Apple stock surged as much as 8.1% in Nasdaq trading after delivering all-time record quarterly results and good enough…
Tag: AAPL
Credit Suisse: Apple is a safe port in the storm; stock surges after record earnings report
Shares of Apple were up more than 5 percent in Friday morning trading, the day after Apple reported all-time record fourth quarter earnings…
Apple beats Street with all time record Q4 revenue
Apple today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a September…
Apple flexes its muscles with a slew of new products for the holidays – analyst
Apple unveiled a slew of new products ahead of next week’s earnings report (October 27th) and the upcoming holiday shopping season…
Morgan Stanley: Apple stock is top pick
Morgan Stanley analyst Erik Woodring in a research note on Monday stays bullish on Apple, naming it his top pick…
Apple supplier TSMC’s shares leap after profit beats estimates
TSMC shares jumped more than 4% on Friday morning, outperforming the broader market, after the Taiwanese chipmaker announced…
Why Apple stock is a great buy today
Apple is down less than the S&P 500 year to date, and some investors may be overlooking it as a great buying opportunity today…
U.S. inflation surges more than expected; core prices jump 6.6%, the fastest since 1982
Inflation ran hotter than expected in September as high prices continued to squeeze U.S. households. Consumer priceswere up 8.2% from…
Rampant U.S. wholesale inflation rises more than expected in September, with prices jumping 8.5%
Squeezing businesses and inflicting real pain on millions of American households, U.S. inflation at the wholesale level rose…
All eyes on Apple as earnings season looms
Investors expect this earnings season to be a rough one for stocks and will closely watch Apple in particular as a bellwether of economic…
Stocks to watch in October: Apple rebounds
According to Investor’s Business Daily, the best Dow Jones stocks to watch in October are Apple, Chevron, Merck, Microsoft, and UnitedHealth…
Apple assembler Foxconn sets revenue record on ‘storming demand’ for iPhone 14 Pro and Pro Max
Major Apple iPhone assembler Foxconn said September revenue totaled 822.3 billion new Taiwan dollars ($25.9 billion), up 40.4% year-on-year…
BofA analyst sees consumers, even Apple customers, pulling back on tech spending
Bank of America Global Research analyst Wamsi Mohan sees consumers, even Apple’s high-end consumers, pulling back on tech spending …
All three major U.S. stock indexes post third straight quarterly loses on rampant U.S. inflation, recession fears
The S&P 500 wrapped up its steepest September decline in two decades on Friday, ending a quarter besieged with historically hot inflation …
Jim Cramer: Investors have to buy Apple stock, not sell it
On CNBC on Friday, “Mad Money” host, Jim Cramer, says that investors have to buy Apple stock, not sell it during dips…
Fed’s preferred gauge shows rampant U.S. inflation hotter than expected in August
According to new data released on Friday, the U.S. Federal Reserve’s preferred inflation gauge accelerated again in August…
Apple shares swoon on Bank of America downgrade
Shares of Apple were down more than 5% on Thursday after Bank of America analysts delivered the stock a rare downgrade…
Tech stocks face another 10% drop or more as rampant U.S. inflation eats into profits
The great stock selloff of 2022 is far from over as investors in tech stocks brace for earnings misses due to U.S. inflation at forty-year…
Apple stock slumped on Friday, but it shouldn’t have
Shares of Apple tumbled in Friday trading, falling as much as 2.2% in the morning session. As of 03:36 p.m. EDT, the stock was still…
Zacks analysts cut Apple Q422 earnings estimate
This week, Apple investment analysts at Zacks Research reduced their Q4 2022 earnings estimates for shares of Apple from…
U.S. stock futures slide more than 1% on rampant inflation, recession worries
Investors fretted over the prospect of an economic downturn and a hit to corporate earnings amidst 40-year-high inflation …
Tech stocks drag stock market lower on growth concerns
The U.S. stock market’s main indexes fell on Thursday, extending declines for a third straight session, as investors worried that the…
Fed raises interest rates, pledges more hikes amid rampant inflation; warns of recession
The Fed raised interest rates and indicated it will keep hiking well above the current level as it attempts to tamp down rampant inflation …
Where will Apple stock be 5 years from now?
