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2023-08-04 00:00:00+00:00
AAPL
July Jobs Cool to 187K, Unemployment Drops to 3.5%
Pre-market futures were essentially flat directly prior to the latest Employment Situation report from the U.S. Bureau of Labor Statistics (BLS): 187K new jobs were created in the month of July, below the 200K expected but 2000 positions more than the downwardly revised 185K for June, which now marks the cycle lows goi...
2023-08-04 00:00:00+00:00
AAPL
Unemployment Rate Drops in July
Pre-market futures were essentially flat directly prior to the latest Employment Situation report from the U.S. Bureau of Labor Statistics (BLS): 187K new jobs were created in the month of July, below the 200K expected but 2000 positions more than the downwardly revised 185K for June, which now marks the cycle lows goi...
2023-08-04 00:00:00+00:00
AAPL
Stocks Rally as Bond Yields Fall on Smaller U.S. Payrolls and Fed Comments
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.44%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.43%. Stocks this morning are moderately higher. A smaller-than-expected increase in U.S. Jul nonfarm payrolls knocked T-note yields lower...
2023-08-04 00:00:00+00:00
AAPL
Dow Movers: AAPL, AMGN
In early trading on Friday, shares of Amgen (AMGN) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 4.1%. Year to date, Amgen has lost about 8.5% of its value. And the worst performing Dow component thus far on the day is Apple (AAPL), trading down 2.6%. Apple is showing ...
2023-08-04 00:00:00+00:00
AAPL
Tech Stock Rally Pauses Despite Stellar Earnings Results
The recent rally in technology stocks has lost momentum, despite a solid quarterly earnings reporting season. According to Bloomberg data, about 89% of the technology companies in the S&P 500 ($SPX) (SPY) that have reported earnings this reporting season have beaten estimates. However, those stocks fell an average of...
2023-08-04 00:00:00+00:00
AAPL
Apple's (AAPL) Q3 Earnings Beat Estimates, Revenues Decline Y/Y
Apple AAPL reported third-quarter fiscal 2023 earnings of $1.26 per share, which beat the Zacks Consensus Estimate by 5.88% and increased 5% year over year. Net sales decreased 1.4% year over year to $81.8 billion, which beat the Zacks Consensus Estimate by 0.54%. Unfavorable forex hurt revenues by almost 400 basis po...
2023-08-04 00:00:00+00:00
AAPL
US STOCKS-Wall St rises on Amazon boost; bond yields fall
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window U.S. jobs growth slows in July IPhone sales slump weighs on Apple Amazon sees bright Q3 on resilient cloud sales, shopping trends Fortinet drops on forecast cut Indexes up: Dow 0.53%, S&P 0.57%, Nasdaq 0.77% Updat...
2023-08-04 00:00:00+00:00
AAPL
July Job Market Data Gives the Signal to Buy ‘Everything’
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week, the seemingly unstoppable stock market rally hit some speed bumps. Now, though, it seems like those hiccups are already in the rearview mirror. And it’s time for stocks to rally again. The bullish inflection point came this morning with July’s jo...
2023-08-04 00:00:00+00:00
AAPL
Daily Dividend Report: AAPL, NKE, UPS, ADP, MAR
Apple's board of directors has declared a cash dividend of $0.24 per share of the Company's common stock. The dividend is payable on August 17, 2023 to shareholders of record as of the close of business on August 14, 2023. NIKE (NKE) has declared a quarterly cash dividend of $0.340 per share on the Company's outstandin...
2023-08-04 00:00:00+00:00
AAPL
Morgan Stanley Maintains Apple (AAPL) Overweight Recommendation
Fintel reports that on August 4, 2023, Morgan Stanley maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. Analyst Price Forecast Suggests 9.18% Upside As of August 1, 2023, the average one-year price target for Apple is 198.70. The forecasts range from a low of 141.40 to a high of $252.00. The ...
2023-08-04 00:00:00+00:00
AAPL
Warren Buffett Detailed Fundamental Analysis - AAPL
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valua...
2023-08-04 00:00:00+00:00
AAPL
Technology Sector Update for 08/04/2023: TEAM, NET, AAPL, XLK, XSD
Technology stocks were flat to lower pre-bell Friday as the Technology Select Sector SPDR Fund (XLK) was 0.3% lower and SPDR S&P Semiconductor ETF (XSD) was inactive. Atlassian (TEAM) was rallying by over 20% after it reported fiscal Q4 non-GAAP diluted earnings of $0.57 per share, up from $0.27 a year earlier. Analyst...
2023-08-04 00:00:00+00:00
AAPL
Daily Markets: Apple, Amazon, and Jobs Report Leads the Way Today
Today’s Big Picture Asia-Pacific equity markets finished the last trading day of the week on a positive note led by gains in China’s Shanghai Composite (+1.8%), Hong Kong’s Hang Seng (+0.6%), and India’s Sensex (+0.7%). European markets are mixed in midday trading and U.S. equity futures point to a positive market open...
