Nasdaq AAPL Apple

Ken Fisher knows a thing or two about investing. His father, Philip Fisher, wrote the classic book Common Stocks and Uncommon Profits. He has also written several investing bestsellers of his own. His Fisher Investments firm ranks as one of the largest money managers in the count

For Immediate ReleaseChicago, IL – August 3, 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 fina

Wall Street's main indexes were set to open lower on Thursday as a jump in bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares.

The Nasdaq-100 index climbed nearly 4% in July, increasing for the fifth consecutive month. The rise represents the longest period of monthly growth since August 2020. The index has soared 44% year to date, with Wall Street particularly bullish on booming markets such as artifici

The year-to-date returns for the major US Market Index ETFs are as follows:

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an

World share markets stumbled on Thursday as U.S. bonds yields hit nine-month peaks, with the dollar shrugging off a U.S. credit downgrade to hit a four-week high and the British pound dipping after the Bank of England raised interest rates.

Apple reports third quarter fiscal 2023 earnings results after the closing bell Thursday.

U.S. stock index futures fell on Thursday as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares and set Wall Street up for another round of selloff.

Whether you're a casual investor or trade professionally, you have likely heard about the boom in artificial intelligence (AI). Last November, the launch of OpenAI's ChatGPT renewed interest in AI and caused many experts to rethink what is possible with the technology.

September S&P 500 futures (ESU23) are down -0.26%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.35% this morning as U.S. bond yields hit 9-month peaks, while market participants looked ahead to earnings reports from U.S. tech mega-caps Apple and Amazon.

U.S. stock index futures fell on Thursday as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive stocks and set Wall Street up for another round of selloff.

A Moscow court fined Apple 400,000 roubles ($4,274) on Thursday for not deleting "inaccurate" content about what Russia calls a "special military operation" in Ukraine, the TASS news agency reported.

(RTTNews) - Apple Inc. (AAPL) will host a conference call at 5:00 PM ET on August 3, 2023, to discuss Q3 23 earnings results.

Share markets stumbled on Thursday as U.S. bonds yields hit nine-month peaks, helping the dollar to shrug off a U.S. credit downgrade to hit a four-week high against its major peers.

Tech behemoth Apple ( NASDAQ:AAPL ) is scheduled to announce its fiscal third-quarter results after the market close on Thursday, August 3. The iPhone maker is facing a slowdown in the smartphone market and any unfavorable commentary about the outlook for the fiscal fourth quarter could weigh on the stock. Fiscal Q3 Expectations from Apple Apple delivered better-than-anticipated fiscal second-quarter (March quarter) results, even as overall revenue declined 2.5% year-over-year to $94.8 billion. The company’s earnings per share (EPS) remained flat at $1.52. It’s worth noting that iPhone revenue increased 1.5% in Q2 FY23, despite a decline in sales of the broader smartphone industry.        However, the company witnessed weaker Mac and iPad revenues in the fiscal second quarter, partially due to parts shortage. These two product categories faced difficult comparisons, as the year-ago period was still gaining from a pandemic-induced spike in demand. Coming to Q3 FY23, analysts estimate revenue to decline about 1.5% year-over-year to $81.73 billion, while EPS is projected to fall 0.8% to $1.19. Analysts expect iPhone sales to fall in the June quarter. On Tuesday, Baird analyst William Power increased the price target for Apple to $204 from $180 and reiterated a Buy rating on the stock. Power anticipates “solid” Q3 FY23 results, though he pointed out that valuation is at nearly all-time highs. The analyst believes that the focus will be on the next iPhone cycle, noting that historically Apple “outperforms mildly” from August to mid-September. Heading into Q3 FY23 results, TD Cowen analyst Krish Sankar raised the price target for Apple to $220 from $195 on Tuesday, while reiterating a Hold rating. Sankar projects June quarter revenue to decline 2% year-over-year and the company to issue a 1% revenue growth outlook for the September quarter. The analyst highlighted that the fieldwork by his firm indicates that near-term iPhone builds remain stable, with next-gen iPhone units to be nearly flat in the second half of the calendar year 2023. He expects China and India market share gains to be favorable, while Mac and Wearables segments to experience “muted seasonality.” Meanwhile, TipRanks’ Website Traffic Tool indicates a downward trend, with visits to apple.com and other company websites plunging 76.42% year-over-year in Q3 FY23. Website visits were down 1.73% sequentially in the fiscal third quarter.   Technical Analysis Ahead of AAPL’s Q3 Earnings Heading into Fiscal Q3 results, technical indicators reveal that AAPL is a Buy. According to TipRanks’s easy-to-understand technical tool, AAPL’s 50-Day EMA (exponential moving average) is 185.43, while its stock price is $196.45, making it a Buy. Also, AAPL’s shorter duration EMA (20-day) signals that it is a Buy. Is Apple a Good Stock to Buy Right Now? Wall Street has a Strong Buy consensus rating on Apple based on 24 Buys and seven Holds. The average price target of $200.61 implies 2.1% upside potential. Shares have risen 51% so far in 2023. 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 3.44% move on Apple earnings. AAPL shares have averaged a 2.3% move in the last eight quarters. In particular, the stock rose about 5% following the Q2 FY23 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. Disclosure

India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing.

Asian shares stumbled on Thursday as U.S. bonds yields hit nine-month peaks and pushed the dollar higher, while investors waited anxiously to see if results from Apple and Amazon justified the tech sector's sky-high valuations.

The Wednesday "hump" may have passed, but the week is far from over as we head into this data-heavy day, with a Bank of England rate decision and Apple earnings topping the schedule. The BOE is leaning toward a 25 basis point hike after the inflation gods took some pity on the UK last month.

China's disaster-response systems are being put to the test as floodwaters from record rainfall could take weeks to recede with thousands of people still unable to return to their homes, state media reported on Thursday.