Nasdaq AAPL Apple

The NASDAQ 100 After Hours Indicator is up 9.06 to 13,039.27. The total After hours volume is currently 74,856,718 shares traded.The following are the most active stocks for the after hours session: Stag Industrial, Inc. (STAG) is -0.1 at $34.90, with 11,719,722 shares traded. S

Qualcomm Inc forecast third-quarter revenue and profit below Wall Street estimates on Wednesday on worries it will take longer for the smartphone industry to exhaust the excess supply before fresh orders start flowing in.

Qualcomm Inc forecast third-quarter revenue and profit below Wall Street estimates on Wednesday on worries it will take longer for the smartphone industry to exhaust the excess supply before fresh orders start flowing in.

Apple’s AAPL second-quarter fiscal 2023 results, to be reported on May 4, are expected to reflect the impacts of the sluggishness in the Services business.The segment, which includes revenues from the App Store, Apple Music, iCloud, Apple Arcade, Apple TV+, Apple News+ an

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Ford CEO Jim Farley said Wednesday price cuts in the electric vehicle market "is a worrying trend" after the U.S. automaker dropped prices for its Mustang Mach-E in response to a series of reductions by rival Tesla.

Nvidia Corp short sellers have lost $5.09 billion so far this year as the stock has jumped more than 90%, according to financial data firm S3 Partners.

The Federal Open Market Committee (FOMC) is widely expected to pull the trigger on another 25-basis point (0.25%) rate hike today. But given three of the largest U.S. bank failures in recent months, will the Fed stay the course?

The world’s largest mega-cap technology stocks have been in the spotlight after reporting better-than-feared results that lifted market sentiment last week. Four of the five biggest tech players — Microsoft MSFT, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — came

Apple AAPL, the unequivocal king of the stock market reports earnings Thursday, May 4 after the market closes. As the world’s leading consumer products and technology company, Apple’s earnings act as an important bellwether for the broader economy.

In early trading on Wednesday, shares of Intel topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.8%. Year to date, Intel registers a 15.7% gain.

We're in the midst of the period when companies issue their financial reports for the quarter that ended March 31, and Wall Street pros and regular investors alike are keeping a close eye on the results. With inflation falling but still elevated, and interest rates higher than th

For Immediate ReleaseChicago, IL – May 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 financial markets. Stocks recently featured in th

Apple Inc will likely report a more than 4% drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business.

Apple ( NASDAQ:AAPL ) will announce its second-quarter financials on Thursday, May 4, 2023. Wall Street expects Apple’s top line to drop, reflecting the ongoing weakness in product sales. However, the momentum in Services revenue could continue to support overall sales.  Analysts Weigh In Analysts expect Apple to report  revenue of $92.91 billion in the second quarter, reflecting a year-over-year decline of about 4.5%. Momentum in Services sales and the easing of supply-chain headwinds and improvement in China could support overall revenue, but tough year-over-year comparisons and pressure on consumer spending due to high inflation and interest rates will likely hurt Mac sales.  Monness analyst  Brian White expects AAPL’s Q2 revenue to decrease by 6%. In a note to investors dated May 1, White expects iPhone sales to improve compared to Q1. However, he sees iPhone revenue declining by 4% year-over-year. The analyst projects a 43% drop in Mac revenue, reflecting weak consumer spending trends and normalization in demand post the easing of COVID-led lockdowns.  Nonetheless, White forecasts a 7% growth in Apple’s Services sales, reflecting a growing installed base of active devices and an increase in paid subscriptions.  Along with White, Goldman Sachs analyst  Mike Ng sees a 3% drop in Apple’s Q2 revenues. On April 24, the analyst said he expects a 5% fall in AAPL’s product revenues. However, he expects iPhone sales to offset the weakness in Mac revenue. Given the ongoing pressure on its top line, analysts project AAPL’s earnings to decline in Q2. Wall Street expects AAPL to  post earnings of $1.43 a share in Q2, compared with an EPS of $1.52 in the prior year’s quarter.  Is Apple a Buy, Sell, or Hold?     Apple stock has gained about 30% year-to-date. Further, analysts maintain their bullish outlook on AAPL stock. It has received 21 Buy, four Hold, and one Sell recommendations ahead of Q2, reflecting a Strong Buy consensus rating.  The analysts’ average price target of $175.05 implies 3.86% upside potential.  Bottom Line  While Apple’s top line is projected to decline in Q2, iPhone sales could show improvement. Further, the easing of supply-chain headwinds and ongoing strength in the Services segment bodes well for growth. Apple could also provide a favorable update on share buybacks or dividends, which could act as a catalyst.  Disclosure

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The ever-developing nature of the tech market makes it one of the most reliable ways to enjoy consistent gains. In fact, the Nasdaq-100 Technology Sector index rose 340% over the last decade, with many companies enjoying substantially larger rises in that time.