Fed decision ahead, U.S. inflation data looms large - what's moving markets
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StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
BofA's analysis suggests Apple estimates are conservative
June 12, 2024 6:39 AM EDTBank of America analysts believe market expectations for Apple (NASDAQ: AAPL) iPhone sales are too low. Their analysis suggests replacement cycles are shortening due to a growing installed base exceeding 2.2 billion units.
"We view the installed base (IB) as a key indicator of the potential of Apple's ecosystem," states the BofA note. They estimate that... More
