Large Tech Stocks Sets Bullish Tone for NASDAQ Index in 2021
Investor’s strategy of capitalizing on tech stocks selloff is helping in building a new momentum in the NASDAQ index, which is likely to continue for the next few months because the majority of big tech and information technology companies are seeing bright prospects ahead.
Concerns Are Still High on Netflix Despite Topping Estimate
Investors rush to buy Netflix (NASDAQ: NFLX) stock after fourth-quarter earnings as the largest streaming giant has topped subscribers growth estimates by more than 2 million additions, bringing the full-year subscribers to an annual record of 37 million.
Apple Stock is Shining Ahead of 5G iPhone Event
Apple stock price extended the upside momentum in Tuesday trading after reporting more than 6% gain on Monday ahead of the Apple’s 5G iPhone launch today. Apple has delayed the launch of the 5G smartphone from its original date because of the coronavirus pandemic.
Nvidia Stock Tops in Q3, But Zoom Stock Outperformed Tech Stocks
Nvidia stock price remains the S&P 500 top performer as its shares surged almost 76% during the third quarter. The investors’ confidence in the future fundamentals of Semi-conductor Company helped in adding to shares price gains. Nvidia has announced a $40B acquisition of SoftBank's Arm chip unit.
Facebook Stock has 22% Upside, Here’s Why
The Facebook stock price soared more than 30% since the beginning of this year as pandemic related lockdowns and social distancing policies have significantly increased its user base. In addition, the social media giant’s strategy of introducing new features like shops is adding to investor's sentiments.