Billionaire Philippe Laffont, the Founder & Portfolio Manager at Coatue Management, L.L.C., has a strong inclination towards technology, as evidenced by the fact that most of his fund’s top 10 holdings are tech stocks.
Leadership remains solidly behind Growth and Technology shares with traditional cyclical and low vol. stocks struggling to outperform
ETFsector.com Daily Trading Outlook, June 28, 2024 Read More »
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– U.S. stocks showed a mix in performance on Thursday afternoon, June 6, 2024, in anticipation of the important employment report due on Friday.
– J.M. Smucker’s stock saw an increase following recent news.
Top stock movers currently include Robinhood, Salesforce, J.M. Smucker, and others. Read More »
XLK outperformance has persisted as inflation was not a negative event in May. We look for the outperformance trend to continue at the sector level given the absence of material headwinds and investor recognition of long-term leadership. Our new Elev8 Sector Model debuts with XLK as an OVERWEIGHT allocation of 2.92% for June
Salesforce was the best performing component of the Dow Jones Industrial Average on Friday, with shares trading up 1.8%. However, the company has lost approximately 15.6% year to date.
In the morning trading session on Friday, Salesforce had the highest performance among the Dow Jones Industrial Average components, rising 1.8%. Since the beginning of the year, Salesforce has experienced a decrease of approximately 15.6%.
Keep an eye on these two important price levels as Salesforce shares dropped over 16% after the company’s quarterly report.
Image provided by The Motley Fool.
Salesforce held its Q1 2025 Earnings Call on May 29, 2024 at 5:00 p.m. ET. The Operator provided further details.
Salesforce’s earnings call for the first quarter of 2025 transcript. Read More »
Major U.S. stock indexes have seen a strong quarter thanks to significant gains in technology stocks, which have driven the bull market. Though there has been a slight decline in the past few weeks, Wall Street…
Five popular technology ETFs to watch for in 2024. Read More »
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