Shares of Apple Inc. AAPL, -2.27% rose 1.2% in premarket trading Monday after Wedbush analyst Dan Ives raised its price target to a street high of $ 515 from $ 475, citing a “discernible uptick” in forecasts for the upcoming iPhone 12. He said that uptick was good for question …
Read More »Gold, Apple and the Stock Market are rising. Negative real rates may be why.
Text size Michael M. Santiago / Getty Images The Nasdaq Composite hit 11,000 this past week – and all anyone wants to talk about is negative real rates. You see, it’s not good enough for the Nasdaq to win 2.5% for the week – and in the process break a …
Read More »Why Apple’s Stock Division Won’t Help The Dow
Text size Mladen Antonov / AFP via Getty Images Apple’s 4-for-1 stock split will greatly diminish its influence on the Dow Jones Industrial Average, where the iPhone maker now has the highest weight and the biggest positive influence this year. Apple (ticker: AAPL), whose shares ended Thursday at $ 384.76, …
Read More »Nasdaq Composite kicks off latest trade in July on the upside as tech gains boost stocks, but concerns persist about coronavirus stimulus bill
US stocks opened higher on Friday morning on the last day of July after Apple and Amazon made strong gains and Alphabet and Facebook, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase in coronavirus cases and the disappointing labor …
Read More »How Apple’s stock split will change hierarchical order in the 124-year-old Dow
Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
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