Major financial institutions are maintaining strong bullish sentiment on leading technology stocks despite broader market uncertainties. Bank of America, Morgan Stanley, and other top firms have issued fresh upgrades and positive ratings for Nvidia, Apple, Tesla, and Netflix. The analyst community continues to pound the table on these tech giants amid ongoing trade tensions and government shutdown concerns.
about Analysts Bullish on Tech: NVDA, AAPL, TSLA, NFLX Upgrades
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Nasdaq 100 Futures Rise Following Apple Earnings Ahead of Inflation Data
Stock futures rose slightly as investors reacted to Apple’s earnings report, which exceeded expectations despite disappointing iPhone sales. The Nasdaq 100 futures gained 0.2%, while the S&P 500 and Dow also saw modest increases. Attention now shifts to upcoming inflation data and continued earnings reports, with a significant portion of S&P 500 companies having surpassed analyst forecasts this quarter.
about Nasdaq 100 Futures Rise Following Apple Earnings Ahead of Inflation DataTech losses weigh on S&P 500 and Nasdaq ahead of Fed decision
The S&P 500 and Nasdaq remained flat as losses in tech giants Apple and Nvidia overshadowed gains, with investors awaiting the Federal Reserve’s interest-rate decision. Nvidia fell 3.3% after a previous gain, while Apple dropped 1.1% following a downgrade. Despite this, semiconductor stocks rose after ASML reported strong bookings, and T-Mobile surged 7.4% on positive subscriber growth forecasts.
about Tech losses weigh on S&P 500 and Nasdaq ahead of Fed decision