Amazon (AMZN) Climbs 2%, Apple (AAPL) Up 1.3% Amid Tech Bounce
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Tigress Financial Partners Reiterates Strong Buy Rating on Apple (AAPL)
June 30, 2022 10:42 AM EDTTigress Financial Partners analyst Ivan Feinseth reiterated a Strong Buy rating and $210.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "We reiterate our Strong Buy rating on AAPL and maintain our 12-month target of $210 as business execution strength, ongoing innovation, and new product introductions will continue to drive ongoing revenue growth and further share price gains. AAPLs recent WWDC (Worldwide Developer Conference) contained breakthrough announcements that will continue to drive strong momentum in sales of iPhones, Macs, wearables, and services revenue and drive ongoing expansion into its App Store and ecosystem.... More