U.S. stocks tumbled more than 9% on Thursday, as the Dow, S&P 500 and Nasdaq all crashed in response to the global coronavirus pandemic…
Tag: AAPL
Algorithmic trading: Stock market volatility jumps on coronavirus concerns
Large banks, hedge funds, and institutional investors use algorithmic trading routinely, regardless of whether we’re in a bull or bear market…
Coronavirus sell-off threatens Apple’s trillion-dollar market cap
Apple’s trillion-dollar market cap could be at risk as the share price continues to be under pressure on concerns over the economic fallout …
Apple shares plunge near $250 as trading is temporarily halted
As the COVID-19 coronavirus outbreak continues to result in a rollercoaster stock market, Apple shares plunged to open at $255.94 this morning…
Individual investors are calmly buying stocks during the coronavirus panic
Individual investors are taking to heart Warren Buffett’s famous axiom and calmly buying stocks during the coronavirus panic …
Terry Gou: Foxconn factory restarts in China have ‘exceeded expectations’
Terry Gou, founder of Apple supplier Foxconn, said on Thursday that Foxconn factory restarts in China have “exceeded expectations.”
Stocks rally in the final hour of trading on fiscal stimulus prospects
Stocks rose in strongly in late trading as investors weighed the prospects of fiscal stimulus to curb slower economic growth due to the COVID-19 coronavirus…
Apple lost $100 billion in market value in trading today
Today in Wall Street panicking, er… trading, Apple plunged $100 billion in value while Microsoft plummeted by $83.6 billion as the broader market…
Coronavirus worries spark panic-driven sell-off on Wall Street
Today, amidst a veritable Wall Street panic, all three major U.S. stock averages opened sharply lower in a plunge so steep it triggered a trading halt…
Apple stock continues sell-off amid coronavirus concern
Apple shares’ recent sell-off extended on Friday as traders and analysts continue dealing with uncertainty over how the coronavirus outbreak will affect…
Apple stock just had an historic day on Wall Street
The U.S. stock market on Monday had an historic rally. Apple stock surged 9.3%, the stock’s largest single day move in more than 11 years…
Apple shares surge as investors buy the coronavirus dip
Shares of Apple surged back from a 4-month low to jump 6.3% and lift the S&P 500 more than any other company. The stock market bounced back on Monday…
Oppenheimer upgrades Apple stock, says buy on the coronavirus dip
Oppenheimer analysts are bullish on Apple, upgrading the stock and advising a buy on the coronavirus dip, setting a a $320 price target…
Panicked selling of AAPL lets Apple execute buybacks cheaply
Quite an impressive display of panic in the stock market this week has afforded Apple a golden opportunity to execute billions of dollars in buybacks …
Coronavirus pandemic fears fuel Wall St. correction
For the sixth straight session, Wall St.’s main indexes plummeted on Thursday, with the S&P 500 confirming its fastest correction in history…
Apple: All about the buybacks?
For the past seven years, Apple has relentlessly pursued a highly aggressive buyback policy. Over 313 billion dollars have been spent…
Coronavirus outbreak could boost Apple’s iPhone 12 sales
The coronavirus outbreak is expected to negatively impact Apple when the company reports Q220 earnings, but the virus could boost Apple’s iPhone 12 sales…
Morgan Stanley: Buy Apple stock on the coronavirus pullback
Morgan Stanley advises investors to buy Apple stock on the recent coronavirus pullback. “We view the near-term impact as more of a timing issue…
Apple stock, other techs fall as coronavirus spreads beyond China
In Monday trading, Apple and other tech stocks fell amid reports that the China coronavirus outbreak threatens to turn into a pandemic. Apple stock fell …
Analyst: Apple supply chain issues to last at least a month
Heavily reliant on China, Apple’s supply chain will likely at least a month to get back to full capacity due to disruptions caused by the coronavirus…
Analyst: Apple’s ‘revenue has merely been delayed’ due to coronavirus
After Apple announced last week that it wouldn’t be able to meet its previously-issued Q220 revenue forecast due to coronavirus-related supply…
Warren Buffett: Apple is ‘probably the best business I know in the world’
Berkshire Hathaway’s Warren Buffett said in an interview on CNBC that Apple is “probably the best business I know in the world.”
