|Bid||187.55 x 900|
|Ask||187.60 x 1100|
|Day's Range||183.74 - 188.39|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||15.49|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||2.92 (1.57%)|
|1y Target Est||180.85|
Needham & Company downgraded the social network's stock due to a number of factors.
Apple's online store went dark earlier this morning, and now it's clear why:The company decided to quietly roll out not one, but two new iPads ahead ofits big event next week
The Seattle Times reported that Boeing's assessment of the Maneuvering Characteristics Augmentation, or MCAS, flight control system was flawed prior to its coming to market in 2015. Meanwhile, a meeting between President Donald Trump and his Chinese counterpart Xi Jinping may be pushed by to June as the two countries will not be able to finalize an agreement by April, the South China Morning Post reported, citing sources. The Federal Reserve is scheduled to begin a two-day policy meeting on Tuesday with investors anticipating another dovish statement from Fed Chairman Jerome Powell.
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Federal ReserveGlobally, governments like to see lower interest rates because it boosts growth. President Trump, who criticized the Fed for keeping rates too low,
Warren Buffett has a clear investing mantra: He likes value, and he likes holding on for the long term. The tactic has worked out well. Since Buffett took the reins of Berkshire Hathaway (BRK.B) in 1964, through the end of 2018, his stock has delivered an annual return of 20.5% that more than doubled the Standard & Poor's 500-stock index.Indeed, as the Oracle of Omaha famously told investors, his favorite investing period is "forever." This message reappeared in the hedge fund guru's most recent annual letter. In describing the fund's current portfolio of stocks, Buffett wrote, "In all likelihood, we will hold most of these stocks for a long time."The 88-year old continued, "My expectation of more stock purchases is not a market call. Charlie and I have no idea as to how stocks will behave next week or next year. Predictions of that sort have never been a part of our activities. Our thinking, rather, is focused on calculating whether a portion of an attractive business is worth more than its market price."That said, times change, and so do investing theses. Buffett has exited positions before, and will continue doing so when it makes sense - sometimes very quickly. For instance, Berkshire recently announced that it had exited its position in Oracle (ORCL) during the fourth quarter - a position it had initiated just one quarter earlier! That's an exception to the norm, but the point is some Buffett stocks are destined to be around longer than others.With this in mind, we delved into Berkshire's portfolio and found five Warren Buffett stocks that seem likely to stick around for the long term. SEE ALSO: The 25 Best Blue-Chip Stocks to Buy Now (According to Hedge Funds)
Shares of Apple continue to press higher, with the stock up another 1% to $188 Monday. The name is now up more than 10% from its lows seven trading sessions ago, on Friday, March 8. The move has certainly caught investors' attention, with many eyeing the stock's big breakout up to the 200-day moving average.
"We did like it when it was at $140, $150 -- but what's happened is that it's just literally up 40 straight points [since then]," Cramer said during an exclusive video-conference call for members of his Action Alert PLUS club for investors. Cramer, whose charitable trust already owns AAPL, recommended against putting new money into the stock despite recent upgrades or positive comments about the stock from Bank of America, Morgan Stanley and Cowen. Cramer said Apple should buy Tandem and Dexcom, whose systems can display your blood-glucose levels on an Apple Watch or iPhone.
It is the latest evidence the company’s fledgling Services division will be the emphasis next week in Cupertino, Calif., when Apple (ticker: AAPL) is expected to announce a new video-streaming service and a reshuffled News subscription plan. In the past, Apple has ended its major product events in March and September with hardware offerings. Sales of iPhone have “fallen off a cliff, and services is the key,” Daniel Ives, an analyst at Wedbush Securities, told Barron’s in an email.
“We try to be intelligent in the way we think about our partnerships with these platforms,” New York Times Chief Executive Officer Mark Thompson said Monday at the Oxford Media Convention in England, answering a question about his company’s relationship to tech giants. Thompson also is maintaining a tactical distance from Facebook Inc., saying the Times limits the number of stories it puts there. “We do not want the principal consumption of the New York Times to be on Facebook,” he said.
Economic Slowdown Deepens, Central Banks Take ChargeCentral banksThe 2019 economic growth outlook was always a sore point for markets. The broader market (SPY) sell-off that we witnessed in the fourth quarter could be partially due to the
The S&P 500 and Nasdaq on Monday extended last week's gains, lifted by technology and financial stocks, as investors waited for the Federal Reserve's policy meeting later this week for further clues on the pace of interest rate hikes. At the central bank's two-day policy meeting which starts on Tuesday, the Fed is widely expected to stick to its pledge of a "patient" approach to monetary policy.
You Really Want To Be Buying Apple Now?Great company, lots of cash, blah, blah…We know this. I use Apple all day every day, BUT, and you knew there would be a but. Right now? You want to buy Apple now? Sure it is outperforming the Nasdaq
The S&P 500 and Nasdaq extended last week's gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve's policy meeting later this week for further clues on the pace of interest rate hikes. The Dow was pressured by Boeing Co, which fell 2.7 percent after Ethiopia said an initial analysis of black boxes showed "clear similarities" in the March 10 plane crash with October's accident in Indonesia.
Netflix was years ahead of its peers in recognizing the opportunity and to go about disrupting the incumbents. Netflix was both agile and aggressive, positioning itself as the go-to service provider and garnering massing market share at a rapid clip. This year is set to be the start of a massive showdown in this sector, with giant rivals focused on gaining market share.
Google engineers are studying foldable smartphones and say they’ve designed a screen that is capable of bending into a “U” shape, two new patent filings suggest.
The new iPad models, geared with Apple's latest A12 Bionic chip and support for Apple Pencil and Smart Keyboard, are already available for order at apple.com and in the Apple Store app in the United States and the United Kingdom, along with a few other countries.
Apple has announced its first new iPad mini in nearly four years, with support for the firm's Apple Pencil stylus for the first time.
Big Tech is bigger than ever, and it's rattling some nerves. Europe's GDPR law is pushing stiffer restrictions regarding what tech companies can do with personal data, and privacy laws in the U.S. and elsewhere are also picking up steam. Data violations are drawing considerable financial penalties: In the U.S. for example, Facebook is reportedly negotiating a multibillion-dollar FTC fine related to the Cambridge Analytica scandal.
debuted the next generation of its iPad lineup with the unveiling Monday of a new 10.5-inch iPad Air and a 7.9-inch iPad mini. The new devices are compatible with the company's Apple Pencil. The new iPad air boosts performance by 70% over its predecessor and features double the graphics capability.