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Wall Street's main stock indexes gained on Friday after data pointing to slowing job growth and an uptick in the unemployment rate boosted investor expectations that the Federal Reserve was done with its monetary policy tightening campaign.

Global stock indexes rose, the dollar weakened and benchmark 10-year U.S. Treasury yields fell to five-week lows on Friday after data showed U.S. job growth slowed more than expected in October, underscoring views that the Federal Reserve may be done hiking interest rates.

In early trading on Friday, shares of Goldman Sachs Group topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.7%. Year to date, Goldman Sachs Group Inc has lost about 6.2% of its value.

Revenue rather than EPS, the makeup of the revenue, forward guidance, and market positioning are parts of the answer that I give when I am asked why stocks so often drop on good earnings

Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a U.S. jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve.

Wall Street's three main indexes gained on Friday after data pointing to slowing job growth and an uptick in the unemployment rate boosted investor expectations that the Federal Reserve was done with its monetary policy tightening campaign.

Apple Inc. AAPL reported solid fourth-quarter fiscal 2023 results, wherein it beat estimates on both earnings and revenues. The company’s iPhone sales hit a new record in the fiscal fourth quarter. However, it is overshadowed by a

Wall Street's main indexes opened higher on Friday after data pointing to slowing job growth boosted expectations that the Federal Reserve was done with its rate hikes, while Apple shares slipped on a weak holiday-quarter forecast.

Technology stocks were edging higher premarket Friday as the Technology Select Sector SPDR Fund (XLK) was 0.5% lower and the SPDR S&P Semiconductor ETF (XSD) was up 0.4% recently.

Wall Street was set for a higher open on Friday after data pointing to slowing job growth and an uptick in the unemployment rate boosted investor expectations that the Federal Reserve was done with its monetary policy tightening campaign.

The NASDAQ 100 Pre-Market Indicator is up 43.01 to 14,962.56. The total Pre-Market volume is currently 29,674,889 shares traded.The following are the most active stocks for the pre-market session: Werewolf Therapeutics, Inc. (HOWL) is +0.68 at $2.83, with 3,672,106 shares traded

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum an

What the combined data says about the vector and velocity of the economy, wage pressure, and inflation in the Service economy will influence how the market finishes the week.

Futures tracking the S&P 500 and the Nasdaq slipped on Friday, pressured by a drop in Apple's shares following a dour holiday-quarter forecast, while investors awaited a crucial employment report for more cues on the interest rate trajectory.

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Apple fell 3% on Friday after it disappointed Wall Street with a forecast that indicated growth will stay subdued in the quarter where the holiday season usually drives its strongest sales.

Let's say you came into $5,000. How would you spend it? A vacation? A top-of-the-line 77-inch OLED television? Perhaps some jewelry?

U.S. stock index futures slipped on Friday, pressured by a drop in Apple shares following a dour holiday-quarter forecast, while investors awaited a crucial employment report for more cues on the interest rate trajectory.

Stocks were headed for their biggest weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in U.S. interest rate hikes.

Apple ( NASDAQ:AAPL ) delivered  better-than-expected Q4 earnings. However, shares of the iPhone maker are down about 3.38% in Thursday’s after-hours of trading as its Holiday sales outlook disappointed investors. Nonetheless,  Goldman Sachs analyst Mike Ng believes investors shouldn’t fret over the lower-than-expected December quarter sales guidance, as the ongoing strength in the Services segment and benefits from a higher iPhone price/mix will support its growth.  The analyst highlighted that the lower-than-expected Q1 guidance is due to the timing of the product launches. The analyst believes that Apple will launch new models of iPads late in 2024, which may impact Q1 sales. Meanwhile, tough year-over-year comparisons will weigh on the sales of wearables and accessories. Mike Ng reiterated a Buy on Apple stock and increased the price target to $227 from $213.  Further, investors should note that Apple’s December quarter sales are projected to stay flat despite having one less week than the prior year. Notably, the December quarter this year has 13 weeks, whereas the prior-year quarter had 14 weeks. The one extra week “added approximately 7 percentage points to the quarter's total revenue,” said  Luca Maestri, Apple’s CFO. With this backdrop, let’s delve into Apple’s December quarter outlook.  Apple: Q1 Outlook  Apple expects its top line to stay flat compared to the prior year in Q1. This implies that the company could deliver total net sales of about $117.2 billion in the first quarter of Fiscal 2024 (ending December 31). The guidance fell significantly short of analysts’ expectations of $123.1 billion.  Apple anticipates iPhone and Mac revenues to improve in Q1. However, weakness in the iPad, and Wearables, Home and Accessories segments will remain a drag.  Nonetheless, Apple remains upbeat about Services revenue. The company projects its average revenue per week to grow at a similar strong double-digit rate as it did during the September quarter in the Services segment. Further, the company expects its gross margins to be between 45% and 46%, compared to 43% in the prior year quarter. Is Apple Stock Expected to Rise? Apple stock is expected to rise by 14.52% based on Wall Street analysts’ average 12-month price target of $203.35. Meanwhile, analysts remain cautiously optimistic about Apple stock due to the weakness in the iPad and Wearables, Home and Accessories segments. Overall, it has received 22 Buys and nine Holds for a Moderate Buy consensus rating.  It’s worth highlighting that most of the price targets and recommendations for AAPL stock were issued before the Q4 financial result announcement. Consequently, investors can expect a potential revision in the price targets.  Bottom Line Apple’s top and bottom lines are expected to benefit from the solid momentum in the Services segment, the growing installed base of active devices, and increased sales of higher-priced iPhones as supply concerns ease. However, the near-term pressure in the iPad and Wearables division could pose challenges in the short term, as evidenced by the analysts’ Moderate Buy consensus rating.