Big brand tech stock prices have been making a solid comeback in Q1 and traders are jumping on what they think is a digital money train heading for the hills.
Apple's revenue dropped to a 7-year low last year, but AAPL gained 6.2% last week creating a new high for the year, despite production issues in China affecting all iPhone 14s. The gain is attributed to weakening inflation, but some believe the reactionary jump was a little too much too soon, and economy conspiracists smell something fishy in the markets.
A new MacBook was announced in January, and gamers are getting excited about the M2 chip, but with high prices and economic uncertainty, sales are down for now.
If the Fed’s claim is right, spending might increase, and new product releases will boost sales, but only if the Fed forecast rings true.
Apple's revenue dropped to a 7-year low last year, but AAPL gained 6.2% last week creating a new high for the year, despite production issues in China affecting all iPhone 14s. The gain is attributed to weakening inflation, but some believe the reactionary jump was a little too much too soon, and economy conspiracists smell something fishy in the markets.
A new MacBook was announced in January, and gamers are getting excited about the M2 chip, but with high prices and economic uncertainty, sales are down for now.
If the Fed’s claim is right, spending might increase, and new product releases will boost sales, but only if the Fed forecast rings true.