Apple (AAPL) PT Raised to $245 at Monness, Crespi, Hardt

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Apple (AAPL) PT Raised to $203 at Maxim Group

August 2, 2024 8:29 AM EDT

Maxim Group analyst Tom Forte raised the price target on Apple (NASDAQ: AAPL) to $203.00 (from $195.00) while maintaining a Hold rating.... More

Intel, Amazon, Nvidia, Snap fell premarket; Apple, Exxon rise

August 2, 2024 8:25 AM EDT

Investing.com -- U.S. stock futures fell sharply Friday ahead of the release of the key nonfarm payrolls number, while tech earnings dominated sentiment.


Here are some of the biggest premarket U.S. stock movers today



Intel (NASDAQ: INTC) stock slumped 21% after the chipmaker suspended its dividend and slashed... More

Apple (AAPL) PT Raised to $261 at Rosenblatt, Maintains Buy, 'Decent Warm Up Before the Big AI Show'

August 2, 2024 7:20 AM EDT

Rosenblatt analyst Barton Crockett raised the price target on Apple (NASDAQ: AAPL) to $261.00 (from $260.00) while maintaining a Buy rating.

The analyst comments " iPhone -- The iPhone installed base was said to have grown to a new all-time high in total and in every geographic segment. iPhone was the top seller in the US, urban China, the... More

Apple (AAPL) PT Lowered to $186 at Barclays

August 2, 2024 5:55 AM EDT

Barclays analyst Tim Long lowered the price target on Apple (NASDAQ: AAPL) to $186.00 (from $187.00) while maintaining a Underweight rating.... More

Payrolls, slumping stocks, Apple, Amazon - what's moving markets

August 2, 2024 5:36 AM EDT

Investing.com -- Wall Street looks set to end the week on a losing note as weak activity data has investors fretting about the possibility of a U.S. recession. Nonfarm payrolls will be studied for growth clues, while results from tech heavyweights Apple and Amazon will also be in the spotlight. 


1. Payrolls loom large

Fridays economic highlight will be the release of the closely watched nonfarm payrolls report, as investors seek further clues on the health of the U.S. labor market and the broader... More

Payrolls, slumping stocks, Apple, Amazon - what's moving markets

August 2, 2024 5:36 AM EDT

Investing.com -- Wall Street looks set to end the week on a losing note as weak activity data has investors fretting about the possibility of a U.S. recession. Nonfarm payrolls will be studied for growth clues, while results from tech heavyweights Apple and Amazon will also be in the spotlight. 


1. Payrolls loom large

Fridays economic highlight will be the release of the closely watched nonfarm payrolls report, as investors seek further clues on the health of the U.S. labor market and the broader... More

JPMorgan Reiterates Overweight Rating on Apple (AAPL)

August 2, 2024 5:20 AM EDT

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $265.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "As straight a beat as they come - with our broader coverage of Hardware companies reporting a diverse mix of results in an uneven macro, Apples results and execution in that backdrop stood out in its non-eventful nature as most product categories beat consensus expectation helping aggregate revenue do the same. In relation to our bullish view on the AI upgrade cycle, a non-eventful quarter with Apple beating estimates across the board... More

Stocks expected to have increasing option volume: AAPL AMZN VRTX INTC BKNG COIN MCHP

August 2, 2024 4:24 AM EDT

Stocks expected to have increasing option volume: AAPL AMZN VRTX INTC BKNG COIN MCHP

... More

Apple (AAPL) PT Raised to $255 at Citi

August 2, 2024 3:22 AM EDT

Citi analyst Atif Malik raised the price target on Apple (NASDAQ: AAPL) to $255.00 (from $210.00) while maintaining a Buy rating.

The analyst comments: "AAPL posted "beat and raise" results w/implied Sep-Q sales/EPS of $94B/$1.59 and iPhone sales +2.5%Y/Y vs... More

Apple (AAPL) PT Raised to $260 at DA Davidson

August 2, 2024 3:04 AM EDT

DA Davidson analyst Gil Luria raised the price target on Apple (NASDAQ: AAPL) to $260.00 (from $230.00) while maintaining a Buy rating.

