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16200.0	2023-04-24 00:00:00 UTC	ETFs in Focus Ahead of Big Tech Q1 Earnings	AAPL	https://www.nasdaq.com/articles/etfs-in-focus-ahead-of-big-tech-q1-earnings	nan	nan	We are in the peak of the first-quarter earnings season, and tech giants are in the spotlight this week and the next. The five biggest tech players — Microsoft MSFT, Apple AAPL, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — are set to report. All these tech giants have gained between 18% and 70% this year. The mega-cap tech stocks have roared in recent months on investors’ flight to cash-rich companies amid the banking crunch. This is especially true as tech giants have strong balance sheets, durable revenue streams and robust profit margins and are, thus, better positioned to withstand a possible economic downturn. The tech stocks also received a boost from weakening economic data and the heightened risk of a recession (read: 5 Tech Stocks That Powered Nasdaq ETF in the First Quarter). Microsoft and Alphabet are expected to release results on Apr 25 after market close, while Meta Platforms will report on Apr 26. Amazon is scheduled to release its earnings on Apr 27 and Apple will report on May 4. Microsoft Microsoft has a Zacks Rank #3 (Hold) and an Earnings ESP of 0.00%. According to our methodology, 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. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. The stock witnessed no earnings estimate revision for the to-be-reported quarter over the past 30 days. Microsoft’s earnings track is impressive, with the last four-quarter earnings surprise being 1.12%, on average. The Zacks Consensus Estimate indicates no earnings growth and a modest revenue growth of 3.2% from the year-ago quarter. Microsoft belongs to a top-ranked Zacks industry (top 43%) and has risen 19.2% so far this year (read: ETFs to Gain on Microsoft's $13-Billion Bet on OpenAI). Alphabet Alphabet has a Zacks Rank #4 and an Earnings ESP of 6.55%. It saw no earnings estimate revision over the past 30 days for the to-be-reported quarter. The company’s earnings surprise track over the past four quarters is not good, with the beat being negative 8%, on average. Earnings are expected to decline 13%, while revenues are expected to grow 2% from the year-ago quarter. Alphabet falls under a botton-ranked Zacks industry (bottom 41%). The Internet behemoth has climbed about 19.5% so far this year. Meta Platforms Meta Platforms has a Zacks Rank #1 and an Earnings ESP of +11.23%. The social media giant saw a negative earnings estimate revision of a penny for the to-be-reported quarter over the past seven days. The current Zacks Consensus Estimate for the yet-to-be-reported quarter indicates a substantial year-over-year earnings decline of 27.9%. Revenues are also expected to decrease 1.5%. Meta Platforms delivered an earnings surprise of 8.56%, on average, in the last four quarters. The stock belongs to a top-ranked Zacks industry (top 28%). Shares of META have surged about 77% so far this year. Amazon Amazon has a Zacks Rank #3 and an Earnings ESP of +20.82%. The stock saw negative earnings estimate revision of 4 cents over the past seven days for the first quarter. The Zacks Consensus Estimate represents substantial year-over-year revenue growth of 7.1% but no earnings growth. Amazon’s earnings surprise history is impressive, with an average beat of 10.52% for the last four quarters. The stock falls under a top-ranked Zacks industry (top 32%). The online e-commerce behemoth has witnessed a share price increase of 27.3% in the year-to-date timeframe. Apple Apple has a Zacks Rank #3 and an Earnings ESP of -0.29%. The stock saw positive earnings estimate revision of a penny over the past 7 days for second-quarter fiscal 2023. Analysts increasing estimates right before earnings — with the most up-to-date information possible — is a good indicator for the stock. The stock delivered an earnings surprise of 2.84%, on average, over the past four quarters. Apple is expected to report an earnings decline of 5.3% and a revenue decline of 4.1% from the year-ago quarter. It belongs to a top-ranked Zacks industry (top 23%). The stock has gained 27% in the year-to-date timeframe (see: all the Technology ETFs here). ETFs to Tap Given this, investors may want to play these stocks with the help of ETFs. Below, we have highlighted five ETFs having the largest exposure to these tech giants. MicroSectors FANG+ ETN (FNGS): This ETN is linked to the performance of the NYSE FANG+ Index, which is equal-dollar weighted and designed to provide exposure to a group of highly traded growth stocks of next-generation technology and tech-enabled companies. The note accounts for a 10% share in each of the FAANG stocks and has a Zacks ETF Rank #3 (Hold). Blue Chip Growth ETF (TCHP): This fund focuses on companies with leading market positions, seasoned management and strong financial fundamentals. It accounts for a combined 41.4% share in the five firms. Vanguard Mega Cap Growth ETF (MGK): This ETF offers exposure to the largest growth stocks in the U.S. market and has a Zacks ETF Rank #3. The five firms account for a combined 41.2% share in the basket. Invesco QQQ (QQQ): This ETF focuses on 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. This fund makes up for a 39% share in the in-focus firms and has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook (read: Nasdaq-100 Enters Bull Market: ETFs to Ride on). iShares U.S. Tech Independence Focused ETF (IETC): This fund offers exposure to U.S. companies with a focus on U.S. tech independence. The five firms account for a combined 25.2% share in the basket. 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : 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.	The five biggest tech players — Microsoft MSFT, Apple AAPL, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — are set to report. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : 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. The mega-cap tech stocks have roared in recent months on investors’ flight to cash-rich companies amid the banking crunch.	The five biggest tech players — Microsoft MSFT, Apple AAPL, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — are set to report. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : 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. According to our methodology, 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.	Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : 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. The five biggest tech players — Microsoft MSFT, Apple AAPL, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — are set to report. According to our methodology, 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.	The five biggest tech players — Microsoft MSFT, Apple AAPL, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — are set to report. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : 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. According to our methodology, 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.
16201.0	2023-04-24 00:00:00 UTC	Technology Sector Update for 04/24/2023: AAPL, CARR, SMCI, CSCO	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-24-2023%3A-aapl-carr-smci-csco	nan	nan	Tech stocks were lower late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) easing 0.5% and the Philadelphia Semiconductor index declining 0.6%. In company news, Apple (AAPL) won an appeals court ruling upholding its App Store's policies in an antitrust case brought by Epic Games, the maker of the Fortnite game, Bloomberg reported. Apple shares were edging up 0.2%. Carrier Global (CARR) is reportedly in advanced discussions to buy German industrial company Viessmann for at least $10 billion, including debt, in a cash-and-stock deal, The Wall Street Journal reported, citing unnamed people familiar with the matter. Carrier shares were down 7.6%. Supermicro (SMCI) fell more than 8%. The company reported preliminary fiscal Q3 revenue of $1.28 billion, down from $1.36 billion a year earlier. Analysts surveyed by Capital IQ expect $1.46 billion. Cisco Systems (CSCO) said its new extended detention and response solution or Cisco XDR is in beta and is expected to be commercially available in July. Cisco shares rose 0.7%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	In company news, Apple (AAPL) won an appeals court ruling upholding its App Store's policies in an antitrust case brought by Epic Games, the maker of the Fortnite game, Bloomberg reported. Tech stocks were lower late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) easing 0.5% and the Philadelphia Semiconductor index declining 0.6%. Carrier Global (CARR) is reportedly in advanced discussions to buy German industrial company Viessmann for at least $10 billion, including debt, in a cash-and-stock deal, The Wall Street Journal reported, citing unnamed people familiar with the matter.	In company news, Apple (AAPL) won an appeals court ruling upholding its App Store's policies in an antitrust case brought by Epic Games, the maker of the Fortnite game, Bloomberg reported. Apple shares were edging up 0.2%. Carrier shares were down 7.6%.	In company news, Apple (AAPL) won an appeals court ruling upholding its App Store's policies in an antitrust case brought by Epic Games, the maker of the Fortnite game, Bloomberg reported. Carrier Global (CARR) is reportedly in advanced discussions to buy German industrial company Viessmann for at least $10 billion, including debt, in a cash-and-stock deal, The Wall Street Journal reported, citing unnamed people familiar with the matter. Cisco Systems (CSCO) said its new extended detention and response solution or Cisco XDR is in beta and is expected to be commercially available in July.	In company news, Apple (AAPL) won an appeals court ruling upholding its App Store's policies in an antitrust case brought by Epic Games, the maker of the Fortnite game, Bloomberg reported. Carrier shares were down 7.6%. The company reported preliminary fiscal Q3 revenue of $1.28 billion, down from $1.36 billion a year earlier.
16202.0	2023-04-24 00:00:00 UTC	Wall Street Headlines, International Investing, and Stocks to Watch	AAPL	https://www.nasdaq.com/articles/wall-street-headlines-international-investing-and-stocks-to-watch	nan	nan	In this Motley Fool Money podcast, Motley Fool Chief Investment Officer Andy Cross and senior analyst Jason Moser discuss: Tesla's challenge with margin pressure. Intuitive Surgical's strong first-quarter results and guidance. How American Express is continuing to catch on with millennials and Gen Z. Shares of D.R. Horton, America's largest homebuilder, hitting a new all-time high. The latest from Netflix, P&G, Johnson & Johnson, and Lululemon. The growing business of tiny snacks. Two stocks on our analysts' radar: Tractor Supply and Amazon. Also, Motley Fool senior analyst Bill Mann discusses China's rise as an automotive exporter, Apple's growing presence in India, and why he's keeping an eye on mining companies in Brazil. 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 Walmart When our analyst team has an investing 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 Walmart 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 April 20, 2023 This video was recorded on April 21, 2023. Chris Hill: Earning season is heating up, so let's get to it. Motley Fool Money starts now. ... Chris Hill: It's the Motley Fool Money radio show. I'm Chris Hill. Joining me in studio, Motley Fool senior analyst Jason Moser, and Andy Cross. Good to see you as always, gentlemen. Jason Moser: Hey. Andy Cross: Hey Chris. Chris Hill: We've got the latest headlines from Wall Street, we will talk international investing with Bill Mann, and as always, we've got a couple of stocks on our radar. But we begin with earnings season heating up. First up is Netflix. First-quarter results were mixed with profits a little higher than expected, overall revenue a little lower. The company also announced it is delaying the rollout of its plan to crack down on password sharing. Jason, lot of focus on Netflix this week, but for the first time in a long time, there wasn't really a lot of talk about something that we typically hear, which is their subscriber number. Do you think Netflix is moving into a new phase here? Jason Moser: No question about it, I think. I mean, in the past, to your point there, the focus was always subscribers, subscribers, subscribers. That is absolutely taking a backseat now, and the real story for this quarter revolved around the paid sharing and advertising. But in regard to metrics that matter, the company is now encouraging us to focus on revenue growth and operating margin. That's going to be the indicator of success and profitability for the business. And subscribers, it's almost like a footnote in the release now. To that point, they did bring in 1.8 million subscribers, so that's good news. Revenue when you exclude currency effects grew 8%, operating margin down a little bit, but they really based that on currency impacts as well. Now, to the paid sharing and the advertising, first, paid sharing, it is slow going. This seems to be deliberate on their part. They want to make sure they get it right and maintain a positive member experience. What that's going to do, it's going to push growth out a little bit. I think that is probably what has investors on edge right now, but they see that accelerating in the back half of the year. And the reason why is because they've already rolled this out in Canada and they're seeing positive signs, but it's like one of those things -- it got worse before it got better, but it did start to get better. So I think that gives them reasonably, that domestically here, that paid sharing will pay off. On the advertising front, I was a little bit taken back by a point they made in the release there. In the U.S., the ads plan already has a total average revenue per member -- which is the subscription plus the ad component there -- it's greater than the standard plan that they offer. Now, that's $15.49 per month. I think that goes to show that while Netflix was a little bit late to the ad game, clearly the consumer has got some tolerance for advertising, because I think most other streaming services have that dynamic, or at least that offering. So while that initial target of 40 million ad subscribers might've seemed a little bit glass-half-full when they stated that, now it seems like maybe they could probably get there by the end of quarter three or maybe by the end of the year. Andy Cross: Jason, that really caught me well too, and I was very surprised by that, and encouraged as a Netflix owner and a follower of the stock. Their target for their free cash flow -- this is becoming what Netflix [is]. It is becoming a free-cash-flow growth story. They're being more disciplined on the movie launches and the creation of that content and on the cost structure, I think. So understanding that this is a real free-cash-flow generating business, and maybe not like what it was over the past few years. And I think that's what investors are now starting to realize. This is what the power is of Netflix and that free cash flow, I think, is what's going to drive the stock higher. Jason Moser: Yeah, you're right there. I think something to note there, too, is that they pulled back a little bit on content spend this year, and that impacted the financials positive. Like, cash flow was a little bit better than I think what we were anticipating. Now, the flip side of that is they anticipate getting back to that normalized budget in 2024, budgeting for around $17 billion in content spend. That'll probably play out on those cash flow numbers a little bit next year, but I think that they can counter that with the accelerating performance there in paid sharing as they continue to roll that out. Chris Hill: Tesla has been cutting prices on some of its vehicles, and that price cutting showed up in the company's first-quarter results. Earnings per share, net income, and lower margins combined to send shares of Tesla down more than 10% this week, Andy. Andy Cross: Chris, like any business, it's coming down for Tesla, down to pricing and to volumes and making sure that mix is right, and clearly Tesla this quarter is leading with the volume game. As Elon Musk said, "We've taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles over time will be able to generate significant profit through the autonomy business." So they delivered 423,000 vehicles this year, that was up 36%, but the Model 3 and the Model Y drove most of that growth. The higher-margin Model S and Model Y made up less than 11,000 of the deliveries, Chris, and that was down 27%. Revenue is up 23%. Three out of the last four quarters though, we've seen slowing revenue growth. They've lowered prices several times, somewhere between 15% to 25% or so just this year. Although just interestingly, I think they just increased them right after theearnings callto boost them up back a little bit. Operating margin, which is really the metric that I think so many investors are following both on the car side and overall -- the total company operating margin fell to 11.2% versus 19.2%. And the automotive gross margin fell to that 20%-ish range, and that's where investors, I think, are getting a little bit nervous, because that's the one they want to see higher. Interesting though on that: They still remain, on the operating margin, well the highest in the industry and more than double the other major car makers. So they have the profit room and the business model, and this is really now a land grab. They are being very aggressive in the market, very aggressive on pricing to drive the volumes, to be able to continue to drive toward 1.8 million cars delivered this year, which would be up about 37%. Finally, Chris, interesting -- the storage and the energy business continues to gain momentum. The energy storage deployed was up 360% to 3.9 gigawatt hours now versus less than 1 gigawatt hours a year ago. They expect the storage deployment growth to really exceed the volume growth in the vehicles over time. So we can't forget about that energy business. It is a growing part of the Tesla story. But overall, I think, this is what we started to expect when we saw the aggressiveness that Tesla was being in the market price on their prices or their cars. Chris Hill: Shares of Intuitive Surgical up more than 10% this week after first-quarter results were highlighted by more procedures. Jason, Intuitive Surgical management forecasts that they expect that trend to continue throughout the year. Jason Moser: Yeah, good news indeed. It's been a bit of a bumpy ride over the last three years, but Intuitive Surgical is absolutely benefiting from this return to normal. If you look at the numbers, it certainly bears that out. Excluding currency impacts, they saw revenue for the quarter up 17%. Modest earnings-per-share growth as well. You mentioned procedures. Worldwide procedural growth, 26% -- that came in well above management's own expectations there. Ultimately, when you look at -- a lot of this company's money is made on instruments and accessories because of those procedures. That revenue grew 22%, and so really, they are seeing more and more being done with their equipment, which is great. Average selling prices remain stable, and that's good. Intuitive's really well known for the da Vinci system. The other system they have, the Ion system, which is focused on bronchoscopy, they placed 55 systems for the quarter versus 34 one year ago. And back to the procedures thing -- with Ion, procedures were up 159%. Clearly, physicians are finding use in that platform there. One of the neat things about this company, one of the reasons why I recommended it in our immersive technology service, is the virtual reality angle there. They saw simulation subscriptions grow 36% as the virtual reality training continues to gain traction. I think one thing to keep an eye on with this company -- I'm going to ding them a little bit here, A.C. -- we like to see companies buying back their shares because they feel like there's value there. To be clear, Intuitive Surgical's bought back a lot of shares. From the beginning of 2022 to the end of the first quarter of this year, they repurchased 12.6 million shares. The problem is you go all the way back to 2018, share count is actually up 2%. That's not what you like to see. Chris Hill: It's tough to pull off. Jason Moser: Yeah. Well, it's easy if you know how to issue shares. Andy Cross: Exactly. Jason Moser: But I think all in all, that does not outweigh all of the good that this company is doing. I'd love to see those repurchases ultimately bring that share count down. That'd be one thing I'll pay attention to. Chris Hill: The hits keep on coming for Procter & Gamble. Third-quarter profits and revenue came in higher than expected for the consumer products giant. Company also raised sales guidance for the full fiscal year. Andy, the pricing power that we've seen from P&G over the last year or so is starting to show up in the form of higher gross margins. Andy Cross: Well gosh, this is kind of the anti-Tesla here. They are all about pricing increases, and another boost -- they've increased prices 10% this quarter. I think that was on top of a 10% increase last quarter, and like you said Chris, throughout the year. The revenue is up about 3.5%, earnings up about 3% to $1.37. Operating margins, this continues to be a very profitable company, at 21.2% -- that's about flat from a year ago. The volume growth, not all that impressive, really. When you look across it, it is basically in fabric and home care, which is like Tide and Downy and Swiffer, down 5%, but they were up 13% in pricing. Baby and family care, which is like Luvs and Pampers down 4%, but up 8% in pricing. That's the story we saw. That increase on that, that helped really drive a lot of the gross margin growth of 150 basis points. They are spending more on marketing, Chris. Sales and marketing expenses as a percentage of sales was up 100 basis points. So here you go with Procter & Gamble: Sells at 25 times earnings, earnings growth of about 4%, you get a little 2.5% dividend yield. They generate more than $3 billion in free cash flow, [they] buy back stock, and so you have a very low volatile stock that is probably, I think, going to grow in the mid-single digits, and if that's what you're looking for, that's probably going to be fine for the Procter & Gamble story, but don't expect too many fireworks. Chris Hill: They've got to pay close attention to the pricing though, because if consumer spending starts to dip, if we fall into a recession, they've got to ratchet that back. Andy Cross: I think so, but they do have some levers on this side, Chris, and they count whether the expense management or basically, hopefully, drive volumes because the pricing now is not nearly what it was when they are increasing pricing. Chris Hill: After the break, we've got the latest in healthcare, housing, and the war on cash. Stay right here. This is Motley Fool Money. ... Chris Hill: Welcome back to Motley Fool Money. Chris Hill here in studio with Jason Moser and Andy Cross. American Express posted record revenue in the first quarter, but higher costs kept the profit line lower than Wall Street was hoping for. Andy, this is yet another quarter where we see the trend of Amex gaining popularity with millennials and Gen Z. Andy Cross: Yeah. Chris, travel and entertainment spending overall up 39%. But what was interesting from the results is millennial and Gen Z makes up 60% of all new consumer growth. And the millennial and Gen Z spending on the platform was up 28%. That was the highest-growing group of all the groups, all the cohorts that Amex tracks. Revenue's up 32%, international spending up 29%, costs up 22%, so that kept a little bit of a lid on the profit margin. They're seeing higher customer engagement and an increase on the usage of travel benefits. I know I've been using them for that personally, but that's actually starting to impact a little bit of the profit picture. The biggest news is the increased loans and card receivables -- that was up 19%. Now that was the slowest growth we've seen in five quarters. But they're starting to see more and more provisions for some of those losses as the economy starts to go into a point of a little bit more uncertainty. They continued to affirm the guidance of 15% to 17% revenue growth -- a little bit less on their earnings-per-share growth, but still pretty attractive. You're paying 15 times for a business, for a dividend yield of 1.5%, for American Express. Probably you won't get the same growth you're going to see this year. But overall, that's not a bad price for a business that buys back a lot of stock and returns a lot of cash back to shareholders. Jason Moser: Do you think that's a demonstration of the power of that brand? Like Amex is almost like an aspirational brand in some ways. So with younger generations seeing that -- I don't know, it just strikes me that maybe that's an aspirational brand. It seems to demonstrate the power that American Express has. Andy Cross: Yeah, and 70% of their new card growth was from fee-based cards. It wasn't like they're just taking a whole bunch of no-fee cards. Chris Hill: Johnson & Johnson's first-quarter profits and revenue came in higher than expected. They raised guidance for the full fiscal year and boosted the dividend, and despite all that goodness, Jason, shares of J&J still down a bit this week. Jason Moser: Now that's OK. They have a little bit of a spinoff coming up here soon, Chris. But it was a very encouraging quarter for the company. Adjusted operational sales, which is ultimately just revenue excluding currency effects, were up across all three segments. Consumer health up 11.3%, pharmaceutical up 7.2%, med-tech up 6.4%. That all translated to adjusted earnings of $2.68. If you remember, they acquired Abiomed, which closed in December. That gives the med-tech segment now 12 platforms that generate over $1 billion in sales every year. This is as steady a business as it gets. Again, management approved a 5.3% increase in the dividend. That makes it the 61st consecutive year of dividend increases, and that ensures their Dividend King status remains in place. The big question, though, does really remain in the spinoff of the consumer business, which will happen by the end of the year. That will ultimately be called Kenvue -- not really sure the impetus there -- but we can look forward to Dec. 5, where they will have an investor day where we'll get a lot more information on how these two new companies will function. Chris Hill: D.R. Horton's first-quarter profits came in higher than expected. Couple that with encouraging guidance, and shares of D.R. Horton up more than 8% this week and hitting a new all-time high. Andy Cross: It was that guidance, Chris. The net sale orders was up 73% from the first quarter. This is their fiscal second quarter, from their first quarter. The trend is continuing to be very healthy looking ahead, I guess, some very uncertain environment, even though the stock's up 44% for the past year. Homes closed was just shy of 20,000, down 1%, still very attractive in this kind of a market. Homebuilding revenue at $7.5 billion, flat to last year. Net income at $942 million. Pre-tax margin fell to 15.6% from 23.5% a year ago, driven by lower home sales margins because they've had to offer some incentives, and they've had to lower home prices on average. Lot costs are up 5%. So overall, cancellation rate up a little bit, but still within a very respectful manner. They wrote down some of their inventory and impairments, but overall, D.R. Horton continuing to get it done, and you have a stock that sells at less than 10 times earnings with a little bit of a 1% yield. So it's a pretty good stock when I look at the opportunity for a homebuilding leader. Chris Hill: This is the biggest homebuilder in America. Am I wrong to be encouraged by what that means for housing in general? Andy Cross: I think you are not wrong. I think it is encouraging when you think about the amount of home building that we need to see in this country to handle the demand, I think it's very attractive for the market, overall. The stocks have all run from their very bottom low, but still, long term, probably an attractive place to put some capital. Chris Hill: In 2020, Lululemon bought Mirror, the at-home fitness company, for $500 million -- an acquisition that has gone so badly, Lululemon has had to write down almost the entire cost. This week, multiple outlets reported that Lululemon is now looking to sell Mirror to Hydrow, a private start-up company that sells connected rowing machines. Jason, how much do you think Hydrow is willing to pay for this thing that they had to write down? Jason Moser: One of the things I love about Chris, he's just not afraid to mince words. [laughs] I mean, in the words of Ron Burgundy, "That escalated quickly." I mean, this was something that happened, I think, very quickly now. I don't know how optimistic we all were with this acquisition in the first place. It happened in a very abnormal time. In hindsight, it's not that big of a surprise seeing that they're doing this, given how the rest of the fitness home thesis has played out. I mean, we've seen Peloton with very much the same trouble. The flip side of that, we're seeing companies like Apple really doubling down on the digital fitness experience. That ultimately looks like what Lululemon is trying to do as well. This reminded me a lot of Under Armour's acquisition of MyFitnessPal and Endomondo back in the day, which they ultimately sold to an investment firm for $345 million. They acquired it for about $500 million, sold it for $345 million. It wasn't a total loss. I'm not so sure that Lululemon is going to be able to get away with this one because they've already written off close to $450 million of this deal. They're clearly a desperate seller here. It's something that doesn't really jive with their business. They're more of a desperate seller. I'd be very interested to see what they fetch for this. Chris Hill: Jason Moser, Andy Cross. Guys, we will see you a little bit later in the show, but up next, we're going to take a closer look at Apple CEO Tim Cook's trip to India with our guest Bill Mann. Stay right here. You're listening to Motley Fool Money. ... Chris Hill: Welcome back to Motley Fool Money. I'm Chris Hill. Bill Mann is the director of Small Cap Research at The Motley Fool. He joins me now. Thanks for being here. Bill Mann: Hey Chris, how're you? Chris Hill: I'm doing well, and the reason I wanted to talk with you is because it's earnings season, my favorite time of year. But one of the things I do recognize about earnings season is, particularly as we are starting to ramp it up, we get so focused -- it's easy to get focused on the companies that are reporting, particularly the larger companies here in the U.S. Because of that, we are inevitably, as investors, missing things, particularly outside the United States. You're always the first person I think of on the investing team when I want to talk about investing opportunities outside the U.S., so let's start with China for any number of reasons. But you mentioned something to me that surprised me, maybe I shouldn't be surprised that China has somewhat quietly become the No. 2 exporter of automobiles in the world. Bill Mann: Isn't that something? Chris Hill: You tell me, because you can look at it and say, wait a minute -- you look at the population, the manufacturing capability. On the other hand, yeah, it is surprising, particularly when we think about cars outside the United States, we think of Japan, we think of Germany. We don't necessarily think of China. Bill Mann: Yeah, in fact, Japan, Germany, and the U.S. is kind of the list in terms of car manufacturers. There's Swedish cars that we know about, and English cars, and French, but it really does seem like it is those three. It is overstating to say that it came out of nowhere. But earlier this year, Elon Musk came out and said he expected that the biggest competition that Tesla would face in electric vehicles was going to be a Chinese company. People who are in the industry have probably recognized that there is a threat coming from China, or a competitive threat. Because it's actually OK because a lot of the cars that are being exported from China, for example, are Teslas and Volkswagens and nameplates like that you would not necessarily recognize as being Chinese. But China's capacity has grown about 60% over the last year in terms of number of cars, and it had never exported more than a million cars in a year. It's just grown so quickly that I don't think that it is too much to say that it is something that snuck up on a lot of people. Chris Hill: What do you think that means in terms of messaging from automakers like Ford and General Motors? "Made in America" is a tagline that works for a lot of businesses. You made the point about Tesla and Volkswagen -- a U.S. automaker and a German automaker producing cars in China. Do you think that's going to matter in the automotive business here in the U.S.? Do you think where the vehicle originated is going to matter? Bill Mann: I would have to say that it probably doesn't. You don't really know. I mean, it's clear to you, they will tell you on the manufacturer statement. But if you buy a BMW in this country, it is not abundantly clear whether it has been built in the U.S. or in Germany or even in a third country. I'm not sure that it matters all that much. The thing that's interesting about the Chinese manufacturing push that we've seen is that it has also come in a period of time in which for the first time, I don't know, let's call it in a century, that the type of manufacturing -- because of the type of fuel stock that's being used -- has shifted. China has had car manufacturers for a bunch of years. But what they have not been able to really get past was the fact that they didn't have a whole lot of credibility in internal combustion engine automobiles. But since everything seems to be moving to electric vehicles, and the majority of their exports are in EVs, that there isn't really a country that they are competing with anymore. You don't have an enormous amount of German EV credibility. You don't have a whole lot of U.S.-based credibility except for this massive thing called Tesla, which is not to say that the manufacturers aren't doing it and that they aren't good at it. But it's not what they're known for. So China in some respects is coming into a little bit of a vacuum for the first time in this industry in decades. Chris Hill: When you think about EVs, how concerned should people be with regard to the number of charging stations here in the United States? Because you hear anecdotally, "Well, it's a lot easier to fill up your car with gas than it is to charge your car from 5% all the way up to 100%," that sort of thing. It doesn't seem to be problematic now. But doesn't the number of charging stations have to keep pace with the number of EVs that are on the road, because at the moment that does not appear to be the case? Bill Mann: No, we haven't hit a point in time in which you have a huge amount of stress. Now, it bears reminding that several companies, primarily Tesla, have their own charging network, and that goes back to a point in time when EVs were first really coming out onto the road in a large way, and Tesla had offered to share its technology and the other even potential manufacturers said no. That's why there [are] in this country, networks that are kind of overlapping each other. Rivian is in the process of building its own charging network. It kind of depends on what you mean. For long-haul driving -- which is for most people in individual passenger cars a minority of what they do -- yeah, there is going to come a period of time in which a network will have to continue to grow, and there are going to be all sorts of transmission and distribution challenges that come to the utilities. But it bears remembering that with electric vehicles, unlike I.C.E.s, you can actually refuel them at home. So in a lot of ways, the network that is required is entirely different from the network of gas stations that were required out there, because I don't know if you know anybody who has a gas station at their house. I don't. Chris Hill: I don't, but now I'm thinking that might be a nice little feature. Bill Mann: [laughs] It turns out, you might not know this though, Chris, that the stuff that auto fuel is made from is a little bit flammable, so there are other considerations besides this might be nice. Chris Hill: That's a good tip. Let's move on to Apple because this week, Apple opened a store in Mumbai. It is the company's first store in India. CEO Tim Cook was there, also meeting with the prime minister. Let's start with the opportunity for Apple. Because at the moment, when you look at the smartphone market in India, Apple has less than 5% of the market share. I saw one analyst compared the opportunity for Apple today in India to the opportunity they had 15, 20 years ago in China. Do you think that's a reasonable comparison? Bill Mann: It's a little bit different because when they were going into China, it wasn't like they were going into a market in which smartphones already existed. So you're talking about an industry -- or a market, I should say -- in which they will have to displace existing smartphone manufacturers. Now, Apple is really, really good at doing that, and one of the things that it bears remembering about India is that it is 1.4 billion people, but it's got a middle class, by some estimates, of 300 million people, which is essentially the size of the United States. So we tend to think of India as being a developing economy, and it very much is. It has a massive, massive amount of people who have disposable income, so for whom the ticket price of an iPhone is not going to necessarily be something that they would not be willing to do. Chris Hill: Part of this is marketing. Part of this is also manufacturing as Apple has increasingly made moves to diversify its manufacturing base, and Cook has made no real secret about the fact that he's looking to take some of what they have been doing in China for a long time and move it to India. What is a reasonable expectation for investors in terms of the timeline for making that happen, and what, if anything, it does to move the already impressive profitability needle at Apple? Bill Mann: I don't think that there's any accident that Tim Cook also recently went to China, and he did it in a very visible way -- met with leaders, and he was given an incredibly warm welcome when he came to China. Apple to date has moved very little of its manufacturing out of China, and you might ask why it is that a company would be so careful. Because when they look at China, it is in a lot of ways, as we learned during the pandemic, a risk, because it became a single point of failure for them. But it's not like that logistics network and the supply network can just be lift-repeated into India right away, and if they manage to make the Chinese angry in the process, that's not good news either, because China does have the capacity to really, really mess with Apple. It's not like China is threatening Apple right now. They have a very good relationship with the company. I would not expect Apple in any way to get out of China. I think when people think that, they are not really thinking through the actual advantages of manufacturing in China. Might be that the needle that he is trying to thread is to say, "We need to have some of this manufacturing elsewhere, so it's not this or that, it's this and that," so that's why I think the China visit and the India visit were so closely tied together. Chris Hill: Last thing and then I'll let you go. We've talked about India, we've talked about China. What's a really under-the-radar country that has gotten your attention over the last few weeks in terms of investment opportunities, whether it's an entire industry or just you found this little company in some little corner of the world? Bill Mann: For me, it's hard, because when I talk about Brazil, one of the quips about Brazil is that it's the country of the future and it always will be. But Brazil has a couple of things going for it. The one thing that it has is it has incredibly sophisticated, incredibly healthy mining companies, and when you see a lot of people talking about zero emissions and a lot of the development that's going to have to happen, it's going to come with a huge amount of demands on mining companies and natural resource companies, and so I think people are underestimating just how powerful a position that Brazil is in right now. Chris Hill: This is why I always love talking to him. Bill Mann, thanks so much for being here. Bill Mann: Hey, thanks, Chris. Chris Hill: Up next, Jason Moser and Andy Cross return with a couple of stocks on their radar. Stay right here. You're listening to Motley Fool Money. ... Chris Hill: As always, people on the program may have interests 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. Welcome back to Motley Fool Money. Chris Hill here in studio once again with Jason Moser and Andy Cross. Guys, if you've been to the grocery store lately and you've wandered down the snack aisle or the breakfast cereal aisle, you might have noticed some of the offerings are getting smaller -- not the boxes, Jason, the food. Over the past few months, General Mills, Hostess Brands, and Pepsi's Frito-Lay division have been rolling out mini-versions of breakfast cereals, Twinkies, and Doritos, and it appears to be resonating with at least some consumers. One company executive was quoted in The Wall Street Journal as saying: "It's about the 'back seat of the minivan' test. If you're handing something back in the car seat, you want it eaten. You don't want it smeared and everywhere else." Andy, I think we can all associate with this. I like this move, I like that they're trying new things. Andy Cross: I can definitely empathize with that quote. I first really saw this when Oreo cookies came out with thinner versions of their cookies, and I was like, "This was made for me because now I can eat like a pack of it, but not feel like I'm all that guilty." Chris, you are seeing it. It's like the opposite of the supersized days. They're just continuing to shrink, not just the packaging and what's in the package, but actually the physical look and feel of the things that we're buying. So hey, it's a margin game, and they're playing the margin game. Jason Moser: Yeah, it's a little weird to me that it took this long. I mean, clearly, the candy companies nailed this way back when with Halloween candy. I mean, Crystal nailed that with their little burgers. I mean, better late than never. I will say while I am very fascinated, I got to believe those little mini Cinnamon Toast Crunches are just sublime. I don't feel the same way in regard to Doritos, man. I mean, I just feel like the Doritos could be messier, but maybe that's just me. Chris Hill: To bring it back to the margin game, I will just point it out: Shares of Pepsi, General Mills, and Hostess Brands -- all three of those over the past year are outpacing the S&P 500 by more than 10 percentage points. I'm just saying it's not a coincidence. Jason Moser: Size is innovation. Chris Hill: Let's get to the stocks on our radar. Our man behind the glass, Dan Boyd, is going to hit you with a question. Andy, you're up first. What are you looking at this week? Andy Cross: Guys, I'm looking at Tractor Supply, symbol TSCO. Listen, I'm a fan of the hit show Yellowstone, which should be back this summer. I've just finished up season 5, and I'm putting on my rancher cowboy hat to look at Tractor Supply. Tractor Supply commonly calls itself the largest rural retailer in the U.S. targeting the needs of recreational farmers, ranchers, and all those who enjoy the rural lifestyle. It's a $27.3 billion company founded more than 85 years ago, operates more than 2,000 stores across 49 states. Most of those stores are in rural locations, and they have done just a fabulous job speaking to a lot of people who have fled the cities and moved to the rural country or outside the cities to get a different environment. They work remotely and they can embrace their rancher or embrace their farmer. They've been remodeling a lot of their stores under Project Fusion, which brings more of a contemporary and convenient experience to include more digital tools and an improved layout. They're building out a distribution network with three new distribution centers announced on top of the nine they already have in operation. They've grown for 30 consecutive years, so when I look at Tractor Supply, I think it's really interesting, attractive. The stock is a little bit pricey at 24 times 2023 estimates, but you get a little 1.6% dividend yield with it. Chris Hill: Dan, question about Tractor Supply? Dan Boyd: Absolutely, Chris. Andy, do you think Tractor Supply is ever going to rebrand? Because honestly, I was confused when I learned that Tractor Supply doesn't actually sell tractors, and it's more of a standard retail and almost lifestyle brand at this point. Do you think a rebranding is in their future? Andy Cross: No, I do not think it's in the future. Chris Hill: Jason Moser, what's on your radar? Jason Moser: Paying attention to Amazon, ticker AMZN. They have earnings coming out this coming Thursday. Stock has had a strong start to the year, up around 25%. There's obviously been a lot of talk here lately as to whether Andy Jassy is really up for the task. Should we expect to see Jeff Bezos stepping back in? I think that's highly unlikely, and frankly, Jassy is cleaning up some of the mess that happened under Bezos' watch. But I think we're going to see a big focus on cost controls here in the call. And to put some context around that, they doubled their fulfillment center footprint that they built over the prior 25 years, and then they had to accelerate building the last-mile transportation network that's now the size of UPS. And if you look at the fulfillment costs, fulfillment was 16.8% of total operating expenses in 2022. You go back to 2017 and that number was just 14.5%, so I think that cost controls will be a big theme of the call. Chris Hill: Dan, question about Amazon? Dan Boyd: Not really a question, Chris. It's more of a comment. Jason Moser, breaking new ground with a little-known company, Amazon.com, here on Motley Fool Money. Jason Moser: You know, I love Dan's comments. The questions, they can sometimes come out of left field. The comments are always entertaining. That's why we love you, Dan. Chris Hill: What do you want to add to your watch list, Dan? Dan Boyd: Oh, I love you too, Jason. I think I'm going to go Tractor Supply, though because again, Amazon, a little bit of a household name at this point. Chris Hill: Andy Cross, Jason Moser -- guys, thanks for being here. Jason Moser: Thanks, Chris. Chris Hill: That's going to do it for this week's Motley Fool Money radio show. The show is mixed by Dan Boyd. I'm Chris Hill. Thanks for listening. We'll see you next time. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. American Express is an advertising partner of The Ascent, a Motley Fool company. Andy Cross has positions in Johnson & Johnson, Netflix, PepsiCo, Tesla, and Under Armour. Bill Mann has no position in any of the stocks mentioned. Chris Hill has positions in Amazon.com, Apple, Johnson & Johnson, PepsiCo, and Under Armour. Dan Boyd has positions in Amazon.com. Jason Moser has positions in Amazon.com, Apple, and Under Armour. The Motley Fool has positions in and recommends Amazon.com, Apple, Intuitive Surgical, Lululemon Athletica, Netflix, Peloton Interactive, Tesla, Under Armour, and Volkswagen Ag. The Motley Fool recommends General Motors, Johnson & Johnson, and Tractor Supply 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.	Also, Motley Fool senior analyst Bill Mann discusses China's rise as an automotive exporter, Apple's growing presence in India, and why he's keeping an eye on mining companies in Brazil. Over the past few months, General Mills, Hostess Brands, and Pepsi's Frito-Lay division have been rolling out mini-versions of breakfast cereals, Twinkies, and Doritos, and it appears to be resonating with at least some consumers. The Motley Fool has positions in and recommends Amazon.com, Apple, Intuitive Surgical, Lululemon Athletica, Netflix, Peloton Interactive, Tesla, Under Armour, and Volkswagen Ag.	In this Motley Fool Money podcast, Motley Fool Chief Investment Officer Andy Cross and senior analyst Jason Moser discuss: Tesla's challenge with margin pressure. Also, Motley Fool senior analyst Bill Mann discusses China's rise as an automotive exporter, Apple's growing presence in India, and why he's keeping an eye on mining companies in Brazil. The Motley Fool recommends General Motors, Johnson & Johnson, and Tractor Supply and recommends the following options: long January 2025 $25 calls on General Motors.	Chris Hill: Up next, Jason Moser and Andy Cross return with a couple of stocks on their radar. ... Chris Hill: As always, people on the program may have interests 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. Chris Hill: To bring it back to the margin game, I will just point it out: Shares of Pepsi, General Mills, and Hostess Brands -- all three of those over the past year are outpacing the S&P 500 by more than 10 percentage points.	I think one thing to keep an eye on with this company -- I'm going to ding them a little bit here, A.C. -- we like to see companies buying back their shares because they feel like there's value there. You don't have a whole lot of U.S.-based credibility except for this massive thing called Tesla, which is not to say that the manufacturers aren't doing it and that they aren't good at it. Chris Hill: Last thing and then I'll let you go.
16203.0	2023-04-24 00:00:00 UTC	Seeking Long-Term Growth? Look to India with This ETF	AAPL	https://www.nasdaq.com/articles/seeking-long-term-growth-look-to-india-with-this-etf	nan	nan	For investors in search of long-term growth, India is a compelling starting point, and the iShares MSCI India ETF (BATS:INDA) is a great way to tap into this massive market’s potential. Here's a breakdown of INDA and why India is becoming increasingly attractive from an investment perspective. Apple of the Eye Apple (NASDAQ:AAPL) CEO Tim Cook visited India recently, and the trip generated quite a bit of buzz not only for Apple but also for India itself. Apple recently opened its first two retail stores in India, and according to India’s deputy minister for information technology, Rajeev Chandrasekhar, Apple’s investment in the country will double or triple in the years to come. Apple is also shifting more production to India, leading JPMorgan (NYSE:JPM) to forecast that Apple could move a quarter of its iPhone production to India by 2025. An Emerging Powerhouse It’s easy to see why Apple is making a concerted effort to gain a stronger foothold in India. While China has long been the world’s most populous country, the U.N. forecasts that India’s population will surpass China’s by the middle of this year. Not only will India have the world’s largest population, but its population is also greater than all of Europe combined and all of the Americas combined. India is also the world’s largest democracy. Perhaps most importantly, from an investment perspective, people under the age of 25 account for a staggering 40% of India’s population, according to Pew Research. India has the world’s largest population of people between 15 and 24 years old, and this is the demographic that will drive long-term growth, consumption, and productivity as they have the majority of their working lives ahead of them. This stands in contrast to China and many Western countries, where the population is aging and there aren’t as many young people to support the aging population or replenish the workforce, which could lead to future economic challenges. For comparison, the median age in India is just 28, whereas the median ages in the United States and China are 38 and 39, respectively. Over time, more of these younger Indians should enter the global middle class, which will increase demand and further propel the country’s economy. Notably, the Asian Development Bank expects India's GDP to grow by 6.4% in 2023 and 6.7% in 2024. For perspective, this is more than double the GDP growth that many economists expect for the U.S. in 2023. India’s growing population, demographic changes, and growing stature as an economic hub could help it to solidify its standing as an economic powerhouse in the decades to come, making it an attractive area for long-term investments. If you don’t have boots-on-the-ground knowledge of the Indian market (or a local brokerage account), investing in an India ETF like the iShares MSCI India ETF is an easy and convenient way to add this long-term growth potential to your portfolio. Gaining Momentum INDA is a $4.6 billion ETF from BlackRock's (NYSE:BLK) iShares that invests in large and mid-cap Indian equities. The ETF has an expense ratio of 0.64%, which is more expensive than the typical S&P 500 (SPX) or broad market ETF but isn't out of line with other international ETFs. INDA has put together a strong track record in recent times, with a 20% annualized return over the past three years as of the end of the most recent quarter. This edges out the three-year annualized 18.4% return of the SPDR S&P 500 ETF (NYSEARCA:SPY) over the same time frame. While INDA stock has underperformed SPY over a five and 10-year time horizon (with annualized returns of 5% and 6% for INDA over five and 10 years versus 11% and 12.1% returns for SPY over the same time frames), its momentum clearly appears to be building over the past three years. I would expect it to continue to sustain its momentum based on the demographic and economic trends discussed above. Using the chart below from TipRanks' ETF Comparison Tool, you can see the performance of INDA versus SPY over the last three years. INDA's Holdings INDA holds 115 positions, and its top 10 holdings make up 45.6% of the fund. Reliance Industries accounts for over 10% of assets by itself, so INDA has significant exposure to India's largest company. Below, you'll find an overview of INDA's top 10 holdings using TipRanks' holdings tool. The iShares MSCI India ETF is also relatively well-diversified across sectors. Financials are the most prevalent sector here, with a 26.25% weighting. Information technology has the second-largest weighting at 13.9%, followed by energy (12.35%) and consumer staples and consumer discretionary, both at 10%. No other sectors account for more than a 10% weighting. Many of these stocks don't have listings in the United States, making them inaccessible to U.S. investors that want to buy them in their brokerage accounts. Therefore, investing through an accessible and liquid ETF like INDA is likely the best way for most U.S. investors to gain exposure to these stocks. One Cause for Concern While the overall picture for India and its economic growth looks promising, there is one cause for concern worth discussing here. While part of the appeal of emerging market stocks is usually that they are cheap, especially in comparison with U.S. stocks, this isn't really the case with India. In fact, the average price-to-earnings multiple for INDA's holdings is 22.3. This is right about in line with U.S. stocks -- the S&P 500 currently sports an average P/E multiple of 23.9. While this valuation isn't egregious by any means, you're not getting the type of discount that you usually would in emerging markets that you might expect without looking beneath the surface. For reference, the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) has a significantly lower average P/E multiple of 11.2 (as of March 31). While I still think INDA looks compelling based on India's long-term growth characteristics, this higher valuation gives investors less margin for error. Looking Ahead The iShares MSCI India ETF has been gaining momentum over the past several years, and with India's favorable demographics and growing population, the country's economic growth could just be getting started. While the overall valuations of the holdings are not cheap, presenting some risk, over the next decade or so, it's hard to imagine the market's growth not winning out. INDA offers investors a convenient and direct way to tap into this growth story, making it an attractive ETF for long-term growth investors. 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 of the Eye Apple (NASDAQ:AAPL) CEO Tim Cook visited India recently, and the trip generated quite a bit of buzz not only for Apple but also for India itself. India has the world’s largest population of people between 15 and 24 years old, and this is the demographic that will drive long-term growth, consumption, and productivity as they have the majority of their working lives ahead of them. Gaining Momentum INDA is a $4.6 billion ETF from BlackRock's (NYSE:BLK) iShares that invests in large and mid-cap Indian equities.	Apple of the Eye Apple (NASDAQ:AAPL) CEO Tim Cook visited India recently, and the trip generated quite a bit of buzz not only for Apple but also for India itself. If you don’t have boots-on-the-ground knowledge of the Indian market (or a local brokerage account), investing in an India ETF like the iShares MSCI India ETF is an easy and convenient way to add this long-term growth potential to your portfolio. For reference, the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) has a significantly lower average P/E multiple of 11.2 (as of March 31).	Apple of the Eye Apple (NASDAQ:AAPL) CEO Tim Cook visited India recently, and the trip generated quite a bit of buzz not only for Apple but also for India itself. For investors in search of long-term growth, India is a compelling starting point, and the iShares MSCI India ETF (BATS:INDA) is a great way to tap into this massive market’s potential. If you don’t have boots-on-the-ground knowledge of the Indian market (or a local brokerage account), investing in an India ETF like the iShares MSCI India ETF is an easy and convenient way to add this long-term growth potential to your portfolio.	Apple of the Eye Apple (NASDAQ:AAPL) CEO Tim Cook visited India recently, and the trip generated quite a bit of buzz not only for Apple but also for India itself. Apple recently opened its first two retail stores in India, and according to India’s deputy minister for information technology, Rajeev Chandrasekhar, Apple’s investment in the country will double or triple in the years to come. For reference, the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) has a significantly lower average P/E multiple of 11.2 (as of March 31).
16204.0	2023-04-24 00:00:00 UTC	U.S. appeals court upholds lower court order forcing Apple to allow third-party App Store payments	AAPL	https://www.nasdaq.com/articles/u.s.-appeals-court-upholds-lower-court-order-forcing-apple-to-allow-third-party-app-0	nan	nan	By Stephen Nellis April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. Apple shares were down 0.16% to $164.75 after the ruling. Apple and Epic did not immediately return a request for comment. (Reporting by Stephen Nellis; Editing by Chris Reese and Jonathan Oatis) ((Stephen.Nellis@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 Stephen Nellis April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis; Editing by Chris Reese and Jonathan Oatis) ((Stephen.Nellis@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 Stephen Nellis April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis; Editing by Chris Reese and Jonathan Oatis) ((Stephen.Nellis@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 Stephen Nellis April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis; Editing by Chris Reese and Jonathan Oatis) ((Stephen.Nellis@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 Stephen Nellis April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. Apple shares were down 0.16% to $164.75 after the ruling.
16205.0	2023-04-24 00:00:00 UTC	U.S. appeals court upholds lower court order forcing Apple to allow third-party App Store payments	AAPL	https://www.nasdaq.com/articles/u.s.-appeals-court-upholds-lower-court-order-forcing-apple-to-allow-third-party-app-store	nan	nan	April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis Editing by Chris Reese) ((Stephen.Nellis@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.	April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis Editing by Chris Reese) ((Stephen.Nellis@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.	April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis Editing by Chris Reese) ((Stephen.Nellis@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.	April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis Editing by Chris Reese) ((Stephen.Nellis@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.	April 24 (Reuters) - A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc AAPL.O to change payment practices in its App Store. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and thereby avoid paying sales commissions to the iPhone maker. (Reporting by Stephen Nellis Editing by Chris Reese) ((Stephen.Nellis@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.
16206.0	2023-04-24 00:00:00 UTC	Apple (AAPL) Outpaces Stock Market Gains: What You Should Know	AAPL	https://www.nasdaq.com/articles/apple-aapl-outpaces-stock-market-gains%3A-what-you-should-know-12	nan	nan	Apple (AAPL) closed at $165.35 in the latest trading session, marking a +0.2% move from the prior day. This change outpaced the S&P 500's 0.09% gain on the day. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 4.87%. Prior to today's trading, shares of the maker of iPhones, iPads and other products had gained 2.98% over the past month. This has outpaced the Computer and Technology sector's gain of 0.98% and lagged the S&P 500's gain of 3.31% in that time. Wall Street will be looking for positivity from Apple as it approaches its next earnings report date. This is expected to be May 4, 2023. The company is expected to report EPS of $1.44, down 5.26% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $93.32 billion, down 4.06% from the prior-year quarter. For the full year, our Zacks Consensus Estimates are projecting earnings of $6.01 per share and revenue of $388.14 billion, which would represent changes of -1.64% and -1.57%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Apple. These revisions help to show the ever-changing nature of 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. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.47% lower. Apple is holding a Zacks Rank of #3 (Hold) right now. Valuation is also important, so investors should note that Apple has a Forward P/E ratio of 27.44 right now. Its industry sports an average Forward P/E of 8.91, so we one might conclude that Apple is trading at a premium comparatively. We can also see that AAPL currently has a PEG ratio of 2.19. 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 industry currently had an average PEG ratio of 2.73 as of yesterday's close. The Computer - Mini computers industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% of all 250+ industries. The Zacks Industry Rank gauges the strength of our 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. You can find more information on all of these metrics, and much more, on Zacks.com. 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 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.	Apple (AAPL) closed at $165.35 in the latest trading session, marking a +0.2% move from the prior day. We can also see that AAPL currently has a PEG ratio of 2.19. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Apple (AAPL) closed at $165.35 in the latest trading session, marking a +0.2% move from the prior day. We can also see that AAPL currently has a PEG ratio of 2.19.	Apple (AAPL) closed at $165.35 in the latest trading session, marking a +0.2% move from the prior day. We can also see that AAPL currently has a PEG ratio of 2.19. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.	Apple (AAPL) closed at $165.35 in the latest trading session, marking a +0.2% move from the prior day. We can also see that AAPL currently has a PEG ratio of 2.19. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.
16207.0	2023-04-24 00:00:00 UTC	India's Tamil Nadu puts bill extending factory working hours on hold	AAPL	https://www.nasdaq.com/articles/indias-tamil-nadu-puts-bill-extending-factory-working-hours-on-hold	nan	nan	Adds details on bill, background CHENNAI, April 24 (Reuters) - India's southern Tamil Nadu state has put on hold a bill that would allow a 12-hour workday at factories after talks with labour unions who oppose the plan, a statement from the government said on Monday. Several labour unions including the All India Trade Union Congress and Centre of Indian Trade Unions had opposed the bill and were planning a one-day strike affecting workers from tens of factories next month. The Tamil Nadu government passed the bill last week but it has yet to become law. At the time, it said those working 12 hours for four straight days would get three paid days off each week. But several workers raised concerns over proper implementation of the rule at factories. "The government passed the bill aiming to attract big investments and increase employment opportunities for youngsters," said a statement from M.K. Stalin, the state's chief minister, on Monday. A group of ministers at a Monday meeting told union representatives the state would not compromise on workers' welfare and that the extended working hours would apply only to certain types of factories approved by the government, the statement said. The move was expected to boost industrial production in the state, which has attracted billions of dollars in investments from companies hoping to diversify their supply chain away from China, including Apple suppliers Foxconn and Pegatron as well as Nike shoemaker Pou Chen. "The state government has only put the bill on hold, but it needs to withdraw the bill as there is a chance it looks to bring it back. We are going to hold our ground," said K. Bharathi, an activist with the Left Trade Union Centre. (Reporting by Praveen Paramasivam in Chennai and Munsif Vengattil; Editing by Devika Syamnath and Deepa Babington) ((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	"The government passed the bill aiming to attract big investments and increase employment opportunities for youngsters," said a statement from M.K. A group of ministers at a Monday meeting told union representatives the state would not compromise on workers' welfare and that the extended working hours would apply only to certain types of factories approved by the government, the statement said. The move was expected to boost industrial production in the state, which has attracted billions of dollars in investments from companies hoping to diversify their supply chain away from China, including Apple suppliers Foxconn and Pegatron as well as Nike shoemaker Pou Chen.	Adds details on bill, background CHENNAI, April 24 (Reuters) - India's southern Tamil Nadu state has put on hold a bill that would allow a 12-hour workday at factories after talks with labour unions who oppose the plan, a statement from the government said on Monday. Several labour unions including the All India Trade Union Congress and Centre of Indian Trade Unions had opposed the bill and were planning a one-day strike affecting workers from tens of factories next month. The Tamil Nadu government passed the bill last week but it has yet to become law.	Adds details on bill, background CHENNAI, April 24 (Reuters) - India's southern Tamil Nadu state has put on hold a bill that would allow a 12-hour workday at factories after talks with labour unions who oppose the plan, a statement from the government said on Monday. Several labour unions including the All India Trade Union Congress and Centre of Indian Trade Unions had opposed the bill and were planning a one-day strike affecting workers from tens of factories next month. A group of ministers at a Monday meeting told union representatives the state would not compromise on workers' welfare and that the extended working hours would apply only to certain types of factories approved by the government, the statement said.	Adds details on bill, background CHENNAI, April 24 (Reuters) - India's southern Tamil Nadu state has put on hold a bill that would allow a 12-hour workday at factories after talks with labour unions who oppose the plan, a statement from the government said on Monday. The Tamil Nadu government passed the bill last week but it has yet to become law. A group of ministers at a Monday meeting told union representatives the state would not compromise on workers' welfare and that the extended working hours would apply only to certain types of factories approved by the government, the statement said.
16208.0	2023-04-24 00:00:00 UTC	Tesla Borrows a Page From Apple's Playbook. Genius Move or Red Flag?	AAPL	https://www.nasdaq.com/articles/tesla-borrows-a-page-from-apples-playbook.-genius-move-or-red-flag	nan	nan	There's been no shortage of comparisons between Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) over the years, and it's easy to see why. Both companies are cutting-edge consumer brands that have historically had cult-like followings. Both have succeeded in toeing the line between luxury and mass-market brands, and they've leveraged that positioning to become two of the most valuable companies in the world. There was even a time when there were rumors that Apple could acquire Tesla, and Elon Musk seems to be the visionary heir in the public eye to Apple's co-founder and longtime CEO Steve Jobs. Of course, the two companies compete in much different industries, but Tesla now seems ready to borrow a cornerstone of Apple's strategy. In the electric vehicle (EV) maker's first-quarter earnings report, the company reflected on its recent price cuts, saying: "Our near-term pricing strategy considers a long-term view on per vehicle profitability given the potential lifetime value of a Tesla vehicle through autonomy, supercharging, connectivity and service. We expect that our product pricing will continue to evolve, upwards or downwards, depending on a number of factors." If that strategy reminds you of another tech titan, there's a good reason for that. The iPhone maker has also pivoted from a product-first company to leaning more on services over the years, which is a major reason for its success. Image source: Tesla. All about services Apple regularly touts its installed base of devices on its earnings calls, which has now passed 2 billion. That turn of phrase shows the company doesn't just think of products it sells as one-time transactions, but as instruments to entrench customer relationships through services. In Apple's case, this includes its App Store, Apple Pay, Apple Care, Apple Music, and even the Apple Card, which now offers a 4.15% interest rate. Companies like Apple emphasize services because they tend to offer higher margins than products, and they also strengthen their economic moat. In the case of Apple, once a customer buys one Apple device, say an iPhone, it's in their interest to buy others since they're more compatible when used together, and they allow the customer to use Apple's services on all of their devices. If you've paid for Apple Music, for example, you can enjoy it on an iPhone and iPad and a Mac if you own those devices. Can Tesla pull it off? In the statement above, Tesla is essentially saying it expects margins from car sales to narrow, but it plans to replace those profits through services like autonomy, supercharging, connectivity, and service. The recent numbers show why Tesla may be looking to pivot. As you can see from the chart below, margins are down significantly year over year in all key categories with gross profit, operating income, and net income all falling by double digits. According to classical economic theory, this is what's supposed to happen as an industry matures and the first-mover faces competition. Margins come down, and the leader naturally looks for another way to build its competitive advantage. However, Tesla doesn't have the same product diversification that Apple has, and as a carmaker, it doesn't have the same group of complementary devices that a company like Apple does. That makes it more difficult for it to implement the services strategy, but Tesla is trying to do that around electrification. You can see from the chart above that the company is building revenue streams with services like energy generation and storage and vehicle services like maintenance and repair, posting strong growth in both categories. Investors should be aware that the energy generation and storage segment is separate from vehicles, made up of products like its Powerwall, MegaPack, and Solar Roofs, but the company's long-term goal is to use its solar products to power its superchargers and residential homes, including those of Tesla drivers. Based on the numbers above and the stock market reaction, investors seem skeptical of the strategic pivot, but EVs are still a fast-growing market and it makes sense for the company to pursue market share for long-term gain rather than short-term profits. Matching Apple's success won't be easy, however, and the price drops mean that Tesla investors will likely have to stomach lower profits for the next couple of years while they wait for services and new products to pick up the slack. That should put the brakes on Tesla stock for now. Find out why Tesla 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. Tesla 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 April 10, 2023 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Tesla. 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.	There's been no shortage of comparisons between Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) over the years, and it's easy to see why. That turn of phrase shows the company doesn't just think of products it sells as one-time transactions, but as instruments to entrench customer relationships through services. Companies like Apple emphasize services because they tend to offer higher margins than products, and they also strengthen their economic moat.	There's been no shortage of comparisons between Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) over the years, and it's easy to see why. In the electric vehicle (EV) maker's first-quarter earnings report, the company reflected on its recent price cuts, saying: "Our near-term pricing strategy considers a long-term view on per vehicle profitability given the potential lifetime value of a Tesla vehicle through autonomy, supercharging, connectivity and service. In Apple's case, this includes its App Store, Apple Pay, Apple Care, Apple Music, and even the Apple Card, which now offers a 4.15% interest rate.	There's been no shortage of comparisons between Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) over the years, and it's easy to see why. In the electric vehicle (EV) maker's first-quarter earnings report, the company reflected on its recent price cuts, saying: "Our near-term pricing strategy considers a long-term view on per vehicle profitability given the potential lifetime value of a Tesla vehicle through autonomy, supercharging, connectivity and service. In Apple's case, this includes its App Store, Apple Pay, Apple Care, Apple Music, and even the Apple Card, which now offers a 4.15% interest rate.	There's been no shortage of comparisons between Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) over the years, and it's easy to see why. In the electric vehicle (EV) maker's first-quarter earnings report, the company reflected on its recent price cuts, saying: "Our near-term pricing strategy considers a long-term view on per vehicle profitability given the potential lifetime value of a Tesla vehicle through autonomy, supercharging, connectivity and service. In Apple's case, this includes its App Store, Apple Pay, Apple Care, Apple Music, and even the Apple Card, which now offers a 4.15% interest rate.
