#AAPL - Apple Inc Forecast | Explore Tumblr Posts and Blogs

ailtrahq · 1 year

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The Apple stock’s dividend yield for TTM is 0.53% and its last dividend payment was $0.24 per share. The AAPL last ex-dividend date was August 11th, 2023 and its payout ratio is 15.63%. Apple Inc.’s latest quarterly earnings report for the period ending June 2023, reported an EPS of $1.26 for the period ending June 2023, beating the analysts’ estimate of $1.195 by a difference of $0.065. AAPL’s next quarter revenue is estimated to be $89.19 Billion and the estimated EPS is $1.389. The report will be released on November 2nd, 2023. The AAPL stock displayed a revenue of $81.80 Billion, with a net income of $19.88 Billion, but displayed a decline in profit margin of 24.30% from the last quarter. This quarter, Apple’s reported revenue exceeded analysts’ estimates by $2.084 Million (0.00%). Furthermore, AAPL stock’s latest quarterly balance sheet for the period ending June 2023 reported total assets of $335.05 Billion and total liabilities of $274.75 Billion. The AAPL debt-to-assets ratio is at 82.01%, which might pose a concern for AAPL as the ratio is way above moderate. AAPL Stock Price Technical Analysis in 1-D Timeframe The AAPL stock has a CMP of $178.39 and an intraday loss of 0.34%. The AAPL stock’s average volume for the last 10 days is 59.216 Million and its current volume is 43.694 Million. The AAPL stock has a float of 15.62 Billion shares and a market cap of $2.79 Trillion. The AAPL stock price rose from the $124 support level in January 2023 and reached a high of $198.2 in July 2023 by making higher highs and lows. It faced resistance and fell since the investors took out their profit for the period ending June 2023 quarter reports. However, the stock showed recovery signs as the price showed healthy correction and fell to form support it took at $170 around the end of September 2023. Therefore, if Apple stock manages to gain strong buying momentum and surges above the swing high, it can blast a new uptrend rally. Therefore, the probable resistance levels are between $180 and $190. Alternatively, if the stock faces resistance again and continues to fall below, and breaks below $170, then it could fall up to $160. Source: AAPL.1D.NASDAQ by TradingView Source: AAPL.1D.NASDAQ by TradingView At the time of publishing, the price of Apple Inc. (NASDAQ: AAPL) found recent support at $170, and it jumped over 20 and 50 EMA. If more buying volume assists the AAPL price may surpass the above hurdles. The MACD indicates a bullish cross due to both lines’ histogram width broadening in the MACD tool. The RSI is at 53.99 and has bounced off the 14 SMA which is at $43.99. The indicators in the AAPL stock suggest positive signs on the charts. Moreover, the AAPL stock ratings for the stock are positive and highly recommended based on 44 analysts who have evaluated the stock in the last three months. The 1-year price forecasts for AAPL stock by 37 analysts range between $125.00 to $240.00. Summary Apple Inc. (NASDAQ: AAPL) chart indicates that the traders and investors of the share price are bullish and positive on the 1-D time frame. The price action shows a bullish outlook at the time of publishing. Furthermore, the technical analysis tools of the Apple stock price highlight upward signals and support bullishness. Technical Levels Support Levels: $52.5 and $50.5 Resistance Levels: $54.5 and $56.5 In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

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yrobotllc · 1 year

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Analyzing the Future: Apple Stock Price Forecast for 2023 and Beyond

Introduction:

Investing in the stock market requires careful analysis and forecasting to make informed decisions. One of the most sought-after stocks by investors is Apple Inc. (AAPL), the tech giant known for its iconic products like the iPhone, iPad, and Mac. In this article, we will delve into the world of Apple Stock Price Forecast and provide a comprehensive forecast for its price in 2023 and beyond.

Apple's Past Performance:

Before we dive into the future, let's briefly review Apple's past performance. Over the last decade, Apple's stock has been on a remarkable journey. From its humble beginnings in 2010, when it traded at around $11 per share, to becoming the world's first trillion-dollar company in 2018, Apple's stock has seen substantial growth. However, past performance is not always indicative of future results.

Factors Influencing Apple's Stock Price:

Several factors can influence the price of Apple's stock in the coming years. Here are some key considerations

Product Innovation: Apple's ability to innovate and launch new products will significantly impact its stock price. Investors watch for groundbreaking releases like the iPhone 14 or a revolutionary new product category.

