On Friday, Apple said it has always complied with Irish tax laws and that the issue which led to an EU tax order of 13 billion euros…
Tag: finance
Apple stock drops after UBS downgrade
UBS analyst David Vogt assumed coverage of Apple and downgraded Apple shares by lowering UBS’s rating to “neutral” from “buy.”
Apple shares outperform market on strong trading day
Shares of Apple rose 3.03% to $110.08 in Monday trading, on what proved to be an all-around poor trading session for the stock market…
Apple court triumph forces tough choice for Vestager’s EU tax crusade
Apple’s July court triumph over a massive European Union tax grab is forcing antitrust chief Margrethe Vestager to make a tough choice…
Apple has dropped 22% from its peak, losing half a trillion dollars in market value
Apple has lost 22.5% from its intraday record high of $137.98 from September 2nd, making for a loss of some $536 billion in market value …
Apple, stocks fall despite better-than-expected U.S. weekly jobless claims
Stock futures continued lower early Thursday as profiut-taking continued, despite a better-than-forecast weekly jobless claims report…
Piper Sandler ups Apple target price to $130
Investment bank Piper Sandler has upped its Apple target price to $130 on the strength of new Apple products and services that address…
Global stocks rise as China sees retail sales, industrial output growth
Global stocks rose on Tuesday, with the retail sector in the spotlight after China reported its first retail sales and, industrial output …
Apple stock rallies as it holds above 50-day moving average
Shares of Apple rose 2.99% in Monday trading, with the stock continuing to hold above the widely watched 50-day moving average (DMA)…
Nasdaq posts worst weekly loss since March as tech stocks extend declines
Stocks ended mixed on Friday as the three major indices struggled to find their footing after a week of volatility. The Nasdaq posted its…
Investors should brace themselves for the U.S. election
The stock market took a turn for the turbulent in the last week or so, perhaps from the effect of the unwinding of bullish options bets…
Apple’s dividend could double
Over the past six months, many companies have reduced or suspended dividends in order to conserve cash throughout the COVID-19 pandemic…
Top global fund manager continues to see value in high-flying Apple
Sydney-based Loftus Peak Ltd, home of the Loftus Peak Global Disruption Fund that’s outperformed most peers, is sticking with bets…
Dow drops nearly 425 points on Apple, Microsoft declines
Behind declines for shares of Apple Inc. and Microsoft, the Dow Jones Industrial Average is seeing a selloff Thursday afternoon…
As tech rally continues, Apple extends rebound
Dow Jones component Apple is higher in premarket trade, up 2.25%, after Dow Jones futures fell more than 125 points before erasing…
Wall Street bounces as Apple, other tech stocks rebound
Wall Street’s main indexes rallied on Wednesday to staunch the bleeding after a three-day drop as investors jumped back in to take advantage…
Apple, Microsoft share gains power Dow’s 237-point climb
The Dow Jones Industrial Average is trading up Wednesday morning with Apple and Microsoft share gains leading the way for the index…
Nasdaq slides as tech rout deepens; Apple down, Tesla hits three-week low
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months…
‘Nasdaq whale’ SoftBank may have helped trigger the stock-market’s brutal rout
The trigger for a seismic stock-market slump Thursday and Friday, may have been embattled investment firm SoftBank …
Gene Munster: Apple can hit $200 per share
Loup Ventures’ Gene Munster and Andrew Murphy discuss the new digital transformation and why it could expand Apple’s multiple to 35x…
Apple lost $180 billion in market value today – the biggest loss for any company ever
Apple shares shed a tidy 8% on Thursday, a poor day for tech shares all around, which equates to a loss of $180 billion in market value …
Tech leads Wall Street sell-off, some investors eye long recovery
Investors dumped the high-flying technology sector, while concerns about a long and difficult recovery in some quarters were highlighted…
Expect some wild swings in Apple as Nasdaq’s volatility index spikes
Tesla and Apple have both led the Nasdaq 100 to touch all-time highs, but a volatility indicator is suggesting that investors could face…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Analyst: Apple’s record-breaking rally is about ‘MOMO’ not ‘FOMO’
Apple shares hit a new all-time intraday high on Tuesday, continuing the rally leading into and following the stock’s 4-for-1 split…
Powered by Apple, the S&P 500 posts biggest August gain since 1986
Not since the Reagan administration has the S&P 500 done this: For the month of August, the S&P showed a gain of 7.01%, its biggest advance…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Fed Chairman Powell announces major policy shift in approach to inflation
The U.S. Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run higher than…
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. Apple’s all-time intraday high…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Analyst: Apple shares could surge another 27%
Even after becoming the first U.S. company to reach a $2 trillion market value, Wedbush analyst Daniel Ives believes that Apple shares can…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Warren Buffett’s Apple stake: $113 billion and counting
Billionaire investor Warren Buffett’s Berkshire Hathaway owned $113 billion in Apple stock and $147 billion in cash at the last count…
Despite COVID-19 pandemic, U.S. stock market just hit a new high
The U.S. economy remains battered by the coronavirus outbreak and Congress is deadlocked on another stimulus bill – yet the U.S. stock market…
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 also reached a new…
With Apple’s 4-for-1 split, what happens to the quarterly dividend?
Apple’s Board of Directors has approved a four-for-one stock split to make the stock more accessible to a broader base of investors…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. During trading today, Apple also reached a new…
Why Apple stock is still undervalued
The newest reason that even at a nearly $2 trillion market cap, the tech giant’s stock may still be undervalued? Apple is working on…
Analyst: History says to buy Apple stock before new iPhones launch
For quite some time now, Apple investors and iPhone users (current and future) have been anticipating the arrival of the first 5G iPhones…
Zacks: Buy soaring Apple stock right now and hold forever
Apple has been a must-own stock for many years now, and the world’s most valuable company appears to be establishing itself as a strong buy…