There are plenty of reasons to believe that Apple stock can perform well over the next five years. Just ask Warren Buffett…
Top Wall Street analysts recommend buying Apple, Nvidia stock
Apple stock tops a list of five stocks chosen by top Wall Street pros, according to TipRanks, a platform that ranks analysts based on…
Goldman Sachs: Rampant U.S. inflation could cause further 27% drop in the S&P 500
It’s not just that the U.S. Fed is going to be aggressive after the latest shocking U.S. inflation figure, still running at 40-year highs…
Apple supplants Tesla as Wall Street’s biggest short bet
Tesla spent 864 days as Wall Street’s biggest short bet. Now it’s Apple. A total of more than $18 billion is bet against the…
Dow plummets 1,200 points on rampant U.S. inflation
U.S. stocks fell sharply on Tuesday, with the Dow plummeting 1,200 points, after a key August inflation report came in hotter than…
Dow futures drop 400 points on hotter-than-expected U.S. inflation
A hotter-than-expected CPI report resulted in a quick reversal in stock futures Tuesday morning. Dow futures, which were…
Apple stock rallies most since May on strong iPhone 14 pre-orders
Apple stock rallied the most since May as pre-order data showed the flagship iPhone 14 Pro Max was the best selling model, surpassing…
Apple stock, down 13% this year, heads for first annual decline since 2018
Apple shareholders who are hoping that the introduction of a new line of iPhones and Apple Watches on Wednesday will help AAPL shares…
Wall Street in the red amid rampant inflation, persistent rate hike concerns
Wall Street’s indexes slipped on Tuesday as expectations that the Federal Reserve will keep raising interest rates due to rampant inflation …
Stocks set to extend losses on U.S. inflation, interest rate worries
U.S. stock indexes were set to open lower on Monday on worries over the Fed’s interest rates hikes to combat rampant U.S. inflation in…
Apple stock gets fresh buy point ahead of ‘Far out’ September 7th event
Apple is the Investor’s Business Daily “Stock Of The Day” as the company prepares to unveil its new iPhone 14 and Apple Watch Series 8…
Apple increasing iPhone 14 production due to continued market share gains
Investment firm Susquehanna writes in a note to clients that Apple is continuing to increase its build plans for the iPhone 14 series…
BofA: Apple has the potential to trade in the $230s
BofA sees potential for Apple to trade to the $230s, representing potential upside of more than 30%, even after significantly outperforming…
Credit Suisse upgrades Apple stock
Credit Suisse analyst Shannon Cross on Wednesday raised the firm’s rating on Apple to “Outperform” (buy), offering four reasons for…
Warren Buffett’s Berkshire Hathaway adds 3.9 million shares to huge Apple stake
Warren Buffett’s Berkshire Hathaway added nearly 4 million more Apple shares in the second quarter of 2022, according to the firm’s…
U.S. stock futures fall on weak China economic data
U.S. stock index futures declined on Monday after weak economic data from China renewed fears of an economic slowdown in the world’s…
3 reasons to buy Apple stock now
Apple now has an humungous installed base of over 1.8 billion active devices around the globe. Plus, users are increasingly spending more…
Apple moves closer to erasing 2022 losses on better-than-feared inflation data
Apple is closing in on erasing its losses for the year as better-than-feared inflation data fueled a rally in the stock market Wednesday…
Warren Buffett’s Berkshire Hathaway bought 4 million shares of Apple in Q2, bringing its stake to 915 million shares
Warren Buffett’s Berkshire added to its stake in Apple in the second quarter. Berkshire bought about four million shares of Apple…