Global Economic Conditions: The state of the global economy plays a vital role in Apple's performance. Economic downturns can affect consumer spending on luxury tech products.

Competitive Landscape: Rival companies like Samsung and Google continue to challenge Apple's dominance. Any significant shifts in market share can impact the stock price.

Regulatory Challenges: Apple faces regulatory scrutiny in various regions, particularly regarding its App Store policies. Changes in regulations can impact the company's profitability and stock price.

Supply Chain and Production: Events like supply chain disruptions or production delays, such as those seen during the COVID-19 pandemic, can affect Apple's stock price.

Earnings and Revenue Growth: Apple's financial performance, including earnings and revenue growth, is a critical factor in determining its stock's value.

Forecasting Apple's Stock Price:

While no one can predict future stock prices with absolute certainty, analysts use various methods to make informed forecasts. These methods include technical analysis, fundamental analysis, and sentiment analysis. They also consider historical data, industry trends, and macroeconomic factors.

For 2023 and beyond, most analysts are cautiously optimistic about Apple's stock. They anticipate continued growth, driven by product innovation, services like Apple Music and Apple TV+, and a loyal customer base. However, they also acknowledge the risks associated with regulatory challenges and competition.

For more info:-

Apple Stock Forecast

Stock Market Ai Predictions

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tradestockmrkts · 1 year

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10 Essential Stock Market Terms Every Trader Should Know

Mastering the Language of Stock Trading: 10 Essential Terms Every Trader Must Understand. By Amir Shayan The stock market is a dynamic and complex financial ecosystem where traders and investors buy and sell shares of publicly listed companies. Whether you are a seasoned trader or a beginner looking to dip your toes into the world of stocks, understanding the essential stock market terms is crucial for making informed decisions and navigating this exciting landscape. In this comprehensive guide, we will introduce you to the ten essential stock market terms every trader should know. From understanding the basics of stocks to unraveling the intricacies of market orders and technical analysis, we've got you covered. So, let's dive in and empower you with the knowledge to thrive in the stock market. - Stock Let's start with the fundamentals. A stock, also known as a share or equity, represents a small ownership stake in a publicly traded company. When you buy a stock, you become a shareholder and have a claim on a portion of the company's assets and earnings. - Stock Exchange A stock exchange is a centralized marketplace where stocks are bought and sold. Examples of well-known stock exchanges include the New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE), and Tokyo Stock Exchange (TSE). These exchanges provide a platform for buyers and sellers to trade stocks in a regulated environment. - Ticker Symbol Each publicly traded company is identified by a unique ticker symbol. Ticker symbols are shorthand codes used to represent companies on stock exchanges and in financial media. For instance, "AAPL" represents Apple Inc., and "GOOGL" represents Alphabet Inc. (formerly Google). - Bull Market and Bear Market A bull market refers to a prolonged period of rising stock prices and overall optimism in the market. On the other hand, a bear market signifies an extended period of declining stock prices and pessimism among investors. Understanding these market trends is crucial for timing your trades effectively. - Market Order A market order is a buy or sell order that instructs the broker to execute the trade at the prevailing market price. It guarantees that the order will be executed promptly, but the actual price of execution may differ slightly from the last traded price. - Limit Order A limit order allows you to specify the maximum price you are willing to pay (in the case of a buy order) or the minimum price you are willing to accept (in the case of a sell order). It provides control over the price at which your trade is executed, but there is no guarantee that the trade will be executed if the stock price does not reach your specified limit. - Dividend A dividend is a distribution of a portion of a company's earnings to its shareholders. Companies that generate profits often pay dividends to reward their shareholders. Dividends are usually paid in cash, additional shares, or other assets. - P/E Ratio The Price-to-Earnings (P/E) ratio is a valuation metric that measures a company's current share price relative to its earnings per share (EPS). It is a crucial indicator of a company's valuation and helps investors assess whether a stock is overvalued or undervalued. - Technical Analysis Technical analysis involves studying past market data, primarily price and volume, to forecast future price movements. Technical analysts use various tools, such as charts and technical indicators, to identify patterns and trends that could help predict stock price movements. - Blue Chip Stocks Blue chip stocks are shares of large, stable, and well-established companies with a history of reliable performance. These companies typically have a significant market presence, strong financials, and a track record of paying dividends. Blue chip stocks are considered relatively safer investments.

