188.05 +0.03 (0.02%)
After hours: 4:20PM EDT
|Bid||188.03 x 1000|
|Ask||188.04 x 1400|
|Day's Range||183.74 - 188.39|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||15.51|
|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 of its big event next week . The new, larger, 10.5-inch iPad Air will arrive with a 70 percent performance boost compared to its predecessor, thanks to the company's A12 Bionic chip with Apple's Neural Engine. That'll be useful alongside the now 20-percent larger display -- which is compatible with the first-gen Apple Pencil too.
Apple’s New iPad Air and iPad Mini: The SpecsNew iPad and iPad MiniEarlier today, US tech giant Apple (AAPL) launched new versions of its iPad Air and iPad Mini. The company is set to hold a special event on March 25 at the Steve Jobs Theatre in
Gaming and Social Media: Facebook, Snapchat, Twitter, and EA(Continued from Prior Part)Smartphone shipments in China fell last monthApple’s (AAPL) weak December quarter was mostly due to its China sales, as CEO Tim Cook suggested in December. The
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains details what to expect from Nike's (NKE) third-quarter fiscal 2019 financial results that are due out after the closing bell on Thursday, March 21.
President Trump Brags about US GDP Growth: Is It for Real?Trump’s tweets about the US GDP President Donald Trump never tires of discussing his successes and achievements on Twitter. On March 18, he was at it again with a tweet saying, “GDP growth
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average moved higher Monday. A decline in shares of Boeing and a report saying that U.S.-China trade talks may be pushed back to June limited gains.
"Heart Study" using the Apple Watch showed the device was successful in identifying participants who had irregular heart rhythms. The health-related usage of wearables such as the Watch are seen as an increasingly important business for Apple as smartphone sales growth declines. Apple paid for Stanford University to conduct the virtual survey starting in Nov. 2017 and lasting for eight months.
Wall Street edged higher on Monday as declines in Boeing and Facebook held gains in check and investors eyed this week's Federal Reserve meeting for affirmation of the central bank's commitment to "patient" monetary policy. Coming on the heels of the S&P 500's best week since November, the benchmark index currently hovers about 3.4 percent below its all-time high reached in September.
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Central banks As we discussed previously, central banks in developed economies like the US (SPY), Europe (VGK) (VEU), and Japan (EWJ) have adopted a dovish approach. While
Shares of Amazon.com Inc. rallied 1.9% in afternoon trade Monday, which puts them on track to send a bullish technical signal by closing above the widely followed 200-day moving average (DMA). A close above the 200-DMA, which many chart watchers view as a dividing line between longer-term uptrends and downtrends, would be the third time it has done so over the past 3 1/2 months. The two previous closes above the line, on Jan. 31 and Dec. 3, were followed by quick reversals back below the line the next day. The 200-DMA currently extends to $1,730.20, according to FactSet. The last time it closed above the line for at least 2-straight days was on Nov. 9. Of the other FAANG stocks, shares of Netflix Inc. have closed above its 200-DMA since Jan. 30 and Google-parent Alphabet Inc. has closed above it since March 1, while Facebook Inc. and Apple Inc. are below their respective 200-DMAs. Microsoft's stock has climbed 12.5% over the past three months, while the Dow Jones Industrial Average has tacked on 9.3%. In a note to clients Monday, Wells Fargo said Amazon is still gaining retail customers, and they're visiting more frequently, with the company's "share of wallett" in the fourth quarter increasing 33% from a year ago.
Apple AAPL and researchers from Stanford Medicine released some new results from an eight-month study of more than 400,000 participants, who had access to Apple Watches to monitor their heart rhythm to signs of a medical condition known as atrial fibrillation. The watches are not the newest version, which has an electrocardiogram built-in, but are able to detect abnormal heartbeats.
Shares of Microsoft Corp. rose 0.8% in afternoon trade Monday, putting them on track for a 7th-straight gain toward a 2nd-straight record close. The win streak would be the longest since it rose for 8-straight sessions as of Aug. 9, 2018. The software and cloud-computing company continues to hold its lead as the largest U.S. company by market capitalization, ahead of second-place Apple Inc. , third-place Amazon.com Inc. and fourth-place Alphabet Inc. . Wall Street analysts are overwhelming bullish on Microsoft's stock, as 31 of 34 analysts surveyed by FactSet rate it the equivalent of buy, 2 rate it a hold and just one rates it the equivalent of sell. The average price target of $126.37 implies an 8.1% climb from current levels. Microsoft shares have soared 24% over the past 12 months, while Apple's stock has gained 5.5%, Amazon shares have tacked on 11% and Alphabet shares have edged up 4.6%. The Dow Jones Industrial Average has gained 3.7% the past year.
The Dow Jones Industrial Average and the Nasdaq composite are catching their breath after strong gains last week. Apple is still in a new base.
The Fed's two-day policy meeting begins on Tuesday, where the central bank is widely expected to keep interest rates steady and reiterate its "patient" approach to monetary policy. Investors will be looking for whether the Fed's dot plot, which shows individual committee members' rate views for the coming three years, aligns with the patient approach.
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.