FTEC

Apple Vision Pro Launches New Lake-Setting Environment For Digital Crown VR

Apple Vision Pro has launched a new virtual environment for its Digital Crown virtual reality feature. The new environment shows a picturesque lake in Norway called Lake Vrangla. Digital Crown provides a virtual alternative to the user's actual surroundings. The virtual environment follows Apple's announcement of a Bora Bora environment later this year.

Nasdaq has dropped 7% in two weeks as the tech selloff picks up steam

The Nasdaq Composite has dropped 7.1% in two weeks as the tech selloff picks up steam. The tech-focused index is now trading below its 50-day moving average for the first time since early May. Wednesday's 3.6% drop in the Nasdaq is the worst single day performance for the index since July 11.

Apple App Store Practices Under Scrutiny In Spain For Anti-Competitive Behavior

The National Commission for Markets and Competition is investigating Apple for possible violations of Spanish and EU competition laws. Apple is under investigation for potentially imposing unfair trading conditions on developers using its App Store. The investigation was initiated due to the growing significance of app store activities in Spain. Apple shares are trading lower Wednesday.

Weekly Report: what happened at FTEC last week (0715-0719)?

U.S. Equities: Broadening And Grinding Higher

Home Market Outlook Today's Market U.S. Equities: Broadening And Grinding Higher. The economic strength that has delayed Fed cuts should support a positive backdrop for corporate earnings. The narrowness of the equity rally to date remains a concern for investors. Investors can look to companies, sectors, and markets with less stretched valuations to fuel the equity market rally.

Nasdaq set for its worst week in 3-months, see how some names have performed

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024. The growth oriented Nasdaq Composite (COMP:IND) is down 2.35% in the early part of Wednesday's trading session. The index has pulled down the more growth-oriented sectors of the S&P 500 such as Info Tech and Consumer Discretionary.

The Curse Of The Mega Caps