Conclusion:

The stock market is a fascinating and ever-changing domain that offers immense opportunities for traders and investors. By familiarizing yourself with these ten essential stock market terms, you will gain a solid foundation to build upon as you explore and engage in the exciting world of stock trading. Remember, continuous learning, disciplined research, and prudent risk management are key to success in the stock market. Happy trading! (Note: The information provided in this article is for educational purposes only and should not be considered as financial advice. Please conduct your research and consult with a qualified financial advisor before making any investment decisions.) Read the full article

#beginner'sguide #finance #financialmarkets #investment #Investoreducation #Stockmarket #Stockmarketbasics #stocktrading #tradingstrategies #Tradingterms

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emaanderson · 1 year

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AI Chip Market Share, Revenue, Growth Rate With Forecast Overview Till 2030

The global AI chip market is expected to garner a large revenue by growing at a remarkable CAGR throughout the forecast period, i.e. 2021 – 2030, owing to the surging adoption of artificial intelligence technologies globally, increasing need to solve mathematical and computational problems effectively, and growing volume of data stored. More than $11 billion were spent on AI based business operations globally in 2019. Furthermore, rising investments in smart homes and cities is also estimated to fuel the expansion of market in the coming years.

Research Nester published a report titled “AI Chip Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalAI chip market in terms of market segmentation by type, application, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The market is segmented by type, end user and application. On the basis of end user, the IT & telecom segment is anticipated to grab the largest share during the forecast period accounting to the growing demand for smart appliances and increasing need of devices offering improved user experience. Additionally, the BFSI segment is also expected to occupy a notable market share in the near future on the back of availability of huge amount of data in this industry vertical.

Regionally, the AI chip market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific is projected to witness the highest market growth during the forecast period, which can be attributed to the escalating use of AI technologies and intensifying investments to establish AI startups in the region.

Request Sample To Learn More About This Report @ https://www.researchnester.com/sample-request-3084

Growing Adoption of Artificial Intelligence to Drive Market Growth

Increasing developments in emerging economies such as China and India across a number of industries has created a major potential for the development of AI based technologies. Furthermore, growing investments by government agencies to build more number of smart homes and smart cities globally is anticipated to offer opportunities to develop devices embedded with an in-built AI chip, which is assessed to drive growth to the market in the coming years.

However, dearth of skilled IT professionals is expected to operate as key restraint to the growth of the AI chip market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global AI chip market which includes company profiling of NVIDIA Corporation (NASDAQ: NVDA), Intel Corporation (NASDAQ: INTC), Apple Inc. (NASDAQ: AAPL), Huawei Technologies Co., Ltd., International Business Machines Corporation (NYSE: IBM), Advanced Micro Devices, Inc (NASDAQ: AMD), Baidu, Inc. (HKG: 9888), Microsoft Corporation (NASDAQ: MSFT), Arm Limited, Graphcore Limited, and others.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the AI chip market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-3084

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nsebullcom · 1 year

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These stocks can play catch-up with megacap tech, lifting the S&P 500: Stifel's Bannister