2023-08-04 00:00:00+00:00
AAPL
US STOCKS-Futures get boost from Amazon results; jobs data in focus
By Shubham Batra and Bansari Mayur Kamdar Aug 4 (Reuters) - U.S. stock index futures rose on Friday as Amazon's better-than-expected earnings countered Apple's tepid sales forecast, while investors awaited the July jobs report to firm up the likelihood of a "soft landing" for the economy. Amazon.com shares AMZN.O surge...
2023-08-04 00:00:00+00:00
AAPL
GLOBAL MARKETS-World stocks set for worst week since March; US payrolls in focus
By Amanda Cooper and Elizabeth Howcroft LONDON, Aug 4 (Reuters) - European stocks indexes fell on Friday, while the dollar headed for a third weekly gain as investors assessed U.S. economic data that largely showed a resilient labour market ahead of the all-important monthly jobs report. The MSCI All-World index .MIWD0...
2023-08-04 00:00:00+00:00
AAPL
Needham Reiterates Apple (AAPL) Buy Recommendation
Fintel reports that on August 4, 2023, Needham reiterated coverage of Apple (NASDAQ:AAPL) with a Buy recommendation. Analyst Price Forecast Suggests 3.94% Upside As of August 1, 2023, the average one-year price target for Apple is 198.70. The forecasts range from a low of 141.40 to a high of $252.00. The average price ...
2023-08-04 00:00:00+00:00
AAPL
Markets Today: Stocks Climb on Strong Amazon Earnings and Lower Bond Yields
Morning Markets September E-Mini S&P 500 futures (ESU23) this morning are up +0.33%, and Sep Nasdaq 100 E-Mini futures (NQU23) are up +0.47%. Stock indexes this morning are modestly higher, as an +8% jump in Amazon.com in pre-market trading is lifting technology stocks. However, gains are muted, with Apple down more t...
2023-08-04 00:00:00+00:00
AAPL
"Big Tech" Earnings Review: ETFs in Focus
Since late July, five major tech companies from the United States released their earnings reports. Among them, Amazon AMZN, Facebook-parent Meta META and Google-parent Alphabet GOOGL delivered impressive results, garnering positive reactions from investors, while Apple AAPL and Microsoft MSFT disappointed investors. Le...
2023-08-04 00:00:00+00:00
AAPL
S&P Futures Tick Higher Ahead of Key U.S. Payrolls Data, Amazon Surges on Upbeat Earnings
September S&P 500 futures (ESU23) are trending up +0.08% this morning as market participants looked ahead to the crucial U.S. nonfarm payrolls report. Amazon.com Inc (AMZN) surged over +8% in pre-market trading after the e-commerce giant reported better-than-expected Q2 results and delivered upbeat Q3 guidance. In Thu...
2023-08-04 00:00:00+00:00
AAPL
India to consider proposal to delay import licence order for laptops, tablets - source
By Shivangi Acharya and Nikunj Ohri NEW DELHI, Aug 4 (Reuters) - The Indian government is likely to decide "soon" on an industry proposal to delay a plan to require import licences for laptops and tablets by three to six months, a senior government source said. India has imposed a licensing requirement for imports of l...
2023-08-04 00:00:00+00:00
AAPL
Pre-Market Most Active for Aug 4, 2023 : NKLA, TUP, QS, AMZN, SQQQ, TQQQ, FUBO, NIO, AAPL, YELL, PLTR, DT
The NASDAQ 100 Pre-Market Indicator is up 25.69 to 15,379.23. The total Pre-Market volume is currently 63,166,721 shares traded. The following are the most active stocks for the pre-market session: Nikola Corporation (NKLA) is -0.335 at $3.06, with 12,757,786 shares traded. Smarter Analyst Reports: Inside Nikola’s Ne...
2023-08-04 00:00:00+00:00
AAPL
Two measures of corporate health flash red
Adds graphic on container freight rates LONDON, Aug 4 (Reuters) - Two measures of corporate and economic health were flashing red on Friday as shipping group Maersk reported a fall in global demand for sea containers and advertising giant WPP said clients in the U.S. tech sector were slashing their marketing spend. A.P...
2023-08-04 00:00:00+00:00
AAPL
1 'Magnificent Seven' Stock Has Warren Buffett's Berkshire Hathaway Betting Big
Warren Buffett is one of the greatest business minds in American history. Under his leadership, Berkshire Hathaway stock compounded at 20% annually for nearly six decades, growing twice as fast as the S&P 500. Very few companies ever achieve that rate of success, and much of the credit goes to Buffett and his ability t...
2023-08-04 00:00:00+00:00
AAPL
Everyone's Watching These 2 Stocks Friday Morning
It looked as though Friday would be a quiet day for the stock market, at least based on premarket moves in major stock index futures. Small moves ruled the day, with futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) moving slightly higher along with other indexes. Yet there were plenty of big moves among ke...