Stocks drop on coronavirus fears, tech leads sector declines
U.S. stocks dropped on Friday as a spike in new coronavirus cases in China and other countries fueled investors’ fears. Declines on Friday were led by…
U.S. stocks fall, led by tech decline on fears of coronavirus spread
U.S. stocks fell on Thursday, led down by big cap technology firms including Apple, after reports of new coronavirus cases in China and other countries…
Why buying Apple stock might be a great idea
One stock that might be an intriguing buy right now is Apple, Zacks Equity Research writes. This is because Apple is seeing…
S&P 500, Nasdaq hit new all-time highs
The S&P 500 and the Nasdaq hit all-time highs on Wednesday on confidence in the U.S. economy and hopes that China would take more measures…
Stocks rise on China stimulus hopes, signs of slowing virus spread
Stocks rose after China unveiled several fiscal and monetary stimulus measures in an attempt to limit the damage from coronavirus-fueled business shutdowns…
China coronavirus shows how much Apple still depends on iPhone
Apple’s earnings warning due to the China coronavirus affecting iPhone production is an unfortunate reminder that, for all of its work to change…
Samsung looks to profit from China virus woes afflicting Apple
Samsung Electronics stands to be a beneficiary of production problems in China due to the coronavirus outbreak. Apple on Monday warned…
Wedbush analysts remain bullish on Apple despite warning
Wedbush analysts Daniel Ives and Strecker Backe remain bullish on Apple’s “5G supercycle thesis” despite the revenue warning issued by the company…
Analysts see short-term hit from Apple coronavirus warning
Apple shares fell on Tuesday, after the company said the coronavirus outbreak would cause it to miss its guidance range this quarter. The warning was…
Apple CEO Cook coronavirus memo to staff sees ‘slower return to normal’
Apple CEO Tim Cook on Tuesday issued a memo to company staff that discusses the 2019-nCoV coronavirus. Apple will be doubling the company’s donation…
China sees fall in coronavirus deaths
China is seeing the first fall in coronavirus deaths as the country reported its fewest new infections of the 2019-nCoV coronavirus since January…
Apple warns on quarterly guidance due to coronavirus impact
Apple has issued a statement warning that the company will miss their quarterly guidance given on January 28th with last month’s earning report…
Apple shares hit new all-time closing high
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple reached…
Apple retakes ‘most valuable company’ title from Microsoft
Microsoft’s new reign as the most valuable U.S. company by market capitalization is looking like a short one as Apple shares climb today…
Jim Cramer: I’m going to make another 10-year bet on Apple, they’re that good
Jim Cramer spotlighted why he advises investors to own Apple stock for the long term, not trade it: “I’m going to make another 10-year bet.”
Apple shares hit new all-time closing high
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple reached…
U.S. stock index futures primed for a big rally at open
U.S. stock index futures surged 1% on Tuesday, signaling a recovery for Wall Street from a sharp coronavirus-led pullback last week, with fresh…
Analyst: Apple Retail Store closures in China pose ‘containable’ risk
Wedbush analyst Daniel Ives says, the Apple Retail Store closures in China likely won’t cause the loss of significant sales…
U.S. stock futures look to rebound as China seeks to curb virus impact
As China took steps to relieve pressure on its economy from the impact of the 2019-nCoV coronavirus, U.S. stock index futures climbed on Monday…
Apple’s budget-friendly ‘iPhone SE 2’ reportedly now in trial production
According to supply-chain sources, Apple is already in trial production of a new budget-friendly “iPhone SE 2.” Mass production set to begin shortly…