Cyclical value stocks, including shares of companies in the financials, industrials and basic materials sectors will play a catch-up to outperforming megacap technology shares heading into the third quarter of 2023, broadening the stock-market rally and lifting the benchmark S&P 500 index to 4,400, a closely followed Wall Street analyst forecast on Tuesday. “Most gains since October 2022 were cyclical growth, technology, for example, but now we see cyclical value such as basic materials, industrials, financials in a catch-up price-to-earnings ratio led rally to the third quarter of 2023, which broadens the market while limiting cap-weighted index upside,” said Barry Bannister, chief equity strategist at Stifel, in a Monday note. The cyclical growth category includes software (Microsoft Corp. MSFT, -0.75% -dominated), semiconductors (Nvidia Corp. NVDA, -1.43% -dominated), tech hardware (Apple Inc. AAPL, -0.29% -dominated), retailing (Amazon.com AMZN, +1.01% -dominated), media, autos (Tesla Inc. TSLA, +1.20% -dominated) and apparels, while the cyclical value category includes banks, materials, transportation, real estate, capital goods and insurance, according to Stifel. Most of the stock-market gains so far in 2023 have been powered by a handful of tech-focused names, whose weighting in the S&P 500 SPX, -0.01% is at a historically high level. They have helped lift the index higher by 11.3% this year and had it on the verge of exiting its longest bear-market run since 1948. However, a top-heavy concentration usually indicates limited participation and is not sustainable over the long term. That’s why a “catch-up” rally in cyclical value stocks could help broaden out the stock-market advance, but it will restrict the future upside for the cap-weighted S&P 500 as companies in the cyclical value category only account for 24% of the index, while the cyclical growth represents a notable 44%, Bannister said. Among the 11 sectors of the S&P 500, the financials sector SP500.40, +1.10% has risen 2% over the past month, while the industrials sector SP500.20, +0.29% has advanced 0.8% and the materials sector has shed 1.5% over the same period. At the other end of the spectrum, the communication services SP500.50, +0.90% and information technology sectors SP500.45, -0.34% have jumped over 10%, thanks to robust gains in megacap growth and tech stocks, according to FactSet data. Strategists at Stifel divide the 24 industries in the S&P 500 into four quadrants based on economic growth, which affects earnings-per-share, versus inflation, which has affected price-to-earnings ratio since 1990. The chart below shows the cyclical growth stocks have been overbought since the start of 2023 when strategists compared their shares with their 50- and 200-day moving averages. However, stocks in the cyclical value category have been oversold in the same period and are poised to rebound when “global GDP firms, U.S. dollar weakens, and the Federal Reserve officially reaches the end of its interest-rate hiking cycle,” the strategists said.

SOURCE: BLOOMBERG DATA, STIFEL ESTIMATES “Since Oct. 24, 2022, we’ve preferred the cyclical quadrants (at right), seeing no near-term recession and high but cooler inflation,” said Bannister. However, Bannister is still cautious over the longer term as he sees reasons to watch out for a “textbook” recession in late 2023 and flattening earnings growth by year end. The 50-day moving average of the 3M-10Y Treasury yield curve shows recession risk in September 2023, with “no false signals the past 55 years in 8 recessions,” said Bannister (see chart below).

SOURCE: BLOOMBERG DATA, STIFEL ESTIMATES “We believe recessions and bear markets are surprises and not so widely anticipated, leaving consensus sentiment since Oct. 2022 off-sides, but risk may indeed rise in 4Q23 and beyond,” said Bannister. “As the 2023 slowdown proves mild the economy encounters resource constraints late-2023 or 1H24, and because there is no economic reset as sought by the Fed, then between 4Q23 and 2Q24 there may be policy or economic risk.” U.S. stocks traded nearly flat on Tuesday afternoon as investors remained cautious and awaited the May CPI data and Fed’s interest-rate decision due next week. The S&P 500 was up 5 points, or 0.1%, to 4,278, while the Dow Jones Industrial Average DJIA, -0.25% lost 0.2% and the Nasdaq Composite COMP, +0.22% advanced 0.2%. Source link Read the full article

#Bannister #catchup #lifting #megacap #Play #Stifels #Stocks #Tech

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dv554822 · 2 years

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Mobile Value Added Services (VAS) Market Share, Growth, Opportunity And Forecast- 2027

GSM Association (GSMA) in one of its statistics stated that 67% of the global population or 5.1 billion people around the world subscribed to mobile services by the end of 2018 and 1 billion new subscribers have been added in the four years since 2013, representing an average annual growth rate of 5%. Moreover, it also anticipated that around 710 million people are expected to subscribe to mobile services over the next seven years from 2019. Furthermore, GSMA also stated that mobile technologies and services generated USD 3.9 trillion of economic value (4.6% of global GDP) in the year 2018 and is further anticipated to reach a contribution of USD 4.8 trillion by 2023, which is around 4.8% of the global GDP contribution.

Research Nester has released a report titled “Mobile Value Added Services (VAS) Market – Global Demand Analysis & Opportunity Outlook 2027″ which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis, and Porter’s five force model.

The statistics portray the increasing penetration of smartphones and the rapid usage of mobile device amongst the users. Rising need for connectivity and portability and the ability of the devices to provide the user access to apps, read the news, surf the web, check e-mails on the go and have great social media interaction, coupled with the rising demand for faster telecommunication services and high rate of internet penetration, all of these factors are anticipated to contribute significantly towards the global mobile VAS market.