2023-08-04 00:00:00+00:00
AAPL
Citigroup Reiterates Apple (AAPL) Buy Recommendation
Fintel reports that on August 4, 2023, Citigroup reiterated coverage of Apple (NASDAQ:AAPL) with a Buy recommendation. Analyst Price Forecast Suggests 3.94% Upside As of August 1, 2023, the average one-year price target for Apple is 198.70. The forecasts range from a low of 141.40 to a high of $252.00. The average pric...
2023-08-04 00:00:00+00:00
AAPL
GLOBAL MARKETS-Equities inch up; dollar heads for third weekly gain ahead of US payrolls
By Amanda Cooper and Elizabeth Howcroft LONDON, Aug 4 (Reuters) - Global equities inched higher on Friday, while the dollar headed for a third weekly gain as investors assessed U.S. economic data that largely showed a resilient labour market ahead of the all-important monthly jobs report. The MSCI All-World index .MIWD...
2023-08-04 00:00:00+00:00
AAPL
AAPL, AMZN, AMD: Is There More Upside Left in These Buzzing Reddit Stocks?
Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Advanced Micro Devices (NASDAQ:AMD) are among the widely discussed stocks on the social media platform Reddit. While these top technology stocks are buzzing on Reddit and have significantly gained mentions, they have appreciated quite a lot on a year-to-date basis. Despite...
2023-08-04 00:00:00+00:00
AAPL
GLOBAL MARKETS-Asian shares meander, dollar wobbles ahead of US payrolls
By Ankur Banerjee SINGAPORE, Aug 4 (Reuters) - Asian shares inched higher on Friday, while the dollar retreated from a one-month peak as investors assessed U.S. economic data that largely showed a resilient labour market and awaited a crucial non-farm payrolls report due later in the day. MSCI's broadest index of Asia-...
2023-08-04 00:00:00+00:00
AAPL
European stocks steady after three-day selloff
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Aug 4 (Reuters) - European stocks steadied on Friday after a three-day selloff as a strong forecast from retail giant Amazon and a host of other companies outweighed recent jitters around slowing global economic g...
2023-08-04 00:00:00+00:00
AAPL
Great News for Tesla Stock and Rivian Stock Investors as Ford Sends a Message
Fool.com contributor Parkev Tatevosian deciphers a message sent by Ford (NYSE: F) in its latest quarterlyearnings calland why it could be positive for Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) investors. *Stock prices used were the afternoon prices of Aug. 1, 2023. The video was published on Aug. 3, 2023. 10 stock...
2023-08-04 00:00:00+00:00
AAPL
Amazon Frankfurt-listed shares surge, Apple slides after results
Removes extraneous words in paragraph 3 LONDON, Aug 4 (Reuters) - Amazon AMZN.O shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares AAPL.O fell after the company forecast a continued slide in sales. Amazon AMAZN.F jumped 8.5% ...
2023-08-04 00:00:00+00:00
AAPL
European stocks stabilise ahead of US payrolls data
By Sruthi Shankar Aug 4 (Reuters) - European stocks steadied on Friday, after a recent selloff, as strong results from retail giant Amazon and a host of other companies outweighed recent jitters around slowing economic growth across the continent. The pan-European STOXX 600 index .STOXX edged up 0.1% after shedding abo...
2023-08-04 00:00:00+00:00
AAPL
Warren Buffett Has Bought Shares of This Company for 19 Consecutive Quarters -- and No, It's Not Apple
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has a way of captivating an audience. Since hosting Berkshire's first annual shareholder meeting in the cafeteria of an owned subsidiary in 1973, which drew a few dozen shareholders, the chance to hear the Oracle of Omaha speak now draws well over 30,000 ...
2023-08-04 00:00:00+00:00
AAPL
Helped By Strong Services Growth, Apple Earnings Just Returned to Growth
Though Apple's (NASDAQ: AAPL) top line in its fiscal third quarter was down 1% year over year, there was a lot to like about the quarter. Not only was this a narrower year-over-year decline than the previous quarter, but sales were better than management had anticipated and ahead of analysts' average forecast. Perhaps ...
2023-08-04 00:00:00+00:00
AAPL
US STOCKS-Amazon results boost U.S. futures ahead of jobs data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.24%, S&P 0.46%, Nasdaq 0.63% Aug 4 (Reuters) - U.S. stock index futures rose on Friday as Amazon's better-than-expected earnings trumped Apple's tepid sales forecast, while investors awaited the...
2023-08-04 00:00:00+00:00
AAPL
Amazon surges on 'game-changing' quarter, iPhone slump drags Apple
By Aditya Soni Aug 4 (Reuters) - Amazon.com shares AMZN.O surged 9% on Friday on signs that both its growth engines, e-commerce and cloud-computing, were faring well in an uncertain economy, helping shield the broader market from Apple's AAPL.O 1.5% slide after gloomy iPhone sales. The reports capped what has been a po...
