Squeezing businesses and inflicting real pain on millions of American households, U.S. inflation at the wholesale level rose…
Tag: investing
Stocks to watch in October: Apple rebounds
According to Investor’s Business Daily, the best Dow Jones stocks to watch in October are Apple, Chevron, Merck, Microsoft, and UnitedHealth…
All three major U.S. stock indexes post third straight quarterly loses on rampant U.S. inflation, recession fears
The S&P 500 wrapped up its steepest September decline in two decades on Friday, ending a quarter besieged with historically hot inflation …
Jim Cramer: Investors have to buy Apple stock, not sell it
On CNBC on Friday, “Mad Money” host, Jim Cramer, says that investors have to buy Apple stock, not sell it during dips…
Fed’s preferred gauge shows rampant U.S. inflation hotter than expected in August
According to new data released on Friday, the U.S. Federal Reserve’s preferred inflation gauge accelerated again in August…
Apple shares swoon on Bank of America downgrade
Shares of Apple were down more than 5% on Thursday after Bank of America analysts delivered the stock a rare downgrade…
U.S. stock futures fall on growing worries of economic downturn
U.S. stock index futures fell on Thursday on worries of rampant U.S. inflation, recession, a global economic downturn from…
Tech stocks face another 10% drop or more as rampant U.S. inflation eats into profits
The great stock selloff of 2022 is far from over as investors in tech stocks brace for earnings misses due to U.S. inflation at forty-year…
Apple stock slumped on Friday, but it shouldn’t have
Shares of Apple tumbled in Friday trading, falling as much as 2.2% in the morning session. As of 03:36 p.m. EDT, the stock was still…
Zacks analysts cut Apple Q422 earnings estimate
This week, Apple investment analysts at Zacks Research reduced their Q4 2022 earnings estimates for shares of Apple from…
U.S. stock futures slide more than 1% on rampant inflation, recession worries
Investors fretted over the prospect of an economic downturn and a hit to corporate earnings amidst 40-year-high inflation …
Tech stocks drag stock market lower on growth concerns
The U.S. stock market’s main indexes fell on Thursday, extending declines for a third straight session, as investors worried that the…
Fed raises interest rates, pledges more hikes amid rampant inflation; warns of recession
The Fed raised interest rates and indicated it will keep hiking well above the current level as it attempts to tamp down rampant inflation …
Where will Apple stock be 5 years from now?
There are plenty of reasons to believe that Apple stock can perform well over the next five years. Just ask Warren Buffett…
Had Microsoft not sold its $150 million in Apple stock, it’d be worth over $120 billion today
Nearly 20 years ago, Microsoft sold its Apple Stock for $550 million, leaving some $120 billion on the table…
Top Wall Street analysts recommend buying Apple, Nvidia stock
Apple stock tops a list of five stocks chosen by top Wall Street pros, according to TipRanks, a platform that ranks analysts based on…
Goldman Sachs: Rampant U.S. inflation could cause further 27% drop in the S&P 500
It’s not just that the U.S. Fed is going to be aggressive after the latest shocking U.S. inflation figure, still running at 40-year highs…
Apple supplants Tesla as Wall Street’s biggest short bet
Tesla spent 864 days as Wall Street’s biggest short bet. Now it’s Apple. A total of more than $18 billion is bet against the…
Dow plummets 1,200 points on rampant U.S. inflation
U.S. stocks fell sharply on Tuesday, with the Dow plummeting 1,200 points, after a key August inflation report came in hotter than…
Dow futures drop 400 points on hotter-than-expected U.S. inflation
A hotter-than-expected CPI report resulted in a quick reversal in stock futures Tuesday morning. Dow futures, which were…
Apple stock, down 13% this year, heads for first annual decline since 2018
Apple shareholders who are hoping that the introduction of a new line of iPhones and Apple Watches on Wednesday will help AAPL shares…
Wall Street in the red amid rampant inflation, persistent rate hike concerns
