Nomura Securities Reiterates Buy on Apple (AAPL) Following CEO Update

Global Equities Cuts China GDP Growth Outlook; Still Sees Apple (AAPL) Reaching $155 Price Target

Global Equities Research affirms its Overweight rating and $155 price target on Apple (Nasdaq: AAPL) amid a pessimistic view of economic growth for China.

Analyst Trip Chowdhry now sees China GDP at minus 2 percent for 2016, from prior projections of up 5 to 7 percent.... More

Apple (AAPL) Sell-Off Seen as 'Overdone', Wells Fargo Upgrades Stock to Outperform

(Updated - August 25, 2015 7:17 AM EDT)

Wells Fargo analyst Maynard Um thinks the correction in Apple (NASDAQ: AAPL) has gone too far and he upgraded the stock from Market Perform to Outperform with a price target of $125-$135.

Yesterday Apple CEO Tim Cook sent an email to CNBC's Jim Cramer with an update on operations in China. In Um's view, this provides some... More

Wall Street rally goes up in smoke, indexes end lower

By Noel Randewich

(Reuters) - A rally on Wall Street evaporated on Tuesday and stocks ended with deep losses as concerns about China's economy outweighed lower valuations that some earlier saw as bargains.

In a dramatic session, major indices turned negative in the final minutes of trading after previously climbing almost 3 percent.

Investors cited more worries that a slowdown in China could hobble global growth, even after the country's central bank cut interest rates on Tuesday for the second time in two months. The move came after Chinese stocks slumped 8 percent on Tuesday, on top... More

China stocks plummet again as Beijing sits on sidelines

By Samuel Shen and Nathaniel Taplin

SHANGHAI (Reuters) - Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world's second-largest economy is deepening.

Major Chinese stock indexes nosedived more than 7 percent, hitting their lowest levels since December, following their more than 8 percent plunge on Monday that sent shockwaves through global financial markets. [MKTS/GLOB]

China, one of the main engines of the world economy, has overtaken Greece at the... More

Market Wrap: Markets Riled on China Worries; Apple's Cook Calms Investors; Southern Co. Bets on Nat Gas

Market wrap for August 24th

End of the Day: S&P 500 down 77.7 to 1,893.21; Dow Jones down 588.4 to 15,871.35; Nasdaq down to 4,526.25

Market Brief: U.S. markets were hit Monday as the global selloff continued. The Shanghai Composite fell 8.5 percent, the largest one-day drop since early 2007. The index is down 0.8 percent for 2015 and o
ff 38 percent from its June highs. Fears of a drastic slowdown in the Chinese economy is noted as the major catalyst for the selling and comes as the country... More

Wall Street's slide unlikely to undermine support for U.S. stocks

By Rodrigo Campos

NEW YORK (Reuters) - Wall Street's selloff on Monday, sparked by a near-9 percent dive in Chinese shares, was a long-overdue correction that analysts said is unlikely to undermine support for U.S. stocks going forward.

"We are unlikely to be going into a bear market," said Jason Ware, chief investment officer at Albion Financial Group, which manages about $1 billion for clients from Salt Lake City, Utah.

"There are a number of positive things happening under the surface of all this chaos and it is easy to forget those things when you... More

Apple's (AAPL) Cook Criticized for Email Update to Cramer

Apple (NASDAQ: AAPL) CEO Tim Cook was criticized for earlier emailing CNBCs Jim Cramer... More

Streetinsider.com's Hot Lunchtime Reads 8/24: (AAPL) (LGND) (MON) (FCAU)

The following is a list of notable articles to help get you through the lunch hour:Many Stocks See Dramatic Reversals from Morning Lows ->... More

Apple (AAPL) Turns Green

Apple (NASDAQ: AAPL) shares have turned positive after being down as much as 13 percent earlier.

Apple (AAPL) Goes Green; Up Over $14 from Morning Low

Apple (NASDAQ: AAPL) goes green Up 0.7% to $106.51 after trading down to $92 earlier.

Apple's (AAPL) China Metrics Still Solid Following Recent Checks - Stifel

Stifel is out with commentary on Apple (Nasdaq: AAPL) with respect to the company's China exposure.

Analyst Aaron C. Rakers said, At $13.2 billion in revenue during Apples June 15 quarter (+112% y/y), Greater China accounted for 26.7% of Apples total revenue. On a trialing 12-month basis, Apple generated $52.5 billion in revenue from Greater China, up 66% y/y and accounting for 23.4% of Apples total revenue. However, we believe the more notable metrics investors are focusing on is the fact that Greater China has accounted for 49.7% of Apples y/y growth... More

Many Stocks See Dramatic Reversals from Morning Lows

While the global market rout is clearly the big story of the day, what many investors will not hear about this evening is the amazing trading opportunities in many names that bounced sharply off morning lows.

Below are some examples:

Google (NASDAQ: GOOGL)... More

Apple (AAPL) Nears Flat on the Session

Apple (NASDAQ: AAPL) nears green on the session after trading down to $92 earlier.

Apple (AAPL) Being Thrown Out with the Bath Water, FBR Capital Says

FBR Capital analyst Daniel Ives has come out to defend Apple (NASDAQ: AAPL) amid the 25% sell-off since earnings. The analyst reiterated an Outperform rating and $175 price target.

Ives commented, "It has been a miserable, dark period for Apple investors since the company reported June results, as shares are down 25% with negative China sentiment, market fears... More

Cantor Fitzgerald Defends Apple (AAPL); Valuation 'Irrational'

Cantor Fitzgerald analyst Brian White reiterated his Buy rating and $195 price target on Apple (NASDAQ: AAPL) amid the recent sell-off. The analyst said the overblown China concerns and market malaise creates an irrational valuation.

White commented, "Growing fears regarding China have... More

Apple (AAPL) Bounces; Back Over $100

Apple (NASDAQ: AAPL) is coming off the lows. Over $100 again after trading down to $92.

Pre-Open Stok Movers 08/24: AGL Resources (GAS) HIGHER; Most Everything Else LOWER

Vital Therapies, Inc. (Nasdaq: VTL) 79.6% LOWER; announced that topline results from VTI-208, the Company's phase 3 randomized, controlled, open-label trial, evaluating the ELAD System in subjects with alcohol-induced liver decompensation (AILD) failed to meet the primary endpoint of overall survival through at least 91 days assessed using the Kaplan Meier statistical method. Of 203 total subjects enrolled in... More

Apple (AAPL) CEO Tim Cook Said Performance So Far This Qtr 'Reassuring'

Apple (NASDAQ: AAPL) CEO Tim Cook e-mails Jim Cramer related to China, saying performance so far this quarter is "reassuring."

Apple's @tim_cook just e-mailed @jimcramer @CNBC pic.twitter.com/zzEqmDKFUK

Apple (AAPL) Launches iSight Replacement Program for iPhone 6 Plus

Apple (Nasdaq: AAPL) has commenced a replacement program for faulty iSight cameras on the iPhone 6 Plus.

In part, the company said:

Apple has determined that,... More

Apple (AAPL) Falls Below $100/Share

Apple (NASDAQ: AAPL) is down another 5.5% in pre-open trade and has broken below the $100 level - last trading at $99.90.

Wall St. posts worst day in four years, S&P 500 now in correction

By Noel Randewich

(Reuters) - U.S. stock indexes plunged almost 4 percent on Monday as investors, rattled about China's economy, sold heavily in an unusually volatile session that confirmed the benchmark S&P 500 was formally in a correction.

The Dow Jones industrial average briefly slumped more than 1,000 points - its most dramatic intraday trading range ever - with key component Apple (NASDAQ: AAPL) falling heavily only to claw back but end down 2.5 percent.

It was the S&P 500's worst day since 2011 and followed an 8.5 percent slump in... More

Top 10 News for 8/17 - 8/21: Stocks Hit on China Growth Fears; Fed Hints at Rate Hike Nearing

1. Markets continued to slump this week following China's devaluation of the yuan last week, as signs of a slowdown in the world's second-largest economy take hold. On Friday morning, Markit's Flash China General Manufacturing PMI came in at 47.1, which is a six-and-a-half year low for the metric. With the report, Dr. He Fan, Chief Economist at Caixin Insight Group said: The Caixin Flash China General Manufacturing PMI for August has fallen further from Julys two-year low, indicating that the economy is still in the process of bottoming out. But overall, the likelihood of a systemic risk... More

S&P 500 Again Tests New Lows

The S&P 500 again tested fresh lows Friday afternoon, with market leaders like Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) taken down, while the Dow shed 400 points. Meanwhile VIX, also known as the fear indicator, advanced to 25.

Tesla engineer joins Apple's growing team of automated car experts

By Paul Lienert and Julia Love

DETROIT/SAN FRANCISCO (Reuters) - Consumer electronics company Apple Inc (Nasdaq: AAPL) has hired a senior engineer from electric car maker Tesla Motors Inc (Nasdaq: TSLA), according to a LinkedIn posting, as part of Apple's effort to build a team of experts in automated driving.

A LinkedIn profile for Jamie Carlson shows that he has left Tesla and moved to Apple. At least six others with experience developing self-driving technology and systems have joined Apple, according to their LinkedIn... More

Jim Chanos Still Short Hewlett-Packard (HPQ); Long Apple (AAPL) - CNBC

On CNBC, Jim Chanos said he is still short Hewlett-Packard (NYSE: HPQ). He is long Apple (NASDAQ: AAPL)

Swiss Watchmaker Trademarks Famous Steve Jobs Quote (AAPL)

One of the more famous lines from the late Steve Jobs, co-founder of Apple (Nasdaq: AAPL), was the "one more thing..." line he used when debuting surprise new products. Even current Apple CEO Tim Cook used the catchphrase during a recent product... More

Streetinsider.com's Hot Lunchtime Reads 8/21: (AAPL) (WAIR) (WATT) (MO)

The following is a list of notable articles to help get you through the lunch hour:Apple (AAPL) Sell-Off Intensifies ->... More

Apple (AAPL) Sell-Off Intensifies

(updated at 4:14PM)

The sell-off in Apple (NASDAQ: AAPL) continues to unfold. Shares of the iPhone giant closed down 6.1% Friday to $105.76 and is down 18.5% since earnings on July 21. Shares are down over 20% from the all-time highs, suggesting a bear market in... More

Morning Bounce Fades (SPY) (NFLX) (AAPL)

Markets bounced Friday morning but the rally fizzled as market leading stocks like Netflix (NASDAQ: NFLX) and Apple (NASDAQ: AAPL) reversed to test lows, while VIX tested higher.

The S&P 500 is lower by 1.4% intraday, adding to yesterday's losses.

Samsung Offers iPhone Users Free 30-Day 'Test Drive' in Latest Promotion (AAPL)

Samsung really wants you to trade in your Apple (Nasdaq: AAPL) iPhone and try out one of its shiny, new devices. And, if you don't like it, you can turn it back in.

According to Samsung's... More

Daimler CEO mulls JVs with Apple, Google: magazine

BERLIN (Reuters) - Daimler's chief executive said "different types" of cooperation with Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOGL) are possible as carmakers realize next-generation autos cannot be built without greater input from telecoms and software experts.

"Many things are conceivable," Daimler CEO Dieter Zetsche said in an interview... More

China fears hand Wall St. its worst day since 2011

By Chuck Mikolajczak

(Reuters) - Fears of a China-led global economic slowdown drove Wall Street to its steepest one-day drop in nearly four years on Friday and left the Dow industrials more than 10 percent below a May record.

Wall Street's selloff this week suggested investors are growing nervous about paying high prices for stocks at a time of minimal earnings growth, tumbling energy prices and an expected rate hike by the U.S. Federal Reserve that could gradually usher the end of almost a decade of easy money.

Stocks have seen few large moves this... More