IXN News and Press, iShares Global Tech From 07/27/22

MSFT stock rose 4.0% in aftermarket trading after Q4 FY22 results and new FY23 outlook points to double-digit EBIT growth continuing. Q4 FY22 saw revenues grew 16% and EBIT grew 14% in local currencies, but currency and tax meant EPS grew 3% in USD. Underlying trends remained stro...

Management teams will likely need to learn to do more with less. A rising tide of valuations, coupled with excessive use of stock compensation, has helped to keep a lid on labor expenses. This environment will likely bring prolonged pain to the more speculative corners of the mark...

As companies adjust to inflation, rising interest rates, and a likely economic slowdown, investors are struggling to compute future earnings and the impact on stock valuations. Broadening the sources of stability can help diversify risk and return potential. Geopolitical risk and ...

We expect Apple to outperform during periods characterized by low consumer confidence, due to its loyal customer base, its strong brand recognition, and its diversified product portfolio. With the easing of COVID-19 restrictions in China, we believe that the demand for Apple's product...

Why the economy, practically speaking, may already be in recession. Why defensive sectors may be worth a closer look in the current environment. Market sentiment might be bearish, but that doesn't mean there aren't opportunities. Aggressive moves by central banks...

Apple initially created support at $150. With that support breaking, it created support at $132. We will examine the latest break below $132 in this article. For further details see: The Bites Keep Coming For Apple

Why the long-term outlook for tech may still be optimistic? How a recession might impact the tech sector? What a post-pandemic market looks like for tech companies? For further details see: Tech Stocks Have Tumbled In 2022, But Is The Worst Almost Over?

Apple has formed a three wave structure, potentially down to $117. So far, the stock has bottomed at $132 with an attempt to break back above support. We will examine Apple's wave pattern and its next move. For further details see: The Jaws Are Primed For A Big Bite Of T...

Apple makes fantastic products, but that doesn't mean the stock is a good buy here. In fact, Apple has been dead money since I wrote about the stock last November. Apple's stock trades at about 24 times earnings, but the company's revenues will likely grow by low single digits in ...

IXN invests in tech stocks around the world, albeit with a significant allocation to U.S. stocks. The fund is, on the balance of probabilities, probably undervalued after the global equity market rout this year. The fund's underlying portfolio generates a high return on equity, an...