16209.0	2023-04-24 00:00:00 UTC	PREVIEW-Tech companies to highlight AI in earnings; investors focus on profits	AAPL	https://www.nasdaq.com/articles/preview-tech-companies-to-highlight-ai-in-earnings-investors-focus-on-profits	nan	nan	By Nivedita Balu and Tiyashi Datta April 24 (Reuters) - U.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction. Microsoft Corp MSFT.O and Google parent Alphabet Inc GOOGL.O kick off earnings for the companies on Tuesday, with Instagram owner Meta Platforms Inc META.O and Amazon.com Inc AMZN.O set to report later in the week. Together, they command more than $5 trillion in market capitalization, or more than 14% of the value of the S&P 500 .SPX index. Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. From a year earlier, profit is expected to slump nearly 16%, on average, with Microsoft expected to perform the least poorly with a 0.5% slip. These three companies, along with Amazon, said between November and March they would slash 70,000 jobs in a rapidly weakening economy, following a pandemic-led hiring boom. Meta has announced two rounds of layoffs. Amazon.com Inc AMZN.O, which reported a big drop in fourth-quarter profit due to valuation losses because of its investment in money-losing EV maker Rivian Automotive RIVN.O, is set to post a first-quarter profit that is expected to increase eight times, when compared with the immediately previous quarter. According to research firm YipitData, Amazon's North America sales are set to beat Wall Street estimates in the first quarter. The companies are likely to give updates on their AI efforts, a trend noticeable since last quarter when chief executives packed earnings calls with mentions of the technology. "If last quarter's message from Big Tech was all about efficiency and bottom line improvement, this quarter's message is likely to be more forward-looking around the massive potential of artificial intelligence," Andrew Lipsman, analyst at Insider Intelligence, said. Microsoft has integrated OpenAI's ChatGPT technology into its search engine Bing, pitting it against market leader Google. Google has begun the public release of its chatbot Bard. Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots backed by AI, and Meta has published an AI model that can pick out individual objects from within an image. "It's sort of a double-edged sword because there is also pressure for these companies to improve cash flow in an economy that is decelerating," Itau BBA analyst Thiago Kapulskis said. "There are expectations that companies could create or do even more with AI ... every tech investor is expecting those companies to be in the frontier." The cloud businesses of Amazon, Google and Microsoft were also more stable than expected, analysts said. Microsoft and Alphabet stocks have both risen around 20% so far this year. Apple and Amazon are up 26% and 25%, respectively. Meta shares have gained nearly 76%. The largest company in the world, Apple, which is scheduled to report earnings on May 4, is dealing with slowing demand for iPhones and MacBooks as consumers curb spending. Big Tech stocks since last six monthshttps://tmsnrt.rs/40sJlr2 Big Tech profit growth over last eight quartershttps://tmsnrt.rs/3mM53su Big Tech profit growth over the last eight quartershttps://tmsnrt.rs/40s6lqn (Reporting by Nivedita Balu and Tiyashi Datta in Bengaluru; Editing by Sayantani Ghosh and Shounak Dasgupta) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	By Nivedita Balu and Tiyashi Datta April 24 (Reuters) - U.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction. Microsoft Corp MSFT.O and Google parent Alphabet Inc GOOGL.O kick off earnings for the companies on Tuesday, with Instagram owner Meta Platforms Inc META.O and Amazon.com Inc AMZN.O set to report later in the week. The companies are likely to give updates on their AI efforts, a trend noticeable since last quarter when chief executives packed earnings calls with mentions of the technology.	Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. "If last quarter's message from Big Tech was all about efficiency and bottom line improvement, this quarter's message is likely to be more forward-looking around the massive potential of artificial intelligence," Andrew Lipsman, analyst at Insider Intelligence, said. Big Tech stocks since last six monthshttps://tmsnrt.rs/40sJlr2 Big Tech profit growth over last eight quartershttps://tmsnrt.rs/3mM53su Big Tech profit growth over the last eight quartershttps://tmsnrt.rs/40s6lqn (Reporting by Nivedita Balu and Tiyashi Datta in Bengaluru; Editing by Sayantani Ghosh and Shounak Dasgupta) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots backed by AI, and Meta has published an AI model that can pick out individual objects from within an image. Big Tech stocks since last six monthshttps://tmsnrt.rs/40sJlr2 Big Tech profit growth over last eight quartershttps://tmsnrt.rs/3mM53su Big Tech profit growth over the last eight quartershttps://tmsnrt.rs/40s6lqn (Reporting by Nivedita Balu and Tiyashi Datta in Bengaluru; Editing by Sayantani Ghosh and Shounak Dasgupta) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots backed by AI, and Meta has published an AI model that can pick out individual objects from within an image. "There are expectations that companies could create or do even more with AI ... every tech investor is expecting those companies to be in the frontier."
16210.0	2023-04-24 00:00:00 UTC	GLOBAL MARKETS-Stocks tread water ahead of earnings reality-check	AAPL	https://www.nasdaq.com/articles/global-markets-stocks-tread-water-ahead-of-earnings-reality-check	nan	nan	By Amanda Cooper LONDON, April 24 (Reuters) - Global shares held steady on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. The most recent data on global business activity shows a broad-based pick-up in the services sector that, in the United States at least, strengthens the case for interest rates to keep rising. S&P 500 futures ESc1 and Nasdaq futures NQc1 were down around 0.1%, while in Europe, the STOXX 600 .STOXX trod water, holding flat on the day. The MSCI All-World index .MIWD00000PUS was steady. It's still up almost 1% in April and not far off one-year highs, thanks in large part to the strength in U.S. tech stocks. Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. "Having seen off largely better-than-expected numbers from the U.S. banks last week, it’s now the turn of big Tech which has driven most of the U.S. market rebound so far this year," said Michael Hewson, chief market strategist at CMC Markets. "With the likes of Microsoft, Alphabet, Meta Platforms, and Amazon all set to report this week, the outperformance that we’ve seen in the Nasdaq 100 so far this year is likely to face a key test," he said. The U.S. House of Representatives could this week vote on a Republican plan to raise the debt ceiling in exchange for spending cuts. Weak tax receipts mean the government could run out of money earlier than expected, and, as a result, the cost of insuring against a U.S. sovereign default is at its highest in well over a decade. BOJ's NEW BOSS Markets 0#FF: are pricing in an 86% chance the Federal Reserve will increase rates by a quarter point in May, and fully expect a similar rise from the European Central Bank with some risk of a half-point move. FEDWATCH, 0#ECBWATCH Central banks in Canada and Sweden meet this week, but most attention will be on the Bank of Japan for the first meeting chaired by its new governor, Kazuo Ueda. Ueda on Monday said policy easing had to be continued since inflation was still under 2% in trend terms. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon. "The consensus expects it is too early to see any adjustments yet to the BoJ's Yield Curve Control policy - though changes may be forthcoming at the June meeting," strategists at ING said in a daily note. Meanwhile, the head of Belgium's central bank said in an FT article on Monday that investors are underestimating how much euro zone borrowing costs will rise. Pierre Wunsch, an ECB policymaker, said he would only agree to pausing rate rises once there was evidence that wage growth was slowing. The euro EUR=EBS rose 0.2% to $1.1006 against the dollar The dollar was last up 0.4% against the Japanese currency at 134.69 JPY=EBS. The confidence in the equity market hasn't translated into optimism in the oil market, where crude prices struggled to remain above $80 a barrel. Brent crude LCOc1 fell 0.4% to $81.33 a barrel, as investors fretted about the outlook for energy demand in an environment of high interest rates and persistent inflation. Asia stock marketshttps://tmsnrt.rs/2zpUAr4 Asia-Pacific valuationshttps://tmsnrt.rs/2Dr2BQA US tech earningshttps://tmsnrt.rs/40n0y5m (Additional reporting by Wayne Cole in Sydney; Editing by Christopher Cushing and Lincoln Feast.) ((Wayne.Cole@thomsonreuters.com; 612 9171 7144; Reuters Messaging: wayne.cole.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.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares held steady on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. The most recent data on global business activity shows a broad-based pick-up in the services sector that, in the United States at least, strengthens the case for interest rates to keep rising.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares held steady on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares held steady on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. "Having seen off largely better-than-expected numbers from the U.S. banks last week, it’s now the turn of big Tech which has driven most of the U.S. market rebound so far this year," said Michael Hewson, chief market strategist at CMC Markets.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares held steady on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. It's still up almost 1% in April and not far off one-year highs, thanks in large part to the strength in U.S. tech stocks.
16211.0	2023-04-24 00:00:00 UTC	Can the PC Market Bounce Back From the Cuurent Lows?	AAPL	https://www.nasdaq.com/articles/can-the-pc-market-bounce-back-from-the-cuurent-lows	nan	nan	Global PC sales, which rebounded and soared during the peak of the pandemic, started slowing with the economic reopening. Sales have slowed further this year as the industry continues to face multiple challenges. Supply-chain crisis, which has been hampering sales, somewhat eased last year, but higher prices are now plaguing sales. Almost all major players saw a steep decline in PC sales in the first quarter of 2023. PC Sales See Steep Decline The COVID-19 outbreak impacted a large number of industries but, at the same time, also proved to be a boon in disguise for several others. The PC industry emerged as one of the biggest beneficiaries of the pandemic. However, things have changed since then, with sales declining almost every quarter. According to a report from Gartner, global PC shipments plummeted 30% year over year in the first quarter of 2023. Total PC shipments during the quarter totaled 55.2 million units. This follows a 28.5% decline in the fourth quarter of 2022, when global PC shipments totaled 65.3 million units. Understandably, the crisis is worsening for the industry, with shipments plummeting almost every quarter. The report also mentioned that during the quarter, the top global vendors remained unchanged, with Lenovo Group Limited LNVGY holding the top spot. However, all top vendors saw a steep decline in sales. The Gartner report is quite similar to the IDC report on PC shipments. According to IDC, global PC shipments totaled 56.9 million units, declining 29% year over year in the first quarter of 2023. Challenges Galore With the decline in shipments, market leaders are suffering the most, despite holding on to the top positions. According to market share, Lenovo held the top spot with a 23.9% market share, HP Inc. HPQ commands 21.5%, followed by Dell Technologies Inc DELL, which holds 16%, while Apple, Inc. AAPL had 7.5%. Lenovo recently reported that its revenues declined 24% year over year to $15.3 billion, owing to a massive downturn in PC and smartphone industries in the final quarter of 2022. In the first quarter of 2023, LNGVY recorded a meager 12.7 million units of shipments. Lenovo’s shipments declined 30.3% in the quarter on a year-over-year basis. LNGVY has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. HP, Inc. reported a net income of $487 million in the first quarter of 2023 but also said that its PC and laptop sales declined drastically. HPQ’s PC unit recorded revenues of $9.2 million in the first quarter, down 24.2% year over year. According to the IDC report HP, Inc. shipped only 12 million units. Dell Technologies held its position as the third biggest player but shipped only 12 million units of PCs. DELL saw a 31% decline in shipments in the first quarter of 2023 on a year-over-year basis. Apple was the biggest loser, with a 40.5% year-over-year decline in shipments. AAPL shipped only 4.1 million units during the quarter. The company shipped 2.8 million fewer devices in the first quarter on a year-over-year basis. The U.S. PC market, one of the biggest in the world, fell 25.8% in the first quarter on a year-over-year basis. This follows a 20.5% decline in the fourth quarter of 2022. Slowing laptop sales are hurting the entire U.S. PC industry. The sector is dealing with a number of other challenges, with price being the biggest factor. Americans have cut down on spending on pricey goods amid high inflation. Although the supply-chain issue started to improve in the third quarter, the continued drop in demand in both consumer and commercial markets is now raising new concerns. According to the IDC report, supply chains can adapt as PC OEMs look into manufacturing options outside of China owing to the slowdown in growth and demand. Also, PC manufacturers are simultaneously altering their strategies for the remainder of the year and making orders for Chromebooks, anticipating a jump in license fees later this year. According to analysts, the struggle for PC manufacturers will continue for a while, but the market is expected to rebound by the end of this year once the global economy improves and users consider upgrading to Windows 11. 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 Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Lenovo Group Ltd. (LNVGY) : 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.	According to market share, Lenovo held the top spot with a 23.9% market share, HP Inc. HPQ commands 21.5%, followed by Dell Technologies Inc DELL, which holds 16%, while Apple, Inc. AAPL had 7.5%. AAPL shipped only 4.1 million units during the quarter. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Lenovo Group Ltd. (LNVGY) : Free Stock Analysis Report To read this article on Zacks.com click here.	According to market share, Lenovo held the top spot with a 23.9% market share, HP Inc. HPQ commands 21.5%, followed by Dell Technologies Inc DELL, which holds 16%, while Apple, Inc. AAPL had 7.5%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Lenovo Group Ltd. (LNVGY) : Free Stock Analysis Report To read this article on Zacks.com click here. AAPL shipped only 4.1 million units during the quarter.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Lenovo Group Ltd. (LNVGY) : Free Stock Analysis Report To read this article on Zacks.com click here. According to market share, Lenovo held the top spot with a 23.9% market share, HP Inc. HPQ commands 21.5%, followed by Dell Technologies Inc DELL, which holds 16%, while Apple, Inc. AAPL had 7.5%. AAPL shipped only 4.1 million units during the quarter.	According to market share, Lenovo held the top spot with a 23.9% market share, HP Inc. HPQ commands 21.5%, followed by Dell Technologies Inc DELL, which holds 16%, while Apple, Inc. AAPL had 7.5%. AAPL shipped only 4.1 million units during the quarter. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Lenovo Group Ltd. (LNVGY) : Free Stock Analysis Report To read this article on Zacks.com click here.
16212.0	2023-04-24 00:00:00 UTC	Should You Buy Apple for Its Fintech Ambitions?	AAPL	https://www.nasdaq.com/articles/should-you-buy-apple-for-its-fintech-ambitions	nan	nan	Apple (NASDAQ: AAPL) is best known for its iPhones and other sleek and innovative devices. While it continues to generate the bulk of its sales from its hardware business, the tech giant has been looking to grow its services segment for years. One particular area where Apple is making headway is the financial services industry. And recent developments seem to highlight once again the importance of Apple's ambitions in this field. Let's look into Apple's latest move in this area and what it could mean for long-term investors. Apple bolsters its financial services portfolio Apple already offers several important financial services, including Apple Pay, a leading digital wallet accepted by more than 85% of retailers in the U.S. The company also offers a credit card called Apple Card issued by Goldman Sachs. Further, Apple's newly rolled out buy now, pay later (BNPL) service allows users to split payments across several weeks with no interest or fees. But on April 17, the tech giant officially launched a new high-yield savings account for Apple Card users. This savings account comes with no fees, no minimum deposits, and a competitive 4.15% annual percentage yield (APY) that is, according to the company, 10 times higher than the national average, among other attractive features. Of note, the APY on this savings account can change at any time, but at its current levels, it makes Apple's new service attractive to consumers who already have an Apple Card, especially if they are satisfied users. On that front, the company has nothing to worry about. In August, Apple Card grabbed the top spot for satisfaction for the second year in a row among credit cards in its category. In light of that, it seems at least somewhat likely that at least some Apple Card holders will be on board with the company's new offering. The bigger picture Apple's new savings account again highlights that the company is serious about its ventures into financial services. From Apple Pay to its BNPL service, it continues to add new offerings in this area, and we have every reason to believe it isn't done yet. Apple's hardware service remains its most important. And its financial services unit accounts for only a small fraction of its services segment. So it probably isn't a good idea to buy the company's shares for this reason. But there is an even more critical point: Apple has a track record of pursuing lucrative opportunities with a long runway for growth. That's the case with Apple Pay -- the world is increasingly switching to digital payment methods, a trend that could continue for a while, partly due to the rise of e-commerce. There are examples in other areas too. For instance, the company recently reported progress on its efforts to add non-invasive continuous blood glucose monitoring to the Apple Watch. There are 422 million diabetes patients worldwide, a number that is projected to continue growing for a while. Elsewhere, Apple is working on an augmented reality (AR) headset that it could roll out later this year. The AR market is also on an upward trend, yet another long-term opportunity for Apple. With an installed base of more than 2 billion devices worldwide and massive cash-flow generation, which currently stands at $97.5 billion, Apple has the funds to invest in new ventures. Not all of them will pay off, but enough of them will, allowing the company to continue delivering solid financial results and stock market performances. Apple also uses its massive pile of cash to reward shareholders in other ways, most notably as an excellent dividend stock. The company has raised its payout by 111.1% over the past decade, and its low cash payout ratio of 15.3% suggests ample room for more dividend increases. Beyond its growing financial services segment, these are much better reasons to buy shares of Apple. 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 April 10, 2023 Prosper Junior Bakiny 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.	Apple (NASDAQ: AAPL) is best known for its iPhones and other sleek and innovative devices. This savings account comes with no fees, no minimum deposits, and a competitive 4.15% annual percentage yield (APY) that is, according to the company, 10 times higher than the national average, among other attractive features. That's the case with Apple Pay -- the world is increasingly switching to digital payment methods, a trend that could continue for a while, partly due to the rise of e-commerce.	Apple (NASDAQ: AAPL) is best known for its iPhones and other sleek and innovative devices. Apple bolsters its financial services portfolio Apple already offers several important financial services, including Apple Pay, a leading digital wallet accepted by more than 85% of retailers in the U.S. The company also offers a credit card called Apple Card issued by Goldman Sachs.	Apple (NASDAQ: AAPL) is best known for its iPhones and other sleek and innovative devices. Apple bolsters its financial services portfolio Apple already offers several important financial services, including Apple Pay, a leading digital wallet accepted by more than 85% of retailers in the U.S. Of note, the APY on this savings account can change at any time, but at its current levels, it makes Apple's new service attractive to consumers who already have an Apple Card, especially if they are satisfied users.	Apple (NASDAQ: AAPL) is best known for its iPhones and other sleek and innovative devices. From Apple Pay to its BNPL service, it continues to add new offerings in this area, and we have every reason to believe it isn't done yet. The AR market is also on an upward trend, yet another long-term opportunity for Apple.
16213.0	2023-04-24 00:00:00 UTC	PREVIEW-Tech investors focus on profits after layoffs; companies to highlight AI	AAPL	https://www.nasdaq.com/articles/preview-tech-investors-focus-on-profits-after-layoffs-companies-to-highlight-ai	nan	nan	By Nivedita Balu and Tiyashi Datta April 24 (Reuters) - A quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver. Microsoft Corp MSFT.O, Google parent Alphabet Inc GOOGL.O, Instagram owner Meta Platforms Inc META.O and Amazon.com Inc AMZN.O all report quarterly results this week. Together, they command more than $5 trillion in market capitalization, or more than 14% of the value of the S&P 500 .SPX index. Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. From a year earlier, profit is expected to slump nearly 16%, on average, with Microsoft expected to perform the least poorly with a 0.5% slip. These three companies, along with Amazon, said between November and March they would slash 70,000 jobs in a rapidly weakening economy, following a pandemic-led hiring boom. Meta has announced two rounds of layoffs. Amazon.com Inc AMZN.O, which reported a big drop in fourth-quarter profit due to valuation losses because of its investment in money-losing EV maker Rivian Automotive RIVN.O, is set to post a first-quarter profit that is expected to increase eight times, when compared with the immediately previous quarter. According to research firm YipitData, Amazon's North America sales are set to beat Wall Street estimates in the first quarter. The companies are likely to give updates on their AI efforts, a trend noticeable since last quarter when chief executives packed earnings calls with mentions of the technology. "If last quarter's message from Big Tech was all about efficiency and bottom line improvement, this quarter's message is likely to be more forward-looking around the massive potential of artificial intelligence," Andrew Lipsman, analyst at Insider Intelligence, said. Microsoft has integrated OpenAI's ChatGPT technology into its search engine Bing, pitting it against market leader Google. Google has begun the public release of its chatbot Bard. Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots backed by AI, and Meta has published an AI model that can pick out individual objects from within an image. "It's sort of a double-edged sword because there is also pressure for these companies to improve cash flow in an economy that is decelerating," Itau BBA analyst Thiago Kapulskis said. "There are expectations that companies could create or do even more with AI ... every tech investor is expecting those companies to be in the frontier." The cloud businesses of Amazon, Google and Microsoft were also more stable than expected, analysts said. Microsoft and Alphabet stocks have both risen 19% so far this year. Apple and Amazon are up 28% and 23%, respectively. Meta shares have gained nearly 77%. The largest company in the world, Apple, which is scheduled to report earnings on May 4, is dealing with slowing demand for iPhones and MacBooks as consumers curb spending. Big Tech stocks since last six monthshttps://tmsnrt.rs/40sJlr2 Big Tech profit growth over last eight quartershttps://tmsnrt.rs/3mM53su Big Tech profit growth over the last eight quartershttps://tmsnrt.rs/40s6lqn (Reporting by Nivedita Balu and Tiyashi Datta in Bengaluru; Editing by Sayantani Ghosh and Shounak Dasgupta) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	By Nivedita Balu and Tiyashi Datta April 24 (Reuters) - A quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver. The companies are likely to give updates on their AI efforts, a trend noticeable since last quarter when chief executives packed earnings calls with mentions of the technology. "It's sort of a double-edged sword because there is also pressure for these companies to improve cash flow in an economy that is decelerating," Itau BBA analyst Thiago Kapulskis said.	By Nivedita Balu and Tiyashi Datta April 24 (Reuters) - A quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver. Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. Big Tech stocks since last six monthshttps://tmsnrt.rs/40sJlr2 Big Tech profit growth over last eight quartershttps://tmsnrt.rs/3mM53su Big Tech profit growth over the last eight quartershttps://tmsnrt.rs/40s6lqn (Reporting by Nivedita Balu and Tiyashi Datta in Bengaluru; Editing by Sayantani Ghosh and Shounak Dasgupta) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots backed by AI, and Meta has published an AI model that can pick out individual objects from within an image. Big Tech stocks since last six monthshttps://tmsnrt.rs/40sJlr2 Big Tech profit growth over last eight quartershttps://tmsnrt.rs/3mM53su Big Tech profit growth over the last eight quartershttps://tmsnrt.rs/40s6lqn (Reporting by Nivedita Balu and Tiyashi Datta in Bengaluru; Editing by Sayantani Ghosh and Shounak Dasgupta) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv. Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots backed by AI, and Meta has published an AI model that can pick out individual objects from within an image. "There are expectations that companies could create or do even more with AI ... every tech investor is expecting those companies to be in the frontier."
16214.0	2023-04-24 00:00:00 UTC	Prediction: These 3 Tech Stocks Will Be Worth More Than $3 Trillion by 2030	AAPL	https://www.nasdaq.com/articles/prediction%3A-these-3-tech-stocks-will-be-worth-more-than-%243-trillion-by-2030	nan	nan	At the beginning of 2000, the biggest company in the world had a market cap of a little over $600 billion. Ten years later, the market cap for the No. 1 company had fallen to under $350 million. By mid-2018, the first company surpassed the $1 trillion threshold. This brief history gives you some context for how we got to where we are today in the stock market. It also puts into perspective a prediction I'm about to make: I think the following three tech stocks will be worth more than $3 trillion by 2030. 1. Apple Apple (NASDAQ: AAPL) is the easiest pick. Its market cap already tops $2.6 trillion. The stock would only need to rise by an average of around 1.75% each year to finish above $3 trillion by the end of 2030. I think Apple will deliver significantly greater gains over the next several years. The most important reason why is, unsurprisingly, the strength of the company's iPhone ecosystem. Even modest growth in sales and profits derived from the annual upgrade cycle could propel Apple to the $3 trillion mark. But my take is that Apple will vault much higher than that because of its innovation. Sure, the company has lagged behind rivals in some areas in the past. However, I look for augmented reality and new iPhone features including folding phones to boost sales considerably in the not-too-distant future. I also view Apple's introduction of new high-interest savings accounts as a brilliant move. The company is positioning itself to be a much bigger player in fintech. Could Apple even hit $5 trillion by 2030? It's quite possible. 2. Microsoft Microsoft (NASDAQ: MSFT) was the company mentioned earlier with a market cap of around $600 billion in early 2000. Although the tech giant went into a major slump that lasted for years, it eventually became a huge comeback story. Today, Microsoft's market cap is more than $2.1 trillion. To get to $3 trillion by 2030, Microsoft will need to deliver average annual returns in the ballpark of 5%. I think we're already seeing how the company will beat that level -- by integrating AI throughout its products and services. I suspect that incorporating OpenAI's GPT-4 into its productivity and software development tools will provide a major boost for Microsoft. It should also help the company gain market share for its Azure cloud services. Investors shouldn't overlook Microsoft's efforts in gaming and promising technologies such as quantum computing, either. There aren't many hot growth areas where the company isn't a major player. 3. Alphabet I'll readily admit that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) looks like more of a longshot to hit the $3 trillion mark by 2030. For one thing, the company's current market cap of $1.35 trillion is less than halfway to that threshold. Alphabet's shares would need to gain more than 11% on average per year to make it happen. That's not an easy task for an already huge company. Complicating matters is the possibility that there are rumors that Samsung could ditch Google as the default search engine on its smartphones. I'm not convinced this would hurt Alphabet as much as some think it could even if it happens. However, it does underscore the broader anxiety that Microsoft's AI focus could negatively impact Alphabet's growth. Don't let the noise distract you from Alphabet's own AI expertise, though. The company has been a leader in AI for years. It appears to be taking the gloves off by combining Google Brain and DeepMind, two AI powerhouses that have operated independently in the past. Alphabet has multiple growth drivers that could potentially get it to $3 trillion or more over the next few years. Google Cloud and Waymo (the company's self-driving car business) especially stand out. Alphabet is also pioneering new developments in quantum computing, which I view as the most overlooked reason to consider buying the stock. Importantly, Alphabet is the most attractively valued of all three of these stocks. If the narrative about Alphabet changes (which I think could easily happen), that valuation gap could dwindle and push the stock much higher. 10 stocks we like better than Alphabet 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 Alphabet 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 April 20, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Keith Speights has positions in Alphabet, Apple, and Microsoft. The Motley Fool has positions in and recommends Alphabet, 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 Apple (NASDAQ: AAPL) is the easiest pick. Even modest growth in sales and profits derived from the annual upgrade cycle could propel Apple to the $3 trillion mark. However, I look for augmented reality and new iPhone features including folding phones to boost sales considerably in the not-too-distant future.	Apple Apple (NASDAQ: AAPL) is the easiest pick. It should also help the company gain market share for its Azure cloud services. There aren't many hot growth areas where the company isn't a major player.	Apple Apple (NASDAQ: AAPL) is the easiest pick. Microsoft Microsoft (NASDAQ: MSFT) was the company mentioned earlier with a market cap of around $600 billion in early 2000. Alphabet I'll readily admit that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) looks like more of a longshot to hit the $3 trillion mark by 2030.	Apple Apple (NASDAQ: AAPL) is the easiest pick. Ten years later, the market cap for the No. Could Apple even hit $5 trillion by 2030?
16215.0	2023-04-24 00:00:00 UTC	GLOBAL MARKETS-Stocks falter ahead of earnings-packed week	AAPL	https://www.nasdaq.com/articles/global-markets-stocks-falter-ahead-of-earnings-packed-week	nan	nan	By Amanda Cooper LONDON, April 24 (Reuters) - Global shares eased on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. The most recent data on global business activity shows a broad-based pick-up in the services sector that, in the United States at least, strengthens the case for interest rates to keep rising. S&P 500 futures ESc1 and Nasdaq futures NQc1 fell 0.4% ahead of a busy week of earnings, while in Europe, the STOXX 600 .STOXX was mostly flat in early trading. The MSCI All-World index .MIWD00000PUS eased 0.1%. But it's still up almost 1% in April and not far off one-year highs, thanks in large part to the strength in U.S. tech stocks. Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. "Having seen off largely better-than-expected numbers from the U.S. banks last week, it’s now the turn of big Tech which has driven most of the U.S. market rebound so far this year," said Michael Hewson, chief market strategist at CMC Markets. "With the likes of Microsoft, Alphabet, Meta Platforms, and Amazon all set to report this week, the outperformance that we’ve seen in the Nasdaq 100 so far this year is likely to face a key test," he said. The U.S. House of Representatives could this week vote on a Republican plan to raise the debt ceiling in exchange for spending cuts. Weak tax receipts mean the government could run out of money earlier than expected, and, as a result, the cost of insuring against a U.S. sovereign default is at its highest in well over a decade. BOJ's NEW BOSS Markets 0#FF: are pricing in an 86% chance the Federal Reserve will increase rates by a quarter point in May, and fully expect a similar rise from the European Central Bank with some risk of a half-point move. FEDWATCH, 0#ECBWATCH Central banks in Canada and Sweden meet this week, but most attention will be on the Bank of Japan for the first meeting chaired by its new governor, Kazuo Ueda. Ueda on Monday said policy easing had to be continued since inflation was still under 2% in trend terms. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon. "The consensus expects it is too early to see any adjustments yet to the BoJ's Yield Curve Control policy - though changes may be forthcoming at the June meeting," strategists at ING said in a daily note. Meanwhile, the head of Belgium's central bank said in an FT article on Monday that investors are underestimating how much euro zone borrowing costs will rise. Pierre Wunsch, an ECB policymaker, said he would only agree to pausing rate rises once there was evidence that wage growth was slowing. "A hawkish start to the week on that front," Deutsche Bank strategist Jim Reid said. The euro EUR=EBS was largely flat against the dollar at $1.09795 and against the yen EURJPY=EBS at 147.42. The dollar was last up 0.1% against the Japanese currency at 134.21 JPY=EBS. Chicago wheat gained almost 1% after Russia threatened to terminate a grain deal allowing Ukrainian exports, raising concern over world supplies. The confidence in the equity market hasn't translated into optimism in the oil market, where crude prices struggled to remain above $80 a barrel. Brent crude LCOc1 fell almost 1% to $80.88 a barrel, as investors fretted about the outlook for energy demand in an environment of high interest rates and persistent inflation. Asia stock marketshttps://tmsnrt.rs/2zpUAr4 Asia-Pacific valuationshttps://tmsnrt.rs/2Dr2BQA US tech earningshttps://tmsnrt.rs/40n0y5m (Additional reporting by Wayne Cole in Sydney; Editing by Christopher Cushing and Lincoln Feast.) ((Wayne.Cole@thomsonreuters.com; 612 9171 7144; Reuters Messaging: wayne.cole.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.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares eased on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. The most recent data on global business activity shows a broad-based pick-up in the services sector that, in the United States at least, strengthens the case for interest rates to keep rising.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares eased on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. S&P 500 futures ESc1 and Nasdaq futures NQc1 fell 0.4% ahead of a busy week of earnings, while in Europe, the STOXX 600 .STOXX was mostly flat in early trading.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares eased on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. "Having seen off largely better-than-expected numbers from the U.S. banks last week, it’s now the turn of big Tech which has driven most of the U.S. market rebound so far this year," said Michael Hewson, chief market strategist at CMC Markets.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains in the last month, so there is much riding on their outlooks. By Amanda Cooper LONDON, April 24 (Reuters) - Global shares eased on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat this year. The euro EUR=EBS was largely flat against the dollar at $1.09795 and against the yen EURJPY=EBS at 147.42.
16216.0	2023-04-24 00:00:00 UTC	GLOBAL MARKETS-Asia stocks in pensive mood for earnings-packed week	AAPL	https://www.nasdaq.com/articles/global-markets-asia-stocks-in-pensive-mood-for-earnings-packed-week	nan	nan	By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares were mostly lower on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Market action was sluggish in the wake of Friday's surprisingly strong surveys of business activity which reinforced the case for higher interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.4%, while Japan's Nikkei .N225 nudged up 0.2%. Chinese blue chips .CSI300 fell 0.4%. Over in Australia, there was some weakness in mining stocks .AXJO after Chile moved to boost state control over its lithium industry, which has the world's largest reserves of the battery metal. EUROSTOXX 50 futures STXEc1 and FTSE futures FFIc1 were both little changed. S&P 500 futures ESc1 and Nasdaq futures NQc1 eased 0.3% ahead of a busy week of earnings. Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. "We believe stalwarts Microsoft, Amazon and Google should all deliver cloud results that meet and likely exceed Street 1Q expectations this week despite recent noise in the market," said analysts at Wedbush Securities. "We also believe a major narrative of tech earnings season will be the AI arms race and each Big Tech player updating investors on their own AI ambitions/monetization strategy as Redmond battles Google and other tech stalwarts for the AI trophy case." The U.S. House of Representatives could this week vote on a Republican plan to raise the debt ceiling in exchange for spending cuts. Weak tax receipts mean the government could run out of money earlier than expected, and the risk of default has seen a rise in U.S. credit default swaps. Figures on U.S. wages and economic growth due this week will likely reinforce the case for further tightening. The Atlanta Fed's influential GDP Now tracker has the U.S economy growing an annualised 2.5% in the first quarter, only a shade slower than the previous quarter. BOJ GETS A NEW BOSS Markets 0#FF: are pricing in an 86% chance the Federal Reserve will hike rates by a quarter point at its meeting in the first week of May, and fully expect a similar hike from the European Central Bank with some risk of a half-point move. FEDWATCH, 0#ECBWATCH Central banks in Canada and Sweden meet this week, but most attention will be on the Bank of Japan for the first meeting chaired by its new governor, Kazuo Ueda. Ueda on Monday said policy easing had to be continued since inflation was still under 2% in trend terms. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon, but there are reports the central bank is considering conducting a comprehensive review of the impact of its easing. "Media background suggests don't expect tweaks to YCC, but its clear the writing is on the wall and the risk is of more substantive change at the next meeting," said Tapas Strickland, head of market economics at NAB. In contrast, the head of Belgium's central bank warned in an FT article on Monday that investors are underestimating how high eurozone borrowing costs will rise. The divergence in policy between Japan and the rest of the developed world has seen the yen weaken steadily in the last few weeks, with the euro in particular hitting a six-month high. The single currency was firm at 147.56 yen on Monday EURJPY=, while the dollar held at 134.35 JPY=EBS. The euro held at $1.0980 EUR=EBS, within sight of its recent one-year peak of $1.1075. A higher dollar and bond yields have been a burden for gold, which shed 1.2% last week and was last lying at $1,979 an ounce XAU=. GOL/ Chicago wheat gained almost 1% after Russia threatened to terminate a grain deal allowing Ukrainian exports, raising concerns over world supplies. Oil prices also lost ground last week, though planned production cuts from OPEC offer some support. O/R Brent LCOc1 eased 66 cents on Monday to $81.00 a barrel, while U.S. crude CLc1 fell 67 cents to $77.20 per barrel. Asia stock marketshttps://tmsnrt.rs/2zpUAr4 Asia-Pacific valuationshttps://tmsnrt.rs/2Dr2BQA US tech earningshttps://tmsnrt.rs/40n0y5m (Reporting by Wayne Cole; Editing by Christopher Cushing and Lincoln Feast.) ((Wayne.Cole@thomsonreuters.com; 612 9171 7144; Reuters Messaging: wayne.cole.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.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares were mostly lower on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon, but there are reports the central bank is considering conducting a comprehensive review of the impact of its easing.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares were mostly lower on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.4%, while Japan's Nikkei .N225 nudged up 0.2%.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares were mostly lower on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Markets 0#FF: are pricing in an 86% chance the Federal Reserve will hike rates by a quarter point at its meeting in the first week of May, and fully expect a similar hike from the European Central Bank with some risk of a half-point move.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares were mostly lower on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. FEDWATCH, 0#ECBWATCH Central banks in Canada and Sweden meet this week, but most attention will be on the Bank of Japan for the first meeting chaired by its new governor, Kazuo Ueda.
16217.0	2023-04-24 00:00:00 UTC	Guru Fundamental Report for AAPL - Warren Buffett	AAPL	https://www.nasdaq.com/articles/guru-fundamental-report-for-aapl-warren-buffett-24	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 Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio 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.
16218.0	2023-04-23 00:00:00 UTC	7 Tech Stocks to Buy Now and Hold Forever	AAPL	https://www.nasdaq.com/articles/7-tech-stocks-to-buy-now-and-hold-forever	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a disastrous year to forget, some of the best tech stocks to buy have kicked off a comeback year. Better, these beaten-down stocks make for great long-term, core portfolio positions — each a high-quality tech company, with deep economic moats. In fact, with strong track records of steady, consistent growth, over time they are poised to continue appreciating in value at a more-than-satisfactory clip. In some cases, these blue-chip tech names also provide investors with dividends. These provide a further boost to long-term total returns. So, for investors today, what are some of the best long-term tech stocks out there? Consider these seven, a mix of leading companies from across the tech stock sector. AAPL Apple $165.02 ADI Analog Devices $186.34 ADP Automatic Data Processing $215.21 META Meta Platforms $212.89 MSFT Microsoft $285.76 QCOM Qualcomm $117.76 ROP Roper Technologies $445.41 Apple (AAPL) Source: PX Media / Shutterstock Compared to many of its FAANG peers, Apple (NASDAQ:AAPL) held up relatively well during the 2022 tech stock sell-off. In fact, following the iPhone’s maker’s strong comeback since the start of the year, shares are not far off from their all-time closing high. AAPL stock changes hands today for around $166 per share, versus an all-time closing high of just over $180 per share. Compare that to one of its major peers, Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). GOOG remains down by about 30% from its high-water mark. That said, it’s not past and recent performance that makes Apple one of the best tech stocks to buy for the long-term. Instead, as Louis Navellier argued earlier this month, it is the company’s long-term catalysts, such as secular growth in its Services unit, that make Apple stock a great buy and hold contender among tech names. Analog Devices (ADI) Source: Epic Cure / Shutterstock Analog Devices (NASDAQ:ADI) is certainly not a household name like Apple. However, this chipmaker doesn’t need to be in the spotlight in order to be one of the best tech stocks to buy and hold. A favorable environment for semiconductor demand of course provided a shot in the arm to this company’s fiscal results, and in turn, to the performance of ADI stock. Although the current slowdown in chip demand may bring growth to a halt in the near-term (based on analyst earnings forecasts), ADI has the potential to stay a winner. As a maker of chips for both the industrial and automotive sectors, technological trends in both areas point to continued growth in demand for the company’s offerings. A re-acceleration of earnings growth back to historic norms, coupled with ADI’s moderately-sized yet fast-growing dividend, points to strong total returns in the years ahead. Automatic Data Processing (ADP) Source: Zurijeta / Shutterstock.com Admittedly, it’s a bit of a stretch to call Automatic Data Processing (NASDAQ:ADP) a tech stock. Technically, the payroll processing and HR services company is classified as being in the industrials sector. Yet, ADP does have a long history of technological innovation. More importantly, it has translated this innovation into a strong track record growth. With this, I think we can consider ADP stock one of the best long-term tech names out there. As I argued last month, Automatic Data Processing continues to have strong long-term growth prospects. The company is expected to grow earnings by double-digits in the coming years. ADP also continues to deliver strong dividend growth, growing its payouts by an average of 13.8% annually over the past five years. Fairly-priced at 26.5 times forward earnings, ADP may just well end up outperforming shares in many fast-growing but overvalued tech companies. Meta Platforms (META) Source: shutterstock.com/CC7 Shares in Facebook parent Meta Platforms (NASDAQ:META) fell to deep value prices during 2022. All as concerns about CEO Mark Zuckerberg’s big bet on the metaverse exacerbated existing worries about the impact of an economic slowdown on the social media giant’s fiscal performance. However, since Nov., the META stock has more than doubled. Investors have reacted positively to the company’s aggressive cost-cutting efforts. And, even if you missed this stunning comeback, there’s still plenty of time to accumulate. As cost savings fall straight to the bottom line, and as the digital ad market recovers, Meta is well-positioned to report strong earnings growth going forward. After that, the strength of its underlying business, which may face fewer competitive threats than Alphabet’s Google search platform, could enable the company to continue delivering steady earnings growth. This may pave the way for solid returns. Microsoft (MSFT) Source: Freedom365day / Shutterstock.com Given the hype surrounding Microsoft (NASDAQ:MSFT) and its artificial intelligence catalyst, you may think that shares in the software and technology powerhouse have moved up too far, too fast. However, MSFT stock is up by just 19.5% year-to-date, gains that pale in comparison to other names boosted by “AI mania.” Not only that, while it’s going to take some time before Microsoft’s efforts in the area of AI translate into earnings growth, the potential payoff could produce strong returns for patient investors. Following its strategic investment in ChatGPT developer OpenAI, Microsoft is now busy integrating this technology. The company is not only integrating it into its Bing search platform, but into its Azure cloud computing and Office365 software platforms as well. In time, this could serve as a major accelerant for earnings growth. In turn, fueling substantial share price appreciation in the years ahead. Qualcomm (QCOM) Source: Chompoo Suriyo / Shutterstock.com Qualcomm (NASDAQ:QCOM), has high exposure to the growing use of chips in industrial applications. As a Seeking Alpha commentator argued last month, this tailwind far outweighs a top upcoming headwind for this semiconductor company (the loss of Apple as a key mobile chip customer starting in 2025). There is growing demand for advanced automotive chips, along with chips powering internet of things (or IoT) devices. This stands to drive continued revenue and earnings growth in the years ahead. The benefits for QCOM stock from this are three-fold. First, shares will keep climbing as earnings rise. Second, as investors become more confident that losing Apple doesn’t mean an end to growth with Qualcomm, this low-priced stock (trading at around 12.7 earnings today) could experience some multiple expansion. Third, higher earnings will drive continued growth of QCOM’s dividend (2.7% forward yield), providing a further boost to future total returns. Roper Technologies (ROP) Source: AdityaB. Photography/ShutterStock.com Compared to the other tech stocks to buy and hold listed above, Roper Technologies (NYSE:ROP) is relatively an under-the-radar play. While a large-cap, your average investor likely isn’t as familiar with this stock as they are perhaps with the six aforementioned long-term tech plays. However, don’t let a lack of familiarity lead you to skip out on ROP stock. A provider of numerous application software, network software, and technology enabled products, serving multiple industries, strong earnings growth has resulted in shares climbing steadily higher over the past decade, with cumulative appreciation of 258.5%. This trend may have a strong chance of continuing over the next decade. Analyst forecasts call for steady earnings growth in the coming years. Coupled with continued increases in its dividend payouts (with a decades-long track record of dividend growth, ROP has “dividend aristocrat” status), Roper Technologies could produce solid long-term returns for your portfolio. 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. The post 7 Tech Stocks to Buy Now and Hold Forever 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 $165.02 ADI Analog Devices $186.34 ADP Automatic Data Processing $215.21 META Meta Platforms $212.89 MSFT Microsoft $285.76 QCOM Qualcomm $117.76 ROP Roper Technologies $445.41 Apple (AAPL) Source: PX Media / Shutterstock Compared to many of its FAANG peers, Apple (NASDAQ:AAPL) held up relatively well during the 2022 tech stock sell-off. AAPL stock changes hands today for around $166 per share, versus an all-time closing high of just over $180 per share. Instead, as Louis Navellier argued earlier this month, it is the company’s long-term catalysts, such as secular growth in its Services unit, that make Apple stock a great buy and hold contender among tech names.	AAPL Apple $165.02 ADI Analog Devices $186.34 ADP Automatic Data Processing $215.21 META Meta Platforms $212.89 MSFT Microsoft $285.76 QCOM Qualcomm $117.76 ROP Roper Technologies $445.41 Apple (AAPL) Source: PX Media / Shutterstock Compared to many of its FAANG peers, Apple (NASDAQ:AAPL) held up relatively well during the 2022 tech stock sell-off. AAPL stock changes hands today for around $166 per share, versus an all-time closing high of just over $180 per share. A provider of numerous application software, network software, and technology enabled products, serving multiple industries, strong earnings growth has resulted in shares climbing steadily higher over the past decade, with cumulative appreciation of 258.5%.	AAPL Apple $165.02 ADI Analog Devices $186.34 ADP Automatic Data Processing $215.21 META Meta Platforms $212.89 MSFT Microsoft $285.76 QCOM Qualcomm $117.76 ROP Roper Technologies $445.41 Apple (AAPL) Source: PX Media / Shutterstock Compared to many of its FAANG peers, Apple (NASDAQ:AAPL) held up relatively well during the 2022 tech stock sell-off. AAPL stock changes hands today for around $166 per share, versus an all-time closing high of just over $180 per share. InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a disastrous year to forget, some of the best tech stocks to buy have kicked off a comeback year.	AAPL Apple $165.02 ADI Analog Devices $186.34 ADP Automatic Data Processing $215.21 META Meta Platforms $212.89 MSFT Microsoft $285.76 QCOM Qualcomm $117.76 ROP Roper Technologies $445.41 Apple (AAPL) Source: PX Media / Shutterstock Compared to many of its FAANG peers, Apple (NASDAQ:AAPL) held up relatively well during the 2022 tech stock sell-off. AAPL stock changes hands today for around $166 per share, versus an all-time closing high of just over $180 per share. So, for investors today, what are some of the best long-term tech stocks out there?
16219.0	2023-04-23 00:00:00 UTC	GLOBAL MARKETS-Asia stocks off to slow start in earnings-rich week	AAPL	https://www.nasdaq.com/articles/global-markets-asia-stocks-off-to-slow-start-in-earnings-rich-week-0	nan	nan	By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Early action was sluggish in the wake of Friday's surprisingly strong surveys of business activity which reinforced the case for higher interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.4%, while Japan's Nikkei .N225 nudged up 0.3%. Chinese blue chips .CSI300 fell 0.4%. Over in Australia, there was some weakness in mining stocks after Chile moved to boost state control over its lithium industry, which has the world's largest reserves of the battery metal. EUROSTOXX 50 futures STXEc1 and FTSE futures FFIc1 were both little changed. S&P 500 futures ESc1 and Nasdaq futures NQc1 eased 0.2% ahead of a busy week of earnings. Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. "We believe stalwarts Microsoft, Amazon and Google should all deliver cloud results that meet and likely exceed Street 1Q expectations this week despite recent noise in the market," said analysts at Wedbush Securities. "We also believe a major narrative of tech earnings season will be the AI arms race and each Big Tech player updating investors on their own AI ambitions/monetization strategy as Redmond battles Google and other tech stalwarts for the AI trophy case." The U.S. House of Representatives could this week vote on a Republican plan to raise the debt ceiling in exchange for spending cuts. Weak tax receipts mean the government could run out of money earlier than expected, and the risk of default has seen a rise in U.S. credit default swaps. Figures on U.S. wages and economic growth due this week will likely reinforce the case for further tightening. The Atlanta Fed's influential GDP Now tracker has the U.S economy growing an annualised 2.5% in the first quarter, only a shade slower than the previous quarter. BOJ GETS A NEW BOSS Markets 0#FF: are pricing in an 89% chance the Federal Reserve will hike rates by a quarter point at its meeting in the first week of May, and fully expect a similar hike from the European Central Bank with some risk of a half-point move. FEDWATCH, 0#ECBWATCH Central banks in Canada and Sweden meet this week, but most attention will be on the Bank of Japan for the first meeting chaired by its new governor, Kazuo Ueda. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon, but there are reports the central bank is considering conducting a comprehensive review of the impact of its easing. "Media background suggests don't expect tweaks to YCC, but its clear the writing is on the wall and the risk is of more substantive change at the next meeting," said Tapas Strickland, head of market economics at NAB. The divergence in policy between Japan and the rest of the developed world has seen the yen weaken steadily in the last few weeks, with the euro in particular hitting a six-month high. The single currency was firm at 147.56 yen on Monday EURJPY=, while the dollar held at 134.30 JPY=EBS. The euro also edged up to $1.0990 EUR=EBS and nearer its recent one-year peak of $1.1075. A higher dollar and bond yields have been a burden for gold, which shed 1.2% last week and was last lying at $1,984 an ounce XAU=. GOL/ Chicago wheat gained almost 1% after Russia threatened to terminate a grain deal allowing Ukrainian exports, raising concerns over world supplies. Oil prices also lost ground last week, though planned production cuts from OPEC offer some support. O/R Brent LCOc1 eased 66 cents on Monday to $81.00 a barrel, while U.S. crude CLc1 fell 67 cents to $77.20 per barrel. Asia stock marketshttps://tmsnrt.rs/2zpUAr4 Asia-Pacific valuationshttps://tmsnrt.rs/2Dr2BQA US tech earningshttps://tmsnrt.rs/40n0y5m (Reporting by Wayne Cole; Editing by Christopher Cushing) ((Wayne.Cole@thomsonreuters.com; 612 9171 7144; Reuters Messaging: wayne.cole.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.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon, but there are reports the central bank is considering conducting a comprehensive review of the impact of its easing.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. S&P 500 futures ESc1 and Nasdaq futures NQc1 eased 0.2% ahead of a busy week of earnings.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Markets 0#FF: are pricing in an 89% chance the Federal Reserve will hike rates by a quarter point at its meeting in the first week of May, and fully expect a similar hike from the European Central Bank with some risk of a half-point move.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Early action was sluggish in the wake of Friday's surprisingly strong surveys of business activity which reinforced the case for higher interest rates.
16220.0	2023-04-23 00:00:00 UTC	GLOBAL MARKETS-Asia stocks off to slow start in earnings-rich week	AAPL	https://www.nasdaq.com/articles/global-markets-asia-stocks-off-to-slow-start-in-earnings-rich-week	nan	nan	By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Early action was sluggish in the wake of Friday's surprisingly strong surveys of business activity which reinforced the case for higher interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.1%, while Japan's Nikkei .N225 nudged up 0.2%. S&P 500 futures ESc1 and Nasdaq futures NQc1 both eased 0.2% ahead of a busy week of earnings. Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. "We believe stalwarts Microsoft, Amazon and Google should all deliver cloud results that meet and likely exceed Street 1Q expectations this week despite recent noise in the market," said analysts at Wedbush Securities. "We also believe a major narrative of tech earnings season will be the AI arms race and each Big Tech player updating investors on their own AI ambitions/monetization strategy as Redmond battles Google and other tech stalwarts for the AI trophy case." The U.S. House of Representatives could this week vote on a Republican plan to raise the debt ceiling in exchange for spending cuts. Weak tax receipts mean the government could run out of money earlier than expected, and the risk of default has seen a rise in U.S. credit default swaps. Figures on U.S. wages and economic growth due this week will likely reinforce the case for further tightening. The Atlanta Fed's influential GDP Now tracker has the U.S economy growing an annualised 2.5% in the first quarter, only a shade slower than the previous quarter. BOJ GETS A NEW BOSS Markets 0#FF: are pricing in an 89% chance the Federal Reserve will hike rates by a quarter point at its meeting in the first week of May, and fully expects a similar hike from the European Central Bank with some risk of a half-point move. FEDWATCH, 0#ECBWATCH Central banks in Canada and Sweden meet this week, but most attention will be on the Bank of Japan for the first meeting chaired by its new governor, Kazuo Ueda. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon, but there are reports the central bank is considering conducting a comprehensive review of the impact of its easing. "Media background suggests don't expect tweaks to YCC, but its clear the writing is on the wall and the risk is of more substantive change at the next meeting," said Tapas Strickland, head of market economics at NAB. The divergence in policy between Japan and the rest of the developed world has seen the yen weaken steadily in the last few weeks, with the euro in particular hitting a six-month high. The single currency was firm at 147.33 yen on Monday EURJPY=, while the dollar held at 134.03 JPY=EBS. The euro also edged up to $1.0992 EUR=EBS and nearer its recent one-year peak of $1.1075. A higher dollar and bond yields have been a burden for gold, which shed 1.2% last week and was last lying at $1,984 an ounce XAU=. GOL/ Oil prices also lost ground last week, though planned production cuts from OPEC offer some support. O/R Brent LCOc1 eased 9 cents on Monday to $81.57 a barrel, while U.S. crude CLc1 fell 12 cents to $77.75 per barrel. Asia stock marketshttps://tmsnrt.rs/2zpUAr4 Asia-Pacific valuationshttps://tmsnrt.rs/2Dr2BQA US tech earningshttps://tmsnrt.rs/40n0y5m (Reporting by Wayne Cole; Editing by Christopher Cushing) ((Wayne.Cole@thomsonreuters.com; 612 9171 7144; Reuters Messaging: wayne.cole.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.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Only three out of 27 economists polled by Reuters expect the BOJ to start to scale-back its yield curve control policy (YCC) this soon, but there are reports the central bank is considering conducting a comprehensive review of the impact of its easing.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.1%, while Japan's Nikkei .N225 nudged up 0.2%.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Markets 0#FF: are pricing in an 89% chance the Federal Reserve will hike rates by a quarter point at its meeting in the first week of May, and fully expects a similar hike from the European Central Bank with some risk of a half-point move.	Apple Inc AAPL.O and Microsoft Corp MSFT.O alone have accounted for nearly half of the S&P 500's gains through March, so there is much riding on their outlooks. By Wayne Cole SYDNEY, April 24 (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Early action was sluggish in the wake of Friday's surprisingly strong surveys of business activity which reinforced the case for higher interest rates.
16221.0	2023-04-23 00:00:00 UTC	Wall St Week Ahead-Tech earnings to test markets' 'most crowded' trade	AAPL	https://www.nasdaq.com/articles/wall-st-week-ahead-tech-earnings-to-test-markets-most-crowded-trade-0	nan	nan	By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. U.S. technology stocks are currently the "most crowded" trade in the market, fund managers surveyed by BofA Global Research said, as investors pile into megacaps thinking the Federal Reserve will soon stop tightening monetary policy and that the sector will remain resilient as growth slows. Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. Apple and Microsoft, up 27% and 19% this year, respectively, together accounted for nearly half of the S&P 500's .SPXtotal advance through March, according to S&P Dow Jones Indices. The index is up around 7.5% year-to-date. Whether that rally continues could depend on companies beating already-lowered first-quarter estimates. Technology earnings are seen falling 14.4%. Communication services companies, including Meta Platforms Inc META.O and Alphabet Inc GOOGL.O, are expected to post declines of 12%, according to Refinitiv data. After steep declines in 2022, "this is a group that was an underweight for a number of people and now you're seeing some of the momentum take off," said Jason Draho, head of asset allocation Americas at UBS. Earnings will show "whether this is really a safe haven if you are worried about recession." Alphabet and Microsoft are expected to report their results on April 25, followed by Apple on May 4. Amazon, part of the consumer discretionary sector, is expected to announce results on April 27. Tesla shares fell nearly 10% after missing earnings estimates on April 19. Companies will likely use earnings reports over the next several weeks to announce further plans for layoffs, which could bolster margins ahead of a recession and make their shares more attractive, said Robert Stimpson, co-chief investment officer and portfolio manager for Oak Associates Funds. Alphabet in January announced 12,000 job cuts, followed by Amazon in March with 9,000 cuts, and others that bring the total to 27,000 layoffs over recent months. "Tech corrected very hard last year and it's already discounted for some sort of recession, given that it has accepted that it has to cut headcount and retrench a little bit," said Stimpson. "It's an industry that is accepting its medicine." Stimpson is overweight technology and cutting back on his energy exposure in anticipation of a recession. However, signs of improving profitability could power "another leg up" in the rally, said Tom Plumb, portfolio manager of the Plumb Funds, who has large positions in Nvidia Corp NVDA.O and Apple. Nvidia shares are up more than 90% this year. "We paid the penalty for holding on to a number of these stocks last year," Plumb said. "In today's market growth is something that people think will be a challenge and if you can identify growth you'll be rewarded." Still, gains could fizzle if the Fed does not cut interest rates this year, as widely expected. While the central bank has projected borrowing costs will stay around current levels until year end, investors are pricing rate cuts after the summer. Elevated rates would likely weigh heavily on technology valuations, which have soared since the year began, said Max Wasserman, senior portfolio manager at Miramar Capital. Growth stocks are especially vulnerable to high borrowing costs, which threaten to erode the value of their longer-term cash flows. Apple is trading at a forward price-to-earnings ratio of 26.5, while Microsoft's ratio is 27.4, compared to 18 for the S&P 500. "You're seeing extremely high multiples in a rising interest rates environment because the market is betting the Fed will reverse its policies," he said. "We think it's a faulty assumption and the risk-reward is not in your favor." US tech stocks regain some lost groundhttps://tmsnrt.rs/40n0y5m (Reporting by David Randall; Editing by Ira Iosebashvili and Richard Chang) ((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.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. U.S. technology stocks are currently the "most crowded" trade in the market, fund managers surveyed by BofA Global Research said, as investors pile into megacaps thinking the Federal Reserve will soon stop tightening monetary policy and that the sector will remain resilient as growth slows.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. Alphabet and Microsoft are expected to report their results on April 25, followed by Apple on May 4.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. Companies will likely use earnings reports over the next several weeks to announce further plans for layoffs, which could bolster margins ahead of a recession and make their shares more attractive, said Robert Stimpson, co-chief investment officer and portfolio manager for Oak Associates Funds.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. Alphabet and Microsoft are expected to report their results on April 25, followed by Apple on May 4.
