easy for companies to pull back, which means the stocks tend to dip before the broad market and recover earlier. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.	I'm talking about Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA). Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, Tesla, and Upstart.	I'm talking about Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA). It's worth paying attention to these companies not just because they make up such a large chunk of the stock market and the overall economy but because the tech sector is often a leading indicator for the economy and the stock market. While there could be more gains to come from these big tech names, investors might have better luck looking to beaten-down stocks like Upstart, which has only started to recover; the ad tech sector, which has yet to get the same tailwind as Alphabet and Meta are getting; and even cyclical names like Carnival, as a new bull market is likely to be generous to the cruise sector.	I'm talking about Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA). The tech recession is over Not only are big tech stocks soaring this year, but the underlying business performance also seems to indicate that the worst is in the past for these companies. As you can see from the chart below, analysts also expect sequential revenue growth at all of these companies, except Apple, in the current quarter.
15281.0	2023-06-19 00:00:00 UTC	Did We Just Go From a Bear Market to a Stock Market Bubble?	AAPL	https://www.nasdaq.com/articles/did-we-just-go-from-a-bear-market-to-a-stock-market-bubble	nan	nan	It's amazing what a difference a year -- or even a few months -- can make on Wall Street. In 2021, the mature-business-packed Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), all galloped to record highs. In 2022, they all plunged into a bear market, with the Nasdaq truly taking it on the chin with a 33% loss. But just five-and-a-half months into 2023, two of the three major indexes are, once again, off to the races. The S&P 500 and Nasdaq are higher by 15.3% and 31.7%, respectively, through June 15, with the Nasdaq 100 -- an index comprised of the 100 largest nonfinancial companies listed on the Nasdaq exchange -- higher by 39.1%. Image source: Getty Images. Is the stock market in a bubble? By one rule of thumb, a 20% bounce from bear market lows signals the start of a new bull market. With the exception of the iconic Dow, which wasn't hit nearly as hard in 2022, the S&P 500, Nasdaq Composite, and Nasdaq 100 have all bounce more than 20% from their 2022 lows, and by this definition entered a new bull market. But when examined in a different light, Wall Street appears to have shifted from a bear market to a bubble in the blink of an eye. To be completely fair, it's incredibly difficult to spot bubbles prior to, and even during, their occurrence. It's only after a bubble pops that investors can look back with confidence and note that valuations and investors' emotions got out of hand. In certain respects, the stock market doesn't meet the traditional definition of being in a bubble. For instance, the forward-year price-to-earnings (P/E) ratio for the benchmark S&P 500 stood at nearly 19 on June 15. That's toward the midpoint of the forward P/E valuation range of the S&P 500 over the past 25 years and, by itself, doesn't raise any red flags. However, if we take a closer look at market breadth, the history of next-big-thing investments, and another closely watched valuation metric, the story changes. Poor market breadth signals Wall Street may be in a precarious spot Although the S&P 500 and growth-focused Nasdaq Composite are decisively higher this year, only a very small number of megacap stocks are responsible for this move. AAPL data by YCharts. As you can see above, Apple (NASDAQ: AAPL), Microsoft, Amazon, Nvidia (NASDAQ: NVDA), Alphabet, Tesla, Netflix and Meta Platforms have soared this year. Collectively, these seven companies and eight securities (including Alphabet's two share classes) account for 27.56% of the weighting for the S&P 500. Remove these eight components from the equation and the S&P 500 would barely be up on a year-to-date basis. Now, don't get me wrong, larger companies should have more weighting within the index. But the vast outperformance we've seen from seven of the largest publicly traded companies in the U.S., compared to the other 490-plus components in the S&P 500, is eyebrow-raising and a clear sign of poor market breadth. What's more, the valuations for some of these seven stocks are well outside of their historic norms. For instance, investors are paying a multiple of 31 times fiscal 2023 earnings (Apple's fiscal year ends in late September) to own shares of Apple. That's more than double the average year-end P/E ratio investors were paying to own shares of Apple from the start of 2013 through 2018. Worst of all, Apple's sales and profits are expected to decline by a low-single-digit percentage this year, even with above-average inflation as a tailwind. It's a similar story for Nvidia. Between 2013 and 2015, investors were buying shares of this graphics processing unit (GPU) giant for between 11-and-17-times cash flow. Following a near-tripling in its shares this year, Nvidia is priced at a nosebleed 156 times its trailing-12-month cash flow. Image source: Getty Images. Next-big-thing investments have a way of (initially) disappointing Another concern for Wall Street is what's been driving the rally in the aforementioned seven companies: artificial intelligence (AI). AI describes the use of software and systems to handle tasks that humans would normally oversee. What makes AI so intriguing is the incorporation of machine learning, which allows software and systems to evolve over time and become more efficient at their tasks. AI has broad application in virtually all sectors and industries, with PwC forecasting a $15.7 trillion AI-driven economic impact by 2030. We've certainly seen tangible evidence of AI driving enterprise demand. Nvidia, which accounts for the lion's share of AI-focused GPUs being used in data centers, guided for $11 billion in fiscal second-quarter 2024 sales, which blew Wall Street's expectation of $7.2 billion in sales out of the water. Nevertheless, next-big-thing investments have a terrible track record of leading FOMO (fear of missing out) investors to sizable losses. While virtually no one is denying that AI represents an intriguing opportunity for businesses to take advantage of, the actual demand for AI products and services over the next couple of years is almost certain to fall short of current lofty forecasts. If we look back 30 years, every single next-big-thing investment went through an initial bubble period before either taking off for good or completely fizzling out. Whether it was the internet, business-to-business commerce, genome decoding, cannabis, 3D printing, or the metaverse, every innovation needs time to mature. AI isn't a case of "this time will be different." The Shiller P/E ratio is in dangerous territory From a valuation perspective, the most damning evidence of all that we might have jumped straight from the 2022 bear market into a stock market bubble is the Shiller P/E ratio, which is also commonly referred to as the cyclically adjusted price-to-earnings ratio (CAPE ratio). S&P 500 Shiller CAPE Ratio data by YCharts. Most investors are probably familiar with dividing a company's share price into its trailing-12-month earnings to arrive at its P/E ratio -- i.e., the most-popular valuation metric. The S&P 500's Shiller P/E ratio is different in that it's based on average inflation-adjusted earnings from the previous 10 years. Using 10 full years of earnings data helps minimize potentially wild one-year swings in corporate earnings to get a cleaner picture and how cheap or expensive the S&P 500 is. On June 15, the Shiller P/E ratio closed at 30.9. Not only is this well above its median of 17.03, when back-tested to 1870, but it also represents dangerous territory, at least based on what history tells us. Since 1870, there have only been five prior instances where the Shiller P/E surpassed 30. In all five of those instances, the Dow Jones or S&P 500 lost between 20% and 89% of their respective value. The implication here is that perceived-to-be extended valuations always, eventually (key word!), get reined in by Wall Street. The sixth instance of the S&P Shiller P/E surpassing 30 occurred this year. The one caveat to the S&P 500's Shiller P/E ratio surpassing 30 is there's no rhyme or reason to how long valuations can stay extended. Sometimes it takes a matter of weeks or months before the benchmark index sheds 20% or more of its value. In other occasions, it's taken years before the valuation bubble burst. In other words, the Shiller P/E ratio isn't a timing tool, but it can serve as a warning that valuations are in bubble territory. Though it's incredibly difficult to spot bubbles before they pop, there is evidence to suggest that we're in, or near, a stock market bubble. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Nvidia wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Sean Williams has positions in Alphabet, Amazon.com, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Netflix, Nvidia, and Tesla. The Motley Fool recommends Nasdaq. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	AAPL data by YCharts. As you can see above, Apple (NASDAQ: AAPL), Microsoft, Amazon, Nvidia (NASDAQ: NVDA), Alphabet, Tesla, Netflix and Meta Platforms have soared this year. In 2021, the mature-business-packed Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), all galloped to record highs.	As you can see above, Apple (NASDAQ: AAPL), Microsoft, Amazon, Nvidia (NASDAQ: NVDA), Alphabet, Tesla, Netflix and Meta Platforms have soared this year. AAPL data by YCharts. For instance, investors are paying a multiple of 31 times fiscal 2023 earnings (Apple's fiscal year ends in late September) to own shares of Apple.	As you can see above, Apple (NASDAQ: AAPL), Microsoft, Amazon, Nvidia (NASDAQ: NVDA), Alphabet, Tesla, Netflix and Meta Platforms have soared this year. AAPL data by YCharts. Poor market breadth signals Wall Street may be in a precarious spot Although the S&P 500 and growth-focused Nasdaq Composite are decisively higher this year, only a very small number of megacap stocks are responsible for this move.	AAPL data by YCharts. As you can see above, Apple (NASDAQ: AAPL), Microsoft, Amazon, Nvidia (NASDAQ: NVDA), Alphabet, Tesla, Netflix and Meta Platforms have soared this year. Is the stock market in a bubble?
15282.0	2023-06-19 00:00:00 UTC	3 Semiconductor Stocks Leading the AI Charge	AAPL	https://www.nasdaq.com/articles/3-semiconductor-stocks-leading-the-ai-charge	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Artificial Intelligence (AI) has received remarkable buzz this year. The release of OpenAI’s ChatGPT has captured the imaginations of technology enthusiasts, social commentators, investors and everyday consumers. ChatGPT’s profound capabilities, from helping calculus students with their math homework to debugging entire complex algorithms, has made investors contemplate: “What is next for the AI revolution?” Tech companies invested in AI breakthroughs have performed well as investors have sought to get in on the AI hype. If an investor were looking for favorable returns on an investment in AI stocks, a safer bet could be to target the publicly listed semiconductor companies making AI possible, rather than the cash-burning businesses of some AI startups. Below is a list of 3 semiconductor stocks leading the AI charge. Nvidia (NVDA) Source: sdx15/Shutterstock Nvidia (NASDAQ:NVDA) needs little introduction at this point, as shares of the well-renowned graphics card designer are up almost 187% year-to-date. Nvidia’s A100 and H100 chips help power the elaborate large language models (LLMs) used to train AI chatbots like ChatGPT. In a prior piece I wrote for InvestorPlace, I cautioned against investing in Nvidia. I had reservations due to decelerating revenue growth from a lack of consumer demand for graphics chips. Indeed, the chipmaker did report a 38% year-over-year decrease in revenues for its ‘Gaming’ division. However, Nvidia’s financial results were driven well-above expectations due to a demand for its AI chips used in data centers. To gain on the upside of the artificial intelligence craze, Nvidia looks increasingly like a good long-term bet. Despite macroeconomic factors dampening graphics cards sales, Nvidia’s leading position in AI language model chips implies a positive future for the company. Advanced Micro Devices (AMD) Source: JHVEPhoto / Shutterstock.com Advanced Micro Devices (NASDAQ:AMD) has garnered significant attention from investors and consumers alike over the recent years. The company has a larger breadth of products than Nvidia, designing both central processing units (CPUs), powering many modern PCs and servers and graphics cards. To the surprise of many market observers, AMD’s CPUs have been able to steal significant market share from microprocessor giant, Intel (NASDAQ:INTC), and those trends do not appear to be reversing. When it comes to graphics cards powering the AI revolution, there is still room for AMD to grow and improve. This Tuesday, AMD announced the MI300x GPU which will compete with Nvidia’s A100 and H100 chips on training AI models. If AMD can price competitively there could be a clear opportunity for the company to capture market share. AMD has an arduous uphill battle to dethrone Nvidia, who currently claims 80% of the AI chip market for itself. Despite that, I urge market spectators to continue observing how this competitive landscape will alter over the next year. Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple’s (NASDAQ:AAPL) is in a unique position to lead the charge in a market dominated by traditional semiconductor companies. For many, the beloved consumer electronics giant would probably be the least likely contender for this list. However, its sizable cash balance and experiments with AI in their “Bionic” CPUs have given the company a unique opportunity. Apple has spent the past decade as both a leading consumer electronics provider and semiconductor designer. The company is developing fast and efficient in-house systems-on-a-chip (SoC) and relying less on semiconductor components designed by Qualcomm. The “Bionic” chips, which were first released as the A11 chipset on the iPhone 8 in 2017, included, for the first time, a dedicated neural processor designed for tasks such as face and speech recognition. The chipset has gone through multiple iterations since its release, and they have consistently outperformed Qualcomm’s own “Snapdragon” SoCs, which are primarily used on smartphones running Alphabet’s (NASDAQ:GOOGL,NASDAQ:GOOG) Google Android software. Similarly, in 2020, Apple launched the M1 chipset, and these have begun to replace Intel’s CPUs in Apple’s Macs. All in all, Apple has had much success in building its own chipsets that utilize AI. This coupled with the fact the company is boasting a large $55 billion cash and saleable investment balance on its balance sheet, indicates Apple has plenty more leg-room to invest in the world of AI. On the date of publication, Tyrik Torres did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Tyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment? The $1 Investment You MUST Take Advantage of Right Now The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Semiconductor Stocks Leading the AI Charge appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple’s (NASDAQ:AAPL) is in a unique position to lead the charge in a market dominated by traditional semiconductor companies. The company has a larger breadth of products than Nvidia, designing both central processing units (CPUs), powering many modern PCs and servers and graphics cards. The “Bionic” chips, which were first released as the A11 chipset on the iPhone 8 in 2017, included, for the first time, a dedicated neural processor designed for tasks such as face and speech recognition.	Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple’s (NASDAQ:AAPL) is in a unique position to lead the charge in a market dominated by traditional semiconductor companies. Nvidia (NVDA) Source: sdx15/Shutterstock Nvidia (NASDAQ:NVDA) needs little introduction at this point, as shares of the well-renowned graphics card designer are up almost 187% year-to-date. Despite macroeconomic factors dampening graphics cards sales, Nvidia’s leading position in AI language model chips implies a positive future for the company.	Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple’s (NASDAQ:AAPL) is in a unique position to lead the charge in a market dominated by traditional semiconductor companies. ChatGPT’s profound capabilities, from helping calculus students with their math homework to debugging entire complex algorithms, has made investors contemplate: “What is next for the AI revolution?” Tech companies invested in AI breakthroughs have performed well as investors have sought to get in on the AI hype. If an investor were looking for favorable returns on an investment in AI stocks, a safer bet could be to target the publicly listed semiconductor companies making AI possible, rather than the cash-burning businesses of some AI startups.	Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple’s (NASDAQ:AAPL) is in a unique position to lead the charge in a market dominated by traditional semiconductor companies. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Artificial Intelligence (AI) has received remarkable buzz this year. Despite macroeconomic factors dampening graphics cards sales, Nvidia’s leading position in AI language model chips implies a positive future for the company.
