Consumer prices in December rising at the fastest pace in four decades. where are gas prices going? we talk to an oil expert. Apple shares up 7 percent today, after reporting a record quarter, how did it manage to overcome the chip shortage? Companies pulling out all the stops to lure people back to the office,…
Key Inflation Gauge Rose 5.8% in Dec; Apple Shares Jump As Profits Top Estimates | NTD Business
Apple Stock Bounces Off Key Level, Rallies Higher: What’s Next?
Apple Inc. shares are trading higher Friday after the company announced better-than-expected fiscal first-quarter financial results. Apple reported quarterly earnings of $2.10 per share, beating the $1.88 estimate. The company reported quarterly revenue of $123.9 billion, beating the estimate of $118.28 billion. Apple was up 5.75 percent at $168.38 midday Friday. Apple Daily Chart Analysis Shares…
Apple Testing New Feature That Allows Masked iPhone Owners to Unlock Device Using Face ID
Apple is testing a new feature that will allow iPhone owners to unlock their device using Face ID even while wearing a mask, according to tech YouTuber Brandon Butch. The feature is part of Apple’s new set of beta trials for the next version of its operating system called iOS 15.4 and comes nearly two years after…
Beijing Tightens City Controls Ahead of Olympics
Apple becomes the top-selling smartphone vendor in China, again. The previous leader, Huawei, is suffering major losses thanks to U.S. sanctions. Supply chain problems are expected to get worse, and soon. That’s because of two upcoming events in China: the Lunar New Year holiday and the Winter Olympics. The Chinese regime is making some edits…
Neuberger Analyst Expects Strong Q4 Results for Apple, Amazon, Google: Why He Would Buy the Stocks ‘Right Now’
High-growth tech stocks have come under pressure in recent months as investors anticipate the Federal Reserve hiking interest rates, reducing bond buying and trimming the nearly $9 trillion in assets it’s holding. Neuberger Berman’s Daniel Flax says a lot of the names in the tech space have become oversold and he sees opportunities to buy. “We see a lot to like at current…
Here’s Why Goldman Sachs Sees 12 Percent Downside in Apple
Goldman Sachs analyst Rod Hall reiterated his Neutral rating and $142 price target on Apple Inc. shares heading into earnings. The price target implies a downside of 12 percent. Hall notes company’s iPhone business should see positive results with upside risk to his December numbers. However, retail sales data and Chinese CAICT data suggest slower momentum in the month…
Apple Poised to Outperform Expectations in December Quarter, Analyst Says: How Will Shares React?
Notwithstanding supply constraints, an analyst at Morgan Stanley is positive about Apple Inc.’s December quarter performance. Apple Analyst Morgan Stanley analyst Katy Huberty has an Overweight rating and a $200 price target for Apple shares. Apple Thesis Cupertino is likely to post upside to Street forecasts for the December quarter and guide to a relatively in-line…
Why You Should Not Expect Spectacular New Products From Apple as It Readies for the First Major Event of 2022
This year’s first major Apple Inc. event will dish out “appetizers,” with the tech giant reserving major software and hardware announcements for later on, according to Mark Gurman, a leading technology-focused journalist. What Happened Gurman said in the latest version of his newsletter that this year’s first Apple launches would comprise a “range of minor…
Here’s Why Wells Fargo Bumped Up Apple’s Price Target by 24 Percent
Wells Fargo analyst Aaron Rakers raised the price target on Apple Inc. to $205 from $165 and reiterated an Overweight rating on the shares ahead of Apple’s earnings on January 27. The price target implies an upside of 24.6 percent. Rakers increased Q1 revenue/EPS estimates to $117.8 billion/ $1.85 from $116.4 billion/$1.83. Rakers expects a focus on…
2 Blue-Chip Stocks Consolidate in a Key Pattern: What Will the Break Bring for Apple and Disney?
Apple Inc. and Walt Disney Co. have developed inside bar patterns on the daily chart. An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the direction of the current trend. An inside bar pattern has more validity on longer time frames, such as a four-hour chart. The…
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