While much of the current Apple bull case is tied to the WWDC event next month and the artificial intelligence capabilities that may be unveiled, one analyst believes they may not be introduced until September.
Bernstein said in a note this week that even though they continue to believe Apple (NASDAQ: AAPL) will unveil some AI capabilities at WWDC next month, "the majority of its AI functionality will be tied to iPhone 16 and introduced alongside the device in... (continue reading...)
Investing.com - The upcoming U.S. presidential election looks set to be a divisive, closely fought contest, and JPMorgan explores the various scenarios and how to play the associated impact.
Tight U.S. Presidential election loomsPresident Joe Biden and former President Donald Trump are set to face each other on Nov. 5 in what will be the first presidential rematch in nearly 70 years.
Trump may have a series of unprecedented legal challenges to overcome, but recent... (continue reading...)
Investing.com -- Main U.S. indexes were flat Wednesday, as investors digested a series of quarterly corporate earnings ahead of comments from more Federal Reserve officials.
Here are some of the biggest U.S. stock movers today:
Uber (NYSE: UBER) stock slumped 8.6% after the ride-hailing firm forecast second-quarter gross bookings below expectations after missing the target for the first three months.
Apple (NASDAQ: AAPL) stock was... (continue reading...)
The S&P 500's next quarterly rebalance is set for June 7th, and Barclays analysts believe the next addition to the benchmark index may be Block Inc., a financial technology firm led by Jack Dorsey.
“SQ reached S&P 500 eligibility following 4Q23 earnings in February 2024 as: (a) Q4 had positive net income of $178M and (b) the sum of net income over the LTM ending 4Q23 was also positive at ~$125M,” Barclays analysts said in a Wednesday note.
The company’s positive... (continue reading...)
Investing.com -- "Strong" first-quarter results at Reddit (NYSE: RDDT) have led analysts at Needham to raise their price target for the social media group's stock to $63 from $55, according to a note to clients from the investment bank.
The analysts also added Reddit on to their conviction list, replacing software firm DoubleVerify (NYSE: DV), saying the company has a "robust business model."
"From an earnings and valuation point of view, we are most optimistic about... (continue reading...)
More General News
View Older Stories-
Intel, Qualcomm say exports to China blocked as Beijing objects
-
Palantir shares post biggest daily slide since 2022 after forecast disappoints
-
US revokes Intel, Qualcomm's export licenses to sell to China's Huawei, sources say
-
Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions
-
S&P 500: Don’t sell in May and go away - Bank of America
-
Exclusive-Royal Caribbean recruiting thousands to meet surging demand, sources say
-
Microsoft's Xbox shuts multiple studios, consolidates teams in cost-cutting move
-
Fed may need to hold rates steady all year, Kashkari says
-
Investors wary of US cannabis ETFs despite recent rally
-
TikTok, ByteDance sue to block US law seeking sale or ban of app
-
Biden Administration Is Holding Shipments Of Boeing (BA) -made Precision Bombs To Send Political Message To Israel - Politico
-
Midday movers: Disney, Palantir fall; International Paper, Kenvue rise
-
Barclays highlights stocks most exposed to stagflation risk
-
Apple unveils new AI-focused chip in upgraded iPad Pro
-
Datadog President Amit Agarwal to step down, shares drop
-
Investopedia-owner Dotdash Meredith signs content license deal with OpenAI
-
Why this analyst think you should be long Apple stock into iPad event
-
JPMorgan remains concerned inflation will be 'staying too high'
-
Apple's AI trajectory remains uncertain - PhillipCapital
-
Infineon unveils deep cost-cutting drive amid waning chip demand
-
Air Lease Q1 profit misses estimates on higher interest expenses
-
UPS CFO Brian Newman to step down on June 1, company says
-
Israel to push on with Rafah operation while continuing hostage talks
-
US FAA opens probe into Boeing 787 inspections
-
Citadel's Griffin says Fed's first rate cut may come in December
-
US financial regulators restart work on long-delayed compensation rules
-
Video streaming services see downloads, active users drop in April, BofA report shows
-
Fed's Barkin: Ending inflation likely to require a hit to demand
-
Hamas says it accepts ceasefire proposal of Egypt, Qatar
-
Tesla lays off more staff in software, service teams, Electrek reports
-
Wall Street analysts are increasingly bullish on this chip stock. Here's why
-
Reddit stock: BofA revists RDDT after a blockbuster IPO
-
Midday movers: Apple slips; Palantir and Micron gain
-
Palantir stock: Here's what Wall Street expects from the upcoming earnings report
-
AMD to see revenue, profits improve in H2 amid AI chip ramp-up - Phillip
-
Synopsys sells software integrity unit for $2.1 billion to PE group
-
Stock prices are now at 'more attractive levels' - Oppenheimer
-
Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reports
-
Robinhood Crypto gets Wells notice from US SEC
-
Shah Capital urges Novavax shareholders to vote against three directors
-
Morgan Stanley warns about an 'uncertain macro backdrop'
-
Baird says this name is one of the top chip stocks you should own
-
Exclusive-Southwest pilots face reduced hours, pay due to Boeing delivery delays
-
NFP reactions: Jobs report breathes new life into rate cut calls
-
LNG producer Cheniere's export volumes fuel core profit beat
-
Midday movers: Apple, Amgen and Block rise; Cloudflare and Expedia fall
-
Weaker US jobs data soothes Fed worries of renewed overheating
-
US equity funds witness outflows for fifth week in a row
-
April US jobs report shows looser labor market, good news for Fed
-
U.S. adds fewer jobs than anticipated in April