15283.0	2023-06-18 00:00:00 UTC	3 Tech Titans Leading the Charge Toward $10 Trillion Valuation	AAPL	https://www.nasdaq.com/articles/3-tech-titans-leading-the-charge-toward-%2410-trillion-valuation	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hitting a $1 trillion valuation is a real milestone for a publicly traded company. Very few companies have achieved such a high market capitalization; nearly all are large, widely held technology securities. These tech titans have ascended to new heights as their shareholder base has widened and their share price has grown exponentially. With markets recovering from the downturn experienced throughout most of 2022, tech stocks are again ascending to new heights, raising the question of when we can expect to see a stock reach a $10 trillion valuation. While that lofty goal might seem implausible today, remember that a $1 trillion valuation seemed hard to imagine just a few years ago. The first $1 trillion valuation was only achieved in 2018. Here is a list of three tech titans leading the charge toward a $10 trillion valuation. Apple (AAPL) Source: Moab Republic / Shutterstock Shares of Apple (NASDAQ:AAPL) are again trading at an all-time high, and the company’s stock is back near a $3 trillion market capitalization. Apple has the biggest market cap among tech titans and will likely reach a $10 trillion valuation first. Currently, Apple has the highest valuation of any stock in the world. Apple’s stock has been propelled nearly 50% higher this year on improving sentiment towards tech stocks and as the company continues to expand and improve its products. Most recently, Apple introduced a new augmented reality headset that consumers can use to watch movies and surf the internet. That will retail for $3,500 when it is available in early 2024. The company also constantly updates and improves its popular iPhone, Macbook, and Apple Watch consumer products. And it’s pushing into new areas ranging from streaming to buy now, pay later. AAPL stock remains one of the best tech stocks investors can own, having risen 1,100% over the last decade. Nvidia (NVDA) Source: Poetra.RH / Shutterstock.com Microchip and semiconductor company Nvidia (NASDAQ:NVDA) has just joined the $1 trillion valuation club. NVDA stock has a market capitalization of $1.07 trillion, reaching the milestone on June 13 of this year. Nvidia is the seventh U.S. company to achieve a $1 trillion valuation. And the momentum behind Nvidia’s stock shows no signs of slowing down. Fueled by the hype surrounding using its chips in artificial intelligence (AI), Nvidia’s share price has gained 201% year to date. The major catalyst for Nvidia’s stock occurred when it announced its earnings on May 24. The chipmaker provided forward guidance 50% higher than analysts’ consensus forecasts, driven by demand for its chips among AI companies. The company’s earnings and revenue for this year’s first quarter also trounced Wall Street expectations. NVDA stock jumped more than 25% higher immediately after the earnings print and continues to run hot. And AI demand is still in its infancy, say many analysts. Alphabet (GOOG, GOOGL) Source: IgorGolovniov / Shutterstock.com Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is another tech titan that is a member of the exclusive $1 trillion valuation club. The parent company of the Google search engine currently has a market capitalization of $1.59 trillion. As with AAPL and NVDA stocks, shares of GOOGL have the wind in their sails right now as markets recover from last year’s tech wreck and as excitement around AI grows stronger. Alphabet is, of course, a world leader in AI through its Google Brain and DeepMind research units, which it recently merged. Alphabet has been busy announcing and rolling out several new AI products this year. The biggest announcement concerns the company’s Bard generative AI chatbot, a competitor to the wildly popular ChatGPT platform. Going forward, Alphabet plans to use AI to enhance most of its consumer products, including its suite of digital products — from Gmail to Google Maps. Following some initial missteps, Alphabet seems to have won over analysts and investors with its plans, sending GOOGL stock up 40% this year. On the date of publication, Joel Baglole held long positions in AAPL, NVDA and GOOGL. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment? The $1 Investment You MUST Take Advantage of Right Now The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Tech Titans Leading the Charge Toward $10 Trillion Valuation appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As with AAPL and NVDA stocks, shares of GOOGL have the wind in their sails right now as markets recover from last year’s tech wreck and as excitement around AI grows stronger. Apple (AAPL) Source: Moab Republic / Shutterstock Shares of Apple (NASDAQ:AAPL) are again trading at an all-time high, and the company’s stock is back near a $3 trillion market capitalization. AAPL stock remains one of the best tech stocks investors can own, having risen 1,100% over the last decade.	Apple (AAPL) Source: Moab Republic / Shutterstock Shares of Apple (NASDAQ:AAPL) are again trading at an all-time high, and the company’s stock is back near a $3 trillion market capitalization. AAPL stock remains one of the best tech stocks investors can own, having risen 1,100% over the last decade. As with AAPL and NVDA stocks, shares of GOOGL have the wind in their sails right now as markets recover from last year’s tech wreck and as excitement around AI grows stronger.	Apple (AAPL) Source: Moab Republic / Shutterstock Shares of Apple (NASDAQ:AAPL) are again trading at an all-time high, and the company’s stock is back near a $3 trillion market capitalization. AAPL stock remains one of the best tech stocks investors can own, having risen 1,100% over the last decade. As with AAPL and NVDA stocks, shares of GOOGL have the wind in their sails right now as markets recover from last year’s tech wreck and as excitement around AI grows stronger.	Apple (AAPL) Source: Moab Republic / Shutterstock Shares of Apple (NASDAQ:AAPL) are again trading at an all-time high, and the company’s stock is back near a $3 trillion market capitalization. AAPL stock remains one of the best tech stocks investors can own, having risen 1,100% over the last decade. As with AAPL and NVDA stocks, shares of GOOGL have the wind in their sails right now as markets recover from last year’s tech wreck and as excitement around AI grows stronger.
15284.0	2023-06-18 00:00:00 UTC	Guru Fundamental Report for AAPL	AAPL	https://www.nasdaq.com/articles/guru-fundamental-report-for-aapl-5	nan	nan	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. FUNDAMENTAL MOMENTUM: PASS TWELVE MINUS ONE MOMENTUM: PASS FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance. Additional Research Links Top NASDAQ 100 Stocks Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL).	Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.	Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
15285.0	2023-06-18 00:00:00 UTC	Unlock the Potential of These 7 Cash-Flow Machines	AAPL	https://www.nasdaq.com/articles/unlock-the-potential-of-these-7-cash-flow-machines	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are several reasons to seek out high-cash-flow stocks. In the simplest terms, companies that generate strong cash flow can pay – and increase – dividends, develop new products and buy back shares among other things. Free cash flow is the cash a company has left over even after paying for things such as capital expenditures and dividend payments. In other words, the company is “free” to use this cash for whatever they need to use it for. But like many other things, it’s important to put free cash flow in context. Some companies generate free cash flow because they have stopped growing. While that may be okay for income-oriented investors, most dividend investors want to maximize their total return. The seven stocks on this list are high cash flow stocks that are also profitable stock investments. AAPL Apple $184.92 AVGO Broadcom $868.11 CVX Chevron $157.26 CAT Caterpillar $245.27 ABBV AbbVie $138.64 PFE Pfizer $40.06 KO Coca-Cola $61.67 Apple (AAPL) Source: Vytautas Kielaitis / Shutterstock.com Apple (NASDAQ:AAPL) is up about 43% in 2023. It’s a nice reward for investors who piled into the stock when it was trading under $130 in Dec. 2022. Even now, Apple continues to be a polarizing stock. In fact, the company, well-known for its iconic products, such as the iPhone, remains an important source of revenue. But the company is much more than the iPhone. And the combination of those products and services has turned Apple into a cash-generating machine. As of June 2023, estimates have the company generating $163 billion of cash every day. Much of this becomes free cash flow. In the last two years, Apple’s FCF in 2022 was $92.95 billion a gain of over 57% in two years. In 2023, the company’s FCF is projected to grow an additional 23% to $115 billion. And by 2030, free cash flow will top $203 billion. Broadcom (AVGO) Source: Vova Shevchuk / Shutterstock.com Broadcom (NASDAQ:AVGO) is another one of the high cash flow stocks that is one of the market’s best-performing stocks. AVGO stock is up 58% as the entire chip sector is recovering after leading the market downturn in 2022. Demand for semiconductors remains strong, and the emergence of artificial intelligence applications will fuel future growth. But the base case for Broadcom is a little simpler. The company recently announced a partnership with Apple that will ensure continued revenue growth and earnings growth. The company’s strong profit margins are already fueling free cash flow growth which is expected to remain in the $17 to $18 billion range between now and 2030. AVGO stock has a forward P/E ratio of around 23x earnings. That’s not exactly cheap, but investors get an attractive dividend that has a yield of 2.08% and an annual payout of $18.40 per share. Plus the company has increased its dividend in each of the last 13 years. Chevron (CVX) Source: Sundry Photography / Shutterstock.com If you could only pick one heavy cash flow energy stock, you can’t do much better than Chevron (NYSE:CVX). Chevron’s free cash flow topped $21 billion in 2022. And it’s expected to grow at an average of 7.14% in the next eight years. As one of the “big oil” stocks, Chevron is out of favor with many investors. And it’s also drawing the ire of lawmakers because of the company’s “windfall” profits. However, CVX shareholders certainly appreciate the company’s focus on providing value to its shareholders with its share buybacks and a dividend that currently has a yield of 3.82%. And in this time of economic uncertainty, CVX stock is undervalued with a P/E ratio of just over 7x earnings. The company has also taken steps to reduce its debt which means that more buybacks and dividend growth are a near certainty. Caterpillar (CAT) Source: Epic Cure / Shutterstock Caterpillar (NYSE:CAT) shareholders have been among the biggest beneficiaries of the current market rally. The stock has erased a 30% loss for the year to being and is now posting a small gain. With more infrastructure money continuing to flow into the economy, the stock has room to run. Even with the recent run-up CAT stock is attractively valued at just 13x forward earnings. Plus, the company is a dividend aristocrat having increased its dividend in each of the last 30 consecutive years. In terms of free cash flow, Caterpillar doesn’t have the eye-popping numbers of some of the stocks on this list. But for investors who are looking for a safe haven stock, Caterpillar is a strong choice. The company’s FCF is expected to remain in the range of $7 to $8 billion, which will be more than enough to support the total return on CAT stock. AbbVie (ABBV) Source: shutterstock.com/CC7 AbbVie (NYSE:ABBV) is one of the first names to come to mind when you think about high-cash-flow stocks. Even though the company’s free cash flow will be lower with declining revenue from Humira, it’s still expected to remain in the mid to upper $20 billion range between now and 2030. At the moment, ABBV is trading near its 52-week low. It has a forward P/E ratio of just over 12x. Both make a compelling case for bulls, especially when we factor in their yield of 4.27%. AbbVie is a dividend king having increased its dividend for 51 consecutive years. Moving forward, the company is facing massive biosimilar competition for Humira in the United States. Fortunately, the company has created a patent thicket around Humira which will protect the drug for certain indications. Better, the real protection for AbbVie comes from two newer drugs, Rinvoq and Skyrizi which are helping to make up for Humira’s lost revenue. Pfizer (PFE) Source: Freedom365day / Shutterstock.com Pfizer (NYSE:PFE) was one of the best-performing stocks in 2021 and most of 2022. Over the last 18 months, not so much. In fact, in the last year, PFE stock is down 18% and that’s after rallying approximately 6% in the 30 days ending on June 15. However, with a P/E ratio of 7x earnings and a price that’s hovering around its 52-week low, PFE stock appears undervalued. And while analysts are concerned the company’s revenue and earnings will decline in 2023, the company has assured investors sales would not drop off as badly as feared. In addition, the bigger story is the company’s recent bid for Seagen (NASDAQ:SGEN) which will add to Pfizer’s existing pipeline of oncology drugs. The company believes that Seagen will contribute $10 billion in revenue by 2030. That will likely increase the company’s free cash flow which is forecast to be $15 billion in 2030 without the revenue from Seagen factored in. Coca-Cola (KO) Source: AdityaB. Photography/ShutterStock.com Back in the 1980s, consumers chose their side in the “cola wars” between PepsiCo (NASDAQ:PEP) and Coca-Cola (NYSE:KO). Today, the choice between PEP stock and KO stock may not be as polarizing, but it does bring out some distinct differences. While Pepsi is a more diversified company with a growing snack food division, when it comes to free cash flow, Coke is king. In 2022, Coke generated approximately $11 billion in free cash flow. That’s expected to climb to over $17 billion by 2030, a gain of over 54%. To be fair, based strictly on total return, PEP stock has outpaced KO stock over the last five years. But Coca-Cola has always been known for its slow, steady growth. That’s one reason it has the support of Warren Buffett. Another reason is the company’s dividend. The dividend king has increased its dividend for 61 consecutive years and currently has a yield of 3.01%. On the date of publication, Chris Markoch had a long position in AAPL, CVX, and PFE. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment? The $1 Investment You MUST Take Advantage of Right Now The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post Unlock the Potential of These 7 Cash-Flow Machines appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	AAPL Apple $184.92 AVGO Broadcom $868.11 CVX Chevron $157.26 CAT Caterpillar $245.27 ABBV AbbVie $138.64 PFE Pfizer $40.06 KO Coca-Cola $61.67 Apple (AAPL) Source: Vytautas Kielaitis / Shutterstock.com Apple (NASDAQ:AAPL) is up about 43% in 2023. On the date of publication, Chris Markoch had a long position in AAPL, CVX, and PFE. In the simplest terms, companies that generate strong cash flow can pay – and increase – dividends, develop new products and buy back shares among other things.	AAPL Apple $184.92 AVGO Broadcom $868.11 CVX Chevron $157.26 CAT Caterpillar $245.27 ABBV AbbVie $138.64 PFE Pfizer $40.06 KO Coca-Cola $61.67 Apple (AAPL) Source: Vytautas Kielaitis / Shutterstock.com Apple (NASDAQ:AAPL) is up about 43% in 2023. On the date of publication, Chris Markoch had a long position in AAPL, CVX, and PFE. In the simplest terms, companies that generate strong cash flow can pay – and increase – dividends, develop new products and buy back shares among other things.	AAPL Apple $184.92 AVGO Broadcom $868.11 CVX Chevron $157.26 CAT Caterpillar $245.27 ABBV AbbVie $138.64 PFE Pfizer $40.06 KO Coca-Cola $61.67 Apple (AAPL) Source: Vytautas Kielaitis / Shutterstock.com Apple (NASDAQ:AAPL) is up about 43% in 2023. On the date of publication, Chris Markoch had a long position in AAPL, CVX, and PFE. InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are several reasons to seek out high-cash-flow stocks.	AAPL Apple $184.92 AVGO Broadcom $868.11 CVX Chevron $157.26 CAT Caterpillar $245.27 ABBV AbbVie $138.64 PFE Pfizer $40.06 KO Coca-Cola $61.67 Apple (AAPL) Source: Vytautas Kielaitis / Shutterstock.com Apple (NASDAQ:AAPL) is up about 43% in 2023. On the date of publication, Chris Markoch had a long position in AAPL, CVX, and PFE. InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are several reasons to seek out high-cash-flow stocks.
15286.0	2023-06-18 00:00:00 UTC	Will Apple Be a $4 Trillion Dollar Stock by 2024?	AAPL	https://www.nasdaq.com/articles/will-apple-be-a-%244-trillion-dollar-stock-by-2024	nan	nan	Apple (NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. It also became the first to cross the $2 trillion mark in August 2020, and the first to reach the $3 trillion milestone in January 2022. Apple's market cap is still hovering near the $3 trillion mark as of this writing, but could it maintain its biennial tradition and hit a $4 trillion market cap by 2024? Let's review its past growth, projected growth rates, and valuations to decide. Image source: Apple. How did Apple become a $3 trillion company? Between fiscal 2017 and fiscal 2022 (which ended last September), Apple's annual revenue rose at a compound annual growth rate (CAGR) of 11.5%. Meanwhile, its split-adjusted earnings per share (EPS) grew at an even higher CAGR of 21.6%. In other words, Apple's annual EPS nearly tripled from fiscal 2017 to fiscal 2022 -- so it makes sense that its stock price nearly quadrupled over the past five years. However, Apple's valuations have also risen at a faster rate than its actual profits. On the last day of fiscal 2017, Apple's stock traded at $154.12 ($38.53 on a split-adjusted basis), which was only 13 times the diluted EPS of $11.91 it would generate in fiscal 2018. Today, Apple trades at 28 times forward earnings. Apple's path from $1 trillion to $3 trillion was paved by both its own EPS growth and its rising valuations. Its earnings growth was driven by its robust sales of iPhones (which still account for over half its revenue), iPads, Macs, and the expansion of its services segment with more subscription-based services. Its valuations rose as more investors turned to Apple as a safe-haven bet while the pandemic, the Russo-Ukrainian war, inflation, and rising interest rates rattled the broader markets. Apple's EPS also usually grows at a faster clip than its net income because it buys back billions of dollars in shares every year. It repurchased 19% of its shares over the past five years, as well as a whopping 38% of its shares over the past decade. How could Apple become a $4 trillion company? For Apple to reach a $4 trillion market cap by the end of 2024, its stock would need to rise nearly 40% over the next 18 months. That could be quite difficult, for two simple reasons. First, analysts expect Apple's EPS to dip 2% in fiscal 2023, rise 9% in fiscal 2024, and grow 10% to $7.17 per share in fiscal 2025. Assuming Apple still trades at 28 times forward earnings by the beginning of fiscal 2025, its stock would only be trading 9% higher at about $200 -- which would give it a market cap of just under $3.2 trillion. Second, Apple's valuations are historically high -- so we could see its forward multiple drop back to 20 during a market downturn. If that happens, Apple's stock could decline to the mid-$140s, and its market cap would shrink to about $2.2 trillion. Pay attention to the wild cards Based on analysts' estimates, which we should take with a grain of salt, it seems unlikely that Apple will reach a $4 trillion valuation by the end of 2024. However, those forecasts don't account for all the wild cards that Apple can still play. Apple's upcoming rollout of the Vision Pro headset in early 2024 will mark its first major hardware launch since its introduction of the Apple Watch in 2015. Its high price tag of $3,500 might limit its initial appeal, but a stronger-than-expected launch could drive analysts to boost their revenue and earnings estimates. Apple also ended its latest quarter with 975 million paid subscriptions across all of its services, which represented 18% growth from a year ago. That massive audience gives it plenty of room to launch new apps and services. Lastly, Apple is still sitting on $166 billion in cash and marketable securities. It could deploy a lot of that cash on fresh investments and acquisitions (perhaps on media companies for its services ecosystem or some chipmakers for its first-party chips). Look beyond Apple's market cap I believe Apple will eventually be worth $4 trillion one day, but I don't expect it to reach that milestone by the end of 2024. Instead, investors should simply recall that Apple generates stable growth, commands fierce customer loyalty, locks in its customers with sticky services, and rewards its patient investors with buybacks and dividends. All of those strengths make Apple a great long-term investment -- regardless of how much the entire company is actually worth. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Leo Sun has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. Its valuations rose as more investors turned to Apple as a safe-haven bet while the pandemic, the Russo-Ukrainian war, inflation, and rising interest rates rattled the broader markets. Pay attention to the wild cards Based on analysts' estimates, which we should take with a grain of salt, it seems unlikely that Apple will reach a $4 trillion valuation by the end of 2024.	Apple (NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. Between fiscal 2017 and fiscal 2022 (which ended last September), Apple's annual revenue rose at a compound annual growth rate (CAGR) of 11.5%. First, analysts expect Apple's EPS to dip 2% in fiscal 2023, rise 9% in fiscal 2024, and grow 10% to $7.17 per share in fiscal 2025.	Apple (NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. Apple's market cap is still hovering near the $3 trillion mark as of this writing, but could it maintain its biennial tradition and hit a $4 trillion market cap by 2024? Assuming Apple still trades at 28 times forward earnings by the beginning of fiscal 2025, its stock would only be trading 9% higher at about $200 -- which would give it a market cap of just under $3.2 trillion.	Apple (NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. Assuming Apple still trades at 28 times forward earnings by the beginning of fiscal 2025, its stock would only be trading 9% higher at about $200 -- which would give it a market cap of just under $3.2 trillion. Pay attention to the wild cards Based on analysts' estimates, which we should take with a grain of salt, it seems unlikely that Apple will reach a $4 trillion valuation by the end of 2024.