2023-08-03 00:00:00+00:00
AAPL
GLOBAL MARKETS-Asian shares rise as investor focus turns to US payrolls
By Ankur Banerjee SINGAPORE, Aug 4 (Reuters) - Asian shares rose on Friday, while the dollar pulled back from a one-month peak as investors took stock of the slew of U.S. economic data that showed a resilient labour market ahead of a crucial non-farm payrolls report due later in the day. MSCI's broadest index of Asia-P...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Wall Street closes near flat as Treasury yields surge; Apple, Amazon to report
By Echo Wang Aug 3 (Reuters) - U.S. stocks closed nearly flat on Thursday after a choppy trading session, as investors weighed another rise in Treasury yields with the latest batch of economic data and earnings. The benchmark U.S. 10-year Treasury yield rose as high as 4.198% during the session, the highest since Novem...
2023-08-03 00:00:00+00:00
AAPL
Jobless Claims Come in Line With Expectations
This Thursday morning, Initial Jobless Claims came in exactly as expected at 227K, remaining in the low-cycle range on the past few weeks, and up 6000 new claims from the previous week’s unrevised 221K, which was the cycle low. Continuing Claims, reported a week in arrears from new claims, are also near cycle lows: 1.7...
2023-08-03 00:00:00+00:00
AAPL
Apple, Amazon, Airbnb Beat on Earnings, Sales
Market indices showed some promise after hitting session lows this morning, until a mid-day swoon led to slightly lower reads as they rang the bell this afternoon. Pretty flat, overall: the Dow -0.07%, the Nasdaq -0.11%, the S&P 500 -0.27% and the small-cap Russell 2000 -0.20%. We obviously remain down over the past we...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Wall Street closes near flat as Treasury yields surge
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Amazon surges in extended trade after results Gloomy Spirit, Expedia results drag travel stocks lower PayPal drops after weak Q2 margins Qualcomm tumbles on signaling more pain from smartphone slump Indexes: Dow ...
2023-08-03 00:00:00+00:00
AAPL
Apple profit tops Wall Street targets, strong services counter weaker iPhone
By Stephen Nellis Aug 3 (Reuters) - Apple AAPL.O on Thursday reported sales and profit that beat Wall Street expectations despite a decline in iPhone sales, with its signature device's strong performance in China helping the company navigate a global decline in the smartphone market. Apple said sales for the fiscal thi...
2023-08-03 00:00:00+00:00
AAPL
Apple Inc. Q3 Income Climbs, Beats estimates
(RTTNews) - Apple Inc. (AAPL) released a profit for its third quarter that increased from last year and beat the Street estimates. The company's earnings totaled $19.88 billion, or $1.26 per share. This compares with $19.44 billion, or $1.20 per share, in last year's third quarter. Analysts on average had expected the ...
2023-08-03 00:00:00+00:00
AAPL
After Hours Most Active for Aug 3, 2023 : AMZN, AAPL, ELAN, TQQQ, QQQ, SU, SQQQ, ZYME, PAG, PFE, SQ, UGI
The NASDAQ 100 After Hours Indicator is up 24.6 to 15,378.14. The total After hours volume is currently 94,140,876 shares traded. The following are the most active stocks for the after hours session: Amazon.com, Inc. (AMZN) is +9.7 at $138.61, with 14,907,210 shares traded. Smarter Analyst Reports: Amazon Expects FTC...
2023-08-03 00:00:00+00:00
AAPL
Investors Should Be Excited About This Stock Market Selloff
InvestorPlace - Stock Market News, Stock Advice & Trading Tips On Wednesday, the stock market suffered its worst drop since April after credit rating agency Fitch downgraded its rating on U.S. debt. This was the first such downgrade in over a decade. And in response, investors panicked, and stocks crashed. Ostensibly,...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Wall Street near unchanged, trading choppy as Treasury yields surge
By Echo Wang Aug 3 (Reuters) - The S&P 500.SPX held near the flat line in choppy trade on Thursday afternoon as investors weighed another rise in Treasury yields with the latest batch of economic data and earnings. The benchmark U.S. 10-year Treasury yield rose as high as 4.198% during the session, the highest since No...
2023-08-03 00:00:00+00:00
AAPL
American Express (NYSE:AXP): An Interesting Value Stock to Watch on Weakness
Shares of American Express (NYSE:AXP) have been gravitating lower again following a sub-optimal quarter and a notable downgrade courtesy of an analyst who sees student loan headwinds on the horizon. Undoubtedly, American Express stock was already a tough buy in the face of a potential economic recession. Consumer spend...
2023-08-03 00:00:00+00:00
AAPL
Will Apple and Amazon’s Earnings Justify Lofty Price Levels?
