Apple (AAPL) price target lifted at KeyBanc despite near-term concerns

Go back to Apple (AAPL) price target lifted at KeyBanc despite near-term concerns

This analyst expects Walt Disney (DIS) will be purchased during the next 3 years

July 11, 2023 7:47 AM EDT

Needham & Company analyst Laura Martin reiterated her view that Walt Disney (NYSE: DIS) is likely to be acquired in the coming years.

In a note published today, Martin reminds investors that takeover premiums have historically been 30-40% above the public trading price... More

Dow futures edge higher; Bullard the latest Fed official to speak

July 11, 2023 7:08 AM EDT

Investing.com -- U.S. stock futures edged higher Tuesday, continuing the positive start to the week, as investors await comments from St. Louis Fed President James Bullard ahead of key inflation data.


By 06:50 ET (10:50 GMT), the Dow futures contract was up 10 points, or 0.1%, S&P 500 futures traded 5 points, or 0.1% higher, and Nasdaq 100 futures climbed 23 points, or 0.2%.


The three benchmark indices closed higher Monday, snapping a three-day decline, after a series of comments from Federal Reserve policymakers sparked hopes that the U.S. central bank's campaign of interest rate hikes... More

Apple launches store on Tencent's WeChat messaging app

July 11, 2023 7:04 AM EDT

Investing.com -- Apple Apple (NASDAQ: AAPL) will begin to sell its products on Tencent's (HK:0700) megapopular messaging app WeChat as the tech giant looks to grow its retail presence in China.


WeChat said on Tuesday that products, including its ubiquitous... More

Nasdaq-100 Special Rebalance as the Pendulum Has Swung Too Far - Wells Fargo

July 11, 2023 6:42 AM EDT

Wells Fargo analyst Christopher Harvey on the announced Nasdaq-100 special rebalancing: "The upcoming NDX rebalance is reducing concentration risk but creating uber-cap selling pressure. With uber-caps overbought, near-term liquidity demands will likely weigh on the group. In 2011, down-sized names lagged by 2-3% between announcement and event. Our Index Strategists estimate... More

Fed officials discuss rates, Amazon Prime Day arrives - what's moving markets

July 11, 2023 6:02 AM EDT

Investing.com -- Comments from Federal Reserve policymakers spark hopes that the central bank's campaign of interest rate hikes may soon be reaching a conclusion, albeit after a potential increase later this month. Elsewhere, Amazon kicks off its Prime Day sales event and Apple launches a store on megapopular Chinese messaging app WeChat.

1. U.S. futures mixed

U.S. stock futures were mixed on Tuesday, but mostly stayed close to the flatline, as investors look ahead to the release of all-important inflation data later this week and digest comments from Federal Reserve officials (see... More

Apple (AAPL) PT Raised to $200 at KeyBanc

July 11, 2023 2:10 AM EDT

KeyBanc analyst Brandon Nispel raised the price target on Apple (NASDAQ: AAPL) to $200.00 (from $180.00) while maintaining a Overweight rating.... More

Apple opens store on China's WeChat platform

July 11, 2023 12:17 AM EDT

BEIJING (Reuters) -Tencent's WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm's retail channels in the world's second largest economy.

The announcement by WeChat, China's dominant messaging app which also provides e-commerce, livestreaming and payment services, said... More

Active options: TSLA AAPL RIVN AMZN META NVDA MSFT BABA NIO AMC AMD

July 10, 2023 1:46 PM EDT

Active options: TSLA AAPL RIVN AMZN META NVDA MSFT BABA NIO AMC AMD

... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Q2 earnings season is here

July 10, 2023 8:58 AM EDT

The S&P 500 (SPX) fell 1.2% last week as analysts continue to warn that the stocks are due to a pullback. For the first time in 4 months, the S&P 500 lost at least 0.25% on two consecutive days.

Similarly, the tech-heavy Nasdaq Composite Index (IXIC) dropped 0.9% as Apple (NASDAQ: AAPL) lost 1.7%. Dow Jones Industrial Average (DJI) fell as much as 2% as bulls continue to struggle at the 34600 resistance.

We continue to see evidence of waning momentum out of secular growth names (FANG+, Semis, etc) and are sticking with our call to fade... More