Nasdaq AAPL Apple

Huawei's [HWT.UL] China smartphone sales grew strongly in the third quarter as shoppers snapped up its Mate 60 series phones, two research firms said on Thursday, with one noting this was helping narrow the market share gap with top brands such as Apple.

A rebound in the advertising businesses of Google, Meta and Snap signaled that the growing adoption of artificial intelligence was drawing marketers to digital platforms even in an uncertain economy.

China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Shares of leading chipmakers Broadcom (NASDAQ: AVGO), Qualcomm (NASDAQ: QCOM), and Advanced Micro Devices (NASDAQ: AMD) were plunging today, down 3.5%, 4.2%, and 5.5%, respectively, as of 3:57 p.m. ET.

The NASDAQ 100 After Hours Indicator is up 2.39 to 14,384.03. The total After hours volume is currently 89,047,336 shares traded.The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is +0.58 at $350.92, with 5,898,414 shares tra

Apple ( NASDAQ:AAPL ) stock is stuck in the same rut it fell into back in August. Undoubtedly, a plethora of bad news has acted as an overhang on the stock, weighing it down by enough to make it one of the cheapest of the "Magnificent Seven" stocks, at least according to its trailing price-to-earnings (P/E) multiple. Things are looking grim from a macro vantage point, with rates on the 10-year Treasury note creeping higher, but that's not all. They're also looking quite grim for the latest iPhone 15, with many firms stepping forward, remarking on lackluster sales projections in China. Despite recent negativity, I remain incredibly bullish on Apple stock as the valuation seems modest given the long-term fundamentals, which remain strong. iPhone 15 Feels the Heat as Chinese Sales Look Sluggish Apple's iPhone 15 has seen notable, upgrade-worthy updates to its predecessor. That said, overheating concerns were a hot topic (sorry for the pun) that was quick to be raised by early consumers. Fortunately, Apple was quick to issue a hotfix in its latest iOS update for heat issues that were apparently software-related and not due to "compromises made in the thermal design," as Apple analyst Ming-Chi Kuo previously pointed out. Even with the heat issues out of the way, the iPhone 15 line is experiencing a slow start in China. This can be attributed to Huawei's advancements and previous reports of the Chinese government advising its staff against using iPhones at work. In any case, China has since denied any iPhone bans. And with Apple CEO Tim Cook reportedly meeting with the Chinese Commerce Minister, I'd argue there's a good chance that Cook could ease the tensions and help the iPhone 15 have a strong finish in China after a relatively slow start, according to analysts like those at Jefferies. For now, China concerns seem overblown, and Cook's charm is perhaps discounted. At around 29 times trailing P/E and around 26 times forward P/E, Apple certainly looks to be the value play of the "Magnificent Seven" batch, which has grown more expensive in recent months. Why Pay a High Multiple for a Slowly-Growing Company? If we're looking at the rear-view mirror and the immediate road ahead, then sure, Apple stock may struggle to break out to a new high. However, if you consider viewing Apple through a longer-term perspective, I do think the current valuation, which is on the high end even for Apple standards (Apple stock's five-year historical P/E lies at 25.8 times), will prove more than worthwhile. Though it seems like a long, long time ago that Apple unveiled its Vision Pro spatial computer (or mixed-reality headset, if you prefer), its release is just around the corner. And sales expectations seem modest at best. The real upside could lie in an unexpected surge in demand after enough Apple fanatics have had a chance to test one out in the Apple Store. When it comes to new tech, especially devices that cost more than $3,000, you really must try before you buy. Early signs suggest those who try the device will be blown away. Not many people have had the privilege of trying the Apple Vision Pro, but many of those who have (think tech reviewers and influencers like Marques Brownlee and iJustine) were impressed. There's a major difference between being just impressed and forking-out-$3,500-to-buy-the-device-on-the-spot level of impressed. Only time will tell how the Vision Pro fares. At this juncture, however, you'd be hard-pressed to find anybody on Wall Street who believes the device will have a material impact on the stock in the near future. Yes, it'll take time before Vision Pro has a chance to disrupt. The price tag is a major hurdle for all but the most affluent Apple consumer. Indeed, there were notable groans heard when Apple revealed the pricing of its headset back in June. For now, YouTube tech reviewer Marques Brownlee thinks the Vision Pro is a "rich person's toy" after giving the device a go for 30 minutes. However, as Apple shrinks the form factor and upgrades the hardware over time, it'll start becoming less of a toy and more of an essential product that a big chunk of Apple's billions of users may consider buying, perhaps within the next three years. Is AAPL Stock a Buy, According to Analysts? On TipRanks, AAPL stock comes in as a Moderate Buy. Out of 30 analyst ratings, there are 21 Buys and nine Hold recommendations. The  average Apple stock price target is $204.80, implying upside potential of 19.6%. Analyst price targets range from a low of $167.00 per share to a high of $240.00 per share. The Bottom Line on Apple Stock For an investor looking to put money to work for the next three years, Apple stock does certainly seem like a great value here, while it's trading at around $171 per share. In three years' time, I believe there's a good chance Apple stock could command an even higher multiple as we gain greater clarity from Vision Pro and its expedition into the virtual world. Finally, let's not forget about Apple's AI upside potential (Hey, Siri, when's the next big update?) as well as the continued progress of its A and M-series chips. Disclosure 

The tech sector stands out as a hub of innovation, drawing investors from all corners of the globe. It includes a broad spectrum of companies, ranging from software to hardware. This sector is vibrant, diverse, and vital to today’s economy. Tech giants like Apple (NASDAQ: A

The tech-heavy Nasdaq and the S&P 500 dropped on Wednesday as Alphabet slumped after its cloud division missed revenue estimates, while other mega-cap stocks were also pressured by rising U.S. Treasury yields.

For the most part, rising interest rates are negative for high-valued technology stocks. Higher interest rates make the present value of company future cash flows less valuable, and most technology companies are valued on the basis that a large chunk of their profits will come many years in the future....

Pre-market futures are mixed but sinking so far this morning, as morning Q3 earnings are more often beating on earnings but flat to slightly down from expectations on sales. We also see a 10-year Treasury yield creeping back up to

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $2.5 billion dollar inflow -- that's a 0.7% increase week over week

Apple on Wednesday increased the subscription prices of Apple TV+ and Apple News+, according to its website, the latest company to raise rates following similar moves by media giants.

Pre-market futures are mixed but sinking so far this morning, as morning Q3 earnings are more often beating on earnings but flat to slightly down from expectations on sales. We also see a 10-year Treasury yield creeping back up to

Apple Inc is raising the subscription prices of Apple TV+ and Apple News+, according to its website.

The Nasdaq and the S&P 500 slipped on Wednesday as tech giant Alphabet slumped after its cloud division missed revenue estimates, while post-earnings gains in Microsoft and Boeing helped lift the Dow.

The Nasdaq and the S&P 500 were set to open lower on Wednesday as tech giant Alphabet slumped after its cloud division missed revenue estimates, while other mega-cap stocks also edged lower pressured by rising U.S. Treasury yields.

Let's be honest: Not all investments turn out to be winners. It's simply a fact that some promising stocks will turn into lemons. And it's why investing in 25 or more companies is so important -- it helps spread your risk by diversifying your portfolio.

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor model seeks low volatility stocks that also have str