As talks for Taiwan to access BioNTech SE's COVID-19 vaccine via two major Taiwanese companies reached a head last week, the German firm's Chinese sales agent put forward a template contract seeking access to Taiwanese medical records.
Apple (AAPL) plans to bolster its Apple TV+ streaming service with live sporting offerings. Citing The Information, Reuters reports that the iPhone maker is in early talks with the U.S. National Football League (NFL) as it looks to secure streaming rights for the league.
Apple is looking to make Apple TV+ home for NFL Sunday Ticket games. Currently, AT&T’s (T) DirecTV is the exclusive rights holder and reportedly pays $1.5 billion annually to broadcast the games.
According to Reuters, the NFL will likely consider a substantial price increase for any new arrangement. Apple and the NFL are yet to confirm or deny whether they are in talks. (See Apple stock charts on TipRanks)
In March, the NFL inked long-term media deals with Amazon (AMZN), Walt Disney’s (DIS) ESPN, ABC networks, ViacomCBS (VIAC), and Fox Corp (FOXA). Amazon is currently the exclusive partner for Thursday Night Football games. Apple’s latest push affirms its plans to strengthen its streaming services in a bid to attract more subscribers with live sports offerings.
JPMorgan analyst Samik Chatterjee recently reiterated a Buy rating on Apple but raised his price target to $170 from $165, implying 17.15% upside potential to current levels. Chatterjee noted that the stock has underperformed despite a strong volume outlook for the iPhone 12 series.
“The upside pressure on volumes for the iPhone 12 series, historical outperformance in the July-September time period heading into launch event, and further catalysts in relation to outperformance for iPhone 13 volumes relative to lowered investor expectations implies a very attractive set up for the shares in the second half of the year and thus expect AAPL shares to outperform the broader market materially in 2H21,” the analyst said.
Consensus among analysts is a Moderate Buy based on 20 Buys, 5 Holds, and 2 Sells. The average Apple price target of $158.27 implies 9.07% upside potential to current levels.
According to TipRanks’ Hedge Fund Trading Activity tool, confidence in AAPL is currently Neutral. The cumulative change in holdings across all 36 funds that were active in the last quarter was a decrease of 376.1K shares.
Taiwan's Foxconn and TSMC said on Monday they had reached deals to buy 10 million doses of Germany's BioNTech SE's COVID-19 vaccine, putting the total cost of the highly politicised deal at around $350 million.
Dividend stocks often have the reputation of being stodgy and boring compared to more growth-oriented investments in new or high-tech niches. That's true even though income-paying stocks tend to perform better over the long term. They provide immediate cash, too, that can be used
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There are 21,951,202 millionaires in the United States, according to Credit Suisse. That's a huge number, which means that it can happen to anyone.But how can you get there? Three Motley Fool contributors outline the steps necessary to help you join this elite crowd. They're not
Some investors might have the Bitcoin (CRYPTO: BTC) blues right now. Several of the most popular cryptocurrencies, including Bitcoin, crashed last week after the U.K. moved to block the world's biggest cryptocurrency exchange from operating in the country.
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The NASDAQ 100 After Hours Indicator is down -5.85 to 14,820.24. The total After hours volume is currently 41,974,109 shares traded.The following are the most active stocks for the after hours session: Alexion Pharmaceuticals, Inc. (ALXN) is unchanged at $184.20, with 3,681,064
The Vanguard Total World Stock ETF is seeing unusually high volume in afternoon trading Friday, with over 4.4 million shares traded versus three month average volume of about 1.7 million. Shares of VT were up about 1.2% on the day.
Apple Inc is in early talks with the U.S. National Football League (NFL) for the streaming rights of its Sunday Ticket games, The Information reported on Friday, citing people familiar with the matter.
The S&P 500 index clocked a new record high on Friday as economy-sensitive cyclical sectors including financials and energy rebounded after a selloff, recouping all its loses triggered by growth worries earlier in the week.
Strategy Analytics estimates that 5G smartphone shipments could hit 624 million units this year from just 269 million in 2020. There were almost 136 million 5G smartphones shipped in the first quarter of 2021, according to the research firm, and sales are likely to get stronger a
Last time, I covered stocks six through 10 in my top 10 cloud stocks. Today, I will finish the series with my top five high-conviction cloud stocks to buy on the next dip. These are high-growth software-as-a-service (SaaS) and cloud stocks that I currently hold in my $1.6 million
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Check Out These Value Stocks Amid The Volatility In The Stock Market TodayIn the stock market now, meme stocks have been getting all the attention through multifold returns in a short span of time. Just take a look at AMC Entertainment (NYSE: AMC). The cinema-chain operator saw i
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