16222.0	2023-04-23 00:00:00 UTC	3 Stocks Warren Buffett Would Probably Tell You to Sell -- and 1 He'd Likely Recommend Buying	AAPL	https://www.nasdaq.com/articles/3-stocks-warren-buffett-would-probably-tell-you-to-sell-and-1-hed-likely-recommend-buying	nan	nan	Warren Buffett minds his own business quite well. He doesn't typically suggest that other investors buy or sell specific stocks. However, it's possible to get a pretty good sense of what the Oracle of Omaha thinks by watching his moves with Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio and his public comments. Here are three stocks Buffett would probably tell you to sell -- and one he'd likely recommend buying. Sell, sell, sell Buffett talked with CNBC in Japan on April 12, 2023, and was asked about a couple of stocks that Berkshire has reduced its positions in significantly in recent months. The legendary investor said he made the call himself to sell most of Berkshire's stake in Taiwan Semiconductor Manufacturing (NYSE: TSM). When asked why he dumped shares so soon after building a large position in the chipmaker, Buffett replied that Taiwan Semi is "one of the best companies in the world." However, he acknowledged that he reevaluated the geopolitical risk with China, which claims Taiwan as part of its territory. Berkshire has also cut its stake in BYD (OTC: BYDD.F), an electric vehicle maker based in mainland China. Buffett said that BYD is "an extraordinary company." However, he seemed to think the valuation wasn't as attractive as when Berkshire first bought shares. Buffett stated, "We'll find things to do with the money that I'll feel better about." The multibillionaire didn't mention Netflix (NASDAQ: NFLX) at all. But he took a veiled shot at the company, saying that streaming is "not really a very good business." Buffett's comments were actually made in response to a question about Paramount Global, which Berkshire has a stake in and is in the streaming business itself. Unlike Netflix, though, Paramount makes money in avenues outside of streaming. Buffett's likely buy recommendation Which stock would Buffett likely recommend buying (besides Berkshire Hathaway itself)? That's easy -- Apple (NASDAQ: AAPL). We can know, without a doubt, the legendary investor's mindset about the tech giant. Apple remains, by far, the largest holding in Berkshire's portfolio. Buffett told CNBC's Becky Quick that when Berkshire acquired Alleghany last year, it kept only two of the stocks the property and casualty insurer owned -- Berkshire Hathaway and Apple. He noted that Alleghany had more than 20 stocks, but Berkshire sold all except those two. As in the past, he called Apple "a wonderful business." Buffett even argued that Apple's iPhones are so popular that if a user were offered $10,000 to give up their iPhone and never buy another, they'd turn the money down. Interestingly, Buffett didn't seem to be all that concerned about the risks for Apple, given its supply chain relationships with Chinese companies and Taiwan Semi, stating only that "I weigh that in." That weighing wasn't enough to turn him against the stock, though. Putting words in Buffett's mouth Am I putting words in Buffett's mouth by maintaining that he'd likely recommend selling Taiwan Semi, BYD, and Netflix and buying Apple? Yes, I'm guilty as charged. However, Buffett is obviously much less enamored with Taiwan Semi and BYD than he's been in the past. He also clearly doesn't think much of streaming, which is Netflix's bread and butter. And he, without question, continues to really like Apple. I think Buffett said something else in his CNBC interview that's instructive. After talking about selling shares of BYD, he noted that his "job is to allocate the capital" for Berkshire. Buffett said he allocates capital "the way I would do it for my sister because she is a big shareholder," adding, "And that's the way I feel about all the millions of shareholders we have." If you handed your money over to Buffett today and owned shares of Taiwan Semi, BYD, and Netflix, it's a good bet he'd sell at least some of all three stocks. He'd probably also add shares of Apple (although he would, perhaps, wait for a pullback). While I've definitely put words in Buffett's mouth, they're words I think he'd use if he were minding your business as he minds his own. 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 April 20, 2023 Keith Speights has positions in Apple and Berkshire Hathaway. The Motley Fool has positions in and recommends Apple, BYD, Berkshire Hathaway, Netflix, 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.	That's easy -- Apple (NASDAQ: AAPL). When asked why he dumped shares so soon after building a large position in the chipmaker, Buffett replied that Taiwan Semi is "one of the best companies in the world." Interestingly, Buffett didn't seem to be all that concerned about the risks for Apple, given its supply chain relationships with Chinese companies and Taiwan Semi, stating only that "I weigh that in."	That's easy -- Apple (NASDAQ: AAPL). The legendary investor said he made the call himself to sell most of Berkshire's stake in Taiwan Semiconductor Manufacturing (NYSE: TSM). Putting words in Buffett's mouth Am I putting words in Buffett's mouth by maintaining that he'd likely recommend selling Taiwan Semi, BYD, and Netflix and buying Apple?	That's easy -- Apple (NASDAQ: AAPL). Buffett's likely buy recommendation Which stock would Buffett likely recommend buying (besides Berkshire Hathaway itself)? Buffett told CNBC's Becky Quick that when Berkshire acquired Alleghany last year, it kept only two of the stocks the property and casualty insurer owned -- Berkshire Hathaway and Apple.	That's easy -- Apple (NASDAQ: AAPL). If you handed your money over to Buffett today and owned shares of Taiwan Semi, BYD, and Netflix, it's a good bet he'd sell at least some of all three stocks. That's right -- they think these 10 stocks are even better buys.
16223.0	2023-04-23 00:00:00 UTC	3 AI Stocks That Could Go Parabolic	AAPL	https://www.nasdaq.com/articles/3-ai-stocks-that-could-go-parabolic	nan	nan	Artificial intelligence (AI) has been a buzzword over the past six months, but the AI buzz is much more real than the fly-by-night trends like altcoins, meme stocks, and SPACs seen over the past few years. Transformer technology -- in which an AI can "supervise" its own training without a human labeling everything -- and advances in semiconductor technology have combined to make human-like AI a reality. The astonishing capabilities of ChatGPT (released in November 2022) appear to have kicked off a new AI arms race. While leaders in the field, such as Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT), have seen their stocks surge to high multiples, the following three AI-related names still trade at cheap valuations. That means their stocks could go parabolic as the AI era barrels forward. Meta Platforms Meta Platforms (NASDAQ: META) stock may not look cheap at the moment, but its headline price-to-earnings (PE) ratio of 25 is a bit misleading. 2022 saw a "perfect storm" for Meta, including a global economic and advertising slowdown, headwinds from the Apple iOS privacy changes that hurt Meta's ad targeting capabilities, and the competitive threat of Tik Tok. Oh, and Meta Platforms also lost $13.7 billion last year on its metaverse venture, which doesn't really yield much revenue and has a highly uncertain payoff. Despite that perfect storm, Meta still made about $29 billion in operating profit last year and $42.7 billion in the Family of Apps (FOA) core segment, excluding metaverse losses. And those figures are down from their 2021 peaks of $46.7 billion in total operating earnings and $56.9 billion in FOA operating earnings. So at Meta's current market cap of $548 billion, the stock still trades at less than 10 times the core business' peak 2021 operating profit. Keep in mind that Meta was a 20%-plus grower in the years prior to the recent slowdown. If it can return to that type of growth rate, the stock could explode. How does Meta plan to get that mojo back? In short, artificial intelligence. Image source: Getty Images. On the advertising front, Meta is using AI to help improve its targeting capabilities following the iOS headwinds since late 2021. For instance, a new AI program called Advantage+ is helping advertisers recover their returns on Facebook and Instagram ads. In the program, advertisers allow Advantage+ to rapidly iterate ads by tweaking text or images and then test them at scale before widely distributing the best iteration. According to a recent Financial Times article, Advantage+ has already helped some advertisers regain the returns on ad spend lost to the iOS targeting change. AI has also helped Meta's Reels product take off. The short-form video format powered by Meta's AI Discovery engine has doubled its engagement over the past year, effectively negating the Tik Tok threat. And on the recent fourth-quarter conference call, CEO Mark Zuckerberg noted how AI is helping Meta cut its bloated cost structure while helping software engineers write code faster and be more productive. Beyond this year's results, Meta also just released its own internally developed large language model to researchers and recently formed a high-level product group, pulling AI engineers from various parts of the business into a single group set on AI innovation. In early April, Meta released a new AI model that accurately identifies items within images. So investors should expect Meta to benefit from AI not only in the near term with better engagement, advertising monetization, and lower costs but also in the future as it develops new AI tools for creators and potentially whole new businesses. With its stock still at an undemanding valuation based on its core business profits, Meta's stock could very well go parabolic. Super Micro Computer Meta is actually a big customer of server assembler Super Micro Computer (NASDAQ: SMCI), which provides customized server solutions for large and small enterprises. While Super Micro has sort of already gone parabolic, with its stock up a whopping 146% since Jan. 1, 2022, it still only trades for less than 10 times earnings! SMCI data by YCharts. Server companies generally trade at low multiples, but Super Micro's CEO Charles Liang sees big-time growth for the company going forward. Even in the current soft year for server sales, Super Micro should see 30%-plus growth, and Liang sees at least 20% growth in 2024 on top of that. How has Super Micro pulled this off? Well, first, the company was starting with a low earnings base after an accounting snafu in 2018 caused Super Micro to pause growth initiatives to get its accounting house in order. However, that accounting trouble had to do with the timing and reporting of revenue, not fabricating sales or earnings. After being reinstated to the Nasdaq in early 2020, Super Micro got back to business developing innovative "rack scale" solutions that cut costs for data center operators, opening a new manufacturing plant in Taiwan to lower costs, and increasing investments in its proprietary "green" computing solutions. Unlike many server companies that work with standard mass-produced models, Super Micro takes a different approach with its "building block" architecture. That modular design and the company's close relationships with Silicon Valley chipmakers mean Super Micro is often first to market with servers containing the latest chips, such as Nvidia's H100, while also having mass-customization capabilities for customers wanting to design application-specific servers. Moreover, Liang has long heralded a "green" computing ethos, with energy-efficient designs allowing for lower energy consumption and less heat generation. Combining the ability to customize at scale, lower electricity bills for data center operators, and be first-to-market with new chips caused demand to take off last year. And those advantages should only be magnified in the age of AI. As more large companies look to experiment with AI, Super Micro's ability to lower escalating power bills and provide tailored server solutions should be a massive benefit. That's how Super Micro has defied the tech slump over the past year. But with the AI wars just beginning to take off, I think Super Micro can continue to march higher, given its still-discounted valuation. Image source: Getty Images. Lam Research Finally, semiconductor equipment manufacturer Lam Research (NASDAQ: LRCX) is also a bargain-priced stock set to benefit massively from the growth of AI. Among the semi-cap equipment manufacturers, Lam is distinguished from the pack in several ways. First, it has highly advanced technology for the vertical stacking of semiconductor components. That has helped it gain massive share in NAND flash production, which began vertically stacking modules 10 years ago. Unfortunately, that has given Lam an outsized exposure to the memory industry, which is currently in one of its worst-ever downturns, causing Lam's revenue to fall 32% quarter over quarter in March, with management projecting another 20% decline in the June quarter. But it's also why Lam trades at a valuation of just 14 times earnings -- a veritable bargain for a company that should benefit from the long-term growth of AI. First, AI is memory-intensive, with AI servers requiring several multiples of DRAM and NAND content per server than typical servers sold today. AI servers only make up about 1% of all server shipments but are expected to grow at a double-digit annualized rate over the next five years, which should eventually lead to a memory recovery and, therefore, Lam's memory business. But leading-edge logic chips for AI are also going vertical now, especially with the new type of transistor architecture called gate-all-around (GAA). Lam believes it will take share in GAA transistor production, which will lead to an incremental $1 billion revenue opportunity. And Lam's dry resist technologies are increasingly used with extreme ultraviolet lithography (EUVL) necessary for advanced chip patterning. Last quarter, logic and foundry equipment sales comprised two-thirds of Lam's sales, whereas, in prior years, memory garnered that large majority of Lam's revenue. So a memory recovery, along with increasing share gains in advanced logic chips for AI, will benefit Lam in the future as the market recovers. With a beaten-down valuation and Lam still quite profitable even during this slump, look for the stock to take off as the AI wars kick into high gear. 10 stocks we like better than Meta Platforms 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 Meta Platforms 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 April 20, 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. Billy Duberstein has positions in Apple, Lam Research, Meta Platforms, Microsoft, and Super Micro Computer and has the following options: short August 2023 $160 calls on Super Micro Computer, short August 2023 $165 calls on Super Micro Computer, short May 2023 $135 calls on Super Micro Computer, short May 2023 $140 calls on Super Micro Computer, and short May 2023 $65 puts on Super Micro Computer. His clients may own shares of the companies mentioned. The Motley Fool has positions in and recommends Apple, Lam Research, Meta Platforms, Microsoft, and Nvidia. 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 short-form video format powered by Meta's AI Discovery engine has doubled its engagement over the past year, effectively negating the Tik Tok threat. Combining the ability to customize at scale, lower electricity bills for data center operators, and be first-to-market with new chips caused demand to take off last year. As more large companies look to experiment with AI, Super Micro's ability to lower escalating power bills and provide tailored server solutions should be a massive benefit.	After being reinstated to the Nasdaq in early 2020, Super Micro got back to business developing innovative "rack scale" solutions that cut costs for data center operators, opening a new manufacturing plant in Taiwan to lower costs, and increasing investments in its proprietary "green" computing solutions. See the 10 stocks *Stock Advisor returns as of April 20, 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. Billy Duberstein has positions in Apple, Lam Research, Meta Platforms, Microsoft, and Super Micro Computer and has the following options: short August 2023 $160 calls on Super Micro Computer, short August 2023 $165 calls on Super Micro Computer, short May 2023 $135 calls on Super Micro Computer, short May 2023 $140 calls on Super Micro Computer, and short May 2023 $65 puts on Super Micro Computer.	Beyond this year's results, Meta also just released its own internally developed large language model to researchers and recently formed a high-level product group, pulling AI engineers from various parts of the business into a single group set on AI innovation. Super Micro Computer Meta is actually a big customer of server assembler Super Micro Computer (NASDAQ: SMCI), which provides customized server solutions for large and small enterprises. Billy Duberstein has positions in Apple, Lam Research, Meta Platforms, Microsoft, and Super Micro Computer and has the following options: short August 2023 $160 calls on Super Micro Computer, short August 2023 $165 calls on Super Micro Computer, short May 2023 $135 calls on Super Micro Computer, short May 2023 $140 calls on Super Micro Computer, and short May 2023 $65 puts on Super Micro Computer.	Super Micro Computer Meta is actually a big customer of server assembler Super Micro Computer (NASDAQ: SMCI), which provides customized server solutions for large and small enterprises. Last quarter, logic and foundry equipment sales comprised two-thirds of Lam's sales, whereas, in prior years, memory garnered that large majority of Lam's revenue. So a memory recovery, along with increasing share gains in advanced logic chips for AI, will benefit Lam in the future as the market recovers.
16224.0	2023-04-22 00:00:00 UTC	This Defense Stock Outperformed Every FAANG Company Last Year	AAPL	https://www.nasdaq.com/articles/this-defense-stock-outperformed-every-faang-company-last-year	nan	nan	2022 was not a fun year for FAANG investors. Every single one of the major technology giants saw their share prices fall by more than 25% last year, ending a decade-plus bull run that made these companies some of the most valuable in the world. Falling share prices for the technology giants brought down a lot of other stocks last year as well, some by as much as 80%. But not all stocks fell in 2022. Enter Lockheed Martin (NYSE: LMT), one of the leading U.S. defense contractors, which saw its share price soar by over 40% during last year's bear market. Lockheed Martin can be a fantastic defensive stock (pun intended) to balance out your high-growth portfolio. Here's why it held up so well in 2022 while technology, internet, and growth stocks were sputtering. LMT Total Return Level data by YCharts Q1 earnings As one of the largest defense and aerospace contractors for the U.S. government, Lockheed Martin has long-term contracts with the Department of Defense and its allies. It focuses on selling fighter jets, missiles, helicopters, and space systems to its government customers. With long-term contracts that can extend for well over a decade if you include maintenance and servicing, Lockheed has an extremely predictable business that has steadily grown along with the U.S. defense budget. This was exemplified again in its Q1 2023 results, which were released this month. Revenue in the quarter was $15.1 billion, up slightly from $14.9 billion a year prior. Earnings per share (EPS) was up to $6.61 compared to $6.44 in 2022, with the business generating healthy cash flow that management could return to shareholders. Lockheed may not be the sexiest stock out there, but its durable earnings growth makes it much less susceptible to major stock drawdowns, which is a key reason why it produced positive returns in 2022. Of course, 40% growth is an abnormally strong year, which happened due to the burst of investor excitement in defense stocks in reaction to the Russian invasion of Ukraine. Over the long term, investors should expect Lockheed to return high-single-digit or low-double-digit compound annual returns for their portfolios through single-digit revenue growth and returning capital to shareholders through dividends and share repurchases. Long-term competitive advantages Defense contractors have had relationships with the U.S. government for decades, building up technological expertise and switching costs that make a company like Lockheed Martin incredibly costly to switch contractors for programs like advanced fighter jets. Even though there have been some rumblings that The Pentagon intends to spread contract awards among a wider array of contractors, Lockheed has a clear advantage in high-priority programs such as hypersonics, aerospace, and the F-35 fighter. At the end of Q1, Lockheed Martin had a total backlog of $145 billion, which is over two years of revenue according to its 2023 guidance outlook. This number is slightly down from $149 billion a year ago, however, I don't think investors should be too concerned about this. Q1 2022 was a period of intense fighting and disruption with the Russian invasion of Ukraine, which inspired many governments to make orders for new defense equipment and systems. Over the long term, Lockheed Martin has increased its backlog along with its overall revenue as it secures more long-term contracts with government agencies. For example, in 2015 its backlog was just under $100 billion. This industry dynamic makes Lockheed's business extremely predictable year after year. The key is returning capital to shareholders At a massive size and with tight governmental regulation, Lockheed Martin is not going to blow your socks off with revenue growth. But it can still perform well for shareholders by growing its capital returns program through dividend payouts and share buybacks. LMT Shares Outstanding data by YCharts Over the last 10 years, Lockheed Martin has grown its dividend per share by 156% while reducing its shares outstanding by around 20% through share repurchases. It currently has a dividend yield of around 2.4% and plans to repurchase $4 billion worth of stock in 2023, or around 3% of its shares outstanding based on its current market cap of $126 billion. With a below market average price-to-earnings ratio of 18, steady capital returns, and a competitively advantaged business, I think Lockheed Martin is still set up to perform well for shareholders over the next decade and beyond. Don't think you missed the boat because the stock soared 40% in 2022. 10 stocks we like better than Lockheed Martin 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 Lockheed Martin 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 April 10, 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. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Brett Schafer has positions in Alphabet and Amazon.com. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, and Netflix. The Motley Fool recommends Lockheed Martin. 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.	Every single one of the major technology giants saw their share prices fall by more than 25% last year, ending a decade-plus bull run that made these companies some of the most valuable in the world. Even though there have been some rumblings that The Pentagon intends to spread contract awards among a wider array of contractors, Lockheed has a clear advantage in high-priority programs such as hypersonics, aerospace, and the F-35 fighter. With a below market average price-to-earnings ratio of 18, steady capital returns, and a competitively advantaged business, I think Lockheed Martin is still set up to perform well for shareholders over the next decade and beyond.	Long-term competitive advantages Defense contractors have had relationships with the U.S. government for decades, building up technological expertise and switching costs that make a company like Lockheed Martin incredibly costly to switch contractors for programs like advanced fighter jets. This industry dynamic makes Lockheed's business extremely predictable year after year. LMT Shares Outstanding data by YCharts Over the last 10 years, Lockheed Martin has grown its dividend per share by 156% while reducing its shares outstanding by around 20% through share repurchases.	Over the long term, investors should expect Lockheed to return high-single-digit or low-double-digit compound annual returns for their portfolios through single-digit revenue growth and returning capital to shareholders through dividends and share repurchases. LMT Shares Outstanding data by YCharts Over the last 10 years, Lockheed Martin has grown its dividend per share by 156% while reducing its shares outstanding by around 20% through share repurchases. See the 10 stocks *Stock Advisor returns as of April 10, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.	LMT Total Return Level data by YCharts Q1 earnings As one of the largest defense and aerospace contractors for the U.S. government, Lockheed Martin has long-term contracts with the Department of Defense and its allies. Over the long term, investors should expect Lockheed to return high-single-digit or low-double-digit compound annual returns for their portfolios through single-digit revenue growth and returning capital to shareholders through dividends and share repurchases. This number is slightly down from $149 billion a year ago, however, I don't think investors should be too concerned about this.
16225.0	2023-04-22 00:00:00 UTC	Apple Entering India a ‘Strategic Poker Move,’ Says Top Analyst	AAPL	https://www.nasdaq.com/articles/apple-entering-india-a-strategic-poker-move-says-top-analyst	nan	nan	Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. While Apple's overall revenue from India is relatively small, the tech giant is making a concerted effort to capture more of the market. In this regard, Apple is opening its first retail stores in Mumbai and New Delhi. For Wedbush's Dan Ives, the openings could provide a big boost to the top-line. “Apple is now aggressively looking at India from both a production and retail expansion over the coming years that we believe will be a strategic poker move for Cupertino that could ramp annual revenue to $20 billion by 2025 in India,” said the 5-star analyst. The openings will likely be followed by a massive domestic marketing campaign and Apple will hope to cut into Samsung and Chinese players Xiaomi and vivo’s dominance as the biggest players in Indian’s smartphone market while also replicating its success in China. Getting into retail will be Apple’s first step in India and considering the nightmare it has had in its iPhone production in China due to the Covid lockdown issues seen during the holiday season, Ives notes Apple and its partner Foxconn are now looking at India for “more production diversification on the iPhone front.” Further boosting production in India should go alongside expanding the retail presence, in a similar way to how Apple developed its strategy in China. All told, it might take a while until Apple reaches the sort of penetration achieved there, but Ives thinks Apple is on the right track. “Rome was not built overnight and neither will Apple's broader India strategy,” he summed up. “However, we view this week as Apple diving into the deep end of the pool in India as this massive market slowly converts into the Apple ecosystem over the coming years with iPhone market share gains front and center.” All in all, Ives reiterated an Outperform (i.e., Buy) rating and $205 price target on AAPL, suggesting the shares will climb 30% higher in the months ahead. (To watch Ives’ track record, click here) Let’s turn our attention now to the rest of the Street, where based on 24 Buys, 4 Holds, and 1 Sell, AAPL currently carries a Strong Buy consensus rating. Although with an average price target of $174.86, the analysts project a modest 6% upside over the coming months. (See Apple stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 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 never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. “However, we view this week as Apple diving into the deep end of the pool in India as this massive market slowly converts into the Apple ecosystem over the coming years with iPhone market share gains front and center.” All in all, Ives reiterated an Outperform (i.e., Buy) rating and $205 price target on AAPL, suggesting the shares will climb 30% higher in the months ahead. (To watch Ives’ track record, click here) Let’s turn our attention now to the rest of the Street, where based on 24 Buys, 4 Holds, and 1 Sell, AAPL currently carries a Strong Buy consensus rating.	Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. “However, we view this week as Apple diving into the deep end of the pool in India as this massive market slowly converts into the Apple ecosystem over the coming years with iPhone market share gains front and center.” All in all, Ives reiterated an Outperform (i.e., Buy) rating and $205 price target on AAPL, suggesting the shares will climb 30% higher in the months ahead. (To watch Ives’ track record, click here) Let’s turn our attention now to the rest of the Street, where based on 24 Buys, 4 Holds, and 1 Sell, AAPL currently carries a Strong Buy consensus rating.	“However, we view this week as Apple diving into the deep end of the pool in India as this massive market slowly converts into the Apple ecosystem over the coming years with iPhone market share gains front and center.” All in all, Ives reiterated an Outperform (i.e., Buy) rating and $205 price target on AAPL, suggesting the shares will climb 30% higher in the months ahead. Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. (To watch Ives’ track record, click here) Let’s turn our attention now to the rest of the Street, where based on 24 Buys, 4 Holds, and 1 Sell, AAPL currently carries a Strong Buy consensus rating.	Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. “However, we view this week as Apple diving into the deep end of the pool in India as this massive market slowly converts into the Apple ecosystem over the coming years with iPhone market share gains front and center.” All in all, Ives reiterated an Outperform (i.e., Buy) rating and $205 price target on AAPL, suggesting the shares will climb 30% higher in the months ahead. (To watch Ives’ track record, click here) Let’s turn our attention now to the rest of the Street, where based on 24 Buys, 4 Holds, and 1 Sell, AAPL currently carries a Strong Buy consensus rating.
16226.0	2023-04-22 00:00:00 UTC	Google Could Lose the AI War Even If It Crushes Bing	AAPL	https://www.nasdaq.com/articles/google-could-lose-the-ai-war-even-if-it-crushes-bing	nan	nan	Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google appears to be making strides in improving its artificial intelligence products to battle OpenAI. But even if it wins that battle, it may lose the war. Travis Hoium shows how any disruption of Google Search would ultimately be bad for Google in the long term. Stock prices used were end-of-day prices of April 19, 2023. The video was published on April 19, 2023. 10 stocks we like better than Alphabet 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 Alphabet 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 April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, Apple, and Microsoft. 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.	After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. 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.	Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google appears to be making strides in improving its artificial intelligence products to battle OpenAI. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. Travis Hoium has positions in Alphabet and Apple.	Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google appears to be making strides in improving its artificial intelligence products to battle OpenAI. 10 stocks we like better than Alphabet When our analyst team has a stock tip, it can pay to listen. See the 10 stocks *Stock Advisor returns as of April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.	Travis Hoium shows how any disruption of Google Search would ultimately be bad for Google in the long term. See the 10 stocks *Stock Advisor returns as of April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Their opinions remain their own and are unaffected by The Motley Fool.
16227.0	2023-04-22 00:00:00 UTC	This Is Why Nvidia Faces Big Challenges in Artificial Intelligence	AAPL	https://www.nasdaq.com/articles/this-is-why-nvidia-faces-big-challenges-in-artificial-intelligence	nan	nan	Nvidia (NASDAQ: NVDA) appears to be a clear leader in the current iteration of artificial intelligence, but that may not last forever. Big tech is developing its own chips to replace Nvidia's, and that could threaten the company's growth. Travis Hoium digs into the latest news and Nvidia's high valuation in this video. Stock prices used were end-of-day prices of April 19, 2023. The video was published on April 19, 2023. 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 April 10, 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. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. 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.	Nvidia (NASDAQ: NVDA) appears to be a clear leader in the current iteration of artificial intelligence, but that may not last forever. Travis Hoium digs into the latest news and Nvidia's high valuation in this video. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing.	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. Suzanne Frey, an executive at Alphabet, 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, and Taiwan Semiconductor Manufacturing.	See the 10 stocks *Stock Advisor returns as of April 10, 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. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing.	Travis Hoium digs into the latest news and Nvidia's high valuation in this video. See the 10 stocks *Stock Advisor returns as of April 10, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Apple.
16228.0	2023-04-22 00:00:00 UTC	Taiwan's Apple supplier Quanta plans Vietnam factory	AAPL	https://www.nasdaq.com/articles/taiwans-apple-supplier-quanta-plans-vietnam-factory	nan	nan	HANOI, April 22 (Reuters) - Apple supplier Quanta Computer 2382.TW plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the government said in a statement late on Friday. The facility, which would be Quanta's 9th factory globally, would initially cover an area of 22.5 hectares, the statement said, without giving its capacity nor a time frame for the construction. Local media said on Saturday Quanta would invest $120 million in the factory. (Reporting by Khanh Vu; Editing by Kim Coghill) ((khanh.vu@thomsonreuters.com; +84 24 38259623;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	HANOI, April 22 (Reuters) - Apple supplier Quanta Computer 2382.TW plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the government said in a statement late on Friday. The facility, which would be Quanta's 9th factory globally, would initially cover an area of 22.5 hectares, the statement said, without giving its capacity nor a time frame for the construction.	The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the government said in a statement late on Friday. The facility, which would be Quanta's 9th factory globally, would initially cover an area of 22.5 hectares, the statement said, without giving its capacity nor a time frame for the construction. (Reporting by Khanh Vu; Editing by Kim Coghill) ((khanh.vu@thomsonreuters.com; +84 24 38259623;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	HANOI, April 22 (Reuters) - Apple supplier Quanta Computer 2382.TW plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the government said in a statement late on Friday. The facility, which would be Quanta's 9th factory globally, would initially cover an area of 22.5 hectares, the statement said, without giving its capacity nor a time frame for the construction.	HANOI, April 22 (Reuters) - Apple supplier Quanta Computer 2382.TW plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the government said in a statement late on Friday. The facility, which would be Quanta's 9th factory globally, would initially cover an area of 22.5 hectares, the statement said, without giving its capacity nor a time frame for the construction.
16229.0	2023-04-21 00:00:00 UTC	US STOCKS-Wall St slips on mixed earnings, Fed's rate path in focus	AAPL	https://www.nasdaq.com/articles/us-stocks-wall-st-slips-on-mixed-earnings-feds-rate-path-in-focus	nan	nan	By Sruthi Shankar and Ankika Biswas April 21 (Reuters) - Wall Street's main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge. A survey showed U.S. business activity accelerated to an 11-month high in April, at odds with growing signs that the economy was in danger of slipping into a recession as higher interest rates cool demand, further clouding the outlook for the Federal Reserve's monetary policy. U.S. Treasury yields rose following the survey, weighing on major technology and growth stocks such as Apple Inc AAPL.O, Meta Platforms Inc META.O and Microsoft Corp MSFT.O, down between 0.2% and 0.9%. Amazon.com Inc AMZN.O bucked the trend with a 3.3% gain, aiding a 1% advance in consumer discretionary stocks .SPLRCD. Procter & Gamble Co PG.N climbed 3.6% after the consumer company raised its full-year sales forecast on higher pricing. HCA Healthcare Inc HCA.N jumped 5.4% as the hospital operator lifted its forecasts for 2023, sending shares of peers Tenet Healthcare Corp THC.N, Community Health Systems CYH.N, Universal Health Services Inc UHS. up between 3.5% and 14%. Meanwhile, U.S.-listed shares of Chilean lithium miner SQM SQM.N tumbled 10.1% after Chile unveiled plans to nationalize its lithium industry, transferring control of its vast operations from industry giants to a separate state-owned company. A 6.3% slide in U.S. lithium miner Albemarle Corp ALB.N, coupled with a 4.9% drop in Freeport-McMoRan Inc FCX.N after the copper miner reported its first-quarter profit more than halved, pulled the materials sector .SPLRCM down 1.2%. "There's still probably a lot of room for earnings to decline," said Joshua Chastant, senior investment analyst at GuideStone Funds. "We think that maybe the market is not quite ready for that or it's not priced in. Multiples are still at 18 times earnings. There is lots of excess in equity markets that needs to be unwound." U.S. stock indexes have been rangebound this week with investors seeking clues on how far the Fed could hike interest rates, while earnings have signaled resilience in big banks though most regional lenders reported deposit outflows in the wake of a banking crisis last month. A slate of Fed speakers this week voiced support for another 25-basis-point rate hike by the U.S. central bank at its May 2-3 meeting. Traders have priced in an 82% chance of such a move, with many expecting the Fed to hold rates before cutting them by the end of 2023. Fed Board Governor Lisa Cook is set to take the stage on Friday before the central bank's policymakers enter a blackout period until the next policy meeting. At 11:39 a.m. ET, the Dow Jones Industrial Average .DJI was down 51.39 points, or 0.15%, at 33,735.23, the S&P 500 .SPX was down 5.02 points, or 0.12%, at 4,124.77, and the Nasdaq Composite .IXIC was down 6.65 points, or 0.06%, at 12,052.91. Tesla Inc TSLA.O gained 0.7% after raising U.S. prices for its Model S and X premium electric vehicles. Declining issues outnumbered advancers by a 1.74-to-1 ratio on the NYSE and a 1.37-to-1 ratio on the Nasdaq. The S&P index recorded 18 new 52-week highs and four new lows, while the Nasdaq recorded 37 new highs and 128 new lows. (Reporting by Sruthi Shankar, Ankika Biswas and Vansh Agarwal in Bengaluru Editing by Vinay Dwivedi) ((sruthi.shankar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2787;)) 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. Treasury yields rose following the survey, weighing on major technology and growth stocks such as Apple Inc AAPL.O, Meta Platforms Inc META.O and Microsoft Corp MSFT.O, down between 0.2% and 0.9%. By Sruthi Shankar and Ankika Biswas April 21 (Reuters) - Wall Street's main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge. A survey showed U.S. business activity accelerated to an 11-month high in April, at odds with growing signs that the economy was in danger of slipping into a recession as higher interest rates cool demand, further clouding the outlook for the Federal Reserve's monetary policy.	U.S. Treasury yields rose following the survey, weighing on major technology and growth stocks such as Apple Inc AAPL.O, Meta Platforms Inc META.O and Microsoft Corp MSFT.O, down between 0.2% and 0.9%. By Sruthi Shankar and Ankika Biswas April 21 (Reuters) - Wall Street's main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge. The S&P index recorded 18 new 52-week highs and four new lows, while the Nasdaq recorded 37 new highs and 128 new lows.	U.S. Treasury yields rose following the survey, weighing on major technology and growth stocks such as Apple Inc AAPL.O, Meta Platforms Inc META.O and Microsoft Corp MSFT.O, down between 0.2% and 0.9%. By Sruthi Shankar and Ankika Biswas April 21 (Reuters) - Wall Street's main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge. A survey showed U.S. business activity accelerated to an 11-month high in April, at odds with growing signs that the economy was in danger of slipping into a recession as higher interest rates cool demand, further clouding the outlook for the Federal Reserve's monetary policy.	U.S. Treasury yields rose following the survey, weighing on major technology and growth stocks such as Apple Inc AAPL.O, Meta Platforms Inc META.O and Microsoft Corp MSFT.O, down between 0.2% and 0.9%. By Sruthi Shankar and Ankika Biswas April 21 (Reuters) - Wall Street's main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge. A slate of Fed speakers this week voiced support for another 25-basis-point rate hike by the U.S. central bank at its May 2-3 meeting.
16230.0	2023-04-21 00:00:00 UTC	Tesla Stock: Why the Market Has Got It All Wrong	AAPL	https://www.nasdaq.com/articles/tesla-stock%3A-why-the-market-has-got-it-all-wrong	nan	nan	Shares of Tesla (NASDAQ: TSLA) fell sharply lower after the company reported softer revenue and profits for the first quarter than the market was expecting. The company is trying to buoy sales volumes amid weakening demand across the auto industry with price cuts on its electric vehicles (EVs), and this is causing many investors to question Tesla's competitive position. Tesla reported revenue of $23.3 billion. While that was up 24% over the year-ago quarter, it fell short of Wall Street's $23.8 billion estimate. Compounding the market's worries is Tesla's declining market share. The company's worldwide share of EVs has fallen from 17% in 2021 to 12% at the end of 2022, according to a passenger EV sales tracker from research firm Counterpoint. However, the market might be placing too much emphasis on market share and not enough on other indicators of the company's health. Tesla's advantage Apple is a good example that you don't have to be No. 1 to deliver exceptional returns to shareholders. Apple has been bumping elbows with many other smartphone manufacturers for a long time, but that hasn't prevented investors from making a fortune off the stock since the first iPhone was released in 2007. The reason is that Apple generates a superior profit margin on its products. Gaining market share is a fool's errand if you can't hold a leading share position profitably. Apple is currently in second place in global smartphone market share, but its brand is valued far more highly than any of its competitors. The same can be said for Tesla, whose EV designs, vast network of charging stations, and charismatic CEO have done far more to build a brand around the business than any of its competitors. There's no doubt that the EV opportunity is huge, and Tesla will be selling many times as many EVs in 10 years as it is today. Its total deliveries in the first quarter were up 36% over the year-ago quarter. While Wall Street worries about price cuts, near-term earnings, and declining market share, the most important indicator that Tesla stock is going to make investors great returns is that it is still generating an industry-leading profit. Tesla knows what creates lasting value CEO Elon Musk is clearly aware of Wall Street's concerns on the price cuts, but he was quick to point out the company's key strength on the earnings call. "While we reduced prices considerably in early Q1, it's worth noting that our operating margin remains among the best in the industry," he said. Indeed, even as Tesla invests to bring the Cybertruck to market and continues to make "significant purchases" of Nvidia's graphics processing units (GPUs) to improve its neural net training capabilities for its full self-driving software, Tesla generates a net profit of $12.6 billion, while China's BYD -- the worldwide leader in EVs, with 20% ofglobal marketshare -- generates just $2.4 billion in profit. This chart shows Tesla even further ahead in profitability than other EV companies. Data by YCharts Management is using this financial strength to apply significant pressure to competitors. For what it's worth, Global Equities Research analyst Trip Chowdhry believes Rivian Automotive, Lucid, and Fisker could go bankrupt against the onslaught of Tesla's aggressive price cutting. Regardless of what happens, Tesla is clearly playing the long game here. According to Musk, that's because "We're the only ones making cars that, technically, we could sell for zero profit for now and then yield actually tremendous economics in the future through autonomy. No one else can do that." It's the lifetime value of the customer that matters. This is what the market is missing, and why the self-driving car stock's recent dip might be a good buying opportunity. Find out why Tesla 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. Tesla 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 April 20, 2023 John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, BYD, Nvidia, and Tesla. 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 company is trying to buoy sales volumes amid weakening demand across the auto industry with price cuts on its electric vehicles (EVs), and this is causing many investors to question Tesla's competitive position. While Wall Street worries about price cuts, near-term earnings, and declining market share, the most important indicator that Tesla stock is going to make investors great returns is that it is still generating an industry-leading profit. Tesla knows what creates lasting value CEO Elon Musk is clearly aware of Wall Street's concerns on the price cuts, but he was quick to point out the company's key strength on the earnings call.	Compounding the market's worries is Tesla's declining market share. While Wall Street worries about price cuts, near-term earnings, and declining market share, the most important indicator that Tesla stock is going to make investors great returns is that it is still generating an industry-leading profit. Indeed, even as Tesla invests to bring the Cybertruck to market and continues to make "significant purchases" of Nvidia's graphics processing units (GPUs) to improve its neural net training capabilities for its full self-driving software, Tesla generates a net profit of $12.6 billion, while China's BYD -- the worldwide leader in EVs, with 20% ofglobal marketshare -- generates just $2.4 billion in profit.	Shares of Tesla (NASDAQ: TSLA) fell sharply lower after the company reported softer revenue and profits for the first quarter than the market was expecting. While Wall Street worries about price cuts, near-term earnings, and declining market share, the most important indicator that Tesla stock is going to make investors great returns is that it is still generating an industry-leading profit. Indeed, even as Tesla invests to bring the Cybertruck to market and continues to make "significant purchases" of Nvidia's graphics processing units (GPUs) to improve its neural net training capabilities for its full self-driving software, Tesla generates a net profit of $12.6 billion, while China's BYD -- the worldwide leader in EVs, with 20% ofglobal marketshare -- generates just $2.4 billion in profit.	Shares of Tesla (NASDAQ: TSLA) fell sharply lower after the company reported softer revenue and profits for the first quarter than the market was expecting. Apple is currently in second place in global smartphone market share, but its brand is valued far more highly than any of its competitors. While Wall Street worries about price cuts, near-term earnings, and declining market share, the most important indicator that Tesla stock is going to make investors great returns is that it is still generating an industry-leading profit.
16231.0	2023-04-21 00:00:00 UTC	3 Red Flags for Alphabet's Future	AAPL	https://www.nasdaq.com/articles/3-red-flags-for-alphabets-future	nan	nan	Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is often considered a safe blue-chip tech stock for long-term investors. But over the past 12 months, shares of the Google parent company declined by nearly 20% as investors fretted over the macroeconomic challenges for its advertising and cloud businesses. Alphabet is now the cheapest FAANG stock at 19 times forward earnings, and I believe it still has a bright future if it can overcome its near-term challenges. But for now, the market will likely remain fixated on three bright red flags for its future: the rise of OpenAI's ChatGPT, its potential loss of Samsung to Microsoft (NASDAQ: MSFT), and troubling revelations regarding its dependence on Apple (NASDAQ: AAPL). Image source: Getty Images. 1. Microsoft's investments in OpenAI Microsoft has invested billions of dollars in OpenAI, the creator of the widely popular ChatGPT chatbot. Unlike Google's search engine, which requires users to browse through various websites, ChatGPT answers complex questions with a "generative AI" algorithm that crunches a wide range of data into simple answers. ChatGPT poses a major threat to Google for two reasons. First, it undermines Google's advertising business, which relies on sponsored search results and display ads. If people simply use ChatGPT or a similar chatbot to answer their questions, they no longer need to browse the internet and view ads. Second, Microsoft is integrating ChatGPT into Bing -- which might help the underdog search engine finally gain ground against Google -- as well as its Azure cloud platform, which already controls a much bigger slice of the cloud market than Google Cloud. Google is countering ChatGPT with its own generative AI chatbot, Bard. It plans to integrate Bard into its market-leading search engine, but it's unclear if this late response will adequately address all the long-term threats. 2. Samsung's possible switch to Bing Samsung controlled 19% of the global smartphone market in the fourth quarter of 2022, according to Counterpoint, making it the second-largest brand after Apple, and the largest Android device maker by a wide margin. Samsung is such an important Android device maker that Google reportedly pays Samsung about $3.5 billion per year to remain the default search engine for its devices. That's why Alphabet's investors were rattled when a recent New York Times report claimed that Samsung could replace Google with Bing as the default search engine for all of its devices in the near future. That move wouldn't be surprising, since Samsung already tried to reduce its dependence on Google by launching its own app store, cloud storage services, payment platform, and mobile OS (Tizen) over the past decade. It has also pre-installed Microsoft's productivity and cloud apps on some of its devices as alternatives to Google's apps. By decoupling itself from Google, Samsung could potentially establish a third major mobile ecosystem alongside iOS and Android. Building a new search engine to complement that ecosystem would require some hefty investments, so it makes sense for Samsung to simply replace Google with the ChatGPT-enabled Bing. If those rumors are true, Google might be forced to pay Samsung a lot more cash each year to hold Microsoft at bay. 3. Apple could join that rebellion Google also holds a similar deal with Apple. To remain the default search engine for all iOS devices, Google reportedly paid Apple nearly $15 billion in 2021 and $18 billion to $20 billion in 2022. But with all the recent buzz about Bing Chat (which is powered by the same tech as ChatGPT) and Samsung's rumored interest in walking away from Google, it wouldn't be surprising to see Apple join the revolt and strike a similar deal with Microsoft. Like Samsung, Apple has been working more closely with Microsoft in recent years to bring its productivity and cloud-based services to iOS devices. Samsung and Apple produce more than 40% of the world's smartphones, so a loss of both of those partners would be a thesis-shattering setback for Google and a game-changing victory for Microsoft. Should you avoid Alphabet for now? Alphabet got complacent as Microsoft laid out a plan to disrupt the search engine market. But if Alphabet can get its act together and counter ChatGPT and Bing in a timely manner, I doubt Samsung and Apple will tightly tether themselves to Microsoft. Even if Samsung and Apple make Bing their default search engines, their users can still simply switch back to Google -- and Google would save billions of dollars in payments every year. Therefore, investors shouldn't ignore these red flags for Alphabet's near-term growth -- but I believe it can recover and prove the bears wrong over the long term. 10 stocks we like better than Alphabet 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 Alphabet 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 April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Leo Sun has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, 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.	But for now, the market will likely remain fixated on three bright red flags for its future: the rise of OpenAI's ChatGPT, its potential loss of Samsung to Microsoft (NASDAQ: MSFT), and troubling revelations regarding its dependence on Apple (NASDAQ: AAPL). That's why Alphabet's investors were rattled when a recent New York Times report claimed that Samsung could replace Google with Bing as the default search engine for all of its devices in the near future. That move wouldn't be surprising, since Samsung already tried to reduce its dependence on Google by launching its own app store, cloud storage services, payment platform, and mobile OS (Tizen) over the past decade.	But for now, the market will likely remain fixated on three bright red flags for its future: the rise of OpenAI's ChatGPT, its potential loss of Samsung to Microsoft (NASDAQ: MSFT), and troubling revelations regarding its dependence on Apple (NASDAQ: AAPL). Samsung is such an important Android device maker that Google reportedly pays Samsung about $3.5 billion per year to remain the default search engine for its devices. To remain the default search engine for all iOS devices, Google reportedly paid Apple nearly $15 billion in 2021 and $18 billion to $20 billion in 2022.	But for now, the market will likely remain fixated on three bright red flags for its future: the rise of OpenAI's ChatGPT, its potential loss of Samsung to Microsoft (NASDAQ: MSFT), and troubling revelations regarding its dependence on Apple (NASDAQ: AAPL). Second, Microsoft is integrating ChatGPT into Bing -- which might help the underdog search engine finally gain ground against Google -- as well as its Azure cloud platform, which already controls a much bigger slice of the cloud market than Google Cloud. Samsung is such an important Android device maker that Google reportedly pays Samsung about $3.5 billion per year to remain the default search engine for its devices.	But for now, the market will likely remain fixated on three bright red flags for its future: the rise of OpenAI's ChatGPT, its potential loss of Samsung to Microsoft (NASDAQ: MSFT), and troubling revelations regarding its dependence on Apple (NASDAQ: AAPL). Samsung is such an important Android device maker that Google reportedly pays Samsung about $3.5 billion per year to remain the default search engine for its devices. That's why Alphabet's investors were rattled when a recent New York Times report claimed that Samsung could replace Google with Bing as the default search engine for all of its devices in the near future.
16232.0	2023-04-21 00:00:00 UTC	Health Care Sector Update for 04/21/2023: SWAV, AAPL, LLY, BSX	AAPL	https://www.nasdaq.com/articles/health-care-sector-update-for-04-21-2023%3A-swav-aapl-lly-bsx	nan	nan	Health care stocks were higher Friday afternoon, with the NYSE Health Care Index advancing 0.9% and the Health Care Select Sector SPDR Fund (XLV) up 0.6%. The iShares Biotechnology ETF (IBB) was climbing past 1%. In company news, ShockWave Medical (SWAV) is drawing takeover interest from Boston Scientific (BSX), Bloomberg reported, citing people with knowledge of the matter. ShockWave shares jumped past 12% while Boston Scientific was down nearly 3%. Apple (AAPL) is planning to launch an iPhone app enabling users compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Apple shares were down almost 1%. Eli Lilly (LLY) expects the US Medicare health plan to relax its coverage limits and cover new Alzheimer's drugs in response to emerging evidence of their effectiveness of clearing amyloid brain plaques, Reuters reported, citing a company executive. Eli Lilly shares were up 2.3%. 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) is planning to launch an iPhone app enabling users compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. In company news, ShockWave Medical (SWAV) is drawing takeover interest from Boston Scientific (BSX), Bloomberg reported, citing people with knowledge of the matter. Eli Lilly (LLY) expects the US Medicare health plan to relax its coverage limits and cover new Alzheimer's drugs in response to emerging evidence of their effectiveness of clearing amyloid brain plaques, Reuters reported, citing a company executive.	Apple (AAPL) is planning to launch an iPhone app enabling users compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. In company news, ShockWave Medical (SWAV) is drawing takeover interest from Boston Scientific (BSX), Bloomberg reported, citing people with knowledge of the matter. ShockWave shares jumped past 12% while Boston Scientific was down nearly 3%.	Apple (AAPL) is planning to launch an iPhone app enabling users compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Health care stocks were higher Friday afternoon, with the NYSE Health Care Index advancing 0.9% and the Health Care Select Sector SPDR Fund (XLV) up 0.6%. Eli Lilly (LLY) expects the US Medicare health plan to relax its coverage limits and cover new Alzheimer's drugs in response to emerging evidence of their effectiveness of clearing amyloid brain plaques, Reuters reported, citing a company executive.	Apple (AAPL) is planning to launch an iPhone app enabling users compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. ShockWave shares jumped past 12% while Boston Scientific was down nearly 3%. Apple shares were down almost 1%.
16233.0	2023-04-21 00:00:00 UTC	Health Care Sector Update for 04/21/2023: GMAB, SWAV, AAPL, LLY	AAPL	https://www.nasdaq.com/articles/health-care-sector-update-for-04-21-2023%3A-gmab-swav-aapl-lly	nan	nan	Health care stocks were higher late Friday afternoon, with the NYSE Health Care Index advancing 0.8% and the Health Care Select Sector SPDR Fund (XLV) up 0.6%. The iShares Biotechnology ETF (IBB) was climbing 1.1%. In company news, Genmab (GMAB) said a three-arbitrator tribunal dismissed Genmab's claim that it was due milestone payments from a license agreement with Janssen Biotech for daratumumab. The shares were rising 0.7%. Shockwave Medical (SWAV) is drawing takeover interest from Boston Scientific (BSX), Bloomberg reported, citing people with knowledge of the matter. Shockwave shares jumped 10%, and Boston Scientific was down 3%. Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Apple shares were down 1%. Eli Lilly (LLY) expects the US Medicare health plan to relax its coverage limits and cover new Alzheimer's drugs in response to emerging evidence of their effectiveness of clearing amyloid brain plaques, Reuters reported, citing a company executive. Eli Lilly shares were up almost 3%. 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) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Shockwave Medical (SWAV) is drawing takeover interest from Boston Scientific (BSX), Bloomberg reported, citing people with knowledge of the matter. Eli Lilly (LLY) expects the US Medicare health plan to relax its coverage limits and cover new Alzheimer's drugs in response to emerging evidence of their effectiveness of clearing amyloid brain plaques, Reuters reported, citing a company executive.	Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Shockwave Medical (SWAV) is drawing takeover interest from Boston Scientific (BSX), Bloomberg reported, citing people with knowledge of the matter. Shockwave shares jumped 10%, and Boston Scientific was down 3%.	Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Health care stocks were higher late Friday afternoon, with the NYSE Health Care Index advancing 0.8% and the Health Care Select Sector SPDR Fund (XLV) up 0.6%. Eli Lilly (LLY) expects the US Medicare health plan to relax its coverage limits and cover new Alzheimer's drugs in response to emerging evidence of their effectiveness of clearing amyloid brain plaques, Reuters reported, citing a company executive.	Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported Friday, citing documents it viewed. Shockwave shares jumped 10%, and Boston Scientific was down 3%. Apple shares were down 1%.
16234.0	2023-04-21 00:00:00 UTC	Bear Market Champions: 2 Resilient Stocks to Weather Any Storm	AAPL	https://www.nasdaq.com/articles/bear-market-champions%3A-2-resilient-stocks-to-weather-any-storm	nan	nan	There's nothing like a bear market to drive home the importance of investing in resilient stocks that are capable of succeeding no matter what's going on with the economy or the wider market. While it isn't realistic to look for investments that are 100% insulated from external influences, it's entirely within your control to find a few companies that are tougher than average when adversity comes knocking. Let's take a few minutes to learn about two such businesses so that you can judge whether they might be a good fit for the more conservative portion of your portfolio. Image source: Getty Images. 1. Thermo Fisher Scientific Over the past three years, the total return of Thermo Fisher Scientific's (NYSE: TMO) stock rose by 77%, eclipsing the market's gain of 51% even in the midst of a pandemic, inflation, and a general environment of extreme economic uncertainty. To accomplish that, Thermo didn't need to do anything outside of its norm. It just continued to profitably sell goods like laboratory reagents and chemicals, cell analyzer devices, and disposable glassware to its massive base of customers in the biopharma sector -- just as it always has. Thermo is a resilient stock because most biotech and pharma businesses depend on its products and services to do any kind of research and development (R&D) work, without which they can't really make money. Sales to biopharma account for 55% of its revenue, which totaled $44.9 billion in 2022, and 46% of its revenue is from recurring sales of consumable goods that customers need more of in perpetuity. So even if there's an economic downturn, they'll still need to keep buying if they want to avoid work grinding to a halt. This means that Thermo's investors are somewhat insulated from fallout. Even during the Great Recession and the financial crisis, the company continued to add to its quarterly revenue and earnings, and its quarterly profit margin actually increased from 2007 to 2010. While it's true that it has a handful of major direct competitors, like Becton, Dickinson, it's competing for a share of quite a few growing sub-markets in biopharma, and there's little to suggest that it's facing much in the way of headwinds or fierce competitive pressures. Though its forward dividend yield of just 0.2% isn't about to impress anyone, the fact that its payout has grown by 106% in the last five years alone is yet another sign of enduring financial stability, and another piece of evidence supporting its resilience. 2. Apple Apple (NASDAQ: AAPL) is a company that needs no introduction, and much like Thermo Fisher, it's one of the sturdiest stocks around. Over the last 15 years, its quarterly net income rose each year by an extremely impressive average of 29.4%, with its annual earnings reaching a grand total of $99.8 billion in 2022. Even when the market crashed in early 2020, Apple quickly regained its footing and went on to outperform the market. In the last three years, the total return of its shares skyrocketed by 148% thanks to consistently strong sales of its iPhones, iPads, computers, software subscriptions, and peripheral devices. In tougher economic conditions, people probably won't buy a new phone or laptop every couple of years, but they'll surely continue to pay for their iCloud subscription to ensure that they can keep using their old devices. That's a factor supporting this company's ongoing strong performance. Apple also has a few less-well-known factors driving success for its shareholders, starting with its penchant for buying back absolutely mind-boggling amounts of its stock using its excess free cash flow (FCF). For reference, last year it reported FCF of more than $111 billion, and in the first quarter of this year alone, it spent $19 billion on repurchasing its shares. From its fiscal 2012 through Q1 of this year, the tech giant returned upwards of $740.3 billion to shareholders in the form of buybacks and dividend payments. To state the obvious, that is a really stunning sum of money. It went directly to investors, and more's almost guaranteed to be on the way. If the stock falls due to market phenomena or pessimism about the economy, that just means management gets a deal when it's time to buy back more shares. The constant repurchasing activity also helps to sustain higher prices for the sake of investors. Thanks to consistent effort with expanding its product offerings, including most recently with its foray into payments and savings accounts, Apple has a well-proven ability to bounce back and stay relevant. That's why it's a good bet for weathering most storms without its stock tanking. Of course, it's still possible that this business will take a hit if there's another unprecedented economic crisis, and eventually there likely will be. Likewise, Apple's exposure to geopolitical instability in Taiwan is very significant as it manufactures a lot of its hardware there. But it's already taking action to mitigate that risk by relocating some of its manufacturing sites into less exposed countries like India and Vietnam, so it'll be able to weather any issues that occur in the future too. 10 stocks we like better than Thermo Fisher Scientific 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 Thermo Fisher Scientific 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 April 10, 2023 Alex Carchidi has positions in Apple. The Motley Fool has positions in and recommends Apple and Thermo Fisher Scientific. The Motley Fool recommends Becton, Dickinson. 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) is a company that needs no introduction, and much like Thermo Fisher, it's one of the sturdiest stocks around. While it's true that it has a handful of major direct competitors, like Becton, Dickinson, it's competing for a share of quite a few growing sub-markets in biopharma, and there's little to suggest that it's facing much in the way of headwinds or fierce competitive pressures. Apple also has a few less-well-known factors driving success for its shareholders, starting with its penchant for buying back absolutely mind-boggling amounts of its stock using its excess free cash flow (FCF).	Apple Apple (NASDAQ: AAPL) is a company that needs no introduction, and much like Thermo Fisher, it's one of the sturdiest stocks around. Thermo Fisher Scientific Over the past three years, the total return of Thermo Fisher Scientific's (NYSE: TMO) stock rose by 77%, eclipsing the market's gain of 51% even in the midst of a pandemic, inflation, and a general environment of extreme economic uncertainty. The Motley Fool has positions in and recommends Apple and Thermo Fisher Scientific.	Apple Apple (NASDAQ: AAPL) is a company that needs no introduction, and much like Thermo Fisher, it's one of the sturdiest stocks around. Thermo Fisher Scientific Over the past three years, the total return of Thermo Fisher Scientific's (NYSE: TMO) stock rose by 77%, eclipsing the market's gain of 51% even in the midst of a pandemic, inflation, and a general environment of extreme economic uncertainty. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Thermo Fisher Scientific wasn't one of them!	Apple Apple (NASDAQ: AAPL) is a company that needs no introduction, and much like Thermo Fisher, it's one of the sturdiest stocks around. Over the last 15 years, its quarterly net income rose each year by an extremely impressive average of 29.4%, with its annual earnings reaching a grand total of $99.8 billion in 2022. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Thermo Fisher Scientific wasn't one of them!
