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 Wall Street ...
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 they ...
Apple Inc and Alphabet Inc’s Google corporate brands dropped in an annual survey while Amazon.com Inc maintained the top spot for the third consecutive year, and electric carmaker Telsa Inc rocketed higher after sending a red Roadster into space. IPhone maker Apple dropped to 29th from its previous position of No. 5, and Google dropped from 8th to No. 28. Apple had ranked No. 2 as recently as 2016, according to the annual Harris Poll Reputation ...
The S&P 500 dropped 0.67% on Monday, in the largest decline since last September. Part of the decline was the 2.1% drop in the stock of Apple, Inc. (AAPL), which was a drag on all of the major averages, as well as the technology sector. The largest holding in the Technology Select Sector (XLK) is Apple, with a portfolio weight of 13.74%. The stock market declined even more sharply on Tuesday with the Dow Industrials and S&P 500 dropping ...
At the iPhone event this past September, people watching for clues on Apple’s AI progress were treated to a slew of AI-infused features in the new iPhones. At the event, Apple executives and presenters explained the new iPhone X’s features using terminology familiar to the AI-literate: the company's new A11 Bionic chip includes a so-called ...
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