Evercore ISI on Apple (AAPL): 'EVR Monthly App Store Update: No Sign of Impact From Epic Ruling...Yet'

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Evercore ISI Reiterates Outperform Rating on Apple (AAPL) Ahead of WWDC 2025

June 3, 2025 4:08 PM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "ALL YOU NEED TO KNOW: Expectations are rightfully tempered this year at WWDC relative to prior years where we had more material announcements - 2024 (Apple Intelligence) and 2023 (Vision Pro) events. The largest announcement will likely be Apple opening its foundation models to app developers so that they can be leveraged for on device AI. In addition, AAPL may announce more partner options when it comes to their current Apple Intelligence partners beyond... More

Goldman Sachs on Apple (AAPL): 'April and May 2025 App Store Spending grows +12/+13% yoy'

June 2, 2025 4:32 PM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "BOTTOM LINE: April and May 2025 Apple App Store spending grew +12% and +13% yoy respectively, per Sensor Tower. This represents +12% yoy C2Q25 to-date, slightly... More

Alphabet stock falls on monopoly case uncertainties

June 2, 2025 9:10 AM EDT

Investing.com -- Shares of Alphabet Inc. (NASDAQ: GOOGL) fell 2% as the outcome of a federal antitrust case remains uncertain. During a recent hearing, U.S. District Judge Amit Mehta indicated he might consider less stringent measures than those proposed by the Department of Justice (DOJ) to address Googles dominance in online search and advertising.

The judge expressed hesitancy over a 10-year plan suggested by antitrust enforcers, pointing to the rapid changes in the tech industry as exemplified by developments like OpenAIs acquisition of a device startup. The... More

Citi Reiterates Buy Rating on Apple (AAPL) ahead of WWDC 2025

June 2, 2025 5:35 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $240.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Apples 2025 WWDC is scheduled to begin on June 9th with groundbreaking updates coming to Apple platforms. The event is expected to reveal the companys... More

Apple (AAPL) option implied volatility bid into June 9 when Apple kicks off it's Worldwide Developers Conference (WWDC)

June 2, 2025 5:17 AM EDT

Apple (NASDAQ: AAPL) 30-day option implied volatility is at 30; compared to its 52-week range of 16 to 65. Call put ratio 1.3 calls to 1 put into June 9 when Apple kicks off it's Worldwide Developers Conference (WWDC).

... More

Raymond James on Semiconductors: 'Subsidy tailwinds appear to be fading as April smartphone shipments are down 1.6% y/y'

May 30, 2025 9:35 AM EDT

Raymond James on Semiconductors: 'Subsidy tailwinds appear to be fading as April smartphone shipments are down 1.6% y/y'

The analyst comments "Subsidy tailwinds appear to be fading as April smartphone shipments are down 1.6% y/y. However, foreign brands rebounded and were significantly above seasonal (5-year average -7% m/m). We are unsure if recent iPhone price... More