16235.0	2023-04-21 00:00:00 UTC	Pre-Market Most Active for Apr 21, 2023 : TQQQ, SQQQ, TSLA, T, AAPL, AMZN, TSLL, NIO, WMT, FCX, UBS, CRM	AAPL	https://www.nasdaq.com/articles/pre-market-most-active-for-apr-21-2023-%3A-tqqq-sqqq-tsla-t-aapl-amzn-tsll-nio-wmt-fcx-ubs	nan	nan	The NASDAQ 100 Pre-Market Indicator is down -22.26 to 12,963.72. The total Pre-Market volume is currently 31,943,802 shares traded. The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.18 at $26.64, with 4,266,248 shares traded. This represents a 65.47% increase from its 52 Week Low. ProShares UltraPro Short QQQ (SQQQ) is +0.21 at $31.02, with 3,017,777 shares traded. This represents a 6.31% increase from its 52 Week Low. Tesla, Inc. (TSLA) is +1.5501 at $164.54, with 2,594,037 shares traded. TSLA's current last sale is 74.79% of the target price of $220. AT&T Inc. (T) is +0.18 at $17.83, with 1,366,898 shares traded. T's current last sale is 81.05% of the target price of $22. Apple Inc. (AAPL) is -1.98 at $164.67, with 964,781 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Amazon.com, Inc. (AMZN) is +1.64 at $105.45, with 917,688 shares traded.AMZN is scheduled to provide an earnings report on 4/27/2023, for the fiscal quarter ending Mar2023. The consensus earnings per share forecast is 0.21 per share, which represents a 21 percent increase over the EPS one Year Ago Direxion Daily TSLA Bull 1.5X Shares (TSLL) is +0.12 at $8.94, with 887,818 shares traded. This represents a 92.67% increase from its 52 Week Low. NIO Inc. (NIO) is +0.04 at $8.32, with 464,232 shares traded. As reported by Zacks, the current mean recommendation for NIO is in the "buy range". Walmart Inc. (WMT) is -0.38 at $150.59, with 376,747 shares traded. As reported by Zacks, the current mean recommendation for WMT is in the "buy range". Freeport-McMoran, Inc. (FCX) is -0.06 at $41.30, with 273,899 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2023. The consensus EPS forecast is $0.47. Smarter Analyst Reports: Freeport-McMoRan Delivers Mixed Q3 Results; Shares Drop UBS AG (UBS) is -0.24 at $20.12, with 253,094 shares traded.UBS is scheduled to provide an earnings report on 4/25/2023, for the fiscal quarter ending Mar2023. The consensus earnings per share forecast is 0.54 per share, which represents a 61 percent increase over the EPS one Year Ago Salesforce, Inc. (CRM) is -0.74 at $196.77, with 252,734 shares traded. As reported by Zacks, the current mean recommendation for CRM 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 -1.98 at $164.67, with 964,781 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Amazon.com, Inc. (AMZN) is +1.64 at $105.45, with 917,688 shares traded.AMZN is scheduled to provide an earnings report on 4/27/2023, for the fiscal quarter ending Mar2023.	Apple Inc. (AAPL) is -1.98 at $164.67, with 964,781 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The consensus earnings per share forecast is 0.21 per share, which represents a 21 percent increase over the EPS one Year Ago	Apple Inc. (AAPL) is -1.98 at $164.67, with 964,781 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The consensus earnings per share forecast is 0.21 per share, which represents a 21 percent increase over the EPS one Year Ago	Apple Inc. (AAPL) is -1.98 at $164.67, with 964,781 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The NASDAQ 100 Pre-Market Indicator is down -22.26 to 12,963.72.
16236.0	2023-04-21 00:00:00 UTC	Technology Sector Update for 04/21/2023: SAP, META, AAPL, XLK, SOXX	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-21-2023%3A-sap-meta-aapl-xlk-soxx	nan	nan	Technology stocks were leaning lower premarket Friday. The Technology Select Sector SPDR Fund (XLK) was declining by 0.38% and the iShares Semiconductor ETF (SOXX) was down 0.09%. SAP (SAP) was climbing past 4% after it reported Q1 adjusted earnings of 1.27 euros ($1.39) per basic share, up from 1 euro a year earlier. Analysts polled by Capital IQ expected 1.10 euros. Meta Platforms' (META) Chief Executive Mark Zuckerberg did not exclude future job cuts and expected the company to reduce the pace of hiring, The Wall Street Journal reported, citing the executive in a virtual Q&A session with employees. Meta Platform was recently down 0.5%. Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported, citing documents it viewed. Apple was recently slipping past 1%. 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) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported, citing documents it viewed. The Technology Select Sector SPDR Fund (XLK) was declining by 0.38% and the iShares Semiconductor ETF (SOXX) was down 0.09%. Meta Platforms' (META) Chief Executive Mark Zuckerberg did not exclude future job cuts and expected the company to reduce the pace of hiring, The Wall Street Journal reported, citing the executive in a virtual Q&A session with employees.	Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported, citing documents it viewed. Meta Platforms' (META) Chief Executive Mark Zuckerberg did not exclude future job cuts and expected the company to reduce the pace of hiring, The Wall Street Journal reported, citing the executive in a virtual Q&A session with employees. Meta Platform was recently down 0.5%.	Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported, citing documents it viewed. SAP (SAP) was climbing past 4% after it reported Q1 adjusted earnings of 1.27 euros ($1.39) per basic share, up from 1 euro a year earlier. Meta Platforms' (META) Chief Executive Mark Zuckerberg did not exclude future job cuts and expected the company to reduce the pace of hiring, The Wall Street Journal reported, citing the executive in a virtual Q&A session with employees.	Apple (AAPL) is planning to launch an iPhone app enabling users to compile their daily activities as part of its move in the mental and physical health technology market, The Wall Street Journal reported, citing documents it viewed. Technology stocks were leaning lower premarket Friday. Meta Platforms' (META) Chief Executive Mark Zuckerberg did not exclude future job cuts and expected the company to reduce the pace of hiring, The Wall Street Journal reported, citing the executive in a virtual Q&A session with employees.
16237.0	2023-04-21 00:00:00 UTC	3 Equity ETFs for Diversification Enthusiasts	AAPL	https://www.nasdaq.com/articles/3-equity-etfs-for-diversification-enthusiasts	nan	nan	I nvestors often hear about the benefits of diversification. On the other hand, market participants also see headlines and articles pertaining to small numbers of equities leading markets higher. That was the case in the first quarter when a scant number of S&P 500 member firms accounted for roughly 90% of the index’s upside. Even when accounting for the 2022 slump in stocks, the top five holdings in the S&P 500 account for more than 21% of the index’s weight – a percentage that’s at the higher end of historical levels. One way of looking at that scenario is that supposedly broad-based index funds and exchange traded funds aren’t offering investors the diversification benefits they’re looking for. Another point market participants should remember is that the aim diversification isn’t as much about generating upside as it is building a foundation of portfolio protection. “The goal of diversification is not necessarily to boost performance—it won't ensure gains or guarantee against losses,” according to Fidelity. “Diversification does, however, have the potential to improve returns for whatever level of risk you choose to target.” With that in mind, here are some stock-based ETFs for diversification buffs. Direxion NASDAQ-100® Equal Weighted Index Shares (QQQE) As its name implies, the Direxion NASDAQ-100® Equal Weighted Index Shares (QQQE) is the equal-weight answer to cap-weighted Nasdaq-100 Index (NDX). QQQE follows the NASDAQ-100 Equal Weighted TR Index – NDX’s equal-weight cousin. When QQQE rebalances, its 100 components receive weights of 1% apiece. Contrast that with cap-weighted counterparts that allocated nearly a quarter of their respective weights to just Microsoft (MSFT) and Apple (AAPL). In other words, each QQQE component is as important as the next. QQQE offers investors at least two primary benefits. “Broader diversification beyond technology sector stocks which may help reduce concentration risk,” according to Direxion. “Greater performance contribution from companies with smaller market capitalization.” Invesco S&P 500® Equal Weight ETF (RSP) Arguably the godfather of guaranteed equity diversification in the ETF wrapper, the Invesco S&P 500® Equal Weight ETF (RSP) has making good on the promise of diversification for two decades. The $34.16 billion ETF turns 20 years on April 24. RSP actually refutes one of the claims critics lob at the equal-weight methodology, which is that it’s heavily dependent on value investing. RSP allocates just a third of its weight to value stocks and that assertion doesn’t explain how the fund generated out-performance during a lengthy run of growth beating value up until 2021. “RSP has the same holdings as the S&P 500 Index, but each company is weighted equally to help you diversify,” according to Invesco. “With the S&P 500 Equal Weight Index, you still get exposure to the largest 500 public U.S. companies in the S&P 500 Index. However, each company is weighted at 0.2%, providing you with more diversification and less concentration.” ALPS Equal Weight Sector ETF (EQL) The ALPS Equal Weight Sector ETF (EQL) is a pertinent choice for investors looking for sector-level diversification. With technology still representing more than a quarter of the cap-weighted S&P 500, investors can hardly be blamed for desiring some sector diversity. EQL uses an efficient approach to accomplish its objective and contain costs. It equally weights the 11 sector SPDR ETFs rather than actively managing sector exposures. Those are large-cap funds meaning EQL is a large-cap ETF. It’s ability to outperform the broader market shines when defensive and value stocks are in style and/or high-growth sectors are faltering. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Contrast that with cap-weighted counterparts that allocated nearly a quarter of their respective weights to just Microsoft (MSFT) and Apple (AAPL). Another point market participants should remember is that the aim diversification isn’t as much about generating upside as it is building a foundation of portfolio protection. “The goal of diversification is not necessarily to boost performance—it won't ensure gains or guarantee against losses,” according to Fidelity.	Contrast that with cap-weighted counterparts that allocated nearly a quarter of their respective weights to just Microsoft (MSFT) and Apple (AAPL). Direxion NASDAQ-100® Equal Weighted Index Shares (QQQE) As its name implies, the Direxion NASDAQ-100® Equal Weighted Index Shares (QQQE) is the equal-weight answer to cap-weighted Nasdaq-100 Index (NDX). “Greater performance contribution from companies with smaller market capitalization.” Invesco S&P 500® Equal Weight ETF (RSP) Arguably the godfather of guaranteed equity diversification in the ETF wrapper, the Invesco S&P 500® Equal Weight ETF (RSP) has making good on the promise of diversification for two decades.	Contrast that with cap-weighted counterparts that allocated nearly a quarter of their respective weights to just Microsoft (MSFT) and Apple (AAPL). Direxion NASDAQ-100® Equal Weighted Index Shares (QQQE) As its name implies, the Direxion NASDAQ-100® Equal Weighted Index Shares (QQQE) is the equal-weight answer to cap-weighted Nasdaq-100 Index (NDX). “Greater performance contribution from companies with smaller market capitalization.” Invesco S&P 500® Equal Weight ETF (RSP) Arguably the godfather of guaranteed equity diversification in the ETF wrapper, the Invesco S&P 500® Equal Weight ETF (RSP) has making good on the promise of diversification for two decades.	Contrast that with cap-weighted counterparts that allocated nearly a quarter of their respective weights to just Microsoft (MSFT) and Apple (AAPL). One way of looking at that scenario is that supposedly broad-based index funds and exchange traded funds aren’t offering investors the diversification benefits they’re looking for. “Broader diversification beyond technology sector stocks which may help reduce concentration risk,” according to Direxion.
16238.0	2023-04-21 00:00:00 UTC	With Growth Slowing, Is Netflix Stock Still A Buy?	AAPL	https://www.nasdaq.com/articles/with-growth-slowing-is-netflix-stock-still-a-buy	nan	nan	Netflix (NASDAQ:NFLX) posted a mixed set of Q1 2023 results on Tuesday, with the company adding about 1.75 million new subscribers, slightly below estimates. While revenue for the quarter rose by 3.7% year-over-year to $8.16 billion, it fell slightly short of estimates, impacted in part by foreign currency-related headwinds. Earnings fell by about 19% versus last year to $2.88 per share due to higher costs and slowing revenue growth. Growth is expected to remain muted in the near term. For the quarter ending June 2023, Netflix is projecting revenue of $8.24 billion (3.4% year-over-year growth) and earnings of $2.82 a share. Netflix stopped providing specific guidance on subscriber additions since the last quarter, noting that it would be focusing more on boosting its monetization. Now average revenue per member actually declined by 1% year-over-year due to currency headwinds and weaker price realizations, particularly in Asia where the company saw strong subscriber growth in countries with lower plan prices. However, Netflix is looking to better monetize account sharing, expanding the paid password-sharing option that it began testing last year to other markets including the United States during the second quarter. Under the offering, subscribers should have the option to pay an extra fee if they want to share their Netflix account with people they do not live with. Although the company could see some amount of initial subscriber churn due to the rollout, the move should help to eventually boost revenue. Netflix also appeared positive about the performance of its new ad-supported tier which was rolled out late last year in select markets, although it didn’t provide much specific data. So, is Netflix stock still a buy at current levels? At the current market price of about $333 per share, Netflix trades at about 29x forward earnings. Although this is a relatively high multiple considering Netflix’s muted revenue growth in recent quarters, there is still reason to be bullish on the stock. Netflix is still guiding for double-digit revenue growth in the long run and the company’s cash flows are also expanding. For perspective, over Q1, Netflix has boosted its free cash flow guidance for the year to at least $3.5 billion, up from the previous forecast of at least $3 billion. Netflix is also boosting its capital return program, buying back about 1.2 million shares for roughly $400 million over the last quarter, with plans to increase repurchases over this year. We remain marginally positive on Netflix stock, with a price estimate of $363 per share, which is about 10% ahead of the current market price. See our analysis Netflix Valuation: Expensive or Cheap for more details on what’s driving our price estimate for Netflix. Also, check out the analysis of Netflix Revenue for more details on how Netflix revenues are trending. What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016. Returns Apr 2023 MTD [1] 2023 YTD [1] 2017-23 Total [2] NFLX Return -3% 13% 170% S&P 500 Return 1% 8% 86% Trefis Multi-Strategy Portfolio 2% 10% 247% [1] Month-to-date and year-to-date as of 4/19/2023 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Netflix (NASDAQ:NFLX) posted a mixed set of Q1 2023 results on Tuesday, with the company adding about 1.75 million new subscribers, slightly below estimates. However, Netflix is looking to better monetize account sharing, expanding the paid password-sharing option that it began testing last year to other markets including the United States during the second quarter. Netflix also appeared positive about the performance of its new ad-supported tier which was rolled out late last year in select markets, although it didn’t provide much specific data.	For the quarter ending June 2023, Netflix is projecting revenue of $8.24 billion (3.4% year-over-year growth) and earnings of $2.82 a share. We remain marginally positive on Netflix stock, with a price estimate of $363 per share, which is about 10% ahead of the current market price. Total [2] NFLX Return -3% 13% 170% S&P 500 Return 1% 8% 86% Trefis Multi-Strategy Portfolio 2% 10% 247% [1] Month-to-date and year-to-date as of 4/19/2023 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates 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 quarter ending June 2023, Netflix is projecting revenue of $8.24 billion (3.4% year-over-year growth) and earnings of $2.82 a share. Also, check out the analysis of Netflix Revenue for more details on how Netflix revenues are trending. Total [2] NFLX Return -3% 13% 170% S&P 500 Return 1% 8% 86% Trefis Multi-Strategy Portfolio 2% 10% 247% [1] Month-to-date and year-to-date as of 4/19/2023 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	While revenue for the quarter rose by 3.7% year-over-year to $8.16 billion, it fell slightly short of estimates, impacted in part by foreign currency-related headwinds. For the quarter ending June 2023, Netflix is projecting revenue of $8.24 billion (3.4% year-over-year growth) and earnings of $2.82 a share. We remain marginally positive on Netflix stock, with a price estimate of $363 per share, which is about 10% ahead of the current market price.
16239.0	2023-04-21 00:00:00 UTC	3 Ultra-Growth Stocks That Are Leading the Market Recovery	AAPL	https://www.nasdaq.com/articles/3-ultra-growth-stocks-that-are-leading-the-market-recovery	nan	nan	A sell-off in 2022 dragged down the stocks of countless companies, with consumer-reliant businesses hit the hardest after steep rises in the cost of living. However, easing inflation this year has put the market on a recovery path, with a few key stocks leading the way. Amazon (NASDAQ: AMZN), Walt Disney (NYSE: DIS), and Apple (NASDAQ: AAPL) have each enjoyed double-digit stock rises since Jan. 1, as seen in the chart below. Data by YCharts These companies dominate their respective industries, making them crucial to future market growth. With inflation improving on a monthly basis, now is an excellent time to consider investing in these stocks before they become a missed opportunity. 1. Amazon As a market leader in e-commerce, rises in inflation and reductions in consumer spending hit Amazon particularly hard last year. Its stock plunged nearly 50%, alongside its North American and international segments reporting operating losses totaling $10.6 billion in fiscal 2022. However, temporary losses don't diminish Amazon's position as an attractive growth stock, with the company expected to flourish over the long term. The e-commerce market hit a value of $4 trillion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.5%. That forecast would see the industry hit $6.4 trillion by 2027, with Amazon's leading market share likely to see the company profit significantly. In addition to e-commerce growth, the tech giant is home to a booming cloud business through its platform Amazon Web Services (AWS), which allows it to lean less on retail business amid economic downturns. In fact, AWS kept the company profitable in 2022, hitting $22.8 billion in operating income. Amazon stumbled last year, but its future is bright, and Wall Street is taking notice. Along with year-to-date stock growth, its average 12-month price target is 34% higher than its current position. And with that, Amazon is a must-buy right now. 2. Walt Disney Disney investors haven't had it easy in recent years, with the COVID-19 pandemic temporarily shuttering the company's cinema and theme parks businesses. Then, macroeconomic headwinds in 2022 made expanding the streaming market costly. The challenges meant the company's stock has decreased over the last five years by just under 1%. However, recent hurdles are unlikely to repeat, with Disney's 10-year stock growth of around 70% more indicative of what's to come. As the home of potent brands such as Marvel, Star Wars, Pixar, and Walt Disney Studios, the entertainment giant has compelling ways to attract consumers to its parks, streaming content, and box office offerings. Meanwhile, Disney CEO Bob Iger plans to cut costs by $5.5 billion, with the majority of savings driven by reductions in content spending. The move is a positive step as it works to make its flagship streaming service, Disney+, profitable by 2024. Disney is on a growth path, with its average 12-month price target of $128.50 projecting a 29% stock rise. The company has been a key player in the market's recovery this year and will likely continue leading the way for years to come. 3. Apple Apple has proved its resilience and stability over the last year. Its stock has seen the highest year-to-date rise on this list while also experiencing the lowest decline in 2022, as shown in the table below. Data by YCharts The company's strength mainly stems from its leading market shares in multiple areas of consumer tech, such as smartphones, tablets, smartwatches, and headphones. Alongside winning hardware, Apple is home to a thriving digital services business that has strengthened its earnings by lessening its dependency on iPhone sales. For instance, in fiscal 2022, services revenue growth hit 14%, double the growth in its iPhone segment. As the world's most valuable company by market cap, Apple plays a pivotal role in the market's health. The company's low volatility propped up the market last year, with its 27% rise since Jan. 1 leading its recovery in 2023. As a result, the tech giant is one of the most reliable investments out there and an ultra-growth stock worth considering. 10 stocks we like better than Amazon.com 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 Amazon.com 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 April 10, 2023 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 Amazon.com, Apple, 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.	Amazon (NASDAQ: AMZN), Walt Disney (NYSE: DIS), and Apple (NASDAQ: AAPL) have each enjoyed double-digit stock rises since Jan. 1, as seen in the chart below. As the home of potent brands such as Marvel, Star Wars, Pixar, and Walt Disney Studios, the entertainment giant has compelling ways to attract consumers to its parks, streaming content, and box office offerings. Data by YCharts The company's strength mainly stems from its leading market shares in multiple areas of consumer tech, such as smartphones, tablets, smartwatches, and headphones.	Amazon (NASDAQ: AMZN), Walt Disney (NYSE: DIS), and Apple (NASDAQ: AAPL) have each enjoyed double-digit stock rises since Jan. 1, as seen in the chart below. Amazon As a market leader in e-commerce, rises in inflation and reductions in consumer spending hit Amazon particularly hard last year. That forecast would see the industry hit $6.4 trillion by 2027, with Amazon's leading market share likely to see the company profit significantly.	Amazon (NASDAQ: AMZN), Walt Disney (NYSE: DIS), and Apple (NASDAQ: AAPL) have each enjoyed double-digit stock rises since Jan. 1, as seen in the chart below. However, temporary losses don't diminish Amazon's position as an attractive growth stock, with the company expected to flourish over the long term. See the 10 stocks *Stock Advisor returns as of April 10, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.	Amazon (NASDAQ: AMZN), Walt Disney (NYSE: DIS), and Apple (NASDAQ: AAPL) have each enjoyed double-digit stock rises since Jan. 1, as seen in the chart below. Amazon As a market leader in e-commerce, rises in inflation and reductions in consumer spending hit Amazon particularly hard last year. Along with year-to-date stock growth, its average 12-month price target is 34% higher than its current position.
16240.0	2023-04-21 00:00:00 UTC	Wall St Week Ahead-Tech earnings to test markets' 'most crowded' trade	AAPL	https://www.nasdaq.com/articles/wall-st-week-ahead-tech-earnings-to-test-markets-most-crowded-trade	nan	nan	By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. U.S. technology stocks are currently the "most crowded" trade in the market, fund managers surveyed by BofA Global Research said, as investors pile into megacaps thinking the Federal Reserve will soon stop tightening monetary policy and that the sector will remain resilient as growth slows. Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. Apple and Microsoft, up 27% and 19% this year, respectively, together accounted for nearly half of the S&P 500's .SPXtotal advance through March, according to S&P Dow Jones Indices. The index is up around 7.5% year-to-date. Whether that rally continues could depend on companies beating already-lowered first-quarter estimates. Technology earnings are seen falling 14.4%. Communication services companies, including Meta Platforms Inc META.O and Alphabet Inc GOOGL.O, are expected to post declines of 12%, according to Refinitiv data. After steep declines in 2022, "this is a group that was an underweight for a number of people and now you're seeing some of the momentum take off," said Jason Draho, head of asset allocation Americas at UBS. Earnings will show "whether this is really a safe haven if you are worried about recession." Alphabet and Microsoft are expected to report their results on April 25, followed by Apple on May 4. Amazon, part of the consumer discretionary sector, is expected to announce results on April 27. Tesla shares fell nearly 10% after missing earnings estimates on April 19. Companies will likely use earnings reports over the next several weeks to announce further plans for layoffs, which could bolster margins ahead of a recession and make their shares more attractive, said Robert Stimpson, co-chief investment officer and portfolio manager for Oak Associates Funds. Alphabet in January announced 12,000 job cuts, followed by Amazon in March with 9,000 cuts, and others that bring the total to 27,000 layoffs over recent months. "Tech corrected very hard last year and it's already discounted for some sort of recession, given that it has accepted that it has to cut headcount and retrench a little bit," said Stimpson. "It's an industry that is accepting its medicine." Stimpson is overweight technology and cutting back on his energy exposure in anticipation of a recession. However, signs of improving profitability could power "another leg up" in the rally, said Tom Plumb, portfolio manager of the Plumb Funds, who has large positions in Nvidia Corp NVDA.O and Apple. Nvidia shares are up more than 90% this year. "We paid the penalty for holding on to a number of these stocks last year," Plumb said. "In today's market growth is something that people think will be a challenge and if you can identify growth you'll be rewarded." Still, gains could fizzle if the Fed does not cut interest rates this year, as widely expected. While the central bank has projected borrowing costs will stay around current levels until year end, investors are pricing rate cuts after the summer. Elevated rates would likely weigh heavily on technology valuations, which have soared since the year began, said Max Wasserman, senior portfolio manager at Miramar Capital. Growth stocks are especially vulnerable to high borrowing costs, which threaten to erode the value of their longer-term cash flows. Apple is trading at a forward price-to-earnings ratio of 26.5, while Microsoft's ratio is 27.4, compared to 18 for the S&P 500. "You're seeing extremely high multiples in a rising interest rates environment because the market is betting the Fed will reverse its policies," he said. "We think it's a faulty assumption and the risk-reward is not in your favor." US tech stocks regain some lost groundhttps://tmsnrt.rs/40n0y5m (Reporting by David Randall; Editing by Ira Iosebashvili and Richard Chang) ((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.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. U.S. technology stocks are currently the "most crowded" trade in the market, fund managers surveyed by BofA Global Research said, as investors pile into megacaps thinking the Federal Reserve will soon stop tightening monetary policy and that the sector will remain resilient as growth slows.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. Alphabet and Microsoft are expected to report their results on April 25, followed by Apple on May 4.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. Companies will likely use earnings reports over the next several weeks to announce further plans for layoffs, which could bolster margins ahead of a recession and make their shares more attractive, said Robert Stimpson, co-chief investment officer and portfolio manager for Oak Associates Funds.	Rallies in stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O and Tesla IncTSLA.O have helped sustain broader indexes in the face of recession worries and last month's banking crisis sparked by the collapse of Silicon Valley Bank and Signature Bank. By David Randall NEW YORK, April 21 (Reuters) - A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. Alphabet and Microsoft are expected to report their results on April 25, followed by Apple on May 4.
16241.0	2023-04-21 00:00:00 UTC	Apple (NASDAQ:AAPL) Stock: Here’s What Technical Indicators Reveal	AAPL	https://www.nasdaq.com/articles/apple-nasdaq%3Aaapl-stock%3A-heres-what-technical-indicators-reveal	nan	nan	Shares of top technology companies, including Apple (NASDAQ:AAPL), witnessed a rebound in 2023 as inflation continued to moderate, signaling that the Fed could pause the rapid interest rate hike. Apple stock has gained over 28% year-to-date, outperforming the NASDAQ 100 Index (NDX) and the S&P 500 Index (SPX). While AAPL stock outperformed the broader markets, its technical indicators show a bullish signal, implying further upside from current levels. As per our easy-to-understand technical analysis tool, AAPL stock is in an uptrend. Its 50-Day EMA (exponential moving average) is 156.64, while its price is $166.65.3, implying a bullish signal. Further, its shorter-duration EMA (20 days) also signals an uptrend. Thanks to the recent recovery in AAPL’s share price, its RSI (Relative Strength Index) increased to 66.3. However, it still doesn’t signal an overbought condition. While Apple stock is in an uptrend, it could face immediate resistance at $172 (based on Pivot Points). Further, AAPL stock has a swing high near $176, which could offer further resistance. (See the graph below.) What’s the Prediction for AAPL Stock? Overall, AAPL is a Buy based on our summary signals (which combine the moving averages and the technical indicators to provide a summarized signal). The near-term pressure on consumer spending could impact Apple’s hardware sales. However, its strong competitive positioning in the smartphone market, momentum in the Services segment, which delivered record revenues in Q1, growing paid subscriptions, and a base of over 2 billion active devices provide a solid foundation for long-term revenue and earnings growth. AAPL stock has a Strong Buy Consensus rating based on 24 Buys, four Holds, and one Sell. These analysts’ average price target of $174.86 implies a limited 4.93% upside potential. Furthermore, AAPL stock has a maximum Smart Score of “Perfect 10” on TipRanks. Bottom Line With a bullish signal from technical indicators, analysts, and Smart Score, AAPL stock could outperform the broader market averages. Its solid business, led by strong demand for its products and services, bodes well for long-term growth. Disclosure 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 top technology companies, including Apple (NASDAQ:AAPL), witnessed a rebound in 2023 as inflation continued to moderate, signaling that the Fed could pause the rapid interest rate hike. While AAPL stock outperformed the broader markets, its technical indicators show a bullish signal, implying further upside from current levels. Bottom Line With a bullish signal from technical indicators, analysts, and Smart Score, AAPL stock could outperform the broader market averages.	While AAPL stock outperformed the broader markets, its technical indicators show a bullish signal, implying further upside from current levels. AAPL stock has a Strong Buy Consensus rating based on 24 Buys, four Holds, and one Sell. Bottom Line With a bullish signal from technical indicators, analysts, and Smart Score, AAPL stock could outperform the broader market averages.	While AAPL stock outperformed the broader markets, its technical indicators show a bullish signal, implying further upside from current levels. Overall, AAPL is a Buy based on our summary signals (which combine the moving averages and the technical indicators to provide a summarized signal). Bottom Line With a bullish signal from technical indicators, analysts, and Smart Score, AAPL stock could outperform the broader market averages.	Bottom Line With a bullish signal from technical indicators, analysts, and Smart Score, AAPL stock could outperform the broader market averages. Shares of top technology companies, including Apple (NASDAQ:AAPL), witnessed a rebound in 2023 as inflation continued to moderate, signaling that the Fed could pause the rapid interest rate hike. While AAPL stock outperformed the broader markets, its technical indicators show a bullish signal, implying further upside from current levels.
16242.0	2023-04-21 00:00:00 UTC	Guru Fundamental Report for AAPL - Warren Buffett	AAPL	https://www.nasdaq.com/articles/guru-fundamental-report-for-aapl-warren-buffett-23	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 Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio 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.
16243.0	2023-04-20 00:00:00 UTC	Prediction: These Will Be 3 of the Most Valuable Stocks by 2050	AAPL	https://www.nasdaq.com/articles/prediction%3A-these-will-be-3-of-the-most-valuable-stocks-by-2050	nan	nan	The U.S. economy has evolved over the course of centuries. The industries that created the most value 100 years ago are not the same as the industries generating the most value today. For example, United States Steel became the world's first $1 billion company in 1901. But the world's largest company today is technology giant Apple, which has amassed a $2.6 trillion valuation. Which industries might drive the U.S. economy forward in the future, and how can investors benefit? Technologies like electric vehicles (EVs) and artificial intelligence (AI) are still in the very early stages of adoption, yet they hold significant potential as value creators. With that in mind, I predict the following three stocks will be among the world's most valuable by 2050. 1. Tesla Tesla (NASDAQ: TSLA) is the world's largest producer of electric vehicles (EVs), but its biggest opportunity might actually be elsewhere. Make no mistake, the EV market is set to be enormous with BloombergNEF projecting it could be worth $46 trillion by 2050, but Tesla is operating in other areas like artificial intelligence, which has the potential to dwarf that figure. Cathie Wood's Ark Investment Management thinks the technology could generate $90 trillion in enterprise value as soon as 2030, adding $200 trillion to global economic output. Tesla stock is the largest overall holding at Ark Investment Management for that reason. The firm thinks it could soar to $1,533 as soon as 2026 (from $185 as of this writing) which would value Tesla at $5.3 trillion. The basis for that prediction is the company's self-driving software, which could power a fleet of fully autonomous robotaxis in the future. Of course, AI is the force behind that technology. The value from autonomous car sales might overlap somewhat with the projected value of the EV market, because it's not clear what portion of miles will be driven by self-driving ride-hailing services, for example. On that note, Ark believes autonomous ride-sharing on its own could generate $14 trillion in enterprise value by 2027, and Tesla is already the leader by a wide margin with 2.7 million vehicles on the road collecting data today. But cars aren't the be-all and end-all of Tesla's business. It's applying AI in robotics, too, and its first mass-market product could be released by the end of this decade. It's called Optimus, a humanoid robot that could reshape the workforce by completing low-skilled jobs like manufacturing and manual labor. Tesla is worth $586 billion right now, making it the world's eighth-largest company. Given the sheer value of its opportunities ahead, there's a clear case for it catapulting its way up the rankings between now and 2050. 2. Microsoft Microsoft (NASDAQ: MSFT) might be the most conservative pick of this bunch, given it's the second-largest company in the world today with a valuation of $2.2 trillion. And that's nothing new -- it has been at the forefront of the technology sector for the last four decades, and it's setting itself up to lead the next few decades, too. Innovation is the key to longevity, and that's true now more than ever given the sheer pace with which technology is advancing. Microsoft started in software development and its early products like the Windows operating system and Microsoft Word word processor are still used by billions of people today. But the company has never stopped producing globally recognized brands, and it's now a leading force in other industries. Those include gaming thanks to its Xbox console and digital ecosystem, and cloud computing where its Azure platform helps businesses operate in an increasingly online world. The future might be built with artificial intelligence, though, and Microsoft has latched itself to one of the leading companies in the space. It's called OpenAI, and it's responsible for developing the ChatGPT online chatbot, which is powered by generative AI. I mentioned earlier that Ark Invest predicts the industry could be worth $90 trillion in the future; well, the technological benchmarks at the foundation of that estimate were set by ChatGPT. Microsoft has already integrated ChatGPT into its Bing search engine in an attempt to snatch traffic away from Alphabet's Google, which currently holds a 93%global marketshare. Microsoft thinks every percentage of share it wins could be worth $2 billion in annual revenue. I happen to believe Microsoft could be the world's first-ever $5 trillion company by 2030 on the back of its investments in AI, and there's a great chance it'll continue creating enormous amounts of value through 2050. 3. Uber Technologies This pick is definitely the long shot of this group, because Uber Technologies (NYSE: UBER) is worth just $63 billion today. To become one of the largest companies by 2050 it will likely have to amass a market capitalization well into the trillions of dollars -- but it does have a pathway to get there. Most consumers know Uber for its ride-hailing (mobility) and food delivery services. In fact, customers booked $115 billion in services on Uber in 2022, and by the end of the year, 131 million people were using its platforms each month. As I touched on in the Tesla section, ride hailing is set for a transformation thanks to autonomous vehicles. Uber was an early leader in this space before exiting due to a series of missteps, but that changed in 2022 when it inked a 10-year deal with Motional. That company is a joint venture between South Korean car giant Hyundai and a technology company called Aptiv, and together, they've developed a promising robotaxi program. Uber was the missing ingredient to Motional's success -- by plugging its substantial customer base into Motional, the combined companies are set to operate the largest network of autonomous robotaxis in the world. Now, Uber sits front and center as this new industry potentially creates trillions of dollars in value in the coming years. But that's not all. The company is also working on a commercial delivery platform called Uber Freight. It has already amassed over 200,000 users and manages $17 billion in freight, but it's eyeing a $4 trillion opportunity in the U.S. trucking logistics network alone. Uber has the expertise, the technology, and the scale to capture a sizable share of that value. Even if I'm wrong about Uber becoming one of the largest companies in the world by 2050, there's still potential for significant upside to its stock price based on the value of its opportunities. Find out why Tesla 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. Tesla 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 April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Apple, Microsoft, Tesla, and Uber Technologies. 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.	Make no mistake, the EV market is set to be enormous with BloombergNEF projecting it could be worth $46 trillion by 2050, but Tesla is operating in other areas like artificial intelligence, which has the potential to dwarf that figure. On that note, Ark believes autonomous ride-sharing on its own could generate $14 trillion in enterprise value by 2027, and Tesla is already the leader by a wide margin with 2.7 million vehicles on the road collecting data today. Those include gaming thanks to its Xbox console and digital ecosystem, and cloud computing where its Azure platform helps businesses operate in an increasingly online world.	But the world's largest company today is technology giant Apple, which has amassed a $2.6 trillion valuation. Tesla Tesla (NASDAQ: TSLA) is the world's largest producer of electric vehicles (EVs), but its biggest opportunity might actually be elsewhere. Uber was the missing ingredient to Motional's success -- by plugging its substantial customer base into Motional, the combined companies are set to operate the largest network of autonomous robotaxis in the world.	But the world's largest company today is technology giant Apple, which has amassed a $2.6 trillion valuation. Microsoft Microsoft (NASDAQ: MSFT) might be the most conservative pick of this bunch, given it's the second-largest company in the world today with a valuation of $2.2 trillion. Uber Technologies This pick is definitely the long shot of this group, because Uber Technologies (NYSE: UBER) is worth just $63 billion today.	But the world's largest company today is technology giant Apple, which has amassed a $2.6 trillion valuation. Tesla Tesla (NASDAQ: TSLA) is the world's largest producer of electric vehicles (EVs), but its biggest opportunity might actually be elsewhere. The Motley Fool has positions in and recommends Alphabet, Apple, Microsoft, Tesla, and Uber Technologies.
16244.0	2023-04-20 00:00:00 UTC	Walmart shareholder meeting to hold votes on workplace safety, China risk	AAPL	https://www.nasdaq.com/articles/walmart-shareholder-meeting-to-hold-votes-on-workplace-safety-china-risk	nan	nan	By Siddharth Cavale NEW YORK, April 20 (Reuters) - Walmart Inc WMT.N shareholders will be asked to vote on a number of new proposals including revealing its exposure to China and conducting an independent review of its safety practices related to gun violence at its annual general meeting next month, a securities filing on Thursday showed. Investors will have until the end of May 30 to vote on eight shareholder proposals, the company filing said, two more than the number of proposals filed last year. The National Legal and Policy Center, a conservative group, urged Walmart to "report annually to shareholders on the nature and extent to which corporate operations depend on, and are vulnerable to, Communist China, which is a serial human rights violator, a geopolitical threat, and an adversary to the United States." The proposal, which termed doing business with China "controversial, if not dangerous," was similar to its failed proposal at Apple AAPL.O and comes at a time of deteriorating U.S.-China relations - the worst since the countries established diplomatic relations in 1979, according to many analysts. Walmart asked shareholders to vote against the proposal, saying it believed the request for an "open-ended" annual report was "unwarranted," and that it has been transparent in reporting key business risks and following human rights policies. Walmart does not break out sales in China, where it operates nearly 400 stores and clubs. It recently noted that it "still thinks it has a lot of runway" in the country. The late Thursday filing also revealed a proposal from a Walmart worker, Cynthia Murray, who asked the company to "conduct a third-party, independent review" of the impact its policies and practices have on workplace violence. Murray urged Walmart to review its existing workplace safety plans following a mass shooting incident in November at a store in Chesapeake, Virginia, where seven people were killed. Walmart in response said such a report would not help uphold its commitment to protecting the health and safety of its associates and urged shareholders to vote against it. The two new proposals are among eight resolutions that challenge Walmart on other issues including reproductive rights and data privacy. But with about 50% of Walmart's stock controlled by the Walton family, the bar for any effort to win a majority of investor support is high. (Reporting by Siddharth Cavale in New York Editing by Chris Reese and Deepa Babington) ((siddharth.cavale@thomsonreuters.com; Cell: +1 646-288-4330;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The proposal, which termed doing business with China "controversial, if not dangerous," was similar to its failed proposal at Apple AAPL.O and comes at a time of deteriorating U.S.-China relations - the worst since the countries established diplomatic relations in 1979, according to many analysts. By Siddharth Cavale NEW YORK, April 20 (Reuters) - Walmart Inc WMT.N shareholders will be asked to vote on a number of new proposals including revealing its exposure to China and conducting an independent review of its safety practices related to gun violence at its annual general meeting next month, a securities filing on Thursday showed. The National Legal and Policy Center, a conservative group, urged Walmart to "report annually to shareholders on the nature and extent to which corporate operations depend on, and are vulnerable to, Communist China, which is a serial human rights violator, a geopolitical threat, and an adversary to the United States."	The proposal, which termed doing business with China "controversial, if not dangerous," was similar to its failed proposal at Apple AAPL.O and comes at a time of deteriorating U.S.-China relations - the worst since the countries established diplomatic relations in 1979, according to many analysts. By Siddharth Cavale NEW YORK, April 20 (Reuters) - Walmart Inc WMT.N shareholders will be asked to vote on a number of new proposals including revealing its exposure to China and conducting an independent review of its safety practices related to gun violence at its annual general meeting next month, a securities filing on Thursday showed. The late Thursday filing also revealed a proposal from a Walmart worker, Cynthia Murray, who asked the company to "conduct a third-party, independent review" of the impact its policies and practices have on workplace violence.	The proposal, which termed doing business with China "controversial, if not dangerous," was similar to its failed proposal at Apple AAPL.O and comes at a time of deteriorating U.S.-China relations - the worst since the countries established diplomatic relations in 1979, according to many analysts. By Siddharth Cavale NEW YORK, April 20 (Reuters) - Walmart Inc WMT.N shareholders will be asked to vote on a number of new proposals including revealing its exposure to China and conducting an independent review of its safety practices related to gun violence at its annual general meeting next month, a securities filing on Thursday showed. The National Legal and Policy Center, a conservative group, urged Walmart to "report annually to shareholders on the nature and extent to which corporate operations depend on, and are vulnerable to, Communist China, which is a serial human rights violator, a geopolitical threat, and an adversary to the United States."	The proposal, which termed doing business with China "controversial, if not dangerous," was similar to its failed proposal at Apple AAPL.O and comes at a time of deteriorating U.S.-China relations - the worst since the countries established diplomatic relations in 1979, according to many analysts. Walmart asked shareholders to vote against the proposal, saying it believed the request for an "open-ended" annual report was "unwarranted," and that it has been transparent in reporting key business risks and following human rights policies. The late Thursday filing also revealed a proposal from a Walmart worker, Cynthia Murray, who asked the company to "conduct a third-party, independent review" of the impact its policies and practices have on workplace violence.
16245.0	2023-04-20 00:00:00 UTC	ANALYSIS-Elon Musk pins hopes on full self-driving as Tesla's next profit driver	AAPL	https://www.nasdaq.com/articles/analysis-elon-musk-pins-hopes-on-full-self-driving-as-teslas-next-profit-driver-0	nan	nan	By Hyunjoo Jin and Akash Sriram April 20 (Reuters) - Elon Musk is counting on full-self driving and other new technologies and vehicles at Tesla Inc TSLA.O to provide the "wow factor" that will continue to drive the electric carmaker's value far beyond its automotive rivals. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software. "Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic," said David Trainer, CEO ofinvestment researchfirm New Constructs. "The Tesla bull case has centered around the company's growth goals, which it is failing to meet." Tesla's stock, which closed off 9.75% at $162.99 on Thursday, is trading at about 43 times expected earnings, down from astronomical levels above 200 times in 2021, according to Refinitiv data. Even after that drop, the company's valuation remains several times higher than the multiples of legacy carmakers, with Ford Motor Co F.N trading at about 8 times expected earnings and General Motors Co GM.N trading at under 6. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. In the first quarter, Tesla posted its lowest quarterly gross profit margin in two years. "The market wants to see that Tesla management has a tangible plan to boost automotive gross margins and companywide operating profit margins over the coming quarters and in the next year or so," said Morningstar analyst Seth Goldstein. "I also think the market wants to see a growth plan that does not involve continuous price cuts." Musk brushed aside those fears on Wednesday, saying the company this year would likely achieve full self driving and that would be a big profit generator. Musk has missed his previous targets to achieve self-driving capability, dating back years. Tesla now sells the FSD software, which does not make the vehicle autonomous, for $15,000. That is almost a third of the roughly $47,000 current starting price of the base Model Y in the United States. "We're the only ones making cars that technically, we could sell for zero profit for now and then yield actually tremendous economics in the future through autonomy," he told analysts on a conference call on Wednesday. "I'm not sure how many people will appreciate the profundity of what I've just said, but it is extremely significant." GOLD STANDARD Skeptics remain over how soon Tesla will launch FSD. "This is a bit like the boy who cried wolf, except in our story the wolf would be a good thing that never seems to come," said Bryant Walker Smith, a law professor at the University of South Carolina who closely follows the development of advanced vehicle technologies. "It's not clear to me how that timetable in any way is consistent with the evidence we have seen," he added, describing the current version of FSD as "highly imperfect." Other key products expected from Tesla include the Cybertruck pickup later this year, as well as a lower-cost car that is expected in late 2024 or early 2025. Longer-term, Tesla believes robots could be a bigger profit generator than EVs. Evangelos Simoudis, a technology adviser, author and investor, believes Tesla may have “an even bigger opportunity” in energy generation and storage with its solar panels and Powerwall battery systems. Not only is Tesla viewed as the gold standard in the auto sector, but many see it as more of a tech stock. Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. “If you look at the growth rates for Tesla versus those companies, Tesla is growing its revenue significantly more than their EBITDA, and so we feel like it's incredibly compelling relative to those companies because you're paying not only a lower PE but also you get better growth,” said Gianarikas. Ultimately, some industry observers feel investors are betting more on the man than the models. "You're not investing in Tesla. You're investing in Elon Musk," said Kim Forrest, chief investment officer of Bokeh Capital Partners. For true believers in Musk and Tesla, their faith will remain intact even if FSD is not launched this year, said Will Rhind, CEO of GraniteShares, an asset manager in New York that offers exchange-traded funds (ETFs) allowing investors to bet either long or short on Tesla stock. "Potentially it never happens that the retail investor gives up the ghost," he said. Tesla's forward PE remains far below previous levelshttps://tmsnrt.rs/40oggNC BREAKINGVIEWS-Tesla can no longer succeed just on its own terms[BREAKINGVIEWS-Tesla can no longer succeed just on its own terms] Tesla shares sink as Musk's sales push by price cuts hurts margins BREAKINGVIEWS-Carmakers are poised for EV race to the bottom Musk says Tesla will put sales growth ahead of profit Musk says Tesla likely to launch full self-drive technology 'this year'[Musk says Tesla likely to launch full self-drive technology 'this year'] (Reporting by Hyunjoo Jin in San Francisco and Akash Sriram in Bengaluru Additional reporting by Nivedita Balu in Bengaluru, Paul Lienert and Ben Klayman in Detroit and Noel Randewich in Oakland, California Writing by Ben Klayman Editing by Matthew Lewis) ((benjamin.klayman@thomsonreuters.com; 313-600-2277; Reuters Messaging: benjamin.klayman.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.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software. "Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic," said David Trainer, CEO ofinvestment researchfirm New Constructs.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. By Hyunjoo Jin and Akash Sriram April 20 (Reuters) - Elon Musk is counting on full-self driving and other new technologies and vehicles at Tesla Inc TSLA.O to provide the "wow factor" that will continue to drive the electric carmaker's value far beyond its automotive rivals. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. “If you look at the growth rates for Tesla versus those companies, Tesla is growing its revenue significantly more than their EBITDA, and so we feel like it's incredibly compelling relative to those companies because you're paying not only a lower PE but also you get better growth,” said Gianarikas. For true believers in Musk and Tesla, their faith will remain intact even if FSD is not launched this year, said Will Rhind, CEO of GraniteShares, an asset manager in New York that offers exchange-traded funds (ETFs) allowing investors to bet either long or short on Tesla stock.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. Musk brushed aside those fears on Wednesday, saying the company this year would likely achieve full self driving and that would be a big profit generator.
16246.0	2023-04-20 00:00:00 UTC	Invest in Big Banks & Mega-Cap Tech with ETFs	AAPL	https://www.nasdaq.com/articles/invest-in-big-banks-mega-cap-tech-with-etfs	nan	nan	(0:30) - Breaking Down The Recent Banking Earnings Results (4:45) - Will The Big Banks Continue To Perform Well? (11:00) - What Should Investors Expect From The Technology Giants Earnings? (15:50) - The Roundhill BIG Tech ETF: BIGT (21:00) - The Roundhill Ball Metaverse ETF: METV Podcast@Zacks.com In this episode of ETF Spotlight, I speak with David Mazza, Chief Strategy Officer at Roundhill Investments, about new ETFs that offer concentrated offers to the largest and most liquid banks and tech companies. Recent results reported by big banks revealed that these companies are doing quite well thus far and have actually benefited from recent turbulence in the industry. They profited from higher rates, as well as the migration of money from smaller banks to "too big to fail" banks. The Roundhill Big Bank ETF BIGB holds equally weighted positions in just six big banks: JPMorgan Chase JPM, Bank of America BAC, Citigroup C, Goldman Sachs GS, Morgan Stanley MS and Wells Fargo WFC. Other bank ETFs have significant exposure to regional banks, custody banks, and other institutions. Investors' attention will now turn to the quarterly results of tech giants. The largest US tech companies have seen their stocks surge this year, and lackluster reports could dampen the mood. The Roundhill BIG Tech ETF BIGT invests in five mega-cap tech companies: Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, and Meta Platforms META. The provider believes that these giants driving technological innovation across Cloud, Artificial Intelligence, and the Metaverse, will continue to outperform smaller companies. Roundhill plans to expand the “BIG” product suite in the coming months with ETFs focusing on the largest companies within some other industries. Tune in to the podcast to learn more. Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com. 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Morgan Stanley (MS) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Roundhill BIG Bank ETF (BIGB): ETF Research Reports Roundhill BIG Tech ETF (BIGT): 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.	The Roundhill BIG Tech ETF BIGT invests in five mega-cap tech companies: Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, and Meta Platforms META. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Morgan Stanley (MS) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Roundhill BIG Bank ETF (BIGB): ETF Research Reports Roundhill BIG Tech ETF (BIGT): ETF Research Reports To read this article on Zacks.com click here. The provider believes that these giants driving technological innovation across Cloud, Artificial Intelligence, and the Metaverse, will continue to outperform smaller companies.	The Roundhill BIG Tech ETF BIGT invests in five mega-cap tech companies: Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, and Meta Platforms META. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Morgan Stanley (MS) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Roundhill BIG Bank ETF (BIGB): ETF Research Reports Roundhill BIG Tech ETF (BIGT): ETF Research Reports To read this article on Zacks.com click here. The Roundhill Big Bank ETF BIGB holds equally weighted positions in just six big banks: JPMorgan Chase JPM, Bank of America BAC, Citigroup C, Goldman Sachs GS, Morgan Stanley MS and Wells Fargo WFC.	Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Morgan Stanley (MS) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Roundhill BIG Bank ETF (BIGB): ETF Research Reports Roundhill BIG Tech ETF (BIGT): ETF Research Reports To read this article on Zacks.com click here. The Roundhill BIG Tech ETF BIGT invests in five mega-cap tech companies: Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, and Meta Platforms META. (15:50) - The Roundhill BIG Tech ETF: BIGT (21:00) - The Roundhill Ball Metaverse ETF: METV Podcast@Zacks.com In this episode of ETF Spotlight, I speak with David Mazza, Chief Strategy Officer at Roundhill Investments, about new ETFs that offer concentrated offers to the largest and most liquid banks and tech companies.	Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Morgan Stanley (MS) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Roundhill BIG Bank ETF (BIGB): ETF Research Reports Roundhill BIG Tech ETF (BIGT): ETF Research Reports To read this article on Zacks.com click here. The Roundhill BIG Tech ETF BIGT invests in five mega-cap tech companies: Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, and Meta Platforms META. (11:00) - What Should Investors Expect From The Technology Giants Earnings?
16247.0	2023-04-20 00:00:00 UTC	Most Interesting New ETFs of Q1 2023	AAPL	https://www.nasdaq.com/articles/most-interesting-new-etfs-of-q1-2023	nan	nan	Continued market turbulence has impacted ETF inflows and launches in 2023. About 80 new ETFs have been introduced this year so far, while closures continue to rise. In this video, we highlight some of the most unique and interesting ETFs that made their debut in the first quarter. Subversive Capital in partnership with Unusual Whales launched two ETFs that allow investors to trade like members of Congress. Reports show members of Congress outperformed the S&P 500 Index in 2021 and 2022, and many believe that lawmakers have more information than the rest of us. The Unusual Whales Subversive Democratic ETF NANC and Republican ETF KRUZ are actively managed and come with an expense ratio of 0.75% each. Microsoft MSFT and AAPL AAPL are the top holdings in NANC while energy companies get top spots in KRUZ. Tuttle Capital Management introduced two new ETFs that let investors bet on and against CNBC personality Jim Cramer. Both ETFs will be actively managed and charge an expense ratio of 1.2% each. The Long Cramer Tracker ETF LJIM seeks to replicate the performance of investments recommended by Cramer. Meta Platforms META and AMD AMD are among the top holdings. The Inverse Cramer Tracker ETF SJIM holds short positions in his stock picks like NVIDIA NVDA and Tesla TSLA. It also invests in securities he recommends against. Roundhill Investments launched an ETF that provides concentrated exposure to the six largest US banks, using swaps as well as equities. According to the provider, individuals and institutions alike are migrating banking relationships to biggest banks that are deemed too big to fail, in the wake of banking crisis. The BIG Bank ETF BIGB has expense ratio of 0.29%. Horizon Kinetics launched an ETF that employs a dual mandate of holding companies that produce carbon-based energy as well as those developing technologies that can alleviate the negative environmental impacts of hydrocarbons. The Horizon Kinetics Energy and Remediation ETF NVIR has an expense ratio of 0.85%. To learn more, please watch the short video above. 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 Apple Inc. (AAPL) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Unusual Whales Subversive Democratic Trading ETF (NANC): ETF Research Reports Unusual Whales Subversive Republican Trading ETF (KRUZ): ETF Research Reports Horizon Kinetics Energy and Remediation ETF (NVIR): ETF Research Reports Long Cramer Tracker ETF (LJIM): ETF Research Reports Inverse Cramer Tracker ETF (SJIM): ETF Research Reports Roundhill BIG Bank ETF (BIGB): 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.	Microsoft MSFT and AAPL AAPL are the top holdings in NANC while energy companies get top spots in KRUZ. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Unusual Whales Subversive Democratic Trading ETF (NANC): ETF Research Reports Unusual Whales Subversive Republican Trading ETF (KRUZ): ETF Research Reports Horizon Kinetics Energy and Remediation ETF (NVIR): ETF Research Reports Long Cramer Tracker ETF (LJIM): ETF Research Reports Inverse Cramer Tracker ETF (SJIM): ETF Research Reports Roundhill BIG Bank ETF (BIGB): ETF Research Reports To read this article on Zacks.com click here. The Inverse Cramer Tracker ETF SJIM holds short positions in his stock picks like NVIDIA NVDA and Tesla TSLA.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Unusual Whales Subversive Democratic Trading ETF (NANC): ETF Research Reports Unusual Whales Subversive Republican Trading ETF (KRUZ): ETF Research Reports Horizon Kinetics Energy and Remediation ETF (NVIR): ETF Research Reports Long Cramer Tracker ETF (LJIM): ETF Research Reports Inverse Cramer Tracker ETF (SJIM): ETF Research Reports Roundhill BIG Bank ETF (BIGB): ETF Research Reports To read this article on Zacks.com click here. Microsoft MSFT and AAPL AAPL are the top holdings in NANC while energy companies get top spots in KRUZ. The Unusual Whales Subversive Democratic ETF NANC and Republican ETF KRUZ are actively managed and come with an expense ratio of 0.75% each.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Unusual Whales Subversive Democratic Trading ETF (NANC): ETF Research Reports Unusual Whales Subversive Republican Trading ETF (KRUZ): ETF Research Reports Horizon Kinetics Energy and Remediation ETF (NVIR): ETF Research Reports Long Cramer Tracker ETF (LJIM): ETF Research Reports Inverse Cramer Tracker ETF (SJIM): ETF Research Reports Roundhill BIG Bank ETF (BIGB): ETF Research Reports To read this article on Zacks.com click here. Microsoft MSFT and AAPL AAPL are the top holdings in NANC while energy companies get top spots in KRUZ. The Unusual Whales Subversive Democratic ETF NANC and Republican ETF KRUZ are actively managed and come with an expense ratio of 0.75% each.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Unusual Whales Subversive Democratic Trading ETF (NANC): ETF Research Reports Unusual Whales Subversive Republican Trading ETF (KRUZ): ETF Research Reports Horizon Kinetics Energy and Remediation ETF (NVIR): ETF Research Reports Long Cramer Tracker ETF (LJIM): ETF Research Reports Inverse Cramer Tracker ETF (SJIM): ETF Research Reports Roundhill BIG Bank ETF (BIGB): ETF Research Reports To read this article on Zacks.com click here. Microsoft MSFT and AAPL AAPL are the top holdings in NANC while energy companies get top spots in KRUZ. The BIG Bank ETF BIGB has expense ratio of 0.29%.
16248.0	2023-04-20 00:00:00 UTC	ANALYSIS-Elon Musk pins hopes on full self-driving as Tesla's next profit driver	AAPL	https://www.nasdaq.com/articles/analysis-elon-musk-pins-hopes-on-full-self-driving-as-teslas-next-profit-driver	nan	nan	By Hyunjoo Jin and Akash Sriram April 20 (Reuters) - Elon Musk is counting on full-self driving and other new technologies and vehicles at Tesla Inc TSLA.O to provide the "wow factor" that will continue to drive the electric carmaker's value far beyond its automotive rivals. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software. "Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic," said David Trainer, CEO ofinvestment researchfirm New Constructs. "The Tesla bull case has centered around the company's growth goals, which it is failing to meet." Tesla's stock is trading at about 43 times expected earnings, down from astronomical levels above 200 times in 2021, according to Refinitiv data. Even after that drop, the company's valuation remains several times higher than the multiples of legacy carmakers, with Ford Motor Co F.N trading at about 8 times expected earnings and General Motors Co GM.N trading at under 6. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. In the first quarter, Tesla posted its lowest quarterly gross profit margin in two years. "The market wants to see that Tesla management has a tangible plan to boost automotive gross margins and companywide operating profit margins over the coming quarters and in the next year or so," said Morningstar analyst Seth Goldstein. "I also think the market wants to see a growth plan that does not involve continuous price cuts." Musk brushed aside those fears on Wednesday, saying the company this year would likely launch FSD, which costs $15,000, and which will be a big profit generator. That is almost a third of the roughly $47,000 current starting price of the base Model Y in the United States. Musk has missed his previous targets to achieve self-driving capability, dating back years. "We're the only ones making cars that technically, we could sell for zero profit for now and then yield actually tremendous economics in the future through autonomy," he told analysts on a conference call on Wednesday. "I'm not sure how many people will appreciate the profundity of what I've just said, but it is extremely significant." GOLD STANDARD Skeptics remain over how soon Tesla will launch FSD. "This is a bit like the boy who cried wolf, except in our story the wolf would be a good thing that never seems to come," said Bryant Walker Smith, a law professor at the University of South Carolina who closely follows the development of advanced vehicle technologies. "It's not clear to me how that timetable in any way is consistent with the evidence we have seen," he added, describing the current version of FSD as "highly imperfect." Other key products expected from Tesla include the Cybertruck pickup later this year, as well as a lower-cost car that is expected in late 2024 or early 2025. Longer-term, Tesla believes robots could be a bigger profit generator than EVs. Evangelos Simoudis, a technology adviser, author and investor, believes Tesla may have “an even bigger opportunity” in energy generation and storage with its solar panels and Powerwall battery systems. Not only is Tesla viewed as the gold standard in the auto sector, but many see it as more of a tech stock. Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. “If you look at the growth rates for Tesla versus those companies, Tesla is growing its revenue significantly more than their EBITDA, and so we feel like it's incredibly compelling relative to those companies because you're paying not only a lower PE but also you get better growth,” said Gianarikas. Ultimately, some industry observers feel investors are betting more on the man than the models. "You're not investing in Tesla. You're investing in Elon Musk," said Kim Forrest, chief investment officer of Bokeh Capital Partners. For true believers in Musk and Tesla, their faith will remain intact even if FSD is not launched this year, said Will Rhind, CEO of GraniteShares, an asset manager in New York that offers exchange-traded funds (ETFs) allowing investors to bet either long or short on Tesla stock. "Potentially it never happens that the retail investor gives up the ghost," he said. Tesla's forward PE remains far below previous levelshttps://tmsnrt.rs/40oggNC BREAKINGVIEWS-Tesla can no longer succeed just on its own terms[BREAKINGVIEWS-Tesla can no longer succeed just on its own terms] Tesla shares sink as Musk's sales push by price cuts hurts margins BREAKINGVIEWS-Carmakers are poised for EV race to the bottom Musk says Tesla will put sales growth ahead of profit Musk says Tesla likely to launch full self-drive technology 'this year'[Musk says Tesla likely to launch full self-drive technology 'this year'] (Reporting by Hyunjoo Jin in San Francisco and Akash Sriram in Bengaluru Additional reporting by Nivedita Balu in Bengaluru, Paul Lienert and Ben Klayman in Detroit and Noel Randewich in Oakland, California Writing by Ben Klayman Editing by Matthew Lewis) ((benjamin.klayman@thomsonreuters.com; 313-600-2277; Reuters Messaging: benjamin.klayman.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.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software. "Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic," said David Trainer, CEO ofinvestment researchfirm New Constructs.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. By Hyunjoo Jin and Akash Sriram April 20 (Reuters) - Elon Musk is counting on full-self driving and other new technologies and vehicles at Tesla Inc TSLA.O to provide the "wow factor" that will continue to drive the electric carmaker's value far beyond its automotive rivals. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. “If you look at the growth rates for Tesla versus those companies, Tesla is growing its revenue significantly more than their EBITDA, and so we feel like it's incredibly compelling relative to those companies because you're paying not only a lower PE but also you get better growth,” said Gianarikas. For true believers in Musk and Tesla, their faith will remain intact even if FSD is not launched this year, said Will Rhind, CEO of GraniteShares, an asset manager in New York that offers exchange-traded funds (ETFs) allowing investors to bet either long or short on Tesla stock.	Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc GOOGL.O, Meta Platforms Inc META.O, Nvidia Corp NVDA.O, Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. Musk brushed aside those fears on Wednesday, saying the company this year would likely launch FSD, which costs $15,000, and which will be a big profit generator.
