Investment firm, and Apple bull, Wedbush has lowered the firm’s price target on Apple shares from $200 to $175 while reiterating that Apple…
Tag: investing
Wall Street starts 2023 on a downbeat; Apple shares drag
Wall Street’s main indexes closed lower on the first trading day of 2023 with Apple among the biggest drag, while investors worried about the…
Apple’s market value falls below $2 trillion for the first time since 2021
On the first trading of 2023, Apple’s market value slipped below $2 trillion for the first time since 2021 as its stock fell nearly 4%…
Why Apple stock keeps falling
Apple stock is at a 52-week low and could fall further, but it’s starting to look like a compelling buy for long-term investors…
Analyst reiterates bullish outlook on Apple: ‘It’s a lot more of headline risks than anything else’
Apple faces a lot more headline risks than anything else, said Angelo Zino, senior industry analyst at U.S.-based firm CFRA Research…
Apple’s massive ‘double-top’ could mark the end of this market malaise
Apple has formed a massive double-top pattern. A failing AAPL could mark the beginning of the end this market malaise…
Apple and tech stocks lead the way to Wall Street gains
Wall Street’s main indexes rose on Thursday, led by Apple and other tech stocks in light trading, as U.S. unemployment data signaled…
Wall Street gains on increased U.S. unemployment claims
Technology and growth stocks lifted Wall Street on Thursday after data showed an increase of initial claims for unemployment benefits…
Apple is an excellent long-term investment
Buying stocks that can survive in any environment is a good idea and mighty Apple is a blue chip co. that can help in good and bad times.…
Year end pressure on stocks should relent temporarily, but the bear market will persist
As a miserable year ends, weakness in bonds and bearish positioning prevent any positive momentum from developing in this bear market …
Apple stock price hits lowest since June 2021
Apple’s stock price closed at its lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns…
Meme schmeme: Stock-trading kids are loading up on Apple stock and index funds
Kids younger than 18 are learning to play the stock market and they’re eschewing meme stocks in favor of Apple stock and index funds…
Blue-chip stocks plummet, pulling Dow lower
The major U.S. benchmarks are erasing gains made earlier in the week as key blue-chip stocks pull the Dow down, extending its year-to-date…
Why Apple stock is a must buy for 2023 – analyst
Apple stock now trades on a forward price-to-earnings ratio of 22, a roughly 21% discount to its historical average. At 16 times…
Analyst sees several catalysts for Apple stock in 2023
Amidst a difficult end to 2022, a Citi analyst believes Apple’s stock has several catalysts to help it trade higher in 2023…
Apple, other stocks falls as U.S. recession worries mount
Apple and stock indexes fell on Monday as investors feared that tamping down rampant U.S. inflation could lead to double-dip recession …
Apple stock breaks below key support. Now what?
Apple shares fell $1.99 (-1.46%) to $134.51 in Friday trading. This after the stock fell 4.7% on Thursday, outpacing the declines in both…
Apple stock is a top pick for 2023 – Evercore
The current headwinds hitting Apple stock are transitory, Evercore analyst Amit Daryanani wrote, naming it a top stock pick for 2023…
Apple shares tumble on U.S. recession worries
Shares of Apple slid on the Nasdaq Thursday as investors processed the latest Federal Reserve interest rate hike and as investors worry…
Morgan Stanley remains bullish on Apple
While most Apple investors are focused on near-term supply disruption, Morgan Stanley believe this shortsightedly overlooks the strength…
Stock futures fall on growing recession fears
U.S. stock index futures fell on Wednesday after warnings of a looming recession from major Wall Street bankers offset any optimism…
Apple stock set to rally into year end?
Apple’s stock chart currently paints a pretty picture. After hitting a 52-week low back in June, AAPL shares came close to retaking all-time…
Why Apple stock can keep delivering for shareholders
Apple stock’s price-to-earnings ratio has come down significantly recently, but all the while, the company’s capital-return program has been;
Apple and other stocks surge after U.S. Federal Reserve meeting
Tech stocks have been a bad bet for most of 2022, but on Wednesday afternoon, after Federal Reserve Chairman Jerome Powell confirmed…
Apple’s historic buybacks buoy stock amidst market slump
Apple buybacks exceed $550 billion over the past decade, far more than any other American company, and, amidst a broader market slump…
Wedbush maintains Outperform rating and $200 price target on Apple
Wedbush Managing Director and Senior Equity Research Analyst Daniel Ives on Wednesday maintains an “Outperform” rating and $200 target…
Mighty Apple keeps the stock market from breaking
Despite inflation and recession, the stock market dipped again for a couple of days this week, but it didn’t break, thanks to Apple, which…
Here’s why Apple could outperform the markets in 2023
Apple’s recent record results are encouraging and the company’s consumer demographics suggest that it could be resilient, even…
Warren Buffett’s Berkshire Hathaway invests $4.1 billion in major Apple supplier TSMC
Berkshire Hathaway said it invested more than $4.1 billion of stock in major Apple supplier, chipmaker TSMC , a rare significant foray…
Stocks drop, dollar strengthens as markets eye U.S. inflation data
Stock prices dipped as the dollar strengthened on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s interest…
U.S. midterm election results could be favorable for tech stocks
Investors are turning their focus to Tuesday’s U.S. midterm elections, which will determine control of the House and Senate which…
U.S. stocks solidly higher as investors await midterm election results
U.S. stocks were solidly higher Monday afternoon, kicking off a busy week that includes midterm election results that will determine…
U.S. jobs report key for market rally as Apple plunges
The stock market rally, now under pressure, continued to digest Fed chief Jerome Powell’s hawkish comments that the peak or “terminal” fed…
Why Apple stock is a buy
For those wondering if Apple stock is a buy right now, the company is enjoying healthy iPhone demand even as the broader smartphone market…
Apple stock surges as record earnings distinguish from beleaguered big tech firms
Apple stock surged as much as 8.1% in Nasdaq trading after delivering all-time record quarterly results and good enough…
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…
Nasdaq futures drop over 1% as Microsoft, Google earnings fan slowdown fears
Nasdaq tech stock futures fell more than 1% on Wednesday as disappointing results and warnings from Microsoft and Alphabet sparked losses…
This is the worst year for U.S. stock market investors since 1969
To date this year, both the U.S. stock and bond markets have posted significant declines not seen since the way back to 1969, according…
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…
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…
