Apple

Apple
Apple Stock

Apple’s Slide Topples Last Stock in $2 Trillion Club

(Bloomberg) — A steady slide in Apple Inc. shares pushed the iPhone maker’s market value below $2 trillion, the latest casualty in the tech stock rout. Apple fell as much as 3.7% on Tuesday as concerns about iPhone supply in the important holiday quarter mount and investors lose faith in a reprieve from higher interest […]

Read More
Apple
Apple Stock
FAANG

Apple’s Stock Gloom Spreads as More Analysts Trim Price Targets

(Bloomberg) — More analysts covering Apple Inc. are cutting their share-price forecasts, signaling growing concerns about an economic slowdown that could hurt the sales of its products. Wells Fargo Securities and Morgan Stanley were the latest to lower their price targets, joining a drumbeat of brokerage firms that have recently reduced their stock forecasts ahead […]

Read More
Apple
Apple Stock
Insider Trading

Apple Ex-Corporate Law Chief Admits Years of Insider Trading

(Bloomberg) — The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit. Gene Levoff, Apple’s former director of corporate law, pleaded guilty on Thursday to six counts of securities fraud between 2011 and 2016. Levoff, 48, was co-chairman […]

Read More
Apple
Apple Stock

Apple Rallies Like It’s 2003 as Buyers Flock Back to Big Tech

(Bloomberg) — Apple Inc. extended gains on Tuesday, in a winning-streak last seen nearly two decades ago, as improved risk sentiment is sending investors back to the largest U.S. technology companies. Apple rose for an 11th-consecutive day in New York, climbing 1.9% to close at $178.96 and roughly $3 shy of a closing record reached […]

Read More
Apple
Apple Stock

Apple Set to Snap Win Streak on Report of iPhone Production Cut

(Bloomberg) — Apple Inc. looks set to snap its longest win streak this year after a report that the iPhone maker is cutting production of its entry-level smartphone by a fifth amid lower demand for consumer electronics. After nine straight sessions of gains, the stock fell 2% as of 6:36 a.m. in New York premarket […]

Read More
Apple
Apple Stock

Apple Is Working on a Hardware Subscription Service for iPhones

(Bloomberg) — Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar to paying a monthly app fee, according to people with knowledge of the matter. The service would be Apple’s biggest push yet into automatically recurring sales, allowing users to subscribe […]

Read More
American Workers
Apple
Apple Stock
Wages

Apple Pays Another Round of Rare $200,000 Bonuses to Some Staff

(Bloomberg) — Apple Inc. is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent, according to people with knowledge of the matter. The iPhone maker doled out the bonuses in recent days to a select group of employees in its software and […]

Read More
Apple
Apple Stock
Tech Stocks

Apple Shares Avoid Worst of Tech Selloff Thanks to Flight to Quality

(Bloomberg) — As the Nasdaq 100 Index once again threatens to fall into a bear market, Apple Inc. is living up to its reputation as a relative haven in a turbulent time for tech. While the shares have declined in 2022, the iPhone maker is the best performer among mega-cap companies, with a 10% drop […]

Read More
Apple
Google
Meta
Metaverse

Meta Is Now Calling Out Google Over Apple's App Privacy Rules

(Bloomberg) — Meta Platforms Inc.’s revenue is taking a multibillion-dollar hit this year because its social networks can’t gather as much data on iPhone users. The company spent last year attacking Apple Inc. for the change; now it’s publicly calling out Google, too. The Facebook owner is alleging Alphabet Inc.’s Google, which also sells personalized […]

Read More
Apple
Online Payments
Payment Processors
Payment Service
Payment Stocks

Apple to Rival Square by Turning iPhones Into Payment Terminals

(Bloomberg) — Apple Inc. is planning a new service that will let small businesses accept payments directly on their iPhones without any extra hardware, according to people with knowledge of the matter. The company has been working on the new feature since around 2020, when it paid about $100 million for a Canadian startup called […]

Read More
Apple
Apple Stock

Apple stock is smack in the middle of a perfect storm: strategist

Even with Apple’s stock (APPL) cooling down a touch this week as the company flirted with a $3 trillion market cap for the first time, pros say several positives remain in the cards that are likely to push shares higher soon. “It is entirely possible that we are seeing the perfect storm for Apple bulls […]

Read More
Apple
Apple Stock

Is Apple Stock a Buy Right Now? This Is What You Need to Know

Macro supply-chain pressures might have impacted Apple’s (AAPL) recent relatively disappointing FQ4 (September) print, but Tigress analyst Ivan Feinseth believes these issues are transitory. In fact, the analyst thinks product demand, new product introductions, and “accelerating” Services should all keep the bears at bay. It goes without saying, but Feinseth notes “demand is a good […]

Read More
Apple
Daily Rundown
Earnings Reports
Google
Stock Picks
Tech Stocks

South Korea Is About To Become The First Country To Limit Apple & Google Control Over App Store Payments

Plus, Microsoft said its Windows 11 operating system will begin rolling out on October 5, Zoom shares are down after the company’s growth shows signs of slowing, and sustainable shoe brand Allbirds said it has filed to go public.

Read More
Amazon
Apple
Bitcoin
Cryptocurrency
Daily Rundown
Payment Processors
Stock Picks

Globalstar Shares Surge On Report That Apple’s iPhone 13 Will Support Satellite Communications

Plus, Affirm is partnering with Amazon to offer its payment solution to Amazon shoppers spending over $50, Astra shares dropped after the company’s weekend launch attempt failed, and Reddit traders have a new meme stock in Support.com.

Read More
Apple
Beauty and Cosmetics
Daily Rundown
Earnings Reports
Economic Trends
Economy
Electric Vehicles
Federal Reserve
Fitness
Home Fitness
IPO
Stock Picks
US Economy

Peloton Shares Drop After The Fitness Company Discloses It Has Been Subpoenaed By The DOJ & DHS

Plus, Fed Chair Jerome Powell said the central bank is likely to begin tapering before the end of this year, Apple announced App Store updates, and Rivian Automotive confidentially filed to go public.

Read More
X