Nasdaq AAPL Apple

The Dow added triple digits today for a fourth-straight win and record close. On the flip side, the S&P 500 and Nasdaq were muted or lower, the former eking out a loss and the latter shedding triple digits. As investors pored over the latest batch of earnings reports a

Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.

Microsoft Corp beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.

Major U.S. business groups sued California on Tuesday seeking to overturn the state's new sweeping climate disclosure laws that require companies to publicly report their greenhouse gas emissions and climate-related financial risks.

Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday.

U.S. stocks were muted on Tuesday as mixed corporate earnings and solid economic data preoccupied investors while the Federal Reserve convened for its monetary policy meeting.

Apple will release its fiscal Q1 earnings this week as markets brace for a flurry of Big Tech results. Here's what markets are expecting from the quarterly report, and whether Apple can reclaim its $3 trillion market cap in the aftermath of the event.

The benchmark S&P 500 was subdued on Tuesday as investors assessed earnings reports from legacy companies United Parcel Service and General Motors, as well as data that signaled a mixed labor market.

Tech heavyweight Apple AAPL is set to report quarterly results on Thursday after the bell. Apple, a Zacks Rank #3 (Hold), boasts a stellar track record of exceeding earnings estimates. As AAPL stock hovers near all-time highs, is

Apple’s AAPL first-quarter fiscal 2024 results, to be reported on Feb 1, are expected to reflect improving PC market, as well as steady growth in the Services business.Apple expects Mac revenues to significantly accelerate compare

Dolby Laboratories Inc DLB is slated to report first-quarter fiscal 2024 results on Feb 1.

The Magnificent Seven stocks have gotten a lot of buzz as of late. And for good reason.

After a tough start to the year, the S&P 500 topped the 4,900 milestone for the first time in the latest trading session. This week is packed with more than 100 corporate earnings, a Federal Reserve policy meeting and the job

For Immediate Release Chicago, IL – January 30, 2024 – Today, Zacks Investment Ideas feature highlights Apple AAPL.

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum an

Futures for Canada's main stock index were subdued on Tuesday ahead of earnings updates from Big Tech companies in the United States, domestic GDP data and the Federal Reserve's interest rate decision later this week.

Global stocks traded at two-year highs on Tuesday ahead of a Federal Reserve meeting, while Asian equities took a knock from the court-ordered liquidation of Chinese property giant Evergrande.

The S&P 500 index delivered a gain of 24.3% last year, but it was led higher by a group of stocks dubbed the "Magnificent Seven." This cohort includes:

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Vanguard Russell 1000 Growth ETF (VONG) is a passively managed exchange traded fund launched on 09/22/2010.

Technology giants Amazon ( NASDAQ:AMZN ) and Apple ( NASDAQ:AAPL ) will release quarterly earnings after the market closes on Thursday, February 1. Analysts’ consensus ratings reflect that Wall Street favors AMZN over AAPL ahead of their upcoming earnings.  In particular, AMZN’s quarterly numbers should benefit from solid holiday sales numbers, stabilization in its cloud business (AWS), and its focus on reducing costs. After the Q4 earnings release, its stock price could rise further. On the other hand, Apple offered lower-than-expected holiday sales guidance as its hardware sales are under pressure. If the company reports weak hardware sales in Q1, its share price may take a hit to some extent. Consequently, analysts are more bullish about AMZN stock.  With this backdrop, let’s look at the Street’s forecast for their upcoming earnings. AMZN: Q4 Expectations Analysts expect AMZN to report revenue of $165.96 billion in Q4, up over 11% year-over-year. Solid  holiday sales, durable growth in the advertising segment, and strength in its cloud business should drive its top line.  Meanwhile, leverage from higher sales and cost reductions will likely cushion its earnings. Wall Street projects that the e-commerce giant will  post EPS of $0.8 in Q4, up from $0.03 in the prior-year quarter.   Is Amazon Stock Expected to Go Up? AMZN stock has gained over 60% in one year. Despite this notable growth, Wall Street is bullish about its prospects. Ahead of Q4 earnings, Telsey Advisory analyst Joe Feldman increased AMZN’s price target to $185 from $165. The analyst expects the company to benefit from solid holiday sales, the stabilization of AWS, and its focus on profitability.  Including Feldman, AMZN stock has 37 unanimous Buy recommendations for a Strong Buy consensus rating. Analysts’ average price target of $187.77 suggests a further upside potential of 16.44%.  It’s worth highlighting that  options traders are pricing in a +/- 6.57% move on earnings, slightly lower than the previous quarter’s earnings-related move of 6.83%. The expected 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. AAPL – Q1 Expectations Analysts expect Apple to report revenue of $117.99 billion in the first quarter of Fiscal 2024. This is roughly in line with the company’s prior-year sales of $117.22 billion. Softness in iPhone demand and an expected year-over-year decline in iPad and Wearables, Home, and Accessories will likely hurt AAPL’s top-line growth rate. However, strength in the Services business could continue to drive sales.  Wall Street projects that AAPL will  post earnings of $2.1 per share, up from $1.88 reported in the prior-year quarter. The analysts expect Apple’s bottom line to benefit from cost reductions. Is Apple a Buy, Hold, or Sell? Apple stock has gained nearly 35% over the past year, despite ongoing pressure on its product sales. Goldman Sachs analyst Mike Ng reiterated a Buy recommendation on AAPL stock on January 24. However, he lowered AAPL’s price target to $223 from $227. Further, the analyst lowered his EPS estimates. The analyst sees short-term headwinds from lower product sales and tough year-over-year comparisons.  Overall, Apple stock has received 22 Buy, eight Hold, and one Sell recommendations for a Moderate Buy consensus rating.  Analysts’ average price target of $205.85 implies an upside potential of 7.36% from current levels.  Meanwhile,  options traders are pricing in a +/- 3.70% move on earnings, higher than the previous quarter’s earnings-related move of -0.52%. Bottom Line Both the tech giants, AMZN and AAPL, possess solid fundamentals that can drive long-term growth. However, analysts favor AMZN stock over AAPL ahead of the quarterly print. Further, AMZN stock has outperformed AAPL over the past year and offers a higher upside potential from current levels.  Disclosure