The share price of Apple, by far the world’s most valuable company, with a market capitalization over $3 trillion, has surged 49% so far this year, increasing its weight in stock indexes to record levels. The company’s weighting in the S&P 500 has swelled to 7.6%, the biggest of any one stock in the history of the benchmark index, according to S&P Dow Jones Indices. Lewis Krauskopf for Reuters: That hefty weighting means moves in Apple’s shares have an outsized influence on index performance. If shares of Apple keep rallying, that could hurt the results of active fund managers, who strive to beat indexes such as the S&P 500 or Russell 1000. The issue has taken on additional urgency this…
Google and Tesla were both downgraded this week despite big rallies. Apple’s fundamentals put them in a different class, however, as the technical setup for Apple stock is just as strong, and this rally is still young, Sam Quirke writes for for MarketBeat on Thursday. Sam Quirke for MarketBeat: Apple… has been at the forefront of the tech-dominated rally that has helped the benchmark S&P 500 index gain 15% this year. Apple’s shares are not only up more than 50% themselves, but they’re also printing fresh all-time highs on a daily basis right now. But with the stock’s RSI showing a score of 70, indicating overbought conditions, could Apple be the next big name to receive a cooling down order? Rest assured,…
Google and Tesla were both downgraded this week despite big rallies. Apple’s fundamentals put them in a different class, however, as the technical setup for Apple stock is just as strong, and this rally is still young, Sam Quirke writes for for MarketBeat on Thursday. Sam Quirke for MarketBeat: Apple… has been at the forefront of the tech-dominated rally that has helped the benchmark S&P 500 index gain 15% this year. Apple’s shares are not only up more than 50% themselves, but they’re also printing fresh all-time highs on a daily basis right now. But with the stock’s RSI showing a score of 70, indicating overbought conditions, could Apple be the next big name to receive a cooling down order? Rest assured,…
Macworld At a glance Our VerdictThe MacBook Air with M2 is a significant improvement over its predecessor. It offers better performance, a more modern design, an improved display and some small but excellent improvements. There will be many for whom the older model is more than adequate, but the newer model costs just $100/£100 more and offers so much more value for money so it is our recommendation. Best Prices Today: Apple 13-inch MacBook Air (2022, M2) Retailer Price $999.00 View Deal $1,097.96 View Deal $1099.00 View Deal $1099.00 View Deal Price comparison from over 24,000 stores worldwide View more prices The M2 MacBook Air went on sale in July 2022. Compared to the M1 MacBook Air that launched in…
Macworld At a glance Our VerdictThe MacBook Air with M2 is a significant improvement over its predecessor. It offers better performance, a more modern design, an improved display and some small but excellent improvements. There will be many for whom the older model is more than adequate, but the newer model costs just $100/£100 more and offers so much more value for money so it is our recommendation. Best Prices Today: Apple 13-inch MacBook Air (2022, M2) Retailer Price $999.00 View Deal $1,095.76 View Deal $1099.00 View Deal $1099.00 View Deal Price comparison from over 24,000 stores worldwide View more prices The M2 MacBook Air went on sale in July 2022. Compared to the M1 MacBook Air that launched in…
While the iPhone 15 Pro has yet to launch, several new features have already been rumored. Following our iPhone 12 Pro vs. iPhone 15 Pro and iPhone 13 Pro vs. iPhone 15 Pro comparisons, we have now put together a version for the iPhone 11 Pro. While year-over-year iPhone upgrades are not always significant, new features begin to stack up over multiple generations. For this reason, the iPhone 15 Pro will be a notable upgrade for those who still have a four-year-old iPhone 11 Pro. The list below includes major iPhone changes introduced since 2019, as well as new features rumored for iPhone 15 Pro models. iPhone 11 Pro vs. iPhone 15 ProA17 chip vs. A13 chip: The 5nm-based A16…
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