15287.0	2023-06-18 00:00:00 UTC	Want to Get Richer? 5 Top Stocks to Buy Now and Hold Forever	AAPL	https://www.nasdaq.com/articles/want-to-get-richer-5-top-stocks-to-buy-now-and-hold-forever-0	nan	nan	Technology can be a challenging industry to invest in over the long term because of the constant innovation that threatens market leaders. However, it's not impossible. I've searched far and wide to identify a basket of dominant tech leaders that are best at what they do and aren't likely to give way to competition anytime soon. The companies below are primarily established at this point but still offer potentially solid investment returns over the coming decades due to tailwinds still in their early stages. If you're willing to let elite industry leaders do the heavy lifting in your portfolio, consider looking into these five technology stocks. 1. Nvidia Artificial intelligence (AI) stocks are all the rage today, and none have gotten more recognition than Nvidia (NASDAQ: NVDA). The semiconductor company built a business on gaming graphics processing units (GPUs) but has taken market share across industries that require dedicated GPUs for high-performance computing needs. That includes AI applications, where analysts estimate Nvidia commands an 80% to 95% market share. NVDA Revenue (TTM) data by YCharts. That's an ample opportunity, considering the global AI industry could be worth trillions over time. While the stock has run a staggering 195% since January, it still trades at a forward price-to-earnings ratio of 55, on par with last summer, despite a much better earnings growth outlook moving forward. Investors holding for years, not months, should see the company grow into its valuation and beyond over the next decade. 2. Apple Everyone knows consumer electronics giant Apple (NASDAQ: AAPL) for its iPhone, but the recent unveiling of its Vision Pro put the company on this list. The augmented/virtual reality headset means a brand-new product category for the company, which has traditionally scaled many products (iPhone, Apple Watch, AirPods) to become multibillion-dollar businesses. AAPL Revenue (TTM) data by YCharts. But for now, the iPhone still dominates Apple's business. The company generates nearly $100 billion in annual free cash flow, which Apple can use on dividends and share repurchases. The iPhone has replaced countless daily tools and devices, and people spend hours on their phones daily. Until that changes, investors can buy Apple and sleep well at night. 3. Tesla Electric vehicle (EV) company Tesla (NASDAQ: TSLA) has turned the automotive industry on its head, pioneering EVs and establishing electric technology as the future of transportation. Despite Tesla growing to nearly $800 billion in value, the company's story is far from finished. EVs still represent a low-single-digit percentage of the world's active vehicles. Even if competition dilutes Tesla's market share over the years, the pie is still poised to multiply in size, which should give Tesla a green field of growth moving forward. TSLA Revenue (TTM) data by YCharts. This goes beyond Tesla's current products like the Model 3 and Model Y. Tesla has several short-term products such as the Cybertruck, Tesla Semi, and autonomous driving ramping up, as well as a long-term pipeline with new technologies like AI and Tesla Bot. With so many irons in the fire, just a few successes can take Tesla and its shareholders' portfolios to new heights. 4. Taiwan Semiconductor If semiconductor chips are the building blocks of technology, Taiwan Semiconductor (NYSE: TSM) is the pick-and-shovel investment for the technology sector. The company is the world's leading semiconductor manufacturer, responsible for building chips for many of the world's biggest semiconductor names, including Nvidia. Taiwan Semiconductor builds nearly 60% of the world's semiconductor chip supply! TSM Revenue (TTM) data by YCharts. With such massive manufacturing capacity, the company can build chips better and for less money than most of its competitors. Plus, the world's appetite for semiconductors should only grow over the next decade and beyond. The global semiconductor market is worth approximately $600 billion. It could grow beyond $1 trillion by the decade's end, which could spell years of growth ahead for the world's leading chipmaker. 5. Broadcom Connectivity in personal devices, data centers, and industry has grown tremendously over the past decade, which has propelled Broadcom's (NASDAQ: AVGO) business to new heights. The semiconductor and enterprise software company specializes in networking, connected devices, and just about anything that sends or receives data. That could continue as autonomous vehicles, 5G, and the Internet of Things potentially bring new market opportunities over the coming years. AVGO Revenue (TTM) data by YCharts Additionally, Broadcom is investing aggressively in building an enterprise software business to diversify away from relying on its chip businesses. The company has a pending $61 billion acquisition of cloud services company VMware, which will expand its existing suite of enterprise software products. Broadcom's products are on the right side of a long-term trend of securely moving information worldwide, so the future looks bright for the stock too. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Nvidia wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Nvidia, Taiwan Semiconductor Manufacturing, and Tesla. The Motley Fool recommends Broadcom and VMware. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple Everyone knows consumer electronics giant Apple (NASDAQ: AAPL) for its iPhone, but the recent unveiling of its Vision Pro put the company on this list. AAPL Revenue (TTM) data by YCharts. Technology can be a challenging industry to invest in over the long term because of the constant innovation that threatens market leaders.	Apple Everyone knows consumer electronics giant Apple (NASDAQ: AAPL) for its iPhone, but the recent unveiling of its Vision Pro put the company on this list. AAPL Revenue (TTM) data by YCharts. Tesla Electric vehicle (EV) company Tesla (NASDAQ: TSLA) has turned the automotive industry on its head, pioneering EVs and establishing electric technology as the future of transportation.	Apple Everyone knows consumer electronics giant Apple (NASDAQ: AAPL) for its iPhone, but the recent unveiling of its Vision Pro put the company on this list. AAPL Revenue (TTM) data by YCharts. This goes beyond Tesla's current products like the Model 3 and Model Y. Tesla has several short-term products such as the Cybertruck, Tesla Semi, and autonomous driving ramping up, as well as a long-term pipeline with new technologies like AI and Tesla Bot.	Apple Everyone knows consumer electronics giant Apple (NASDAQ: AAPL) for its iPhone, but the recent unveiling of its Vision Pro put the company on this list. AAPL Revenue (TTM) data by YCharts. Despite Tesla growing to nearly $800 billion in value, the company's story is far from finished.
15288.0	2023-06-18 00:00:00 UTC	Is Apple's Headset Enough to Save the Metaverse?	AAPL	https://www.nasdaq.com/articles/is-apples-headset-enough-to-save-the-metaverse	nan	nan	Apple's (NASDAQ: AAPL) highly anticipated headset is finally here. The tech giant unveiled the Vision Pro at its World Wide Developers Conference earlier this month. It was the company's first major product release since it launched the Apple Watch in 2015, and may be its most ambitious product since the iPhone. The mixed-reality headset allows users to either be immersed in virtual reality (VR) or to engage in augmented reality (AR), meaning they can see the real world around them, but annotated with digital features. But priced at $3,500, it certainly isn't cheap. Apple has chosen to tackle this new market using a strategy known in the business world as skimming -- putting a high initial price on a product and attempting to sell it first to early adopters who are willing to pay up for the new technology, then gradually lowering the price to attract additional slices of the market as the technology evolves and the company introduces new models. That's a notable distinction from how Meta Platforms (NASDAQ: META) is approaching the market. Its upcoming Quest 3 VR headset will cost just $499, making it more of a mass-market device rather than a premium headset. At first glance, the most noticeable innovation of the Vision Pro is that the goggles have a mode that feels transparent, allowing the wearer to make eye contact with other people, a distinct advantage over the Meta Quest. Image source: Getty Images. What does it mean for the metaverse? Apple's presentation didn't come with a splashy vision for the metaverse such as Meta CEO Mark Zuckerberg has tried to present. Apple also avoided using the terms AR and VR in its presentation, though the Vision Pro offers both of those experiences. Instead, CEO Tim Cook characterized the device as a spatial computer. While Meta has tried to sell its vision of the metaverse based on its Horizon Worlds software and cartoonish avatars, Apple presented more ordinary use cases for the Vision Pro, seemingly content to let developers do the work of building out the software side. It appears the device will more likely be used for practical applications such as entertainment and productivity, at least initially. Gaming may be the most obvious application for the mixed reality device. Video entertainment is also likely to be engaging viewed on a headset like the Vision Pro. However, productivity might be the greater use case here, and that could also better drive sales of the expensive device. For instance, taking a Zoom call on a Vision Pro could prove a better experience than doing it on your computer, especially with the added features it enables. Better yet, the Vision Pro could be especially useful for professional tasks that require looking at 3D images, such as architectural models or human bodies undergoing surgery. Apple didn't offer a full-throated vision for these use cases, however. It's leaving the next steps to the developers who will create apps for the Vision Pro. An alternative to the metaverse Meta CEO Mark Zuckerberg has been direct with investors about his vision for the metaverse and his belief that an "embodied internet" will become the next major computing platform. Apple, on the other hand, has been keeping its plans close to the vest. Though rumors had swirled about the headset, the company didn't reveal its plans until the WWDC conference this month. Based on what was said at the device's launch, it seems that Apple doesn't necessarily see the headset as primarily being a portal to any version of the metaverse. Rather, it sees it as a device that enables a new form of computing that people can use in whatever way they wish. Compared to Meta, Apple's entry into the headset market feels like the winner here. While the price difference means the two products aren't necessarily direct competitors, the lackluster results so far from Meta's efforts to build a metaverse (and create a market for its Quest devices) have already disappointed investors. Apple, on the other hand, has a pedigree in tech hardware, and is not pushing a vision for a digital world that most people don't seem to want. It's unclear if Vision Pro will be a success, but at this price, it doesn't have to be a huge seller. It just has to create buzz and build interest for future, more mass-market headsets, and Apple has a long track record of doing just that. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jeremy Bowman has positions in Meta Platforms and Zoom Video Communications. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Zoom Video Communications. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple's (NASDAQ: AAPL) highly anticipated headset is finally here. At first glance, the most noticeable innovation of the Vision Pro is that the goggles have a mode that feels transparent, allowing the wearer to make eye contact with other people, a distinct advantage over the Meta Quest. Based on what was said at the device's launch, it seems that Apple doesn't necessarily see the headset as primarily being a portal to any version of the metaverse.	Apple's (NASDAQ: AAPL) highly anticipated headset is finally here. An alternative to the metaverse Meta CEO Mark Zuckerberg has been direct with investors about his vision for the metaverse and his belief that an "embodied internet" will become the next major computing platform. See the 10 stocks *Stock Advisor returns as of June 12, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.	Apple's (NASDAQ: AAPL) highly anticipated headset is finally here. Apple's presentation didn't come with a splashy vision for the metaverse such as Meta CEO Mark Zuckerberg has tried to present. While Meta has tried to sell its vision of the metaverse based on its Horizon Worlds software and cartoonish avatars, Apple presented more ordinary use cases for the Vision Pro, seemingly content to let developers do the work of building out the software side.	Apple's (NASDAQ: AAPL) highly anticipated headset is finally here. That's a notable distinction from how Meta Platforms (NASDAQ: META) is approaching the market. Video entertainment is also likely to be engaging viewed on a headset like the Vision Pro.
