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Zacks News
Apple Jumps on the AI Bandwagon: ETFs to Buy
by Sweta Killa
Apple (AAPL) jumped 7% to a record high, marking the biggest one-day jump since November 2022 and the first all-time high of 2024, following the launch of new AI features at its long-anticipated Worldwide Developers Conference.
Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?
by Zacks Equity Research
Sector ETF report for FTEC
Apple ETFs in Focus Post New iPad Launch
by Sweta Killa
Apple (AAPL), during a virtual launch event, unveiled a new lineup of iPads for the first time in two years.
ETFs to Buy on Apple's Q2 Earnings Beat, Largest-Ever Buyback
by Sweta Killa
Apple beat estimates on both earnings and revenues, and unveiled a record share buyback program amid the steep decline in iPhone sales.
Will Apple Beat on Q2 Earnings Amid iPhone Slump? ETFs in Focus
by Sweta Killa
The tech giant has a reasonable chance to beat earnings estimates. It saw positive earnings estimate revision activity, which is generally a precursor to an earnings beat. However, Apple has been struggling with concerns about iPhone sales.
ETFs to Buy as Cloud, AI Power Microsoft's Q3 Earnings
by Sweta Killa
Microsoft (MSFT) reported strong third-quarter fiscal 2024 results, beating earnings and revenue estimates. driven by strong demand for cloud and artificial intelligence offerings.
What's in Store for Microsoft ETFs This Earnings Season?
by Sweta Killa
Microsoft (MSFT) has been caught in a spree of heavy technology sector sell-off in recent weeks, erasing most of its gains made this year. There might be gains in store if MSFT comes up with an earnings beat as demand for generative AI will continue to fuel cloud business.
Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?
by Zacks Equity Research
Sector ETF report for FTEC
5 ETFs to Tap Microsoft's Strength
by Sweta Killa
Microsoft's stock reached an unprecedented high, driven by the announcement of its new artificial intelligence assistant, Microsoft Copilot for Security.
Will Apple ETFs Gain Momentum After Announcement of AI Project?
by Sanghamitra Saha
Apple (AAPL) has decided to cancel its ambitious project to build an electric car and invest those resources to artificial intelligence. Can this move boost struggling Apple shares?