AAPL Jul 2019 192.500 put

OPR - OPR Delayed Price. Currency in USD
0.2200
-0.0800 (-26.67%)
As of 3:34PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.3000
Open0.2600
Bid0.2000
Ask0.2200
Strike192.50
Expire Date2019-07-26
Day's Range0.2100 - 0.3000
Contract RangeN/A
Volume231
Open InterestN/A
  • 'This one is bad:' Netflix reports big miss in subscriber growth
    Yahoo Finance Video50 minutes ago

    'This one is bad:' Netflix reports big miss in subscriber growth

    A big miss by Netlfix as the stock plummets following weak subscriber growth for its second quarter. U.S. subscribers dropped for the first time in nearly a decade. Yahoo Finance's Seana Smith and Santosh Rao, head of research at Manhattan Venture Partners discuss.

  • Despite antitrust concerns, 'consumers still love' and need services like Amazon
    Yahoo Finance21 hours ago

    Despite antitrust concerns, 'consumers still love' and need services like Amazon

    There's a call to regulate Amazon but it's unclear to what extent and whether it will stunt the company.

  • Your Spotify and Apple Music subscriptions pay artists you never listen to
    Quartz7 days ago

    Your Spotify and Apple Music subscriptions pay artists you never listen to

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  • Netflix Suffers Worst Rout Since 2016 on Drop in U.S. Users
    Bloomberg10 minutes ago

    Netflix Suffers Worst Rout Since 2016 on Drop in U.S. Users

    (Bloomberg) -- Netflix Inc. shocked investors by reporting a drop in U.S. customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.The shares plunged 10% to $325.21 at the close in New York, the worst one-day drop in three years, after the company reported a loss of 130,000 customers in the U.S. Netflix blamed higher prices and a weak slate of TV shows. It signed up 2.8 million subscribers internationally in the period, roughly half what the company predicted.“Netflix has a difficult road ahead, with looming competition and the removal of popular content,” said EMarketer Inc. analyst Eric Haggstrom. But a stronger lineup of new shows in the current quarter could help attract former subscribers, he said.The quarter represents the biggest black eye for Netflix since 2011, when the company split its DVD-by-mail business from its streaming business. That move raised prices for its customers, and resulted in the loss of more than 800,000 subscribers in the U.S. The company had planned to call the DVD service Qwikster, but it backpedaled on the plan after investors and customers scoffed at the idea.Netflix said the miss is a one-time blip rather than a long-term problem. The second quarter has typically been its weakest time of year: The company missed its forecast during the period in three of the past four years.Netflix looks to add 7 million subscribers in the current quarter, thanks in part to the return of top shows “Stranger Things” and “Orange Is the New Black.”“Our position is excellent,” Chief Executive Officer Reed Hastings said during a videoconference call Wednesday. “We’re building amazing capacity for content. Our product has never been in better shape.”Several analysts agreed that the second-quarter disappointment should be only a temporary hiccup for Netflix. Investors should “aggressively buy the stock” on weakness, especially below $325 a share, Loop Capital said.Heavy SpendingFor now, the second-quarter shortfall is renewing investor concern about the company’s heavy program spending and low profitability. Netflix shelled out more than $3 billion on programming in the quarter and another $600 million to market its shows. The company spent $594 million more than it took in and will need to raise money to fund programming.Investors had been forgiving about the spending and the debt -- so long as customers grew at record rates. But the loss of subscribers in the U.S. was the first since the Qwikster debacle, and it suggests Netflix may be running into price resistance or the limits of the addressable domestic market. The company has forecast it can reach as much as 90 million customers in the U.S., compared with 60.1 million currently.Overseas SlowdownInternational results flagged too, with the company missing its own forecast of 4.7 million new subscribers. Europe, Latin America and Asia have been the primary drivers of Netflix’s customer acquisition in recent years, and growth must be sustained if the company is to justify its high valuation.Netflix is introducing a cheaper, mobile-only package in India to attract customers in a big market with price-sensitive customers.Analysts expect the company to have a blockbuster second half because of a heavy release schedule that includes a new season of “The Crown” and movies by directors Martin Scorsese and Michael Bay. Even after the slowdown last quarter, Netflix still thinks it can have its best year of customer growth in 2019.But competition is coming. Walt Disney Co. and Apple Inc. plan to introduce streaming services this year, while offerings from Comcast Corp. and AT&T Inc. arrive in 2020. Those services may not steal users from Netflix, but they will make future growth harder, according to Michael Pachter, an analyst with Wedbush Securities.Just a Preview?“We saw a preview of next year with this quarter,” Pachter said in an interview with Bloomberg Television. “Next year, they’ll have a couple quarters where they’ll lose subscribers.”Another challenge: Competitors are taking back rights to programs that have been popular on Netflix, including “Friends” and “The Office,” to use for their own services. That will force Netflix to rely even more on its original productions.Those efforts have largely been successful. Its shows just earned 117 nominations for the 2019 Emmy awards. But reruns of old shows still constitute the majority of viewing.The slowdown in users overshadowed the company’s quarterly financial results. Earnings for the second quarter fell to 60 cents a share, but beat analysts’ estimates of 56 cents. Sales grew 26% to $4.92 billion, compared with projections of $4.93 billion.The stock had been up 35% for the year at the close of regular trading, nearly double the gain of the S&P 500. The decline spread to related stocks such as Roku Inc., which makes set-top boxes that deliver the streaming service. Its shares fell as much as 2.5%, but closed little changed.(Updates with closing prices)To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Read this before using FaceApp — you give up more personal data than you realize on this Russian-made app
    MarketWatch42 minutes ago