The analyst comments: "We reiterate our BUY rating and raise our price target to $260 from $230 on Apple following 3Q24 results that were characterized... More

Apple shares edge higher in Frankfurt dodging broad sell-off

August 2, 2024 2:23 AM EDT

LONDON (Reuters) - Apple shares sat out the rout in tech stocks on Friday, rising 0.3% in Frankfurt after the company said its third-quarter iPhone sales were better than expected and forecast more gains.

Its shares had risen in after-hours trading on Thursday on Wall Street. Fellow tech companies... More

Apple (AAPL) Pressures Tencent And Bytedance Over App Fees In China - Bloomberg

August 2, 2024 12:42 AM EDT

Apple Pressures Tencent And Bytedance Over App Fees In China - Bloomberg

... More

Apple Q3 results tops estimates as services growth offsets softer iPhone sales

August 1, 2024 5:26 PM EDT

Investing.com - Apple reported Thursday third-quarter results that topped Wall Street estimates, as a jump in services revenue helped offset softer iPhone revenue amid rising competition in China. 


Apple Inc (NASDAQ: AAPL) was flat in afterhours trading following the... More

After-hours movers: Apple, Intel, Amazon, and more

August 1, 2024 4:51 PM EDT

After-Hours Stock Movers:

Apple (NASDAQ: AAPL) rose 1% after it reported another strong quarter, beating consensus estimates on the top and bottom line. Services revenue reached a new all-time high.

Intel (NASDAQ:... More

Apple pins hopes on AI for iPhone upgrades as China sales falter

August 1, 2024 4:30 PM EDT

By Max A. Cherney and Aditya Soni

(Reuters) -Apple said its third-quarter iPhone sales were better than expected and forecast more gains on Thursday as it bets on artificial intelligence to attract buyers, even as its overall China business disappointed.

Shares of the company rose nearly 1% in extended trading, outperforming other tech stocks that were broadly lower.

Apple is expected to launch this fall what analysts have called the biggest software upgrade for the iPhone. It includes artificial intelligence features and comes at a time when rivals such as Samsung have been quicker to roll out similar... More

Apple (AAPL) Tops Q3 EPS by 5c

August 1, 2024 4:30 PM EDT

Apple (NASDAQ: AAPL) reported Q3 EPS of $1.40, $0.05 better than the analyst estimate of $1.35. Revenue for the quarter came in at $85.8 billion versus the consensus estimate of $84.45 billion.

For earnings history and earnings-related data on Apple (AAPL) click here.

... More

Apple (AAPL) Asks US Judge to Dismiss Government's Antitrust Case – Court Filing

August 1, 2024 1:08 PM EDT

(Updated - August 1, 2024 1:13 PM EDT)

Apple (NASDAQ: AAPL) Asks US Judge to Dismiss Government's Antitrust Case Court Filing

Apple on Thursday asked a U.S. judge to dismiss federal and state antitrust regulators' lawsuit accusing the company of illegally monopolizing... More

Apple (AAPL) call put ratio 1.9 calls to 1 put into quarter results

August 1, 2024 10:27 AM EDT

Apple (NASDAQ: AAPL) August weekly call option implied volatility is at 89, August is at 34; compared to its 52-week range of 16 to 30 into expected release of quarter results today after the bell.

... More

Apple stock could drift lower on earnings as bullish estimates are dialled back

August 1, 2024 10:19 AM EDT

Apple (NASDAQ: AAPL) stock may drift lower following its June quarter earnings, as analysts at Lynx Equity Strategies caution against overly optimistic expectations.

The stock has surged 31% over the past three months, significantly outperforming the Qs at 12% and SPX at 10%, largely due to better-than-expected China sales and a clear AI strategy.

However, Lynx suggests that current high expectations for fiscal year 2025 are unrealistic.

"Since the... More

Apple is about to report. Here's what to expect

August 1, 2024 10:00 AM EDT

Apple (NASDAQ: AAPL) will release its fiscal third-quarter earnings after the market closes on Thursday, Aug. 1. Among other things, investors are particularly interested in the company's sales performance in the China region and any updates on its AI initiatives following the Apple Intelligence announcement earlier this year.