15289.0	2023-06-17 00:00:00 UTC	Tech Investors: Pay Attention to Hype Cycles and Adoption Life Cycles	AAPL	https://www.nasdaq.com/articles/tech-investors%3A-pay-attention-to-hype-cycles-and-adoption-life-cycles	nan	nan	In this podcast, Motley Fool Live's This Week in Tech co-hosts, Tim Beyers and Tim White, discuss: How investors can think about adoption life cycles and tech investments. Where generative AI lands on the hype cycle. One key sign that a new product has "crossed the chasm" for widespread adoption. ChatGPT's "nice to haves." To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 This video was recorded on June 10, 2023. Tim White: If you think about the Apple I, maybe that's where the innovators were, people who were willing to take a risk on it at the time, an inflation-adjusted $5,000 or $6,000 on a computer that basically did nothing. You had to make it do anything you wanted to make it do. It really led to a lot of people at the time in that trough of disillusionment that happened with personal computers of like, no one will ever need a PC in their homes, right? Tim Beyers: [laughs] Right. Tim White: Big statements from big, fancy people. Mary Long: I'm Mary Long, and that's Tim White, who co-hosts This Week in Tech on Motley Fool Live alongside Tim Beyers. Tim and Tim caught up on Motley Fool Money to discuss hype cycles, adoption curves, and why investors should pay attention to their key differences. Tim Beyers: Let's talk about promising technologies. And you've seen a boatload of them -- so have I -- over the course of years. What do you think when we think about how long it takes genuinely like a really promising technology -- AI is in the news now, right? A genuinely promising technology, something like an artificial intelligence toolkit or artificial intelligence generally, generative AI like ChatGPT. How long do you really think that takes to become part of our daily lives? We're hearing about it constantly, but it's not really part of our daily lives yet. Tim White: Again, we're talking about two different cycles. The hype cycle, which is people getting excited about things and the beginning of technology. Then that adoption cycle, where you have early innovators getting on board with things and then eventually adopting things in the general-public way at the end of that cycle. All of the stuff we've seen from AI has been around for a long time. What made it cross the chasm to more people knowing about it and more people using it in their daily lives was making a chatbot free. And I think the free part is so important there, right? Tim Beyers: Absolutely. We should talk about the difference between what we call the hype cycle or, more specifically, what Gartner -- which is a research firm which you may or may not have heard about, they're a public company, ticker symbol IT -- Gartner defines something called the hype cycle. Then there is the more commonly referred-to technology-adoption life cycle. Each of them are bell curve. The hype cycle is really compressed bell curve, and the technology-adoption cycle is a bit more like a regular bell curve with a pretty big gap in it. That gap was defined in 1993. I hope I have this year right, Tim, but this is, if I have my history right, in 1993, Geoffrey Moore, who's a consultant and still to this day operates The Chasm Group. The consultant who wrote a book called Crossing the Chasm. And in Crossing the Chasm, Moore defined what a technology-adoption life cycle looks like. He said, there comes a point when those and all the enthusiasm, all this stuff in the hype cycle has to go across this big chasm where the people who are really excited convince the rest of us to say like, OK, this is real. We'll actually spend some money on this. When we talk about these two different cycles, the differentiator, I think we both have identified, and we've talked about this so many times, is if you're talking about tech adoption, you're talking about solving what you and I have called a migraine-level problem. If you're talking about hype, what you're really talking about is some spending around excitement. Boy, this thing is neato, and I want to do some things with it. This is why I'm going to come back to what you just said about free. Free is so important in the hype cycle part of the phase. Tim White: If we think about hype is the idea that, wow, this technology could change everything. We'll never have to drive cars again. We'll never have to think for ourselves again. We'll never have to listen to the radio again because we can watch television. All these, like, it'll change everything. That's what the hype cycle is, and it ramps up to the peak of inflated expectations, as Gartner calls it, where everyone's like, this is going to do everything. Then there's a crest at which suddenly, it doesn't deliver, and things start to fall apart, and actually turning that "this will change everything" just falls apart, and the technology is cool. But it doesn't solve anybody's particular migraine-level problem. That's where I think you really transition over to adoption, where there's a particular problem that some piece of technology solves, and that's when it starts to become more mainstream. Tim Beyers: I'm going to guess here, but if you had to say where generative AI is in the hype cycle, is it at the peak of inflated expectations where now the hallucinations, so I go, wait a minute, maybe this thing doesn't give us exactly what we thought it was going to give us? Tim White: Yeah. I think it's somewhere along the top there. I think it's funny that in 2021, Gartner listed chatbots and the trough of disillusionment [laughs] I think the worst case, where everyone's like, oh chatbots. They were going to save everything. They were going to let us fire all of our customer service agents. Now they're terrible, and no one wants to use them anymore. They were in the trough of disillusionment in 2021, and then they magically vanished from the hype cycle for AI in 2022. Tim Beyers: Right. Tim White: [inaudible]. Tim Beyers: It's a Jedi mind trick. This is not the technology you're looking for. Tim White: Right. I think we're absolutely at the peak of inflated expectations around generative AI right now. But I think we're starting to slide down the backside and toward that trough of disillusionment, where people are wondering. This is cool, but there's so many little gotchas. Will we actually be able to make this a real part of our business? Tim Beyers: For sure. Let's talk a little bit about that switchover when the hype moves into the adoption and what Moore defined as the chasm here. We said that successful products always solve a migraine-level problem. There's always something. If we can look back through history, and when we talk about the chasm, the chasm is defined by the types of customers that are using a product. On the left side, so you think of a bell curve on the left side. The real enthusiasts are the innovators and the early adopters. Then you jump the chasm to what's called the early majority, then the late majority, then the conservatives, then the skeptics. In other words, that group on the right side of the chasm has to have a reason, like a real business case, in order to spend money, Tim. I'm wondering if we think about this, there are different types of technologies that we've seen cross the chasm. Yesterday, when we were prepping for this, we talked a little bit about home computers, which really were, I mean, I know we've been at this for 30 years. When we were kids, home computers were, I mean, boy, it was a privilege to have one. I think you said, I felt the same way. We got our Apple IIe from my uncle, who was a very early adopter of computing, and I mean, it was unusual in the early 1980s. Tim White: Yeah. I think if you think about the Apple I, maybe that's where the innovators were, people who were willing to take a risk on it at the time, an inflation-adjusted $5,000 or $6,000 on a computer that basically did nothing. [laughs] You have to make it do anything you wanted to make it do. It really led to a lot of people at the time in that trough of disillusionment that happened with personal computers of like, no one will ever need a PC in their homes. Tim Beyers: Right. Tim White: That was a big statements from big, fancy people. But the early adopters, people like your uncle, my father, who bought an Apple II plus, were like, we need to have our children have a chance to use this because these computers will be the future. That was a huge privilege to be able to have a computer like that in my home. Of course, I immediately grabbed onto it and then really never let go. But those early adopters are what give companies enough money and enough feedback. This is the beautiful thing about a first-version product is you get feedback from your customers, and then you can make your product better and better. That's where the Apple IIe, like you talked about, suddenly hit the education market and really exploded and took off and really made Apple up until the Macintosh came out. Tim Beyers: Apple, in some ways, found its way at least into the chasm and started bridging across through things that made that computer or the computers that Apple was making a lot more useful for solving a business problem. I'll use the example of one of the great early apps that made Apple's machines incredibly useful for the business community. I mean, I know you know this one, but there's a lot of people who've probably have never heard of VisiCalc. Tim White: Yeah. Dan Bricklin created VisiCalc while he was watching a presentation at Harvard Business School. He was watching this presentation and realized that the financial model that was drawn on a blackboard is something that he could create on his computer and started working on it on the side. It really became the first spreadsheet as we know it. Of course, led to Lotus 123 and Excel and all the things that we use today. But VisiCalc really gave people a true reason. Solved a migraine-level problem of people needing to keep track of budgets and other kinds of things that we now use spreadsheets for. People suddenly said, "I do need to have a computer because I can use VisiCalc." Tim Beyers: This is probably, I would say, the very beginning of some businesses deciding as things were crossing the chasm here. I can use a computer to manage my business. I actually don't need to use a paper ledger anymore. I can automate some of this. We've never gone back from that. You end up with these little use cases that end up being worth spending quite a lot of money on. Let's talk about the through line here, because there's enthusiasm and then there's practical desire to spend. You just pointed this out, that you need the enthusiasm, you need the cheerleading to get people thinking about the practical. But when do you think that flips? I'm going to bring up another one that we talked about yesterday. There are moments where a technology has all sorts of promise, and you do have a lot of cheerleaders, and it ends up going all wrong. I think you know where I'm going with this one because it's on our list. There's the CASE tools, which I know we've talked about before. Tim White: Yeah. In the '90s, there was this huge rush toward computer-aided software engineering. Tim Beyers: Yes. Tim White: Something about CAD. You may have heard CAD as computer-aided design. CASE was computer-aided software engineering. It was this idea that you can take a piece of software and make a drawing, like a diagram of what you want your software to look like. Press a button, and it will generate all the code for you to do that. Of course, that never really turned out to be true. In the same way that the current generation of generative AI can't really write all of your code for you. It certainly can help, just like the CASE tools could help. But in the end, I think a lot of people realized that the CASE tools were really just adding time and not actually eliminating work. Tim Beyers: I'm going to come back to the free tools in a minute here, because some of the economics of what's changed is making the technology-adoption life cycle arguably a little more compressed. But at that time, the cheerleaders were so vocal about this that there was a lot of investment in things like Unified Modeling and tools like Rational Rose. We think, this is going to change everything. We're going to have businesspeople, marketers, and salespeople are going to be able to define what business process they need. They're going to learn Unified Modeling Language, and they're going to draw the workflow that they need. Then the code is just going to magically pop out. And it just became an exercise in disappointment here. Coming back to free, which is where we are now. A lot of tools, due to a whole confluence of things, your open-source movement and so forth, we can try a lot of things for free right now. Generative AI, ChatGPT, we're trying AI for free, and we're just getting enthralled with it. Do you think because of this prevalence of free tiers, that what used to cost us something, like it cost you something to be a cheerleader in the 1970s, 1980s, and now it doesn't cost you anything anymore. Does that dramatically alter the economics of the technology-adoption life cycle? Tim White: I think it does because either expectations can be very low. If you're spending $3,000 on something unless you're a super early adopter. I'm looking at Apple Vision Pro. [laughs] Unless you're a super-early adopter, spending that kind of money, you have very high expectations that this is going to be a product that's going to solve some problems for you. Whether that problem be boredom, [laughs] entertainment, whatever. But if you get it for free, your expectations are at literally the bottom. It really helps to get innovators in the door. If they can get people to use things for free, give them feedback, get increasingly better and better products out the door to the point where eventually, they can charge for things because they actually have a product that does meet expectations. I think Linux is another great example of a tool that was initially free, and it was a very limited operating system when it first came out. But because of a lot of work that happened in the '70s and '80s, creating free software for Unix operating systems, it immediately had a bunch of tools that solved people's problems. And it was the peak of the time when Linux came out, when companies like Sony and HP were charging really large amounts of money for licenses for Unix. Tim Beyers: You don't have to be that kind. You could say obscene. Tim White: [laughs] Tim Beyers: Right. Tim White: I just remember like AT&T Unix was costing upwards of $1,000 per machine that you installed it on at the time. It was just crazy, because people would have racks and racks of these machines that they would all have to have licenses for. Linux absolutely changed the game by saying no, you can literally spin up a computer with an operating system on it, put it on the Internet for no money. Tim Beyers: But what's interesting about this, Tim, is if the cost is eliminated up front, the worry I have is that you'll see more bad products because there really is no gating factor. Cost is not a gating factor anymore. You just release it out into the wild, and it can be a terrible product. Tim White: Sure. I do think that there's some fear of flooding the market, and I think we're certainly seeing that with AI tools now. Just like a couple of years ago, we saw that with cryptocurrencies, like there's a different currency every week, and that's because the cost of entering the market was zero, right? It cost you nothing to make a new one, and so everyone made one. I think that's still going to be true, but the good news is, as we've often discussed, user experience trumps everything. If you've got a really easy-to-use tool that's very simple and very reliable, that will win over a tool that is otherwise similarly priced, e.g., free. I think you end up competing a lot on user experience. Tim Beyers: Let's talk about when do we know, like as investors... A lot of bad products can come to market quickly because the cost to introduce products now has gone way, way down. Free is the new model here. How do we know when a product or a company has found its way across the chasm? There's a couple of indicators I think we can talk about here. I'll kick it to you first and tee you up with this one. I think when you have seen, either in a vertical industry or a set of customers, something you can define, you could point and say, those people have made it very clear that they need this product. In the case of like the original Mac, the desktop publishing as a practice and the graphic design community said, "You can have this computer if you take it from my cold, dead hands." Tim White: I think what you just said is the classic business version of crossing the chasm, which is as soon as your salespeople start telling the IT department to shove it when the IT department says no, you can't have that, [laughs] that's when you've crossed the chasm. And a great example, of course, is when the iPhone came out. Suddenly, every sales exec had one of those. Everybody had to have one, and they really wanted to use them for everything, for mail and for all this stuff. And of course, the IT department freaked out and said they're not secure, you can't use that, you can have it. And of course, President Obama notoriously wouldn't give up his BlackBerry. Those are the things that you know you've crossed the chasm, when people are demanding that they use them in their business environment, even if there's strong resistance. Tim Beyers: Yeah, so there is, the loyalty indicates to you that look, this solves my problem. What we said before, this is a migraine-level problem for me, and there's absolutely no way you're taking this away from me. Some sign that a group has said, absolutely, there's no way you're taking this away from me. That's the evidence of a migraine-level problem being solved. When we think about this, I'll take an example of a company that I think has crossed the chasm. Not recently -- it's been a while -- but I do think there's ample evidence to say, just using a software product, I think MongoDB crossed the chasm a really long time ago. Because there is a number of instances where it's so easy to develop a piece of software and attach that database to it that developers are never letting that go. Tim White: Yeah, I think that's true. And of course, any of the cloud hosting companies are in that place where people want to host on [Alphabet's] Google Cloud, want to host on [Microsoft's] Azure, want to host on [Amazon's] AWS, and there's a lot of people just assuming that that's going to happen now. I think when you assume that's going to happen, that's a big difference from like I interviewed the CTO of a company called TEU years ago, and he said, "When I first said we're not having any servers around, we're doing everything on AWS, everyone thought I was crazy and now they're like, wow. Yeah, that's how you do things now." Tim Beyers: Yes. When you reach that "of course that's what you're doing" moment, I think that's evidence that you have crossed the chasm. As investors, if we're wrapping this up a little bit here, I think what we've said as we were talking about this, it's probably better as a public-market investor, to be on the other side of the chasm. In fact, I would say it is universally better to be on the other side of the chasm. The left side of the chasm where you're still working with cheerleaders, that's a good place for venture capitalists. Tim White: I mean, the true huge money gets made from there, but the true huge money also gets lost from there. They're making a lot of very expensive bets on that before-adoption side of the chasm, and most of them don't pan out. Tim Beyers: There's a common term that gets bandied about a lot, particularly among executives who specialize in things like product-led growth. Venture capitalists use this too. They call it a tipping point, and the phrasing you'll hear sometimes is called product-market fit. Product-market fit. And product-market fit means just really dumbing it down. Tim, this is the way I think about it. It's we've got a product and we found a migraine-level problem, and those two have met, and now there's an explosion of demand. Tim White: We actually have a product that people want to buy eventually, and all we need to do is figure out how to get more people to buy it, not to get anyone to buy it. [laughs] Tim Beyers: We need to be able to satisfy demand at scale, get those people satisfied, grow the pool of those people, and then get other people around them talking about it. Tim White: I think in terms of investing, one of the main takeaways that I am always suggesting to people is to look for things that are right after that adoption has really hit and companies that are really ready to really hit really hard on some big question. One that hit that way for me personally in my investment career was HubSpot. That was a product that has a lot of different features now, but at the time, it was mostly a CRM, so customer relationship management, and email marketing platform. At the time, Salesforce was dominating that industry, and no one thought that another product could really crack into the market. But HubSpot found the product-market fit of small businesses, very small businesses, solopreneurs, designers, folks like that who just need something more than a spreadsheet and a simple WordPress website, but they're not wanting to pay the premium to use Salesforce. And they have utterly dominated that market in the last few years. Tim Beyers: Yeah, and they show no signs of slowing down, and they've been able to... Where these companies get really interesting and ones you want to hold for a long time, and HubSpot is this company. Once you solve one migraine-level problem for a particular type of audience, that same audience gives you permission to solve another migraine-level problem for them. And HubSpot, boy, did they lean into that like very few other companies I've ever seen. It was inbound marketing. And then you had those customers saying, hey, could maybe you help with my sales pipeline? Yes, we can. They built a hub around that. And then they built a hub around web design, and they built a hub around support. So customers, where this ends up again drawing the through line between hype and when you actually get adoption when you're at the hype stage and you've found cheerleaders, they are very excited about what your potential is. When you're on the other side of the chasm, you are now pain relief for a well-defined customer base, and that customer will come back to you and say, what else can you do? Tim White: As long as you can continue to deliver on that -- which not every company can, including Salesforce; they have done it for a long time, and now maybe they're perhaps struggling a bit. If you can continue to deliver on that, then you can continue to increase your revenue per customer and solve customer pain, and they will stick with you for a long time. Tim Beyers: Let's end this by making -- because we always like to make reckless predictions here. This one's a bonus. We didn't talk about this up front here. I think we both agree that generative AI is still stuck in the hype cycle. It's still on the hype side of the equation that we haven't yet seen a general product-market fit for generative AI yet. Tim, if I had to give you a time frame, how long do you think it takes generative AI to get genuine product-market fit where it is solving a migraine-level problem? Tim White: I think it's already solving some problems for some people today. There are people who get benefit from using ChatGPT as is right now. But for free, right? Tim Beyers: Yes. Tim White: That's the thing. Where I think we really want to think about is when is the product worth enough money to someone that if it went away, the David Gardner snap test, if this goes away, will I be like, well, it went away for free, [but] I'm willing to pony up $5 a month, $20 a month, $50 a month to keep using it. That's where I think the real heart of your question lies. I think that could happen in less than a year if the people who make these tools continue to push. And there is definitely an arms race between tools now, which definitely leads to accelerated tech excitement. Let me try this again. There's a lot of people competing on this right now, which definitely leads to tech going very fast in terms of how well it gets better, but will that be really useful to a lot of people in their daily life soon? I don't know. Apple was very careful not to say "AI" in their big announcements, and I think that's telling that they don't think it's there yet. Tim Beyers: I'm going to take that side of the prediction equation here and play, as I sometimes do, play get-off-my-lawn guy here for a second and say, I think it's at least three years. And the reason I say that is because I think you need to identify what kind of data and what kind of data problems are so specific and so hairy that they need AI to solve them. I don't think we've defined that yet. To your point, I think ChatGPT has found a whole bunch of nice-to-haves, and that's interesting, and that's where the cheerleaders live. But I think the need-to-have, must-pay-for, don't-do-this-and-we-feel-severe-pain. Those data problems, I don't think they've been well defined yet, Tim, and so I'm giving it three years. But then again, I get curmudgeonly at this stuff. Mary Long: As always, people on the program may have interest in the stocks they talk about, and the Motley Fool may have formal recommendations for or against, so don't buy stocks based solely on what you hear. I'm Mary Long. Thanks for listening. We'll see you tomorrow. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Mary Long has no position in any of the stocks mentioned. Tim Beyers has positions in AT&T, Alphabet, Amazon.com, Apple, HubSpot, MongoDB, and Salesforce. Tim White has positions in AT&T, Alphabet, Amazon.com, Apple, HubSpot, Microsoft, and MongoDB. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, HP, HubSpot, Microsoft, MongoDB, and Salesforce. The Motley Fool recommends BlackBerry and Gartner. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Tim Beyers: I'm going to come back to the free tools in a minute here, because some of the economics of what's changed is making the technology-adoption life cycle arguably a little more compressed. In the case of like the original Mac, the desktop publishing as a practice and the graphic design community said, "You can have this computer if you take it from my cold, dead hands." I think when you assume that's going to happen, that's a big difference from like I interviewed the CTO of a company called TEU years ago, and he said, "When I first said we're not having any servers around, we're doing everything on AWS, everyone thought I was crazy and now they're like, wow.	In this podcast, Motley Fool Live's This Week in Tech co-hosts, Tim Beyers and Tim White, discuss: How investors can think about adoption life cycles and tech investments. Mary Long: I'm Mary Long, and that's Tim White, who co-hosts This Week in Tech on Motley Fool Live alongside Tim Beyers. And of course, any of the cloud hosting companies are in that place where people want to host on [Alphabet's] Google Cloud, want to host on [Microsoft's] Azure, want to host on [Amazon's] AWS, and there's a lot of people just assuming that that's going to happen now.	In this podcast, Motley Fool Live's This Week in Tech co-hosts, Tim Beyers and Tim White, discuss: How investors can think about adoption life cycles and tech investments. Mary Long: I'm Mary Long, and that's Tim White, who co-hosts This Week in Tech on Motley Fool Live alongside Tim Beyers. Tim Beyers: Apple, in some ways, found its way at least into the chasm and started bridging across through things that made that computer or the computers that Apple was making a lot more useful for solving a business problem.	Tim White: Again, we're talking about two different cycles. If we can look back through history, and when we talk about the chasm, the chasm is defined by the types of customers that are using a product. Tim Beyers: Apple, in some ways, found its way at least into the chasm and started bridging across through things that made that computer or the computers that Apple was making a lot more useful for solving a business problem.