The markets will look to quarterly earnings results after today’s close from Apple (AAPL) and Amazon.com (AMZN) for market direction. Both stocks have rallied sharply recently, which is a significant reason why the S&P 500 Stock Index ($SPX) (SPY) is up more than +17% this year. However, with both stocks trading at e...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-S&P 500, Dow slip in volatile session as yields rise, earnings disappoint
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Moderna sees up to $8 bln in 2023 COVID shot sales, shares up Gloomy Spirit, Expedia results drag travel stocks lower PayPal drops after weak Q2 margins Qualcomm tumbles on signaling more pain from smartphone slu...
2023-08-03 00:00:00+00:00
AAPL
GLOBAL MARKETS-Shares stumble as US yields rise; pound flat after BoE hike
By Lawrence Delevingne and Tom Wilson Aug 3 (Reuters) - World share markets stumbled on Thursday as U.S. bond yields hit nine-month peaks, with the dollar shrugging off a U.S. credit downgrade to hit a four-week high and the British pound flat after an initial drop on the Bank of England raising rates. Wall Street adde...
2023-08-03 00:00:00+00:00
AAPL
Unusual Put Option Trade in Apple (AAPL) Worth $1,165.60K
On August 3, 2023 at 11:05:53 ET an unusually large $1,165.60K block of Put contracts in Apple (AAPL) was sold, with a strike price of $185.00 / share, expiring in 78 day(s) (on October 20, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.32 sigmas above the mean, placing it in t...
2023-08-03 00:00:00+00:00
AAPL
Apple Stock Price Outlook: The Road to $400 and Beyond
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Apple (NASDAQ:AAPL) stock buyers were fully in control during 2023’s first half. Can they follow through after a huge share-price rally, though? The answer is yes, especially with Apple expecting to maintain a robust production pace for its world-famous...
2023-08-03 00:00:00+00:00
AAPL
Compared to Estimates, Apple (AAPL) Q3 Earnings: A Look at Key Metrics
Apple (AAPL) reported $81.8 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 1.4%. EPS of $1.26 for the same period compares to $1.20 a year ago. The reported revenue represents a surprise of +0.54% over the Zacks Consensus Estimate of $81.36 billion. With the consensus EPS e...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Wall St slides on rising bond yields, mixed earnings
By Shubham Batra and Bansari Mayur Kamdar Aug 3 (Reuters) - Wall Street's main indexes slipped on Thursday as a jump in bonds yields, a mixed bag of corporate earnings and a slew of economic data pointing to stubborn inflation kept investors on edge. Market participants have been keeping a close watch on data as they f...
2023-08-03 00:00:00+00:00
AAPL
The Zacks Analyst Blog Highlights Apple, Amazon, MGK, BIGT, QQQ and AAPU
For Immediate Release Chicago, IL – August 3, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple AAPL, Amazon AMZN, Van...
2023-08-03 00:00:00+00:00
AAPL
GLOBAL MARKETS-Shares stumble as US yields rise; sterling dips after BoE rate hike
By Lawrence Delevingne and Tom Wilson Aug 3 (Reuters) - World share markets stumbled on Thursday as U.S. bond yields hit nine-month peaks, with the dollar shrugging off a U.S. credit downgrade to hit a four-week high and the British pound dipping after the Bank of England raised interest rates. Wall Street opened in ne...
2023-08-03 00:00:00+00:00
AAPL
Apple (AAPL) Q3 2023 Earnings: What to Expect
A pple (AAPL) stock has gone on an impressive run, rising some 50% year to date, almost three times the 18% gain in the S&P 500 index. Its shares have returned more than 30% just in the past six months, pushing the tech giant past a $3 trillion valuation. The market is clearly bullish on the company’s growth potential....
2023-08-03 00:00:00+00:00
AAPL
Jobs, Productivity Illustrate Strong Economy; WBD, SHAK Report
This Thursday morning, Initial Jobless Claims came in exactly as expected at 227K, remaining in the low-cycle range on the past few weeks, and up 6000 new claims from the previous week’s unrevised 221K, which was the cycle low. Continuing Claims, reported a week in arrears from new claims, are also near cycle lows: 1.7...
2023-08-03 00:00:00+00:00
AAPL
Billionaire Ken Fisher Calls Last 9 Months a "Midterm Miracle." Here's Where He Thinks the Stock Market Goes From Here
Ken Fisher knows a thing or two about investing. His father, Philip Fisher, wrote the classic book Common Stocks and Uncommon Profits. He has also written several investing bestsellers of his own. His Fisher Investments firm ranks as one of the largest money managers in the country. Fisher's current net worth stands at...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Wall St set to open lower as Treasury yields hit nine-month high
By Shubham Batra and Bansari Mayur Kamdar Aug 3 (Reuters) - Wall Street's main indexes were set to open lower on Thursday as a jump in bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares. Most megacap growth and technology stocks including Apple AAPL.O, Alp...