16249.0	2023-04-20 00:00:00 UTC	The Greatest 7 Blue-Chip Stocks to Buy for Your Portfolio	AAPL	https://www.nasdaq.com/articles/the-greatest-7-blue-chip-stocks-to-buy-for-your-portfolio	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips While the debate will certainly rage over which ideas legitimately rank as the greatest blue-chip stocks to buy of all time, for right now, certain enterprises stand out for a combination of their relevance and resilience. As well, a select few large-capitalization companies may be too undervalued and beaten down for their own good. Therefore, speculators may enjoy significant upside. To generate this list, I turned to the investment resource Gurufocus, specifically its screener function. Here, I filtered out the best blue-chip stocks to buy for quality and predictability. As well, I’ve incorporated analyst ratings provided by TipRanks so you know what the experts think. So, without any more delay, let’s take a deeper look at the “greatest” blue-chip stocks list. RACE Ferrari $275.22 AAPL Apple $167.72 SHW Sherwin-Williams $234.83 REGN Regeneron $803.62 NFLX Netflix $329.59 UNH UnitedHealth $489.56 PYPL PayPal $74.32 Ferrari (RACE) Source: Shutterstock While exotic car manufacturer Ferrari (NYSE:RACE) might seem an odd idea for the best blue-chip stocks to buy, in my view, it makes perfect sense. First, it’s a world-recognized brand with a market cap north of $51 billion. Second, it’s performed very well this year, gaining over 29% of equity value. In contrast, the benchmark S&P 500 index moved up just under 9% during the same period. Fundamentally, what makes RACE so special within this rarefied blue-chip stocks list focuses on economic insulation. Brewing headwinds against the consumer economy means that people are cutting back on their purchases, impacting once-resilient sectors like electric vehicles. However, Ferrari remains a powerful brand that constantly generates positive traction because it caters to a completely different wealth class. In other words, there’s rich and then there’s Ferrari rich. And Ferrari rich doesn’t worry about little things like interest rate hikes. They’re truly above it all. Not surprisingly, Wall Street analysts peg RACE as a consensus moderate buy. Their average price target comes out to $287.58, implying a bit over 3% upside potential. Apple (AAPL) Source: Shutterstock With consumer technology giant Apple (NASDAQ:AAPL), I shouldn’t encounter any pushback signaling it as one of the top blue-chip stocks to buy. Thanks to its market cap of $2.65 trillion, Apple basically represents its own powerhouse country. Plus, it continues to perform well, gaining 34% of equity value since the beginning of this year. Furthermore, it’s erased its trailing one-year loss, now staring at a slightly positive return. Fundamentally, Apple’s brand power impresses like nothing else. With mass layoffs and other pressures working against the consumer economy, you’d expect a discretionary player like Apple to suffer. However, the products are too compelling and perhaps too addictive to ignore. Financially, the company features strengths across the board. From a solid balance sheet to double-digit revenue growth to excellent profit margins, you can’t go wrong with AAPL on your blue-chip stocks list. Presently, analysts peg AAPL as a consensus strong buy. Their average price target comes out to $174.28, implying 4% upside potential. Sherwin-Williams (SHW) Source: Shutterstock A paint and coating manufacturing firm, Sherwin-Williams (NYSE:SHW) doesn’t exactly rank as one of the most exciting large-scale enterprises. However, a case can be made that it stands among the best blue-chip stocks to buy right now. Featuring everyday relevance, SHW can easily be an investment to build for the long run. Plus, its red ink this year may offer a discounted entry point. Financially, it doesn’t offer truly remarkable attributes. However, the company gets the job done. For example, it posts a competent three-year revenue growth rate of 9.8%. Again, not remarkable but it betas out 57.05% of companies listed in the chemicals sector. More importantly, Sherwin-Williams benefits from a consistently profitable enterprise. Its trailing-year operating margin pings at 13.55% while its net margin comes out to 9.12%. Both stats rank in the underlying sector’s upper half. Finally, analysts peg SHW as a consensus moderate buy. Their average price target lands at $253.71, implying nearly 9% upside potential. Regeneron Pharmaceuticals (REGN) Source: Shutterstock One of the companies that generated tremendous relevance during the worst of the Covid-19 crisis, Regeneron Pharmaceuticals (NASDAQ:REGN) no longer commands the spotlight like it once did when it contributed to restoring former President Donald Trump back to full health. Still, REGN deserves consideration on your blue-chip stocks list. While it no longer generates front-page news, it continues to research and develop new therapeutics. Even better, investors like what they’re seeing. Since the Jan. opener, REGN gained over 12% of its market value. Financially too, Regeneron attracts investors thanks to its rock-solid balance sheet, strong three-year sales trend, and an excellent profit margin of 35.64%. Notably, the market prices shares at a forward multiple of 19.23. As a discount to projected earnings, Regeneron ranks better than 71.43% of the competition. Therefore, it’s not only one of the top blue-chip stocks to buy, but it’s also one of the most undervalued. Lastly, analysts peg REGN as a consensus moderate buy. Their average price target comes out to $885, implying over 9% upside potential. Netflix (NFLX) Source: Shutterstock One of the trickier blue-chip stocks to buy, Netflix (NASDAQ:NFLX) carries significant clout as an entertainment stalwart. Obviously, during the worst of the pandemic, Netflix shot up the charts because it offered entertainment to quarantined consumers. However, as fears of the SARS-CoV-2 virus along with governmental restrictions faded away, the phenomenon of revenge travel took over. That left little room for Netflix to sustain its stratospheric growth. At the same time, NFLX stock has been mounting a credible comeback effort. In the trailing one-year period, it gained nearly 43% of its equity value. It still has some ways to go to reach its post-pandemic record highs. Nevertheless, with the consumer economy again struggling, the content streamer could get interesting as a cheap entertainment source. Financially, Netflix benefits from a solid balance sheet and strong operational stats. Notably, it’s a consistently profitable enterprise, featuring a trailing-year net margin of 14.21%. Turning to Wall Street, analysts peg NFLX as a consensus moderate buy. Their average price target stands at $362.37, implying over 12% upside potential. UnitedHealth Group (UNH) Source: Shutterstock Another tricky name to put on your blue-chip stocks list, UnitedHealth Group (NYSE:UNH) on the surface seems like a reasonable enterprise to choose. Sure, it might be a bit choppy. Since the Jan. opener, UNH lost over 6% of its equity value. In the past 365 days, it fell 11%. Nevertheless, as a managed healthcare and insurance giant, UnitedHealth appears resilient. However, one thing to keep in mind is that as layoffs accelerate, UnitedHealth may suffer a reduction in its total addressable market. With the alpha dogs in the business world announcing steep headcount reductions, you want to be careful with UNH. Still, at the end of the day, we’re talking about one of the best blue-chip stocks to buy. Financially, UnitedHealth posts solid strengths in the balance sheet. Operationally, it features a three-year book growth rate of 11.1%, outpacing 73.33% of its peers. Also, it features robust profitability with a net margin of 6.21%, above 79% of the competition. Looking to the Street, analysts peg UNH as a consensus strong buy. Their average price target stands at $602.38, implying nearly 24% upside potential. PayPal (PYPL) Source: Shutterstock Easily the riskiest idea on this list of top blue-chip stocks to buy, PayPal (NASDAQ:PYPL) is a powerhouse in the digital payments ecosystem. Fundamentally, it aligns with the burgeoning gig economy. Thanks to its intuitive business management ecosystem, it’s easy for gig workers (i.e. independent contractors) to get up and running. Also, the PayPal system keeps records of everything, making it convenient for tax-reporting purposes. However, it’s a tough sell for risk-averse investors. Since the beginning of this year, PYPL gained only 1%. In the trailing one-year period, it fell nearly 21%. Further, trading hands at a little over $75, we’re way off from the time that PYPL commanded a $300 price tag. But then, speculators wonder – could PYPL make another run to $300? If so, the underlying enterprise would easily rank as one of the best blue-chip stocks to buy. Financially, it has the right stuff, featuring decent stability in the balance sheet, solid revenue growth, and consistent profitability. Also, PayPal’s a quality enterprise, as evidenced by its return on equity of 11.78%. For the final word, analysts peg PYPL as a consensus moderate buy. Their average price target lands at $116.52, implying nearly 55% upside potential. On the date of publication, Josh Enomoto 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. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. The post The Greatest 7 Blue-Chip Stocks to Buy for Your Portfolio 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.	From a solid balance sheet to double-digit revenue growth to excellent profit margins, you can’t go wrong with AAPL on your blue-chip stocks list. RACE Ferrari $275.22 AAPL Apple $167.72 SHW Sherwin-Williams $234.83 REGN Regeneron $803.62 NFLX Netflix $329.59 UNH UnitedHealth $489.56 PYPL PayPal $74.32 Ferrari (RACE) Source: Shutterstock While exotic car manufacturer Ferrari (NYSE:RACE) might seem an odd idea for the best blue-chip stocks to buy, in my view, it makes perfect sense. Apple (AAPL) Source: Shutterstock With consumer technology giant Apple (NASDAQ:AAPL), I shouldn’t encounter any pushback signaling it as one of the top blue-chip stocks to buy.	RACE Ferrari $275.22 AAPL Apple $167.72 SHW Sherwin-Williams $234.83 REGN Regeneron $803.62 NFLX Netflix $329.59 UNH UnitedHealth $489.56 PYPL PayPal $74.32 Ferrari (RACE) Source: Shutterstock While exotic car manufacturer Ferrari (NYSE:RACE) might seem an odd idea for the best blue-chip stocks to buy, in my view, it makes perfect sense. Apple (AAPL) Source: Shutterstock With consumer technology giant Apple (NASDAQ:AAPL), I shouldn’t encounter any pushback signaling it as one of the top blue-chip stocks to buy. From a solid balance sheet to double-digit revenue growth to excellent profit margins, you can’t go wrong with AAPL on your blue-chip stocks list.	RACE Ferrari $275.22 AAPL Apple $167.72 SHW Sherwin-Williams $234.83 REGN Regeneron $803.62 NFLX Netflix $329.59 UNH UnitedHealth $489.56 PYPL PayPal $74.32 Ferrari (RACE) Source: Shutterstock While exotic car manufacturer Ferrari (NYSE:RACE) might seem an odd idea for the best blue-chip stocks to buy, in my view, it makes perfect sense. Apple (AAPL) Source: Shutterstock With consumer technology giant Apple (NASDAQ:AAPL), I shouldn’t encounter any pushback signaling it as one of the top blue-chip stocks to buy. From a solid balance sheet to double-digit revenue growth to excellent profit margins, you can’t go wrong with AAPL on your blue-chip stocks list.	RACE Ferrari $275.22 AAPL Apple $167.72 SHW Sherwin-Williams $234.83 REGN Regeneron $803.62 NFLX Netflix $329.59 UNH UnitedHealth $489.56 PYPL PayPal $74.32 Ferrari (RACE) Source: Shutterstock While exotic car manufacturer Ferrari (NYSE:RACE) might seem an odd idea for the best blue-chip stocks to buy, in my view, it makes perfect sense. Apple (AAPL) Source: Shutterstock With consumer technology giant Apple (NASDAQ:AAPL), I shouldn’t encounter any pushback signaling it as one of the top blue-chip stocks to buy. From a solid balance sheet to double-digit revenue growth to excellent profit margins, you can’t go wrong with AAPL on your blue-chip stocks list.
16250.0	2023-04-20 00:00:00 UTC	GoDaddy (GDDY) Adds Tap to Pay, Bolsters Payment Offerings	AAPL	https://www.nasdaq.com/articles/godaddy-gddy-adds-tap-to-pay-bolsters-payment-offerings	nan	nan	GoDaddy GDDY has integrated Apple's AAPL Tap to Pay into its free mobile app, allowing small businesses to accept contactless payments seamlessly just with an iPhone. The latest move removes the requirement of a dongle or a card reader for small entrepreneurs to accept contactless payments. Moreover, Apple’s Tap to Pay feature enables businesses to accept payments via contactless debit and credit cards, Apple Pay and other digital wallets. In order to get started with the latest feature, entrepreneurs just need to download the GoDaddy mobile app on a compatible iPhone and choose Tap to Pay. With the integration, GoDaddy is likely to witness strong momentum across small businesses as well as the growing adoption of its mobile app. This in turn will likely contribute to its revenues in the days ahead. GoDaddy Inc. Price and Consensus GoDaddy Inc. price-consensus-chart \| GoDaddy Inc. Quote Applications & Commerce Segment in Focus The latest move is in sync with GoDaddy’s deepening focus on providing user-friendly and connected commerce tools to businesses. It had added to the strength of the Applications & Commerce segment, which has become the cash cow of the company. In the fourth quarter of 2022, the segment generated $333.4 million (accounting for 32.1% of total revenues), up 10.9% on a year-over-year basis. The segment’s annualized recurring revenues were $1.3 billion, increasing 9% year over year. For 2023, the company expects the segment’s revenue growth to be in the band of 8% to 10%. We believe the company’s strong focus on bolstering the Application & Commerce segment is expected to contribute well to its overall performance, which in turn is likely to aid it in winning investors’ confidence going ahead. For 2023, management expects total revenues in the range of $4.250-$4.325 billion, suggesting growth of 5% at the midpoint from the year-ago reading. The Zacks Consensus Estimate for the same is pegged at $4.27 billion, indicating growth of 4.4% from 2022. The consensus mark of earnings for 2023 stands at $2.70 per share, implying growth of 22.2% from the previous year. Coming to the price performance, GDDY has gained 3.7% in the year-to-date period compared with the industry’s rise of 3.8%. Portfolio Strength: A Key Catalyst The latest move is in line with GoDaddy's focus on strengthening its overall portfolio offerings. GoDaddy also introduced a Small Business Generative AI Prompt Library, which is designed to provide small firms access to the same level of expertise and capability typically available to huge enterprises. Further, GoDaddy partnered with Fidelity National Information Services to launch Commerce 360, an all-in-one omnichannel solution, for supplying e-commerce items to small and medium-sized businesses. The solution will combine GoDaddy's simple business tools with Fidelity National's Worldpay payments capabilities. We believe that the growing portfolio offerings will continue to drive GoDaddy’s customer momentum in the days ahead. However, intensifying competition in the domain, hosting, and presence markets poses a threat. Further, mounting expenses owing to growing investments in technology and development remain concerns. Zacks Rank and Stocks to Consider Currently, GoDaddy carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the broader technology sector are Salesforce CRM and Arista Networks ANET. While Salesforce sports a Zacks Rank #1 (Strong Buy), Arista Network carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Salesforce has gained 44.4% in the year-to-date period. CRM’s long-term earnings growth rate is currently projected at 16.75%. Arista Networks has gained 34.4% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 14.17%. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold." Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. 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 Salesforce Inc. (CRM) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report GoDaddy Inc. (GDDY) : 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.	GoDaddy GDDY has integrated Apple's AAPL Tap to Pay into its free mobile app, allowing small businesses to accept contactless payments seamlessly just with an iPhone. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report GoDaddy Inc. (GDDY) : Free Stock Analysis Report To read this article on Zacks.com click here. We believe the company’s strong focus on bolstering the Application & Commerce segment is expected to contribute well to its overall performance, which in turn is likely to aid it in winning investors’ confidence going ahead.	GoDaddy GDDY has integrated Apple's AAPL Tap to Pay into its free mobile app, allowing small businesses to accept contactless payments seamlessly just with an iPhone. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report GoDaddy Inc. (GDDY) : Free Stock Analysis Report To read this article on Zacks.com click here. While Salesforce sports a Zacks Rank #1 (Strong Buy), Arista Network carries a Zacks Rank #2 (Buy) at present.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report GoDaddy Inc. (GDDY) : Free Stock Analysis Report To read this article on Zacks.com click here. GoDaddy GDDY has integrated Apple's AAPL Tap to Pay into its free mobile app, allowing small businesses to accept contactless payments seamlessly just with an iPhone. GoDaddy Inc. Price and Consensus GoDaddy Inc. price-consensus-chart \| GoDaddy Inc. Quote Applications & Commerce Segment in Focus The latest move is in sync with GoDaddy’s deepening focus on providing user-friendly and connected commerce tools to businesses.	GoDaddy GDDY has integrated Apple's AAPL Tap to Pay into its free mobile app, allowing small businesses to accept contactless payments seamlessly just with an iPhone. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report GoDaddy Inc. (GDDY) : Free Stock Analysis Report To read this article on Zacks.com click here. For 2023, the company expects the segment’s revenue growth to be in the band of 8% to 10%.
16251.0	2023-04-20 00:00:00 UTC	Have $1,000? 2 Explosive Growth Stocks to Buy and Hold No Matter What the Market Does Next	AAPL	https://www.nasdaq.com/articles/have-%241000-2-explosive-growth-stocks-to-buy-and-hold-no-matter-what-the-market-does-next	nan	nan	While no analyst or guru can say with exact accuracy when the ongoing volatility may abate, the market has proven its ability to ride out ups and downs and soar higher on the other side. For investors with the cash to put to work during all the market's mood swings, it's always a great time to buy more wonderful companies. Even if you have a more moderate amount like $1,000 to put into stocks at the moment, there are plenty of incredible companies to be bought. Here are two names to consider buying right now. 1. Vertex Pharmaceuticals Vertex Pharmaceuticals (NASDAQ: VRTX) has created a business with a track record of profitability and market leadership that is a stand-alone example in the highly competitive healthcare industry. Vertex is known for its leadership in the cystic fibrosis (CF) treatment space as it is the only company with drugs on the market that treat the underlying cause of this genetic disease. These drugs, known as CFTR modulators, are not only helping patients enjoy an enhanced quality of life, but in many cases, enabling them to live longer as well. Vertex has four of these drugs on the market, which have enabled the company to grow its revenue and profits by 44% and 23%, respectively, over the trailing three-year period alone. The company has also seen its operating cash flow expand by 27% in that same three-year period. It's estimated that there about 160,000 people globally have cystic fibrosis. Vertex's management estimates that about 88,000 of them are in North America, Australia, and Europe, its core target markets. Despite its long-standing market leadership, however, management believes that there are more than 20,000 cystic fibrosis patients who could benefit from its existing portfolio of drugs but aren't taking them. There are also roughly 5,000 CF patients who, due to their underlying mutation, can't take CFTR modulators. Vertex is working on a drug for them too, an mRNA-based candidate that it's developing with Moderna. Importantly, Vertex Pharmaceuticals is aggressively building out its pipeline in an effort to reduce its reliance on its profitable portfolio of CF drugs while seizing market share in other core segments of the rare disease drug industry. Among many promising candidates, the company's portfolio of stem cell-based therapies for Type 1 diabetes bears close watching. In the company's 2022earnings call CEO Reshma Kewalramani emphasized: "Our goal is to deliver a transformative, if not curative, therapy for the more than 2.5 million patients with Type 1 diabetes in North America and Europe." The company is also awaiting a potential approval that could happen as soon as this year now that it has completed regulatory submissions for exa-cel in the U.K., EU, and U.S. Exa-cel is a rare blood disorder therapy it developed with CRISPR Therapeutics, which has the potential to serve as a one-time functional cure for both sickle cell disease and transfusion-dependent beta thalassemia. This business isn't slowing down on its growth trajectory, and investors with the risk appetite to invest in the current market may want to scoop up some shares of this healthcare stock before long. 2. Apple Apple (NASDAQ: AAPL) has remained a relative bastion in the storm through the decades despite economic ups and downs. And while some investors may be focusing on recent reports that personal computer (PC) shipments declined by as much as 30% in the first three months of 2023, there's far more to focus on here when considering this company for a long-term buy-and-hold investment. While PC sales are certainly an important driver of Apple's revenue and profits, iPhones remain the No. 1 catalyst for both its top and bottom lines. Not only does Apple control a roughly 23% share of the $500 billion smartphone market, but the company generated $66 billion in iPhone sales in the first quarter of fiscal 2023 alone. It's also worth pointing out that in an environment where consumer capital is constrained and fears of a recession are still very real and present, it makes sense that expenditures on high-ticket items like PCs would be down. Even in an economy where consumer spending is uncertain, it's also important to note that in the most recent quarter Apple reached its highest number of installed devices globally in the company's history. It closed out the three-month period with 2 billion devices installed globally. Beyond iPhone sales, which accounted for more than half of Apple's sales in the most recent quarter, the company's services segment remains one of its fastest-growing. It delivered $21 billion toward the company's $117 billion in revenue in the three-month period. This is the segment that includes services like Apple Music and Apple TV+. Apple reported net income of $30 billion in the most recent quarter while closing out the period with a whopping $52 billion in cash and investments. But looking back over a much longer period, the last five years have seen the company grow its revenue, profits, and cash from operations by 131%, 170%, and 128%, respectively. This is one of those businesses you can buy and hold for a lifetime, and even a few years of economic volatility can't detract from this growth story. Find out why Vertex Pharmaceuticals 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. Vertex Pharmaceuticals 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 April 10, 2023 Rachel Warren has positions in Apple. The Motley Fool has positions in and recommends Apple, CRISPR Therapeutics, and Vertex Pharmaceuticals. The Motley Fool recommends Moderna. 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) has remained a relative bastion in the storm through the decades despite economic ups and downs. In the company's 2022earnings call CEO Reshma Kewalramani emphasized: "Our goal is to deliver a transformative, if not curative, therapy for the more than 2.5 million patients with Type 1 diabetes in North America and Europe." This business isn't slowing down on its growth trajectory, and investors with the risk appetite to invest in the current market may want to scoop up some shares of this healthcare stock before long.	Apple Apple (NASDAQ: AAPL) has remained a relative bastion in the storm through the decades despite economic ups and downs. Importantly, Vertex Pharmaceuticals is aggressively building out its pipeline in an effort to reduce its reliance on its profitable portfolio of CF drugs while seizing market share in other core segments of the rare disease drug industry. Beyond iPhone sales, which accounted for more than half of Apple's sales in the most recent quarter, the company's services segment remains one of its fastest-growing.	Apple Apple (NASDAQ: AAPL) has remained a relative bastion in the storm through the decades despite economic ups and downs. Vertex has four of these drugs on the market, which have enabled the company to grow its revenue and profits by 44% and 23%, respectively, over the trailing three-year period alone. Importantly, Vertex Pharmaceuticals is aggressively building out its pipeline in an effort to reduce its reliance on its profitable portfolio of CF drugs while seizing market share in other core segments of the rare disease drug industry.	Apple Apple (NASDAQ: AAPL) has remained a relative bastion in the storm through the decades despite economic ups and downs. Vertex has four of these drugs on the market, which have enabled the company to grow its revenue and profits by 44% and 23%, respectively, over the trailing three-year period alone. Apple reported net income of $30 billion in the most recent quarter while closing out the period with a whopping $52 billion in cash and investments.
16252.0	2023-04-20 00:00:00 UTC	Investing Your Tax Refund? These 2 Stocks Can Make the Most of Your Money	AAPL	https://www.nasdaq.com/articles/investing-your-tax-refund-these-2-stocks-can-make-the-most-of-your-money	nan	nan	Saving money amid inflation is difficult. But there is one way millions of Americans could be getting at least a one-time boost to their finances this year, and that's through an income tax refund. Many Americans are planning to save that money. But one way you can stretch that money even further is by investing it. While stocks may not seem like the safest places to put your money during the current bear market, there are a couple of relatively low-risk options to consider that can help set you up for some great gains in the future: Eli Lilly (NYSE: LLY) and Apple (NASDAQ: AAPL). 1. Eli Lilly One stock that could make the most of your investment is healthcare giant Eli Lilly. It pays a modest dividend yield of 1.2%, which is below the S&P 500 average of 1.7% and it may seem expensive, trading at 54 times its earnings. But this is a special stock to own, one that investors are willing to pay a big premium for because of its potential. For one thing, the company generates tons of free cash flow, which means there's plenty of money there to support a dividend plus invest in its long-term growth. LLY Free Cash Flow (Annual) data by YCharts Eli Lilly's payout ratio is a manageable 57% and there's room for the company to increase it as well; last year, Eli Lilly boosted its dividend by 15%. But the dividend is just a nice add-on, as what's really exciting are the company's growth prospects. And a big part of that is related to Mounjaro, a diabetes treatment that has shown to also be effective in helping people lose weight -- some shedding as much as 22.5% of their body weight. Forget a $1 billion blockbuster; this is a drug that could bring in tens of billions in revenue at its peak. Eli Lilly has been investing billions into its operations in recent years to bolster its manufacturing capabilities so that it can help meet the strong demand of its many popular drugs, including Mounjaro and top-seller Trulicity. There's so much potential growth on the horizon that makes Eli Lilly a fantastic stock to own. If you want to make the most of your tax return, this is a great stock to consider buying as you'll get a solid dividend, which is likely to rise in the future, along with a solid growth business. 2. Apple Another solid business to invest in is Apple. At $2.6 trillion, the company is already massive, but like Eli Lilly, it gushes cash and perhaps has more than it knows what to do with these days. AAPL Free Cash Flow (Annual) data by YCharts The company's vast ecosystem of products and services allows the business to maximize sales to people who use its iPhones, iPads, and computers. The switching costs become more onerous the deeper someone is entrenched in Apple as there is often no shortage of compatibility issues between products and services designed for people who are using Apple versus rival Google, which Alphabet owns, and where Android is the default operating system on handheld devices. Apple also recently announced that its Apple Card users can now take advantage of a high-yielding savings account through Goldman Sachs that pays an annual percentage yield of 4.15%, which is 10 times higher than the average rate. It's yet another incentive for people to use Apple's products and services. And Apple can do these kinds of things because it generates so much in cash. The stock's dividend yield of 0.6% is fairly small, but Apple also spends billions on share buybacks, which reduce the share count and help drive up the price of the stock. AAPL Stock Buyback (Annual) data by YCharts Apple has a phenomenal business with an ecosystem that is sure to get even bigger and broader, leading to more gains for investors in the long run. 10 stocks we like better than Eli Lilly 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 Eli Lilly 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 April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, 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.	While stocks may not seem like the safest places to put your money during the current bear market, there are a couple of relatively low-risk options to consider that can help set you up for some great gains in the future: Eli Lilly (NYSE: LLY) and Apple (NASDAQ: AAPL). AAPL Free Cash Flow (Annual) data by YCharts The company's vast ecosystem of products and services allows the business to maximize sales to people who use its iPhones, iPads, and computers. AAPL Stock Buyback (Annual) data by YCharts Apple has a phenomenal business with an ecosystem that is sure to get even bigger and broader, leading to more gains for investors in the long run.	While stocks may not seem like the safest places to put your money during the current bear market, there are a couple of relatively low-risk options to consider that can help set you up for some great gains in the future: Eli Lilly (NYSE: LLY) and Apple (NASDAQ: AAPL). AAPL Free Cash Flow (Annual) data by YCharts The company's vast ecosystem of products and services allows the business to maximize sales to people who use its iPhones, iPads, and computers. AAPL Stock Buyback (Annual) data by YCharts Apple has a phenomenal business with an ecosystem that is sure to get even bigger and broader, leading to more gains for investors in the long run.	While stocks may not seem like the safest places to put your money during the current bear market, there are a couple of relatively low-risk options to consider that can help set you up for some great gains in the future: Eli Lilly (NYSE: LLY) and Apple (NASDAQ: AAPL). AAPL Free Cash Flow (Annual) data by YCharts The company's vast ecosystem of products and services allows the business to maximize sales to people who use its iPhones, iPads, and computers. AAPL Stock Buyback (Annual) data by YCharts Apple has a phenomenal business with an ecosystem that is sure to get even bigger and broader, leading to more gains for investors in the long run.	While stocks may not seem like the safest places to put your money during the current bear market, there are a couple of relatively low-risk options to consider that can help set you up for some great gains in the future: Eli Lilly (NYSE: LLY) and Apple (NASDAQ: AAPL). AAPL Free Cash Flow (Annual) data by YCharts The company's vast ecosystem of products and services allows the business to maximize sales to people who use its iPhones, iPads, and computers. AAPL Stock Buyback (Annual) data by YCharts Apple has a phenomenal business with an ecosystem that is sure to get even bigger and broader, leading to more gains for investors in the long run.
16253.0	2023-04-20 00:00:00 UTC	Apple's Savings Account Changes Everything	AAPL	https://www.nasdaq.com/articles/apples-savings-account-changes-everything	nan	nan	Apple (NASDAQ: AAPL) has announced that it is growing the tools in the Wallet app with a savings account. That's a big win for savers but could make Apple's products even stickier. Travis Hoium highlights why this is a great move for Apple and its shareholders. Stock prices used were end-of-day prices of April 17, 2023. The video was published on April 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 April 10, 2023 Travis Hoium has positions in Apple and Block. The Motley Fool has positions in and recommends Apple, Block, and Goldman Sachs Group. 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.	Apple (NASDAQ: AAPL) has announced that it is growing the tools in the Wallet app with a savings account. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. The Motley Fool has positions in and recommends Apple, Block, and Goldman Sachs Group.	Apple (NASDAQ: AAPL) has announced that it is growing the tools in the Wallet app with a savings account. 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 April 10, 2023 Travis Hoium has positions in Apple and Block.	Apple (NASDAQ: AAPL) has announced that it is growing the tools in the Wallet app with a savings account. 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.	Apple (NASDAQ: AAPL) has announced that it is growing the tools in the Wallet app with a savings account. That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 10, 2023 Travis Hoium has positions in Apple and Block.
16254.0	2023-04-20 00:00:00 UTC	US STOCKS-Nasdaq futures fall nearly 1% as Tesla earnings disappoint	AAPL	https://www.nasdaq.com/articles/us-stocks-nasdaq-futures-fall-nearly-1-as-tesla-earnings-disappoint	nan	nan	By Sruthi Shankar and Ankika Biswas April 20 (Reuters) - Nasdaq futures fell nearly 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while prospects of U.S. interest rates staying higher for a longer kept investors jittery. Wall Street's main indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the March banking crisis, but rapidly rising rates and recession worries have dimmed their outlook. Tesla Inc TSLA.O slid 6.7% in premarket trading after its first-quarter gross margin missed expectations on aggressive price cuts for its vehicles and CEO Elon Musk said the company would put sales growth ahead of profit. Other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Microsoft Corp MSFT.O fell 1% each. "A lot of companies are keeping their heads above water but there remain plenty of headwinds to cloud the outlook," said Russ Mould, investment director at AJ Bell. "The prospect of another round of interest-rate hikes in the U.S. and Europe will further increase cost of borrowing, coinciding with fears that banks are going to have stricter lending policies following the recent Silicon Valley Crisis." Traders are reassessing the outlook for interest rates after data indicated that the slowdown in U.S. economy was not enough to push the Federal Reserve to start cutting rates as early as this year. Comments from Fed policymakers this week have also supported bets on further policy tightening. The Fed will deliver a final 25-basis-point rate hike in May and then hold rates steady for the rest of the year, according to economists in a Reuters poll, which also showed a likely short and shallow recession in 2023. Fed funds futures traders are pricing in a 78% probability of a 25-bps rate hike next month, according to CME Group's Fedwatch tool. The two-year Treasury yield US2YT=RR, which typically moves in step with near-term rate expectations, traded below the one-month high it hit on Wednesday. US/ Meanwhile, the cost of insuring exposure to U.S. sovereign debt rose to the highest level since 2011, over market jitters that the government could hit its debt ceiling sooner than expected. At 6:56 a.m. ET, Dow e-minis 1YMcv1 were down 138 points, or 0.41%, S&P 500 e-minis EScv1 were down 28.25 points, or 0.68%, and Nasdaq 100 e-minis NQcv1 were down 123.25 points, or 0.93%. The day ahead includes weekly jobless claims data and Philadelphia Fed's business index reading. Several Fed policymakers are also expected to speak later in the day. Among other stocks, IBM Corp IBM.N gained 1.3% after the software company beat estimates for first-quarter profit and signaled demand for IT services was better than feared. Las Vegas Sands Corp LVS.N climbed 4.4% after the casino operator reported better-than-expected quarterly revenue, while Alaska Air Group Inc ALK.N fell 1.2% on wider-than-expected first-quarter loss. Among regional banks, Zions BancorpZION.O, Truist Financial CorpTFC.N and KeyCorpKEY.N dropped between 0.6% and 5.3% after their quarterly profits missed estimates. Chip companies Qualcomm Inc QCOM., Nvidia Corp NVDA.O and Micron Technology MU.O fell 1% each following major Apple supplier TSMC's 2330.TWweak sales forecast. (Reporting by Sruthi Shankar and Ankika Biswas in Bengaluru; Editing by Arun Koyyur and Vinay Dwivedi) ((sruthi.shankar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2787;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Microsoft Corp MSFT.O fell 1% each. By Sruthi Shankar and Ankika Biswas April 20 (Reuters) - Nasdaq futures fell nearly 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while prospects of U.S. interest rates staying higher for a longer kept investors jittery. Tesla Inc TSLA.O slid 6.7% in premarket trading after its first-quarter gross margin missed expectations on aggressive price cuts for its vehicles and CEO Elon Musk said the company would put sales growth ahead of profit.	Other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Microsoft Corp MSFT.O fell 1% each. By Sruthi Shankar and Ankika Biswas April 20 (Reuters) - Nasdaq futures fell nearly 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while prospects of U.S. interest rates staying higher for a longer kept investors jittery. Tesla Inc TSLA.O slid 6.7% in premarket trading after its first-quarter gross margin missed expectations on aggressive price cuts for its vehicles and CEO Elon Musk said the company would put sales growth ahead of profit.	Other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Microsoft Corp MSFT.O fell 1% each. By Sruthi Shankar and Ankika Biswas April 20 (Reuters) - Nasdaq futures fell nearly 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while prospects of U.S. interest rates staying higher for a longer kept investors jittery. Wall Street's main indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the March banking crisis, but rapidly rising rates and recession worries have dimmed their outlook.	Other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Microsoft Corp MSFT.O fell 1% each. Tesla Inc TSLA.O slid 6.7% in premarket trading after its first-quarter gross margin missed expectations on aggressive price cuts for its vehicles and CEO Elon Musk said the company would put sales growth ahead of profit. The Fed will deliver a final 25-basis-point rate hike in May and then hold rates steady for the rest of the year, according to economists in a Reuters poll, which also showed a likely short and shallow recession in 2023.
16255.0	2023-04-20 00:00:00 UTC	If You Invested $1,000 in Lemonade in 2020, This Is How Much You Would Have Today	AAPL	https://www.nasdaq.com/articles/if-you-invested-%241000-in-lemonade-in-2020-this-is-how-much-you-would-have-today	nan	nan	Compared to 2020 and 2021, it's evident that today Wall Street has soured on what were some of the most exciting and innovative tech stocks. Take insurance disruptor Lemonade (NYSE: LMND), for example, whose shares are down a whopping 93% from their all-time high price of $183.26 reached in January 2021. The stock skyrocketed in the first six months after it went public, but it's a different story now. If you invested $1,000 in Lemonade at its initial public offering in July 2020, you'd be sitting on a balance of just $187 right now, translating to a loss of more than 81%. For comparison's sake, the tech-heavy Nasdaq Composite index is up 23% during the same time. What's been going on with this fintech stock in recent years? Rapid growth without profits It's difficult to understate Lemonade's monster growth in recent years. Between 2019 and 2022, revenue jumped from $67 million to $257 million, customers increased from 643,000 to 1.8 million, and the premium per customer grew from $177 to $346. These are the kind of remarkable gains that early investors were drawn to when Lemonade went public. Another key factor that made Lemonade a darling on Wall Street at the start was its innovative business model. Instead of relying on traditional brick-and-mortar offices and sales agents to push insurance products, this company utilizes artificial intelligence and machine learning in a completely digital offering to underwrite policies and approve and pay out claims. The user experience is supposed to be outstanding and frictionless. Management touts having a Net Promoter Score, a reflection of customer satisfaction, in the same ballpark as Apple and Tesla. However, like many companies that are fully focused on achieving hyper growth, Lemonade has yet to turn a profit. In theory, having no physical footprint should be a benefit, but this hasn't been shown in the numbers so far. Last year, the business posted a net loss of $298 million, higher than 2021's figure. And this was despite revenue doubling year over year. For 2023, management forecasts revenue to grow 47% at the midpoint. But it also sees the adjusted EBITDA (earnings before taxes, interest, depreciation, and amortization) loss widening. A potential plus, however, is that Lemonade's five insurance products (renters, homeowners, car, pet, and life) give it a greater opportunity to cross-sell to existing customers, while further penetrating the massive industry. Investors should think twice With the stock down so much, Lemonade now trades at a price-to-sales multiple of 3.6, which is about as cheap as it's been since going public. This signals that the market's pessimism surrounding the company has hardly ever been higher. But despite what appears to be an attractive valuation, Lemonade is still more expensive than some major incumbents in the insurance industry, such as Progressive and Allstate. This could be a reflection of Lemonade's outsized potential growth opportunity and heavy focus on utilizing technology in its business model. Ultimately, it's up to investors to decide if Lemonade's disruptive potential and promise of rapid gains outweigh its lack of consistent profitability. This is an even more important point to consider in today's economic environment, when funding costs are higher than at any time during the past decade and investors are prioritizing positive net income. For what it's worth, Lemonade had just over $1 billion of cash, cash equivalents, and investments on its balance sheet as of Dec. 31, with zero debt. This might be enough to give the business a significant runway to operate at a loss for the foreseeable future. But until management can get losses under control and show a clear path to profits, I won't even begin to think about owning the stock. For some investors, though, the cheap valuation might be too hard to pass up right now. 10 stocks we like better than Lemonade 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 Lemonade 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 April 10, 2023 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Lemonade, and Tesla. The Motley Fool recommends Progressive. 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.	Instead of relying on traditional brick-and-mortar offices and sales agents to push insurance products, this company utilizes artificial intelligence and machine learning in a completely digital offering to underwrite policies and approve and pay out claims. A potential plus, however, is that Lemonade's five insurance products (renters, homeowners, car, pet, and life) give it a greater opportunity to cross-sell to existing customers, while further penetrating the massive industry. This is an even more important point to consider in today's economic environment, when funding costs are higher than at any time during the past decade and investors are prioritizing positive net income.	This could be a reflection of Lemonade's outsized potential growth opportunity and heavy focus on utilizing technology in its business model. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. The Motley Fool has positions in and recommends Apple, Lemonade, and Tesla.	10 stocks we like better than Lemonade 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 Lemonade wasn't one of them! See the 10 stocks *Stock Advisor returns as of April 10, 2023 Neil Patel has no position in any of the stocks mentioned.	Last year, the business posted a net loss of $298 million, higher than 2021's figure. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Lemonade wasn't one of them! See the 10 stocks *Stock Advisor returns as of April 10, 2023 Neil Patel has no position in any of the stocks mentioned.
16256.0	2023-04-20 00:00:00 UTC	US STOCKS-Nasdaq futures fall 1% as Tesla earnings disappoint	AAPL	https://www.nasdaq.com/articles/us-stocks-nasdaq-futures-fall-1-as-tesla-earnings-disappoint	nan	nan	For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.43%, S&P 0.72%, Nasdaq 1.04% April 20 (Reuters) - Nasdaq futures slid 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while investors grew nervous about the outlook for U.S. interest rates. The main U.S. stock indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the March banking crisis, but rapidly rising rates and recession worries have dimmed their outlook. Tesla Inc TSLA.O slid 7.4% in premarket trading after its first-quarter gross margin missed market expectations due to aggressive price cuts for its vehicles and boss Elon Musk said it would put sales growth ahead of profit. Shares of other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Alphabet Inc GOOGL.O fell between 0.7% and 1.2%. "A lot of companies are keeping their heads above water but there remain plenty of headwinds to cloud the outlook," said Russ Mould, investment director at AJ Bell. "The prospect of another round of interest-rate hikes in the U.S. and Europe will further increase the cost of borrowing, coinciding with fears that banks are going to have stricter lending policies following the recent Silicon Valley Crisis." Traders are reassessing the outlook for U.S. interest rates after data pointed to a slowing U.S. economy that was not weak enough to push the Federal Reserve to start cutting rates as early as this year. Comments from Fed policymakers this week have also supported bets of further tightening by the U.S. central bank. The Fed will deliver a final 25-basis-point rate hike in May and then hold rates steady for the rest of the year, according to economists in a Reuters poll, which also showed a likely short and shallow recession in 2023. Fed funds futures traders are pricing in an 83% probability of a 25 bps rate hike next month, according to CME Group's Fedwatch tool. The two-year Treasury yield US2YT=RR, which typically moves in step with near-term rate expectations, traded below the one-month high it hit on Wednesday. US/ Investors are also focused on whether Congress will raise the , with some analysts concerned that the Treasury could run out of money faster than previously expected due to weak tax receipts. At 05:51 a.m. ET, Dow e-minis 1YMcv1 were down 146 points, or 0.43%, S&P 500 e-minis EScv1 were down 30.25 points, or 0.72%, and Nasdaq 100 e-minis NQcv1 were down 137 points, or 1.04%. The day ahead includes weekly jobless claims data and Philadelphia Fed's business index. A host of Fed policymakers are also expected to speak later in the day. IBM Corp IBM.N gained 1.8% after the software company beat analysts' estimates for first-quarter profit and signaled demand for IT services was better than feared. Las Vegas Sands Corp LVS.N climbed 4.4% after the casino operator reported quarterly revenue that surpassed Wall Street estimates, helped by accelerated gaming volumes, retail sales and hotel occupancy. (Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur) ((sruthi.shankar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2787;)) 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 other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Alphabet Inc GOOGL.O fell between 0.7% and 1.2%. Tesla Inc TSLA.O slid 7.4% in premarket trading after its first-quarter gross margin missed market expectations due to aggressive price cuts for its vehicles and boss Elon Musk said it would put sales growth ahead of profit. "The prospect of another round of interest-rate hikes in the U.S. and Europe will further increase the cost of borrowing, coinciding with fears that banks are going to have stricter lending policies following the recent Silicon Valley Crisis."	Shares of other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Alphabet Inc GOOGL.O fell between 0.7% and 1.2%. Futures down: Dow 0.43%, S&P 0.72%, Nasdaq 1.04% April 20 (Reuters) - Nasdaq futures slid 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while investors grew nervous about the outlook for U.S. interest rates. The main U.S. stock indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the March banking crisis, but rapidly rising rates and recession worries have dimmed their outlook.	Shares of other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Alphabet Inc GOOGL.O fell between 0.7% and 1.2%. Futures down: Dow 0.43%, S&P 0.72%, Nasdaq 1.04% April 20 (Reuters) - Nasdaq futures slid 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while investors grew nervous about the outlook for U.S. interest rates. The main U.S. stock indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the March banking crisis, but rapidly rising rates and recession worries have dimmed their outlook.	Shares of other megacap stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Alphabet Inc GOOGL.O fell between 0.7% and 1.2%. Futures down: Dow 0.43%, S&P 0.72%, Nasdaq 1.04% April 20 (Reuters) - Nasdaq futures slid 1% on Thursday as Tesla shares tumbled after the electric-vehicle maker posted its lowest quarterly gross margin in two years, while investors grew nervous about the outlook for U.S. interest rates. The main U.S. stock indexes have remained steady this week as mixed earnings from U.S. banks allayed concerns of a contagion from the March banking crisis, but rapidly rising rates and recession worries have dimmed their outlook.
16257.0	2023-04-20 00:00:00 UTC	Samsung Might Ditch Google: Is the Search Engine's Dominance Ending?	AAPL	https://www.nasdaq.com/articles/samsung-might-ditch-google%3A-is-the-search-engines-dominance-ending	nan	nan	The technology industry was shaken up late last year when the start-up Open AI released an updated version of its conversational chatbot called ChatGPT-3. Users started rapidly adopting the service, and it gained hundreds of millions of sign-ups in just a few short months with its human-like language model. To capitalize on this new revolutionary technology, Microsoft (NASDAQ: MSFT) shook up the industry even further by investing $10 billion into the company while securing exclusive cloud computing access to its Azure infrastructure services. This Microsoft-OpenAI partnership now goes even deeper, with the conversational artificial intelligence (AI) tools now powering an updated version of Microsoft's Bing search engine, which is the number-two player in the search market. With all these developments, investors are concerned about the number-one player in search -- Alphabet's Google (NASDAQ: GOOG) -- losing market share to this revitalized Bing competitor. However, I think these concerns are vastly overblown. Here's why. Samsung may leave Google for Bing Reports came out last weekend that Samsung is considering leaving Google and going with Bing as its default search engine on all its computing devices. Historically, Alphabet has made deals with computer hardware providers like Samsung and Apple, paying them billions of dollars annually to make Google the default search engine on their search applications. While not confirmed, the Apple deal reportedly costs Alphabet around $20 billion a year. Why would they pay so much just to be the default search engine? Because the search engine advertising business is so profitable, with Google Search bringing in over $160 billion in revenue for Alphabet just last year. If Microsoft/Bing wins these default search engine contracts instead of Google, the theory is it will lead Google's 90%+ market share in search engine usage to decline, leading to a decline in revenue for the company. On a positive note, it would save Google tens of billions in contract fees each year, so we don't know whether it will actually lead to lower or higher earnings when you add everything together. Google won't go down without a fight Microsoft took a major shot across the bow with its OpenAI partnership, but it looks like Google is ready to compete aggressively in this cutting-edge AI field. It already released a ChatGPT competitor called Google Bard that has the same sort of lifelike conversational responses to queries. According to reports, it is building AI tools for images and videos, and making major improvements to Google Chrome. Without many details yet, it looks like Google wants to embed more and more AI tools into Google Search and its other products over time, which will hopefully improve the user experience. Seeing that Google was able to copy ChatGPT within a few months, I have confidence it can match or exceed whatever new products Microsoft/OpenAI releases for customers. This should reassure any investor that is worried Google has gotten complacent with its monopoly-like market share of the search engine market. Market share on desktop computers is telling Investors are worried about what will happen if Google loses its default license on mobile devices like Apple and Samsung. But we already have some data on what happens when Google is forced to openly compete with other search engine providers. Even though Microsoft's Windows operating system -- which constantly nudges users to switch from Google to its Bing search engine -- has a majority share of the desktop computer market, Google has still managed to maintain an 85% share of search queries on desktops, compared to Bing's 8.31%. Its internal Chrome operating system only has a 7.47% market share on desktops, for reference. Google didn't win a dominant position on desktop search because of exclusive contracts, or even because of its search engine superiority. No, it won because of all the free services it offers on top of its core Google Search product, like Google Maps, Photos, YouTube, Gmail, Google Drive, Google Chrome, and Google Calendar. With billions of people around the globe regularly using these free services, Google has built in immense switching costs for its product ecosystem. Ask yourself how much of a pain it would be to eliminate Google products from your life, and whether you'd even want to in the first place. Unless Microsoft can -- and is willing to -- offer all these products for free to customers, I don't see it gaining much market share vs. Google, even if it pays up to win these default search engine contracts. This should help Alphabet shareholders sleep well at night despite these new AI technologies. 10 stocks we like better than Alphabet 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 Alphabet 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 April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Brett Schafer has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, 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.	To capitalize on this new revolutionary technology, Microsoft (NASDAQ: MSFT) shook up the industry even further by investing $10 billion into the company while securing exclusive cloud computing access to its Azure infrastructure services. With all these developments, investors are concerned about the number-one player in search -- Alphabet's Google (NASDAQ: GOOG) -- losing market share to this revitalized Bing competitor. Market share on desktop computers is telling Investors are worried about what will happen if Google loses its default license on mobile devices like Apple and Samsung.	With all these developments, investors are concerned about the number-one player in search -- Alphabet's Google (NASDAQ: GOOG) -- losing market share to this revitalized Bing competitor. Even though Microsoft's Windows operating system -- which constantly nudges users to switch from Google to its Bing search engine -- has a majority share of the desktop computer market, Google has still managed to maintain an 85% share of search queries on desktops, compared to Bing's 8.31%. Unless Microsoft can -- and is willing to -- offer all these products for free to customers, I don't see it gaining much market share vs. Google, even if it pays up to win these default search engine contracts.	If Microsoft/Bing wins these default search engine contracts instead of Google, the theory is it will lead Google's 90%+ market share in search engine usage to decline, leading to a decline in revenue for the company. Even though Microsoft's Windows operating system -- which constantly nudges users to switch from Google to its Bing search engine -- has a majority share of the desktop computer market, Google has still managed to maintain an 85% share of search queries on desktops, compared to Bing's 8.31%. No, it won because of all the free services it offers on top of its core Google Search product, like Google Maps, Photos, YouTube, Gmail, Google Drive, Google Chrome, and Google Calendar.	The technology industry was shaken up late last year when the start-up Open AI released an updated version of its conversational chatbot called ChatGPT-3. Why would they pay so much just to be the default search engine? Unless Microsoft can -- and is willing to -- offer all these products for free to customers, I don't see it gaining much market share vs. Google, even if it pays up to win these default search engine contracts.
16258.0	2023-04-20 00:00:00 UTC	Taiwan Semiconductor Just Issued a Warning to Apple Shareholders	AAPL	https://www.nasdaq.com/articles/taiwan-semiconductor-just-issued-a-warning-to-apple-shareholders	nan	nan	Taiwan Semiconductor Manufacturing (NYSE: TSM) is the world's largest contract semiconductor factory, meaning it doesn't sell its chips directly to consumers. Instead, it sells its products to companies like Nvidia, Advanced Micro Devices, or Apple (NASDAQ: AAPL). While this helps diversify its customer base, it can also cause troubles when the consumer becomes weaker, as it is at the mercy of its customers and how often they order. TSMC's latest revenue report revealed some cracks in the business that could inform investors of how other customers are performing. So let's look at this report and see its implications for some of its clients. Investors have expected this slowdown for a while Taiwan Semiconductor makes some of the world's most powerful and smallest chips, including 3 nanometer (nm), 5 nm, and 7 nm products. Because Intel hasn't performed well in its research and development department lately, Taiwan Semiconductor's only real competition in this segment is Samsung. With Samsung directly competing against many of TSMC's customers, it's unlikely they'd switch away from TSMC as their supplier. This is important to understand because if Taiwan Semiconductor's revenue is falling, it's not because it is losing customers; it's because its customers aren't ordering as much. Taiwan Semiconductor is also heavily concentrated with a few clients. One company (unnamed in its annual report but widely assumed to be Apple) made up 23%, 25%, and 26% of sales in 2019, 2020, and 2021, respectively. Zooming out a bit, 71% of 2021 revenue came from its 10 largest clients. With a focus on its large clients, if a handful of them struggle, Taiwan Semiconductor will also feel the pain. That's precisely what happened in March, as TSMC's revenue figures decreased by 10.9% from February 2023 and 15.4% from March 2022. Part of this slowdown can be attributed to the strong dollar, as other currencies (like the New Taiwan dollar) haven't risen as much, further exaggerating the sales drop. While this is unfortunate for Taiwan Semiconductor investors, this slowdown was expected, as seen in its stock valuation. TSM PE Ratio data by YCharts With the downturn already priced into the stock, it didn't react much to the news of slowing sales. However, the stocks of its largest customers didn't move, which could be a huge warning signal to investors. Apple must execute flawlessly for the stock's valuation to make sense With Apple being its largest client, it's improbable that all of Taiwan Semiconductor's sales slowdown came from other sources. That's a problem for Apple because unlike TSMC, its stock is priced for perfection. AAPL PE Ratio data by YCharts With the stock at 28 times earnings and falling revenue (Apple's revenue fell 5.5% last quarter), Apple stock can't afford another down quarter. But, with analysts only projecting sales to fall by 4.6% this quarter, the pain may not be as much as TSMC's performance makes it seem. I think that projection is undershooting the current environment, and investors should beware of Apple's stock before earnings. On the flip side, with Taiwan Semiconductor's stock already priced for a downturn, it's looking attractive at these prices. Investors will hear from both companies in the next few weeks and get a better picture of the current operating environment, but beware of Apple's stock in the meantime. 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 April 10, 2023 Keithen Drury has positions in Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. 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.	Instead, it sells its products to companies like Nvidia, Advanced Micro Devices, or Apple (NASDAQ: AAPL). AAPL PE Ratio data by YCharts With the stock at 28 times earnings and falling revenue (Apple's revenue fell 5.5% last quarter), Apple stock can't afford another down quarter. Because Intel hasn't performed well in its research and development department lately, Taiwan Semiconductor's only real competition in this segment is Samsung.	AAPL PE Ratio data by YCharts With the stock at 28 times earnings and falling revenue (Apple's revenue fell 5.5% last quarter), Apple stock can't afford another down quarter. Instead, it sells its products to companies like Nvidia, Advanced Micro Devices, or Apple (NASDAQ: AAPL). The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, and Taiwan Semiconductor Manufacturing.	AAPL PE Ratio data by YCharts With the stock at 28 times earnings and falling revenue (Apple's revenue fell 5.5% last quarter), Apple stock can't afford another down quarter. Instead, it sells its products to companies like Nvidia, Advanced Micro Devices, or Apple (NASDAQ: AAPL). Apple must execute flawlessly for the stock's valuation to make sense With Apple being its largest client, it's improbable that all of Taiwan Semiconductor's sales slowdown came from other sources.	Instead, it sells its products to companies like Nvidia, Advanced Micro Devices, or Apple (NASDAQ: AAPL). AAPL PE Ratio data by YCharts With the stock at 28 times earnings and falling revenue (Apple's revenue fell 5.5% last quarter), Apple stock can't afford another down quarter. But, with analysts only projecting sales to fall by 4.6% this quarter, the pain may not be as much as TSMC's performance makes it seem.
16259.0	2023-04-20 00:00:00 UTC	Taiwan March export orders slump nearly 26%, worst drop in 14 years	AAPL	https://www.nasdaq.com/articles/taiwan-march-export-orders-slump-nearly-26-worst-drop-in-14-years	nan	nan	Recasts; Adds comments, details March export orders -25.7% y/y vs -20.0% poll forecast Export orders from China -33.8% y/y vs -35.5% in Feb Ministry sees April orders between -17.1% and -21% y/y Outlook remains cautious TAIPEI, April 20 (Reuters) - Taiwan's export orders fell the most in 14 years in March, and by more than expected, as slowing global growth continued to weigh on demand for electronics. The island's export orders, a bellwether for global technology demand, contracted 25.7% from a year earlier to $46.58 billion, the Ministry of Economic Affairs said on Thursday. That marked the seventh straight month of contraction and the sharpest decline since February 2009, it added. March's number lagged analysts' expectations for a 20.0% decline and was worse than February's 18.3% slide. "The contraction was due to the global economic slowdown triggered by inflation and interest rate hikes, weak end demand, and continued inventory digestion by customers," the ministry said. Orders for telecommunications products dropped 26.3% and electronic products fell 29.4% from a year earlier, it said. The ministry reiterated previous warnings that persistently high inflation and rising interest rates, along with the global repercussions of the war between Russia and Ukraine, could continue to impede economic growth momentum in the months ahead. But the ministry also restated its belief that those negative factors could be offset by positive factors such as renewed demand for emerging technologies like AI, high-performance computing, cloud data centres, and automotive electronics. The downward trend in orders is expected to continue until the fourth quarter, the government said earlier this month. The ministry added that it expected export orders in April to fall by 17.1% to 21% from a year earlier. Taiwan's March orders from China were 33.8% lower than a year earlier, compared with a 35.5% drop in February. Taiwanese firms such as Taiwan Semiconductor Manufacturing Co Ltd 2330.TW, TSM.N, are major suppliers to Apple Inc AAPL.O, Qualcomm Inc QCOM.O and other global tech companies. Taiwan's orders from the United States in March fell 20.7% from a year earlier, versus a 12.6% drop in the prior month. Export orders from Europe were down 33.8%, versus February's slide of 13.1%. Orders from Japan fell 5.3% year-on-year. (Reporting by Faith Hung and Emily Chan; Editing by Ben Blanchard and Kim Coghill) ((faith.hung@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.	Taiwanese firms such as Taiwan Semiconductor Manufacturing Co Ltd 2330.TW, TSM.N, are major suppliers to Apple Inc AAPL.O, Qualcomm Inc QCOM.O and other global tech companies. The island's export orders, a bellwether for global technology demand, contracted 25.7% from a year earlier to $46.58 billion, the Ministry of Economic Affairs said on Thursday. "The contraction was due to the global economic slowdown triggered by inflation and interest rate hikes, weak end demand, and continued inventory digestion by customers," the ministry said.	Taiwanese firms such as Taiwan Semiconductor Manufacturing Co Ltd 2330.TW, TSM.N, are major suppliers to Apple Inc AAPL.O, Qualcomm Inc QCOM.O and other global tech companies. Recasts; Adds comments, details March export orders -25.7% y/y vs -20.0% poll forecast Export orders from China -33.8% y/y vs -35.5% in Feb Ministry sees April orders between -17.1% and -21% y/y Outlook remains cautious TAIPEI, April 20 (Reuters) - Taiwan's export orders fell the most in 14 years in March, and by more than expected, as slowing global growth continued to weigh on demand for electronics. The island's export orders, a bellwether for global technology demand, contracted 25.7% from a year earlier to $46.58 billion, the Ministry of Economic Affairs said on Thursday.	Taiwanese firms such as Taiwan Semiconductor Manufacturing Co Ltd 2330.TW, TSM.N, are major suppliers to Apple Inc AAPL.O, Qualcomm Inc QCOM.O and other global tech companies. Recasts; Adds comments, details March export orders -25.7% y/y vs -20.0% poll forecast Export orders from China -33.8% y/y vs -35.5% in Feb Ministry sees April orders between -17.1% and -21% y/y Outlook remains cautious TAIPEI, April 20 (Reuters) - Taiwan's export orders fell the most in 14 years in March, and by more than expected, as slowing global growth continued to weigh on demand for electronics. The island's export orders, a bellwether for global technology demand, contracted 25.7% from a year earlier to $46.58 billion, the Ministry of Economic Affairs said on Thursday.	Taiwanese firms such as Taiwan Semiconductor Manufacturing Co Ltd 2330.TW, TSM.N, are major suppliers to Apple Inc AAPL.O, Qualcomm Inc QCOM.O and other global tech companies. Recasts; Adds comments, details March export orders -25.7% y/y vs -20.0% poll forecast Export orders from China -33.8% y/y vs -35.5% in Feb Ministry sees April orders between -17.1% and -21% y/y Outlook remains cautious TAIPEI, April 20 (Reuters) - Taiwan's export orders fell the most in 14 years in March, and by more than expected, as slowing global growth continued to weigh on demand for electronics. The ministry added that it expected export orders in April to fall by 17.1% to 21% from a year earlier.