Analysts, as surveyed by Visible Alpha, expect Apple to report revenue of $84.44 billion, reflecting approximately 3% growth compared to the same period last year. The projected net income stands at $20.66 billion, or $1.35 per share, marking an increase from the third quarter of 2023.

With Apple stock rising 36%... More

Apple (AAPL) call put ratio 1.4 calls to 1 put into quarter results

August 1, 2024 5:50 AM EDT

Apple (NASDAQ: AAPL) August 2 weekly 222.50 straddle priced for a move of 4% into expected release of quarter results today after the bell.

... More

Fed guidance, BOE, Meta's results, Apple - what's moving markets

August 1, 2024 5:47 AM EDT

Investing.com -- The Federal Reserve kept rates unchanged but signaled the possibility of a cut next month. The Bank of England has that decision to make later in the session. Meta Platforms impressed with its quarterly earnings, and Apple is next up after the close. 


1. Fed lifts September rate cut confidence

The U.S. Federal Reserve left interest rates unchanged at the conclusion of its latest policy-setting meeting on Wednesday, as widely expected, but acknowledged recent progress on inflation, raising investor hopes that the central bank... More

Apple (AAPL) call put ratio 1.9 calls to 1 put into quarter results

July 31, 2024 11:09 AM EDT

Apple (NASDAQ: AAPL) August weekly call option implied volatility is at 66, August is at 32; compared to its 52-week range of 16 to 30 into expected release of quarter results after the bell on August 1.

... More

Apple likely to post higher revenue as discounts aid iPhone demand in China

July 31, 2024 7:19 AM EDT

By Aditya Soni

(Reuters) - Apple will likely report on Thursday that it returned to revenue growth in its fiscal third quarter as it won back some customers in China with big iPhone discounts and sold more high-margin iPads thanks to a refreshed design.

Sales of the iPhone, which account for nearly half of Apple's revenue, are expected to have decreased by 2.2% in the three months ended June, a big improvement from the 10.5% decline in the second quarter, according to LSEG data.

Analysts said the worst may be over for the iPhone.

They expect... More

Tech sector should see 20-25% Q2 earnings growth: UBS

July 31, 2024 6:48 AM EDT

Microsoft (NASDAQ: MSFT) reported the result for its fiscal second quarter, with its cloud business seeing a 29% year-over-year revenue increase, slightly down from 31% growth in the previous quarter. Moreover, Q2 revenue slightly missed consensus estimates.

The tech behemoth expects accelerated cloud growth in the first half of next year. Initially, the stock dropped by up to 7% in extended trading but recovered to a 2.6% decline.

According to UBS strategists, Microsofts report could set the stage for market sentiment as... More

Apple (AAPL) August 2 weekly 220 straddle into quarter results

July 31, 2024 4:56 AM EDT

Apple (NASDAQ: AAPL) August 2 weekly 220 straddle priced for a move of 4% into expected release of quarter results after the bell on August 1.

... More

Active options: AAPL MSFT AMZN GME LUMN AVGO PLTR TLRY INTC MU MRK MARA F

July 31, 2024 4:34 AM EDT

Active options: AAPL MSFT AMZN GME LUMN AVGO PLTR TLRY INTC MU MRK MARA F

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Nvidia stock Top Pick at Morgan Stanley again after tech sell-off

July 31, 2024 4:24 AM EDT

Morgan Stanley analysts reassigned a Top Pick rating for Nvidia (NASDAQ: NVDA) stock on Wednesday after the chipmakers shares fell sharply amid a broader market sell-off the previous day.


NVDA tumbled 7% on Tuesday to $103.73, representing its lowest closing price since May. Other chip stocks followed, with the iShares Semiconductor ETF (NASDAQ: SOXX) losing 3.6% on the day.


Morgan Stanley issued no changes to their Nvidia estimates or price target, but noted that the sell-off presents a good entry point as we continue to hear strong data... More