Apple Emerges as the Most Under-Owned Tech Giant in the U.S., Defying Historical Trends In a surprising turn of events, Apple Inc. has taken the crown as the most under-owned large tech company in the United States. This remarkable feat is attributed to a substantial surge in the company’s S&P 500 weighting and institutional ownership …
US Stocks Rally Over 1% as 10-Year Treasury Rates Fall Amid Economic Concerns On a volatile Wednesday in the financial markets, U.S. stocks experienced a notable surge, with gains exceeding 1%. The primary catalyst for this upward momentum was a sharp 15-basis-point decline in the 10-year U.S. Treasury rate. This significant shift in the bond …
Elon Musk Teases Cybertruck’s Imminent Arrival with Twitter Photo In his characteristic enigmatic style, tech mogul Elon Musk recently took to X (formerly Twitter) to share an intriguing glimpse into the highly anticipated Cybertruck project. The photo showcased Musk seated behind the wheel of what he referred to as a “production candidate” Cybertruck, sending waves …
Apple Voices Support for Right-to-Repair Legislation in California In a notable and potentially transformative move, Apple, the tech industry titan, recently communicated its endorsement of a right-to-repair bill, SB 244, to a California state senator. This significant development marks a shift in the company’s stance towards repairability and consumers’ rights. Apple Voices Support for Right-to-Repair …
NVIDIA Achieves Remarkable Milestone with Record-Breaking $13.51 Billion in Q2 2023 Revenue In a stunning display of growth and innovation, NVIDIA, the global chip giant, recently announced its latest earnings report for the second quarter of 2023. The report unveiled a remarkable achievement as NVIDIA reported record-breaking revenue, soaring to an impressive $13.51 billion. This …