Nasdaq AAPL Apple

Fool.com contributor Parkev Tatevosian reviews Apple's (NASDAQ: AAPL) second-quarter earnings and downgrades his recommendation for Apple stock.

Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome news, from last week's downgrade of the U.S. credit rating to revived worries over regional banks.

Disney (NYSE:DIS) is expected to publish its Q3 2023 results on August 9. We expect Disney’s revenues to come in at $22.5 billion for the quarter, slightly ahead of consensus estimates, marking an increase of over 4.5% versus last year. We expect earnings to stand at $ 0.99

Dan Ackerman, editor in chief of the tech-news website Gizmodo, filed a lawsuit in Manhattan federal court on Monday accusing Apple, the Tetris Company and others of adapting his book about the landmark video game "Tetris" into a feature film without his permission.

The tech industry is like the heartbeat of our modern world, powering everything from our phones to our cars. Think of big names like Apple (NASDAQ: AAPL), Google (NASDAQ: GOOGL), and Microsoft (NASDAQ: MSFT); they’re all giants in this sector. This industry is about creati

Tech stocks have been the place to be if you're looking for big gains. The tech-heavy Nasdaq-100 has returned 446% over the last 10 years, compared to a 221% return from the blue-chip-focused S&P 500.

Shares of Apple (NASDAQ: AAPL) slipped last week following a quarterly report that was mostly bad news. Revenue slumped, operating income was down, and the iconic iPhone suffered a sales decline. Apple's sprawling services segment was a bright spot, but it wasn't enough to push t

Warren Buffett is widely regarded as one of the most successful investors of all time, and for good reason. His diversified holding company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), has delivered an impressive annualized return of 19.8% for its shareholders since 1965, bea