2023-08-03 00:00:00+00:00
AAPL
5 Reasons US Equity Markets Will Digest Gains Further
The year-to-date returns for the major US Market Index ETFs are as follows: Nasdaq 100 ETF (QQQ) +44.51% S&P 500 Index ETF (SPY) +20.27% Russell 2000 Index ETF (IWM) +12.56% Dow Jones Industrial Average (DIA) +6.53% Few investors likely predicted those returns late last year when inflation hit levels not seen in 40-yea...
2023-08-03 00:00:00+00:00
AAPL
Guru Fundamental Report for AAPL - Warren Buffett
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valua...
2023-08-03 00:00:00+00:00
AAPL
These Hot ETFs Could Heat Up More in August
The summer months sit squarely in the weaker six-month period for stocks, but that seasonality doesn’t appear to be affecting stocks, as broad market benchmarks are currently on multi-month winning streaks. That includes the Nasdaq-100 Index (NDX), which as of the end of July, is higher by 44% year-to-date. Obviously, ...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Wall St futures slip as Treasury yields hit nine-month high
By Shubham Batra and Bansari Mayur Kamdar Aug 3 (Reuters) - U.S. stock index futures fell on Thursday as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares and set Wall Street up for another round of selloff. Fitch's action hit the appetite ...
2023-08-03 00:00:00+00:00
AAPL
AAPL Earnings Today: Here’s What to Expect from the iPhone Maker in Fiscal Q3
Tech behemoth Apple (NASDAQ:AAPL) is scheduled to announce its fiscal third-quarter results after the market close on Thursday, August 3. The iPhone maker is facing a slowdown in the smartphone market and any unfavorable commentary about the outlook for the fiscal fourth quarter could weigh on the stock. Fiscal Q3 Expe...
2023-08-03 00:00:00+00:00
AAPL
US STOCKS-Futures extend slide as Treasury yields hit 9-month high
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.26%, S&P 0.30%, Nasdaq 0.38% Aug 3 (Reuters) - U.S. stock index futures fell on Thursday as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pr...
2023-08-03 00:00:00+00:00
AAPL
Russia fines Apple for not deleting 'inaccurate' content on Ukraine conflict -TASS
This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine Adds Apple no comment in paragraph 3, background in paragraphs 5-6 MOSCOW, Aug 3 (Reuters) - A Moscow court fined Apple AAPL.O 400,000 roubles ($4,274) on Thursday for not deleting "inaccurate" content about w...
2023-08-03 00:00:00+00:00
AAPL
Apple Q3 23 Earnings Conference Call At 5:00 PM ET
(RTTNews) - Apple Inc. (AAPL) will host a conference call at 5:00 PM ET on August 3, 2023, to discuss Q3 23 earnings results. To access the live webcast, log on to https://investor.apple.com/investor-relations/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not neces...
2023-08-03 00:00:00+00:00
AAPL
GLOBAL MARKETS-Shares stumble as US yields rise
By Tom Wilson and Stella Qiu LONDON/SYDNEY, Aug 3 (Reuters) - Share markets stumbled on Thursday as U.S. bonds yields hit nine-month peaks, helping the dollar to shrug off a U.S. credit downgrade to hit a four-week high against its major peers. European shares.STOXX slipped 1.1% after falling on Wednesday to two-week l...
2023-08-03 00:00:00+00:00
AAPL
India restricts import of laptop, computers to push local manufacturing
Adds details, comments NEW DELHI, Aug 3 (Reuters) - India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing. "Their import would be allowed against a valid licence for restricted imports," the notic...
2023-08-03 00:00:00+00:00
AAPL
GLOBAL MARKETS-Asian shares stumble as US yields advance, dollar buoyant
By Stella Qiu SYDNEY, Aug 3 (Reuters) - Asian shares stumbled on Thursday as U.S. bonds yields hit nine-month peaks and pushed the dollar higher, while investors waited anxiously to see if results from Apple and Amazon justified the tech sector's sky-high valuations. Europe looked set for a subdued opening, with EUROST...
2023-08-03 00:00:00+00:00
AAPL
Better Artificial Intelligence Stock: Apple vs. Microsoft
Whether you're a casual investor or trade professionally, you have likely heard about the boom in artificial intelligence (AI). Last November, the launch of OpenAI's ChatGPT renewed interest in AI and caused many experts to rethink what is possible with the technology. According to data from Grand View Research, the $1...
2023-08-02 00:00:00+00:00
AAPL
Mediocre Earnings After the Bell; Selloff Continues
Markets had a hard time today reconciling the first U.S. credit rating downgrade in 12 years, when Fitch Ratings — one of the “big three” credit rating agencies — lowered its rating from the usual AAA to AA+. The reason for the move is the same as it was a dozen years ago: Congress is kicking the can on increasing its ...
2023-08-02 00:00:00+00:00
AAPL
US STOCKS-Wall Street ends down, investors step back after Fitch US rating cut
By David French Aug 2 (Reuters) - Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating. Fitch downgraded the United States to AA+ from AAA la...
