Apple is scheduled to report its fiscal fourth-quarter earnings after the closing bell Thursday, with traders betting on a move in the iPhone maker's stock that could take it to new highs after the results.
Hollywood is abuzz with a tentative planned Warner Bros. Discovery split, and the potential for another major studio to buy WBD.
Hot off its historic jump to a $4 trillion market cap, Apple will report earnings for its fiscal fourth quarter after the closing bell on Thursday. Wall Street is highly bullish on iPhone demand, which analysts see as the key driver of a consensus-beating report.
Investors are waiting for Apple to report earnings for its fiscal fourth quarter on Thursday. Analysts are expecting the iPhone maker to report around $102 billion in revenue for the quarter.
Apple Inc. (NASDAQ: AAPL) stock trades near its all-time high.
Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion.
Apple (NASDAQ: AAPL) received a major boost from Bank of America, which raised its price target for the tech giant to $320 from $270, marking a new high among Wall Street forecasts.
Apple's iPhone business exceeded expectations in the June quarter, and early iPhone 17 indications have been encouraging. But is that demand sustainable?
Three names now sit in the $4 trillion club: Nvidia, Microsoft and, briefly on Tuesday, Apple. It is the headline of an AI-fuelled rally that has pushed technology shares to record highs and filled many UK portfolios, through ISAs, SIPPs and pension funds, with exposure to these US giants.
The equity market continues to ignore the government shutdown (perhaps treating it as a positive) and, more importantly, the slowdown signals emanating from the economy itself. For the week ending Friday, October 24th, the euphoria continued with the major indexes all up in the two percentage point range for the week, putting the month of October, which had been lackluster, solidly in the green (see table).
Apple reportedly asked a judge Monday (Oct. 27) to dismiss a racketeering lawsuit brought by Fintiv.
A French court has ordered Apple to pay around 39 million euros ($45 million) to mobile network operators over accusations it imposed unfair contract conditions to allow them to sell iPhones.