187.50 +1.00 (0.54%)
Pre-Market: 8:21AM EDT
|Bid||187.84 x 4000|
|Ask||187.91 x 1400|
|Day's Range||185.74 - 187.20|
|52 Week Range||142.28 - 194.20|
|PE Ratio (TTM)||18.04|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||2.92 (1.57%)|
|1y Target Est||199.68|
GE replaced by Walgreens on the Dow
The Zacks Analyst Blog Highlights: CenterPoint, Roper Technologies, Axon, Apple and United States Steel
In January, two institutional investors who collectively own about $2 billion worth of Apple (AAPL) shares wrote an open letter to the company’s leadership about the overuse of Apple products. In the letter, investors urged Apple’s management to do something about growing societal unease about addiction to technology products. The investors called on Apple to consider creating tools that parents could use to control the time their kids spend on devices such as the iPhone.
This month Apple followed Google by announcing features to help people cut back on their tech use. Why would the companies that make your phone want you to use it less? If tech is “hijacking your brain” with their “irresistible” products, as some tech critics claim, why are these companies now acting against their own…
When Apple Inc. introduced AirPods earbuds in 2016, chief designer Jony Ive hailed the beginning of a new "wireless future." The company’s devices would connect and charge without fiddly white cords and unsightly plugs and sockets. The next step was wireless charging for the iPhone, the ability to drop Apple’s flagship product on a charging mat and juice it up via a process known as induction. Apple said in September that the iPhone X and iPhone 8 could be charged wirelessly.
A case in point is the Eaton Vance Enhanced Equity Income Fund II ( EOS), which has been a rock star for income investors. Since recommending Eaton Vance Enhanced Equity Income Fund II on September 8, 2017, the fund has scored a total return of 19.14%, including dividends.
Technology stocks have rallied despite trade tensions between the U.S. and China. Facebook, Netflix and the tech-heavy Nasdaq index hit record highs on Wednesday. Many large tech stocks have very little exposure to China and continue to grow rapidly, making them attractive for investors.
The five heavyweight stocks also powered the Nasdaq Composite (.IXIC) to a record high and helped the broader S&P 500 (.SPX) shrug off concerns over tariffs between the United States and China. Trade war worries have limited the benchmark S&P 500's gain to about 3.5 percent this year, but the FAANG group, whose businesses are largely immune to trade and tariffs, has surged 10 times in this period. "We're seeing a big question mark over global trade ... and whenever you see the market get in trouble, it's always important to look for leadership and isolate strength," said Adam Sarhan, chief executive officer of 50 Park Investments in New York.
Fiat Chrysler Automobiles NV and Luxembourg headed to the European Union courts in the first round of a battle pitting the likes of Apple Inc. against EU regulators who singled them out during a crackdown on controversial tax deals for multinationals. In a hearing at the EU’s second-highest court on Thursday, a Fiat unit and Luxembourg challenged the EU’s order for 30 million euros ($35 million) in back taxes in a closely watched case that may preview the fate of far larger tax bills meted out by the bloc’s regulators since 2015. The commission’s state-aid investigators started work in 2013 to unearth what they deem to be the most problematic examples of otherwise legal individual tax agreements -- or tax rulings -- doled out to companies.