Jim Cramer highlighted Apple as a surprise winner from midterm election results where voters rejected new data center projects. This could ease demand for DRAM memory chips, a major cost for Apple, potentially stabilizing or lowering prices. Apple’s recent stock surge reflects optimism about reduced memory costs, though some experts caution this may be a short-term trade. The key to confirming this trend will be Apple’s upcoming earnings report, especially its gross margin figures, which will show if memory price relief is materializing.
Apple shares are trading at USD 352.33 on Pluang, up 0.81% as of Nov 05, 2026 19:32 WIB, reflecting ongoing investor interest despite a majority of users selling with a 72% sell order activity. The stock's market cap stands at $5.08 trillion, underscoring its massive scale in the technology sector. This trading activity coincides with discussions about potential cost savings from reduced demand for DRAM memory chips, which could influence Apple's upcoming earnings report.
Apple and Tesla both reported lower capital expenditures for 2026, with Apple cutting capex by 28.9% to $9.04 billion and Tesla reducing guidance from $25 billion to $20 billion. However, Apple's business benefits from over 1.5 billion paid subscript...
Apple's shares surged after its fiscal 2026 report showed record revenue of $478.8 billion and a 20% rise in earnings per share. AI models predict the stock could climb another 5.91% to a new high of $354.78 by November 2026. Wall Street analysts als...
Berkshire Hathaway will file its next 13F on November 16, 2026, showing holdings as of September 30. This filing marks the end of Greg Abel's first year as CEO, following Warren Buffett's tenure. The June 2026 report showed a $299 billion US stock po...
Apple has reduced the daily budget its engineering teams can spend on AI from $300 to $200, with further cuts planned, possibly down to $100 or even $25 for some teams. This shift reflects growing caution about the high costs of AI usage compared to ...
Jim Cramer cautioned that Wall Street's rally after the midterm elections, driven by expectations of slower data center development affecting AI investments, might be premature. While tech giants like Apple, Amazon, and Microsoft gained on hopes of e...