Wall Street’s indexes slipped on Tuesday as expectations that the Federal Reserve will keep raising interest rates due to rampant inflation …
Stocks set to extend losses on U.S. inflation, interest rate worries
U.S. stock indexes were set to open lower on Monday on worries over the Fed’s interest rates hikes to combat rampant U.S. inflation in…
Apple stock gets fresh buy point ahead of ‘Far out’ September 7th event
Apple is the Investor’s Business Daily “Stock Of The Day” as the company prepares to unveil its new iPhone 14 and Apple Watch Series 8…
Credit Suisse upgrades Apple stock
Credit Suisse analyst Shannon Cross on Wednesday raised the firm’s rating on Apple to “Outperform” (buy), offering four reasons for…
U.S. stock futures fall on weak China economic data
U.S. stock index futures declined on Monday after weak economic data from China renewed fears of an economic slowdown in the world’s…
3 reasons to buy Apple stock now
Apple now has an humungous installed base of over 1.8 billion active devices around the globe. Plus, users are increasingly spending more…
Apple moves closer to erasing 2022 losses on better-than-feared inflation data
Apple is closing in on erasing its losses for the year as better-than-feared inflation data fueled a rally in the stock market Wednesday…
Apple shares jump 27% from June low
Since hitting a recent low in mid-June, Apple’s shares have surged 27%, outpacing the S&P 500 Index and the Nasdaq 100 Index, now…
Warren Buffett’s Berkshire Hathaway bought 4 million shares of Apple in Q2, bringing its stake to 915 million shares
Warren Buffett’s Berkshire added to its stake in Apple in the second quarter. Berkshire bought about four million shares of Apple…
Based on history, Apple stock could have another monumental month
Apple stock was up an impressive 18.9% in July,still off its all-time high of $182.94, but marking its best month since August 2020…
Apple stock nears buy point after all-time record June quarter
Apple stock rose Friday after the company delivered an all-time record June-quarter revenue report. Plus, Apple expects sales growth to…
After Apple’s strong quarter, Citi outlines 5 reasons to buy the stock
Apple’s better-than-expected Q322 earnings report helped assuage investors’ worries about how a slowdown in consumer demand…
Apple and Amazon’s strength gets bulls buying despite U.S. recession
Apple and Amazon.com reported strong results after the latest Federal Reserve interest rate hike and the U.S. Commerce Department…
Apple stock surges in July, poised for biggest monthly gain in almost two years
Even as Apple deals with rampant U.S. inflation, waning consumer confidence, a strengthening dollar, and quixotic COVID lockdowns in China…
Wall Street opens lower as Walmart warning rattles retail stocks
Major indexes fell at the open on Tuesday after Walmart’s profit warning heightened fears in the face of decades-high inflation …
Apple, other Big Tech earnings poised to determine the direction of the market
Apple, and other “Big Tech” names Amazon, Alphabet (Google), Meta (Facebook), and Microsoft will all report earnings this week in a crucial…
Giant asset manager buys up Apple, Nvidia, Corning, and Pfizer stock
The investment arm of one of the world’s biggest insurers just made major additions to its U.S.-traded investments. Purchasing Apple stock…
Why Warren Buffett loves Apple so much
Warren Buffett loves owning Apple stock, which is, by far, the biggest position in Berkshire Hathaway’s portfolio…
Fed mulls historic 100 basis-point interest rate hike to battle rampant U.S. inflation
U.S. Fed may debate a historic one percentage-point rate hike this month following yet another dismal report of rampant U.S. inflation …
Citi gives five reasons to buy Apple stock
“Despite macro woes, we continue to see several positive drivers for Apple’s products/services,” Citi analyst Jim Suva writes in a…
Rampant U.S. inflation even hotter than expected, rises 9.1% in June to new 40-year high
The U.S. consumer price index, a broad inflation measure of everyday goods and services, soared 9.1% year-over-year, above even…
