Apple Stock Drops. iPhone Demand Could Take It to a Record High.
Apple stock was falling in trading Tuesday, but improving demand for its latest iPhone 16 may get it back to new highs.Shares of the iPhone maker were down 1.1% to $233.84 in mid morning. The stock closed up 0.
Apple Stock Rises To All-Time High—And Record $3.6 Trillion Market Cap
Shares of Apple rose as much as 2.7%, setting a new intraday record of $237.49. It’s the first time in exactly three months Apple stock hit an all-time high. Though the stock pared gains slightly to 1.7% by 11 a.m. EDT, trading at $235.33 per share, it’s still on track to break the July 16 record close of $234.82.
Stock market today: Dow drops 300 points, Nvidia, Apple close at fresh records
The S&P 500 (^GSPC) dropped almost 0.2%, coming off a fresh all-time closing high and a sixth weekly win in a row. The Dow Jones Industrial Average (^DJI) dropped more than 300 points, closing about 0.
Tim Cook is having a great week as Apple stock hovers within reach of record high
IDC recently estimated that iPhone shipments rose 3.5% in the third quarter, and analysts are optimistic about holiday sales and Apple Intelligence.
Analysts update Apple stock forecast after iPhone shipments show a trend
The iPhone wasn’t just three devices in one—it was a revolution still unfolding. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 Apple announced a preview of Apple Intelligence this summer.
As iPhone Sales Soar in China, Is It Time to Buy Apple Stock?
Apple (NASDAQ: AAPL) received some good news recently when it was reported that the company is seeing strong iPhone growth in China. According to data from Counterpoint Research, through the first three weeks since its launch,
Should You Buy Apple ETFs as the Stock Hovers Around a Record High?
Apple shares have, however, gained momentum in recent weeks. The AAPL stock is expected to report quarterly results on Oct. 31 after market close. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
$5 Trillion Valuation Within Reach For Apple Stock?
Apple’s valuation is also not exactly cheap, with the stock trading at 34x estimated FY’24 earnings and 39.5x trailing ...
Jim Cramer Says Apple (AAPL) Stock Will ‘Blow Through a Lot of Levels’
We recently published a list of 10 AI Stocks to Watch for the Rest of 2024. In this article, we are going to take a look at ...
Nvidia Market Cap Closing in on $3.5 Trillion: Will It Surpass Apple Soon?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Taking Stock Of Apple As Earnings Near
With a market capitalization of nearly $3.6 trillion, Apple (NASDAQ:AAPL) is the largest publicly traded company on the ...
Nvidia’s stock hits new high as it reaches this milestone level
Nvidia Corp.’s stock was a standout gainer in the chip sector on Monday as it powered to levels that cemented a new milestone ...
Warren Buffett's Berkshire Hathaway may have left $23 billion on the table by trimming Apple stock earlier this year
Though Warren Buffett's firm missed out on some gains, Berkshire's Apple trade will likely go down as one of its best in ...
Apple: Why It Is One Of The Best Businesses In The World
Assessing Apple's business model through return on invested capital reveals efficiency despite high earnings multiple. Read ...
Apple Inc. stock outperforms competitors on strong trading day
Shares of Apple Inc. rallied 1.23% to $235.00 Friday, on what proved to be an all-around great trading session for the stock ...