16260.0	2023-04-20 00:00:00 UTC	India sees Apple nearly tripling investment, exports in coming years	AAPL	https://www.nasdaq.com/articles/india-sees-apple-nearly-tripling-investment-exports-in-coming-years	nan	nan	By Krishna N. Das and Tanvi Mehta NEW DELHI, April 20 (Reuters) - U.S. tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market. Apple mainly assembles iPhones in India through contract manufacturers, but has plans to expand into iPads and AirPods. "I am very confident that this Apple-India partnership has a lot of headroom for investments, growth, exports and jobs - doubling and tripling over coming years," Rajeev Chandrasekhar, the deputy information technology minister, told Reuters. His comments came after a meeting on Wednesday with Apple Chief Executive Tim Cook in the capital, New Delhi. Cook, who also met Prime Minister Narendra Modi, said Apple was "committed to growing and investing across the country". He inaugurated an Apple store in New Delhi on Thursday two days after opening its first outlet in Mumbai, India's commercial capital. "We've come here only to see Tim Cook," said Manika Mehta, 32, an Android phone user who queued at the Delhi store in a gesture of support for her husband, an Apple fan. About 500 people had gathered for Cook's brief appearance, in which he spoke with fans and took selfies, as in Mumbai. Cook's visit has drawn extensive media coverage and he has been feted like a Bollywood star, with some people trying to touch his feet in a traditional gesture of respect, while others asked for his autograph. Apple has been trying to make India a bigger manufacturing base to reduce its reliance on China. Its products, including iPhones, are being assembled in India by Taiwanese contract electronics makers Foxconn 2317.TW and Wistron Corp 3231.TW. (Reporting By Krishna N. Das; Editing by Jacqueline Wong and Clarence Fernandez) ((krishna.das@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 Krishna N. Das and Tanvi Mehta NEW DELHI, April 20 (Reuters) - U.S. tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market. "I am very confident that this Apple-India partnership has a lot of headroom for investments, growth, exports and jobs - doubling and tripling over coming years," Rajeev Chandrasekhar, the deputy information technology minister, told Reuters. Cook's visit has drawn extensive media coverage and he has been feted like a Bollywood star, with some people trying to touch his feet in a traditional gesture of respect, while others asked for his autograph.	By Krishna N. Das and Tanvi Mehta NEW DELHI, April 20 (Reuters) - U.S. tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market. Apple mainly assembles iPhones in India through contract manufacturers, but has plans to expand into iPads and AirPods. His comments came after a meeting on Wednesday with Apple Chief Executive Tim Cook in the capital, New Delhi.	By Krishna N. Das and Tanvi Mehta NEW DELHI, April 20 (Reuters) - U.S. tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market. He inaugurated an Apple store in New Delhi on Thursday two days after opening its first outlet in Mumbai, India's commercial capital. "We've come here only to see Tim Cook," said Manika Mehta, 32, an Android phone user who queued at the Delhi store in a gesture of support for her husband, an Apple fan.	By Krishna N. Das and Tanvi Mehta NEW DELHI, April 20 (Reuters) - U.S. tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market. Apple mainly assembles iPhones in India through contract manufacturers, but has plans to expand into iPads and AirPods. His comments came after a meeting on Wednesday with Apple Chief Executive Tim Cook in the capital, New Delhi.
16261.0	2023-04-20 00:00:00 UTC	TSMC Q1 profit rises 2% y/y, beats market expectations	AAPL	https://www.nasdaq.com/articles/tsmc-q1-profit-rises-2-y-y-beats-market-expectations	nan	nan	Q1 profit T$206.9 bln vs T$192.8 bln analyst view Q1 revenue down 4.8% on year at $16.72 bln Adds details TAIPEI, April 20 (Reuters) - Taiwanese chipmaker TSMC 2330.TW posted a 2% rise in first-quarter net profit on Thursday beating market expectations but still the smallest quarterly growth in almost four years as global economic woes dented demand for chips. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, saw January-March net profit rise to T$206.9 billion ($6.76 billion) from T$202.7 billion a year earlier. That compared with the T$192.8 billion average of 21 analyst estimates compiled by Refinitiv. TSMC, Asia's most valuable listed company, said first-quarter revenue dropped 4.8% year-on-year, in line with the company's previous forecast. Analysts said TSMC sales will be under pressure in the second quarter, which is traditionally a slow season for electronics manufacturers and as major clients cut back on orders. TSMC's share price fell 27.1% in 2022, but is up around 14% so far this year giving the chipmaker a market value of $433.9 billion. The stock rose 0.6% on Thursday versus a 0.4% fall in the benchmark index .TWII. ($1 = 30.6210 Taiwan dollars) (Reporting by Yimou Lee and Sarah Wu; Editing by Christopher Cushing) ((ben.blanchard@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.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, saw January-March net profit rise to T$206.9 billion ($6.76 billion) from T$202.7 billion a year earlier. Q1 profit T$206.9 bln vs T$192.8 bln analyst view Q1 revenue down 4.8% on year at $16.72 bln Adds details TAIPEI, April 20 (Reuters) - Taiwanese chipmaker TSMC 2330.TW posted a 2% rise in first-quarter net profit on Thursday beating market expectations but still the smallest quarterly growth in almost four years as global economic woes dented demand for chips. Analysts said TSMC sales will be under pressure in the second quarter, which is traditionally a slow season for electronics manufacturers and as major clients cut back on orders.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, saw January-March net profit rise to T$206.9 billion ($6.76 billion) from T$202.7 billion a year earlier. Q1 profit T$206.9 bln vs T$192.8 bln analyst view Q1 revenue down 4.8% on year at $16.72 bln Adds details TAIPEI, April 20 (Reuters) - Taiwanese chipmaker TSMC 2330.TW posted a 2% rise in first-quarter net profit on Thursday beating market expectations but still the smallest quarterly growth in almost four years as global economic woes dented demand for chips. TSMC, Asia's most valuable listed company, said first-quarter revenue dropped 4.8% year-on-year, in line with the company's previous forecast.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, saw January-March net profit rise to T$206.9 billion ($6.76 billion) from T$202.7 billion a year earlier. Q1 profit T$206.9 bln vs T$192.8 bln analyst view Q1 revenue down 4.8% on year at $16.72 bln Adds details TAIPEI, April 20 (Reuters) - Taiwanese chipmaker TSMC 2330.TW posted a 2% rise in first-quarter net profit on Thursday beating market expectations but still the smallest quarterly growth in almost four years as global economic woes dented demand for chips. ($1 = 30.6210 Taiwan dollars) (Reporting by Yimou Lee and Sarah Wu; Editing by Christopher Cushing) ((ben.blanchard@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.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, saw January-March net profit rise to T$206.9 billion ($6.76 billion) from T$202.7 billion a year earlier. That compared with the T$192.8 billion average of 21 analyst estimates compiled by Refinitiv. TSMC, Asia's most valuable listed company, said first-quarter revenue dropped 4.8% year-on-year, in line with the company's previous forecast.
16262.0	2023-04-20 00:00:00 UTC	Guru Fundamental Report for AAPL - Warren Buffett	AAPL	https://www.nasdaq.com/articles/guru-fundamental-report-for-aapl-warren-buffett-22	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 Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio 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.
16263.0	2023-04-19 00:00:00 UTC	PC Unit Sales Plunge in Q1, and TSMC Feels the Effects	AAPL	https://www.nasdaq.com/articles/pc-unit-sales-plunge-in-q1-and-tsmc-feels-the-effects	nan	nan	PC shipments continue to decline, potentially posing further challenges for Taiwan Semiconductor Manufacturing (NYSE: TSM) following a weak monthly revenue report. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below. Stock prices used were the market prices of April 13, 2023. The video was published on April 17, 2023. 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 April 10, 2023 Billy Duberstein has positions in Apple and Taiwan Semiconductor Manufacturing. Jose Najarro has positions in Advanced Micro Devices and Taiwan Semiconductor Manufacturing. Nicholas Rossolillo has positions in Advanced Micro Devices and Apple. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Jose Najarro 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.	PC shipments continue to decline, potentially posing further challenges for Taiwan Semiconductor Manufacturing (NYSE: TSM) following a weak monthly revenue report. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, and Taiwan Semiconductor Manufacturing.	See the 10 stocks *Stock Advisor returns as of April 10, 2023 Billy Duberstein has positions in Apple and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel.	10 stocks we like better than Taiwan Semiconductor Manufacturing When our analyst team has a stock tip, it can pay to listen. See the 10 stocks *Stock Advisor returns as of April 10, 2023 Billy Duberstein has positions in Apple and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, and Taiwan Semiconductor Manufacturing.	See the 10 stocks *Stock Advisor returns as of April 10, 2023 Billy Duberstein has positions in Apple and Taiwan Semiconductor Manufacturing. Jose Najarro has positions in Advanced Micro Devices and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, and Taiwan Semiconductor Manufacturing.
16264.0	2023-04-19 00:00:00 UTC	ASML Reports Massive Growth, Management Points To Sluggish 2023	AAPL	https://www.nasdaq.com/articles/asml-reports-massive-growth-management-points-to-sluggish-2023	nan	nan	ASML (NASDAQ: ASML) reported its first quarter 2023 earnings this morning as the Dutch semiconductor equipment manufacturer gears up for what the year may hold for the semiconductor industry. ASML shares are trading lower today, selling off by as much as 3.65% after the announcement. Companies like Intel (NASDAQ: INTC) and Dell Technologies (NYSE: DELL) have reported sluggish demand in their computer segments, leading up to Apple (NASDAQ: AAPL) announcing its very own 40% decline in PC shipments. Despite pleasing investors and other stakeholders in ASML through monstrous growth relative to the first quarter of 2022, management has pointed to a darker 2023, where growth rates and bottom lines may make it difficult for bulls to savor this celebratory moment. However, keeping the long-term in mind may help current and would-be investors in ASML notice the potential upside and drivers for the semiconductor manufacturer. Red Light or U-Turn ASML CEO Peter Wennick stated that the overall demand for their semiconductor manufacturing equipment, namely their EUV (Extreme Ultra Violet) technology aiding the production of today's chips and semiconductors that power personal computers and other vital electronics, however, on a year-on-year basis, bookings for the EUV equipment have dropped by 46% as a result of global economic slowdowns and a continued shrink of the personal computer market. With backlog orders equaling $42.6 billion, ASML is giving markets mixed signals regarding existing demand and a simultaneous decline in bookings; perhaps the manufacturer is still working to bring industry inventory levels to a healthier level and only pointing to investors that there may be a slowdown coming soon. Taiwan Semiconductor Manufacturing (NYSE: TSM) missed sales expectations for a second consecutive quarter, signaling a further slowdown in the industry. Additionally, with Taiwan Semiconductor being ASML's biggest customer, investors may be concerned that some of the elevated backlog value may only partially realize as some customers may cancel or reduce their total bookings. ASML has cornered the semiconductor manufacturing equipment market with its reliable and advanced technology and methodologies. However, ASML still depends on the capital expenditure for the downstream companies that develop chips, such as Taiwan Semiconductor and other foundries; with these names slowing some of their spending in additional machinery and equipment, ASML finds itself in a pinch. Why is ASML management pointing to further expansions in the second quarter of 2023? Sales are poised to grow to $6.5 and $7.0 billion, a range that would translate to a 4% decline or 4% advance, respectively; however, total 2023 figures are guided to reflect a net 25% increase in revenues when it is all said and done. These bullish assumptions can only be made when considering the global initiative to expand chip production outside China and Taiwan amid geopolitical risks and disruption scenarios like those seen during the COVID-19 pandemic. Tilting the Playing Field President Joe Biden's take on limiting China's access to semiconductor manufacturing equipment, with the Netherlands (and ASML as a result) following suit in blocking some exports to the Asian giant. This embargo for semiconductor manufacturing equipment against China can and will likely adversely affect ASML since the Chinese market represents the third-biggest buying pit for the Dutch player. The offset to Chinese and Taiwanese demand comes from companies like Intel, one of which has landed collaboration deals with ASML for additional machinery and equipment within their EUV lithography product line. Intel is attempting to take on the foundry services market and catch up on the market share lost to Taiwan Semiconductor Manufacturing while at the same time aiding the North American semiconductor supply chain by diversifying sources away from Asia. Intel CEO Pat Gelsinger plans to expand their new foundry services segment, which currently represents only 1.4% of the firm's revenue; developing this new business while staying away from Chinese conflicts and geopolitical risks may aid ASML's top line and further realization of backlog orders. Be Greedy When Others are Fearful? As Warren Buffett likes to say, "Be greedy when others are fearful," this may beautifully apply to today's sell-off in ASML stock. The company has grown its net income margin by 9.3% to 29%. This retention of earnings immediately trickled down to earnings per share for investors, which grew by 186% compared to a year prior. Coupled with massive EPS growth came the retirement of seven million shares as the company implemented share buybacks throughout the year, as well as debt reduction, which took the equity in the balance sheet from 24.3% in the last quarter of 2022 up to 27.8% in the first quarter of 2023. Increased equity and share buybacks directly increase a shareholder's ownership in the underlying business, pushing the book value per share of the company. Assuming that the macro-dynamics remain to demand higher for the semiconductor manufacturing equipment, and management achieves its 25% revenue increase goals, keeping margins the same and the number of shares constant, investors could expect 2023 earnings per share to be around $20 and $22 and thus providing a reasonable increase to today's upside target placed by analysts. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Companies like Intel (NASDAQ: INTC) and Dell Technologies (NYSE: DELL) have reported sluggish demand in their computer segments, leading up to Apple (NASDAQ: AAPL) announcing its very own 40% decline in PC shipments. Tilting the Playing Field President Joe Biden's take on limiting China's access to semiconductor manufacturing equipment, with the Netherlands (and ASML as a result) following suit in blocking some exports to the Asian giant. The offset to Chinese and Taiwanese demand comes from companies like Intel, one of which has landed collaboration deals with ASML for additional machinery and equipment within their EUV lithography product line.	Companies like Intel (NASDAQ: INTC) and Dell Technologies (NYSE: DELL) have reported sluggish demand in their computer segments, leading up to Apple (NASDAQ: AAPL) announcing its very own 40% decline in PC shipments. Red Light or U-Turn ASML CEO Peter Wennick stated that the overall demand for their semiconductor manufacturing equipment, namely their EUV (Extreme Ultra Violet) technology aiding the production of today's chips and semiconductors that power personal computers and other vital electronics, however, on a year-on-year basis, bookings for the EUV equipment have dropped by 46% as a result of global economic slowdowns and a continued shrink of the personal computer market. Assuming that the macro-dynamics remain to demand higher for the semiconductor manufacturing equipment, and management achieves its 25% revenue increase goals, keeping margins the same and the number of shares constant, investors could expect 2023 earnings per share to be around $20 and $22 and thus providing a reasonable increase to today's upside target placed by analysts.	Companies like Intel (NASDAQ: INTC) and Dell Technologies (NYSE: DELL) have reported sluggish demand in their computer segments, leading up to Apple (NASDAQ: AAPL) announcing its very own 40% decline in PC shipments. ASML (NASDAQ: ASML) reported its first quarter 2023 earnings this morning as the Dutch semiconductor equipment manufacturer gears up for what the year may hold for the semiconductor industry. Red Light or U-Turn ASML CEO Peter Wennick stated that the overall demand for their semiconductor manufacturing equipment, namely their EUV (Extreme Ultra Violet) technology aiding the production of today's chips and semiconductors that power personal computers and other vital electronics, however, on a year-on-year basis, bookings for the EUV equipment have dropped by 46% as a result of global economic slowdowns and a continued shrink of the personal computer market.	Companies like Intel (NASDAQ: INTC) and Dell Technologies (NYSE: DELL) have reported sluggish demand in their computer segments, leading up to Apple (NASDAQ: AAPL) announcing its very own 40% decline in PC shipments. ASML (NASDAQ: ASML) reported its first quarter 2023 earnings this morning as the Dutch semiconductor equipment manufacturer gears up for what the year may hold for the semiconductor industry. Coupled with massive EPS growth came the retirement of seven million shares as the company implemented share buybacks throughout the year, as well as debt reduction, which took the equity in the balance sheet from 24.3% in the last quarter of 2022 up to 27.8% in the first quarter of 2023.
16265.0	2023-04-19 00:00:00 UTC	3 Tech Stocks That Still Have Room to Run	AAPL	https://www.nasdaq.com/articles/3-tech-stocks-that-still-have-room-to-run	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Without question, tech has been the best-performing group so far in 2023. Understandably, that’s got investors looking at the best tech stocks to buy. At the same time though, that does create a tough situation. On the one hand, investors want to stick with what’s working. The mentality of “The trend is your friend” has investors looking to stick with this group. On the other hand, some investors are fretting about a correction. Just seven stocks have driven almost 90% of the gains in the S&P 500, with all of them being in tech. Not only does that mean many other stocks have lagged and underperformed, but it means a correction in mega-cap tech would almost certainly deal a blow to the S&P 500. I’m of the opinion that, even if you may not want to stick with buying tech, it is too soon to buck the trend. There are still tech stocks to buy that have room to run. Alphabet (GOOGL, GOOG) Source: Koshiro K / Shutterstock.com While Microsoft (NASDAQ:MSFT) seems to be getting all the credit in regards to AI, and Apple (NASDAQ:AAPL) gets all the focus for mega-cap tech, many investors seem to be forgetting about Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). While Alphabet does lag both of those names in year-to-date performance, it’s still up over 18% so far in 2023. The worry is that Alphabet is falling behind in the AI race which could weaken its immense grip over the online search market. The reality is that, even if it takes Alphabet some time to catch up in the AI race, its platforms like Google and YouTube should continue to thrive. After all, they are the two most popular websites in the world. Analysts expect about 10% earnings growth this year and an acceleration up to 20% growth next year. Plus, shares currently trade at about 20 times earnings while Alphabet totes a robust balance sheet. That should bring buyers, both for growth and value. Broadcom (AVGO) Source: Shutterstock I have been pounding the table on Broadcom (NASDAQ:AVGO) for a few quarters now and it’s not hard to understand why. The company boasts solid growth, an attractive dividend and a reasonable valuation. Of course, several of those qualities have become less attractive as the stock has now rallied in six straight months. Currently AVGO is up more than 50% from the lows, and clearly shares have enjoyed a big rally. However, if the gains continue in the semiconductor space, it’s hard to imagine some of those funds won’t flow into Broadcom stock. That’s as consensus expectations call for 7% revenue growth this year and 10% earnings growth. Meanwhile, shares trade at just 15 times earnings and the dividend yield sits near 3%. If this stock’s rally ends, then it is one I would certainly look to buy on the dip. Palo Alto Networks (PANW) Source: Shutterstock It seems like mega-cap tech stocks to buy are getting all the love lately, but few investors seem to be talking about Palo Alto Networks (NASDAQ:PANW) anymore. This name has been on my watchlist as the stock tends to enjoy large upside moves and painful downside corrections. The rallies are enjoyable when they occur and, for now, the stock is in “rally mode.” Shares have climbed in three straight months, up more than 50% amid that run. Within that stretch, PANW stock climbed in 10 out of 12 weeks, with one of the down weeks showing a loss of just 0.04%. While these stats can be dull to read, they underscore my point. Palo Alto Networks stock is up a tremendous amount in a short period of time. Despite it having multiple tailwinds and strong growth in its pipeline, the stock logged its 52-week low in early January 2023. If this name continues higher, all-time highs are possible. It would take a gain of just 6.8% from current levels to get there. But use some caution, too. While this is an excellent firm, things can change in a hurry when it comes to stock performance. If the stock seems to be in a correction, look to buy PANW in the dip. On the date of publication, Bret Kenwell 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. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. The post 3 Tech Stocks That Still Have Room to Run 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.	Alphabet (GOOGL, GOOG) Source: Koshiro K / Shutterstock.com While Microsoft (NASDAQ:MSFT) seems to be getting all the credit in regards to AI, and Apple (NASDAQ:AAPL) gets all the focus for mega-cap tech, many investors seem to be forgetting about Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). The worry is that Alphabet is falling behind in the AI race which could weaken its immense grip over the online search market. The reality is that, even if it takes Alphabet some time to catch up in the AI race, its platforms like Google and YouTube should continue to thrive.	Alphabet (GOOGL, GOOG) Source: Koshiro K / Shutterstock.com While Microsoft (NASDAQ:MSFT) seems to be getting all the credit in regards to AI, and Apple (NASDAQ:AAPL) gets all the focus for mega-cap tech, many investors seem to be forgetting about Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Broadcom (AVGO) Source: Shutterstock I have been pounding the table on Broadcom (NASDAQ:AVGO) for a few quarters now and it’s not hard to understand why. Palo Alto Networks (PANW) Source: Shutterstock It seems like mega-cap tech stocks to buy are getting all the love lately, but few investors seem to be talking about Palo Alto Networks (NASDAQ:PANW) anymore.	Alphabet (GOOGL, GOOG) Source: Koshiro K / Shutterstock.com While Microsoft (NASDAQ:MSFT) seems to be getting all the credit in regards to AI, and Apple (NASDAQ:AAPL) gets all the focus for mega-cap tech, many investors seem to be forgetting about Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). InvestorPlace - Stock Market News, Stock Advice & Trading Tips Without question, tech has been the best-performing group so far in 2023. Palo Alto Networks (PANW) Source: Shutterstock It seems like mega-cap tech stocks to buy are getting all the love lately, but few investors seem to be talking about Palo Alto Networks (NASDAQ:PANW) anymore.	Alphabet (GOOGL, GOOG) Source: Koshiro K / Shutterstock.com While Microsoft (NASDAQ:MSFT) seems to be getting all the credit in regards to AI, and Apple (NASDAQ:AAPL) gets all the focus for mega-cap tech, many investors seem to be forgetting about Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Understandably, that’s got investors looking at the best tech stocks to buy. The reality is that, even if it takes Alphabet some time to catch up in the AI race, its platforms like Google and YouTube should continue to thrive.
16266.0	2023-04-19 00:00:00 UTC	Technology Sector Update for 04/19/2023: META, GOOG, GOOGL, AAPL, GFS, IBM	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-19-2023%3A-meta-goog-googl-aapl-gfs-ibm	nan	nan	Tech stocks were lower late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index falling almost 1%. In company news, Meta (META) on Wednesday started laying off employees in technical roles as part of the Facebook parent's most recent round of job cuts, CNBC reported. The shares were down 1%. Alphabet (GOOG) unit Google will launch its first foldable smartphone, Pixel Fold, in June, making it the tech giant's most expensive phone in the Pixel family at more than $1,700, CNBC reported, citing internal documents and images. Alphabet shares were 0.1% softer. GlobalFoundries (GFS) said it has filed a lawsuit against IBM (IBM) for alleged misappropriation of trade secrets. GlobalFoundries shares were down 1.6%, and IBM was down 1.3%. Apple (AAPL) shares were up 0.6%. JPMorgan Chase raised its price target to $190 from $175 while keeping its overweight call. 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) shares were up 0.6%. Tech stocks were lower late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index falling almost 1%. Alphabet (GOOG) unit Google will launch its first foldable smartphone, Pixel Fold, in June, making it the tech giant's most expensive phone in the Pixel family at more than $1,700, CNBC reported, citing internal documents and images.	Apple (AAPL) shares were up 0.6%. In company news, Meta (META) on Wednesday started laying off employees in technical roles as part of the Facebook parent's most recent round of job cuts, CNBC reported. Alphabet (GOOG) unit Google will launch its first foldable smartphone, Pixel Fold, in June, making it the tech giant's most expensive phone in the Pixel family at more than $1,700, CNBC reported, citing internal documents and images.	Apple (AAPL) shares were up 0.6%. The shares were down 1%. Alphabet (GOOG) unit Google will launch its first foldable smartphone, Pixel Fold, in June, making it the tech giant's most expensive phone in the Pixel family at more than $1,700, CNBC reported, citing internal documents and images.	Apple (AAPL) shares were up 0.6%. Tech stocks were lower late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index falling almost 1%. The shares were down 1%.
16267.0	2023-04-19 00:00:00 UTC	Netflix Earnings Just Signaled a Buy for Tech Stocks	AAPL	https://www.nasdaq.com/articles/netflix-earnings-just-signaled-a-buy-for-tech-stocks	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips Welcome to earnings season! Pay close attention over the next few weeks because this may be the most important earnings season in recent history. How this earnings season plays out could determine where stocks go over the next few months. It all boils down to basic math. Market Check-Up The S&P 500 is currently sitting at 19X forward earnings estimates, a very normal valuation for the market. Since 2017, stocks have averaged a 20X forward earnings multiple. Following the 2008 financial crisis, they averaged a 17X forward earnings multiple. In fact, going all the way back to 1990, the market’s average forward earnings multiple has been about 19X. At 19X forward earnings today, then, the stock market is trading at a very fair valuation. P/E multiples have some, but not much, room to expand if Treasury yields fall (they are inversely related). Therefore, the next leg higher in stocks will need to be driven by higher earnings – not P/E multiple expansion. Wall Street’s consensus earnings estimate for 2023 peaked in the middle of 2022 at $230 per share. Since then, it has dropped to about $218 per share. The quality of this earnings season will determine whether that $218 can rebound back to $230, or whether it needs to fall further to $210. Of course, which way it goes will determine which way stocks go into summer. Let’s say the 2023 EPS estimate trends up to $230. The current 19X forward multiple implies a short-term S&P 500 target of nearly 4,440 – about 5% higher than current levels. The same math with a 2023 EPS estimate of $210 gives you a summer target for the market of 3,990 – about 5% lower. In short, whether or not stocks rally 5% or crash 5% into the summer will depend on the upcoming earnings season. And early results are promising. The Netflix Earnings Silver Lining Last night, streaming titan Netflix (NFLX) reported mixed results. However, the company’s commentary suggested that we may be in store for strong earnings reports from Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), and more over the next few weeks. If so, that means it’s time to buy tech stocks. Netflix’s earnings themselves weren’t great. Now, the company beat most first-quarter metrics, including subscribers, revenues, profit margins, and earnings. But management offered guidance to lighter-than-expected revenues, margins, earnings, and subscriber growth in the second quarter. Not great. Netflix stock immediately dropped about 10% after the earnings report hit the tape. But the stock bounced all the way back to the flat line once investors found out why Netflix’s second-quarter guidance was so weak. In short, Netflix planned to expand its password-sharing crackdown efforts toward the end of the first quarter of 2023. That included a rollout of those efforts in the all-important U.S. market. Instead, Netflix pushed back that expansion to the second quarter, which means the financial benefits of those efforts will be reflected in the third-quarter numbers, not the second-quarter numbers. It’s all about timing. Of course, you have to ask: Why did Netflix push back this effort? Because it’s learning. This is the first time Netflix – or anyone, really – has embarked on a widespread password-sharing crackdown campaign on this scale. Netflix is learning with each market rollout and incorporating those lessons into its strategy before tackling the next market. That’s smart. And it means the delay in the U.S. password-sharing crackdown is absolutely worth it. Simply consider: In Canada, where these efforts have already launched, the paid membership base is now larger than it was prior to the crackdown. And revenue has accelerated to above pre-password-sharing levels. Canada is a good analog for the U.S. Therefore, following its password-sharing suppression in the U.S., Q3 Netflix earnings should reflect the big growth acceleration investors were expecting in Q2. In other words, the weak Q2 guidance is nothing to worry about. Much stronger results are on deck in Q3 and Q4. Ahead of that, investors will likely continue to push Netflix stock higher. The Implications for Tech Stocks Zooming out, Netflix earnings provide a positive read-through for the whole tech sector. Subscriber growth was healthy in the quarter, indicating a resilient consumer willing to spend on products and services. The new ad business continued to grow nicely. And advertiser demand for Netflix’s inventory was very strong, indicating that the digital ad industry may be rebounding from its 2022 mini-recession. Those two takeaways are great news for other Big Tech firms. Strong consumer spending trends bode well for Amazon (AMZN), Microsoft, and Apple. Rebounding digital ad spending trends are a major positive for Alphabet and Meta (META). If those Big Tech firms – most of which report earnings over the next 10 days – all report strong results, we’re due for a massive rally in tech stocks into the summer. Tech stocks look technically primed for this big rally. The tech-heavy Nasdaq bottomed in December 2022. Ever since, it has formed a very solid technical uptrend wherein the index has retaken its 200-day moving average. Importantly, the index formed a super-bullish “golden cross” signal last month, suggesting this is the start of a new tech bull market. Right now, the Nasdaq is mid-channel in its breakout trend and looks like it’s just waiting for a big catalyst to shoot meaningfully higher. Strong Big Tech earnings could be that catalyst. Therefore, we think the outlook for tech stocks going into summer is exceedingly positive. It looks like it is time to buy. The Final Word on Netflix Earnings We’re looking for strong Big Tech earnings over the next two weeks to spark a big summer breakout in tech stocks. We think some stocks could rally 10% to 20% into the summer. Others could rally more than 50%. And we think a few could double. You see… the U.S. government is developing a top-secret technology that many compare to the discovery of fire itself. And one tiny stock is developing the best form of this technology right now. This stock could be the next Microsoft or Nvidia (NVDA). It has trillion-dollar potential. And it could be one of the stock market’s biggest winners in the coming tech stock breakout. Learn all about this stock and its breakthrough tech. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. The post Netflix Earnings Just Signaled a Buy for Tech 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.	However, the company’s commentary suggested that we may be in store for strong earnings reports from Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), and more over the next few weeks. But the stock bounced all the way back to the flat line once investors found out why Netflix’s second-quarter guidance was so weak. Importantly, the index formed a super-bullish “golden cross” signal last month, suggesting this is the start of a new tech bull market.	However, the company’s commentary suggested that we may be in store for strong earnings reports from Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), and more over the next few weeks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Welcome to earnings season! Instead, Netflix pushed back that expansion to the second quarter, which means the financial benefits of those efforts will be reflected in the third-quarter numbers, not the second-quarter numbers.	However, the company’s commentary suggested that we may be in store for strong earnings reports from Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), and more over the next few weeks. The Implications for Tech Stocks Zooming out, Netflix earnings provide a positive read-through for the whole tech sector. If those Big Tech firms – most of which report earnings over the next 10 days – all report strong results, we’re due for a massive rally in tech stocks into the summer.	However, the company’s commentary suggested that we may be in store for strong earnings reports from Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), and more over the next few weeks. If so, that means it’s time to buy tech stocks. If those Big Tech firms – most of which report earnings over the next 10 days – all report strong results, we’re due for a massive rally in tech stocks into the summer.
16268.0	2023-04-19 00:00:00 UTC	Technology Sector Update for 04/19/2023: GFS, IBM, AAPL, META	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-19-2023%3A-gfs-ibm-aapl-meta	nan	nan	Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the Philadelphia Semiconductor index falling 1%. In company news, GlobalFoundries (GFS) said it has filed a lawsuit against IBM (IBM) for alleged misappropriation of trade secrets. GlobalFoundries shares were down 1.6%, and IBM was down 1.4%. Apple (AAPL) shares were up 0.8%. JPMorgan Chase raised its price target to $190 from $175 while keeping its overweight call. Meta Platforms (META) will reportedly begin a new round of layoffs on Wednesday, multiple media outlets reported, citing an internal memo allegedly sent to employees and unnamed sources. Meta shares were 0.6% lower. 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) shares were up 0.8%. Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the Philadelphia Semiconductor index falling 1%. JPMorgan Chase raised its price target to $190 from $175 while keeping its overweight call.	Apple (AAPL) shares were up 0.8%. Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the Philadelphia Semiconductor index falling 1%. In company news, GlobalFoundries (GFS) said it has filed a lawsuit against IBM (IBM) for alleged misappropriation of trade secrets.	Apple (AAPL) shares were up 0.8%. In company news, GlobalFoundries (GFS) said it has filed a lawsuit against IBM (IBM) for alleged misappropriation of trade secrets. Meta Platforms (META) will reportedly begin a new round of layoffs on Wednesday, multiple media outlets reported, citing an internal memo allegedly sent to employees and unnamed sources.	Apple (AAPL) shares were up 0.8%. GlobalFoundries shares were down 1.6%, and IBM was down 1.4%. JPMorgan Chase raised its price target to $190 from $175 while keeping its overweight call.
16269.0	2023-04-19 00:00:00 UTC	JP Morgan Maintains Apple (AAPL) Overweight Recommendation	AAPL	https://www.nasdaq.com/articles/jp-morgan-maintains-apple-aapl-overweight-recommendation	nan	nan	Fintel reports that on April 19, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. Analyst Price Forecast Suggests 4.34% Upside As of April 6, 2023, the average one-year price target for Apple is $173.69. The forecasts range from a low of $119.18 to a high of $215.25. The average price target represents an increase of 4.34% from its latest reported closing price of $166.47. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Apple is $413,641MM, an increase of 6.74%. The projected annual non-GAAP EPS is $6.36. For more in-depth coverage of Apple, view the free, crowd-sourced company research report on Finpedia. What are Other Shareholders Doing? InterOcean Capital Group holds 847K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 774K shares, representing an increase of 8.65%. The firm decreased its portfolio allocation in AAPL by 8.22% over the last quarter. Investment Partners holds 39K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 155K shares, representing a decrease of 301.79%. The firm decreased its portfolio allocation in AAPL by 76.73% over the last quarter. First Republic Investment Management holds 11,349K shares representing 0.07% ownership of the company. In it's prior filing, the firm reported owning 11,189K shares, representing an increase of 1.41%. The firm decreased its portfolio allocation in AAPL by 18.51% over the last quarter. DSHFX - Destinations Shelter Fund Class I holds 48K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 51K shares, representing a decrease of 5.55%. The firm decreased its portfolio allocation in AAPL by 7.97% over the last quarter. GATEX - Gateway Fund Shares holds 3,013K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 3,248K shares, representing a decrease of 7.81%. The firm decreased its portfolio allocation in AAPL by 10.49% over the last quarter. What is the Fund Sentiment? There are 6402 funds or institutions reporting positions in Apple. This is an increase of 198 owner(s) or 3.19% in the last quarter. Average portfolio weight of all funds dedicated to AAPL is 2.54%, a decrease of 34.03%. Total shares owned by institutions increased in the last three months by 0.33% to 10,151,771K shares. The put/call ratio of AAPL is 1.02, indicating a bearish outlook. Apple Background Information (This description is provided by the company.) Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, the AirPods wireless earbuds, the AirPods Max headphones, and the HomePod smart speaker line. Apple's software includes iOS, iPadOS, macOS, watchOS, and tvOS operating systems, the iTunes media player, the Safari web browser, the Shazam music identifier, and the iLife and iWork creativity and productivity suites, as well as professional applications like Final Cut Pro X, Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App Store, Mac App Store, Apple Arcade, Apple Music, Apple TV+, iMessage, and iCloud. Other services include Apple Store, Genius Bar, AppleCare, Apple Pay, Apple Pay Cash, and Apple Card. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell Wozniak's Apple I personal computer, though Wayne sold his share back within 12 days. It was incorporated as Apple Computer, Inc., in January 1977, and sales of its computers, including the Apple I and Apple II, grew quickly. See all Apple regulatory filings. 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.	Fintel reports that on April 19, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. The firm decreased its portfolio allocation in AAPL by 8.22% over the last quarter. The firm decreased its portfolio allocation in AAPL by 76.73% over the last quarter.	Fintel reports that on April 19, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. The firm decreased its portfolio allocation in AAPL by 8.22% over the last quarter. The firm decreased its portfolio allocation in AAPL by 76.73% over the last quarter.	Fintel reports that on April 19, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. The firm decreased its portfolio allocation in AAPL by 8.22% over the last quarter. The firm decreased its portfolio allocation in AAPL by 76.73% over the last quarter.	Fintel reports that on April 19, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. The firm decreased its portfolio allocation in AAPL by 8.22% over the last quarter. The firm decreased its portfolio allocation in AAPL by 76.73% over the last quarter.
16270.0	2023-04-19 00:00:00 UTC	Apple CEO meets India PM Modi, commits to growth and investment	AAPL	https://www.nasdaq.com/articles/apple-ceo-meets-india-pm-modi-commits-to-growth-and-investment	nan	nan	NEW DELHI, April 19 (Reuters) - Apple Inc AAPL.O Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi. Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesday in Mumbai. Apple will also open a retail store in New Delhi on Thursday. "We share your vision of the positive impact technology can make on India's future — from education and developers to manufacturing and the environment, we're committed to growing and investing across the country," Cook wrote on Twitter and shared a picture of him shaking hands with Modi. In response, the Indian PM tweeted that it was an "absolute delight" to meet Cook. "Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India," Modi said. Cook's visit to India underscores Apple's growing ambitions for the country, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports. (Reporting by Shivam Patel in New Delhi; editing by Jonathan Oatis) ((Shivam.Patel@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.	NEW DELHI, April 19 (Reuters) - Apple Inc AAPL.O Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi. Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesday in Mumbai. "Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India," Modi said.	NEW DELHI, April 19 (Reuters) - Apple Inc AAPL.O Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi. "We share your vision of the positive impact technology can make on India's future — from education and developers to manufacturing and the environment, we're committed to growing and investing across the country," Cook wrote on Twitter and shared a picture of him shaking hands with Modi. Cook's visit to India underscores Apple's growing ambitions for the country, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.	NEW DELHI, April 19 (Reuters) - Apple Inc AAPL.O Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi. "We share your vision of the positive impact technology can make on India's future — from education and developers to manufacturing and the environment, we're committed to growing and investing across the country," Cook wrote on Twitter and shared a picture of him shaking hands with Modi. Cook's visit to India underscores Apple's growing ambitions for the country, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.	NEW DELHI, April 19 (Reuters) - Apple Inc AAPL.O Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi. Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesday in Mumbai. Apple will also open a retail store in New Delhi on Thursday.
16271.0	2023-04-19 00:00:00 UTC	Netflix (NFLX) Q1 Earnings Beat, Revenues Up Y/Y on User Gain	AAPL	https://www.nasdaq.com/articles/netflix-nflx-q1-earnings-beat-revenues-up-y-y-on-user-gain	nan	nan	Netflix NFLX reported first-quarter 2023 earnings of $2.88 per share, beating the Zacks Consensus Estimate by 1.77%. However, the figure slumped 18.4% year over year. Revenues of $8.16 billion increased 3.7% year over year but lagged the consensus mark by 0.25%. On a foreign-exchange neutral basis, revenues grew 8% year over year. The average revenues per membership decreased 1% year over year on a reported basis but increased 4% on a foreign-exchange neutral basis. The streaming giant gained 1.75 million paid subscribers globally. It lost 0.2 million paid subscribers in the year-ago quarter. At the end of the first quarter, Netflix had 232.5 million paid subscribers globally, up 4.9% year over year. Netflix, Inc. Price, Consensus and EPS Surprise Netflix, Inc. price-consensus-eps-surprise-chart \| Netflix, Inc. Quote Although Netflix is suffering from growing competition from services provided by Amazon AMZN, Disney DIS and Apple AAPL, the company benefited from a strong content portfolio in the reported quarter. Hit shows like The Night Agent, The Glory, Full Swing, and That 90s Show helped Netflix win subscribers. Noteworthy movies include You People, Luther: The Fallen Sun and the much-anticipated Murder Mystery 2. The company launched paid sharing in four countries (Canada, New Zealand, Spain, and Portugal) during the reported quarter. Although it witnessed cancellations at the initial stage of the launch, engagement gradually improved in the reported quarter. In the second quarter, Netflix plans to expand the paid sharing roll-out to other countries, including the United States. It also announced that it is shutting down DVD.com later this year. It will be shipping the final DVDs on Sep 29, 2023. Shares of this Zacks Rank #3 (Hold) company were down almost 1.4% in pre-market trading. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The company’s shares have underperformed Apple but outperformed Disney and Amazon year to date. While Netflix shares declined 4.3%, Apple, Disney and Amazon lost 0.6%, 23.5% and 35.3%, respectively. Amazon, Apple and Disney are set to report their quarterly results on Apr 27, May 4 and May 10, respectively. Netflix’s Segmental Revenue Details The United States and Canada (“UCAN") reported revenues of $3.61 billion, which rose 7.7% year over year and accounted for 44.2% of total revenues. ARPU grew 9% from the year-ago quarter on a foreign-exchange neutral basis. The paid subscriber base for UCAN decreased 0.2% from the year-ago quarter to 74.40 million. The company gained 0.102 million paid subscribers compared with the year-ago quarter’s loss of 0.636 million. Europe, Middle East & Africa (“EMEA”) reported revenues of $2.52 billion, which declined 1.7% year over year and accounted for 30.9% of total revenues. ARPU inched up 1% from the year-ago quarter on a foreign-exchange neutral basis. The paid subscriber base for EMEA increased 4.9% from the year-ago quarter to 77.37 million. Netflix gained 0.644 million paid subscribers compared with the year-ago quarter’s net loss of 0.303 million. Latin America’s (LATAM) revenues of $1.07 billion increased 7.1% year over year, contributing 13.1% of total revenues. ARPU grew 8% from the year-ago quarter on a foreign-exchange neutral basis. The paid subscriber base for LATAM rose 4.1% from the year-ago quarter to 41.25 million. It lost 0.45 million paid subscribers compared with the year-ago quarter’s loss of 0.351 million. Asia Pacific’s (“APAC”) revenues of $933.5 million increased 1.8% year over year and accounted for 11.4% of total revenues. ARPU decreased 6% year over year on a foreign-exchange neutral basis. The paid subscriber base for APAC jumped 17.1% from the year-ago quarter to 39.48 million. The company added 1.5 million paid subscribers in the quarter, up 33.9% year over year. Operating Details Marketing expenses declined 0.1% year over year to $555.4 million. As a percentage of revenues, marketing expenses decreased 30 basis points (bps) to 6.8%. Operating income decreased 13.1% year over year to $1.71 billion, beating Netflix’s guidance of $1.63 billion, driven by higher revenues. Operating margin contracted 410 bps on a year-over-year basis to 21%, primarily due to unfavorable forex. Balance Sheet & Free Cash Flow Netflix had $7.83 billion of cash and cash equivalents as of Mar 31, 2023 compared with $6.06 billion as of Dec 31, 2022. Total debt was $14.44 billion as of Mar 31, 2023 compared with $14.35 billion as of Dec 31, 2022. Streaming content obligations were $21.53 billion as of Mar 31, 2023 compared with $21.83 billion as of Dec 31, 2022. Netflix reported a free cash flow of $2.1 billion compared with a free cash flow of $802 million in the previous quarter. Guidance For the second quarter of 2023, the company forecasts earnings of $2.84 per share, indicating an almost 20% decline from the figure reported in the year-ago quarter. The Zacks Consensus Estimate for the same is pegged at $2.97 per share, currently higher than the company’s expectation, but down 15.86% from the figure reported in the year-ago quarter. Total revenues are anticipated to be $8.242 billion, suggesting growth of 3.4% year over year or 6% on a forex-neutral basis. The consensus mark for revenues stands at $8.17 billion, almost in line with the company’s expectation and indicating 3.88% growth from the figure reported in the year-ago quarter. The quarterly operating margin is projected at 19% compared with the 19.8% reported in the year-ago quarter. For 2023, Netflix expects the operating margin to be in the 18%-20% range. It expects to generate a free cash flow of at least $3.5 billion, higher than its previous guidance of $3 billion. This reflects lower spending on content this year. For 2024, it expects to spend roughly $17 billion on content. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : 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.	Netflix, Inc. Price, Consensus and EPS Surprise Netflix, Inc. price-consensus-eps-surprise-chart \| Netflix, Inc. Quote Although Netflix is suffering from growing competition from services provided by Amazon AMZN, Disney DIS and Apple AAPL, the company benefited from a strong content portfolio in the reported quarter. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. In the second quarter, Netflix plans to expand the paid sharing roll-out to other countries, including the United States.	Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. Netflix, Inc. Price, Consensus and EPS Surprise Netflix, Inc. price-consensus-eps-surprise-chart \| Netflix, Inc. Quote Although Netflix is suffering from growing competition from services provided by Amazon AMZN, Disney DIS and Apple AAPL, the company benefited from a strong content portfolio in the reported quarter. Netflix’s Segmental Revenue Details The United States and Canada (“UCAN") reported revenues of $3.61 billion, which rose 7.7% year over year and accounted for 44.2% of total revenues.	Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. Netflix, Inc. Price, Consensus and EPS Surprise Netflix, Inc. price-consensus-eps-surprise-chart \| Netflix, Inc. Quote Although Netflix is suffering from growing competition from services provided by Amazon AMZN, Disney DIS and Apple AAPL, the company benefited from a strong content portfolio in the reported quarter. At the end of the first quarter, Netflix had 232.5 million paid subscribers globally, up 4.9% year over year.	Netflix, Inc. Price, Consensus and EPS Surprise Netflix, Inc. price-consensus-eps-surprise-chart \| Netflix, Inc. Quote Although Netflix is suffering from growing competition from services provided by Amazon AMZN, Disney DIS and Apple AAPL, the company benefited from a strong content portfolio in the reported quarter. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. The company added 1.5 million paid subscribers in the quarter, up 33.9% year over year.
16272.0	2023-04-19 00:00:00 UTC	Microsoft (MSFT) to Report Q3 Earnings: What's in the Cards?	AAPL	https://www.nasdaq.com/articles/microsoft-msft-to-report-q3-earnings%3A-whats-in-the-cards-0	nan	nan	Microsoft MSFT is set to report third-quarter fiscal 2023 results on Apr 25. The Zacks Consensus Estimate for revenues is pegged at $50.96 billion, indicating growth of 3.24% from the figure reported in the year-ago quarter. The consensus mark for earnings has remained steady at $2.22 per share over the past 30 days, suggesting flat year-over-year growth. Microsoft’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing in one, the average surprise being 1.12%. Let’s see how things have shaped up for the upcoming announcement: Microsoft Corporation Price and EPS Surprise Microsoft Corporation price-eps-surprise \| Microsoft Corporation Quote Teams Momentum to Aid Growth The momentum witnessed for Teams, Microsoft’s workspace communication offering, might have acted as a tailwind in the to-be-reported quarter. Teams’ user growth is expected to have been driven by the continuation of remote work and mainstream adoption of the hybrid/flexible work model. The introductions of Teams Rooms, Mesh for Teams and Teams Essentials are noteworthy developments. Teams’ expanding customer base and features have been actually helping this Zacks Rank #3 (Hold) company win shares in the enterprise communication market against Zoom ZM. Shares of Microsoft have gained 20.2% in the year-to-date period against Zoom’s decline of 0.7%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Strong adoption of Dynamics 365 is expected to have driven top-line growth in the to-be-reported quarter. Microsoft expects revenue growth in the low to mid-teens driven by continued growth in Dynamics 365, which is now more than 80% of total Dynamics revenues. Microsoft and OpenAI's shared commitment to building generative AI systems and products that are trustworthy and safe is noteworthy. In the to-be-reported quarter, Microsoft’s rollout of a Bing search chatbot based on technology is underlying OpenAI’s ChatGPT in a renewed attempt to bite off more market share from Google Search. PC Shipment Decline is Likely to Hurt Top Line Revenues from Windows are likely to have been driven by steady traction seen in Windows Commercial products and cloud services growth amid weak personal computer (PC) demand. The decline in PC shipments aggravated in the first quarter of 2023, according to the latest data compiled by market research firm, International Data Corporation (“IDC”). The first quarter marked the fifth consecutive quarter of PC sales decline, following two successive years of strong year-over-year growth, driven by pandemic-led increased demand for remote-working and online-learning tools. Among big PC vendors, Dell Technologies DELL, Apple AAPL and Lenovo registered a decrease in shipments. Apple registered the highest fall of 40.5% to 4.1 million units, followed by Dell Technologies’ 31% to 9.5 million PCs. For more personal computing, the company projects revenues between $11.9 billion and $12.3 billion, pressured by a sharp decline in the PC market. The company sees Windows OEM revenues to decline in the mid-to-high 30s in line with the PC market. The Zacks Consensus Estimate for More Personal Computing revenues is currently pegged at $12.13 billion, indicating 16.4% decline from the figure reported in the year-ago quarter. For Intelligent Cloud, Microsoft anticipates revenues in constant currency to increase between 17% and 19% to a range of $21.7-$22 billion. Microsoft warned that revenue growth from Azure, the cloud computing platform that has become one of the main engines of its business, would slow by 4 or 5 percentage points sequentially in the fiscal third quarter, leaving aside the effect of currency movements. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> 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 Dell Technologies Inc. (DELL) : Free Stock Analysis Report Zoom Video Communications, Inc. (ZM) : 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.	Among big PC vendors, Dell Technologies DELL, Apple AAPL and Lenovo registered a decrease in shipments. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. Teams’ expanding customer base and features have been actually helping this Zacks Rank #3 (Hold) company win shares in the enterprise communication market against Zoom ZM.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. Among big PC vendors, Dell Technologies DELL, Apple AAPL and Lenovo registered a decrease in shipments. Let’s see how things have shaped up for the upcoming announcement: Microsoft Corporation Price and EPS Surprise Microsoft Corporation price-eps-surprise \| Microsoft Corporation Quote Teams Momentum to Aid Growth The momentum witnessed for Teams, Microsoft’s workspace communication offering, might have acted as a tailwind in the to-be-reported quarter.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. Among big PC vendors, Dell Technologies DELL, Apple AAPL and Lenovo registered a decrease in shipments. Let’s see how things have shaped up for the upcoming announcement: Microsoft Corporation Price and EPS Surprise Microsoft Corporation price-eps-surprise \| Microsoft Corporation Quote Teams Momentum to Aid Growth The momentum witnessed for Teams, Microsoft’s workspace communication offering, might have acted as a tailwind in the to-be-reported quarter.	Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. Among big PC vendors, Dell Technologies DELL, Apple AAPL and Lenovo registered a decrease in shipments. Microsoft’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing in one, the average surprise being 1.12%.
16273.0	2023-04-19 00:00:00 UTC	U.S. stock futures retreat as Treasury yields rise, Tesla slides	AAPL	https://www.nasdaq.com/articles/u.s.-stock-futures-retreat-as-treasury-yields-rise-tesla-slides	nan	nan	By Sruthi Shankar and Ankika Biswas April 19 (Reuters) - U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates higher for longer, while a slide in Tesla and Netflix shares was set to weigh on the tech-heavy Nasdaq. Tesla Inc TSLA.O dropped 2.0% in premarket trading after the electric-vehicle maker cut prices on some of its Model Y and Model 3 vehicles in the United States, the sixth time it has lowered prices this year. The company is due to report January-March quarter results after the closing bell on Wednesday. Netflix Inc NFLX.O fell 1.7% after the video-streaming pioneer beat Wall Street earnings estimates for the first quarter but offered a downbeat forecast. Morgan Stanley MS.N slipped 1.2% after the Wall Street bank reported a fall in quarterly profit, a day after peer Goldman Sachs Group Inc GS.N posted a 19% fall in profit on hit to dealmaking and losses from the sale of some loans from its consumer unit, Marcus. The CBOE Volatility index .VIX, also known as Wall Street's fear gauge, rose to 17.47 after falling to its lowest level since January 2022 in the previous session. The benchmark S&P 500 .SPX closed at a more than two-month high on Tuesday as strength in some big technology stocks countered disappointing quarterly reports from Johnson & Johnson JNJ.N and Goldman Sachs. While the start of the earnings season has been largely supportive for equities, investors will be closely watching updates from market heavyweights as well as consumer companies for signs of inflation and economic slowdown hurting margins. Mixed economic data recently has fueled bets that the U.S. central bank will hike interest rates by 25 basis points in May, with traders giving nearly 85% odds for such a move, as per CME Group's Fedwatch tool. The 2-year Treasury yield US2YT=RR, most reflective of short-term rate expectations, hit a one-month high of 4.29% on Wednesday and the 10-year yield US10YT=RR hit a four-week high as traders scaled back expectations of rate cuts later this year. US/ "Although some of the economic indicators suggest the economy is likely to avoid a recession, the fact is that the cost of borrowing is now at such a level as to deter some consumers from financing their debt," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. "This will cause the economy to enter a mild recession, however, it will be only short-lived and may last for a quarter." Major technology and growth stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O were down between 0.6% and 1.5%. The Fed's "Beige Book", a snapshot of the health of the U.S. economy, will be released at 2:00 p.m. ET (1800 GMT), and investors will scrutinize it for the impact of the recent banking crisis on economic activity. Chicago Fed President Austan Goolsbee and New York President John Williams are set to speak later in the day. At 7:10 a.m. ET, Dow e-minis 1YMcv1 were down 120 points, or 0.35%, S&P 500 e-minis EScv1 were down 21.5 points, or 0.51%, and Nasdaq 100 e-minis NQcv1 were down 104.75 points, or 0.79%. Further on the earnings front, Citizens Financial Group Inc CFG.N fell 1.5% after its first-quarter results missed estimates. Western Alliance Bancorp WAL.N rallied 18% after the regional bank posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis. Shares of banks First Republic Bank FRC.N, Zions Bancorporation ZION.O and Pacwest Bancorp PACW.O rose between 2% and 4.8%. (Reporting by Sruthi Shankar and Ankika Biswas in Bengaluru Editing by Vinay Dwivedi) ((sruthi.shankar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2787;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Major technology and growth stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O were down between 0.6% and 1.5%. By Sruthi Shankar and Ankika Biswas April 19 (Reuters) - U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates higher for longer, while a slide in Tesla and Netflix shares was set to weigh on the tech-heavy Nasdaq. Mixed economic data recently has fueled bets that the U.S. central bank will hike interest rates by 25 basis points in May, with traders giving nearly 85% odds for such a move, as per CME Group's Fedwatch tool.	Major technology and growth stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O were down between 0.6% and 1.5%. By Sruthi Shankar and Ankika Biswas April 19 (Reuters) - U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates higher for longer, while a slide in Tesla and Netflix shares was set to weigh on the tech-heavy Nasdaq. Morgan Stanley MS.N slipped 1.2% after the Wall Street bank reported a fall in quarterly profit, a day after peer Goldman Sachs Group Inc GS.N posted a 19% fall in profit on hit to dealmaking and losses from the sale of some loans from its consumer unit, Marcus.	Major technology and growth stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O were down between 0.6% and 1.5%. By Sruthi Shankar and Ankika Biswas April 19 (Reuters) - U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates higher for longer, while a slide in Tesla and Netflix shares was set to weigh on the tech-heavy Nasdaq. Morgan Stanley MS.N slipped 1.2% after the Wall Street bank reported a fall in quarterly profit, a day after peer Goldman Sachs Group Inc GS.N posted a 19% fall in profit on hit to dealmaking and losses from the sale of some loans from its consumer unit, Marcus.	Major technology and growth stocks such as Apple Inc AAPL.O, Microsoft Corp MSFT.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O were down between 0.6% and 1.5%. By Sruthi Shankar and Ankika Biswas April 19 (Reuters) - U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates higher for longer, while a slide in Tesla and Netflix shares was set to weigh on the tech-heavy Nasdaq. The benchmark S&P 500 .SPX closed at a more than two-month high on Tuesday as strength in some big technology stocks countered disappointing quarterly reports from Johnson & Johnson JNJ.N and Goldman Sachs.
