Apple's stock fell 10.3% after its July 30 earnings report, despite beating revenue and EPS estimates, due to concerns over one-time tariff refunds and memory pricing pressures. Analyst Dan Ives of Wedbush Securities remains bullish, projecting a $400 price target driven by a new AI upgrade cycle and strong Services growth. While the consensus price target is $322.82, implying modest upside, Ives highlights Apple's potential from AI-powered Siri enhancements and hardware refreshes. Investors should watch memory cost trends and the evolving AI monetization as key factors for Apple's near-term performance.
On July 29, 2026, Vanguard changed the benchmark index for its Growth ETF (VUG) from the CRSP US Large Cap Growth Index to the Morningstar US Large Cap Growth Index following Morningstar's acquisition of CRSP. The fund's investment strategy and holdi...
Apple shares trade around $305, supported by aggressive buybacks and a growing Services segment, but face pressure from high valuation and supply chain challenges. The company posted strong revenue growth of 16% year-over-year, yet the stock has pull...
Apple reported a record $30.7 billion in Services revenue for the June quarter, up 12% year-over-year, driven by strong iPhone sales and the global rollout of an enhanced Siri AI assistant. CEO Tim Cook expressed high enthusiasm for Siri AI, which is...
Apple has submitted a new proposal for commissions on purchases made through external links in iOS apps, suggesting a 15% fee for standard apps and reduced rates for small developers and special programs. Small businesses would pay 5%, while particip...
Jefferies downgraded Apple stock to sell amid concerns over high valuation, a modest recent quarter, and the cancellation of an all-glass iPhone. However, Apple’s AI advancements, including on-device AI and personalized intelligence, are seen as key ...
