Asking for a Trend Host Josh Lipton previews the biggest market catalysts for Thursday, July 30, including highly anticipated earnings from Apple (AAPL) and Amazon (AMZN) as well as the expected IPO debuts of Jersey Mike's and Reformation.
Klarna Group (NYSE:KLAR) has been selected as the leasing provider for Apple Upgrade, Apple's new hardware leasing program in the United States. The program supports financing for Apple hardware across in-store and online checkout channels. Klarna Group now sits inside a high-profile consumer hardware program with Apple Upgrade in the US. The stock closed at $18.71 and is down 1.7% over the past week, 7.8% over the past month, and 34.5% year to date. Those moves frame the Apple partnership...
Apple came close but couldn’t get there, failing to close at the level it needed to reach to make the milestone for the first time.
(Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, gave a weak profit forecast for the current quarter, signaling that component shortages and rising costs are taking a toll on its main market. Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainApple Set to Make Big Smart Home Push With Siri AI at CenterSK Hynix Profit Dis
Fed Chair Kevin Warsh reassured markets about a resilient economy, but geopolitical uncertainty remains the major factor for most interested parties right now.
Yahoo Finance Markets and Data Editor Jared Blikre tracks options trading activity around Apple (AAPL) shares, specifically explaining how a covered call works. Apple will be reporting its fiscal third quarter earnings results after the closing bell on Thursday, July 30.
Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply constraints and rising costs weighed on its business. In an interview with Reuters, CEO Cristiano Amon said costs had risen not just for memory chips, but across the supply chain. Qualcomm plans to raise prices starting September 1 in an effort to return its margins to historical levels, he said.
Apple stock has had a strong five year run, yet Simply Wall St's valuation checks flag it as leaning expensive, with the Discounted Cash Flow (DCF) estimate indicating the shares trade at a premium to intrinsic value while market based multiples look closer to fair. Apple has returned 136.8% over the past five years, which sets a high bar for any further gains to be justified by future cash flows. Expectations around Apple Intelligence and wider AI deployment can support confidence in long...
UBS highlighted Berkshire's equity portfolio and possible buybacks after the shares substantially underperformed the S&P 500.
Amazon, Apple set to follow tomorrow with their own quarterly numbers; Nvidia’s due next month
Wall Street expects Apple's strongest June-quarter revenue growth since 2021 after the company held iPhone prices steady.
Nvidia holds a slight edge in this battle of tech titans, but both represent premier AI opportunities.
The stock's price has risen nearly 50% this year.
Bernstein managing director & senior analyst Stacy Rasgon and Lopez Research founder Maribel Lopez comment on Qualcomm's (QCOM) position in the AI data center landscape.
AAPL's fiscal Q3 sales may gain from strong iPhone 17 demand, while Mac growth offsets tougher iPad comparisons and supply limits.
Robotaxis are projected to maintain a 71.9% CAGR through 2034, but the field is getting more crowded.
Apple said on Wednesday that proposed UK rules governing its App Store would amount to price regulation, arguing that plans to loosen its control over in-app payments could undermine innovation and investment. In a submission to Britain's Competition and Markets Authority, the iPhone maker said proposed "steering" requirements would go beyond promoting competition and give the regulator a "highly intrusive" role in managing its business. Its proposed measures would allow app developers to direct users to payment options outside Apple's App Store and Google's Play Store and require any fees charged for such steering to be fair and reasonable.
Apple stock is in focus as the iPhone maker’s market cap briefly surpasses $5 trillion. Here’s how you should play AAPL shares at record levels.
Apple customers may start upgrading more frequently, and the company providing the financing could be the big winner.
The Tim Cook era was a highly profitable one for Apple shareholders.