Nvidia now ahead in Big Tech race to $4 trillion - Wedbush

JPMorgan on Apple (AAPL): 'we don’t see a significant impact to the upgrade cycle'

June 24, 2024 6:12 AM EDT

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $245.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "With investors starting to get onboard steadily with the idea of a robust upgrade cycle to the AI-enabled iPhones to be launched by the company... More

Apple (AAPL) Won't Roll Out AI Features In EU This Year Because Of DMA- Bloomberg

June 21, 2024 12:36 PM EDT

Apple Won't Roll Out AI Features In EU This Year Because Of DMA - Bloomberg

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Morgan Stanley says App Store and iPhone builds suggest upside to Apple estimates

June 21, 2024 7:03 AM EDT

Morgan Stanley analysts say their latest data points to a potential upside to Apple's (NASDAQ: AAPL) estimates.

The firm said in a note Friday that "App Store net revenue growth is tracking +13.5% Y/Y MTD and +13.3% Y/Y QTD, implying 2 pts of upside vs. our C2Q 13.3% Services growth forecast."

The bank says this suggests that Apple's Services segment, which includes the App... More

Melius Defending NVIDIA (NVDA), 'Raising Estimates Again - EPS Power of $5 Looking More Real'

June 21, 2024 6:26 AM EDT

Melius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "Raising Estimates Again - EPS Power of $5 Looking More Real: Given the factors above, we are raising our estimates again especially for CY25/26. Although... More

Microsoft (MSFT) PT Raised to $520 at Citi

June 21, 2024 5:48 AM EDT

Citi analyst Tyler Radke raised the price target on Microsoft (NASDAQ: MSFT) to $520.00 (from $495.00) while maintaining a Buy rating.

The analyst comments "OpenAI has been in the news headlines over the last few weeks with press reports of the company more than... More

Apple (AAPL) PT Raised to $240 at Bernstein SocGen Group

June 21, 2024 5:07 AM EDT

Bernstein SocGen Group analyst Toni Sacconaghi raised the price target on Apple (NASDAQ: AAPL) to $240.00 (from $195.00) while maintaining a Outperform rating.

The analyst comments "We see 4 opportunities for Apple to monetize AI: 1) Offering on-device AI to drive accelerated iPhone replacement and incremental hardware... More

Should investors press Apple longs via options - Susqehanna

June 20, 2024 10:33 AM EDT

Susquehanna analysts question whether Apple (NASDAQ: AAPL) investors should leverage their long positions using options strategies. The stock has risen nearly 9% since the company's Worldwide Developers Conference, entering a period known for seasonal strength.

While AAPL is not covered by Susquehanna, the analysts... More

Vague Apple (AAPL) Comments Circulate

June 20, 2024 9:32 AM EDT

Vague Apple (NASDAQ: AAPL) Comments Circulate

Channel-check firm claims Q2 2024 iPhone sales growth yoy "accelerated" in China compared to Q1 2024 yoy growth data.... More