15290.0	2023-06-17 00:00:00 UTC	Augmented Reality Devices: Apple vs. Meta Platforms	AAPL	https://www.nasdaq.com/articles/augmented-reality-devices%3A-apple-vs.-meta-platforms	nan	nan	In this episode of Motley Fool Money, Motley Fool producer Ricky Mulvey and analyst Nick Sciple discuss: Apple's Vision Pro Product, its biggest product launch in a decade. How Apple's hardware strategy differs from Meta's. The Vision Pro's possibilities and limitations. The SEC's complaint against Coinbase. Plus, Motley Fool host Alison Southwick and personal finance expert Robert Brokamp discuss how to plan for a healthier retirement. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 5, 2023 This video was recorded on June 6, 2023. Ricky Mulvey: The world's most valuable company introduces some very expensive goggles. You're listening to Motley Fool Money. I'm Ricky Mulvey, joining us now is Nick Sciple from the great state of Tennessee. Good to see you as always, Nick. Nick Sciple: Great to be here with you, Ricky. Ricky Mulvey: Yesterday, Apple presented the Vision Pro, an augmented reality headset and its first major new product since 2014. It's going to sell for about $3,500 and is available early next year. Huge products launched yesterday. What was your reaction to the overall presentation and even the price point? Nick Sciple: The product launch, unlike other maybe big Apple reveals previously, was very much telegraphed. You could have opened up any big business publication yesterday and said, "Hey Apple's revealing a new product," which is maybe a little different than some of the reveals in the past. However, you look at the hardware, certainly interesting as Apple always immediately stands out. No hand controllers for this augmented reality device, very different than what you're getting with the Oculus or some others on the market, really have to have some sophisticated 3D sensing technology to be able to make that take place, to be able to see what your hands are doing and all types of lighting from all types of angles and seems they have released with sophisticated technology there. The other thing that stood out to me, it does have a battery pack that attaches via cord, and a lot of people talked about that, looks a little bit awkward, not maybe as sleek as you might expect from an Apple product, but clearly the company focused on the weight of the device. If you think about the Oculus is out there, sometimes the battery gets pretty heavy. All that weight on your head can maybe weigh on some of the extended wear issues. That maybe explains the reasoning behind that. But the presentation, I think overall, was very interesting as well. Unlike the big competitor, Meta, which has changed the company of their name to get behind the metaverse hype. You didn't see Apple mentioned metaverse or AI really a single time. In their presentation, they talked about machine learning, about spatial computing. Really bring to it to the forth a new type of computing that we haven't seen before, focusing on the augmented reality side of things. Things like, we're going to project your eyes onto this device externally so that other folks that are in the room not participating in the experience know what's going on. Definitely a different focus to Apple, more about augmented reality that than some of these other folks. Certainly, the price point stands out. You're looking at a few hundred dollars for the competing Meta device, Apple coming out at $3,500. Very expensive, but I think that reflects some of the hardware under the hood. They've got the M2 chip, which they use in a number of their MacBook devices. This is a computer-quality chip. Along with that their R1 chip that's really going to be doing a lot of the sensing. Really some hefty hardware there, which maybe reflects the price point. Could other competitors replicate this at a similar price point? I don't know, but Apple has certainly delivered a top-of-the-line device, which reflects their brand and where they position themselves. Ricky Mulvey: The trade-offs are absolutely noticeable, and there's a lot of talk about whether or not this is a smart idea for Apple to launch this at this time. My personal feeling is I wouldn't bet on Tim Cook doing something stupid. But the trade-offs are very noticeable. You have the battery pack and the device itself, only lasts for about two hours. But Apple also put a 4K television on something the size of a postage stamp. I would not bet against their engineers to figure this out in the future. Some of the use cases are really interesting to me, Nick, you have watching movies where it's going to basically be able to expand the screen to cinema size, videoconferencing, FaceTime where it's going to scan your face. When your friends and family are communicating with you and seeing a 3D rendering. It doesn't look like you're wearing snowboard goggles. Any of the use cases you want to focus in on? Nick Sciple: Well, I think the one thing that really stood out to me was the, I don't know if it's the home movie experience, so that's the way to describe it, but it's going to feature Apple's first 3D camera, which is going to let you really have a massive experience. You think about, every Sunday I have a FaceTime call with my parents, I have a young child and my parents live a long way away. FaceTime really opens up a new dynamic of interacting with folks. You can tell a story about how this technology with some of these 3D home movie experience is really opening a new dynamic of interaction from long distances away. Whether it's families here in the U.S. that the children have moved away or folks that have moved across the world. I think that'll be an interesting application, and I find that a lot more exciting for your everyday consumer, more so than some of these really niche gaming experiences that you've heard sold with other products. Ricky Mulvey: One question with this is, why do you have to have it? I thought one compelling answer in the presentation was, they showed this father with two daughters capturing memories with the 3D video camera and then this device, it can take you right back to that memory in a life-size and three-dimensional way. I think that's going to be a pretty strong selling points to a lot of parents. For me at least it answers, why do you have to have this in one instance. Whether or not it's replicable by other companies we'll see. But I think that's going to be one of the big questions moving forward is why do you have to have this $3,000 device or one that's a little bit cheaper when they unleash the non-Pro versions. Nick Sciple: If you think about when the iPhone launched really opened a whole new medium of communication, the whole selfie video, YouTube, a lot of those things, has really been opened up by what the iPhone allowed. You could tell a story about where this technology opens up a new market, I think to get that type of impact though on the market. You need to see the product widely distributed in a way that the iPhone has become today. If you think about when that product first came out. I remember my parents telling me, why the heck would you need a whole bunch of apps on your phone? Why would you need internet access and why would you want to pay the price point to that product? You could see a similar experience, here I will say one challenge with getting that distribution for this virtual reality device as compared with the iPhone is you're not going to have companies like AT&T, Verizon, T-Mobile subsidizing the purchase of this device in order to attach a wireless plan. Apple really having to sell this device on its own merits without support from third parties, which I think getting to that distribution you see with the smartphone much harder. But certainly, an interesting innovation in this virtual reality headset world, a different approach relative to some of the other folks. Apple has a reputation to support, they've certainly taken a good first step into the space. Ricky Mulvey: The one last application I think is interesting is the productivity question. Is it going to be better to do spatial computing than work on your laptop? Joanna Stern of The Wall Street Journal checked out the device and said, "Maybe the office is actually better interface computer. I was able to scatter a few apps in the space over the coffee table, messages, notes, and Safari. Instead of having multiple monitors, you could just put these virtual screens around your room." She actually used the device. I'm going to go based on, based on her experience with it. Whether or not this ends up replacing your home laptop remains to be seen, but it is definitely a compelling question moving forward. Nick Sciple: I'm excited to see what type of software applications come out for the device and another going back to the iPhone example. What really made the iPhone magical was the App Store, all the different things you could do with the device. Now that developers have their hands on the software, on the hardware, and can start innovating, I think we'll really see some interesting things come out into the market. Ricky Mulvey: Let's move on to Coinbase, because while Apple stock did not react to the presentation of these new goggles. Coinbase fell 15% this morning after the Securities and Exchange Commission announced that it is suing the company for operating as an unregistered securities exchange and failing to register its staking-as-a-service program. We'll get into what that means. But first, Nick, why do you think the market was taken by surprise on this announcement? Nick Sciple: That's an interesting question. I'm unsure; the SEC has telegraphed what they were going to do, so there shouldn't have been a surprise to many market participants. On March 22, the SEC issued a Wells Notice to Coinbase in relation to what has now become a complaint against the company that says, a Wells Notice says -- it's a formal statement of intent to pursue enforcement action following an investigation. Coinbase, the companies have an opportunity to rebut that. Certainly that has taken place and now the suit has been brought. But this risk has really always been known for the business. They're offering what appear to be securities and on an unregistered exchange, that's a violation of the law I guess. If you wanted to come out with a narrative of why the market might be surprised. Coinbase is big and established. They've been operating for over a decade. They have made some efforts to comply with the law. Certainly more so than other operators out there on the market. Then there has been some question, well, because the SEC hasn't enforced so far, maybe they won't enforce going into the future. You think about Uber as an example, broke a lot of laws. Got big enough that the laws magically changed for them. Doesn't seem that that's likely to be the case here with Coinbase, though. Ricky Mulvey: Well, one of the things that Coinbase was presenting. A lot of its marketing was, hey, we're a publicly traded company, therefore, we're more transparent than a lot of our competitors. It seems that the SEC has come out and said, well, maybe not so much. One thing the SEC is nailing down on Coinbase, is their staking-as-a-service, which they're arguing is an investment. So the accusation is that Coinbase allegedly pools crypto assets, which perform blockchain transaction validation services, then provides a portion of the rewards generated from this work to its customers whose assets were part of the pool. So basically, you've lent out your crypto. It validates other transactions that were on the blockchain and you generate a little bit of interest based on the work that's being performed. So why would the SEC be so upset about that activity going on on Coinbase? Nick Sciple: Well, without getting too down in the weeds about staking and what it is, the gist of it is, the SEC considers staking programs to be security offerings if the underlying assets that are being staked are considered securities. There's a test to decide whether, whether an asset is a security, it's called the Howey Test, a three-pronged test. First, is there a financial investment being made? Are people risking money? I think that's a pretty easy pass here. Second, is there's a shared enterprise, where multiple people investing into a shared operating business. Usually the test for that, is there a third party managing the assets, pooling those assets together? Well, as you describe, it seems to be what's taking place. Here in the third, is an expectation of profits by the efforts of others. So you, by investing money into this enterprise, expecting to make money by what the enterprise engages in. By that test, seems pretty clear that most crypto tokens are securities. The SEC seems to agree with that, under that logic. That Coinbase is operating an unregistered securities exchange in violation of the law. On top of that, there's not really a path, under current regulation, for Coinbase to really comply with the law and become a registered crypto exchange with the SEC. Coinbase has complained about regulatory clarity. That's fair given, the company has gone public. Those types of things, have gone over a decade without enforcement. But as things stand, if you enforce the laws on the books, there's really not a path forward for Coinbase. Or many of these other companies to move forward as a crypto exchange. So without a change in the underlying regulation. Without some government entities coming out on the side of Coinbase to change things. The company may just need to cease operations in the U.S., which obviously would not be ideal for the going concern of the business. Ricky Mulvey: It's not just Coinbase the SEC is taken aim at. It's also launched a similar complaint against Binance. With the addition of launching its own unlicensed securities and encouraging investors to use its offshore platform to get around those pesky SEC rules. It's still early days. But do you think this is a game changer for these exchanges? Or is it closer to what you described with Uber where they're breaking laws and then the company is able to move on? Or maybe even Meta's privacy violations in the European Union, where they pay a fine and then continue as is? Nick Sciple: I think the Binance case that there's a little bit more flagrant issues and misuse of customer assets than may be in the case of Coinbase. But that was a pretty inflammatory quote from that Binance chief compliance officer, "We are operating as an expletive unlicensed securities exchange in the U.S. today." So just goes to the idea that these companies, they've been flirting with violating the law for quite a while. I think if the SEC continues to enforce as they have done, you're going to have a really tough time maintaining operations in the U.S., which I think is devastating to the investment thesis. I think part of the reason you're seeing enforcement action now, as opposed to a number of years ago, is because these assets were going up in price a number of years ago and people were making a lot of money. This year, those assets have gone down in price and people have lost a lot of money, including the FTX scandal, people likely getting put in prison. So from the perspective of the regulators, a lot more safety and being aggressive here today. Whereas in the past may have been more safety in being hands-off. So things change pretty quickly sometimes. Ricky Mulvey: It's sure is hard to operate an unlicensed security exchange in the USA, bro. Nick Sciple, appreciate your time and your insight. Nick Sciple: Great to be here with you, Ricky. Ricky Mulvey: Retirement is something you plan decades for, but is it even good or healthy for you? Alison Southwick and Robert Brokamp have more. Alison Southwick: Retirement. What a novel concept. Spending the last two to three decades of our lives in full-time leisure mode is a relatively recent development. In 1900, the average retirement age was 76, but most people didn't even live that long. Life expectancy from birth back then was under 50 years old. People lucky enough to survive until 65 lived on average and other 11 to 13 years. So for most, retirement lasted just a handful of years. If they retired at all. Again, you are more likely to be dead. This is going to be such a fun episode. I can already tell. Robert Brokamp: Some good news. So the modern version of retirement, really began in the 1950s. The term senior citizen first entered popular use in 1955. The American Association of Retired Persons, now officially known as AARP, was founded in 1958. The phrase "golden years" showed up in a 1959 ad campaign for Sun City, one of the first retirement communities in America. At that point, the average retirement age was around 68. Fast-forward to today, and the typical retirement age is 61-65. We're retiring sooner and living longer. Americans who reach their mid-60s live approximately another 20 years on average. People with higher levels of education and wealth, which I think describes most of The Motley Fool podcast listeners, are more likely to outlive the averages. Alison Southwick: You might think that spending decades free from the stresses of the workday would be beneficial to one's health. But that may not be the case. Studies that have looked at whether retirement is good for people have come to mixed conclusions. So let's look at three measures of wellness and see what the evidence says about how they're affected by retirement. Let's start with physical health. So Bro, what do the studies tell us about whether retirement does a body good? Robert Brokamp: Well, Alison, if you want to die sooner, retirement might just do the trick. At least that's the implication from some studies so far. For example, a 2017 study found that the death rate of males in the U.S. spiked at age 62, which is the most common age for claiming Social Security benefits. According to the study, the findings are evidence that males engage in more unhealthy behaviors once they retire. Then there's a study of almost 3,000 Americans who retired between 1992 and 2010. Those who retired at age 66 had an 11% lower risk of death than those who retired at 65. Even after controlling for demographic lifestyle and health factors. But as we said before, a lot of this evidence is mixed. For example, there's an analysis of the University of Michigan's health and retirement study, which is this ongoing survey of 20,000 Americans. They found strong evidence that retirement improves reported health, mental health, and life satisfaction. I think that conflicting evidence can be partially explained by the fact that people have different types of jobs and different types of retirements. Some jobs put a lot of wear and tear on a body and retirement can improve health for these types of workers. The same if your job is extraordinarily stressful. On the other hand, many jobs aren't that taxing and in fact are good for your physical health because they get you out of bed in the morning and gets you moving. Anyone who just retires to the couch in front of the TV is going to see their health suffer and retirees on average, do watch much more TV than people who are working. One study pegged it at almost 50 hours a week. Alison Southwick: Can you blame them? It's a great time to be a watcher of television. Speaking of your brain on drugs, let's move on to cognitive health. Is retirement good or bad for a brain? Robert Brokamp: While the evidence here is also mixed, but it's clear that for many people, their jobs provided intellectual stimulation that isn't replaced when they retire. The brain, like most parts of the body, gets weaker when it's not exercised. Experts call this the use-it-or-lose-it hypothesis, and here's what a couple of studies found. One published in 2021 concluded that postponing retirement is protective against cognitive decline. The effect was more pronounced for people with higher levels of education. Then another study published in 2021 survey more than 9,000 people over the age of 50 across 17 European countries and had them perform memory tests over a span of 13 years. The study concluded that retirement was associated with a moderate decline in word recall and memory decline accelerated after retirement. Interestingly, it was worse for countries with less robust pension systems, which suggests that financial stress can be bad for the brain in retirement. Alison Southwick: Well, let's move on to social well-being because retirement conjures up visions of mornings spent with your buddies on the golf course and afternoons taking art classes at the rec center where some naked guy sits on a stool surrounded by easels -- you know the scene I'm talking about. Does retirement result in more and better relationships because you now have time to spend with friends -- although that naked guy probably doesn't want to be your friend -- although maybe? But probably best to keep it profesh. Robert Brokamp: Yeah. Probably so. Again, it depends on what you're retiring from and what you're retiring to. If you're leaving a relatively solitary job and then after retiring, you're able to spend more time with friends and family, then retirement is good for your relationships. Unfortunately, it's the other way around for most people. Work is one of their primary sources of social interaction. In fact, when retirees are asked what they miss boast about working, the No. 1 response is almost always the daily interactions they had with colleagues. A 2018 meta-analysis of 151 studies involving more than 700,000 people found that, "Early retirees undergo a significant reduction of social integration, a negative experience that does not seem to be compensated through non-work activities such as volunteering, family duties, and hobbies." A 2020 report from the National Academy of Sciences found that a quarter of Americans 65 and older are socially isolated. Now, being lonely is not only just sad, but it can be bad for your health. Earlier this month, Surgeon General Dr. Vivek Murthy issued a report entitled "Our Epidemic of Loneliness and Isolation" and included this in the introduction: "Loneliness is associated with a greater risk of cardiovascular disease, dementia, stroke, depression, anxiety, and premature death. The mortality impact of being socially disconnected is similar to that caused by smoking up to 15 cigarettes a day and even greater than that associated with obesity and physical inactivity." Get this, in England, they believe that this is such an important issue that the government created the role of minister of loneliness in 2018. Just finally on this topic for many retirees, the most important relationship is their marriage. The evidence suggests that the happiest retirees are those who are happily married, followed by single retirees and then retirees in unhappy marriages. The Wall Street Journal recently asked people about their concerns about retirement and one 64-year-old said that, "At times I worry about my wife and me. I have heard of plenty of couples who, when they retire, they find they have nothing in common and that scares the crap out of me." Investing in your marriage is also a key part of retirement planning. Alison Southwick: It makes a lot of sense to me when we were all social distancing and working from home during the dark times, I really felt lucky that I had my husband to keep me company. A lot of Fools who were single, who work at The Motley Fool, they really struggled with the isolation, it was sad to watch. OK Bro, so this episode has truly been on-brand with your awfulizing reputation. The thing that people spend most of their lives working toward you've been saying will make them miserable. But just surely it's not all bad given that most people don't want to work forever. What is your parting advice for how people can thrive in retirement? Robert Brokamp: Yes. I guess it is perhaps ironic that I'm the retirement expert here at The Motley Fool, and I've just given you all a parade, a study saying it's bad for you. Let me make this clear. Studies also show that retirees on average are pretty happy. In fact, in most cases, just as happy or happier than when they were working. I personally, I've spoken with many retirees over the years and I have often heard them say some variation of my only regret is I didn't do it sooner. The key to happy and healthy retirement is to figure out how to replace the good things that work provided. This of course, starts with determining whether your portfolio and benefits can replace the paycheck and health insurance that you received from your job because retirement is very difficult if you don't have enough money. But it also includes the social interaction and intellectual stimulation you got from working. A joint report from Edward Jones and Age Wave provided some examples on how hypothetical people could prepare for retirement. Here are five suggestions they had for someone who is in her late '50s and still working. Starts with create a plan to test-drive life in retirement. No. 2 is start playing a musical instrument or maybe just pursue some other long-held goal that challenges your brain. No. 3 was to try out two different volunteer opportunities every week and the evidence is very clear that people who regularly volunteer are happier than those who don't. No. 4 was organize monthly lunches with colleagues nearing retirement with plans to continue those luncheons after they retire. Then No. 5 was keep an ongoing list of activities to try in retirement. Finally, I'm just going to close by saying that when you look at the studies about happiness and retirement, they often talk about the importance of finding purpose. There can be a pretty nebulous term, but I like the definition provided by Mark Friedman, who is the CEO of Cogeneration, and that's an organization it looks for ways to bring older and younger generations together to solve problems. Friedman wrote, "Purpose is feeling like the world needs you as much as you need it, that you have something to contribute, and that you still matter." If you can make that part of your retirement. I think you'll be in good shape. Ricky Mulvey: As always, people on the program may have an interest in the stocks they talk about and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. I'm Ricky Mulvey. Thanks for listening. We'll see you next time. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Alison Southwick has positions in Apple. Nick Sciple has positions in Meta Platforms. Ricky Mulvey has positions in Meta Platforms. Robert Brokamp, CFP(R) has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Coinbase Global, Meta Platforms, and Uber Technologies. The Motley Fool recommends T-Mobile US and Verizon Communications. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The other thing that stood out to me, it does have a battery pack that attaches via cord, and a lot of people talked about that, looks a little bit awkward, not maybe as sleek as you might expect from an Apple product, but clearly the company focused on the weight of the device. Alison Southwick: Well, let's move on to social well-being because retirement conjures up visions of mornings spent with your buddies on the golf course and afternoons taking art classes at the rec center where some naked guy sits on a stool surrounded by easels -- you know the scene I'm talking about. A 2018 meta-analysis of 151 studies involving more than 700,000 people found that, "Early retirees undergo a significant reduction of social integration, a negative experience that does not seem to be compensated through non-work activities such as volunteering, family duties, and hobbies."	In this episode of Motley Fool Money, Motley Fool producer Ricky Mulvey and analyst Nick Sciple discuss: Apple's Vision Pro Product, its biggest product launch in a decade. Ricky Mulvey: Yesterday, Apple presented the Vision Pro, an augmented reality headset and its first major new product since 2014. They found strong evidence that retirement improves reported health, mental health, and life satisfaction.	In this episode of Motley Fool Money, Motley Fool producer Ricky Mulvey and analyst Nick Sciple discuss: Apple's Vision Pro Product, its biggest product launch in a decade. The other thing that stood out to me, it does have a battery pack that attaches via cord, and a lot of people talked about that, looks a little bit awkward, not maybe as sleek as you might expect from an Apple product, but clearly the company focused on the weight of the device. Ricky Mulvey: As always, people on the program may have an interest in the stocks they talk about and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear.	In this episode of Motley Fool Money, Motley Fool producer Ricky Mulvey and analyst Nick Sciple discuss: Apple's Vision Pro Product, its biggest product launch in a decade. Doesn't seem that that's likely to be the case here with Coinbase, though. If they retired at all.