16274.0	2023-04-19 00:00:00 UTC	Will Nvidia Be Worth More Than Apple by 2030?	AAPL	https://www.nasdaq.com/articles/will-nvidia-be-worth-more-than-apple-by-2030	nan	nan	Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) were two of the best-performing tech stocks over the last decade. Nvidia returned 8,100%, while Apple stock climbed 985%. As those returns indicate, Nvidia was the faster-growing business. A lot of this has to do with Nvidia being a smaller company than Apple and selling its high-powered graphics processing units (GPUs) into the growing data center market driven by the adoption of artificial intelligence (AI) and other high-performance computing applications. Nvidia estimates its growth opportunity at more than 20 times its current annual revenue, so it still has a high enough ceiling to outpace Apple for several more years. But Apple is not sitting still, and the iPhone maker already has a market cap (stock price times total shares outstanding) of $2.6 trillion, compared to $660 billion for Nvidia. To answer the main question here, the first thing to do is establish a future value for Apple using reasonable growth and valuation assumptions. Then, you can better determine how much Nvidia's stock needs to climb to surpass Apple in market value. Projecting Apple's future worth The rapid adoption of the iPhone was responsible for Apple's growth for most of the last decade. But in recent years, the smartphone market slowed as it becomes more saturated worldwide. The higher margins from services sales is a key reason why Apple stock continued to climb in recent years. From fiscal 2017 through fiscal 2022, services increased from 14% of total revenue to nearly 20%. The higher-margin sales, along with management's share repurchase program, helped more than double Apple's earnings per share (EPS). AAPL data by YCharts. Both hardware and services growth could power Apple's stock higher for the foreseeable future. In Apple's last business update, CFO Luca Maestri said the services business still has a "large long-term opportunity." On the hardware side, Apple has a pipeline of new products rumored to be in development, including a mixed-reality headset that could be unveiled later this year, with Apple smart glasses coming later. In addition, Apple has been long rumored to be working on a car. All these products might be unveiled within the next five years. Apple generated earnings per share of $6.11 in fiscal 2022. If Apple's improving margins from services and continued growth in hardware can grow its earnings per share around 15% per year, consistent with previous years, it would have earnings of $16.25 per share in 2030. If the stock is trading at a price-to-earnings ratio of 25, which is slightly lower than its current multiple of 28, that would translate to a share price of $406, or a market cap of $6.4 trillion. Nvidia is chasing a monster You can start to see the challenge for fast-growing Nvidia to keep up with Apple. Nvidia's stock would have to rise by at least 800% from today's share price to match Apple's projected market cap in seven years. Sure, it's possible Apple may not grow its earnings as much as projected. If earnings grow slower, say 10% per year, consistent with Wall Street estimates, Apple won't be worth as much, and Nvidia will have an easier time catching up. But this goes both ways. Nvidia is operating in a competitive semiconductor industry, and the graphics specialist is also prone to cycles in chip demand, as its recent revenue performance shows. NVDA Revenue (Quarterly) data by YCharts Nvidia's second-largest business -- gaming GPUs -- experienced a significant decline in revenue last year due to weakness in consumer demand. Nvidia is also starting to see slowing growth in its largest business, data centers, due to tightening cloud spending budgets over macroeconomic headwinds. Which is the better stock to buy? Although it trades at an expensive 59 times this year's earnings estimates, it's not inconceivable that Nvidia could become the most valuable company in the world someday. But it is unlikely to outpace Apple in the timeframe referenced. A safer prediction to make is that, with AI emerging as a bigger opportunity than the market believed just a year ago, Nvidia stock has enough momentum powering its business over the long term to outperform Apple stock just as it has done over the last 10 years. 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 April 10, 2023 John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Nvidia. 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.	Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) were two of the best-performing tech stocks over the last decade. AAPL data by YCharts. A lot of this has to do with Nvidia being a smaller company than Apple and selling its high-powered graphics processing units (GPUs) into the growing data center market driven by the adoption of artificial intelligence (AI) and other high-performance computing applications.	Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) were two of the best-performing tech stocks over the last decade. AAPL data by YCharts. But Apple is not sitting still, and the iPhone maker already has a market cap (stock price times total shares outstanding) of $2.6 trillion, compared to $660 billion for Nvidia.	Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) were two of the best-performing tech stocks over the last decade. AAPL data by YCharts. If Apple's improving margins from services and continued growth in hardware can grow its earnings per share around 15% per year, consistent with previous years, it would have earnings of $16.25 per share in 2030.	Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) were two of the best-performing tech stocks over the last decade. AAPL data by YCharts. If Apple's improving margins from services and continued growth in hardware can grow its earnings per share around 15% per year, consistent with previous years, it would have earnings of $16.25 per share in 2030.
16275.0	2023-04-19 00:00:00 UTC	Western Alliance stocks surge as results allay deposit fears	AAPL	https://www.nasdaq.com/articles/western-alliance-stocks-surge-as-results-allay-deposit-fears	nan	nan	By Noel Randewich April 19 (Reuters) - Shares of Western Alliance Bancorp WAL.N surged over 20% on Wednesday after the regional bank posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis. The Phoenix, Arizona bank was among several regional players punished by stock investors last month as consumers shifted their deposits into bigger institutions following the collapse of Silicon Valley Bank. Western Alliance said late on Tuesday that total deposits fell 11% to $47.6 billion in the first quarter from the previous three months, but that deposits steadied late in the quarter and grew $2 billion from March 31 to April 14. Balance sheet repositioning, which included selling some assets and reclassifying loans, resulted in non-operating charges of $110 million. "WAL's decisive balance sheet actions and resulting meaningful capital build are exactly what we wanted," Keefe, Bruyette and Woods analyst Christopher McGratty wrote in a client note on Wednesday. Wedbush raised its rating on Western Alliance to "outperform" from "neutral" and added the bank to its "Best ideas list", among stocks including Apple AAPL.O and Microsoft MSFT.O. Western Alliance's results helped lift the SPDR S&P Regional Banking ETF KRE.P nearly 2%, while Zions Bancorp ZION.O jumped nearly 5% ahead of its report due after the bell. The rally in Western Alliance following its report stands out among several regional banks that have posted their quarterly results this week. Citizens Financial Group Inc CFG.N tumbled 2% after reporting a quarterly profit early on Wednesday that missed Wall Street's estimates. U.S. Bancorp USB.N dipped 0.1% after beating estimates for first-quarter profit, while increasing its rainy-day funds to $427 million from $112 million last year. Charles Schwab Corp's SCHW.N stock has climbed about 10% this week after the brokerage's quarterly profit surpassed estimates on Monday, while its slump in deposits was not as severe as expected. Western Alliance's stock remains down nearly 50% from early March, before Silicon Valley Bank's implosion. Western Alliance rebounds as report allays investor worrieshttps://tmsnrt.rs/3mPTXCM (Reporting by Noel Randewich) ((noel.randewich@tr.com; Twitter: @randewich;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Wedbush raised its rating on Western Alliance to "outperform" from "neutral" and added the bank to its "Best ideas list", among stocks including Apple AAPL.O and Microsoft MSFT.O. "WAL's decisive balance sheet actions and resulting meaningful capital build are exactly what we wanted," Keefe, Bruyette and Woods analyst Christopher McGratty wrote in a client note on Wednesday. Western Alliance's results helped lift the SPDR S&P Regional Banking ETF KRE.P nearly 2%, while Zions Bancorp ZION.O jumped nearly 5% ahead of its report due after the bell.	Wedbush raised its rating on Western Alliance to "outperform" from "neutral" and added the bank to its "Best ideas list", among stocks including Apple AAPL.O and Microsoft MSFT.O. By Noel Randewich April 19 (Reuters) - Shares of Western Alliance Bancorp WAL.N surged over 20% on Wednesday after the regional bank posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis. Western Alliance's stock remains down nearly 50% from early March, before Silicon Valley Bank's implosion.	Wedbush raised its rating on Western Alliance to "outperform" from "neutral" and added the bank to its "Best ideas list", among stocks including Apple AAPL.O and Microsoft MSFT.O. By Noel Randewich April 19 (Reuters) - Shares of Western Alliance Bancorp WAL.N surged over 20% on Wednesday after the regional bank posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis. Western Alliance said late on Tuesday that total deposits fell 11% to $47.6 billion in the first quarter from the previous three months, but that deposits steadied late in the quarter and grew $2 billion from March 31 to April 14.	Wedbush raised its rating on Western Alliance to "outperform" from "neutral" and added the bank to its "Best ideas list", among stocks including Apple AAPL.O and Microsoft MSFT.O. By Noel Randewich April 19 (Reuters) - Shares of Western Alliance Bancorp WAL.N surged over 20% on Wednesday after the regional bank posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis. Balance sheet repositioning, which included selling some assets and reclassifying loans, resulted in non-operating charges of $110 million.
16276.0	2023-04-19 00:00:00 UTC	2 Growth Stocks Ken Griffin (the Most Profitable Hedge Fund Manager Ever) Is Buying in a Nasdaq Bear Market	AAPL	https://www.nasdaq.com/articles/2-growth-stocks-ken-griffin-the-most-profitable-hedge-fund-manager-ever-is-buying-in-a	nan	nan	Last year, many investors saw their portfolios decline in value as the Nasdaq Composite tumbled into a bear market, but Ken Griffin navigated the volatility without trouble. His hedge fund, Citadel, reported a record-breaking $16 billion profit. That tops John Paulson's $15 billion profit in 2007, when he correctly bet against subprime mortgages in what has been called "the greatest trade ever." Citadel is now the most successful hedge fund in history, and Griffin is the most profitable hedge fund manager of all time as measured by net gains, according to LCH Investments. Here are two stocks Citadel has been buying aggressively throughout the Nasdaq bear market. 1. Apple Citadel more than tripled its stake in Apple (NASDAQ: AAPL) last year, and apart from options contracts used to hedge its portfolio, Apple stock is Citadel's third-largest holding. The bull case is straightforward: Apple has a strong position in several electronics end markets, including smartphones, smartwatches, and tablets. Its trendy devices inspire immense consumer loyalty, and its brand strength affords the company significant pricing power. That should keep Apple in vogue for years to come, while laying the foundation for a flourishing services business. The tech titan recently surpassed 2 billion devices worldwide, up from 1 billion in 2016, and its services business seeks to monetize that massive installed base with mobile apps, cloud storage, and payments solutions, as well as subscription content like Apple TV+. Those products generate more consistent revenue at higher margins than hardware sales, and Apple has already positioned itself as a key player in a few of those markets. Its App Store generated twice as much revenue as Alphabet's Google Play Store last year, and Apple Wallet is the leading mobile wallet at physical points of sale among U.S. consumers. Apple reported lackluster financial results for the first quarter of fiscal 2023 (ended Dec. 31, 2022). Revenue dropped 5% to $117 billion, due primarily to a decline in iPhone sales, and earnings fell 10% to $1.88 per diluted share. CEO Tim Cook attributed those disappointing metrics to the strong dollar, production issues in China, and the challenging economic environment. On the bright side, services revenue climbed 6%, and management believes the production problems in China have been resolved. Looking ahead, Apple hardware should remain trendy with consumers, and the company is particularly well positioned to benefit as smartphone payments become more popular at brick-and-mortar stores in the U.S. But mobile app sales are expected to increase at 14% annually through 2026, and Apple should benefit from that as well. Additionally, the company has shown a remarkable capacity for innovation throughout its history -- consider the iPod, the iPhone, and AirPods -- and pipeline products like augmented reality glasses (rumored to launch in 2026 or 2027) could create new revenue streams of significant importance in the future. However, shares currently trade at a pricey 28.1 times earnings, a premium compared to their five-year average of 24.4. Apple certainly has solid growth prospects, but they may not justify its current valuation multiple. Investors should consider waiting for a more reasonable entry point rather than buying this FAANG stock right now. 2. Tesla Griffin increased his stake in Tesla (NASDAQ: TSLA) by a factor of 26 in 2022, and excluding numerous options held by Citadel, it ranks as its second-largest holding. The bull case is simple: Tesla is the global leader in battery electric vehicle sales, with an 18.2% market share last year, and its manufacturing expertise and full self-driving (FSD) technology promise to be powerful growth engines in the future. Tesla has cultivated immense brand authority while spending next to nothing on traditional advertising, and its direct sales strategy allows for better cost control than partnering with dealerships. Additionally, CEO Elon Musk believes the company has the most advanced manufacturing technology in the world. Collectively, those advantages helped it achieve an industry-leading operating margin of 16.8% in 2022. Not surprisingly, the EV maker reported stellar financial results last year, despite battling forced factory closures, supply chain disruptions, and economic headwinds. Revenue rose 51% to $81.5 billion and earnings climbed 122% to $3.62 per diluted share. But Tesla has only scratched the surface of its disruptive potential. Ultimately, management believes its FSD platform will be the most important source of profitability, and Tesla is well-positioned to be a leader in autonomous vehicles. Musk says its cars pack the most efficient inference computer on the market, and the company has far more autonomous driving data than its peers, meaning the artificial intelligence models that power its FSD platform are likely learning more quickly than competing products. Tesla plans to mass produce a robotaxi in 2024, a significant move in that it takes the company one step closer to its ultimate goal of operating an autonomous ride-hailing service in the future. That could be a game-changer. Precedence Research says the market for autonomous vehicles could grow 39% annually to reach $1.8 trillion by 2030, but Ark Invest estimates autonomous ride-hailing platforms could produce $9 trillion in revenue by 2030. Currently, shares trade at 51.1 times earnings, a big discount to the historical average but a steep valuation all the same. However, that multiple could come down quickly as Tesla grows its factory footprint and begins monetizing its FSD technology more effectively. To be clear, shares could fall sharply in response to the slightest speed bump, but risk-tolerant investors should still consider buying a small position in this growth stock given its potential to disrupt the mobility and transportation industries. 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 April 10, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Tesla. The Motley Fool has positions in and recommends Alphabet, Apple, and Tesla. 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 Citadel more than tripled its stake in Apple (NASDAQ: AAPL) last year, and apart from options contracts used to hedge its portfolio, Apple stock is Citadel's third-largest holding. Additionally, the company has shown a remarkable capacity for innovation throughout its history -- consider the iPod, the iPhone, and AirPods -- and pipeline products like augmented reality glasses (rumored to launch in 2026 or 2027) could create new revenue streams of significant importance in the future. The bull case is simple: Tesla is the global leader in battery electric vehicle sales, with an 18.2% market share last year, and its manufacturing expertise and full self-driving (FSD) technology promise to be powerful growth engines in the future.	Apple Citadel more than tripled its stake in Apple (NASDAQ: AAPL) last year, and apart from options contracts used to hedge its portfolio, Apple stock is Citadel's third-largest holding. Its App Store generated twice as much revenue as Alphabet's Google Play Store last year, and Apple Wallet is the leading mobile wallet at physical points of sale among U.S. consumers. Precedence Research says the market for autonomous vehicles could grow 39% annually to reach $1.8 trillion by 2030, but Ark Invest estimates autonomous ride-hailing platforms could produce $9 trillion in revenue by 2030.	Apple Citadel more than tripled its stake in Apple (NASDAQ: AAPL) last year, and apart from options contracts used to hedge its portfolio, Apple stock is Citadel's third-largest holding. Its App Store generated twice as much revenue as Alphabet's Google Play Store last year, and Apple Wallet is the leading mobile wallet at physical points of sale among U.S. consumers. The bull case is simple: Tesla is the global leader in battery electric vehicle sales, with an 18.2% market share last year, and its manufacturing expertise and full self-driving (FSD) technology promise to be powerful growth engines in the future.	Apple Citadel more than tripled its stake in Apple (NASDAQ: AAPL) last year, and apart from options contracts used to hedge its portfolio, Apple stock is Citadel's third-largest holding. His hedge fund, Citadel, reported a record-breaking $16 billion profit. Here are two stocks Citadel has been buying aggressively throughout the Nasdaq bear market.
16277.0	2023-04-18 00:00:00 UTC	Apple CEO Tim Cook Opens First Store In India	AAPL	https://www.nasdaq.com/articles/apple-ceo-tim-cook-opens-first-store-in-india	nan	nan	(RTTNews) - Apple Inc. Chief Executive Officer Tim Cook has inaugurated the tech major's first retail store in India, which is being considered as its new manufacturing base as well as new growth market. The first store, called Apple BKC, is located in the country's financial capital Mumbai. On Thursday, the company will open its second store in India, Apple Saket, in the capital of Delhi. The launch comes as Apple is aiming to boost sales, manufacturing and exports of Apple products including iPhones in India. Apple BKC is located inside the Jio World Drive mall at Bandra Kurla Complex or BKC in Mumbai. According to the company, Apple BKC is one of the most energy-efficient Apple Store locations in the world, operationally carbon neutral, running on 100 percent renewable energy. Prior to the inauguration, Cook tweeted a photo of himself and Apple BKC staff. Apple BKC will offer a special Today at Apple series, "Mumbai Rising," running from the store's opening day through the summer. These free sessions featuring Apple products and services are expected to bring visitors, local artists, and creatives together. The iPhone maker, which views India as a key market, has been present in the country for more than 25 years. Cook in an earlier statement said, "India has such a beautiful culture and an incredible energy, and we're excited to build on our long-standing history." Apple, which assembles most of its iPhones in China, last year announced plans to shift some production of its flagship smartphone iPhone 14 from China to India amid continuing tensions between the US and China, along with the then prevailed COVID-19 issues. Foxconn, Apple's key iPhone assembler, already manufactures iPhones at its Sriperumbudur factory on the outskirts of Chennai, India. In March, Bloomberg reported that Foxconn plans to invest $700 million to set up a new iPhone plant in India's Karnataka state, which would create 100,000 jobs. Foxconn will build a new 300-acre facility in Bengaluru as part of its ongoing effort to pivot away from China. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	(RTTNews) - Apple Inc. Chief Executive Officer Tim Cook has inaugurated the tech major's first retail store in India, which is being considered as its new manufacturing base as well as new growth market. These free sessions featuring Apple products and services are expected to bring visitors, local artists, and creatives together. In March, Bloomberg reported that Foxconn plans to invest $700 million to set up a new iPhone plant in India's Karnataka state, which would create 100,000 jobs.	The first store, called Apple BKC, is located in the country's financial capital Mumbai. According to the company, Apple BKC is one of the most energy-efficient Apple Store locations in the world, operationally carbon neutral, running on 100 percent renewable energy. Foxconn, Apple's key iPhone assembler, already manufactures iPhones at its Sriperumbudur factory on the outskirts of Chennai, India.	The launch comes as Apple is aiming to boost sales, manufacturing and exports of Apple products including iPhones in India. According to the company, Apple BKC is one of the most energy-efficient Apple Store locations in the world, operationally carbon neutral, running on 100 percent renewable energy. Apple, which assembles most of its iPhones in China, last year announced plans to shift some production of its flagship smartphone iPhone 14 from China to India amid continuing tensions between the US and China, along with the then prevailed COVID-19 issues.	The first store, called Apple BKC, is located in the country's financial capital Mumbai. The iPhone maker, which views India as a key market, has been present in the country for more than 25 years. Foxconn, Apple's key iPhone assembler, already manufactures iPhones at its Sriperumbudur factory on the outskirts of Chennai, India.
16278.0	2023-04-18 00:00:00 UTC	3 Things About Shopify That Smart Investors Know	AAPL	https://www.nasdaq.com/articles/3-things-about-shopify-that-smart-investors-know-3	nan	nan	Shopify (NYSE: SHOP) has taken investors on a wild ride since its initial public offering (IPO). The e-commerce services provider went public at a split-adjusted price of $1.70 per share on May 21, 2015; skyrocketed to an all-time high of $169.06 on Nov. 19, 2021, at the peak of the buying frenzy in growth stocks, but now trades at about $46. A $1,000 investment in its IPO would have grown to nearly $100,000 before shrinking back to about $27,000 today. Nevertheless, a 27-bagger gain in just under eight years still easily beats the S&P 500's gain of 94% during the same period. Image source: Getty Images. Shopify's stock initially caught fire because investors were impressed by its ability to disrupt Amazon (NASDAQ: AMZN) and other online retailers with its self-service e-commerce tools. They enable smaller merchants to set up their own online stores, process payments, fulfill orders, and launch marketing campaigns. Its accelerating growth throughout the pandemic attracted even more attention from the bulls. Unfortunately, that bullish stampede drove Shopify's valuations to unsustainable levels and set it up for tough year-over-year comparisons after the pandemic eased. Inflation, which broadly curbed consumer spending on discretionary goods, exacerbated that slowdown. Most investors are likely familiar with that story, but today I'll focus on three lesser-known aspects of Shopify's business that might just change your opinion about its future. 1. It's highly dependent on Facebook and Instagram Many of Shopify's merchants advertise their products on social media platforms to drive more shoppers to their online stores. That raises a red flag, since Apple's (NASDAQ: AAPL) privacy changes in iOS -- which started in 2021 -- allowed its users to opt out of data-tracking features in individual apps. That shift made it difficult for Meta Platforms' (NASDAQ: META) Facebook and Instagram to craft effective targeted ads. Back in 2020, Shopify launched a dedicated Facebook Shops Channel, which enabled its merchants to customize their storefronts within Facebook and Instagram while managing their products, inventories, and fulfillment through Shopify. In 2021, it tethered its Shop Pay digital payments platform to Facebook and Instagram. Shopify doesn't regularly disclose its exposure to Facebook and Instagram. But according to NerdWallet's Fundera, 30% of all social media visits to Shopify's stores still originate from Facebook, while approximately 29,000 Shopify stores sell their products on Instagram. In short, any major setbacks for Meta's advertising platforms could throttle Shopify's growth. 2. It operates its own shopping app One way that Shopify could pivot away from Meta is to expand its Shop app, which was launched in 2020 as a rebranded version of its delivery-tracking Arrive app. Shop is a consumer-facing marketplace that makes it easier for consumers to find local Shopify businesses on a unified listings platform. Its home page also displays a feed of recommended products based on past purchases, and shoppers can directly make purchases within the app through Shop Pay. At the time of its launch, Shopify said the Shop App served about 16 million monthly active users (MAUs), which grew to 19 million MAUs in 2021. It hasn't updated its MAU count since then, but the long-term growth of Shop could enable it to challenge Amazon and other shopping apps while reducing its dependence on sprawling social media platforms. 3. Amazon is still a looming threat Shopify might be an appealing option for merchants who don't want to join Amazon's massive third-party marketplace, but Amazon still represents a looming threat. Amazon shut down its Webstore platform, which directly competed against Shopify, in 2015. But in 2021, it quietly acquired Shopify's Australian competitor Selz. In 2022, it launched Buy With Prime, which allows independent third-party merchants to directly tether themselves to its Prime ecosystem with one-click checkout buttons. That move was so alarming that Shopify explicitly warned its sellers that adding Amazon's buttons to their stores would constitute a violation of its terms of service, which required its merchants to exclusively process their payments through Shop Pay. That reaction suggests that Buy With Prime could represent a major long-term threat to Shopify since Amazon's Prime ecosystem has already locked in more than 200 million paid subscribers across the world. What do these facts mean for Shopify's future? Analysts expect Shopify's revenue to rise 19% this year, but that would represent a slowdown from its 21% growth in 2022 and 57% growth in 2020. Its adjusted earnings are also expected to decline 25% as it ramps up its investments. That outlook isn't too bright for a stock that still trades at 8 times this year's sales. By comparison, the Latin American e-commerce giant MercadoLibre (NASDAQ: MELI) -- which is expected to grow its revenue and adjusted earnings by 24% and 81%, respectively, this year -- trades at just five times this year's sales. Furthermore, Meta's issues with Apple and Amazon's strategies could generate unpredictable headwinds for Shopify this year. Its Shop app could address both problems, but it's still too early to tell if it can gain enough traction to make a difference. So for now, Shopify is still a risky investment, and its valuation is still a bit frothy relative to its near-term growth. Find out why Shopify 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. Shopify 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 April 10, 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. Leo Sun has positions in Amazon.com, Apple, MercadoLibre, and Meta Platforms. The Motley Fool has positions in and recommends Amazon.com, Apple, MercadoLibre, Meta Platforms, and Shopify. 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 raises a red flag, since Apple's (NASDAQ: AAPL) privacy changes in iOS -- which started in 2021 -- allowed its users to opt out of data-tracking features in individual apps. Shopify's stock initially caught fire because investors were impressed by its ability to disrupt Amazon (NASDAQ: AMZN) and other online retailers with its self-service e-commerce tools. That move was so alarming that Shopify explicitly warned its sellers that adding Amazon's buttons to their stores would constitute a violation of its terms of service, which required its merchants to exclusively process their payments through Shop Pay.	That raises a red flag, since Apple's (NASDAQ: AAPL) privacy changes in iOS -- which started in 2021 -- allowed its users to opt out of data-tracking features in individual apps. It's highly dependent on Facebook and Instagram Many of Shopify's merchants advertise their products on social media platforms to drive more shoppers to their online stores. That reaction suggests that Buy With Prime could represent a major long-term threat to Shopify since Amazon's Prime ecosystem has already locked in more than 200 million paid subscribers across the world.	That raises a red flag, since Apple's (NASDAQ: AAPL) privacy changes in iOS -- which started in 2021 -- allowed its users to opt out of data-tracking features in individual apps. Back in 2020, Shopify launched a dedicated Facebook Shops Channel, which enabled its merchants to customize their storefronts within Facebook and Instagram while managing their products, inventories, and fulfillment through Shopify. But according to NerdWallet's Fundera, 30% of all social media visits to Shopify's stores still originate from Facebook, while approximately 29,000 Shopify stores sell their products on Instagram.	That raises a red flag, since Apple's (NASDAQ: AAPL) privacy changes in iOS -- which started in 2021 -- allowed its users to opt out of data-tracking features in individual apps. In 2021, it tethered its Shop Pay digital payments platform to Facebook and Instagram. Analysts expect Shopify's revenue to rise 19% this year, but that would represent a slowdown from its 21% growth in 2022 and 57% growth in 2020.
16279.0	2023-04-18 00:00:00 UTC	Apple's Next Growth Chapter Is Here	AAPL	https://www.nasdaq.com/articles/apples-next-growth-chapter-is-here	nan	nan	In this video, I will talk about what I believe to be Apple's (NASDAQ: AAPL) next growth chapter, adding another trillion dollars to its valuation. Don't expect this to happen overnight, but Apple has always been playing the long game, and this time is no different. Stock prices used were from the trading day of April 17, 2023. The video was published on April 18, 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 April 10, 2023 Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his 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.	In this video, I will talk about what I believe to be Apple's (NASDAQ: AAPL) next growth chapter, adding another trillion dollars to its valuation. Don't expect this to happen overnight, but Apple has always been playing the long game, and this time is no different. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.	In this video, I will talk about what I believe to be Apple's (NASDAQ: AAPL) next growth chapter, adding another trillion dollars to its valuation. 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 April 10, 2023 Neil Rozenbaum has no position in any of the stocks mentioned.	In this video, I will talk about what I believe to be Apple's (NASDAQ: AAPL) next growth chapter, adding another trillion dollars to its valuation. 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.	In this video, I will talk about what I believe to be Apple's (NASDAQ: AAPL) next growth chapter, adding another trillion dollars to its valuation. The video was published on April 18, 2023. See the 10 stocks *Stock Advisor returns as of April 10, 2023 Neil Rozenbaum has no position in any of the stocks mentioned.
16280.0	2023-04-18 00:00:00 UTC	Technology Sector Update for 04/18/2023: AAPL, GOOG, GOOGL, ERIC, INTC, BABA	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-18-2023%3A-aapl-goog-googl-eric-intc-baba	nan	nan	Tech stocks edged higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the Philadelphia Semiconductor index up 0.1% In company news, Apple (AAPL) is working on a bevy of apps to woo users into buying its $3,000 mixed-reality headset when it launches at its Worldwide Developers Conference on June 5, Bloomberg reported Tuesday, citing sources with knowledge of the details. The tech giant's shares were rising 0.8%. Alphabet (GOOG, GOOGL) unit Google has won its appeal to reverse a jury's $20 million infringement verdict in the US District Court for the Eastern District of Texas against the company in relation to three anti-malware patents, according to a court filing Tuesday. Alphabet shares were down 1.3%. Intel (INTC) plans to end bitcoin mining chip series Blockscale a year after production started, CoinDesk reported, citing a company spokesperson. Intel shares were down 1%. Ericsson (ERIC) shares slumped almost 9%. The company reported Q1 earnings of 0.45 Swedish krona ($0.04) per diluted share, down from 0.88 krona per share a year ago. Alibaba (BABA) affiliate Ant Group may face a reduced fine from Chinese regulators at $728 million, down from over $1 billion, Reuters reported, citing sources familiar with the matter. Alibaba shares were down almost 1%. 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 edged higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the Philadelphia Semiconductor index up 0.1% In company news, Apple (AAPL) is working on a bevy of apps to woo users into buying its $3,000 mixed-reality headset when it launches at its Worldwide Developers Conference on June 5, Bloomberg reported Tuesday, citing sources with knowledge of the details. Intel (INTC) plans to end bitcoin mining chip series Blockscale a year after production started, CoinDesk reported, citing a company spokesperson. Alibaba (BABA) affiliate Ant Group may face a reduced fine from Chinese regulators at $728 million, down from over $1 billion, Reuters reported, citing sources familiar with the matter.	Tech stocks edged higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the Philadelphia Semiconductor index up 0.1% In company news, Apple (AAPL) is working on a bevy of apps to woo users into buying its $3,000 mixed-reality headset when it launches at its Worldwide Developers Conference on June 5, Bloomberg reported Tuesday, citing sources with knowledge of the details. The company reported Q1 earnings of 0.45 Swedish krona ($0.04) per diluted share, down from 0.88 krona per share a year ago. Alibaba (BABA) affiliate Ant Group may face a reduced fine from Chinese regulators at $728 million, down from over $1 billion, Reuters reported, citing sources familiar with the matter.	Tech stocks edged higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the Philadelphia Semiconductor index up 0.1% In company news, Apple (AAPL) is working on a bevy of apps to woo users into buying its $3,000 mixed-reality headset when it launches at its Worldwide Developers Conference on June 5, Bloomberg reported Tuesday, citing sources with knowledge of the details. Alphabet (GOOG, GOOGL) unit Google has won its appeal to reverse a jury's $20 million infringement verdict in the US District Court for the Eastern District of Texas against the company in relation to three anti-malware patents, according to a court filing Tuesday. The company reported Q1 earnings of 0.45 Swedish krona ($0.04) per diluted share, down from 0.88 krona per share a year ago.	Tech stocks edged higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the Philadelphia Semiconductor index up 0.1% In company news, Apple (AAPL) is working on a bevy of apps to woo users into buying its $3,000 mixed-reality headset when it launches at its Worldwide Developers Conference on June 5, Bloomberg reported Tuesday, citing sources with knowledge of the details. Alphabet shares were down 1.3%. Intel shares were down 1%.
16281.0	2023-04-18 00:00:00 UTC	YieldMax APLY ETF Seeks Income Through Call Options on Apple Stock	AAPL	https://www.nasdaq.com/articles/yieldmax-aply-etf-seeks-income-through-call-options-on-apple-stock	nan	nan	Elevate Shares, parent to the YieldMax and RoundHill ETFs, has launched a new exchange traded fund under the YieldMax banner that seeks to generate monthly income by selling/writing call options on Apple (AAPL) stock. The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed ETF that seeks current income while maintaining the opportunity for exposure to the price returns of the common stock of AAPL, subject to a limit on potential investment gains. It should be noted that APLY does not invest directly in AAPL. To achieve its investment objectives, APLY uses a synthetic covered call strategy. The fund’s options contracts provide exposure to the share price returns of AAPL, current income from the option premiums, and a limit on the fund’s participation in gains, if any, of the share price returns of AAPL. See more: “New YieldMax ETFs Seek Covered Call Strategies on Tesla and ARKK” "Advisor awareness and usage of options-based income seeking strategies is stronger than I had expected till I saw recent VettaFi data,” said VettaFi’s director of research Todd Rosenbluth. “ETFs can take more complicated investment approaches and make them easier to implement.” Toroso Investments is the fund’s investment adviser, and ZEGA Financial is its sub-adviser. APLY’s managers will employ its investment strategy regardless of market conditions and won’t take temporary defensive positions during periods of adverse markets or economic downturns. APLY has an expense ratio of 0.99%. For more news, information, and analysis, visit VettaFi \| ETF Trends. 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.	The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed ETF that seeks current income while maintaining the opportunity for exposure to the price returns of the common stock of AAPL, subject to a limit on potential investment gains. The fund’s options contracts provide exposure to the share price returns of AAPL, current income from the option premiums, and a limit on the fund’s participation in gains, if any, of the share price returns of AAPL. Elevate Shares, parent to the YieldMax and RoundHill ETFs, has launched a new exchange traded fund under the YieldMax banner that seeks to generate monthly income by selling/writing call options on Apple (AAPL) stock.	The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed ETF that seeks current income while maintaining the opportunity for exposure to the price returns of the common stock of AAPL, subject to a limit on potential investment gains. The fund’s options contracts provide exposure to the share price returns of AAPL, current income from the option premiums, and a limit on the fund’s participation in gains, if any, of the share price returns of AAPL. Elevate Shares, parent to the YieldMax and RoundHill ETFs, has launched a new exchange traded fund under the YieldMax banner that seeks to generate monthly income by selling/writing call options on Apple (AAPL) stock.	The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed ETF that seeks current income while maintaining the opportunity for exposure to the price returns of the common stock of AAPL, subject to a limit on potential investment gains. The fund’s options contracts provide exposure to the share price returns of AAPL, current income from the option premiums, and a limit on the fund’s participation in gains, if any, of the share price returns of AAPL. Elevate Shares, parent to the YieldMax and RoundHill ETFs, has launched a new exchange traded fund under the YieldMax banner that seeks to generate monthly income by selling/writing call options on Apple (AAPL) stock.	The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed ETF that seeks current income while maintaining the opportunity for exposure to the price returns of the common stock of AAPL, subject to a limit on potential investment gains. Elevate Shares, parent to the YieldMax and RoundHill ETFs, has launched a new exchange traded fund under the YieldMax banner that seeks to generate monthly income by selling/writing call options on Apple (AAPL) stock. It should be noted that APLY does not invest directly in AAPL.
16282.0	2023-04-18 00:00:00 UTC	Analysts are Upbeat About Apple’s (NASDAQ:AAPL) Expansion into India	AAPL	https://www.nasdaq.com/articles/analysts-are-upbeat-about-apples-nasdaq%3Aaapl-expansion-into-india	nan	nan	Apple (NASDAQ:AAPL) CEO Tim Cook opened the company’s first retail store in Mumbai, India, on Tuesday and is scheduled to open the second one in the country’s capital Delhi on Thursday. India is expected to emerge as a key market for Apple, as the company looks to diversify its supply chain beyond China. Apple’s Growing Focus on India Apple faced significant production disruption in China due to the COVID-19 resurgence and worker unrest at key supplier Foxconn’s factory due to the country’s stringent COVID restrictions. These headwinds and the political tensions between U.S. and China emphasized the need for Apple to diversify its supply chain beyond China. During the fiscal first-quarter earnings call held in February, CEO Cook called India a “hugely exciting market” and “a major focus.” As per Bloomberg, Apple’s revenue from the Indian market jumped about 50% to nearly $6 billion in the year through March 2023. While that represents less than 2% of Apple’s overall revenue, the growth rate looks promising. The country’s massive population and expanding middle class make it an attractive market for the iPhone maker. Apple tripled its iPhone production in India to over $7 billion in the previous fiscal year, reflecting the company's strategy to bring down its dependence on China. However, India’s high import duties and abrupt changes in regulations are potential risks that must be considered. Is Apple Stock a Good Buy? Analysts seem to be bullish about Apple’s expansion into India. Wedbush analyst Daniel Ives, who has a Buy rating on AAPL stock, sees the company’s focus on India from a production and retail expansion point of view as a “strategic poker move” that could boost its top line from the Asian country to $20 billion by 2025. While Apple currently holds less than 10% share of the Indian smartphone market, Ives believes that the company’s “unmatched” brand and marketing would likely drive additional growth, especially as it is gearing up to launch the iPhone 15 later this year. On Tuesday, CFRA analyst Angelo Zino reaffirmed a Buy rating on Apple, saying, “We view India as a similar opportunity to China 15 years ago and see a greater retail footprint along with the natural wealth effect over time supporting higher revenue (volume/ASPs [average selling price]) in the region.” Overall, Wall Street has a Strong Buy consensus rating on Apple based on 22 Buys, five Holds, and one Sell. The average price target of $171.08 suggests 3.5% upside. Shares have rallied 28% so far in 2023. Conclusion While the Indian smartphone market is currently dominated by players like Samsung, Xiaomi, and Vivo, Apple sees tremendous growth opportunities over the long term, given a large potential customer base. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Wedbush analyst Daniel Ives, who has a Buy rating on AAPL stock, sees the company’s focus on India from a production and retail expansion point of view as a “strategic poker move” that could boost its top line from the Asian country to $20 billion by 2025. Apple (NASDAQ:AAPL) CEO Tim Cook opened the company’s first retail store in Mumbai, India, on Tuesday and is scheduled to open the second one in the country’s capital Delhi on Thursday. Apple tripled its iPhone production in India to over $7 billion in the previous fiscal year, reflecting the company's strategy to bring down its dependence on China.	Apple (NASDAQ:AAPL) CEO Tim Cook opened the company’s first retail store in Mumbai, India, on Tuesday and is scheduled to open the second one in the country’s capital Delhi on Thursday. Wedbush analyst Daniel Ives, who has a Buy rating on AAPL stock, sees the company’s focus on India from a production and retail expansion point of view as a “strategic poker move” that could boost its top line from the Asian country to $20 billion by 2025. On Tuesday, CFRA analyst Angelo Zino reaffirmed a Buy rating on Apple, saying, “We view India as a similar opportunity to China 15 years ago and see a greater retail footprint along with the natural wealth effect over time supporting higher revenue (volume/ASPs [average selling price]) in the region.” Overall, Wall Street has a Strong Buy consensus rating on Apple based on 22 Buys, five Holds, and one Sell.	Apple (NASDAQ:AAPL) CEO Tim Cook opened the company’s first retail store in Mumbai, India, on Tuesday and is scheduled to open the second one in the country’s capital Delhi on Thursday. Wedbush analyst Daniel Ives, who has a Buy rating on AAPL stock, sees the company’s focus on India from a production and retail expansion point of view as a “strategic poker move” that could boost its top line from the Asian country to $20 billion by 2025. Apple’s Growing Focus on India Apple faced significant production disruption in China due to the COVID-19 resurgence and worker unrest at key supplier Foxconn’s factory due to the country’s stringent COVID restrictions.	Wedbush analyst Daniel Ives, who has a Buy rating on AAPL stock, sees the company’s focus on India from a production and retail expansion point of view as a “strategic poker move” that could boost its top line from the Asian country to $20 billion by 2025. Apple (NASDAQ:AAPL) CEO Tim Cook opened the company’s first retail store in Mumbai, India, on Tuesday and is scheduled to open the second one in the country’s capital Delhi on Thursday. While Apple currently holds less than 10% share of the Indian smartphone market, Ives believes that the company’s “unmatched” brand and marketing would likely drive additional growth, especially as it is gearing up to launch the iPhone 15 later this year.
16283.0	2023-04-18 00:00:00 UTC	Nvidia surges to year high after bearish HSBC analyst capitulates	AAPL	https://www.nasdaq.com/articles/nvidia-surges-to-year-high-after-bearish-hsbc-analyst-capitulates	nan	nan	By Noel Randewich April 18 (Reuters) - Nvidia's NVDA.O stock jumped to its highest in a year on Tuesday, extending a recent rebound after HSBC flipped its recommendation on the graphics chipmaker to "buy" from "reduce," pointing to opportunities in artificial intelligence. HSBC Head of Technology Research Frank Lee had been the only one among 48 analysts covering Nvdia to have a negative rating on the chipmaker, according to Refinitiv data. Nvidia's 91% rally so far in 2023 makes it the S&P 500's .SPX top-performing stock during that time. The Silicon Valley company's stock has rebounded about 150% from its low in October. Investors have been betting that Nvidia will become a dominant chip supplier in an emerging wave of artificial intelligence computing, even as the global semiconductor industry weathers a downturn in sales due to worries about the economy. "We’re throwing in the towel on our previous Reduce and double upgrade Nvidia to Buy. We were too focused on the slowdown in datacentres, but what really surprised us was its pricing power on AI chips," Lee wrote in a client note. Nvidia rose to $281.10 on Tuesday, its highest level since March 2022. It was last at $279.23, a gain of 3.4% for the session. Lee lifted his price target to $355 from $175. That compares to a median price target of $298.50. Nearly $11 billion worth of Nvidia stock had been exchanged as of midday on Tuesday, making it Wall Street's most traded stock for the session, according to Refinitiv. Nvidia on Feb. 22 forecast first-quarter revenue above Wall Street estimates, with CEO Jensen Huang telling analysts that use of its chips to power artificial intelligence services like chatbots had "gone through the roof." With a market capitalization of $687 billion, Nvidia has become the fifth most valuable company on Wall Street, trailing only Apple AAPL.O, Microsoft MSFT.O, Alphabet GOOGL.O and Amazon AMZN.O, and beating Tesla TSLA.O by about $100 billion. Nvidia's shares remain down about 17% from their record high close in November 2021. Nvidia rebounds on AI optimismhttps://tmsnrt.rs/41m8xkk (Reporting by Noel Randewich; Editing by Mark Porter) ((noel.randewich@tr.com; Twitter: @randewich;)) 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 market capitalization of $687 billion, Nvidia has become the fifth most valuable company on Wall Street, trailing only Apple AAPL.O, Microsoft MSFT.O, Alphabet GOOGL.O and Amazon AMZN.O, and beating Tesla TSLA.O by about $100 billion. By Noel Randewich April 18 (Reuters) - Nvidia's NVDA.O stock jumped to its highest in a year on Tuesday, extending a recent rebound after HSBC flipped its recommendation on the graphics chipmaker to "buy" from "reduce," pointing to opportunities in artificial intelligence. Investors have been betting that Nvidia will become a dominant chip supplier in an emerging wave of artificial intelligence computing, even as the global semiconductor industry weathers a downturn in sales due to worries about the economy.	With a market capitalization of $687 billion, Nvidia has become the fifth most valuable company on Wall Street, trailing only Apple AAPL.O, Microsoft MSFT.O, Alphabet GOOGL.O and Amazon AMZN.O, and beating Tesla TSLA.O by about $100 billion. We were too focused on the slowdown in datacentres, but what really surprised us was its pricing power on AI chips," Lee wrote in a client note. Nearly $11 billion worth of Nvidia stock had been exchanged as of midday on Tuesday, making it Wall Street's most traded stock for the session, according to Refinitiv.	With a market capitalization of $687 billion, Nvidia has become the fifth most valuable company on Wall Street, trailing only Apple AAPL.O, Microsoft MSFT.O, Alphabet GOOGL.O and Amazon AMZN.O, and beating Tesla TSLA.O by about $100 billion. By Noel Randewich April 18 (Reuters) - Nvidia's NVDA.O stock jumped to its highest in a year on Tuesday, extending a recent rebound after HSBC flipped its recommendation on the graphics chipmaker to "buy" from "reduce," pointing to opportunities in artificial intelligence. Nearly $11 billion worth of Nvidia stock had been exchanged as of midday on Tuesday, making it Wall Street's most traded stock for the session, according to Refinitiv.	With a market capitalization of $687 billion, Nvidia has become the fifth most valuable company on Wall Street, trailing only Apple AAPL.O, Microsoft MSFT.O, Alphabet GOOGL.O and Amazon AMZN.O, and beating Tesla TSLA.O by about $100 billion. By Noel Randewich April 18 (Reuters) - Nvidia's NVDA.O stock jumped to its highest in a year on Tuesday, extending a recent rebound after HSBC flipped its recommendation on the graphics chipmaker to "buy" from "reduce," pointing to opportunities in artificial intelligence. Lee lifted his price target to $355 from $175.
16284.0	2023-04-18 00:00:00 UTC	How the Top Names and Concentration in the S&P 500 Evolved Over 20 Years	AAPL	https://www.nasdaq.com/articles/how-the-top-names-and-concentration-in-the-sp-500-evolved-over-20-years	nan	nan	What’s the overlap between the top 10 names in the S&P 500 now versus 20 years ago? Just one. Exxon Mobil is the only familiar name when comparing a list of the largest corporations in the U.S. in 2003 and 2023. Despite the continuous shift in the largest names in the S&P 500, most investors are still allocating to a cap-weighted S&P 500 fund, effectively betting on the continuance of existing trends in the market -- betting that the same large names will continue to generate strong returns. The largest names in the S&P 500 in 2003 included Wal-Mart Stores, General Motors, Exxon Mobil Corporation, Ford Motor, General Electric, Citigroup, ChevronTexaco, Intl. Business Machines, American Intl. Group, and Verizon Communications. Twenty years later, the index’s top holdings include Apple, Microsoft Corporation, Amazon.com Inc., NVIDIA Corporation, Alphabet Inc. Class A, Berkshire Hathaway, Alphabet Inc. Class C, Tesla Inc., Meta Platforms Inc. Class A, and Exxon Mobil Corporation. The concentration of those top names has also evolved tremendously, with the S&P 500 growing ever more top-heavy, leaving investors facing historic levels of concentration risk. While the purpose of the S&P 500 is to provide exposure to 500 companies, the five largest companies have grown to account for nearly 20% of its weighting as of April 17, a significant rise from 14% in 2003. The Invesco S&P 500® Equal Weight ETF (RSP) is based on the S&P 500 Equal Weight Index, which is designed to be a size-neutral version of the S&P 500. It includes the same constituents as the cap-weighted S&P 500, but each company in the S&P 500 Equal Weight Index is allocated the same weight -- 0.2% -- at each quarterly rebalance, mitigating concentration risk. See more: "How Does RSPE Compare to RSP?” Equal weight’s anti-momentum and value factor tilts have helped it outperform the S&P 500 over various periods. During challenged markets in 2022, RSP outpaced the S&P 500 by 7%. Since RSP’s inception in April 2003, RSP is outpacing the S&P 500 by over 10,000 basis points. Concentration in the S&P 500 reached a new milestone last month as the combined weight of the largest two constituents in the S&P 500 reached an all-time high. In late March, Apple and Microsoft reached a combined weight of 13.3% in the S&P 500, the highest level on record. Such a high concentration in the S&P 500’s top holdings can leave investors vulnerable in the event that the companies’ current high valuations fall back to earth. During the market downturn in 2022, the largest S&P 500 companies shed a greater share of value than other constituents in the index. The 10 largest names in the index were worth a combined $7.986 trillion at the end of 2022, down 37% from 2021. The combined market value of all companies in the index fell about 20% during the year, according to S&P Dow Jones Indices. The largest constituent in the benchmark index, Apple, declined 26.4% on a total return basis in 2022, making it the largest contributing constituent for the S&P 500's disappointing showing in 2022. Amazon and Tesla followed, falling 49.6% and 65.0% in 2022, respectively. Shares of Microsoft dropped 28.0%, and Meta plummeted 64.2% last year. For more news, information, and analysis, visit the Portfolio Strategies 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: "How Does RSPE Compare to RSP?” Equal weight’s anti-momentum and value factor tilts have helped it outperform the S&P 500 over various periods. In late March, Apple and Microsoft reached a combined weight of 13.3% in the S&P 500, the highest level on record. During the market downturn in 2022, the largest S&P 500 companies shed a greater share of value than other constituents in the index.	The largest names in the S&P 500 in 2003 included Wal-Mart Stores, General Motors, Exxon Mobil Corporation, Ford Motor, General Electric, Citigroup, ChevronTexaco, Intl. Twenty years later, the index’s top holdings include Apple, Microsoft Corporation, Amazon.com Inc., NVIDIA Corporation, Alphabet Inc. Class A, Berkshire Hathaway, Alphabet Inc. Class C, Tesla Inc., Meta Platforms Inc. Class A, and Exxon Mobil Corporation. In late March, Apple and Microsoft reached a combined weight of 13.3% in the S&P 500, the highest level on record.	Despite the continuous shift in the largest names in the S&P 500, most investors are still allocating to a cap-weighted S&P 500 fund, effectively betting on the continuance of existing trends in the market -- betting that the same large names will continue to generate strong returns. Twenty years later, the index’s top holdings include Apple, Microsoft Corporation, Amazon.com Inc., NVIDIA Corporation, Alphabet Inc. Class A, Berkshire Hathaway, Alphabet Inc. Class C, Tesla Inc., Meta Platforms Inc. Class A, and Exxon Mobil Corporation. It includes the same constituents as the cap-weighted S&P 500, but each company in the S&P 500 Equal Weight Index is allocated the same weight -- 0.2% -- at each quarterly rebalance, mitigating concentration risk.	It includes the same constituents as the cap-weighted S&P 500, but each company in the S&P 500 Equal Weight Index is allocated the same weight -- 0.2% -- at each quarterly rebalance, mitigating concentration risk. Concentration in the S&P 500 reached a new milestone last month as the combined weight of the largest two constituents in the S&P 500 reached an all-time high. During the market downturn in 2022, the largest S&P 500 companies shed a greater share of value than other constituents in the index.
16285.0	2023-04-18 00:00:00 UTC	Dow Movers: GS, CRM	AAPL	https://www.nasdaq.com/articles/dow-movers%3A-gs-crm-1	nan	nan	In early trading on Tuesday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. Year to date, Salesforce registers a 50.7% gain. And the worst performing Dow component thus far on the day is Goldman Sachs Group, trading down 2.8%. Goldman Sachs Group is lower by about 3.8% looking at the year to date performance. Two other components making moves today are Johnson & Johnson, trading down 2.7%, and Apple, trading up 1.1% on the day. VIDEO: Dow Movers: GS, CRM The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	In early trading on Tuesday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. And the worst performing Dow component thus far on the day is Goldman Sachs Group, trading down 2.8%. Goldman Sachs Group is lower by about 3.8% looking at the year to date performance.	In early trading on Tuesday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. And the worst performing Dow component thus far on the day is Goldman Sachs Group, trading down 2.8%. Goldman Sachs Group is lower by about 3.8% looking at the year to date performance.	In early trading on Tuesday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. And the worst performing Dow component thus far on the day is Goldman Sachs Group, trading down 2.8%. Two other components making moves today are Johnson & Johnson, trading down 2.7%, and Apple, trading up 1.1% on the day.	And the worst performing Dow component thus far on the day is Goldman Sachs Group, trading down 2.8%. Goldman Sachs Group is lower by about 3.8% looking at the year to date performance. VIDEO: Dow Movers: GS, CRM The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
16286.0	2023-04-18 00:00:00 UTC	Guru Fundamental Report for AAPL - Warren Buffett	AAPL	https://www.nasdaq.com/articles/guru-fundamental-report-for-aapl-warren-buffett-21	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 Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio 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.
16287.0	2023-04-18 00:00:00 UTC	7 Top Growth Stocks to Buy for the Next Decade	AAPL	https://www.nasdaq.com/articles/7-top-growth-stocks-to-buy-for-the-next-decade	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips A the market returns it’s time to look for the best growth stocks to buy. successful investing strategy partially requires an ability to predict the future. After all, the best growth companies will emerge from trends taking root today. Investors who correctly identify the top growth stocks to buy for the next decade will be the same people who can accurately identify today’s trends. Taking advantage of that growth then is probably open to those who invest in a few key areas. Currently, AI has caught our collective attention. It’s clear that AI will be a big part of the story of the coming decade. Things like blockchain technology, cryptocurrency, a shifting workplace, and new paradigms in healthcare also will have a place in the investing world. The best growth stocks to buy are in every sector. Let’s look at leading publicly-traded firms set to benefit most from those trends and figure out the growth stocks to buy. SQ Block $64.19 BEAM Beam Therapeutics $31.85 MSFT Microsoft $288.80 AAPL Apple $165.23 JMIA Jumia $3.01 FVRR Fiverr $35.74 NVO Novo Nordisk $171.07 Block (SQ) Source: Sergei Elagin / Shutterstock Block (NYSE:SQ) sits at the forefront of a rapidly evolving financial environment that transacts value in new ways. Cash and credit are taking on reduced importance relative to apps and crypto. It’s a paradigm shift that relies on digitization that has heavily affected the way that people everywhere pay for everything. Block, formerly known as Square, is very much related to that both in the past and into tomorrow. The company made its name selling point of sale kiosks as Square and has transformed into a company positioning itself for the future. Square is still a major part of its business, accounting for $801 million of the firm’s $1.66 billion in Q4 revenues. But Cash App, its mobile transactions platform, now accounts for most of its sales with $848 million last quarter. Block launched Cash App back in 2015 proving that it can not only predict trends but also develop technology that addresses future needs. It could do it again or simply acquire firms with the technology it identifies as being the next big thing. Beam Therapeutics (BEAM) Source: Billion Photos / Shutterstock Beam Therapeutics (NASDAQ:BEAM) is firmly entrenched in a healthcare revolution that will dominate the near-term and beyond: CRISPR. CRISPR, or clustered regularly inter-spaced short palindromic repeats, are DNA sequences that can be edited using Cas9 enzymes to remove desired sections. The technology has been available for 10 years with commercial applications emerging. Beam Therapeutics is among leaders in the field which is seeing a pitched competition to commercialize therapeutics for sickle cell anemia and other blood disorders currently. Beam Therapeutics will become a very successful company if it is successful in bringing commercial CRISPR-based therapies to market before others. Whether it is first or not remains to be determined but its pipeline has as strong a shot as its competition currently. Beam Therapeutics is leveraging CRISPR technology to potentially cure cancer, glycogen disorders, and hepatitis as well. Any of these, if successful, will fundamentally change the course of the company for the better. Microsoft (MSFT) Source: rafapress / Shutterstock.com Microsoft (NASDAQ:MSFT) has been around since 1975 and has shown repeatedly that it responds to changing technology, markets, and opportunities. Its operating systems, software, and gaming systems are ubiquitous. It is a major force in cloud computing. And now it’s carving out a strong early position in the rapidly emerging arena of artificial intelligence. That’s because Microsoft has taken a big lead among big tech firms by investing $10 billion in OpenAI. OpenAI owns ChatGPT which has quickly become the story of 2023 with generative AI being a massive trend. Generative AI is a disruptive technology not without serious concerns. It clearly can make jobs in several sectors obsolete. Privacy concerns are a legitimate issue as well. Regardless, the potential to make life easier, increase efficiency and simply drive revenue mean that Microsoft has probably secured a big win with its investment. Microsoft will doubtlessly suffer ups and downs moving forward but it simply has too much strength in too many arenas to begin to bet against it long term. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) stock is certain to remain highly relevant for the immediate term, simply because of the ubiquity of its products. The iPhone, in particular, is a cultural phenomenon as products go. IPhones took up the first 8 spots as the highest selling phones globally which was the first time any manufacturer captured 8 of the top 10 spots. IPhones accounted for $65.78 billion of revenue for Apple in Q4 alone. As incredible as that figure is, it was actually lower than the same period a year earlier during which $71.63 billion of iPhones were sold globally. I’d venture to guess that no one will overtake Apple this decade in cell phone sales and perhaps for the 2030s. Ultimately though, Apple will have to find other growth platforms if, like some pundits postulate, the company is to reach $1 trillion in revenue by 2030. The Apple car has long been rumored as one such possibility. Maybe it happens but I think Apple is too digital to focus there. Jumia (JMIA) Source: farzand01 / Shutterstock.com Jumia (NYSE:JMIA) stock is one of the best bets for surefire growth that could create a powerful global force in eCommerce. That’s because Jumia is the current eCommerce champion of an African continent that is full of growth and potential. While most other regions stagnate, Africa’s population is expected to increase by 40% to 1.88 billion by 2035. That suggests that Africa will have ballooning economic output and consumption to accommodate its burgeoning population. That Jumia is Africa’s current eCommerce champion bodes very well for the chances of the stock. It receives approximately 23.3 million visits per month, more than twice the number of the second most visited African eCommerce firm. Jumia reported $221.9 million in 2022 revenues, up 24.7% from 2021. The firm posted a $207 million loss but expects that loss to shrink to between $100 to $120 million in 2023. Despite the losses, the overall narrative remains positive as many growth firms face similar financial paths while approaching profitability. Fiverr (FVRR) Source: Temitiman / Shutterstock.com Fiverr (NYSE:FVRR) benefits from continuing trends that suggest freelance work is only growing. That should make the stock stronger looking forward. In fact, 39% of Americans performed freelance work in the last 12 months. That represented 60 million Americans, an all-time high. There are a few clear trends that strongly suggest the trend will grow in the immediate term. For one, the economy looks to be on the precipice of recession. Job growth has started to decline and job losses will ensue if a recession does occur. Displaced workers will flock to Fiverr in an effort to make up for lost wages. Beyond simply paying bills, there’s also the idea that workers continue to reassess what they desire from their profession. If workers were already feeling disenfranchised by traditional employment, a recession will only turbocharge their discontent. It’s fair to assume AI will contribute to increased traffic on Fiverr as job titles are rendered obsolete and people pivot into new roles entirely as well. Fiverr’s revenues have grown rapidly, if sporadically since it became publicly traded several years ago but are trending up overall. Novo Nordisk (NVO) Source: joreks / Shutterstock.com Novo Nordisk (NYSE:NVO) is one of the world’s most prominent pharmaceutical firms and its stock is increasingly relevant. The company develops therapeutics across a wide range of disease areas but its opportunity clearly lies in diabetes and obesity. Novo Nordisk has FDA approval to market its diabetes drug semaglutide under the trade name Wegovy as a weight loss therapeutic. They gave approval back in 2021 but Novo Nordisk didn’t secure its supply chain manufacturing and was slow to supply demand. Wegovy will compete with Eli Lilly’s Mounjaro which is currently seeking FDA approval. Both drugs could rack up blockbuster sales tallies over the coming years. The performance of Novo Nordisk still depends on its diabetes care business, which contributed to most sales in 2022. As lifestyle diseases increase the company will continue to thrive simply because it is well positioned to sell to patients making it one of the best growth stocks to buy. On the date of publication, Alex Sirois 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. Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks.Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing. The post 7 Top Growth Stocks to Buy for the Next Decade 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.	SQ Block $64.19 BEAM Beam Therapeutics $31.85 MSFT Microsoft $288.80 AAPL Apple $165.23 JMIA Jumia $3.01 FVRR Fiverr $35.74 NVO Novo Nordisk $171.07 Block (SQ) Source: Sergei Elagin / Shutterstock Block (NYSE:SQ) sits at the forefront of a rapidly evolving financial environment that transacts value in new ways. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) stock is certain to remain highly relevant for the immediate term, simply because of the ubiquity of its products. Regardless, the potential to make life easier, increase efficiency and simply drive revenue mean that Microsoft has probably secured a big win with its investment.	SQ Block $64.19 BEAM Beam Therapeutics $31.85 MSFT Microsoft $288.80 AAPL Apple $165.23 JMIA Jumia $3.01 FVRR Fiverr $35.74 NVO Novo Nordisk $171.07 Block (SQ) Source: Sergei Elagin / Shutterstock Block (NYSE:SQ) sits at the forefront of a rapidly evolving financial environment that transacts value in new ways. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) stock is certain to remain highly relevant for the immediate term, simply because of the ubiquity of its products. Beam Therapeutics (BEAM) Source: Billion Photos / Shutterstock Beam Therapeutics (NASDAQ:BEAM) is firmly entrenched in a healthcare revolution that will dominate the near-term and beyond: CRISPR.	SQ Block $64.19 BEAM Beam Therapeutics $31.85 MSFT Microsoft $288.80 AAPL Apple $165.23 JMIA Jumia $3.01 FVRR Fiverr $35.74 NVO Novo Nordisk $171.07 Block (SQ) Source: Sergei Elagin / Shutterstock Block (NYSE:SQ) sits at the forefront of a rapidly evolving financial environment that transacts value in new ways. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) stock is certain to remain highly relevant for the immediate term, simply because of the ubiquity of its products. InvestorPlace - Stock Market News, Stock Advice & Trading Tips A the market returns it’s time to look for the best growth stocks to buy.	SQ Block $64.19 BEAM Beam Therapeutics $31.85 MSFT Microsoft $288.80 AAPL Apple $165.23 JMIA Jumia $3.01 FVRR Fiverr $35.74 NVO Novo Nordisk $171.07 Block (SQ) Source: Sergei Elagin / Shutterstock Block (NYSE:SQ) sits at the forefront of a rapidly evolving financial environment that transacts value in new ways. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) stock is certain to remain highly relevant for the immediate term, simply because of the ubiquity of its products. IPhones accounted for $65.78 billion of revenue for Apple in Q4 alone.
