|Bid||209.4700 x 900|
|Ask||209.5100 x 800|
|Day's Range||208.3300 - 210.1500|
|52 Week Range||149.1600 - 210.9500|
|PE Ratio (TTM)||18.97|
|Forward Dividend & Yield||2.92 (1.41%)|
|1y Target Est||N/A|
China is putting the squeeze on its gaming industry. Apple is said to be working on chips for tracking health data. Finally, Intel has announced a new set of vulnerabilities for its chips that could allow hackers to steal information from a person's computer or third-party cloud storage accounts.
Following a rumor last month that Verizon could partner with Apple or Google for TV tie-ins on its rollout of 5G wireless internet, the company announced it has deals with both. The 5G Residential Broadband service it will offer in Houston, Los Angeles, Sacramento and Indianapolis will offer promotional packages with an Apple TV 4K box, and a tie-in with the streaming YouTube TV service. While Verizon did not announce details, according to Bloombergsources customers will either be able to choose a free box or a free subscription.
All three major U.S. stock market indices fell Wednesday. Wells Fargo is bullish on Nvidia, more than doubling the chipmaker's price target to $315 from $140. Kroger announced a partnership with Alibaba that will see the grocer operate in China, and outside of the U.S., for the first time.
One of the most hotly anticipated 13F filings each quarter is the report from billionaire investment guru Warren Buffett and Berkshire Hathaway. Buffett has long been seen as an investment icon, and his company's stellar performance year after year only helps to cement this status. One of the very most important stakes in the Berkshire portfolio is surely Apple Inc. ( AAPL).
Ryan McQueeney discusses the morning's top market headlines, including the effect of the Turkish crisis on U.S. stocks, GE's historic low point, Corona's new marijuana investment, and earnings from retail giant Macy's. Later, he checks in with Warren Buffett's latest holdings and discusses the investing icon's take in Apple.
Warren Buffett has for years been looked at as an investment icon, while maintaining a relatively simple mantra. Buffett and Berkshire Hathaway (BRK.B) have long tried to invest in companies that both the Oracle of Omaha and the conglomerate understand. This sounds easy enough, but what are some of Buffett's most recent investments?
Despite years of outperformance, some analysts still consider big technology stocks Apple Inc. ( AAPL), Alphabet Inc. ( GOOG) and Facebook Inc. ( FB) to be “value stocks." All three are still “great bargains,” according to Monness, Crespi, Hardt analyst Brian White, per an interview with CNBC.
Billionaire George Soros' family office, Soros Fund Management, made some significant changes to its holdings in Q2 of this year, according to a 13F filing submitted to the U.S. Securities and Exchange Commission. One of the most notable shifts in Soros' holdings for last quarter was a significant increase in the fund's investment in BlackRock, the largest asset management firm in the world.
MARKET PULSE Wells Fargo analyst Aaron Rakers double-upgraded shares of Nvidia Corp. (nvda) to outperform from underperform on Wednesday, citing the company's opportunities in gaming, data centers, and autonomous driving.