The global mobile VAS market is anticipated to record a CAGR of around 10.24% during the forecast period, 2019-2027. The market is segmented by application into mobile browsing, location based services, entertainment services, mobile texting and others. Among these segments, entertainment services segment is anticipated to hold the largest market share on account of the rising global digital gaming market, which is anticipated to record a CAGR of around 16.5% over the forecast period (2019-2027) and entertainment services platform being a key source of revenue for the digital advertisement industry.

Geographically, the global mobile VAS market is segmented by five major regions into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa region, out of which, Europe is anticipated to hold largest market share owing to increasing mobile data usage and rise in the consumer mobile engagement levels. GSMA in one of its statistics stated that Europe had a 4.5 score ranking on a scale of 0-10 in the global mobile engagement index (GMEI). Additionally, Finland and Sweden record global ranking of 3rd and 4th respectively.

However, concerns regarding restrictions in the utilization of value added services by users owing to data privacy is estimated to act as a barrier to the growth of the global mobile VAS market.

This report also studies existing competitive scenario of some of the key players of the global mobile VAS market, which includes the profiling of AT&T Inc. T, +0.38%, Apple Inc. AAPL, -0.78%, Alphabet, Inc. GOOGL, +0.56%, Blackberry Limited BB, +1.09%, Samsung Electronics Co. Ltd. (krx:005930), Sprint Corporation S, +0.34%, Vodafone Idea Limited (nse:IDEA), Tech Mahindra Limited (nse:TECHM), ZTE Corporation (she:000063), OnMobile Global Limited (nse:ONMOBILE).

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Mobile Value Added Services (VAS) Market – Global Demand Analysis& Opportunity Outlook 2027”, analyses the overall global mobile VAS snacks industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global mobile VAS market in the near future.

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mystockprediction · 2 years

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Apple (AAPL) Stock Forecast, 2023, 2024, 2025, 2030, 2040

Information About Apple, Inc. Apple Inc. is a leading brand that needs no introduction. It is a multinational technology company that was founded by Steve Jobs. On April 1, 1976, the Apple Computer Company was founded. It is based in Cupertino, California, and focuses on online services, software, and consumer electronics. Apple would be the world’s second-most valuable corporation in 2021, the…

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researchnesterinsights · 3 years

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Superphones Market Rapidly Growing with Huge Application Scope and Opportunities by 2028

Research Nester published a report titled “Superphones Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers a detailed overview of the superphones market in terms of market segmentation by the operating system, by distribution channel, and by region.

A superphone has further deep access to hardware capabilities, and the hardware is a notch above what we generally see on a smartphone. The superphone has a remarkable camera, that advances itself to high-quality photo and video capturing. It has numerous microphones for noise cancellation, both for calls and video recording.In addition to better hardware, superphones have better software too.

The superphones market is expected to observe an attainable high CAGR during the forecast period, i.e., 2020-2028. The market is segmented by the operating system, distribution channel, and region. Among operating systems, the android segment is expected to lead the global market of superphones in the forecast period owing to easy accessibility. Among distribution channels, the offline segment is estimated to hold the major market share.

This growth is accredited to the rising in filtration of hypermarkets and supermarkets around the world ,the facility of personal services, easy returns, and physical authentication of products before buying. The online segment is expected to grow at a fast pace owing to the convenience it offers to the buyers and also due to the current pandemic situation, globally.

Regionally, the superphones market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

Request Sample of This Strategic Report @ https://www.researchnester.com/sample-request-2735

The superphone market in the North-America region is expected to hold a major market share on account of the highawareness about smart technology, the increased spending power of consumers, and expansion in online trading. Major demand is expected from the US and Canada.

Europe is expected to be the second-largest market for superphones owing to the growing population, the rising spending power of customers, the presence of dominating market players, expansion of e-commerce platforms, and growing awareness regarding superphones.

The Asia-Pacific region is estimated to witness the fastest growth during the forecast period owing to the growing populace, youngsters seeking high digital consumption, expanding income levels of individuals, and the presence of leading players in the region.

