Apple unveiled its first foldable iPhone, the Duo, priced at a record high, causing Apple shares to rise 3%. The launch shifts focus to average selling price growth rather than unit sales, with the Duo's unique hinge as a key feature. Skyworks Solutions, a major Apple supplier, rallied 9% due to expected higher content per device and merger news with Qorvo. Alphabet also saw a modest 2% gain amid broad tech sector strength. Investors will watch UK pre-orders in October to gauge demand and supplier impact.
Meta is spending over $100 billion on centralized data centers to support its AI-driven ad ranking, resulting in high capital costs and negative free cash flow. In contrast, Apple focuses on on-device AI processing using its iPhones and Macs, which r...
Apple reported its strongest quarter in years with revenue up 16.4% and EPS beating estimates for the ninth consecutive quarter. Despite some analyst skepticism and risks like memory cost inflation, the company’s new iPhone cycle and Siri AI integrat...
The S&P 500 index reached a record high of 7,819 on October 6, yet 36% of its stocks were 20% or more below their 52-week highs, indicating significant internal market weakness. Leadership has shifted from high-growth AI and high-beta stocks to more ...
Webull has introduced extended-hours trading for select single-stock and ETF options, allowing eligible U.S. customers to trade during pre-market (7:30 a.m. to 9:25 a.m. ET) and post-market (4:00 p.m. to 4:15 p.m. ET) sessions. This move enables trad...
Apple received a Buy rating with a score of 75/100 from Frederik Mueller's rating system, highlighting its strong business model, competitive advantage, innovation, and capital allocation. Despite these strengths, concerns remain over its high valuat...