FAANG stocks [Meta Platforms ( NASDAQ:META ), previously called Facebook, Amazon ( NASDAQ:AMZN ), Apple ( NASDAQ:AAPL ), Netflix ( NASDAQ:NFLX ), and Google’s parent company Alphabet ( NASDAQ:GOOGL ,  GOOG )] have outperformed the S&P 500 ( SPX ) so far in 2023, with META rallying over 160%. However, macroeconomic uncertainty continues to be a drag. We used  TipRanks’ Stock Comparison Tool to pit Meta, Amazon, and Apple against each other to pick Wall Street’s favorite FAANG stock at current levels. Meta Platforms (NASDAQ:META) Shares of social media giant Meta Platforms have been enjoying a splendid run this year, fueled by the company’s better-than-anticipated performance in the first half of the year. Last month, the company not only beat analysts’ second-quarter estimates but also issued upbeat guidance for the third quarter. Meta’s Q2 2023 revenue grew by 11% to $32 billion, marking the first time the company generated double-digit growth since the end of 2021. The company’s top line has been under pressure in recent quarters due to the impact of macro pressures on digital ad spending, growing competition, and Apple’s iOS privacy change, which limited ad-targeting capabilities. Despite these pressures, Meta has bounced back strongly much to the delight of investors. Moreover, the company has been taking aggressive cost control and streamlining measures to improve its profitability. In Q2 2023, the company’s EPS grew 21% to $2.98.          Is Meta a Good Stock to Buy? On Monday, UBS analyst Lloyd Walmsley maintained a Buy rating on Meta with a price target of $400. The analyst expects the company to introduce generative artificial intelligence (AI) consumer chatbots across its WhatsApp, Instagram and Facebook apps by the end of next month at the Meta Connect event. Walmsley believes that a consumer chatbot launch would enable Meta to win market share in the nearly $200 billion search ads market. He projects the revenue opportunity from chatbot search ads of $7.5 billion for the Facebook app alone and potentially over $20 billion across Meta’s Family of Apps. Walmsley concluded that Meta remains one of his favorite names in the internet sector, backed by several top-line catalysts like persistent growth in engagement, Reels monetization, click-to-message ads expansion, Shop Ads rollout, and Twitter-rival Threads. Wall Street’s Strong Buy consensus rating on Meta stock is based on 39 Buys and two Holds. The average price target of $377.70 implies 19.3% upside. Meta shares skyrocketed 163% so far in 2023. Amazon (NASDAQ:AMZN) E-commerce and cloud computing giant Amazon impressed Wall Street with its market-crushing second-quarter performance. The company’s cost-cutting efforts and higher sales helped it swing to EPS of $0.65 from a loss per share of $0.20 in the prior-year quarter. Amazon’s Q2 2023 sales grew about 11% year-over-year to $134.4 billion, driven by an 11% and 10% rise in North America and International retail sales, respectively. Further, sales from the company’s Amazon Web Services cloud business increased 12%. The company also issued a better-than-anticipated third-quarter revenue outlook.  To continue to support its growth strategies, Amazon expects capital expenditure of slightly more than $50 billion in 2023 compared to $59 billion in 2022. While the company projects its fulfillment and transportation expenditure to be down this year, it expects higher infrastructure spending to support AWS growth, including additional investments related to generative AI and large language model initiatives. Is Amazon a Buy, Hold, or Sell? Last week, Barclays analyst Ross Sandler increased the price target for Amazon stock to $180 from $140 and reaffirmed the Buy rating on the stock. The analyst noted that after two years of immense trouble for Amazon bulls, the company is now back with market share gains and improved margins. Sandler believes that AWS is likely re-accelerating on regular and AI workloads and retail growth is steady. He also thinks that margins may cross the 2018 peak. With 37 Buys and one Hold, Amazon scores a Strong Buy consensus rating. At $171.08, the average price target implies 20.3% upside. Shares have jumped over 69% since the start of this year. Apple (NASDAQ:AAPL) Apple shares have been declining since the company announced a disappointing fiscal fourth-quarter revenue outlook. The iPhone maker managed to beat analysts’ expectations for Q3 FY23 (June quarter), thanks to the 8.8% rise in Services revenue to $21.2 billion. However, overall revenue declined 1.4% year-over-year to $81.8 billion due to lower iPhone, Mac, and iPad revenues. Moreover, the company cautioned investors about a fourth consecutive year of revenue decline by saying that it expects the September quarter top-line performance to be similar to the June quarter. In particular, Apple expects iPhone and Services business to accelerate on a year-over-year basis compared to the June quarter. That said, the company anticipates Mac and iPad revenues to decline by double digits due to tough comparisons.    What is Apple’s Price Target? While several analysts remain optimistic about Apple, Rosenblatt analyst Barton Crockett downgraded the stock to Hold from Buy with a price target of $198 last week. Crockett stated that Apple’s Q3 FY23 performance highlights the slowdown phase in which it exists currently. He feels that a slowdown in the U.S. could last until a material new product category captures the market. Given the uncertainty associated with the timing and success of a new product category, the analyst does not find the stock attractive currently due to its peak absolute and relative valuation multiples. Wall Street’s Strong Buy consensus rating for Apple stock is based on 22 Buys and seven Holds. The average price target of $208.99 implies about 17% upside potential. Shares have risen 38% year-to-date. Conclusion Despite macro pressures, Wall Street is highly bullish on Meta Platforms, Amazon, and Apple and believes in their ability to drive long-term growth. Currently, they see slightly higher upside potential in Meta and Amazon than Apple. Disclosure

The NASDAQ 100 Pre-Market Indicator is down -101.98 to 15,305.87. The total Pre-Market volume is currently 93,796,096 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.43 at $18.54, with 5,087,574 shares

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

Wall Street delivered downbeat performances last week with the S&P 500 losing 2.3%, the Dow Jones retreating 1.1%, the Nasdaq Composite falling 2.9% and the Russell 2000 dropping 1.2% (read: Time for Value ETFs as Buffett Indi

Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday.

Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering, which is expected in September, Japan's Nikkei newspaper reported.

Only one week ago, shares of Apple (NASDAQ: AAPL) were up more than 50% year to date. The giant tech stock was enjoying one of its best starts in a long time.

The stock market has enjoyed a phenomenal 2023. And while it can seem counterintuitive to buy a stock at a higher price today than it was just a few months ago, sometimes that's the exact kind of decision that leads to outsize returns.

This year has started in stark contrast to its predecessor. After enduring its worst performance in over a decade, the stock market has bounced back. The major market indexes have each gained 20% or more from their respective bottoms, and by that measure suggest the start of the

Taiwan's exports fell for an 11th straight month in July, though by less than expected as weak demand for its high-tech products from the U.S. and China was countered by growing momentum in artificial intelligence applications.

With Apple (AAPL) shares continuing to fall after reporting its fiscal third-quarter results last Thursday, investors may be pondering if it’s time to buy the dip.

Apple supplier Skyworks Solutions on Monday forecast fourth-quarter profit below Wall Street estimates as demand for wireless connected devices from customers outside the artificial intelligence (AI) industry remains gloomy.