Even as Apple deals with rampant U.S. inflation, waning consumer confidence, a strengthening dollar, and quixotic COVID lockdowns in China…
Tag: investing
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…
BofA: Apple’s lowering of trade-in prices implies ‘strong demand’
Apple’s lowering of trade-in prices for Macs, iPhones, iPads, and Apple Watches earlier this month, a move that implies strong demand …
5-Star analyst reiterates ‘Buy’ rating on Apple with $210 price target
Tigress Financial 5-star analyst Ivan Feinseth has reiterated his “Buy” rating on Apple shares and maintained his $210 price target on AAPL…
Apple stock continues to lead the market higher
With Apple stock continuing to move higher, the bulls are going to need the compnay to continue its rally if they want the rest of the market…
Apple set to beat Q3 expectations – Evercore
Evercore analyst Amit Daryanani expects enable Apple to, at a minimum, meet Wall Street consensus expectations that are looking…
Apple product lead times hint at stronger than forecast June quarter
In a note to investors, J.P. Morgan analyst Samik Chatterjee analyzes Apple lead times and found them to be low, meaning that the impacts if the…
Fund managers rotate back into big tech to better ride out possible U.S. recession
Some fund managers are being prompted to rotate back into the big tech and growth winners of the last decade in the hope that they can…
Apple’s earnings report could trigger an AAPL rebound
The consensus estimate calls for Apple to post June quarter revenue of $82.4 billion. If Apple hits this, it could trigger a rebound in AAPL …
U.S. consumer sentiment falls to all-time record low
U.S. consumer sentiment deteriorated to the lowest level ever recorded due to rampant inflation, dim prospects for the American economy…
2 safe stocks to buy in this bear market: Apple and AstraZeneca
2 safe stocks to buy in this bear market are Apple and AstraZeneca. Apple is generating huge free cash and remains one of the safer…
Apple helps power Wall Street in bear market rally
Wall Street’s major indexes climbed on Tuesday as investors scooped up shares of Apple, other tech names, and energy companies…
U.S. stocks slide to yearly lows amid U.S. recession concerns
Stocks sank Thursday as investors concerns mounted over a potential U.S. recession and the potential economic costs of the Federal Reserve’s…
Stock futures slide on rising U.S. inflation, unemployment, and recession fears
U.S. stock index futures fell sharply after the Fed projected a slowing economy, rising unemploymentand the worst inflation in 40 years…
Analysts: Apple is still the best bet in a tech spending slowdown
In the increasingly likely event of a slowdown in consumer spending on tech amid rampant U.S. inflation, Apple is still the best bet …
Apple, Microsoft, Amazon, other tech stocks tumble into the red
Big tech names such as Apple, Microsoft, Amazon, Tesla, and Nvidia were deep in the red ahead of Monday’s market open…
Apple stock poised to hit first ‘death cross’ since December 2018
Apple’s stock has fallen far enough and for long enough to produce the ominous-sounding “death cross” bearish chart pattern that…
Apple likely to benefit from ‘improving’ supply chain in Asia – analyst
Apple is likely to be one of the main beneficiaries from a “clear improvement” in the supply chain in Asia over the past week, as investment…
Why Berkshire Hathaway’s Warren Buffett loves Apple so much
Berkshire Hathaway’s Warren Buffett, the “Oracle of Omaha,” is one of the most affluent investors of all time. Berkshire’s investment…
Key U.S. inflation measure rises to near 40-year high
The U.S. Federal Reserve’s preferred gauge to track inflation climbed 4.9% in April from the previous year, close to the highest level…
Apple shares down on Snap’s profit warning citing economic deterioration
Apple shares were poised to give back some of their gains from Monday in premarket trading on Tuesday, dragged down by a profit and revenue…
Bank of America sets new $200 price target on Apple shares
Apple had its price target decreased by Bank of America revised its 12-month price target on Apple shares to $200.00 with a “Buy” rating…
U.S. stock futures rebound after flirting with bear market
U.S. stock futures rose on Monday, helped by a bounce in growth stocks, including a slight increase for Apple, after the benchmark S&P 500…
Absolutely buy Apple stock at these discount prices
Should you buy Apple stock at these discount prices? Absolutely. Investors who miss the current opportunity in Apple will kick themselves…
Apple stocks rises as rough week for ‘Big Tech’ ends
Megacap “Big Tech” companies Apple, Microsoft, Alphabet, Tesla, and others traded higher on Friday, recovering some of their recent losses…
Apple, Nasdaq, Dow, S&P 500 drop amid rampant U.S. inflation, economic concerns
Apple, and the Nasdaq, Dow, and S&P 500 swooned Wednesday amid rampant U.S. inflation and overall economic concerns…
Warren Buffett scooped up 3.8 million Apple shares on the dip
Warren Buffett returned to the bull camp of stock buyers during the first quarter of 2022, buying 3.8 million shares of Apple on the dip…
Wall Street rallies as growth stocks rebound; Twitter slides as Musk puts deal ‘temporarily on hold’
Growth stocks led a rebound in Wall Street’s main indexes on Friday in a week beset by worries aboutrampant U.S. inflation the worsening…
Historic tech sell-off is a ‘generational buying opportunity’ for the right stocks, like Apple – Dan Ives
According to Wedbush Securities’ analyst Dan Ives, The tech-sell off is not a calamitous bubble bursting, it’s simply a “buying opportunity”…
Bad news for the market: Apple stock has broken down
In an ominous sign for the market, Apple (–4.68%, $139.60) stock is in a world of hurt, trading now below a price that investors couldn’t…
Apple plummets 22% from January peak as tech stock selloff spreads
Apple shares fell on Thursday, with the stock now some 22% below its January peak as a selloff in technology stocks spreads to the…
Down 11.8% in one week, Apple may be approaching value territory
The U.S. stock market lost about 12% last month, and Apple has been negatively affected by dropping 11.8% in the last 7 days alone…
U.S. stock indexes fall on inflation, recession worries; Apple drops further
U.S. stock indexes fell in Thursday trading, with growth stocks including bellwether Apple leading declines as investors worried that…
S&P 500 could avoid a bear market, depending on Apple stock
The S&P 500 looks like it can fall into bear market territory, but there’s a good chance that won’t happen, though, thanks to Apple…
Why Apple stock got bit on Monday
Stock markets continued to slide as in Monday trading, with the S&P 500 and the tech-heavy Nasdaq falling. Shares of tech leader Apple didn’t…
Is Apple stock a buy right now?
Amid concerns of rampant U.S. inflation, supply chain disruptions, and the Russian invasion of Ukraine, Apple stock has dipped from near…
