Jim Cramer recommended buying Apple stock before the release of its first foldable iPhone, the Duo, which launches on October 23. Despite Apple's stock already reaching a 52-week high, Cramer highlights the Duo as a significant catalyst beyond the usual iPhone upgrades. Apple’s premium pricing and new leasing program aim to boost sales, while supply constraints and memory costs pose risks. Investors should watch shipping times and Apple's upcoming earnings report for signs of the Duo's impact on revenue and margins.
Apple's stock is trading near its 52-week high of $341.07, currently priced at $336.34 as of October 1, 2026, showing a 2.11% gain on the day. This strong performance contrasts with its 52-week low of $245.27, highlighting significant investor interest ahead of the Duo foldable iPhone launch. On Pluang, 80% of order activity is buying, reflecting optimism despite potential risks like supply constraints and memory costs.
Alphabet's stock rose 3% following the signing of a voluntary AI safety accord at the White House, which included Google CEO Sundar Pichai among the signatories. Apple shares gained 2.5%, while Meta Platforms saw a slight decline of 0.3%, reflecting ...
Apple's stock dropped 2% after Bank of America warned that Meta's AI shopping agent, Muse, could divert online commerce away from Apple's ecosystem, potentially impacting Apple's high-margin services revenue. Muse can browse sites and complete tasks ...
Apple's new CEO John Ternus is considering major changes to speed up product releases and streamline the company by cutting middle-management roles. These changes aim to narrow the gap between engineers and executives, encouraging more experimentatio...
Apple CEO John Ternus is accelerating product development by cutting management layers and moving away from traditional launch schedules to release products more frequently. The company paused plans to automate AppleCare roles with AI but is preparin...
Invesco's S&P 500 Equal Weight ETF (RSP) gives the smallest and largest companies in the S&P 500 equal weight, unlike the SPDR S&P 500 ETF (SPY), which allocates more to the largest firms like NVIDIA and Apple. This approach reduces concentration ris...
