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Zacks News
Microsoft ETFs Tumble as Q3 Cloud Growth Slows Down
by Sweta Killa
Though Microsoft (MSFT) beat earnings and revenue estimates, growth in Azure cloud computing slowed down. Microsoft also offered weak guidance for the ongoing quarter.
Microsoft Gears Up for Earnings After the Bell: ETFs in Focus
by Sweta Killa
ft (MSFT) is set to release fourth-quarter 2024 results today after market close. The software maker has a reasonable chance of beating estimates in the reported quarter.
Tech ETFs Faceoff: Apple Vs Microsoft
by Sweta Killa
Apple (AAPL) and Microsoft (MSFT) are racing for the spot of the most valuable company. The iPhone maker currently has a market cap of $3.26 trillion, whereas the software maker boasts $3.29 trillion.
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.