Nasdaq AAPL Apple

Traders sent longer-term U.S. Treasury yields lower on Wednesday for a second day as they positioned ahead of impending inflation data and a large auction, pushing the benchmark 10-year yield below 1.5% for the first time since May 7.

The growing market power of Amazon's Alexa, Apple's Siri and Alphabet's Google Assistant has triggered concerns of potential anti-competitive practices, EU antitrust regulators said on Wednesday.

Despite the Street's high expectations for Apple (NASDAQ: AAPL) going into its important annual Worldwide Developers Conference on Monday, the tech giant seems to have delivered -- at least based on the fact that shares not only didn't take a hit following the event but have actu

Intel (NASDAQ: INTC) is the leading manufacturer of central processing units (CPUs) for laptops, desktops, and data center servers. After launching the world's first microprocessor in 1971, Intel rose to prominence in the 1980s as its x86 chip architecture became the industry sta

A year-long inquiry into voice assistants such as Alexa and Siri and other internet-connected devices has led to among more than 200 companies expressing concerns of potential anti-competitive practices, EU antitrust regulators said on Wednesday.

Between its laboratory-ready gene sequencing instruments for research use and its high-throughput equipment for hospitals and diagnostics providers, Illumina (NASDAQ: ILMN) is one of the most essential companies in the entire healthcare sector. If you've ever had your DNA sequenc

What?

Apple (AAPL) is talking with Chinese companies CATL and BYD about setting up an electric vehicle battery factory in the U.S., according to a Reuters report citing confidential sources. The factory would supply batteries for Apple’s planned electric vehicle (EV).

The discussions are still in the early stage and it is not clear if the parties will agree. CATL, which supplies Tesla (TSLA), is expanding its battery manufacturing capacity and has plans for a new battery plant in Shanghai, near Tesla’s manufacturing facility.

Apple has not yet publicly revealed its EV project. But the company is believed to be working on a passenger vehicle that could go into production in 2024, according to Reuters. (See Apple stock analysis on TipRanks)

Apple is insisting that its EV battery suppliers build U.S. manufacturing facilities, according to the report. But CATL is reluctant to set up a U.S. manufacturing plant because of political tensions between the U.S. and China.

"My understanding is that Apple is talking about building advanced battery production factories here, here in the U.S.," Reuters quoted senior White House economic adviser Jared Bernstein as saying.

The Biden administration has proposed an infrastructure spending plan that includes a budget of $174 billion to boost the U.S. domestic EV market.

Citing highlights from Apple’s WWDC 2021 event, Morgan Stanley analyst Katy Huberty reiterated a Buy with a price target of $161 on Apple stock. Huberty’s price target implies 27.03% upside potential. The analyst noted that the upcoming software updates and hardware launches will allow Apple’s growth to continue for a third consecutive year in Fiscal 2022.

The analyst said, “Apple's vertically integrated ecosystem of world-class hardware, software, and industry-leading services remains a key point of differentiation that competitors cannot replicate.”

Consensus among analysts is a Moderate Buy based on 19 Buys, 5 Holds, and 2 Sells. The AAPL average analyst price target of $157.58 implies 24.33% upside potential to current levels.

AAPL scores a “Perfect 10” on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.

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A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members Germany, France and Italy against Ireland, Luxembourg and the Netherlands.

Is the Apple (NASDAQ: AAPL) Car getting closer to realization? According to a report published Tuesday by Reuters, the answer is "yes." In the article, which cited "people with knowledge of the matter," the U.S. tech giant is in talks with at least two Chinese battery makers to m

Should Investors Be Watching These Top Consumer Discretionary Stocks Now?As investors navigate a somewhat volatile stock market with meme stocks leading in gains, consumer discretionary stocks could be overlooked. Now, as most investors would know, the economy is on the uptrend a

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A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen before the coronavirus pandemic.

Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.

Wall Street stocks struggled for closing gains on Tuesday as a lack of clear market catalysts kept institutional investors in a holding pattern, while retail traders kept the rally of so-called meme stocks alive.

A global benchmark and two key European indexes hit new highs on Tuesday while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen in February 2020 before the coronavirus pandemic.

Wall Street stocks wavered near the starting line on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders kept the rally of so-called meme stocks alive.

Wall Street indexes were flat on Tuesday as investors took to the sidelines ahead of key inflation data this week, while Clover Health led a rally among popular social media stocks.

In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. Year to date, Apple has lost about 3.8% of its value.

A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members Germany, France and Italy against Ireland, Luxembourg and the Netherlands.