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Apple dips below $300 amid Fed fears, but strong earnings and buybacks keep investors buying.

Company Fundamentals
18 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Apple's stock fell below $300 due to fears of Fed rate hikes, but strong Q2 FY2026 earnings and a $100 billion buyback plan boosted investor confidence. The company reported $111.18 billion in revenue, driven by iPhone 17 sales and record Services revenue, with a 4% dividend increase and high profitability metrics. Despite valuation risks and geopolitical concerns, Apple's vast ecosystem of 2.5 billion active devices and recurring revenue from services make it a compelling long-term investment. Analysts remain mostly bullish with a $312.72 price target, viewing short-term dips as buying opportunities.

More News (AAPL)

Market leadership shifts as AI expands beyond Magnificent 7 to include private and semiconductor giants.

Market leadership shifts as AI expands beyond Magnificent 7 to include private and semiconductor giants.

The traditional 'Magnificent 7' tech stocks that dominated market returns are losing their exclusive spotlight as AI innovation broadens the field. New groups like the 'FAB 10' now include private AI leaders such as OpenAI, Anthropic, and SpaceX, alo...

Market News
Bullish
6 hours ago
Intel stock cools after 207% YTD surge; analysts hold mixed views amid Trump-Apple deal news.

Intel stock cools after 207% YTD surge; analysts hold mixed views amid Trump-Apple deal news.

Intel's stock surged 207.52% year-to-date to $121.10 but faces cautious outlooks from analysts. Mizuho Securities sees a modest 5.7% rise to $128, while Bernstein predicts a 17.42% drop to $100, both rating the stock as 'Hold.' Jim Cramer named Intel...

Analyst Insights
Neutral
6 hours ago
JEPQ's high ordinary-income yield makes Roth IRA the best home to avoid heavy taxes.

JEPQ's high ordinary-income yield makes Roth IRA the best home to avoid heavy taxes.

JPMorgan's Nasdaq Equity Premium Income ETF (JEPQ) pays a high yield mostly from option-premium income taxed as ordinary income, not qualified dividends. Holding JEPQ in a taxable account at a 24% tax bracket can cost $12,000 annually in taxes on $50...

Market News
Bullish
7 hours ago
Berkshire's new CEO Abel boosts big tech bets with Alphabet, Apple, and American Express in Q1 2026 portfolio moves.

Berkshire's new CEO Abel boosts big tech bets with Alphabet, Apple, and American Express in Q1 2026 portfolio moves.

Berkshire Hathaway's new CEO Greg Abel is actively reshaping the portfolio, focusing on big tech and consumer franchises that Warren Buffett once missed out on. In Q1 2026, Abel significantly increased holdings in Alphabet, which showed strong earnin...

Market News
Bullish
7 hours ago
Apple faces rising memory chip costs and margin pressure amid AI-driven semiconductor demand surge.

Apple faces rising memory chip costs and margin pressure amid AI-driven semiconductor demand surge.

Apple CEO Tim Cook warned that rising prices for memory and storage chips, driven by AI hyperscalers like Google and Microsoft outbidding others, are creating an "unsustainable" supply situation. This surge in chip costs threatens Apple's profit marg...

Market News
Bearish
7 hours ago
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