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AAPL / Nasdaq 100 index to rebalance due to Big Tech stock dominance

Nasdaq 100 index to rebalance due to Big Tech stock dominance
The Nasdaq 100 index is set to adjust the weighting of its 100 components before the market open on Monday, July 24, to “address overconcentration in the index by redistributing the weights”  in a Special Rebalance, the exchange stated late Wednesday. The ‘magnificent seven' stocks, including Microsoft (MSFT), Apple Inc (NASDAQ:AAPL) (AAPL),  Nvidia (NVDA), Tesla (TSLA),  Google parent Alphabet (GOOGL), Meta Platforms (META) and Amazon.com (AMZN), currently account for 55% of the index's weighting. Read More
Posted: Jul 13 2023, 13:21
Author Name: Proactive Investors
Views: 080872

AAPL News  

I wanna own Apple, not trade it, says Jim Cramer

By CNBC Television
November 3, 2023

I wanna own Apple, not trade it, says Jim Cramer

'Mad Money' host Jim Cramer gets to the core of Apple after a mixed earnings report. more_horizontal

Jim Cramer gets to the core of Apple after earnings

By CNBC Television
November 3, 2023

Jim Cramer gets to the core of Apple after earnings

'Mad Money' host Jim Cramer gets to the core of Apple after a mixed earnings report. more_horizontal

The Score: Six Flags, Apple, WeWork and More Stocks That Defined the Week

By WSJ
November 3, 2023

The Score: Six Flags, Apple, WeWork and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news. more_horizontal

Q3 Results Reflect Positivity, But Outlook Uncertain

By Zacks Investment Research
November 3, 2023

Q3 Results Reflect Positivity, But Outlook Uncertain

Estimates for 2023 Q4 and following quarters have started to come down, which follows a relatively stable revisions trend over the preceding six month more_horizontal

Apple Shares Fall Amid Concerns About China Sales But Analysts Say They're Overblown

By Investopedia
November 3, 2023

Apple Shares Fall Amid Concerns About China Sales But Analysts Say They're Overblown

Apple (AAPL) shares fell 0.5% Friday after the tech giant reported declining revenue for the fourth straight quarter, in part due to lower sales in Ch more_horizontal

The market showed it can rally without Apple, says Requisite's Bryn Talkington

By CNBC Television
November 3, 2023

The market showed it can rally without Apple, says Requisite's Bryn Talkington

Bryn Talkington, Requisite Capital Management managing partner, joins 'Closing Bell' to discuss Apple as the tech giant posted its fourth consecutive more_horizontal

Apple earnings: Services, Mac, and India are a bright spots as China market weighs on earnings

By Yahoo Finance
November 3, 2023

Apple earnings: Services, Mac, and India are a bright spots as China market weighs on earnings

Apple (AAPL) stock dipped Friday morning despite reporting a fiscal fourth-quarter earnings beat, communicating caution on its growth outlook in China more_horizontal

Apple Needs a New Growth Strategy. The Stock Is Counting On It.

By Barrons
November 3, 2023

Apple Needs a New Growth Strategy. The Stock Is Counting On It.

Apple's latest forecast was disappointing, but there's a bigger concern for investors. The company still hasn't spent any time talking about generativ more_horizontal


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