Apple will release its quarterly earnings report on Monday, marking the first results under new CEO John Ternus. Investors will watch closely for insights on how Apple is managing higher memory chip prices, faster product rollouts, and its approach to artificial intelligence. The company recently regained its position as the world's largest by market value, helped by disciplined AI spending that has shielded it from the tech sector selloff. These results will provide a key update on Apple's strategy in a challenging consumer spending environment.
Apple shares are trading near their 52-week high of $348.91, currently priced at $344.78 on Pluang as of Nov 01, 2026 22:11 WIB, showing a slight pullback of 1.18% for the day. This places Apple close to its peak valuation despite a recent tech sector selloff, with a market cap of $5.03 trillion. Investor activity on Pluang leans heavily towards selling, with 76% of orders being sell orders, reflecting cautious sentiment ahead of the earnings report.
US stock markets closed lower last week amid pressure on AI-related stocks, with the Dow down 0.85%, Nasdaq down 2%, and S&P 500 down 0.57%. The Federal Reserve kept interest rates steady at 3.75%-4.00% while upgrading its economic outlook but highli...
Apple CEO John Ternus emphasized that the company aims to integrate AI in its products in a way that genuinely benefits users, rather than using AI just for the sake of it. Despite perceptions that Apple has lagged behind in AI, especially with delay...
Wall Street is expected to remain volatile next week as concerns about AI spending pressure tech stocks. Investors await major earnings reports from Apple, AMD, and others, alongside the midterm elections and the monthly jobs report. CNBC's Jim Crame...
Big Tech companies like Amazon, Microsoft, Alphabet, and Meta showed strong revenue growth in Q3. However, their stocks have dropped as investors worry about negative free cash flow and heavy spending on AI infrastructure. This raises concerns about ...
Apple's stock, currently valued around $345, is projected to grow at nearly 10% annually, turning a $1,000 investment into about $1,522 by 2030. The company reported strong iPhone and Mac demand, authorized $100 billion in buybacks, and sees AI as a ...
