Wall Street shakes off Amazon, Apple weakness to end modestly higher
* $Apple$, Amazon fall on dismal holiday-quarter forecast. * $Microsoft$ tops Apple as the most valuable U.S. public company. The S&P 500 had fallen as much as 0.65% earlier in the day. The benchmark index advanced 1.3% for the week, its fourth straight weekly climb, marking its longest weekly streak of gains since April. For the month, the S&P rose 6.9%, its biggest monthly rise since November 2020.The Dow rose 0.4% for the week while the Nasdaq gained 2.7%, also marking four straight weekly ga
Apple unveils new MacBooks and its next-generation AirPods
- Apple showed off its second batch of new products ahead of the all-important holiday shopping season.At a virtual event on Monday,the company showed off two high-end MacBook Pro laptops powered by its next-generation silicon chip. It also unveiled AirPods 3, its entry-level wireless earbuds that borrow a few features from its higher-end AirPods Pro line.Apple's event came amid ongoing concerns about global component shortages and logistics issues across the tech industry. Still, Google will u
Economies are reaccelerating as the number of Delta cases and death have peaked.We could have a great year in 2022 if our government could get its act together.We have concentrated on the producers that will benefit from a robust global economy and tech companies benefitting from the digitalization boom.Even though we are rapidly putting the delta variant in the rear-view mirror, financial markets are struggling due to a lack of leadership in D.C. We have shortages and supply line issues that ha