2023-08-02 00:00:00+00:00
AAPL
Floods test China's disaster-response systems as emergency level raised
Recasts with flood management details BEIJING, Aug 3 (Reuters) - China's disaster-response systems are being put to the test as floodwaters from record rainfall could take weeks to recede with thousands of people still unable to return to their homes, state media reported on Thursday. Authorities in northern Hebei prov...
2023-08-02 00:00:00+00:00
AAPL
GLOBAL MARKETS-Asian shares hesitant after Wall Street sell-off, dollar buoyant
By Stella Qiu SYDNEY, Aug 3 (Reuters) - Asian shares were subdued on Thursday after Fitch downgraded U.S. sovereign debt sparking profit-taking, with investors now shifting focus to Bank of England's rate decision and earnings from Apple and Amazon. Both S&P 500 futures ESc1 and Nasdaq futures NQc1 added 0.2%, followin...
2023-08-02 00:00:00+00:00
AAPL
Wall Street drops, investors step back after Fitch downgrades US
By David French and Bansari Mayur Kamdar Aug 2 (Reuters) - Wall Street dropped on Wednesday, as investors embarked on a round of profit-taking in response to the move by rating agency Fitch to downgrade the U.S. government's credit rating. Fitch downgraded the United States to AA+ from AAA, citing expected fiscal deter...
2023-08-02 00:00:00+00:00
AAPL
AI chip firm Tenstorrent raises $100 mln from Hyundai, Samsung
By Stephen Nellis Aug 2 (Reuters) - Tenstorrent, a Canadian startup headed by chip industry veteran Jim Keller that is developing artificial intelligence chips, said on Wednesday it has raised $100 million from Hyundai Motor Group 005380.KS and a Samsung 005930.KS investment fund, among others. Tenstorrent, which befor...
2023-08-02 00:00:00+00:00
AAPL
Qualcomm forecasts dull fourth-quarter revenue on weak smartphone demand
Adds share movement in paragraph 5 Aug 2 (Reuters) - Qualcomm QCOM.O forecast fourth-quarter revenue below market expectations on Wednesday as consumer spending on gadgets like smartphones remained stubbornly weak amid slowing global economic growth. Demand for consumer electronics has also been hampered by a slower-th...
2023-08-02 00:00:00+00:00
AAPL
JP Morgan Maintains Apple (AAPL) Overweight Recommendation
Fintel reports that on August 2, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. Analyst Price Forecast Suggests 1.14% Upside As of August 1, 2023, the average one-year price target for Apple is 198.70. The forecasts range from a low of 141.40 to a high of $252.00. The avera...
2023-08-02 00:00:00+00:00
AAPL
PayPal's underwhelming margin eclipses gains from upbeat consumer spending
Rewrites throughout with details from results, adds shares Aug 2 (Reuters) - PayPal Holdings PYPL.O missed its estimate for second-quarter operating margin on Wednesday, casting a pall over resilient consumer spending trends, sending the payments firm's shares down nearly 8% in extended trading. Underwhelming margins a...
2023-08-02 00:00:00+00:00
AAPL
After Hours Most Active for Aug 2, 2023 : IGSB, QQQ, AAPL, PYPL, BAC, SHOP, ELAN, BMY, TLT, JBLU, BTU, SU
The NASDAQ 100 After Hours Indicator is down -14.83 to 15,355.91. The total After hours volume is currently 77,753,866 shares traded. The following are the most active stocks for the after hours session: iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is unchanged at $50.06, with 4,592,365 shares traded. ...
2023-08-02 00:00:00+00:00
AAPL
US STOCKS-Wall Street ends lower as investors step back after Fitch downgrades US
By David French Aug 2 (Reuters) - Wall Street closed down on Wednesday, with the S&P 500 and Nasdaq Composite lower for a second straight day, with investors taking profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating. Fitch downgraded the United States to AA+ from AAA...
2023-08-02 00:00:00+00:00
AAPL
Notable Wednesday Option Activity: PINS, GKOS, AAPL
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Pinterest Inc (Symbol: PINS), where a total of 132,922 contracts have traded so far, representing approximately 13.3 million underlying shares. That amounts to about 128.5% of PINS's average daily trading volume...
2023-08-02 00:00:00+00:00
AAPL
Apple's high-yield savings account hits over $10 bln in customer deposits
Aug 2 (Reuters) - Apple’s AAPL.O high-yield savings account offered by its partner Goldman Sachs GS.N has reached over $10 billion in customer deposits, the technology giant said on Wednesday. The deposit account, which was launched in April, lets Apple Card users earn an annual percentage yield of 4.15% on savings acc...
2023-08-02 00:00:00+00:00
AAPL
Apple Stock: Buy or Sell Ahead of This Week's Earnings Report?
Apple (AAPL) is scheduled to report its fiscal Q3 earnings after the close this Thursday, Aug. 3. The stock has soared 48% this year, which has lifted its market cap above $3 trillion - and investors should keep a close eye on the upcoming earnings to gauge whether the Cupertino-based company can back up its bullish pr...