    Read this before using FaceApp — you give up more personal data than you realize on this Russian-made app

    FaceApp has gone viral again with a feature that makes users look elderly, but experts say it may pose security concerns.

  • How Square's Cash App Makes Money
    Investopedia1 hour ago

    How Square's Cash App Makes Money

    Cash App is free to download, and its core functions free to use. So how does this app, which has been downloaded more often than Venmo, make money?

  • Apple Stock Upgraded on 5G Hopes: What You Need to Know
    Motley Fool2 hours ago

    Apple Stock Upgraded on 5G Hopes: What You Need to Know

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  • US-China Trade Talk Update: Things Are Still ‘Complicated’
    Market Realist2 hours ago

    US-China Trade Talk Update: Things Are Still ‘Complicated’

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  • Fund Managers Increased Risk but Still Fear Slowdown
    Market Realist2 hours ago

    Fund Managers Increased Risk but Still Fear Slowdown

    Despite the markets hitting record highs, not many fund managers are in an optimistic mood.

  • Apple Stock Upgraded To Buy On Next Year's 5G iPhone Cycle
    Investor's Business Daily2 hours ago

    Apple Stock Upgraded To Buy On Next Year's 5G iPhone Cycle

    Apple received a fresh buy rating on Thursday based on prospects for a major iPhone upgrade cycle associated with 5G wireless. IPhone chip supplier Skyworks also earned a stock upgrade.

  • TheStreet.com4 hours ago

    TSMC's Outlook Is Good News for Chip Equipment Makers -- And Maybe Also Apple

    The chip manufacturing giant issued upbeat Q3 sales guidance and forecast this year's capital spending will be at the high end of a prior guidance range.

  • The Zacks Analyst Blog Highlights: Facebook, Amazon, Alphabet, Apple and Tesla
    Zacks6 hours ago

    The Zacks Analyst Blog Highlights: Facebook, Amazon, Alphabet, Apple and Tesla

    The Zacks Analyst Blog Highlights: Facebook, Amazon, Alphabet, Apple and Tesla

  • Barrons.com6 hours ago

    Apple Stock Will Rise Because 5G Can Boost iPhone Sales, a Bull Says

    Apple’s future iPhone sales stand to benefit from the services 5G networking can support, according to the stock’s new top Wall Street bull.

  • Apple stock gets an upgrade as analyst sees ‘compelling’ reason to buy forthcoming iPhone models
    MarketWatch7 hours ago

    Apple stock gets an upgrade as analyst sees ‘compelling’ reason to buy forthcoming iPhone models

    The coming iPhone cycle may be a non-event, but rising conviction in a strong 2020 lineup has one analyst feeling bullish about Apple Inc.’s prospects.

  • Quarterly Shocker Could Signal Netflix Top
    Investopedia7 hours ago

    Quarterly Shocker Could Signal Netflix Top

    Netflix missed domestic and international subscriber estimates by wide margins, indicating that recent price hikes have taken a toll.

  • Benzinga7 hours ago

    Apple, Skyworks Get Big Upgrades Ahead Of Potential 5G iPhone Cycle

    The 5G iPhone is coming, and one Wall Street analyst thinks it will be a big catalyst for Apple Inc (NASDAQ: AAPL ) and iPhone supplier Skyworks Solutions Inc (NASDAQ: SWKS ). The Analyst Raymond James ...

