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2 mins read

Apple extends record-setting rally to 4th day as investors cheer expanded iPhone production and push into 'buy now, pay later'

Apple is now hovering near a $2.5 trillion market capitalization for the first time ever.

Emily Graffeo   


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Apple's market value grows by $102 billion after report says the company aims to produce electric cars by 2024

The tech giant is reportedly developing battery innovations to improve vehicle safety, packaging, a…

Ben Winck   


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2 mins read

Apple will climb 29% from current levels as the iPhone 12 5G kicks off the strongest product cycle in 6 years, says Wedbush

Analysts from Wedbush Securities just upped their Apple 12-month price target to $160 from $150.

Emily Graffeo   


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Apple falls as disappointing sales outlook outweighs record profits

Apple posted record quarterly profits of $28.76 billion in their first fiscal quarter, but a disapp…

Will Daniel   


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3 mins read

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

The tech giant reported revenue and earnings on Thursday afternoon that beat estimates, but shares …

Ben Winck   


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5 mins read

'Valuation leaves little room for error': Here's what 4 Wall Street banks expect from Apple's fiscal 4th-quarter earnings report

While iPhone 12 sales won't show up in Thursday's report, investors and analysts will closely monit…

Ben Winck   


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3 mins read

A 'drop the mic' quarter: 3 Apple stock analysts explain why they're boosting price targets after a monster 2nd-quarter earnings report

"Our original view that the iPhone cycle would disappoint in the midst of COVID was clearly wrong,"…

Carla Mozée   


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Apple sees $81 billion in market value erased as it unveils its first 5G iPhones

Expectations were high for the "once in a decade" event, Wedbush analyst Dan Ives said, as 350 mill…

Ben Winck   


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4 mins read

The global chip shortage is set to drag on. 4 experts predict how long it could last and how it could affect markets

The global chip shortage has slowed the production of critical tech and could be a national securit…

Will Daniel   


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2 mins read

Apple still not as expensive as rivals even with $2 trillion market cap, Morgan Stanley says

The analysts' bull case sees Apple stock surging 37% and adding roughly $1 trillion to its record m…

Ben Winck   


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1 min read

Apple's stock is the biggest short for investor Dan Niles amid worries about China's iPhone ban

The Satori Fund manager also cited rising competition from Huawei and the resumption of student loa…

Zahra Tayeb   


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Apple is a 'best idea' pick that can rally up to 86% as tech stocks rebound, Wedbush says

Early iPhone 13 supply-chain estimates and continued strength in Asia can lift shares as high as $2…

Ben Winck   


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Bank of America downgrades Apple stock after earnings rally hits risk-reward case

The team of analysts dropped their rating for Apple shares to "neutral," citing pressure on Service…

Ben Winck   


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5 mins read

'All rests on the iPhone 12 supercycle': Here's what 5 analysts expect from Apple's quarterly earnings

Most firms see Apple beating sales and profit estimates, but some are more focused on commentary ar…

Ben Winck   


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Avoid Apple stock as coronavirus uncertainties weigh on iPhone launch, Goldman Sachs says

A one-month delay for the fall iPhone launch could drive a 7% hit to revenue and a 6% decline in ea…

Ben Winck   


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Apple has a new Street-high price target — and the bullish analyst sees shares leaping 17% on 'massive' iPhone 12 demand

Supply chain normalization and "massive pent up" demand for new iPhones keep hopes of a "5G super c…

Ben Winck   


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1 min read

A 40% rout in Apple bonds is signaling trouble for bank balance sheets with big debt holdings, markets guru Larry McDonald says

Larry McDonald suggested that if Apple can take a hit for higher interest rates, mortgage-backed de…

Zahra Tayeb   


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2 mins read

Chewy's founder piled most of a $3.4 billion fortune into just 2 stocks after selling the company

While Ryan Cohen's Wells Fargo stake slid, his heavier concentration in Apple shares has powered hi…

Ben Winck   


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These are the top 10 holdings of the Mormon Church's $49 billion stock portfolio

The Church of Jesus Christ of Latter-day Saints' has an investment portfolio topping $100 billion t…

Matthew Fox   


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Apple sees market value grow $88 billion after report says iPhone production will climb 30% in the first half of 2021

The improved production forecast signals sales of Apple's iPhone 12 lineup outperformed despite the…

Ben Winck