2023-08-02 00:00:00+00:00
AAPL
3 Top Tech Stocks to Buy in August
The tech market has been in recovery mode this year after an economic downturn caused a sell-off in 2022. Easing inflation and advances in technology, such as artificial intelligence (AI), have Wall Street particularly bullish. As a result, now is an excellent time to consider expanding your tech holdings before it's t...
2023-08-02 00:00:00+00:00
AAPL
Stocks Hit ‘Escape Velocity,’ Blasting Into a New Bull Market
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Back in October 2022, when this stock market rally got started, very few investors believed in it. Ten months later, though, that’s no longer the case. And we think the bull market bandwagon is about to get even bigger as stocks hit “escape velocity.” Orig...
2023-08-02 00:00:00+00:00
AAPL
Why Apple (AAPL) Might Surprise This Earnings Season
Investors are always looking for stocks that are poised to beat at earnings season and Apple Inc. AAPL may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Apple is seeing favorable earnings estimate revision activity as of late, ...
2023-08-02 00:00:00+00:00
AAPL
3 Things About Apple That Smart Investors Know
As the world's most valuable company with a market cap of over $3 trillion, it might feel like the best time to buy Apple's (NASDAQ: AAPL) stock has long passed. However, the company's shares have risen 56% year-to-date and 310% in the last five years, proving it continues to offer investors consistent gains. Meanwhile...
2023-08-02 00:00:00+00:00
AAPL
Apple, Amazon and 3 Other Key Earnings Charts
It’s another extremely busy earnings week with over 1,000 companies expected to report second quarter results. But there are several “big” earnings reports that everyone will be tuning into, including two of the Magnificent 7, Amazon and Apple. Apple, Amazon and these 3 other companies are among the most popularly held...
2023-08-02 00:00:00+00:00
AAPL
US STOCKS-Wall St falls after Fitch downgrades top-tier US rating
By Johann M Cherian and Bansari Mayur Kamdar Aug 2 (Reuters) - Wall Street fell on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world. Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next thr...
2023-08-02 00:00:00+00:00
AAPL
Apple, Amazon to Report Earnings: ETFs in Spotlight
The two of the world's largest corporations — Apple AAPL and Amazon AMZN — are in the spotlight as both are set to release earnings on Aug 3. Apple stock has soared nearly 50% this year, recently breaching $3 trillion in market cap and is trading near an all-time high. Meanwhile, Amazon has climbed about 57% this year...
2023-08-02 00:00:00+00:00
AAPL
3 Things to Love About Roku's Earnings
After watching their shares lose 90% of their value through the start of this year, investors would have been forgiven for writing off Roku Inc (NASDAQ: ROKU) once and for all. The well-known digital media and streaming company had seen its stock soar during the pandemic, but it proved unable to maintain the lofty valu...
2023-08-02 00:00:00+00:00
AAPL
INSIGHT-World battles to loosen China's grip on vital rare earths for clean energy transition
By Ernest Scheyder and Eric Onstad Aug 2 (Reuters) - Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. The world's two biggest rare earths companies outside of China are facing challenges turning rock from their mines into the building blocks for magnets used across the glob...
2023-08-02 00:00:00+00:00
AAPL
Zacks Investment Ideas feature highlights: AT&T, Apple, Verizon and Occidental Petroleum
For Immediate Release Chicago, IL – August 2, 2023 – Today, Zacks Investment Ideas feature highlights AT&T T, Apple AAPL, Verizon VZ and Occidental Petroleum OXY. 3 Tips on How to Steer Clear of "Value Traps" What is a "Value Trap"? In Wall Street circles, a "value trap" refers to a situation where investors are drawn ...
2023-08-02 00:00:00+00:00
AAPL
Major global firms warn of slow China sales as post-pandemic surge fades
Adds Kerry and DHL detail and analyst comment in paragraphs 6-10, 13-15 Aug 2 (Reuters) - Global firms from consumer goods giant Unilever ULVR.L to automaker Nissan 7201.T and machinery maker Caterpillar CAT.N have warned of slowing earnings in China as the world's second-largest economy loses its post-pandemic bounce....
2023-08-02 00:00:00+00:00
AAPL
PREVIEW-Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
By Yuvraj Malik Aug 1 (Reuters) - Apple AAPL.O is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. The world's most valuable fir...
2023-08-01 00:00:00+00:00
AAPL
Apple Stock: Headed to $220?
Despite already rising more than 50% this year, one analyst thinks shares of Apple (NASDAQ: AAPL) have plenty of upside remaining over the next 12 months. More specifically, Piper Sandler analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for t...
2023-08-01 00:00:00+00:00
AAPL
3 Stocks That Need to Follow Elon Musk’s Rebranding Moves
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I don’t know if you’ve been following the Elon Musk rebranding of Twitter. He’s now calling it “X” and plans to turn the social media platform into a super app where you can do just about everything. “In the months to come, we will add comprehensive communi...