  • 5G Stocks To Invest In Span Chipmakers Marvell And Xilinx, Apple, Verizon
    Investor's Business Daily7 hours ago

    5G Stocks To Invest In Span Chipmakers Marvell And Xilinx, Apple, Verizon

    It's early days in the 5G wireless networks build-out. What 5G stocks will get a boost? The top 5G stocks in which to invest include chipmakers, network gear and fiber-optics makers.

  • Stocks - Morgan Stanley, Netflix Fall Premarket; Union Pacific Bounces
    Investing.com7 hours ago

    Stocks - Morgan Stanley, Netflix Fall Premarket; Union Pacific Bounces

    Investing.com - Stocks in focus in premarket trading on Thursday:

  • Square Stock Is a Buy and Hold, but Not at Current Levels
    InvestorPlace8 hours ago

    Square Stock Is a Buy and Hold, but Not at Current Levels

    Square (NYSE:SQ) has reached an inflection point. After losing over one-fourth of its value during the spring, Square stock has now recovered to its February highs.Source: Shutterstock This leaves traders wondering where SQ goes next. The increasing influence of Square could eventually make the company one of the biggest in tech. Consequently, this growth has taken the company to high valuations.While this portends well for the future of the company, whether to buy SQ stock at these levels remains unclear.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks Top Investors Are Buying Now Square Is the Next Tech GiantSquare is so much more than a competitor to PayPal (NASDAQ:PYPL). Long term, SQ stock will become the Apple (NASDAQ:AAPL) or the Amazon (NASDAQ:AMZN) of finance. It has begun to follow in Amazon's footsteps by becoming both a conglomerate and an ecosystem, and ultimately, a disruptor.The company started by enabling every smartphone owner to accept credit cards. It has since moved into point-of-sale systems and can now handle other business functions such as payroll, funding, and marketing. It has also enabled website creation through its purchase of Weebly. Late last year, Square even made a second attempt to become a bank. This approval would allow them to accept deposits.All this will combine into the same ecosystem, one that could do to many industries what Netflix (NASDAQ:NFLX) did to video stores and cable television. If nothing else, it makes Square's point-of-sale system a more compelling offering than the ones built by a company such as NCR (NYSE:NCR).The increasingly cashless society also plays into the firm's plans well. Square's Cash App serves the same function as banks from a consumer standpoint. This could leave investors and consumers may question the future need for a Bank of America (NYSE:BAC) or a Citigroup (NYSE:C). While I believe it is too early to predict the destruction of large banks, it could force radical changes to their business models to survive.Consequently, the question as to whether to buy SQ stock has become one of when and not if to buy. Like other disruptors, SQ trades at a high price-to-earnings (PE) ratio. Analysts forecast average annual profit growth at 46.1% for the foreseeable future. Hence, the company can attract investors even with its forward PE of around 73. The Charts on Square StockWithout fundamentals, analysts will evaluate Square based on charts and momentum. SQ happens to trade at a critical level. At around $82 per share, Square stock trades almost 20% below its all-time high of $101.15 per share. It has also reached the approximate price point from which it pulled back in February.If it sustains itself above $82 per share, I think it will run higher in the near term, perhaps even retesting levels above $100 per share. A pullback could mean that it retests support in the mid-$70s per share range.It could also portend the beginning of a trading range between the low $60s and low $80s per share level.Another critical point could come Aug.1 when the San Francisco-based financial tech firm reports earnings for the second quarter. Since SQ will likely report an earnings beat, investors should watch forward guidance. This could provide the catalyst needed to drive Square stock for the foreseeable future. The Bottom Line on Square StockInvestors need more clarity on the equity's direction before buying SQ stock. Square supports a massive growth rate and continues to make the moves that could make its ecosystem one of the most influential in all of tech.However, the price of Square stock has reached levels where it pulled back in February. At this point, investors need to know that SQ is not forming a double top in the low $80s per share range.If it closes in the mid-$80s per share range or higher, it could retest that $101.15 per share high. If it pulls back, investors should wait until the stock finds its next inflection point.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post Square Stock Is a Buy and Hold, but Not at Current Levels appeared first on InvestorPlace.

  • MarketWatch9 hours ago

    Apple upgraded to outperform at Raymond James on 5G iPhone view

    Apple Inc. was upgraded to outperform from market perform by Raymond James, which says it has greater confidence on next year's 5G iPhone cycle. Raymond James also upgraded Skyworks to outperform, since it's a chip supplier. "Our more recent checks suggest that Apple plans to bring 5G to a wider range of iPhone models, which is different from their plan when they had intended to use Intel's modem. We feel that offering 5G at lower price points will drive a stronger product cycle, and early production plans tend to confirm that view," said the analysts.