FAANG





Daily Perspective
FAANG

Here’s How Apple Stock Reacted to Monday’s Big Unveilings

Shares of Apple Inc. (AAPL) were on the move Monday as CEO Tim Cook and a slew of celebrities attended the tech titan’s highly anticipated press event at Cupertino’s Steve Jobs Theater. The event’s purpose was to announce new services-sector initiatives, which primarily involve pushing beyond the current Apple Music service and into the competitive […]

Read More
FAANG
Investment Banks
Tech Stocks

A Few Of Goldman’s Secret Portfolios Are Doubling The Market’s Returns So Far This Year

There are perks to being one of Goldman Sachs’ (NYSE: GS) elite clients, and beating the market this year appears to be one of them. The investment bank offers its clients 39 exclusive portfolios, almost all of which are beating the market this year. Of the 39, 34 of these secretive portfolios are outperforming the […]

Read More
Earnings Reports
FAANG
Facebook

Facebook’s Huge Earnings Beat Shows the Importance of Waving Through the Noise

After the Nasdaq rebounded 2.2% Wednesday thanks to Apple’s strong earnings performance, the next bellwether report came from Facebook Inc. (FB). Investors and analysts alike eagerly awaited the social media firm’s Q4 financials following a year of outrage and investigations into the company’s data leaks and privacy practices. Despite top- and bottom-line numbers that flew […]

Read More
FAANG
Tech Industry
Tech Stocks
Technology

Goodbye FAANGs – This Is Now The Most Crowded Trade In The U.S.

For the first time in nearly a year, going long the top U.S. and Chinese tech stocks is not the most crowded trade identified by respondents in Bank of America’s (NYSE: BAC) monthly poll of 190 Wall Street money managers with a combined $575 billion in funds under management. The FAANG trade “is no longer […]

Read More