Apple Inc
Apple reportedly cuts production of its new iPhone SE by 20%
Tim Cook at the Apple launch event, March 8, 2022 Apple Apple is scaling back production of its new budget iPhone SE due to weaker-than-expected demand, Nikkei Asia reported Monday. The company has reportedly asked suppliers to cut production of the iPhone SE, its new $429 budget 5G phone, by about 2 million units to […]
Read More
Stocks making the biggest moves in the premarket: Tesla, Beyond Meat, Coinbase and more
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla will ask shareholders to authorize the issuance of additional shares at the upcoming annual meeting so it can pay a stock dividend, according to a company tweet. The additional shares would enable the company to split its stock. Tesla […]
Read More
Elon Musk says he’s considering building a new social media platform
Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Elon Musk said he is giving “serious thought” to building a new social media platform in a Tweet on Saturday. […]
Read More
Oscars updates: Netflix and Apple face off in streaming-services showdown for Best Picture
Workers place Oscar statues along the red carpet as preparation for the Academy Awards continue in Los Angeles, California, March 24, 2022. Mike Blake | Reuters The Academy of Motion Picture Arts and Sciences is hoping that movie lovers will unite and spark an uptick in ratings for the 94th Academy Awards. With the diversity […]
Read More
Jim Cramer says to buy FAANG stocks next time analysts say they’re not investable
Investors should buy FAANG stocks next time they plunge and analysts turn bearish, CNBC’s Jim Cramer said Friday. When analysts come out in droves to claim FAANG stocks are uninvestable, “that’ll be the perfect moment to do some buying,” he said. FAANG is Cramer’s acronym for Facebook-parent Meta, Amazon, Apple, Netflix and Google-parent Alphabet. Cramer […]
Read More
Stocks could take their cue from oil, inflation and interest rates in the week ahead
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE March’s employment report is coming up in the week ahead, but developments in Ukraine, the price of oil and an inflation report are likely to steer the market. Stocks notched gains for the week, while interest rates ripped higher and oil prices jumped. […]
Read More
There’s momentum to change the NFL’s overtime rule as owners prepare for annual meetings
Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas City, Missouri. William Purnell | Icon Sportswire | Getty Images NFL owners are prepping for another round of debates about the league’s overtime rules, which […]
Read More
Investing Club: Here’s a new reason to buy Apple, even after its nine-day winning streak
We believe an iPhone subscription service would solidify Apple’s position as a technology consumer staple and its elevated stock multiple. Source
Read More
Investing Club: The best investors balance a long view with a short focus. Here’s how to do it
Maintaining both a long view and focusing on the shorter term at the same time is tough. The Club shows us how the pros do it. Source
Read More
The bull case on Apple that could take it 70% higher from here, according to Evercore ISI
Some multi-billion opportunities in AR/VR, advertising and more could help the tech company hit the upside scenario. Source
Read More