An increasing need for top-notch camera quality andrising digital consumption amongst the youth will further propel the overall market growth

Product innovations and technological advancements are enhancing current smartphones with escalated benefits. With growing tech-savvy populace, youngsters craving for more digital consumption, individuals preferring phone photography over bulky DSLR gadgets, the overall sales of superphones are going to witness a remarkable boost in the coming future.

Additionally, the current pandemic has forced students globally to study online platforms which will further boost the future sales of superphones.

Request a Sample Copy of Concerned Market Report @ https://www.researchnester.com/sample-request-2735

This report also provides the existing competitive scenario of some of the key players of the superphones market which includes company profiling of Sony Corporation (TYO: 6758), Motorola Mobility LLC. (NYSE: MSI), ASUSTeK Computer Inc. (TPE: 2357), HTC Corporation (TPE: 2498), LG Display Co., Ltd. (KRX: 034220), Apple Inc. (NASDAQ: AAPL), Huawei Technologies Co. Ltd. (SHE: 002502), ZTE Corporation (SHE: 000063), Samsung (KRX: 005930).

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights, and industry analysis to help industries, conglomerates, and executives to take wise decisions for their future marketing strategy, expansion, and investment, etc. We believe every business can expand to its new horizon, provided the right guidance at the right time is available through strategic minds. Our out of box thinking helps our clients to take wise decisions to avoid future uncertainties.

AJ Daniel Email: [email protected] U.S. Phone: [+1 646 586 9123] U.K. Phone: [+44 203 608 591]

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schaeffersresearch · 2 years

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The company's revenue beat Wall Street's estimates

#Buzz Stocks

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ailtrahq · 1 year

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The AAPL stock has a float of 15.62 Billion shares and a market cap of $2.669 Trillion. The Apple Inc. stock’s average volume for the last 10 days is 67.338 Million and its current volume is 56.285 Million. The AAPL stock has a CMP of $170.69 and an intraday gain of 0.15%. At the time of publishing, the major EMA’s in Apple Inc. (NASDAQ: AAPL) are bearish. MACD shows a bearish cross on the charts with stagnant width in the histogram and RSI is at 37.01 facing resistance from 14 SMA. However, the stock ratings for Apple stock are positive and highly recommended based on 44 analysts who have evaluated it in the last three months. The 1-year price forecasts for Apple stock by 38 analysts range from $125 to $240, with a high potential for growth. The AAPL stock has been on an upward trend since March 2020, starting from $42 support and making higher highs and lows until it reached $198 by July 17, 2023. However, the high level was unsustainable for the buyers and the AAPL price declined due to shareholders cashing out after the earnings report. The AAPL stock made another attempt to reach the high but was met with more selling pressure and fell back after reaching $190, and at press time trading at $170.69. Apple’s latest quarterly balance sheet for the period ending June 2023, reported total assets of $335.04 Billion and total liabilities of $274.76 Billion. The debt-to-assets ratio is at 82.01%, which might be a concern for AAPL stock. The latest quarterly earnings report for the period ending June 2023, displayed a revenue of $81.80 Billion, with a net income of $19.88 Billion, and a profit margin of 24.31%. This quarter, the reported revenue was exactly matched by analysts’ estimates. The next quarter’s revenue is estimated to be 89.194 Billion. The AAPL stock’s dividend yield for the TTM is 0.55% and its last dividend payment was 0.24 per share. The last ex-dividend date was August 11th, 2023 and its payout ratio is 15.63%. Apple Inc. stock has been increasing its dividend amount every year and the dividend in the last five years grew from $0.68 to $0.90 per share. This indicates that AAPL is strong and reliable in terms of its fundamentals and financials and has a long-term potential for growth in its share price. AAPL Stock Price Technical Analysis in 1-D Timeframe Source: AAPL.1D.NASDAQ by TradingView Apple Inc (NASDAQ: AAPL) is experiencing a decline from $198, The current market price of AAPL stock is $170.69 and went past the previous swing low. The stock may continue to fall further if it breaks below the current levels and breaks below $160, which could lead to a target of $150. On the other hand, if Apple stock manages to reverse the trend and gain strong buying momentum It could rise above $180, triggering a rally above $190 or higher. Summary Apple stock fell from ATH of $198 to $170 after earnings and dividends as it invited some profit bookings. Analysts are bullish on long-term growth and dividend increase. Stock may rebound above $180 or drop below $160 depending on the trend reversal. The technical indicators are bearish. Technical Levels Support levels: $160 and $150 Resistance levels: $180 and $190 In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

