Stock Market Today, April 7: Apple Slides Against Muted Market Backdrop
The S&P 500 (SNPINDEX:^GSPC) edged up 0.08% to 6,616.85, the Nasdaq Composite (NASDAQINDEX:^IXIC) added 0.10% to 22,017.86, while the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.18% to 46,584.46 as oil‑driven geopolitical anxiety capped risk appetite.
Tech heavyweights lagged,
» Read more about: Stock Market Today, April 7: Apple Slides Against Muted Market Backdrop »
Read MoreWall Street Sees 22% Upside for Tesla (TSLA) This Year
2024 Getty Images / Getty Images News via Getty Images
Quick Read
-
Tesla (TSLA) trades at $340.27 versus a $416.15 consensus price target, implying 22% upside, but faces a 38% drop in fiscal 2025 operating income to $4.355 billion and a 9% decline in full-year deliveries driven by higher R&D spending and margin pressure.
» Read more about: Wall Street Sees 22% Upside for Tesla (TSLA) This Year »
Read MoreThe AI Supercycle Isn't Over — It Just Moved. 5 Growth Stocks Riding the Next Wave.
Key Points
-
Broadcom and Arista Networks are two top data center networking plays.
-
Alphabet’s TPUs give it a big advantage with inference.
-
AMD and Arm Holdings look poised to be big beneficiaries of agentic AI and the need for more CPUs.
Qualcomm (QCOM) Stock Slides as Market Rises: Facts to Know Before You Trade
Qualcomm (QCOM) closed at $123.95 in the latest trading session, marking a -1.42% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.1%.
The chipmaker’s shares have seen a decrease of 8.96% over the last month,
» Read more about: Qualcomm (QCOM) Stock Slides as Market Rises: Facts to Know Before You Trade »
Read MoreIntel Stock Is Up 225% in a Year but Wall Street Still Isn’t Buying It
© Canva | AndreyPopov from Getty Images and 400tmax from Getty Images Signature
Intel (NASDAQ: INTC) stock has risen 225.2% over the past year, climbing from less than $18 to a 52-week high of $59.17. If you watched that move from the sidelines,
» Read more about: Intel Stock Is Up 225% in a Year but Wall Street Still Isn’t Buying It »
Read MoreThe Burst
Wall Street Might Be Sleeping on Nvidia, But Not for Long
Nvidia’s stock has taken a notable dip in 2025, falling roughly 14% year-to-date. That slide has little to do with the company’s financials and everything to do with factors outside its control.
Fresh U.S. export restrictions on advanced chips, escalating trade war tensions, and worries that the boom in AI spending might cool off have all weighed on investor sentiment.
» Read more about: Wall Street Might Be Sleeping on Nvidia, But Not for Long »
Read MoreThe Ivy
Is It Finally Time to Buy Walgreens?
Walk into just about any town in America, and chances are you’ll spot a Walgreens. The pharmacy chain is one of the most ubiquitous retail brands in the country, with over 8,000 locations across the U.S. alone.
But while its storefronts are everywhere, the same can’t be said for investor confidence in its stock.
» Read more about: Is It Finally Time to Buy Walgreens? »
Read MoreThe Spotlight
How High Can eBay Go?
The e-commerce sector is enjoying an unprecedented rise. Customers appreciate the convenience that online retail provides, lending popularity to the sector. This is why global e-commerce revenue is projected to show an annual growth rate of 9.5% to a projected market volume of $6.48 trillion by 2029.
While the sector expands,