Since the Nasdaq peaked on July 20, the tech-heavy index has fallen 7.8%. But many tech stock have been much worse. Yahoo (YHOO) — thanks Alibaba (BABA)! — along with Biogen (BIIB) and Apple (AAPL) supplier Qorvo (QRVO) are among the S&P 500’s 5 biggest tech and biotech losers. Apple itself is not one of the biggest S&P 500 tech losers, falling “only” 13.5% since July 20. But Apple, as the biggest cap of all, certainly helped drive Nasdaq and
Take a sales junket, sprinkle in some fairy dust from a rock concert, then add a few images of, say, the late Steve Jobs making one of his patented Apple (AAPL) turtlenecked stage appearances from days of old — and that’s sort of what Salesforce.com’s (CRM) Dreamforce conference looks like. “It’s like a music festival for geeks,” according to one online promo for this week’s gathering in San Francisco. Running from Tuesday through Friday, the
In one corner — Apple (AAPL) Pay, the high-tech payment method launched last year. In the other corner — Android Pay, a competing high-tech payment method just now being officially rolled out by rival Google (GOOGL). Android Pay is integrated into smartphones running Google’s mobile operating system just as Apple Pay is built into iPhones, so popularity will depend in part on which companies’ phones sell the most long-term. It’s too early to tell