Deutsche Bank analyst Jeriel Ong today raised the firm’s price target on Apple to $350 from $320, a price that’s already currently underwater with AAPL…
Tag: finance
Apple hits $1.5 trillion in market value
Apple today became the first U.S. company to hit a market cap of $1.5 trillion after rising over $8 per share (2.3%) to hit a market cap of…
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 all-time intraday high…
Jim Cramer on Apple stock: I told you so
Why does Apple stock continue to rally to new all-time highs in the midst of a global pandemic? Jim Cramer explains. Apple, with a stock that’s up 12.38%…
Nasdaq hits record high as COVID-19 shutdown-induced U.S. recession becomes official
An economic recession is a business cycle contraction when there is a general decline in economic activity. In the U.S., it is defined as a significant…
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 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 all-time intraday high…
Wedbush sees bull case for Apple stock hitting $425 on 5G iPhone
Wedbush analysts today has raised the firm’s target price on Apple shares, focusing on Services as AAPL’s propellent, upping their AAPL target to $375…
Apple shares hit new all-time intraday high
In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $6.15, or 1.919%, to $328.47, a new all-time intraday high. Apple’s previous…
U.S. stock market is firing on all cylinders; stronger than even the most bullish investors believe
The U.S. stock market is firing on all cylinders, and that’s bullish for its near-term prospects. The five largest U.S. stocks by market capitalization…
Little-known data show signs of a tech rebound from COVID-19 shutdown
Buried in a set of little-known data are early signs that the hardware side of the tech sector may be showing a rebound from the pandemic-driven plunge…
Stock market swoons in late trading on US-China tensions
Stocks closed lower on Thursday, erasing solid gains from earlier in the day, on U.S.-China tensions. The sell-off began when President Donald Trump…
How to potentially profit from President Trump’s battle with Twitter and Facebook
The escalation in the battle between President Trump and social media companies such as Twitter and Facebook could dent the investment theses on each…
Stock futures rise sharply on COVID-19 vaccine hope, Fed chief comments
Major U.S. stock indexes rose sharply Monday as news from a Moderna trial stoked optimism about a potential COVID-19 vaccine …
Wedbush ups Apple price target to $350
On Tuesday, Wedbush Securities analyst Daniel Ives upped his Apple price target from $335 to $350. Ives believes the rollout of the iPhone 12 this fall…
Apple stock rises toward near 3-month high
Apple stock rose 1.4% in midday trading Monday, near 3-month high, with investors who own the shares through the close set to receive a quarterly…
Stock market jumps as lockdowns ease, U.S. states reopen for business
The U.S. stock market’s main indexes rallied on Tuesday as a number of countries and U.S. states eased coronavirus-induced lockdowns and restrictions…
Dow jumps 350 points on hopes of U.S. economy reopening
On Tuesday, stocks rose sharply on investors’s hopes for the start of the reopening of the U.S. economy. Oil prices increased for a fifth straight day…
Warren Buffett says COVID-19 cannot stop America
Warren Buffett says the US’ capacity to withstand crises provides a silver lining as it combats COVID-19, even as he acknowledged that the pandemic…
Loup Ventures: Apple is leading for the long-term
Apple yesterday announced earnings results for its fiscal 2020 second quarter ended March 28, 2020 and Loup ventures has weighed in…
J.P. Morgan adds Apple to top-pick list, ups price target
Today, J.P. Morgan adds Apple to its Focus List of top stock picks and lifted its target price target on Apple shares to $350 from $335…
Apple shares, Wall Street jump on COVID-19 drug hopes
U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings…
What to expect from Apple’s Q220 earnings report
Apple will report fiscal Q220 earnings results after the close of trading on Thursday. The current analysts’ consensus revenue forecast is $54.6 billion…
Wall Street gains as some U.S. states begin to reopen for business
Hopeful eyes watched several U.S. states that began to relax shutdown restrictions instituted in order to curb the COVID-19 pandemic and reopen for business…
Apple helps fuel market rally as U.S. states prepare to relax shutdowns
Friday saw a U.S. stock market rally, led higher by Apple and Microsoft as investors finished a turbulent week of trading…
Why is the stock market rising even though 26M people are out of work?
Many investors believe the stock market has gone bonkers, saying it has become totally divorced from the reality on Main Street.…
Analyst expects Apple to add up to $100 billion to buyback program
Due to the COVID-19 outbreak, many companies are suspending their plans for buybacks, but Apple is expected to remain aggressive…
Why you want to own Apple shares heading into Q2 earnings
With Apple warning in mid-February that they did not expect to meet Q2 revenue guidance, why would anyone want to own Apple shares heading into Q2 earnings?
Analyst outlines path for Apple shares to soar to $500
Apple bulls, including one who’s laid out a path to shares to reach $500, think the company’s long-term story remains as bright as ever…
Dow tumbles more than 500 points as COVID-19 shutdown slams economy
Stocks fell sharply on Wednesday as the COVID-19 shutdown slams the economy. Dismal economic data and weak bank earnings fueled concerns…
Apple gaps up, helps lift Dow Jones to 500-point gain
The stock market held bullish gains in afternoon trading Tuesday as Apple, Home Depot, and Microsoft outperformed in the Dow Jones Industrial Average…
Apple surge contributes to Dow’s 500-point rally
Shares of Home Depot and Johnson & Johnson are trading higher Tuesday morning, fueling a rally for the Dow Jones Industrial Average…
Dow futures point to 400-point jump as COVID-19 outlook improves
Stock futures jumped in early morning trading Tuesday as investors grew more optimistic about the COVID-19 outlook while bracing for the start…
Raymond James cuts Apple price target to $305
Raymond James analyst Chris Caso cut his Apple price target to $305 from $360, citing expectations of slower iPhone and wearables demand due to…
S&P 500 rallies to join Dow in exiting bear market
U.S. equity markets rallied to session highs Wednesday as the S&P 500 exited its bear market helped by a basket of news investors believe will be…
Dow surges after Bernie Sanders drops out; Apple among key gainers
The Dow Jones Industrial Average rallied more than [680] points Wednesday midday after Bernie Sanders dropped out of the presidential race. Meanwhile…
‘Naked’ investors, not COVID numbers, will determine market performance
Naked investors who went all-in on stocks might sell once they recoup some of their losses, which could lead to a bigger decline in the market…
Stock rally surges in the final hour of trading
As the number of new coronavirus cases in the U.S. appeared to slow down, a stock rally surged on Monday, rebounding from sharp losses in the previous week…
Morgan Stanley lowers Apple price target to $298, suggests buying the dip
Morgan Stanley analyst Katy Huberty has trimmed her Apple price target to $298 from $328 while suggesting clients buy the dip.The title of …
Analyst projects multi-quarter COVID-19 impact on Apple iPhone
Apple in February said it had both supply and demand issues due to the COVID-19 pandemic. Now, Argus projects the negative impact is likely to play out…
This is the time to buy quality stocks like Apple
The COVID-19 pandemic has presented an opportunity to buy quality stocks like Apple. Apple has been increasing its dividend for seven straight years…
Apple is added to BofA’s best ideas list; COVID-19 seen as transitory issue
BofA Global Research analyst Wamsi Mohan reiterated his “Buy” rating with a $300 price target and added AAPL stock to the firm’s best ideas list …
