Meta and Alphabet Stocks Are Soaring, Leaving Apple in Their Dust

The tech-heavy Nasdaq Composite was leading the market’s gains on Wednesday, with a 0.5% rise in late morning. All seven of this year’s stars—Apple , Amazon.com , Alphabet , Meta Platforms , Microsoft , Nvidia , and Tesla —were up.

Alphabet, which has climbed more than 7% this month and more than 59% year to date, is on track for its highest close since April 5, 2022, or a year and a half ago. It is the fifth best performer in the Nasdaq 100 on Wednesday, and is up more than 68% since the 52-week low reached on Nov. 3, during last year’s tech-led bear market selloff.

Other tech names are doing similarly well, if not on such a grand scale. Palo Alto Networks has climbed every day for the past seven days, its longest winning streak since June, to reach a record high. The stock is up almost 86% this year.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan and South Korea defense stocks jump after Hamas attack, aviation stocks slideJapan and South Korea returned to trade today after a public holiday on Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Alphabet Inc. Cl A stock rises Monday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

Meta Platforms Inc. stock outperforms market on strong trading daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »