Loop Capital Upgrades Apple (AAPL) to Buy on Multiple Upside Drivers Into CY21

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Amazon, Apple stay away from new French initiative to set principles for Big Tech

November 30, 2020 7:21 AM EST

By Michel Rose

PARIS (Reuters) - U.S. tech giants Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes, government officials said on Monday.

French President Emmanuel Macron has sought for the past three years to cajole tech giants into collaborating with governments on a series of global challenges such as fighting hate speech online, preserving privacy or contributing to state coffers.

Amid a public outcry about technology groups' good fortunes during the coronavirus pandemic this... More

Morgan Stanley Lifts Bull Case Target on Apple (AAPL) to $191 on Higher Demand for 5G

November 30, 2020 6:35 AM EST

(Updated - November 30, 2020 7:28 AM EST)

A Morgan Stanley AlphaWise survey of nearly 3,500 consumers in the US and China shows that consumer smartphone purchase intentions are the strongest in recent history due to 5G.

This signals likely the strongest year of smartphone upgrades in recent history, analysts at Morgan Stanley wrote in a research note.

"The main driver is demand for 5G, which is now the primary reason consumers are upgrading in the US and China a comparatively bigger catalyst than any other recent technology upgrade and... More