UBS analysts have cut their Apple price target from $335 to $290 as they expect iPhone unit sales to drop 16% this year. UBS maintains a Buy rating on AAPL…
Tag: finance
Apple stock rallies as Dow Jones surges 1,200 points
After the U.S. Senate passed the $2 trillion coronavirus stimulus deal and despite record-setting jobless claims, Apple stock rallied and the Dow jumped…
Apple shares climb above key support level after rating upgrade
Apple shares on Wednesday climbed above a key support level in a bullish sign after Deutsche Bank analyst Jeriel Ong turned positive on the stock…
Analyst: It’s time to buy Apple stock
Deutsche Bank analyst Jeriel Ong says it’s time to buy Apple stock. Ong on Tuesday upped his rating on Apple from Hold to “Buy,” while…
Deal reached on $2 trillion U.S. coronavirus stimulus
World stocks surged 11% on Wednesday as coronavirus-battered markets leapt on news of a $2 trillion U.S. fiscal stimulus package. News of the deal …
Apple market cap briefly dips below $1 trillion
In the last 10 minutes of Friday’s Nasdaq trading session, Apple’s market cap briefly dipped below $1 trillion, a level that the Cupertino Colossus has…
COVID-19 has created a rare opportunity to buy dominant tech companies like Apple on the cheap
You may have heard this one before: Cash is now king. And on that score, tech stocks like Apple are far better positioned than any other sector…
Apple shares are a stay-at-home play
Investors looking for stay-at-home plays are looking at Apple.The Nasdaq composite started out well this morning, rising as much as 2.8%, but…
Apple may be the best of all coronavirus ‘losers’
Apple stock may be the best of all of the coronavirus ‘losers,” showing relative out-performance vs. the S&P 500. That’s important…
Bill Ackman advises President Trump to shut down the US
Billionaire hedge fund manager Bill Ackman is calling on President Trump to shut down the U.S. in order to curtail the COVID-19 pandemic…
Wall Street is finally waking up on Apple
Well, that took long enough! But, Wall Street analysts are finally waking up on Apple and drawing down estimates due to the worldwide coronavirus pandemic…
Goldman Sachs cuts near-term Apple estimate, but sees year-end rebound
Goldman Sachs analyst Rod Hall today reiterates his “Neutral” rating on Apple shares, cuts his price target to $265 from $300, and trims his estimates …
Dow rebounds by 1,000 points as President Trump reportedly seeks $1 trillion coronavirus stimulus package
Stocks surged in volatile trading Tuesday as Wall Street cheered reports of White House coronavirus stimulus plans and new actions by the Fed…
Moody’s: Apple demand will bounce back after coronavirus crisis ends
Moody’s credit analyst Raj Joshi agrees, writing that demand for Apple products will bounce back after coronavirus crisis ends…
Dow plunges 3,000 points in worst selloff since 1987
As the Dow experienced its worst selloff since 1987, President Donald Trump and members of the White House’s coronavirus task force…
Apple’s 5G iPhone launch is key to 5G stocks’ momentum
Apple’s 5G iPhone launch is seen as key to 5G stocks’ momentum by analysts, as telecom companies are in the early stages of building out 5G wireless…
Stocks post biggest rally since 2008
Stocks soared Friday to post the biggest rally since 2008 as Wall Street rebounded from the sharp losses suffered in the previous session…
Stocks surge as President Trump declares national emergency to speed U.S. coronavirus response
Stocks rallied Friday after President Trump said leaders of many large companies in the United States had agreed to help with widespread efforts to test…
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…
Warren Buffett reacts to stock market rout: Not as bad as 2008 or 1987
Not as bad as 2008 or 1987. That’s what Warren Buffett said about the current coronavirus / oil shock market freakout. In an interview with…
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…
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…
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…
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…
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.”
Warren Buffett forcefully defends Berkshire Hathaway’s Apple investment
Warren Buffett on Saturday forcefully defended Berkshire Hathaway’s heavy investment in company stocks such as Apple as he works through…
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…
Roku gains as Apple TV+ and Disney+ launches drive Q4 revenue surge
Roku posted pre-market gains as the company added 4.6M new customers over the fourth quarter, thanks in part to the launches of Apple TV+ and Disney+ …
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…
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…
Analyst who couldn’t find ‘missing’ iPhones claims Apple TV+ is ‘failing to resonate’
The “analyst” who couldn’t find Apple’s “missing” iPhones on his first try — is back for more, claiming that Apple TV+ is “failing to resonate.”