15291.0	2023-06-17 00:00:00 UTC	Goldman Sachs: A Solid Investment for the Next Decade	AAPL	https://www.nasdaq.com/articles/goldman-sachs%3A-a-solid-investment-for-the-next-decade	nan	nan	Goldman Sachs (NYSE: GS) has not given the market much to cheer about since the end of 2021. High inflation, rising interest rates, slowing growth, and several U.S. and overseas bank failures created a hostile investing climate for all financial-services companies. Goldman Sachs is no exception, and the shares are down about 1% year to date compared to the S&P 500, which is up 15%. If you have an investing timeline of a year or less, there is little to motivate you to buy this stock at current levels in this uncertain market. However, this investment bank has plenty to like over the long term. Here's why you may want to research this stock further and put it on your buy list. Investment banking is a cyclical business Goldman Sachs is a global investment bank, one of the largest in the world, with offices in over 30 countries and 60 cities globally. Investment banks are cyclical businesses whose performance follows the overall economic cycle. Investment banks do well when the economy grows because they are involved in several activities essential to economic growth, such as mergers and acquisitions, underwriting of securities, and asset management. Investment banks can be a solid holding for investors with a long time horizon when buying shares at or near the bottom of an economic cycle. Banks have a history of performing well during economic recoveries because they can take advantage of the increased demand for financial services that comes with economic growth. Goldman Sachs is particularly well positioned to benefit from this pattern. Economic analysts anticipate that the global economic slowdown will reach a bottom soon due to several factors, including the reopening of China, easing inflationary pressures, supply chains continuing to recover, the receding negative impact of the Ukraine war, and a bounce back from the pandemic's adverse effects. Since Goldman's operations are worldwide, its business performance and stock price loosely follow global economic growth and should rise as the global economy rebounds. According to the latest Organization for Economic Cooperation and Development forecasts, global gross domestic product (GDP) growth should bottom out in 2023 at 2.7% and begin slowly picking up throughout 2024 -- a good time to invest in rebounding global economic growth. We are not out of the woods yet Because the health of the global economy and financial sector has declined since late 2021 due to worldwide inflation and coordinated tightening of monetary policy by many central banks, Goldman Sachs's stock has flatlined early then. Data source: YCharts The stock may only perform well once investors feel confident that the worst is behind us and the global economy won't descend into the abyss. Although many now say there's a new bull market, the economy is not entirely out of the woods yet. So there is some risk in investing today before analysts sound the "all clear" signal. Big growth initiatives Goldman Sachs has more than just cyclicality going for it. The company has several initiatives that should boost growth and profits long term. First, although Goldman's traditional business focuses on the U.S. and Europe, it increasingly looks to Asia and Latin America to tap into markets with faster growth. It provides various financial services to companies in these regions, including investment banking, asset management, and trading, helping produce more revenue and profits. Goldman Sachs is betting that the middle class, which shrunk in many Latin American countries during the pandemic, will return to growth in countries like Brazil after global growth resumes, creating demand for investment banking, asset management, and trading, which the bank is well positioned to provide. In Asia, Goldman Sachs has been a significant player for many years. The firm has a strong presence in China, India, and other major Asian markets, helping it tap into the region's growth. As Asian economies continue to generate GDP faster than developed markets like the U.S. and Europe, the investment banking operation is poised to succeed in the region. In addition to expanding its geographic reach, Goldman Sachs has invested in new technologies. The company has been developing artificial intelligence and machine learning tools to improve its financial services offerings. These investments have helped Goldman Sachs stay ahead of the competition and continue expanding its business. The Marquee platform and Goldman's partnership with Apple (NASDAQ: AAPL) are two examples of its technology investments. Marquee is a digital storefront for institutional client services, designed to provide them with a single access point to Goldman's full range of services. It is a cloud-based platform designed to be scalable and flexible. Clients can access the platform on any device from anywhere in the world. In 2019, Goldman Sachs launched Apple Card integrated with Apple Wallet -- a credit card designed to be simple, transparent, and rewarding. Apple Card users can earn daily cash back on their purchases and see their spending in real time. The partnership between Goldman Sachs and Apple is a win-win for both companies. Apple gets access to Goldman Sachs's expertise in financial services, and Goldman Sachs gets access to Apple's large and loyal customer base. The partnership is also a win for consumers who gain access to excellent financial services. Considering all these factors, Goldman Sachs is a compelling investment opportunity today for investors with a five-to-10-year time horizon. 10 stocks we like better than Goldman Sachs Group When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Goldman Sachs Group wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 12, 2023 {%sfr%} Rob Starks Jr has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Goldman Sachs Group. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The Marquee platform and Goldman's partnership with Apple (NASDAQ: AAPL) are two examples of its technology investments. High inflation, rising interest rates, slowing growth, and several U.S. and overseas bank failures created a hostile investing climate for all financial-services companies. We are not out of the woods yet Because the health of the global economy and financial sector has declined since late 2021 due to worldwide inflation and coordinated tightening of monetary policy by many central banks, Goldman Sachs's stock has flatlined early then.	The Marquee platform and Goldman's partnership with Apple (NASDAQ: AAPL) are two examples of its technology investments. Since Goldman's operations are worldwide, its business performance and stock price loosely follow global economic growth and should rise as the global economy rebounds. It provides various financial services to companies in these regions, including investment banking, asset management, and trading, helping produce more revenue and profits.	The Marquee platform and Goldman's partnership with Apple (NASDAQ: AAPL) are two examples of its technology investments. Investment banking is a cyclical business Goldman Sachs is a global investment bank, one of the largest in the world, with offices in over 30 countries and 60 cities globally. Goldman Sachs is betting that the middle class, which shrunk in many Latin American countries during the pandemic, will return to growth in countries like Brazil after global growth resumes, creating demand for investment banking, asset management, and trading, which the bank is well positioned to provide.	The Marquee platform and Goldman's partnership with Apple (NASDAQ: AAPL) are two examples of its technology investments. Investment banking is a cyclical business Goldman Sachs is a global investment bank, one of the largest in the world, with offices in over 30 countries and 60 cities globally. It provides various financial services to companies in these regions, including investment banking, asset management, and trading, helping produce more revenue and profits.
15292.0	2023-06-17 00:00:00 UTC	Japan to open up Apple- and Google-dominated phone apps to competition	AAPL	https://www.nasdaq.com/articles/japan-to-open-up-apple-and-google-dominated-phone-apps-to-competition	nan	nan	TOKYO, June 17 (Reuters) - Japan plans to stoke competition in smartphone app payments, dominated by Apple AAPL.O and Google, by banning major app store operators from forcing software developers to use the operators' own payment systems, a government panel said. The final report by the panel, released on Friday, also said major suppliers of smartphone operating systems (OS) should be obliged to offer users alternative ways to obtain apps in a secure manner other than their own app stores. Apple's iOS and Android from Alphabet's GOOGL.O Google roughly split Japan's mobile OS market. Apple allows users to download iPhone apps only through its own app store, while both Apple and Google require software developers to use proprietary payment systems that charge commissions of up to 30%. The report said that necessary legislative measures will be looked into next, while the Asahi Shimbun daily reported on Saturday the government aims to submit a related bill to parliament as early as next year. Members of the government panel include Industry Minister Yasutoshi Nishimura and Economy Minister Shigeyuki Goto. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast.) ((kiyoshi.takenaka@thomsonreuters.com; +81 3 4563 2788;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	TOKYO, June 17 (Reuters) - Japan plans to stoke competition in smartphone app payments, dominated by Apple AAPL.O and Google, by banning major app store operators from forcing software developers to use the operators' own payment systems, a government panel said. The final report by the panel, released on Friday, also said major suppliers of smartphone operating systems (OS) should be obliged to offer users alternative ways to obtain apps in a secure manner other than their own app stores. Apple's iOS and Android from Alphabet's GOOGL.O Google roughly split Japan's mobile OS market.	TOKYO, June 17 (Reuters) - Japan plans to stoke competition in smartphone app payments, dominated by Apple AAPL.O and Google, by banning major app store operators from forcing software developers to use the operators' own payment systems, a government panel said. The final report by the panel, released on Friday, also said major suppliers of smartphone operating systems (OS) should be obliged to offer users alternative ways to obtain apps in a secure manner other than their own app stores. Apple allows users to download iPhone apps only through its own app store, while both Apple and Google require software developers to use proprietary payment systems that charge commissions of up to 30%.	TOKYO, June 17 (Reuters) - Japan plans to stoke competition in smartphone app payments, dominated by Apple AAPL.O and Google, by banning major app store operators from forcing software developers to use the operators' own payment systems, a government panel said. The final report by the panel, released on Friday, also said major suppliers of smartphone operating systems (OS) should be obliged to offer users alternative ways to obtain apps in a secure manner other than their own app stores. Apple allows users to download iPhone apps only through its own app store, while both Apple and Google require software developers to use proprietary payment systems that charge commissions of up to 30%.	TOKYO, June 17 (Reuters) - Japan plans to stoke competition in smartphone app payments, dominated by Apple AAPL.O and Google, by banning major app store operators from forcing software developers to use the operators' own payment systems, a government panel said. The final report by the panel, released on Friday, also said major suppliers of smartphone operating systems (OS) should be obliged to offer users alternative ways to obtain apps in a secure manner other than their own app stores. Apple's iOS and Android from Alphabet's GOOGL.O Google roughly split Japan's mobile OS market.
15293.0	2023-06-16 00:00:00 UTC	3 Stocks to Buy for Long-Term, Life-Changing Returns	AAPL	https://www.nasdaq.com/articles/3-stocks-to-buy-for-long-term-life-changing-returns	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors are always on the hunt for long-term wealth stocks. You know, the kind that you can buy and hold for years (or decades) and generate market-beating returns. We’re all after that — that’s why we read articles like this one. When investing for the future, readers have to look under the hood and find high-quality businesses. At the same time, it can be hard when looking for long-term investment stocks. That’s because so many of the best stocks have already generated the life-changing returns that investors are currently looking for. A stock like Apple (NASDAQ:AAPL) is an amazing business. But with a near-$3 trillion market valuation, there is a concern that its bigger growth days are behind it. Or take Johnson & Johnson (NYSE:JNJ). I love the company, but with a $425 billion market cap and only modest growth, it’s hard to imagine it outperforming the S&P 500 year-in and year-out. So what are some long-term wealth stocks to buy now? Investing for the Future: The Trade Desk (TTD) Source: Tada Images / Shutterstock.com There is absolutely nothing wrong with the businesses above (Apple and J&J). Almost any investor could make a case for them. However, I am looking for stocks that can generate outsized market returns over the long haul from here, not stocks that have already created those returns. One such stock? The Trade Desk (NASDAQ:TTD): The Trade Desk is a digital advertising firm that utilizes a demand-side platform. This not only drives efficiency for the customer, but drives profit for the company. Further, The Trade Desk makes it easy for customers to leverage connected TVs, audio, video, mobile and other mediums for their advertising needs. Before the pandemic, after the pandemic and through the 2022 bear market, investors experienced a lot of volatility in TTD stock. However, the company remained incredibly stable. It’s able to operate around the world (China included) and continues to churn out steady growth. Consensus expectations call for more than 20% revenue growth this year and next year, to go alongside 17% earnings growth in 2023 and 20.5% growth in 2024. Long-Term Wealth Stocks: PayPal (PYPL) Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL): This fintech company is a controversial pick when it comes to long-term wealth stocks. The biggest reason? Because the stock has fallen out of favor with the market and suffered a peak-to-trough decline in excess of 80%. The stock has only recently hit a 52-week low. While many large cap and high growth stocks have come back to life, that has not been the case with PayPal. To be frank, I’m not sure why that’s been the case. PayPal has a solid brand and has been one of the market’s favorite stocks over the years. From the time it was spun off in mid-2015 to its high in February 2020 (just before the Covid-19 selloff), PayPal stock rallied more than 225%. It suffered a peak-to-trough decline of 34% during the Covid fallout — which was actually better than the S&P 500 — then soared another 277% to its all-time high in November 2021. Despite estimates calling for roughly 20% earnings growth this year, PayPal stock trades at just 13 times earnings. Maybe the stock will prove to be a value trap, but even if it can recoup half of its peak-to-trough losses by the end of the decade, we’re talking about a triple off the lows. An Old Classic: Disney (DIS) Source: Walt Disney Co Last but not least, we have Disney (NYSE:DIS): Disney has been around for nearly a century, as it approaches its 100-year anniversary in October. In that time, it’s become an entertainment conglomerate. The firm dominates in everything from TV and sports, movies and studio releases, parks and entertainment, streaming and other ventures. Yet amid all of that preeminence, it’s hit quite a bit of turbulence. While travel trends have propelled airlines, cruise stocks and other travel-oriented stocks, Disney has been left in the dust. In fact, it’s down 54% from its all-time high. If it can get back to that level, it will have more than doubled from its current price. CEO Bob Iger is back and looking to turn this ship around. Disney is cutting costs and reducing expenses, while at the same time boasting more than 230 million paying, streaming subscribers across its Hulu, ESPN+ and Disney+ platforms. Disney+ alone has more than 157 million subs. While Disney’s streaming strategy isn’t perfect, the firm is well-positioned in the future of at-home media consumption. On the date of publication, Bret Kenwell held a long position in JNJ, TTD and PYPL. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post 3 Stocks to Buy for Long-Term, Life-Changing Returns appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	A stock like Apple (NASDAQ:AAPL) is an amazing business. Further, The Trade Desk makes it easy for customers to leverage connected TVs, audio, video, mobile and other mediums for their advertising needs. Maybe the stock will prove to be a value trap, but even if it can recoup half of its peak-to-trough losses by the end of the decade, we’re talking about a triple off the lows.	A stock like Apple (NASDAQ:AAPL) is an amazing business. The Trade Desk (NASDAQ:TTD): The Trade Desk is a digital advertising firm that utilizes a demand-side platform. Long-Term Wealth Stocks: PayPal (PYPL) Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL): This fintech company is a controversial pick when it comes to long-term wealth stocks.	A stock like Apple (NASDAQ:AAPL) is an amazing business. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors are always on the hunt for long-term wealth stocks. However, I am looking for stocks that can generate outsized market returns over the long haul from here, not stocks that have already created those returns.	A stock like Apple (NASDAQ:AAPL) is an amazing business. One such stock? Consensus expectations call for more than 20% revenue growth this year and next year, to go alongside 17% earnings growth in 2023 and 20.5% growth in 2024.
