With the market near records, many stocks have surged as well. Technology giant Apple hit a new record stock price on Friday, currently near $270 per share, after Citigroup boosted the company’s upside price target by 20% yesterday, predicting blockbuster holiday sales for products like Airpods and the Apple Watch. Another of the big four tech companies, Google, also reached a new all-time high, ...
Apple announced a slew of new services at its event on Monday, including the Apple Card, a credit card that Apple is offering in partnership with Goldman Sachs and Mastercard. In this note, we take a look at what the new card could mean for Apple’s growing services business using Trefis data. more...
With Wall Street in "Full Panic Mode" Apple dropped nearly 9% and John Archer bought more. After yesterday's earnings call, Apple is trading over $176, up almost 9% since Friday's close providing a master class in how to be a great investor. more...
John Archer bought Apple this week reasoning that Apple will either surprise Wall Street to the upside or they will solve whatever problems they have within his investment horizon. Here's the best argument for an upside surprise on Tuesday. Apple's stock is down about 9% since Wall Street went into "full panic mode." Ahead of Apple's earnings on Tuesday, John Archer added to his position reasoning that Apple will either surprise ...
This was a brutal week for the stock market. The Dow was down over 1,400 points to close at 23,553, declining 5.7% which puts it in negative territory for the year, down 4.8%. The S&P was down 6% for the week and is now down 3.2% for the year. The NASDAQ had the worst week, down 6.5%, but is still up 1.3% for the year. Facebook and Amazon both lost $75 billion in market cap last week. While Amazon and Netflix also declined last week ...
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