Sector ETF report for XLK
Apple reported solid second-quarter fiscal 2023 results by beating estimates on both earnings and revenues, powered by a surprise boost in iPhone sales.
Apple has returned about 30% so far this year, outperforming the industry's gain of 24.2%. The momentum is expected to continue if the company's earnings beat estimates in the soon-to-be-reported quarter....
Microsoft (MSFT) reported strong third-quarter fiscal 2023 results, beating earnings and revenue estimates. The company also provided an upbeat outlook for its nascent artificial intelligence services....
Consumer and Producer Price Inflation in the United States cooled down considerably in March. These ETF areas are likely to gain ahead.
Inflation in the United States cooled down further in March as the consumer price index rose 0.1% in the month, following a 0.4% increase in February.
Contrary to a common belief, it is possible to outperform the market with exchange-traded funds.
U.S. tech stocks have hit rough weather lately due to the banking crisis in the United States. Several investors are finding tech stocks and ETFs safe bets. In any case, tech sector has been performing...
While big tech offers some safety in turbulent times, it is not without risk.