Apple Inc. (NASDAQ: AAPL) is one of the largest companies in the world thanks to its uber-popular consumer electronics like the iPhone, Macbook, and iPad. Over the years, Apple has moved into the services space with offerings such as iCloud, Apple Music, Apple News and Apple TV+ increasingly gaining traction.
According to CNBC, the ‘Magnificent 7’ as they are now known (replacing previous nicknames such as FAANG and FANGMA) have returned 92% on average through October 5, 2023. With the third quarter earnings season unfolding, investor expectations are high and the results will need to be strong to sustain such a rally.
In this 2 Sense episode of The Australian Investors Podcast, Rask’s Chief Investment Officer Owen Rask and Wattle Partners Managing Director Drew Meredith, CFP answer your questions and get to the bottom this week’s Reserve Bank of Australia interest rate rise.
All Ordinaries (INDEXASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) both gaining 1.1% with the energy sector the only detractor.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.90% to 6899.70.
The iShares S&P 500 ETF (ASX:IVV) could be the best way to passively invest in the stock market, in my eyes.
I outline 5 of my favourite ETFs in Australia. But be aware: these ETFs won’t be right for everyone, so keep reading (and definitely read the PDS & TMD of each fund). Watch it live – Wednesday at 12 noon.
The RPMGlobal Holdings Ltd (ASX: RUL) share price fell 7%. On The Australian Investors Podcast, Chief Investment Officer Owen Rask and financial adviser Drew Meredith, CFP are BACK answering your questions.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