15294.0	2023-06-16 00:00:00 UTC	Notable Friday Option Activity: GME, CWH, AAPL	AAPL	https://www.nasdaq.com/articles/notable-friday-option-activity%3A-gme-cwh-aapl	nan	nan	Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GameStop Corp (Symbol: GME), where a total volume of 83,378 contracts has been traded thus far today, a contract volume which is representative of approximately 8.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 127.6% of GME's average daily trading volume over the past month, of 6.5 million shares. Especially high volume was seen for the $25 strike call option expiring June 16, 2023, with 7,436 contracts trading so far today, representing approximately 743,600 underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $25 strike highlighted in orange: Camping World Holdings Inc (Symbol: CWH) options are showing a volume of 14,133 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 126.5% of CWH's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $25 strike put option expiring January 19, 2024, with 3,858 contracts trading so far today, representing approximately 385,800 underlying shares of CWH. Below is a chart showing CWH's trailing twelve month trading history, with the $25 strike highlighted in orange: And Apple Inc (Symbol: AAPL) options are showing a volume of 751,290 contracts thus far today. That number of contracts represents approximately 75.1 million underlying shares, working out to a sizeable 121.4% of AAPL's average daily trading volume over the past month, of 61.9 million shares. Especially high volume was seen for the $185 strike call option expiring June 16, 2023, with 80,897 contracts trading so far today, representing approximately 8.1 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $185 strike highlighted in orange: For the various different available expirations for GME options, CWH options, or AAPL options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: GPMT Dividend History NVTA Stock Predictions Institutional Holders of NCAC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Especially high volume was seen for the $185 strike call option expiring June 16, 2023, with 80,897 contracts trading so far today, representing approximately 8.1 million underlying shares of AAPL. Below is a chart showing CWH's trailing twelve month trading history, with the $25 strike highlighted in orange: And Apple Inc (Symbol: AAPL) options are showing a volume of 751,290 contracts thus far today. That number of contracts represents approximately 75.1 million underlying shares, working out to a sizeable 121.4% of AAPL's average daily trading volume over the past month, of 61.9 million shares.	Below is a chart showing CWH's trailing twelve month trading history, with the $25 strike highlighted in orange: And Apple Inc (Symbol: AAPL) options are showing a volume of 751,290 contracts thus far today. That number of contracts represents approximately 75.1 million underlying shares, working out to a sizeable 121.4% of AAPL's average daily trading volume over the past month, of 61.9 million shares. Especially high volume was seen for the $185 strike call option expiring June 16, 2023, with 80,897 contracts trading so far today, representing approximately 8.1 million underlying shares of AAPL.	That number of contracts represents approximately 75.1 million underlying shares, working out to a sizeable 121.4% of AAPL's average daily trading volume over the past month, of 61.9 million shares. Below is a chart showing CWH's trailing twelve month trading history, with the $25 strike highlighted in orange: And Apple Inc (Symbol: AAPL) options are showing a volume of 751,290 contracts thus far today. Especially high volume was seen for the $185 strike call option expiring June 16, 2023, with 80,897 contracts trading so far today, representing approximately 8.1 million underlying shares of AAPL.	Especially high volume was seen for the $185 strike call option expiring June 16, 2023, with 80,897 contracts trading so far today, representing approximately 8.1 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $185 strike highlighted in orange: For the various different available expirations for GME options, CWH options, or AAPL options, visit StockOptionsChannel.com. Below is a chart showing CWH's trailing twelve month trading history, with the $25 strike highlighted in orange: And Apple Inc (Symbol: AAPL) options are showing a volume of 751,290 contracts thus far today.
15295.0	2023-06-16 00:00:00 UTC	3 Warren Buffett Stocks to Buy and Never Look Back	AAPL	https://www.nasdaq.com/articles/3-warren-buffett-stocks-to-buy-and-never-look-back	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) CEO Warren Buffett has established himself as one of the greatest investors ever. No one will dispute this fact or the idea that Warren Buffett stocks tend to get much more attention from conservative investors for various reasons. Any company that receives the blessing of the Oracle of Omaha is one that long-term investors will look to own. With an annualized growth rate of 19.8% from 1965, Berkshire Hathaway has outperformed the S&P 500 and picked the right stocks that have proven the test of time. Certain companies possess the essential qualities to maintain their leadership positions and are immune to significant competitive challenges, and this is what Buffett loves. These companies are among the top long-term buy-and-hold stocks with robust brands and favorable growth prospects. Moreover, they offer indispensable products or services and demonstrate effective management, solid financials, and consistently strong performance. These three stocks embody all these attributes, according to the Oracle of Omaha. Bank of America (BAC) Source: 4kclips / Shutterstock.com Bank of America (NYSE:BAC) is a strong permanent buy-and-hold investment among the most important banking companies in the United States. Notably, even Warren Buffett has shown confidence by acquiring BAC stock over time. The bank’s consistent ability to generate positive operating leverage since 2015 has contributed to this sentiment. Additionally, Bank of America has demonstrated solid earnings, with its earnings per share increased from 80 cents to 94 cents in the last quarter despite facing challenges. Buffett’s recent actions suggest a shift in his banking investments, with a focus away from regional banks. He still owns more than 1 billion shares, or 13% of Bank of America, maintaining a sizable interest in the business. This makes it one of his largest holdings, second only to Apple (NASDAQ:AAPL). Bank of America stands as a stable investment compared to regional banks, benefiting from depositors seeking security amid rising interest rates. The higher rates enable the bank to increase loan charges, strengthening its financial performance. Additionally, Bank of America presents a favorable valuation compared to peers like JPMorgan Chase and Wells Fargo, trading at a lower earnings multiple and offering a significant discount based on book value and cash holdings. Coca-Cola (KO) Source: MAHATHIR MOHD YASIN / Shutterstock.com Coca-Cola (NYSE:KO) is a top holding in Buffett’s portfolio, often ranking third or fourth alongside American Express (NYSE:AXP). Coca-Cola pays a dividend yield of around 3.1% and has increased dividends for 61 consecutive years. It is well-positioned as a safe stock for a recession due to its value proposition and the anticipated need for a pick-me-up as people return to work. In a downturn, job security becomes crucial, and employees are likely to show up to the office daily, making Coca-Cola a reliable choice. With an estimated value of $258 billion and a wide variety of billion-dollar companies, Coca-Cola is the leading non-alcoholic drink corporation in the globe. Notably, Warren Buffett’s Berkshire Hathaway owns a significant 9.2% stake in Coca-Cola, valued at over $22 billion. Coca-Cola anticipates significant growth opportunities in the future as it taps into a vast total addressable market valued at $1.3 trillion in 2022. The company anticipates its total potential marketplace to grow gradually at a mid-single-digit yearly pace as the global populace is expected to rise by about 500 million by 2030. Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple is a well-known permanent investment stock that accounts for about 40% of the holdings of Warren Buffett’s Berkshire Hathaway. When Buffett shows confidence in a company by investing heavily in it, it becomes a noteworthy choice for other investors as well. Although Apple’s stock is selling at a PTE ratio of around 31 and is close to reaching its following the pandemic spike, its record of success as a sustained winner screams for itself. Apple has produced a remarkable usual yearly return of 28% over the previous ten years, above the S&P 500’s average annual gain of 12%. Apple reached unprecedented heights following the launch of its much-anticipated augmented reality headset, the “Vision Pro.” With a price tag of $3,499, this groundbreaking device immerses users in a captivating mixed-reality environment. It introduces unique features like app navigation controlled by eye movements, the ability to watch movies in 3D, browse photos, and indulge in immersive gaming experiences. Apple’s strong position in the consumer tech industry makes it a frontrunner in the thriving VR/AR sector. With a growing business and promising market conditions, the company’s stock presents an enticing investment opportunity. On the date of publication, Chris MacDonald has a position in KO, AAPL. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Wall Street Titan: Here’s My #1 Stock for 2023 The $1 Investment You MUST Take Advantage of Right Now It doesn’t matter if you have $500 or $5 million. Do this now. The post 3 Warren Buffett Stocks to Buy and Never Look Back appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	This makes it one of his largest holdings, second only to Apple (NASDAQ:AAPL). Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple is a well-known permanent investment stock that accounts for about 40% of the holdings of Warren Buffett’s Berkshire Hathaway. On the date of publication, Chris MacDonald has a position in KO, AAPL.	This makes it one of his largest holdings, second only to Apple (NASDAQ:AAPL). Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple is a well-known permanent investment stock that accounts for about 40% of the holdings of Warren Buffett’s Berkshire Hathaway. On the date of publication, Chris MacDonald has a position in KO, AAPL.	Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple is a well-known permanent investment stock that accounts for about 40% of the holdings of Warren Buffett’s Berkshire Hathaway. This makes it one of his largest holdings, second only to Apple (NASDAQ:AAPL). On the date of publication, Chris MacDonald has a position in KO, AAPL.	This makes it one of his largest holdings, second only to Apple (NASDAQ:AAPL). Apple (AAPL) Source: Eric Broder Van Dyke / Shutterstock.com Apple is a well-known permanent investment stock that accounts for about 40% of the holdings of Warren Buffett’s Berkshire Hathaway. On the date of publication, Chris MacDonald has a position in KO, AAPL.
15296.0	2023-06-16 00:00:00 UTC	Foxconn Plans To Make Electric Vehicles	AAPL	https://www.nasdaq.com/articles/foxconn-plans-to-make-electric-vehicles	nan	nan	(RTTNews) - Foxconn, Apple's key iPhone assembler with major operations in China, is planning to venture into making of electric vehicles, BBC reported following an interview with chairman and boss Young Liu. The Taiwanese firm, which is moving some supply chains out of China amid increased tensions between US and China, considers electric vehicles as the next growth targets. According to reports, the company is also considering to set up an EV manufacturing plant in India, and is in talks with some states regarding the same. Foxconn also plans car factories in US, Thailand, as well as in Indonesia. Foxconn hopes to capture about 5% of the global electric vehicle market in the next few years, reports said. In January, Foxconn had partnered with Nvidia to develop automated and autonomous vehicle platforms. As part of the deal, Foxconn agreed to be a tier-one manufacturer, producing electronic control units based on NVIDIA DRIVE Orin for the global automotive market. Liu now said Foxconn must prepare for the worst amid the issues between the countries. Foxconn, with an annual revenue of $200 billion, has started undertaking its business continuity planning, with some of its production lines already shifted to Mexico, Vietnam and India. The company makes more than half of Apple's products, including iPhones to iMacs, as well as products for Microsoft, Sony, Dell and Amazon. Foxconn operates the world's biggest iPhone factory in the Zhengzhou city, called iPhone City. The major plant, which was hit hard last year by worker unrest following Covid-19 spread and related restrictions, was running at 90% of planned production capacity at the end of December. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	(RTTNews) - Foxconn, Apple's key iPhone assembler with major operations in China, is planning to venture into making of electric vehicles, BBC reported following an interview with chairman and boss Young Liu. As part of the deal, Foxconn agreed to be a tier-one manufacturer, producing electronic control units based on NVIDIA DRIVE Orin for the global automotive market. The major plant, which was hit hard last year by worker unrest following Covid-19 spread and related restrictions, was running at 90% of planned production capacity at the end of December.	(RTTNews) - Foxconn, Apple's key iPhone assembler with major operations in China, is planning to venture into making of electric vehicles, BBC reported following an interview with chairman and boss Young Liu. Foxconn hopes to capture about 5% of the global electric vehicle market in the next few years, reports said. Foxconn operates the world's biggest iPhone factory in the Zhengzhou city, called iPhone City.	(RTTNews) - Foxconn, Apple's key iPhone assembler with major operations in China, is planning to venture into making of electric vehicles, BBC reported following an interview with chairman and boss Young Liu. Foxconn hopes to capture about 5% of the global electric vehicle market in the next few years, reports said. Foxconn operates the world's biggest iPhone factory in the Zhengzhou city, called iPhone City.	(RTTNews) - Foxconn, Apple's key iPhone assembler with major operations in China, is planning to venture into making of electric vehicles, BBC reported following an interview with chairman and boss Young Liu. Foxconn hopes to capture about 5% of the global electric vehicle market in the next few years, reports said. Foxconn operates the world's biggest iPhone factory in the Zhengzhou city, called iPhone City.
