Nasdaq AAPL Apple

Garmin GRMN added an ECG App to its AMOLED edition smartwatch offerings, namely the epix Pro series, fenix 7 Pro series, Venu 3 series and tactix 7 smartwatches.Notably, the FDA-cleared ECG app enables users to record heart rhythm

Managing your own stock portfolio has never been easier. Thanks to the advent of low-cost and tax-efficient exchange-traded funds (ETFs), investors can instantly gain exposure to a basket of companies operating in cutting-edge areas like artificial intelligence (AI), self-driving

Shares of American Express Company AXP lost 5.4% after the company reported third-quarter 2023 revenues of $15.38 billion, missing the Zacks Consensus Estimate of $15.41 billion.Shares of Apple Inc. AAPL slid 1.5% on the continued

The "Magnificent Seven" typically refers to the 1960 Western film, but today’s stock market investors recognize the term as the set of seven big tech stocks, namely Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, Nvidia N

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.29% at a 4-3/4 month low, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.30% at 4-1/2 month low. Stock index futures this morning are following other global equity markets lower after the 10-year T-note yield...

Social media giant Meta Platforms ( NASDAQ:META ) is scheduled to announce its third-quarter results after the stock market closes on Wednesday, October 25. META stock has rallied over 156% year-to-date, as the company impressed investors with an impressive rebound in its performance in the first half of 2023. Several analysts expect a solid growth in Meta’s earnings, backed by recovery in digital ad spending and the company’s cost control measures. Q3 Expectations for Meta Indicate Strong Growth After suffering from weak digital ad spending due to macro pressures and the adverse impact of Apple’s ( NASDAQ:AAPL ) iOS privacy policy changes, Meta’s top-line rebounded well in the first half of 2023. In particular, Q2 2023 revenue grew 11% to about $32 billion. Further, the company’s focus on cost-cutting and streamlining drove a 21% rise in earnings per share (EPS) to $2.98. Back in July, Meta guided for third-quarter revenue in the range of $32 billion to $34.5 billion, which reflects year-over-year growth of at least 15%.  Analysts expect the company’s revenue to increase by over 21% to nearly $33.6 billion. Additionally, they project a massive jump in Q3 EPS to $3.64 from $1.64 in the prior-year quarter, fueled by strong revenue growth and margin expansion. Analysts’ Comments Ahead of Meta’s Q3 Earnings On October 20, Bank of America analyst Justin Post reiterated a Buy rating on META stock with a price target of $375. Commenting on the upcoming results, the analyst said that he expects the company to continue to benefit from solid revenue trends, with checks by his firm indicating recovery in the digital ad market, increasing Reels monetization, and favorable AI-driven ad growth. In particular, Post expects Q3 revenue of $33.5 billion and EPS of $3.79. He also expects the company to deliver a slight beat for the Daily Active Users (DAUs) metric.      The analyst expects a higher-than-anticipated Q4 2023 revenue growth outlook to be a key driver for Meta shares. He projects robust Q4 guidance compared to the sector, driven by favorable revenue trends, including AI-driven benefits for engagement.   Like Post, Citigroup analyst Ronald Josey also reaffirmed a Buy rating on Meta Platforms last week, with a price target of $385, saying that the stock continues to be his Top Pick. The analyst expects better-than-consensus results, supported by the company’s revitalized product roadmap and a strengthening digital ad market heading into the holiday season. Josey also highlighted greater visibility into next year’s ad budgets based on his firm’s checks. He believes that Instagram engagement growth is accelerating due to Reels usage and investments in its AI content discovery engine. On Sunday, Evercore analyst Mark Mahaney said that he sees the possibility of a modest upside to Q3 revenue estimates. His channel checks on the overall ad backdrop indicated stable to slightly accelerating spending trends, with advertisers having a consistently bullish sentiment on Meta’s momentum. Is Meta a Buy, Sell, or Hold? With 41 Buys and two Holds, Meta stock scores a Strong Buy consensus rating. Despite a stellar year-to-date rally, Wall Street expects Meta stock to rise further. The average price target of $376.42 implies about 22% upside potential.   Insights from Options Trading Activity TipRanks now presents options activity to help investors plan their trades ahead of earnings releases. Options traders are  pricing in a +/- 9.20% move on Meta’s earnings. META shares have averaged a negligible (0.11)% move in the last eight quarters. The stock rose 4.4% in reaction to Q2 2023 results. The anticipated move is determined by computing the at-the-money straddle of the options closest to the expiration after the earnings announcement. Learn more about TipRanks’ Options tool here. Conclusion Analysts are optimistic about Meta’s upcoming Q3 2023 results due to improving digital ad trends, growth in Reels, and the company’s cost-cutting efforts. Wall Street expects an upbeat outlook to drive further upside in META stock. Disclosure

For Immediate ReleaseChicago, IL – October 23, 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 fi

Futures tracking Wall Street's main stock indexes slumped on Monday as yields on the benchmark U.S. 10-year Treasury note hit a crucially watched 5% mark, sparking a selloff in megacap stocks.

The FlexShares Quality Dividend Defensive ETF (QDEF) was launched on 12/14/2012, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - All Cap Blend category of the market.

Making its debut on 12/01/2016, smart beta exchange traded fund iShares ESG Aware MSCI USA ETF (ESGU) provides investors broad exposure to the Style Box - All Cap Growth category of the market.

The Vanguard Dividend Appreciation ETF (VIG) made its debut on 04/21/2006, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Blend category of the market.

Chinese e-commerce platforms including JD.com, PDD Holdings' Pinduoduo and Alibaba's Taobao are offering big discounts on Apple's latest iPhone 15, with some going for up to 1,501 yuan ($205.14) below the retail price.

U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed.

For more than a half century, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has put on an investing clinic for Wall Street. Even though the Oracle of Omaha, as he's affably known, is just as fallible as any other investor, he's overseen a greater than 4,250,000

China's blue-chip share index closed at its lowest level in four-and-a-half years on Monday, with investors dumping tech sector stocks and others as global market jitters compounded lingering worries over domestic economic health.

Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to 900 yuan ($123) below the retail price.

Computing behemoth IBM (NYSE:IBM) is slated to report its Q3 2023 results on October 25 reporting on a quarter that is likely to have seen IT spending remain lackluster. We estimate that IBM’s revenue will come in at about $31.7 billion for the quarter, roughly in line with

Shares in Taiwan's Foxconn, a major supplier of Apple's iPhones, dropped as much as 3% on Monday after a report that the company is the subject of tax audits and land use probes in China.

TSMC's (NYSE: TSM) stock popped 4% on Oct. 19 after the chipmaking giant posted its third-quarter earnings report. Its revenue declined 15% year over year to $17.28 billion but exceeded analysts' expectations by $580 million. Its earnings per ADS slipped 28% in U.S. dollar terms

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