The S&P 500’s information technology sector wasn’t getting any help from Apple Inc. on Tuesday afternoon, after the tech giant’s highly-anticipated marketing...
The S&P 500’s information technology sector wasn’t getting any help from Apple Inc. on Tuesday afternoon, after the tech giant’s highly-anticipated marketing event.
“While the Apple iPhone has been a revolutionary product for the world and even more so for the company, a new version being announced is not exactly a make-or-break moment for the stock,” said Bespoke Investment Group, in a note Tuesday. “Previous announcements have coincided with plenty of highs, lows, and everything in between for the stock.”
Apple, with a massive market value of around $2.8 trillion, is among the group of so-called Big Tech stocks that carry a collectively large weight in the S&P 500 index. Shares of Apple have surged more than 35% this year, far exceeding the S&P 500’s more than 16% climb year to date, FactSet data showed, at last check.
Shares of tech company Oracle Corp. ORCL, -13.59% were weighing on the S&P 500 with a steep drop of more than 14% in afternoon trading Tuesday, after its revenue outlook fell below Wall Street expectations.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Apple Watch price tracker: When to buy the Apple Watch 8 and the Apple Watch UltraHere's when you'll find the best price on the Apple Watch 8 and the Apple Watch Ultra.
Consulte Mais informação »
Apple Inc. stock rises Monday, still underperforms marketShares of Apple Inc. inched 0.66% higher to $179.36 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ...
Consulte Mais informação »
Apple's big event: Consumers likely to see new iPhone, Apple WatchApple will hold a widely-anticipated event Tuesday, with many expecting the tech giant to unveil new devices that could soon hit the market. One of those is the iPhone 15, according to reports.
Consulte Mais informação »
Apple Loop: iPhone 15 Pro Launch Dates Confirmed, iPhone 15 Delays, Apple’s Expensive China ProblemThis week’s Apple Loop includes iPhone 15 launch dates confirmed, iPhone 15 Pro details leak, iPhone 15 Pro Max delay, Apple’s budget MacBook, Apple’s Chinese ban hits stock price, and more...
Consulte Mais informação »
Apple is expected to announce new iPhones, Apple Watches and AirPodsThis year’s new iPhone will likely be branded as the iPhone 15, and the biggest change for the device could be a USB-C charging port.
Consulte Mais informação »
Apple event live updates: iPhone 15, new Apple Watch expectedThis year’s new iPhone will likely be branded as the iPhone 15, and the biggest change for the device could be a USB-C charging port.
Consulte Mais informação »