Markets

Confidence ‘has never been higher’ : Here’s what 4 Wall Street banks had to say about Apple’s fiscal 4th-quarter earnings

While investors balked at Apple’s worse-than-expected quarterly iPhone sales, analysts are looking past the September quarter and largely optimistic toward the company’s future. The tech giant reported revenue and earnings on Thursday afternoon that beat estimates, but its stock tumbled as phone sales disappointed shareholders. Analysts at major banks praised […]
Confidence ‘has never been higher’ : Here’s what 4 Wall Street banks had to say about Apple’s fiscal 4th-quarter earnings
Markets

Apple sheds 8% in worst day of trading since late March

Summary List Placement Apple shed as much as 8% on Thursday in its worst day of trading since late March. The technology company has shed nearly 9% since Tuesday. On Monday, Apple’s 4-for-1 stock split went into effect. Watch Apple trade live on Markets Insider. Read more on Business Insider. […]
Apple sheds 8% in worst day of trading since late March
Markets

Tesla shares jump 12% on first day of post-split trading

Tesla stock jumped as much as 12% in its first day of post-split trading on Monday. The electric vehicle maker announced August 11 that it would enact a 5-for-1 stock split, and started trading at the new price Monday. Still, the automaker’s rally hasn’t slowed down. Shares are up more […]
Tesla shares jump 12% on first day of post-split trading
Markets

Apple dethrones oil giant Saudi Aramco as the world’s most valuable company

Apple shares surged as much as 7% Friday following a blockbuster earnings report Thursday. The tech company’s market capitalisation briefly overtook Saudi Aramco’s Friday, dethroning the oil giant as the most valuable company in the world. Watch Apple and Saudi Aramco trade live on Markets Insider. Read more on Business […]
Apple dethrones oil giant Saudi Aramco as the world’s most valuable company
Markets

Here’s why 3 Wall Street analysts just boosted their Apple price targets

A group of Wall Street analysts this week updated their price targets for Apple, citing increased iPhone demand, iPhone services, and store reopenings. Shares of Apple dipped slightly Wednesday. Here’s why three Wall Street analysts boosted their price targets for Apple. Watch Apple trade live on Markets Insider. Read more […]
Here’s why 3 Wall Street analysts just boosted their Apple price targets
Markets

‘Tough pill to swallow for the bulls’: Here’s what 4 Wall Street analysts are saying about Apple’s coronavirus-stricken sales forecast

Apple shares sank in Tuesday trading after the company warned quarterly revenue would fall below initial estimates, but analysts aren’t fazed. Most research firms remain bullish toward the tech giant, praising its diversification of revenue streams, surging Services business, and upcoming 5G iPhone lineup. Revenue lost during the second quarter […]
‘Tough pill to swallow for the bulls’: Here’s what 4 Wall Street analysts are saying about Apple’s coronavirus-stricken sales forecast
Markets

Here are Warren Buffett’s top 15 favourite stocks

Warren Buffett is a billionaire mogul and the leader of Berkshire Hathaway. On Friday, Berkshire Hathaway released SEC filings showing which company stocks it bought, sold, and held in the fourth quarter of 2019. As a famous value investor, Buffett looks to invest in companies that are undervalued by the […]
Here are Warren Buffett’s top 15 favourite stocks
Markets

Apple hits new all-time high after iPhone demand shatters sales records

Apple stock leaped as much as 2.8% in early Wednesday trading, hitting a record high after the company topped estimates for its fiscal first quarter. The tech giant bested expectations for quarterly revenue and earnings, fuelled by robust iPhone sales and a rapidly expanding wearables business. The company’s fiscal second-quarter […]
Apple hits new all-time high after iPhone demand shatters sales records
Markets

Tesla just became the most-shorted stock in the US, again

Tesla’s stock has become the most-shorted in the US again, data from financial-analytics firm S3 Partners show. Short interest in Tesla swelled to $US14.5 billion as of Wednesday, taking the top spot from Apple, which had short interest of $US14.3 billion, according to S3 data. Tesla has been the top […]
Tesla just became the most-shorted stock in the US, again
Markets

5G growth, record Tesla deliveries, and streaming war fallout: These are one stock analyst’s top 10 predictions for tech in 2020

Top tech stocks including Facebook,Apple,Amazon,Netflix, and Google, commonly known as FAANG stocks, are poised to flex their muscles in 2020, according to Daniel Ives of Wedbush. A number of “transformational trends” such as 5G, cloud computing, autonomous cars, and streaming will be front and centre for Wall Street analysts, he […]
5G growth, record Tesla deliveries, and streaming war fallout: These are one stock analyst’s top 10 predictions for tech in 2020
Markets

Here are Warren Buffett’s top 13 favourite stocks

Warren Buffett, the leader of Berkshire Hathaway, is a long-time value investor who looks to invest in companies that are undervalued by the market. This year, however, Berkshire’s used some of its record $US128 billion cash pile to expand equity holdings instead of buy companies. That’s because “prices are sky-high […]
Here are Warren Buffett’s top 13 favourite stocks
Markets

Apple is now worth more than the entire US energy sector: BAML

Apple’s post-earnings surge pushed its market cap past that of the entire US energy sector, Bank of America Merrill Lynch analysts wrote Thursday. The tech giant closed Thursday with a $US1.17 trillion market cap, while the S&P 500 Energy index’s market cap dropped to a cumulative $US1.13 trillion. The analysts […]
Apple is now worth more than the entire US energy sector: BAML
Markets

Apple has a new fan on Wall Street — and this analyst says the company’s cash position and product innovation could drive a 14% gain in the stock over the next year

Apple got a new supporter on Wall Street on Wednesday, as RBC Capital Markets analyst Robert Muller initiated coverage of the iPhone maker. Muller gave Apple an “outperform” rating and $US295 price target, representing about a 14% premium from where shares traded on Wednesday. The analyst views the company’s ability […]
Apple has a new fan on Wall Street — and this analyst says the company’s cash position and product innovation could drive a 14% gain in the stock over the next year
Markets

Apple’s stock posted record highs after blockbuster earnings — but these 3 worries stood out on the analyst call

Apple’s fiscal fourth-quarter report offered little bad news, with sales and profits surpassing analyst expectations. CEO Tim Cook’s call with analysts offered additional detail around the company’s strong trends, but also included a few warnings for what may threaten Apple’s hot streak. Analysts’ concerns around foreign exchange losses, TV Plus […]
Apple’s stock posted record highs after blockbuster earnings — but these 3 worries stood out on the analyst call
Markets

Apple’s wearables business is now the size of a Fortune 200 company

In the face of slowing iPhone sales, Apple is quickly improving and expanding its other hardware products such as the Apple Watch and AirPods. According to UBS, Apple’s wearables segment is now the size of a Fortune 200 company on a trailing 12-month basis. The segment also contributed more revenue […]
Apple’s wearables business is now the size of a Fortune 200 company
Markets

Apple surges after the US delays tariffs on mobile phones and laptops

Shares of Apple spiked as much as 6% on Tuesday as part of a market-wide rally in major US stock indexes. The gains came after the Trump administration announced plans to delay planned tariffs until December on a number of Chinese imports including mobile phones and laptops. Investors and analysts […]
Apple surges after the US delays tariffs on mobile phones and laptops
« Previous Page