16288.0	2023-04-18 00:00:00 UTC	Apple's New Savings Account: What You Need to Know	AAPL	https://www.nasdaq.com/articles/apples-new-savings-account%3A-what-you-need-to-know	nan	nan	Many financial companies have been capitalizing on the high interest rate environment, promoting financial products like high-yield savings accounts and certificates of deposits with impressive interest rates. But here's a new one for you: iPhone maker Apple (NASDAQ: AAPL) is getting into the space, albeit in partnership with Goldman Sachs (NYSE: GS). Here's a closer look at Apple's new financial product -- and why investors should care. Building on an Apple credit card In the summer of 2019, Apple announced a credit card in partnership with Goldman Sachs, who was the issuing bank of the card. Called Apple Card, the financial product offered 2% cash back to customers every time someone used Apple Pay to pay with the card, 3% cash back on purchases made at Apple stores, and 1% cash back on everything else. Other perks included unique privacy and security features such as the card number or CVV code not appearing on the physical card, and a titanium card design. The card has been a success, earning high customer satisfaction rankings and contributing to rapid growth in Apple Pay usage. The company added to its financial services earlier this year, when it announced a buy now, pay later product, partnering with Goldman Sachs and Mastercard. Apple's new savings account builds on its growing suite of financial services. Available to its Apple Card users, Apple's new high-yield savings account currently boasts an annual percentage yield (APY) of 4.15%. Or course, the rate may change at any time, Apple notes. While the savings account is Apple-branded and available to Apple Card users, it's offered by Goldman Sachs. In other words, Apple continues to outsource the banking aspect of its branded financial products. This, of course, is no surprise. After all, Apple is not a financial company. The savings account, which Apple says currently boasts an APY that is "10 times the national average," is free of fees and has no minimum deposit or balance requirements. Further, cash rewards from the Apple Card can be set to automatically deposit into the high-yield savings account. Overall, the savings account seems like a product that will enhance the attractiveness of Apple's foray into financial products. Bolstering Apple's services segment This new high-yield savings account shows how Apple continues to find ways to monetize its loyal customer base. Apple management has said its installed base of active devices is its "engine" for growth in its services segment. And Apple's services segment is becoming increasingly important to the company's overall business. Apple's services segment, which largely represents revenue from third-party apps and Apple's own apps and services like Apple Music, Apple Pay, AppleCare, and more, saw revenue increase 14% year over year in fiscal 2022 to $78 billion. Apple's total fiscal 2022 revenue was about $394 billion. Management noted during its fiscal fourth-quarter earnings call that its services business has nearly doubled in size over the last four years. The launch of yet another new service for users highlights how the tech company continues to take advantage of its large base of users. Management noted in the company's first-quarterearnings callfor fiscal 2023 that its installed base of active devices has now crossed two billion -- double what it was only seven years ago. "This is an incredible testament to our products and services and the strength of our ecosystem," said Apple CEO Tim Cook during theearnings call While Apple Pay, a credit card, a pay-over-time product, and a high-yield savings accounts are the company's main financial products today, there are likely more to come. 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 April 10, 2023 Daniel Sparks has no position in any of the stocks mentioned. His clients may own shares of the companies mentioned. The Motley Fool has positions in and recommends Apple, Goldman Sachs Group, and Mastercard. 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.	But here's a new one for you: iPhone maker Apple (NASDAQ: AAPL) is getting into the space, albeit in partnership with Goldman Sachs (NYSE: GS). The company added to its financial services earlier this year, when it announced a buy now, pay later product, partnering with Goldman Sachs and Mastercard. The savings account, which Apple says currently boasts an APY that is "10 times the national average," is free of fees and has no minimum deposit or balance requirements.	But here's a new one for you: iPhone maker Apple (NASDAQ: AAPL) is getting into the space, albeit in partnership with Goldman Sachs (NYSE: GS). Called Apple Card, the financial product offered 2% cash back to customers every time someone used Apple Pay to pay with the card, 3% cash back on purchases made at Apple stores, and 1% cash back on everything else. Apple's services segment, which largely represents revenue from third-party apps and Apple's own apps and services like Apple Music, Apple Pay, AppleCare, and more, saw revenue increase 14% year over year in fiscal 2022 to $78 billion.	But here's a new one for you: iPhone maker Apple (NASDAQ: AAPL) is getting into the space, albeit in partnership with Goldman Sachs (NYSE: GS). Called Apple Card, the financial product offered 2% cash back to customers every time someone used Apple Pay to pay with the card, 3% cash back on purchases made at Apple stores, and 1% cash back on everything else. Apple's services segment, which largely represents revenue from third-party apps and Apple's own apps and services like Apple Music, Apple Pay, AppleCare, and more, saw revenue increase 14% year over year in fiscal 2022 to $78 billion.	But here's a new one for you: iPhone maker Apple (NASDAQ: AAPL) is getting into the space, albeit in partnership with Goldman Sachs (NYSE: GS). While the savings account is Apple-branded and available to Apple Card users, it's offered by Goldman Sachs. After all, Apple is not a financial company.
16289.0	2023-04-18 00:00:00 UTC	MORNING BID AMERICAS-Global pulse picks up, rates creep higher again	AAPL	https://www.nasdaq.com/articles/morning-bid-americas-global-pulse-picks-up-rates-creep-higher-again	nan	nan	A look at the day ahead in U.S. and global markets from Mike Dolan With investors largely assuming recession ahead, an accelerating global economic pulse challenges the narrative and is seeing interest rates tick back higher again as the March banking wobble subsides. China's economy grew at a faster-than-expected 4.5% pace in the first quarter, largely reflecting a lifting of strict COVID curbs this year and annual retail sales growth that trebled in March to a racy 10.6%. Industry growth in the year to March also almost doubled, although a marginal miss on forecasts. While last week's news of a March China export boom largely prepared markets for Tuesday's data beat, one upshot is that economists are now revising full-year growth forecasts higher. JPMorgan upgraded its 2023 call for China to 6.4% versus 6.0% on the news. That rebound in global demand was also reflected in the latest U.S. factory soundings. The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State increased for the first time in five months in April as measures of new orders and shipments surged. With March starts and permits numbers out later, there was also signs of a troughing in the U.S. housing market. Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates boosted demand. Aside from the surprising miss from State Street STT.N, which saw its shares lose more than 9% on Monday, the rest of the big banks reporting first-quarter earnings appear to have put the March stress behind them. Bank of America BAC.N, Goldman Sachs GS.N and Bank of New York Mellon BK.N are among the big names reporting on Tuesday, along with streaming giant Netflix NFLX.O. With attention on the extent of deposit flight from smaller U.S. banks, deposit rates are being forced higher and the improvement on returns for savers is likely to be both a drag on banks going forward but also a boon to household wealth. As depositors demanded greater security and better returns, Apple AAPL.O said it aims to attract U.S. savers with a new high-yield deposit account, partnering with Goldman Sachs GS.N to offer users of its Apple Card 4.15% on savings accounts - 10 times higher than the national average. The upshot for markets has been to underline recent stock market gains but switch the spotlight back on interest rates, which are creeping higher again as the worst fears for the March banking shock retreat into the rearview mirror. Wall St futures were higher again on Tuesday, with European bourses and most Asia indices advancing too. The VIX volatility gauge continued falling to its lowest since Jan 5, 2022. The take on the Fed is that futures now see a 90% chance of another quarter-point rate hike next month, with prior assumptions of a reversal of that move by September now being pushed out to November and year-end rates nudging up to 4.55%. Two-year Treasury yields hovered close to one-month highs of 4.21%. With euro zone and UK rate expectations pushing higher too, the dollar slipped back again against the euro EUR= and sterling GBP=. British wages rose faster than anticipated last month, in a move that economists judge may tip the Bank of England towards a further rise in interest rates next month, despite an unexpected increase in joblessness too. As a reflection of how markets' prevailing views are being questioned, Bank of America's latest survey of fund managers showed investors had lifted bond allocations in April to the highest since 2009 and kept cash levels at an elevated 5.5%. The resurfacing of U.S. debt ceiling tensions this week was another irritant for U.S. interest rates and bond markets on Tuesday, with the day's deadline for annual U.S. tax returns likely to allow a more accurate update on how long the Treasury coffers will last without a debt cap extension. Elsewhere, billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings from Microsoft MSFT.O and Google GOOGL.O. Key developments that may provide direction to U.S. markets later on Tuesday: * U.S. March housing starts/permits, New York Fed's April service sector survey; Canada March inflation * U.S. Federal Reserve Board Governor Michelle Bowman speaks, Bank of Canada Governor Tiff Macklem testifies to parliament; Bank of England Executive Director for International Banks Supervision Sarah Breeden speaks * U.S. corporate earnings: Bank of America, Goldman Sachs, Bank of New York Mellon, Western Alliance Bancorp, Netflix, Lockheed Martin, Prologis, Johnson & Johnson, Omnicom, Intuitive Surgical, United Airlines Implied Fed yearend rate climbs againhttps://tmsnrt.rs/3mHPKAV China GDP growth fastest in a year in Q1https://tmsnrt.rs/3UJzCve Empire Statehttps://tmsnrt.rs/43CtcSN US bank stocks react to incoming Q1 earningshttps://tmsnrt.rs/3A5bkm7 UK inflationary pressure on wageshttps://tmsnrt.rs/3L9azi2 (By Mike Dolan, mike.dolan@thomsonreuters.com. Twitter: @reutersMikeD. Editing by Nick Macfie) ((mike.dolan@thomsonreuters.com; +44 207 542 8488; Reuters Messaging: mike.dolan.reuters.com@thomsonreuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As depositors demanded greater security and better returns, Apple AAPL.O said it aims to attract U.S. savers with a new high-yield deposit account, partnering with Goldman Sachs GS.N to offer users of its Apple Card 4.15% on savings accounts - 10 times higher than the national average. China's economy grew at a faster-than-expected 4.5% pace in the first quarter, largely reflecting a lifting of strict COVID curbs this year and annual retail sales growth that trebled in March to a racy 10.6%. While last week's news of a March China export boom largely prepared markets for Tuesday's data beat, one upshot is that economists are now revising full-year growth forecasts higher.	As depositors demanded greater security and better returns, Apple AAPL.O said it aims to attract U.S. savers with a new high-yield deposit account, partnering with Goldman Sachs GS.N to offer users of its Apple Card 4.15% on savings accounts - 10 times higher than the national average. A look at the day ahead in U.S. and global markets from Mike Dolan With investors largely assuming recession ahead, an accelerating global economic pulse challenges the narrative and is seeing interest rates tick back higher again as the March banking wobble subsides. Bank of America BAC.N, Goldman Sachs GS.N and Bank of New York Mellon BK.N are among the big names reporting on Tuesday, along with streaming giant Netflix NFLX.O.	As depositors demanded greater security and better returns, Apple AAPL.O said it aims to attract U.S. savers with a new high-yield deposit account, partnering with Goldman Sachs GS.N to offer users of its Apple Card 4.15% on savings accounts - 10 times higher than the national average. A look at the day ahead in U.S. and global markets from Mike Dolan With investors largely assuming recession ahead, an accelerating global economic pulse challenges the narrative and is seeing interest rates tick back higher again as the March banking wobble subsides. The upshot for markets has been to underline recent stock market gains but switch the spotlight back on interest rates, which are creeping higher again as the worst fears for the March banking shock retreat into the rearview mirror.	As depositors demanded greater security and better returns, Apple AAPL.O said it aims to attract U.S. savers with a new high-yield deposit account, partnering with Goldman Sachs GS.N to offer users of its Apple Card 4.15% on savings accounts - 10 times higher than the national average. While last week's news of a March China export boom largely prepared markets for Tuesday's data beat, one upshot is that economists are now revising full-year growth forecasts higher. British wages rose faster than anticipated last month, in a move that economists judge may tip the Bank of England towards a further rise in interest rates next month, despite an unexpected increase in joblessness too.
16290.0	2023-04-18 00:00:00 UTC	Apple Opens Another Front in the War on Cash. Should Big Banks Be Worried?	AAPL	https://www.nasdaq.com/articles/apple-opens-another-front-in-the-war-on-cash.-should-big-banks-be-worried	nan	nan	Apple (NASDAQ: AAPL) has made no secret of its ambitions when it comes to personal financial services. The company began its disruption of the traditional banking paradigm with the debut of Apple Pay in late 2014 and never looked back. Since then, the company has been gradually growing beyond mobile payments, offering a credit card, interest-free installment payments on Apple products, and the company's buy now, pay later offering, Apple Pay Later, which debuted just last month. The latest volley came this week, when Apple announced the debut of a new high-yield savings account, further enhancing its ecosystem of financial services. As Apple opens another beachhead in the war on cash, should big banks begin to worry about the tech giant's additional incursions into personal financial services, or is this much ado about nothing? Let's take a look. Image source: Apple. An Apple a day On Monday, Apple announced in a press release that users could "grow their Daily Cash rewards" -- the cashback rewards they earn for Apple Card purchases -- with the addition of a high-yield savings account with a current annual percentage yield of 4.15%, offered in partnership with Goldman Sachs Group. Users will also be able to transfer additional deposits into this account from any linked bank account. Apple is quick to point out that the rate is 10 times the national average, and comes with no fees, no minimum deposits, and no minimum balance requirements. The company goes on to say that users can easily set up and manage their savings account from the Apple Card within the Apple Wallet app. The savings accounts will be linked to the company's daily cash feature, which provides customers up to 3% cash back on purchases of Apple products. Once a user has set up the savings account, any funds earned via daily cash will be deposited automatically into the associated account, though users will then be allowed to transfer funds to any linked bank account. A significant departure While the company has partnered with Goldman Sachs for several of its financial offerings, reports suggest Apple is slowly weaning itself away from its dependance on big banks and potentially reducing its reliance on their services. When the company introduced Apple Pay Later last month, the feature allowed Apple Pay users to split purchases into four payments with no interest or fees. While the product itself wasn't a game changer, reports revealed that Apple would offer the loans itself, rather than acting as a go-between. A company subsidiary -- Apple Financing LLC -- will bankroll the financing, having obtained the licenses necessary to act as the lender. This marks the first time the company has taken on the primary role in the transactions, including conducting credit checks, granting credit, and issuing the loans, according to a report by Bloomberg. Apple isn't completely alone in this venture, having partnered with Mastercard to act as the intermediary with vendors. Furthermore, since Apple doesn't hold a banking charter, Goldman Sachs still acts as the "technical" issuer of the loans. This is in stark contrast to Apple's previous forays into personal financial services, which always passed off the majority of banking-related tasks to Goldman Sachs. That said, Apple simply isn't interested in getting into the banking business, though it might appear so at first glance. Rather, Apple has a much more important strategy in mind. Should big banks be concerned? It's important to note that even if a great many of its customers open one of these savings accounts, any financial benefit to Apple likely won't be material. Furthermore, it's highly unlikely the tech giant has any plans to become a traditional bank. Rather, Apple is more interested in expanding its growing ecosystem, including offering additional fintech services, in furtherance of its most important business. If order for users to open an account, they must first be an Apple Card holder and an iPhone user. In its earnings release for the fiscal 2023 first quarter (which ended Dec. 31, 2022) the company revealed it had surpassed 2 billion active devices -- the vast majority of which are iPhones. In fact, iPhones generated nearly $66 billion in revenue during the quarter, or roughly 56% of Apple's total sales. It's in Apple's best interest to keep increasing the usefulness of its flagship product, by increasing the number of everyday tasks that can be accomplished on the iPhone. Furthermore, more iPhones means more services. This includes App Store Sales, iCloud users, Apple Music and Apple TV+ subscribers, among many others. Services generated nearly $21 billion in revenue in Q1, or roughly 18% of Apple's sales. Apple doesn't want to be a bank. It simply wants to sell more iPhones, which form the foundation of its massive enterprise. 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 April 10, 2023 Danny Vena has positions in Apple. The Motley Fool has positions in and recommends Apple, Goldman Sachs Group, and Mastercard. 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.	Apple (NASDAQ: AAPL) has made no secret of its ambitions when it comes to personal financial services. As Apple opens another beachhead in the war on cash, should big banks begin to worry about the tech giant's additional incursions into personal financial services, or is this much ado about nothing? A significant departure While the company has partnered with Goldman Sachs for several of its financial offerings, reports suggest Apple is slowly weaning itself away from its dependance on big banks and potentially reducing its reliance on their services.	Apple (NASDAQ: AAPL) has made no secret of its ambitions when it comes to personal financial services. Since then, the company has been gradually growing beyond mobile payments, offering a credit card, interest-free installment payments on Apple products, and the company's buy now, pay later offering, Apple Pay Later, which debuted just last month. An Apple a day On Monday, Apple announced in a press release that users could "grow their Daily Cash rewards" -- the cashback rewards they earn for Apple Card purchases -- with the addition of a high-yield savings account with a current annual percentage yield of 4.15%, offered in partnership with Goldman Sachs Group.	Apple (NASDAQ: AAPL) has made no secret of its ambitions when it comes to personal financial services. Since then, the company has been gradually growing beyond mobile payments, offering a credit card, interest-free installment payments on Apple products, and the company's buy now, pay later offering, Apple Pay Later, which debuted just last month. An Apple a day On Monday, Apple announced in a press release that users could "grow their Daily Cash rewards" -- the cashback rewards they earn for Apple Card purchases -- with the addition of a high-yield savings account with a current annual percentage yield of 4.15%, offered in partnership with Goldman Sachs Group.	Apple (NASDAQ: AAPL) has made no secret of its ambitions when it comes to personal financial services. As Apple opens another beachhead in the war on cash, should big banks begin to worry about the tech giant's additional incursions into personal financial services, or is this much ado about nothing? Apple doesn't want to be a bank.
16291.0	2023-04-18 00:00:00 UTC	Apple opens first India store as fans show off vintage devices, take selfies	AAPL	https://www.nasdaq.com/articles/apple-opens-first-india-store-as-fans-show-off-vintage-devices-take-selfies	nan	nan	By M. Sriram and Tanvi Mehta MUMBAI, April 18 (Reuters) - About 300 people lined up at Apple's AAPL.O store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook who inaugurated the first retail store run by the company in India, underscoring the importance of its market. People gathered from across the nation, hoping to be among the first to enter the store in an opening event featuring local music and folk dancers. Some fans queued outside from the previous night to get their hands on Apple products, even though they are available online in India. "The fanboy inside me would not listen," Purav Mehta, 30, told Reuters, as he waited to get Cook's signature on his boxed mint-condition iPod Touch, which he had bought on eBay, as well as waiting to buy the Apple Watch Ultra. Many wore T-shirts in the style favoured by co-founder Steve Jobs, had their hair cut in the shape of an Apple logo and one fan even brought a version of the first Apple computer launched in 1984. "The vibe here is just different," said 23-year old Aan Shah, who travelled from the western industrial city of Ahmedabad for the launch in India's commercial capital. "It's not like buying from some normal store. There's just no comparison. It's so exciting." His love for Apple took him to store openings as a young student in New York and Boston, where he once got a chance to meet Cook, he said. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020. The new store opens as Indian consumers increasingly look to upgrade their smartphones to glitzier models, with richer feature sets, from budget devices typically costing less than $120. Still, Apple's pricey phones are affordable for only a few in India, where it accounts for just a 3% share of the market. The new store, located in the Reliance-owned Jio World Drive mall, opened for bloggers and tech analysts at a private event on Monday, while many Indian film and television celebrities were seen meeting Cook that night. A second store in Delhi, the capital, is set to open on Thursday. Cook is set to meet Prime Minister Narendra Modi and the deputy IT minister later this week. As Apple pushes to make India a bigger manufacturing base, some of its products, including iPhones, are being assembled in the country by Taiwanese contract electronics manufacturers Foxconn 2317.TW and Wistron Corp 3231.TW. It also plans to assemble iPads and AirPods in India. (Reporting by M.Sriram and Tanvi Mehta; Additional reporting by Francis Mascarenhas; Editing by Clarence Fernandez) ((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.	By M. Sriram and Tanvi Mehta MUMBAI, April 18 (Reuters) - About 300 people lined up at Apple's AAPL.O store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook who inaugurated the first retail store run by the company in India, underscoring the importance of its market. People gathered from across the nation, hoping to be among the first to enter the store in an opening event featuring local music and folk dancers. The new store opens as Indian consumers increasingly look to upgrade their smartphones to glitzier models, with richer feature sets, from budget devices typically costing less than $120.	By M. Sriram and Tanvi Mehta MUMBAI, April 18 (Reuters) - About 300 people lined up at Apple's AAPL.O store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook who inaugurated the first retail store run by the company in India, underscoring the importance of its market. People gathered from across the nation, hoping to be among the first to enter the store in an opening event featuring local music and folk dancers. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020.	By M. Sriram and Tanvi Mehta MUMBAI, April 18 (Reuters) - About 300 people lined up at Apple's AAPL.O store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook who inaugurated the first retail store run by the company in India, underscoring the importance of its market. His love for Apple took him to store openings as a young student in New York and Boston, where he once got a chance to meet Cook, he said. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020.	By M. Sriram and Tanvi Mehta MUMBAI, April 18 (Reuters) - About 300 people lined up at Apple's AAPL.O store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook who inaugurated the first retail store run by the company in India, underscoring the importance of its market. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020. A second store in Delhi, the capital, is set to open on Thursday.
16292.0	2023-04-18 00:00:00 UTC	Apple craze draws long queues at opening of first India store	AAPL	https://www.nasdaq.com/articles/apple-craze-draws-long-queues-at-opening-of-first-india-store	nan	nan	MUMBAI, April 18 (Reuters) - About 200 Apple AAPL.O fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early on Tuesday outside the shop in the commercial capital of Mumbai. People came from different parts of India to catch a glimpse of Chief Executive Tim Cook, who is set to inaugurate the 28,000-sq-foot (2,600-sq-m) store later in the day, and open it to the public. "The vibe here is just different," said 23-year old Aan Shah, who travelled from the western industrial city of Ahmedabad to attend the launch. "It's not like buying from some normal store. There's just no comparison. It's so exciting." His love for Apple has earlier taken him to store openings in New York and Boston, where he once got a chance to meet Cook. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020. The new store, located in the premier Reliance-owned Jio World Drive mall, underscores Apple's growing ambitions for India, where, despite a market share of just 3%, it has been expanding iPhone assembly via contract manufacturers, and also boosting its exports. The store was opened for bloggers and tech analysts at a private event on Monday, while many Indian film and television celebrities were seen meeting Cook that night. A second store in Delhi, the capital, is set to open on Thursday. As Apple pushes to make India a bigger manufacturing base, some of its products, including iPhones, are being assembled in the country by Taiwanese contract electronics manufacturers Foxconn 2317.TW and Wistron Corp 3231.TW. It also plans to assemble iPads and AirPods in India. (Reporting by Sriram Mani and Tanvi Mehta; Editing by Clarence Fernandez) ((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.	MUMBAI, April 18 (Reuters) - About 200 Apple AAPL.O fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early on Tuesday outside the shop in the commercial capital of Mumbai. People came from different parts of India to catch a glimpse of Chief Executive Tim Cook, who is set to inaugurate the 28,000-sq-foot (2,600-sq-m) store later in the day, and open it to the public. The new store, located in the premier Reliance-owned Jio World Drive mall, underscores Apple's growing ambitions for India, where, despite a market share of just 3%, it has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.	MUMBAI, April 18 (Reuters) - About 200 Apple AAPL.O fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early on Tuesday outside the shop in the commercial capital of Mumbai. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020. The new store, located in the premier Reliance-owned Jio World Drive mall, underscores Apple's growing ambitions for India, where, despite a market share of just 3%, it has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.	MUMBAI, April 18 (Reuters) - About 200 Apple AAPL.O fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early on Tuesday outside the shop in the commercial capital of Mumbai. Apple has previously faced hurdles in opening physical retail stores in the South Asian nation, but its products have been available on e-commerce websites, while its online store opened in 2020. The new store, located in the premier Reliance-owned Jio World Drive mall, underscores Apple's growing ambitions for India, where, despite a market share of just 3%, it has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.	MUMBAI, April 18 (Reuters) - About 200 Apple AAPL.O fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early on Tuesday outside the shop in the commercial capital of Mumbai. People came from different parts of India to catch a glimpse of Chief Executive Tim Cook, who is set to inaugurate the 28,000-sq-foot (2,600-sq-m) store later in the day, and open it to the public. "The vibe here is just different," said 23-year old Aan Shah, who travelled from the western industrial city of Ahmedabad to attend the launch.
16293.0	2023-04-18 00:00:00 UTC	5 Traits of Legendary Investors	AAPL	https://www.nasdaq.com/articles/5-traits-of-legendary-investors	nan	nan	What do consistent winners have in common? Winning in the stock market requires more than just dumb luck or intuition. While these factors may play a role in the short-term, long-term stock market winners need an edge. In the context of the stock market, an edge refers to a trader’s ability to consistently make profitable trades over a long period. In other words, it is a competitive advantage that stacks the odds in the trader’s favor and ensures long-term profitability. Develop an edge that fits you. An edge on Wall Street can be achieved through various strategies including, fundamental analysis, technical analysis, and event-driven trading, to name a few. If you study the most successful investors, you will find that there are multiple ways to “skin the cat”. For example, Warren Buffett relies on value-oriented principles, while Jim Simons implements a highly complex, math-intensive, quantitative system. Like finding a compatible partner in the relationship realm, successful stock traders must develop and implement a trading system that fits their unique personality. Regardless of the direction you decide to forge with your trading, some common-sense principles can help to drastically speed up the learning curve. Below are 5 common-sense principles (containing quotes from trading & investing legends) to remember when creating a trading system: Trade with the trend: Trading legend Ed Seykota once proclaimed that “The trend is your friend until the end when it bends.” The only way to make a large profit in the stock market is to latch onto a trend and ride it for as long as possible before it inevitably reverses. Surviving is job #1: In an interview with Tony Robbins, billionaire Paul Tudor Jones once said: My metric for everything I look at is the 200-day moving average of closing prices. I’ve seen too many things go to zero, stocks and commodities. The whole trick in investing is: “How do I keep from losing everything?”. If you use the 200-day moving average rule, then you get out. You play defense, and you get out.” Looking back at Tudor Jones’ trading history, it becomes evident that he listened to his own advice – Jones was able to profit handsomely from the “Black Monday” crash of 1987, which saw the S&P 500 Index drop 20% in a single day. In 2022, it would have also helped investors exit stocks and indexes that would get crushed, such as former high-flyers Zoom (ZM), the Ark Innovation ETF (ARKK), and the tech-heavy Nasdaq 100 ETF (QQQ) (pictured below). Image Source: Zacks Investment Research In the long-term, U.S. equities are a good bet: It’s no secret Warren Buffett is a believer in the American dream. Via Berkshire Hathaway, the “Oracle of Omaha” is a top holder of some of America’s leading companies, including Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP). In a 2021 interview, Buffett said, “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America.” Though Buffett took on his massive AAPL position in 2016, there is no better proof of his statement than the mind-boggling performance of AAPL over the past 25 years (+67,500%!!). Image Source: Zacks Investment Research “Bubble” is not necessarily a bad word: Like in life, in the stock market, all good things eventually come to an end. After the internet bubble of 2000 popped, most investors soured on the term “bubble” and used it as a negative word. However, George Soros, one of the most successful and wealthy investors of all time, has a different perspective. He says, “When I see a bubble forming, I rush in to buy, adding fuel to the fire.” Though bubbles are often built on irrational exuberance, pure momentum, and emotion, investors miss out on potential life-changing money by avoiding them. As long as you have an exit plan if the price turns against you, bubbles can be very profitable. One of the most extreme examples is Qualcomm’s (QCOM) insane run during the internet bubble. In 1999, QCOM was up almost 2,600% for the year! Image Source: Zacks Investment Research Don’t overcomplicate investing: Stanley Druckenmiller is featured in Jack Schwager’s book “The New Market Wizards”. Druckenmiller boasts a 30+ year track record where he did not register a single losing year. One caption from the book is as follows. When I first started out, I did very thorough papers covering every aspect of a stock or industry. Before I could make the presentation to the stock selection committee, I first had to submit the paper to the director. I particularly remember the time I gave him my paper on the banking industry. I felt very proud of my work. However, he read through it and said, “This is useless. What makes the stock go up and down?” That comment acted as a spur. Thereafter, I focused my analysis on seeking to identify the factors that were strongly correlated to a stock’s price movement as opposed to looking at all the fundamentals. In other words, you do not have to know every in and out of every stock or the economy to be successful – focus your energy on the key driving factors and remove the clutter. Bottom Line In conclusion, stock traders possess a combination of skills, including discipline, patience, risk management, flexibility, focus, and common sense. These traits are not all innate but can be developed through practice, education, and experience. By cultivating these traits, traders can increase their chances of success in the stock market. 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 Bank of America Corporation (BAC) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report CocaCola Company (The) (KO) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : 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.	Via Berkshire Hathaway, the “Oracle of Omaha” is a top holder of some of America’s leading companies, including Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP). In a 2021 interview, Buffett said, “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America.” Though Buffett took on his massive AAPL position in 2016, there is no better proof of his statement than the mind-boggling performance of AAPL over the past 25 years (+67,500%!! Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report CocaCola Company (The) (KO) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here.	Via Berkshire Hathaway, the “Oracle of Omaha” is a top holder of some of America’s leading companies, including Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP). Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report CocaCola Company (The) (KO) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. In a 2021 interview, Buffett said, “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America.” Though Buffett took on his massive AAPL position in 2016, there is no better proof of his statement than the mind-boggling performance of AAPL over the past 25 years (+67,500%!!	Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report CocaCola Company (The) (KO) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. Via Berkshire Hathaway, the “Oracle of Omaha” is a top holder of some of America’s leading companies, including Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP). In a 2021 interview, Buffett said, “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America.” Though Buffett took on his massive AAPL position in 2016, there is no better proof of his statement than the mind-boggling performance of AAPL over the past 25 years (+67,500%!!	Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report CocaCola Company (The) (KO) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report To read this article on Zacks.com click here. Via Berkshire Hathaway, the “Oracle of Omaha” is a top holder of some of America’s leading companies, including Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP). In a 2021 interview, Buffett said, “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America.” Though Buffett took on his massive AAPL position in 2016, there is no better proof of his statement than the mind-boggling performance of AAPL over the past 25 years (+67,500%!!
16294.0	2023-04-18 00:00:00 UTC	U.S. Strong on ESG, but There’s Work to Be Done	AAPL	https://www.nasdaq.com/articles/u.s.-strong-on-esg-but-theres-work-to-be-done	nan	nan	There’s no shortage of commentary from Corporate America on environmental, social, and governance (ESG) standards and it is increasingly referenced on earnings conference calls and annual reports. That’s good news. But there’s much work to be done on the ESG front by American companies and progress to that effect holds implications for exchange traded funds, including the Invesco ESG Nasdaq 100 ETF (QQMG). QQMG focuses on domestic stocks hailing from the Nasdaq-100 Index with strong ESG credentials, though it has some exposure to ex-U.S. equities. QQMG’s domestic leanings are relevant because, according to the latest edition of the Morningstar Sustainability Atlas, European countries lead the way in terms of sustainability while the U.S. ranks 16 out of 48 countries. That’s decent, but it also leaves much room for improvement. “On one hand, companies like Apple (AAPL), Nvidia (NVDA), UnitedHealth Group (UNH), and Visa (V) are considered leaders from a sustainability point of view; on the other hand, the ESG Risk Ratings for big names such as Amazon.com (AMZN), Meta (META), and Exxon Mobil (XOM) are classified as high. This is attributable in most cases to the companies’ involvement in controversies,” noted Morningstar analyst Valerio Baselli. Apple and Nvidia combine for about 20% of QQMG’s roster while Amazon and Facebook parent Meta Platforms combine for 4.27% of the ETF’s portfolio. While the latter two have work to do when it comes to ESG, the good news is the issues are solvable. Specific to Amazon, the company is already a net-zero leader. Amazon’s ESG risk is largely sourced from the social and governance segments of the acronym as the company has dealt with antitrust suits and allegations of poor treatment of its delivery drivers and warehouse workers in select jurisdictions. Owing to the bad public relations caused by staff-related issues, Amazon likely knows it needs to prioritize working conditions to bolster its ESG credentials. One area where U.S. firms score well on a broad basis, according to Morningstar Sustainability Atlas, is low carbon risk. It’s a good thing because companies that aren’t making strides in low carbon transition risk harming not only the environment but investor returns as well. “Yet that transition also means investors must take steps to protect their portfolios from climate risks: Some investments will be disadvantaged in the transition to net zero, while others will find themselves vulnerable to physical risks from extreme events caused by climate change,” added Baselli. The good news for QQMG investors is that the ETF is loaded with high-growth companies that overtly prioritize carbon-reduction efforts and are spending money to that effect. For more news, information, and analysis, visit the ETF Education 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.	“On one hand, companies like Apple (AAPL), Nvidia (NVDA), UnitedHealth Group (UNH), and Visa (V) are considered leaders from a sustainability point of view; on the other hand, the ESG Risk Ratings for big names such as Amazon.com (AMZN), Meta (META), and Exxon Mobil (XOM) are classified as high. There’s no shortage of commentary from Corporate America on environmental, social, and governance (ESG) standards and it is increasingly referenced on earnings conference calls and annual reports. Amazon’s ESG risk is largely sourced from the social and governance segments of the acronym as the company has dealt with antitrust suits and allegations of poor treatment of its delivery drivers and warehouse workers in select jurisdictions.	“On one hand, companies like Apple (AAPL), Nvidia (NVDA), UnitedHealth Group (UNH), and Visa (V) are considered leaders from a sustainability point of view; on the other hand, the ESG Risk Ratings for big names such as Amazon.com (AMZN), Meta (META), and Exxon Mobil (XOM) are classified as high. But there’s much work to be done on the ESG front by American companies and progress to that effect holds implications for exchange traded funds, including the Invesco ESG Nasdaq 100 ETF (QQMG). One area where U.S. firms score well on a broad basis, according to Morningstar Sustainability Atlas, is low carbon risk.	“On one hand, companies like Apple (AAPL), Nvidia (NVDA), UnitedHealth Group (UNH), and Visa (V) are considered leaders from a sustainability point of view; on the other hand, the ESG Risk Ratings for big names such as Amazon.com (AMZN), Meta (META), and Exxon Mobil (XOM) are classified as high. But there’s much work to be done on the ESG front by American companies and progress to that effect holds implications for exchange traded funds, including the Invesco ESG Nasdaq 100 ETF (QQMG). The good news for QQMG investors is that the ETF is loaded with high-growth companies that overtly prioritize carbon-reduction efforts and are spending money to that effect.	“On one hand, companies like Apple (AAPL), Nvidia (NVDA), UnitedHealth Group (UNH), and Visa (V) are considered leaders from a sustainability point of view; on the other hand, the ESG Risk Ratings for big names such as Amazon.com (AMZN), Meta (META), and Exxon Mobil (XOM) are classified as high. That’s good news. While the latter two have work to do when it comes to ESG, the good news is the issues are solvable.
16295.0	2023-04-17 00:00:00 UTC	Technology Sector Update for 04/17/2023: GOOG, AAPL, MSFT, GOOGL	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-17-2023%3A-goog-aapl-msft-googl	nan	nan	Tech stocks were lower Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index falling 1%. In company news, Alphabet (GOOG) shares were shedding 3% after it was reported to be facing increasing competition from rivals in the search business and the AI race, the New York Times reported, citing a review of Google's internal documents. Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Apple was down 0.5%. Microsoft (MSFT) and Epic said they will expand their partnership to integrate artificial intelligence technology into their healthcare offerings by adding Azure's OpenAI Service to Epic's electronic health record software. Microsoft shares were edging up 0.2%. 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) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Tech stocks were lower Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index falling 1%. In company news, Alphabet (GOOG) shares were shedding 3% after it was reported to be facing increasing competition from rivals in the search business and the AI race, the New York Times reported, citing a review of Google's internal documents.	Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Microsoft (MSFT) and Epic said they will expand their partnership to integrate artificial intelligence technology into their healthcare offerings by adding Azure's OpenAI Service to Epic's electronic health record software. Microsoft shares were edging up 0.2%.	Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. In company news, Alphabet (GOOG) shares were shedding 3% after it was reported to be facing increasing competition from rivals in the search business and the AI race, the New York Times reported, citing a review of Google's internal documents. Microsoft (MSFT) and Epic said they will expand their partnership to integrate artificial intelligence technology into their healthcare offerings by adding Azure's OpenAI Service to Epic's electronic health record software.	Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Tech stocks were lower Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index falling 1%. In company news, Alphabet (GOOG) shares were shedding 3% after it was reported to be facing increasing competition from rivals in the search business and the AI race, the New York Times reported, citing a review of Google's internal documents.
16296.0	2023-04-17 00:00:00 UTC	PREVIEW-TSMC Q1 earnings seen down 5% y/y, Q2 also looks tough	AAPL	https://www.nasdaq.com/articles/preview-tsmc-q1-earnings-seen-down-5-y-y-q2-also-looks-tough	nan	nan	By Faith Hung and Ben Blanchard TAIPEI, April 18 (Reuters) - Taiwanese chipmaker TSMC 2330.TW is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, is likely to report net profit for the January-March period of T$192.5 billion ($6.30 billion), down from T$202.7 billion a year earlier, according to the average of 21 analysts polled by Reuters. "Looking ahead into the second quarter, which is typically a slow season, TSMC's sales on a quarterly basis will be under pressure from inventory adjustments as major clients cut back on orders," said Alex Huang, who manages about T$5 billion for Capital Investment Trust Corp. But momentum may pick up as early as the third quarter, he added, corresponding with the improved outlooks for that quarter projected by Apple, Nvidia Corp NVDA.O and Advanced Micro Devices Inc AMD.O, some of TSMC's biggest customers. TSMC, Asia's most valuable listed company, has forecast demand will recover in the second half of this year. It will provide guidance for the second quarter and update previous forecasts on itsearnings callat 0600 GMT on Thursday. TSMC already reported its first quarter revenue of T$508.63 billion ($16.69 billion), at the bottom of a January forecast range of $16.7 billion to $17.5 billion, compared to $17.57 billion for the year-ago period. TSMC said in January its capital spending in 2023 would decrease to between $32 billion and $36 billion from $36.3 billion in 2022. The company's concentration of production in Taiwan at a time of growing military tensions with China, which claims the island as its own territory, has spooked some investors. U.S. billionaire Warren Buffett last week called TSMC a "fabulous company," but said it faced risks because of its location. Buffett's investment conglomerate Berkshire Hathaway Inc BRKa.N bought more than $4.1 billion of TSMC's shares between July and September 2022, but in February said it had sold 86% of its stake by year-end. TSMC's Taipei-listed stock has risen by around 16% so far this year, outperforming the broader market .TWII, which is up 13%. ($1 = 30.5590 Taiwan dollars) (Reporting by Faith Hung and Ben Blanchard; Editing by Jamie Freed) ((ben.blanchard@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.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, is likely to report net profit for the January-March period of T$192.5 billion ($6.30 billion), down from T$202.7 billion a year earlier, according to the average of 21 analysts polled by Reuters. By Faith Hung and Ben Blanchard TAIPEI, April 18 (Reuters) - Taiwanese chipmaker TSMC 2330.TW is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. The company's concentration of production in Taiwan at a time of growing military tensions with China, which claims the island as its own territory, has spooked some investors.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, is likely to report net profit for the January-March period of T$192.5 billion ($6.30 billion), down from T$202.7 billion a year earlier, according to the average of 21 analysts polled by Reuters. By Faith Hung and Ben Blanchard TAIPEI, April 18 (Reuters) - Taiwanese chipmaker TSMC 2330.TW is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. ($1 = 30.5590 Taiwan dollars) (Reporting by Faith Hung and Ben Blanchard; Editing by Jamie Freed) ((ben.blanchard@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.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, is likely to report net profit for the January-March period of T$192.5 billion ($6.30 billion), down from T$202.7 billion a year earlier, according to the average of 21 analysts polled by Reuters. TSMC already reported its first quarter revenue of T$508.63 billion ($16.69 billion), at the bottom of a January forecast range of $16.7 billion to $17.5 billion, compared to $17.57 billion for the year-ago period. TSMC said in January its capital spending in 2023 would decrease to between $32 billion and $36 billion from $36.3 billion in 2022.	Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N, the world's largest contract chipmaker and a major Apple Inc AAPL.O supplier, is likely to report net profit for the January-March period of T$192.5 billion ($6.30 billion), down from T$202.7 billion a year earlier, according to the average of 21 analysts polled by Reuters. By Faith Hung and Ben Blanchard TAIPEI, April 18 (Reuters) - Taiwanese chipmaker TSMC 2330.TW is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. TSMC said in January its capital spending in 2023 would decrease to between $32 billion and $36 billion from $36.3 billion in 2022.
16297.0	2023-04-17 00:00:00 UTC	Wedbush Reiterates Apple (AAPL) Outperform Recommendation	AAPL	https://www.nasdaq.com/articles/wedbush-reiterates-apple-aapl-outperform-recommendation	nan	nan	Fintel reports that on April 17, 2023, Wedbush reiterated coverage of Apple (NASDAQ:AAPL) with a Outperform recommendation. Analyst Price Forecast Suggests 5.13% Upside As of April 6, 2023, the average one-year price target for Apple is $173.69. The forecasts range from a low of $119.18 to a high of $215.25. The average price target represents an increase of 5.13% from its latest reported closing price of $165.21. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Apple is $413,641MM, an increase of 6.74%. The projected annual non-GAAP EPS is $6.36. For more in-depth coverage of Apple, view the free, crowd-sourced company research report on Finpedia. What are Other Shareholders Doing? Windle Wealth holds 40K shares representing 0.00% ownership of the company. Horizon Kinetics Asset Management holds 11K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 12K shares, representing a decrease of 2.97%. The firm decreased its portfolio allocation in AAPL by 25.16% over the last quarter. First Washington holds 37K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 35K shares, representing an increase of 6.96%. The firm decreased its portfolio allocation in AAPL by 1.81% over the last quarter. Allied Investment Advisors holds 81K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 81K shares, representing a decrease of 0.86%. The firm decreased its portfolio allocation in AAPL by 99.92% over the last quarter. Congress Wealth Management holds 473K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 478K shares, representing a decrease of 1.09%. The firm increased its portfolio allocation in AAPL by 117,610.54% over the last quarter. What is the Fund Sentiment? There are 6405 funds or institutions reporting positions in Apple. This is an increase of 223 owner(s) or 3.61% in the last quarter. Average portfolio weight of all funds dedicated to AAPL is 2.41%, a decrease of 36.17%. Total shares owned by institutions increased in the last three months by 0.32% to 10,150,974K shares. The put/call ratio of AAPL is 1.03, indicating a bearish outlook. Apple Background Information (This description is provided by the company.) Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, the AirPods wireless earbuds, the AirPods Max headphones, and the HomePod smart speaker line. Apple's software includes iOS, iPadOS, macOS, watchOS, and tvOS operating systems, the iTunes media player, the Safari web browser, the Shazam music identifier, and the iLife and iWork creativity and productivity suites, as well as professional applications like Final Cut Pro X, Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App Store, Mac App Store, Apple Arcade, Apple Music, Apple TV+, iMessage, and iCloud. Other services include Apple Store, Genius Bar, AppleCare, Apple Pay, Apple Pay Cash, and Apple Card. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell Wozniak's Apple I personal computer, though Wayne sold his share back within 12 days. It was incorporated as Apple Computer, Inc., in January 1977, and sales of its computers, including the Apple I and Apple II, grew quickly. See all Apple regulatory filings. 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.	Fintel reports that on April 17, 2023, Wedbush reiterated coverage of Apple (NASDAQ:AAPL) with a Outperform recommendation. The firm decreased its portfolio allocation in AAPL by 25.16% over the last quarter. The firm decreased its portfolio allocation in AAPL by 1.81% over the last quarter.	Fintel reports that on April 17, 2023, Wedbush reiterated coverage of Apple (NASDAQ:AAPL) with a Outperform recommendation. The firm decreased its portfolio allocation in AAPL by 25.16% over the last quarter. The firm decreased its portfolio allocation in AAPL by 1.81% over the last quarter.	Fintel reports that on April 17, 2023, Wedbush reiterated coverage of Apple (NASDAQ:AAPL) with a Outperform recommendation. The firm decreased its portfolio allocation in AAPL by 25.16% over the last quarter. The firm decreased its portfolio allocation in AAPL by 1.81% over the last quarter.	Fintel reports that on April 17, 2023, Wedbush reiterated coverage of Apple (NASDAQ:AAPL) with a Outperform recommendation. The firm decreased its portfolio allocation in AAPL by 25.16% over the last quarter. The firm decreased its portfolio allocation in AAPL by 1.81% over the last quarter.
16298.0	2023-04-17 00:00:00 UTC	The 7 Top Stocks That Hedge Funds Are Buying Now	AAPL	https://www.nasdaq.com/articles/the-7-top-stocks-that-hedge-funds-are-buying-now	nan	nan	InvestorPlace - Stock Market News, Stock Advice & Trading Tips While you shouldn’t automatically follow the masses with every decision, the stocks that hedge funds are buying now may provide considerable value to retail investors. Fundamentally, hedge funds typically own the best research tools, platforms, and resources. Even better, they hire the best analysts. So, when they acquire something, they’re doing it with a greater magnitude of conviction. Also, stocks that hedge funds are bullish on may generate a self-fulfilling cycle. Basically, you have articles like this one broadcasting the top hedge fund favorites to a wide public audience. Invariably, this action will pique curiosity, leading to further investigations and perhaps acquisitions. To be fair, these aren’t the most groundbreaking ideas ever collected. However, the big dogs really love them. So, without further ado, below are compelling hedge fund stocks. ITCB Itau CorpBanca $3.64 MSFT Microsoft $288.80 AAPL Apple $165.23 AMZN Amazon $102.74 BRK-A Berkshire Hathaway $497,900.00 TSLA Tesla $187.04 SCHW Charles Schwab $52.77 Itau CorpBanca (ITCB) Source: Epic Cure / Shutterstock According to data from HedgeFollow, Itau CorpBanca (NYSE:ITCB) ranks as the top name among stocks that hedge funds are buying. Based on various regulatory filings since the beginning of the first quarter of 2023, institutional investors acquired a total of $4.36 trillion worth of ITCB stock. Ranking as the fourth-largest commercial bank in Chile, Itau CorpBanca represents an oddity for hedge fund stocks. With banking sector concerns that originated in the U.S. regional financial space spreading to other nations, the massive wager on ITCB stands as a huge risk. So far, though, ITCB has been resilient. Since the beginning of this year, shares gained over 12% of equity value. To be fair, investors may want to cautiously consider this name. As a foreign bank, you must really understand the home market and economy. Also, Wall Street analysts don’t cover ITCB so you’ll be navigating a lonely road. Microsoft (MSFT) Source: Zurijeta / Shutterstock.com A fan favorite among retail investors, software (and hardware) technology stalwart Microsoft (NASDAQ:MSFT) also ranks among stocks that hedge funds are buying. According to HedgeFollow, institutional investors bought up $58.61 billion worth of MSFT stock. Here, the biggest procurer was Norges Bank at $20.4 billion. Although the dramatic spike in inflation and the Federal Reserve’s monetary policy response imposed a tough backdrop for the tech sector broadly, MSFT performed relatively well. Since the Jan. opener, Microsoft shares gained over 19% in equity value. In the trailing one-year period, they’re up 2%. As an enterprise offering myriad relevancies for both consumers and enterprise-level clients, Microsoft unsurprisingly features robust financials. Notably, its Altman Z-Score pings at 9, indicating a very low risk of bankruptcy. In addition, its trailing-year net margin comes in at 33.05%, outpacing 96.75% of its peers. Finally, analysts peg MSFT as a consensus strong buy with a price target of $299.93 implying nearly 5% upside potential. As a relatively safe idea, MSFT stands among the hedge fund favorites. Apple (AAPL) Source: shutterstock.com/CC7 Coming in third place among the stocks that hedge funds are buying now is Apple (NASDAQ:AAPL). An iconic tech giant, regulatory filings during Q1 2023 reveal that institutional investors bought up $55.33 billion worth of AAPL stock. Individually, the top procurer was once again Norges Bank at $22.44 billion. Although Apple suffered alongside other tech plays during a difficult time last year, the market’s top dogs appear determined to spark a recovery. Since the January opener, AAPL gained slightly over 32% of its equity value. In the past 365 days, AAPL barely poked its head above water. Nevertheless, the tech stalwart should continue operating as one of the stocks that hedge funds are bullish on. It really comes down to the financials. Operationally, Apple’s three-year revenue growth rate pings at 20%, outpacing 85.43% of its rivals. Also, its trailing-year net margin hits 24.56%, an impressive figure. Lastly, covering analysts peg AAPL as a consensus strong buy. Their average price target is $171.16, implying nearly 4% upside potential. Amazon (AMZN) Source: Freedom365day / Shutterstock.com Another unsurprising name among stocks that hedge funds are buying now is e-commerce and tech giant Amazon (NASDAQ:AMZN). Per HedgeFollow, institutional investors acquired a total of $41.28 billion worth of AMZN stock. Again, Norges Bank leads the pack among the big dogs, acquiring $9.69 billion. Overall, Amazon currently rides a comeback trek. Since the start of the year, AMZN gained over 19% of its equity value. However, in the past 365 days, it’s down nearly 33%. Naturally, skyrocketing inflation that sparked last year took a heavy toll on Amazon’s core e-commerce business. Nevertheless, the fallout might offer a discounted opportunity for contrarians. Operationally, Amazon features a three-year revenue growth rate of 21.9%. Compared to other companies listed in the cyclical retail industry, Amazon ranks better than nearly 84% of its peers. Therefore, it continues to thrive as one of the hedge fund favorites. Notably, analysts peg AMZN as a consensus strong buy. Their average price target comes out to $135.85, implying almost 33% upside potential. Berkshire Hathaway (BRK-A) Source: Chompoo Suriyo / Shutterstock.com A multinational conglomerate, Berkshire Hathaway (NYSE:BRK-A) naturally commands intrigue because of its CEO, the Oracle of Omaha himself Warren Buffett. Essentially a bet on everything, you probably can’t go wrong with shares of Berkshire. Here, institutional investors bought up to $29.95 billion worth of Class A shares (the ones that cost $496,000 a pop). The biggest buyer is Perigon Wealth Management LLC. Although BRK-A carries a boring reputation, it’s been one of the more interesting ideas among stocks that hedge funds are buying now. Since the Jan. opener, shares moved up nearly 6%. In the past 365 days, its red ink is now down to 4.5% below breakeven. Financially, Berkshire admittedly seems a bit of a risky prospect. First, Gurufocus warns that the market prices BRK-A at 22.62 times forward earnings. Ranked worse than 85.21% of its peers, the investment resource states that BRK.A may be significantly overvalued. At the same time, you’re trading with one of the best minds in the investing game. Per Wall Street analysts, BRK-A ranks as a consensus moderate buy. Tesla (TSLA) Source: AdityaB. Photography/ShutterStock.com As the leader in electric vehicles, it’s no shocker that Tesla (NASDAQ:TSLA) stands among the stocks that hedge funds are buying. Per regulatory filings posted in Q1 2023, institutional investors bought up $28.03 billion worth of TSLA stock. Once again, Norges Bank represented the top bull, procuring $5.31 billion. Over the long run, the case for TSLA sells itself, particularly for those that have confidence in the electrification of mobility. Thus, it’s easily one of the hedge fund stocks that top investors target. However, it’s been a difficult ride. Sure, TSLA gained 71% of its equity value since the Jan. opener. However, in the trailing one-year period, it fell nearly 45%. Financially, Tesla benefits from a robust balance sheet, particularly its cash-to-debt ratio of 3.86 times. Operationally, it posts a three-year revenue growth rate of 36.4% and a net margin of 15.45%. However, the value proposition (trading at 48.81 times forward earnings) keeps many on the sidelines. Still, analysts peg TSLA as a consensus moderate buy. Their average price target stands at $219.57, implying nearly 19% upside potential. Charles Schwab (SCHW) Source: Wright Studio/Shutterstock.com One of the oddest and riskiest names among stocks that hedge funds are buying, I must admit that I was perplexed when I came across Charles Schwab (NYSE:SCHW). Institutional investors acquired $23.93 billion worth of SCHW stock. In this case, Toronto-Dominion Bank (NYSE:TD) represented the top buyer at $17.47 billion. A multinational financial services company, brewing recession fears don’t fundamentally bolster the underlying sector. As evidence, since the January opener, SCHW gave up 38% of equity value. In the past 365 days, it dropped more than 32%. Frankly, the financials don’t provide much in the way of confidence. For instance, its balance sheet is rather weak, with a cash-to-debt ratio of 1.06 ranking worse than 66.62% of its peers. Also, its three-year revenue growth rate of 10.5% is a bit better than the industry median. However, its net margin is 34.6%, outpacing 78.51% of the competition. Lastly, analysts peg SCHW as a consensus moderate buy. Their average price target stands at $74.83, implying over 47% upside potential. On the date of publication, Josh Enomoto 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. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. The post The 7 Top Stocks That Hedge Funds Are Buying Now 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.	ITCB Itau CorpBanca $3.64 MSFT Microsoft $288.80 AAPL Apple $165.23 AMZN Amazon $102.74 BRK-A Berkshire Hathaway $497,900.00 TSLA Tesla $187.04 SCHW Charles Schwab $52.77 Itau CorpBanca (ITCB) Source: Epic Cure / Shutterstock According to data from HedgeFollow, Itau CorpBanca (NYSE:ITCB) ranks as the top name among stocks that hedge funds are buying. Apple (AAPL) Source: shutterstock.com/CC7 Coming in third place among the stocks that hedge funds are buying now is Apple (NASDAQ:AAPL). An iconic tech giant, regulatory filings during Q1 2023 reveal that institutional investors bought up $55.33 billion worth of AAPL stock.	ITCB Itau CorpBanca $3.64 MSFT Microsoft $288.80 AAPL Apple $165.23 AMZN Amazon $102.74 BRK-A Berkshire Hathaway $497,900.00 TSLA Tesla $187.04 SCHW Charles Schwab $52.77 Itau CorpBanca (ITCB) Source: Epic Cure / Shutterstock According to data from HedgeFollow, Itau CorpBanca (NYSE:ITCB) ranks as the top name among stocks that hedge funds are buying. Apple (AAPL) Source: shutterstock.com/CC7 Coming in third place among the stocks that hedge funds are buying now is Apple (NASDAQ:AAPL). An iconic tech giant, regulatory filings during Q1 2023 reveal that institutional investors bought up $55.33 billion worth of AAPL stock.	ITCB Itau CorpBanca $3.64 MSFT Microsoft $288.80 AAPL Apple $165.23 AMZN Amazon $102.74 BRK-A Berkshire Hathaway $497,900.00 TSLA Tesla $187.04 SCHW Charles Schwab $52.77 Itau CorpBanca (ITCB) Source: Epic Cure / Shutterstock According to data from HedgeFollow, Itau CorpBanca (NYSE:ITCB) ranks as the top name among stocks that hedge funds are buying. Apple (AAPL) Source: shutterstock.com/CC7 Coming in third place among the stocks that hedge funds are buying now is Apple (NASDAQ:AAPL). An iconic tech giant, regulatory filings during Q1 2023 reveal that institutional investors bought up $55.33 billion worth of AAPL stock.	ITCB Itau CorpBanca $3.64 MSFT Microsoft $288.80 AAPL Apple $165.23 AMZN Amazon $102.74 BRK-A Berkshire Hathaway $497,900.00 TSLA Tesla $187.04 SCHW Charles Schwab $52.77 Itau CorpBanca (ITCB) Source: Epic Cure / Shutterstock According to data from HedgeFollow, Itau CorpBanca (NYSE:ITCB) ranks as the top name among stocks that hedge funds are buying. Apple (AAPL) Source: shutterstock.com/CC7 Coming in third place among the stocks that hedge funds are buying now is Apple (NASDAQ:AAPL). An iconic tech giant, regulatory filings during Q1 2023 reveal that institutional investors bought up $55.33 billion worth of AAPL stock.
16299.0	2023-04-17 00:00:00 UTC	Technology Sector Update for 04/17/2023: ERIC, GOOG, GOOGL, AAPL, MSFT	AAPL	https://www.nasdaq.com/articles/technology-sector-update-for-04-17-2023%3A-eric-goog-googl-aapl-msft	nan	nan	Tech stocks were mixed late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the Philadelphia Semiconductor index down 0.2%. In company news, Ericsson (ERIC) was shedding 0.4% after saying its Chief Financial Officer Carl Mellander will step down at the end of Q1 2024. Alphabet (GOOG) shares were down 2.7% after the New York Times reported the company is facing increasing competition from rivals in the search business and the AI race, according to a review of Google's internal documents. Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Apple shares were steady. Microsoft (MSFT) and Epic said they will expand their partnership to integrate artificial intelligence technology into their healthcare offerings by adding Azure's OpenAI Service to Epic's electronic health record software. Microsoft shares were up 0.7%. 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) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Tech stocks were mixed late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the Philadelphia Semiconductor index down 0.2%. In company news, Ericsson (ERIC) was shedding 0.4% after saying its Chief Financial Officer Carl Mellander will step down at the end of Q1 2024.	Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Apple shares were steady. Microsoft shares were up 0.7%.	Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Alphabet (GOOG) shares were down 2.7% after the New York Times reported the company is facing increasing competition from rivals in the search business and the AI race, according to a review of Google's internal documents. Microsoft (MSFT) and Epic said they will expand their partnership to integrate artificial intelligence technology into their healthcare offerings by adding Azure's OpenAI Service to Epic's electronic health record software.	Apple (AAPL) said it has entered a partnership with Goldman Sachs (GS) to launch a savings account for Apple Card users. Tech stocks were mixed late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the Philadelphia Semiconductor index down 0.2%. Apple shares were steady.

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