15297.0	2023-06-16 00:00:00 UTC	Apple Stock (NASDAQ:AAPL): Expectations Too Modest for the Vision Pro	AAPL	https://www.nasdaq.com/articles/apple-stock-nasdaq%3Aaapl%3A-expectations-too-modest-for-the-vision-pro	nan	nan	Apple (NASDAQ:AAPL) stock recently hit a new all-time high, just over a week after the company unveiled its "spatial computer" to the world. Undoubtedly, it seemed like the Vision Pro announcement was a "sell-the-news" type of scenario, with shares sinking amid the keynote before eventually recovering. I don't know whether it was the shocking price ($3,499), the lack of "killer" apps, a lack of overusing the word "AI," or the lengthy wait (it goes on sale in early 2024 in the U.S.) before fans can actually give Apple their money. Regardless, Apple's post-keynote reaction was somewhat muted, especially since the company delivered the new device that we've been waiting years for. In any case, the headset reveal was on virtually everybody's radar, with many analysts that already factored in Vision Pro sales into their financial models before the keynote. Nonetheless, relatively low expectations have me very bullish on the stock, even near all-time highs. Apple Vision Pro May Very Well be the Best Headset Yet Understandably, VR and AR have struggled to take off thus far, and the headset market still has a haze of uncertainty clouding it. Not to mention a potential recession could curb demand for the first Vision Pro model. For years, the technology and pricing appeared to have held the field of spatial computing back from living up to its potential. As Apple looks to take its shot in the space, I do think far too many people are over-curbing their enthusiasm when it comes to headset sales and the ability for visionOS (Vision Pro's operating system) to gradually take the place of tvOS, macOS, or even iOS. That's probably because there have been a lot of colossal flops when it comes to headsets over the years. Many influential companies gave it their best shot and have failed to deliver. Still, this is Apple we're talking about. Apple is not a company that throws new ideas at a wall to see what sticks. It's also not one to jump on the bandwagon or chase hot trends that don't have the potential to generate considerable earnings growth over a reasonable timeframe. If it were a trend chaser, like so many firms seem to be these days, it would have shined more light on AI innovations. Indeed, Apple can still innovate on the front of AI. It's just doing a better job of keeping the technical aspects behind the scenes. Further, Apple is all about safety and security when it comes to tech. It knows the dangers of unregulated AI and large language models (LLMs) in this early "wild-west" era. The technology may be amazing, but if there's no clear view of risk and reward, it may prove wise to stick on the sidelines for now. In the AI era, there is no room for the "move fast and break things" mentality. That doesn't mean Apple won't join the "AI race" in the future, though, perhaps once regulators catch up. CEO Tim Cook is impressed by the technology and previously admitted to using ChatGPT himself. Are Too Many Analysts Downplaying the Technology? It's always a good idea to have modest or realistic expectations regarding emerging technologies. For instance, though Meta Platforms (NASDAQ:META) stock has more than doubled this year, it's more AI and social media to thank than the so-called Metaverse or the Meta Quest headset. Arguably, Meta's metaverse may be holding it back from rallying even more. Late last year, when Meta stock was in the gutter, billionaire tech investor Brad Gerstner wrote an open letter to Meta asking for less cash to be poured into metaverse bets, among other requests. As VR and AR technology evolve, I do believe analysts could be caught revising to the upside in a few years after demand shows to be far better than expectations. Only time will tell if Vision Pro is a mass-market device that everyday Apple users will buy or plan to buy once they can afford to. Regardless, I believe there's a good chance that the demand could crush estimates in a year. Yes, $3,499 is not cheap, but as the app library grows alongside consumer savings (they have a year or so to save up), don't count me as surprised if Apple struggles to keep up with demand 18 months down the road. Wedbush's Daniel Ives is a long-time bull on Apple stock. He recently hiked his price target on AAPL from $205 to $220. Ives stated that Apple is "playing chess while others play checkers," also calling Vision Pro a "revolutionary product." Despite this, he sees just 150,000 units selling in the first year and 1 million in the second. Personally, I think first-year unit sales could easily pass 1 million, and if that's the case, Ives and other analysts may have a few more upgrades up their sleeves. Is Apple Stock a Buy, According to Analysts? Turning to Wall Street, AAPL stock comes in as a Strong Buy. Out of 29 analyst ratings, there are 22 Buys and seven Holds. The average Apple stock price target is $189.17, implying upside potential of 2.3%. Analyst price targets range from a low of $149.00 per share to a high of $210.00 per share. The Bottom Line on Apple Stock Apple stock is trading at a historical premium at 31.5 times trailing price-to-earnings. Despite this, I still view AAPL stock as a bargain. Vision Pro sales estimates vary among analysts, but most may be heavily underestimating demand. As such, I'm sticking with the stock as it inches closer to $3 trillion territory. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apple (NASDAQ:AAPL) stock recently hit a new all-time high, just over a week after the company unveiled its "spatial computer" to the world. He recently hiked his price target on AAPL from $205 to $220. Turning to Wall Street, AAPL stock comes in as a Strong Buy.	Apple (NASDAQ:AAPL) stock recently hit a new all-time high, just over a week after the company unveiled its "spatial computer" to the world. He recently hiked his price target on AAPL from $205 to $220. Turning to Wall Street, AAPL stock comes in as a Strong Buy.	Apple (NASDAQ:AAPL) stock recently hit a new all-time high, just over a week after the company unveiled its "spatial computer" to the world. He recently hiked his price target on AAPL from $205 to $220. Turning to Wall Street, AAPL stock comes in as a Strong Buy.	Apple (NASDAQ:AAPL) stock recently hit a new all-time high, just over a week after the company unveiled its "spatial computer" to the world. He recently hiked his price target on AAPL from $205 to $220. Turning to Wall Street, AAPL stock comes in as a Strong Buy.
15298.0	2023-06-16 00:00:00 UTC	Khashoggi's widow sues Israeli spyware company NSO over phone hacking	AAPL	https://www.nasdaq.com/articles/khashoggis-widow-sues-israeli-spyware-company-nso-over-phone-hacking	nan	nan	By Raphael Satter June 16 (Reuters) - The widow of murdered Saudi journalist Jamal Khashoggi says in a lawsuit that surveillance software built by the Israeli surveillance company NSO Group was used to spy on her messages in the months leading up to her husband's death. In a civil suit filed Thursday in the Northern District of Virginia, Hanan Elatr Khashoggi said that NSO "intentionally targeted" her devices and "caused her immense harm, both through the tragic loss of her husband and through her own loss of safety, privacy, and autonomy." NSO initially said it had not seen the lawsuit. When the firm was sent a copy, it did not immediately respond. The company - which markets surveillance technology to intelligence agencies and law enforcement around the world - has previously denied that its technology was used to hack Khashoggi. He was a Washington Post columnist who was murdered on the grounds of Saudi Arabia's consulate in Istanbul in 2018. U.S. intelligence concluded in 2021 that Saudi Crown Prince Mohammed bin Salman approved an operation to capture or kill Khashoggi. The Saudi government has denied any involvement by the crown prince and has maintained that Khashoggi's killing was a heinous crime by a rogue group. Saudi use of the Pegasus spying tool has come up in other controversial cases. Last year, Reuters reported that an attempt by Saudi authorities to wield Pegasus against Saudi women's rights activist Loujain al-Hathloul backfired, allowing researchers to uncover thousands of other victims and triggering a cascade of legal and government action. The U.S. government has imposed restrictions on doing business with NSO over human rights concerns, and the company faces a barrage of legal action over its spy services, including from Apple Inc AAPL.O and WhatsApp owner Meta Platforms Inc. META.O (Reporting by Raphael Satter Editing by Frances Kerry) ((Raphael.Satter@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The U.S. government has imposed restrictions on doing business with NSO over human rights concerns, and the company faces a barrage of legal action over its spy services, including from Apple Inc AAPL.O and WhatsApp owner Meta Platforms Inc. META.O (Reporting by Raphael Satter Editing by Frances Kerry) ((Raphael.Satter@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. U.S. intelligence concluded in 2021 that Saudi Crown Prince Mohammed bin Salman approved an operation to capture or kill Khashoggi. The Saudi government has denied any involvement by the crown prince and has maintained that Khashoggi's killing was a heinous crime by a rogue group.	The U.S. government has imposed restrictions on doing business with NSO over human rights concerns, and the company faces a barrage of legal action over its spy services, including from Apple Inc AAPL.O and WhatsApp owner Meta Platforms Inc. META.O (Reporting by Raphael Satter Editing by Frances Kerry) ((Raphael.Satter@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. By Raphael Satter June 16 (Reuters) - The widow of murdered Saudi journalist Jamal Khashoggi says in a lawsuit that surveillance software built by the Israeli surveillance company NSO Group was used to spy on her messages in the months leading up to her husband's death. The company - which markets surveillance technology to intelligence agencies and law enforcement around the world - has previously denied that its technology was used to hack Khashoggi.	The U.S. government has imposed restrictions on doing business with NSO over human rights concerns, and the company faces a barrage of legal action over its spy services, including from Apple Inc AAPL.O and WhatsApp owner Meta Platforms Inc. META.O (Reporting by Raphael Satter Editing by Frances Kerry) ((Raphael.Satter@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. By Raphael Satter June 16 (Reuters) - The widow of murdered Saudi journalist Jamal Khashoggi says in a lawsuit that surveillance software built by the Israeli surveillance company NSO Group was used to spy on her messages in the months leading up to her husband's death. Last year, Reuters reported that an attempt by Saudi authorities to wield Pegasus against Saudi women's rights activist Loujain al-Hathloul backfired, allowing researchers to uncover thousands of other victims and triggering a cascade of legal and government action.	The U.S. government has imposed restrictions on doing business with NSO over human rights concerns, and the company faces a barrage of legal action over its spy services, including from Apple Inc AAPL.O and WhatsApp owner Meta Platforms Inc. META.O (Reporting by Raphael Satter Editing by Frances Kerry) ((Raphael.Satter@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. By Raphael Satter June 16 (Reuters) - The widow of murdered Saudi journalist Jamal Khashoggi says in a lawsuit that surveillance software built by the Israeli surveillance company NSO Group was used to spy on her messages in the months leading up to her husband's death. In a civil suit filed Thursday in the Northern District of Virginia, Hanan Elatr Khashoggi said that NSO "intentionally targeted" her devices and "caused her immense harm, both through the tragic loss of her husband and through her own loss of safety, privacy, and autonomy."
15299.0	2023-06-16 00:00:00 UTC	Does Quality Matter? Diving Into BlackRock’s Quality Factor ETF (BATS:QUAL)	AAPL	https://www.nasdaq.com/articles/does-quality-matter-diving-into-blackrocks-quality-factor-etf-bats%3Aqual	nan	nan	You often hear investors talk about looking for high-quality companies to invest in, but what does "high quality" mean in reality? There are different ways of defining quality, but BlackRock's (NYSE:BLK) iShares MSCI USA Quality Factor ETF (BATS:QUAL) has its own criteria, and it uses this as the basis for its investments. How does it work, and has seeking quality paid off over time for investors? What Does the QUAL ETF Do? QUAL is a large $31 billion ETF from BlackRock’s iShares that invests in mid and large-cap U.S. stocks that “exhibit positive fundamentals, including high return on equity, stable year-over-year earnings growth, and low financial leverage.” Its underlying index is the MSCI USA Sector Neutral Quality Index iShares says that QUAL screens for return on equity to find profitable companies, low earnings variability so that it is investing in stocks with stable earnings, and low debt-to-equity ratios to ensure that it is investing in stocks with low leverage. These all seem like sensible screens and good ways to weed out many of the market's lower-quality stocks. QUAL's Holdings QUAL’s purpose is to find and invest in companies with high-quality characteristics, so it’s no surprise that its portfolio is comprised largely of companies most investors typically think of as blue-chip stocks. The fund is very diversified and holds 126 different positions. Holdings are capped at 5% and rebalanced semiannually to ensure that the fund remains sufficiently diversified. Furthermore, its top 10 holdings account for just 38.6% of assets. Below is an overview of QUAL’s top 10 holdings using TipRanks’ holdings tool. Nvidia (NASDAQ:NVDA) is the toast of the town in the investing world these days thanks to its key role in the rise of artificial intelligence (AI), so it’s unsurprising that it's QUAL’s top holding with a weighting of 5.9%. After Nvidia, tech giants Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL), the two most valuable companies in the world by market cap, are QUAL’s next two largest holdings. However, QUAL isn’t simply a large-cap tech ETF -- within the top 10, you’ll also find healthcare companies like Eli Lilly (NYSE:LLY), global payment networks Visa (NYSE:V) and Mastercard (NASDAQ:MA), and even an oil major, ConocoPhillips (NYSE:COP). Indeed, the fund is well-diversified across sectors, with the top sector, information technology, accounting for a 29.65% weighting, followed by healthcare (13.1%) and financials (11.74%). All other sectors have less than a 10% weighting. Information technology currently makes up a larger portion of the fund due to the rallies that its top holdings (tech stocks like Meta, Nvidia, Microsoft, and Apple) have seen in 2023. BlackRock’s definition of high quality seems to correlate well with TipRanks’ Smart Scores. The Smart Score is TipRanks’ proprietary quantitative stock scoring system. It gives stocks a score from 1 to 10 based on eight market key factors. The score is data-driven and does not involve any human intervention. Eight of QUAL’s top 10 holdings have Smart Scores of 8 or above, led by Nvidia, which boasts a 'Perfect 10' rating. QUAL stock itself has a Smart Score of 8 out of 10. Another nice thing about QUAL is that while it focuses on blue-chip investments, it isn’t paying an egregious valuation for them. The ETF’s average price-to-earnings ratio is 17.8, which is actually a slight discount to the S&P 500. Lastly, the fund deserves credit for its tax efficiency -- it has never had to pay a capital gains distribution over the years. Dividend and Fees QUAL pays out a dividend that currently yields 1.3%. This isn’t a dividend yield that really stands out in the current market environment, but it helps to add to total returns over time. The ETF also features a reasonable expense ratio of 0.15%. Solid Past Performance The efficacy of QUAL’s strategy seems to be borne out in its results. As of the end of the most recent quarter, it boasts double-digit annualized total returns over both a three and five-year basis, with annualized returns of 17.0% and 10.2% over each of those timeframes, respectively. Since its inception in 2013, the fund has returned a solid 11.6% on an annualized basis. Is QUAL Stock a Buy, According to Analysts? Analysts are relatively bullish on QUAL. It enjoys a Moderate Buy consensus rating from analysts, and the average QUAL stock price target of $144.62 implies upside potential of 8.3%. Of the 1,617 analyst ratings on QUAL, 61% are Buys, 33.3% are Holds, and 5.7% are Sells. Investor Takeaway: Does Quality Matter? You can't really argue with the type of results that QUAL has produced for its investors, and you could certainly have done a lot worse than investing in QUAL over the years with many of the other ETFs out there. Double-digit annualized returns over the long term are nothing to complain about. On the other hand, despite its rigorous approach to screening for quality, QUAL's total returns are not all that different from those of a broad-market S&P 500 (SPX) ETF like the Vanguard S&P 500 ETF (NYSEARCA:VOO) or the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) which both slightly outperformed QUAL over the same three- and five-year time frames. As of the end of the most recent quarter, VOO posted total annualized returns over the three- and five-year time periods of 18.6% and 11.1%, respectively, while SPY had returns of 18.5% and 11% over the same periods. These ETFs both outperformed QUAL over the past three and five years despite their simple strategy of just investing in the S&P 500 without running additional screens for quality. Further, the Invesco QQQ Trust (NASDAQ:QQQ), which invests in the Nasdaq 100 Index (NDX), has returned 19.8% and 15.7% over the past three and five years, respectively. Below, you can check out a comparison of these four ETFs using TipRanks' ETF Comparison Tool, which is customizable and allows users to compare up to 20 ETFs at once across a variety of factors. None of this is to say that there is anything wrong with QUAL. It is a good ETF that has helped its investors to compound wealth over time. Past performance is no guarantee of future results, so it's also possible that QUAL could outperform these peers in the future. Additionally, QUAL's screens for low leverage and earnings consistency could help it to gain a leg up on the competition in the event of a recession. However, It's just worth pointing out that there are other major, well-known ETFs that have generated even better results with less complex strategies. Note that VOO (0.03%) and SPY (0.09%) have lower expense ratios than QUAL, while QQQ comes in a bit higher (0.2%). These ETFs also end up overlapping quite a bit, as the top stocks in QUAL's high-quality index are also among the largest S&P 500 and Nasdaq stocks by market cap, so the same names like Nvidia, Apple, and Microsoft account for large positions in all four ETFs. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	After Nvidia, tech giants Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL), the two most valuable companies in the world by market cap, are QUAL’s next two largest holdings. Nvidia (NASDAQ:NVDA) is the toast of the town in the investing world these days thanks to its key role in the rise of artificial intelligence (AI), so it’s unsurprising that it's QUAL’s top holding with a weighting of 5.9%. Information technology currently makes up a larger portion of the fund due to the rallies that its top holdings (tech stocks like Meta, Nvidia, Microsoft, and Apple) have seen in 2023.	After Nvidia, tech giants Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL), the two most valuable companies in the world by market cap, are QUAL’s next two largest holdings. There are different ways of defining quality, but BlackRock's (NYSE:BLK) iShares MSCI USA Quality Factor ETF (BATS:QUAL) has its own criteria, and it uses this as the basis for its investments. QUAL is a large $31 billion ETF from BlackRock’s iShares that invests in mid and large-cap U.S. stocks that “exhibit positive fundamentals, including high return on equity, stable year-over-year earnings growth, and low financial leverage.” Its underlying index is the MSCI USA Sector Neutral Quality Index iShares says that QUAL screens for return on equity to find profitable companies, low earnings variability so that it is investing in stocks with stable earnings, and low debt-to-equity ratios to ensure that it is investing in stocks with low leverage.	After Nvidia, tech giants Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL), the two most valuable companies in the world by market cap, are QUAL’s next two largest holdings. QUAL is a large $31 billion ETF from BlackRock’s iShares that invests in mid and large-cap U.S. stocks that “exhibit positive fundamentals, including high return on equity, stable year-over-year earnings growth, and low financial leverage.” Its underlying index is the MSCI USA Sector Neutral Quality Index iShares says that QUAL screens for return on equity to find profitable companies, low earnings variability so that it is investing in stocks with stable earnings, and low debt-to-equity ratios to ensure that it is investing in stocks with low leverage. On the other hand, despite its rigorous approach to screening for quality, QUAL's total returns are not all that different from those of a broad-market S&P 500 (SPX) ETF like the Vanguard S&P 500 ETF (NYSEARCA:VOO) or the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) which both slightly outperformed QUAL over the same three- and five-year time frames.	After Nvidia, tech giants Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL), the two most valuable companies in the world by market cap, are QUAL’s next two largest holdings. What Does the QUAL ETF Do? These ETFs both outperformed QUAL over the past three and five years despite their simple strategy of just investing in the S&P 500 without running additional screens for quality.

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