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July 15 - The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike.Amazon, Apple, Tesla and $Facebook$all fell. Nvidia tumbled around 4%.The S&P 500 technology sector index ended a four-day winning streak. Earlier this week, investors' favor for heavyweight growth stocks pushed the S&P 500 and the Nasdaq to record highs.The S&P 500 energy sector index fell more than

Amazon once rose 2.4%, setting a record high in intraday trading.Here’s what analysts are saying abo

Stock in the Chinese electric-vehicle maker NIO has gone from down in the dumps to king of the hill, with seven straight days of gains. Technical factors, rather than developments that would affect earnings, appear to be behind the shift.NIO stock was a can’t miss bet for months. Shares gained more than 1,100% in 2020, closing at around $49. They raced to almost $67 early this year, but stalled out and fell to less than $32 last month. New competition in China’s EV market, confusion over delive

Since completing a triple-bottom formation around $35 on April 15, NIO Inc. shares have been recovering. The stock received some support from positive headlines this week out of the Shanghai auto show.Completion of a triple bottom pattern, technically, is bullish for a security, signaling that a possible reversal is in the offing.The stock rebounding off the same level for the third time suggests it has a strong support and bears are giving up.After hitting a high of $66.99 Jan 11 on the moment

Be skeptical of fads, fashions and trends and operate within your circle of competence MarketWatch p

Analysts expect non-GAAP profit to surge this year.Short-term situation could see a number of pressures.Stock at a key technical point right now.One of the largest criticisms of electric vehicle maker Tesla has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to ke

While you weren’t looking, Apple shares have rallied about 12% over the past two weeks, as investors turn their attention to the company’s upcoming March-quarter financial results. There are reasons to think more gains could follow.Evercore ISI analyst Amit Daryanani this morning repeated his Outperform rating and $175 target price on Apple shares , while adding the stock to the firm’s Tactical Outperform list.“While the supply chain issues are real, we expect Apple will be relatively protected

The S&P 500 slipped from record levels in volatile trading on Wednesday amid a sell-off in technolog