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itswallstreetpr · 2 years

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Small Cap stocks take centerstage ahead of Fed announcement

Markets have been on a wild roller coaster in the recent months and could indicate that an end of the bear market could be close. Big names are suppose to release earnings and forecasts this week including Apple (AAPL), Alphabet (GOOG), Meta Platforms (META) and McDonald’s. Let's take a look at some of the small cap gaining traction during this high volatility times: CytoDyn Inc (OTC US: CYDY) shares gained more than 8% closing the day at $0.73. CYDY has a market cap of over 524.8M$. CYDY is a biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications. The company had announced the appointment of Dr. Cyrus Arman as President effective July 9, 2022. Dr. Arman will be responsible for determining and leading the Company’s operating strategy for the future. It is anticipated that he will advance to Chief Executive Officer and be appointed to the Board of Directors within six months. Antonio Migliarese, who had been serving as interim President since late January, in addition to CFO, will resume his previous role as CFO. Northwest Biotherapeutics, Inc (OTC US: NWBO) closed the day at $0.65 up 1.48%. The stock opened at $0.64 and traded to a high of $0.65. The company currently has a market cap of 636M with a 52 week high of $2.05. In early July, the company had announced that an application for license of the manufacturing facility in Sawston, UK for commercial manufacturing of cellular therapies has been submitted to the Medicines and Healthcare Products Regulatory Agency (MHRA). The application builds upon the 3 licenses received for the Sawston facility in 2021. American Battery Technology Co (OTC US: ABML) closed the day in red, down 3.45%. The company had a 52 week low of $0.56 and a 52 week high of $1.95. On July 6th, the company confirmed to participate in industry and investor conferences this summer. The company’s CEO Ryan Melsert has been invited to share his industry insights on expert panels at these industry and investor conferences as noted below. “At this time when there is such unprecedented support for the lithium-ion battery metals industry from the federal government, state governments, strategic industry partners, and the investment community, it is important to continue to engage with each of our critical stakeholders and to support the industry on these expert panels,” stated ABTC CEO Ryan Melsert. Humbl Inc (OTC US: HMBL) had a red day with shares sliding more than 8.75%. The shares seem to be hovering close to its 52 week low of $0.045. Earlier in June, the company announced that it has signed a brand endorsement relationship with Myles Garrett to promote its Web 3 blockchain platform. Read the full article

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babytrumph · 3 years

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Tesla’s valuation tops $1 trillion after Hertz’s plan to buy 100,000 Tesla EVs

Tesla Inc.’s valuation shot past $1 trillion on Monday, with the stock closing at a record high, after Hertz Global Holdings Inc. announced plans to order 100,000 Tesla vehicles and a Morgan Stanley analyst raised his forecast for sales and production. Tesla’s stock TSLA, +12.66% rallied more than 12% to end at $1,024.86, boosting the electric-car maker valuation to $1.01 trillion. เล่นบาคาร่า

Chief Executive Elon Musk tweeted “Wild $T1mes” right at the close, with fans cheering the milestone.At past $1 trillion, Tesla joins a select group of mega tech stocks that include Apple Inc. AAPL, -0.03% with a market cap of $2.5 trillion, followed by Microsoft Corp. MSFT, -0.33% at $2.3 trillion, Google-parent Alphabet Inc. GOOG, +0.11% GOOGL, -0.09% at $1.8 trillion and Amazon.com Inc. AMZN, -0.46% at $1.7 trillion.Tesla edged out Facebook Inc. FB, +1.26% to become the fifth-largest U.S. company by market cap. Facebook has crossed that $1 trillion mark, but its current valuation is around $930 billion.Tesla got to $1 trillion from $900 billion in a record-setting two trading days.Hertz HTZ, said the “initial” order of a total of 100,000 Teslas will be made by the end of 2022. The car-rental company also said it would also invest in new EV charging infrastructure across its global operations in a bid to offer the largest EV rental fleet in North America.The order was initially reported earlier Monday by Bloomberg.Hertz emerged from bankruptcy this summer, saying it was a “much stronger” company ready to capitalize on the summer’s travel rebound and skyrocketing car-rental prices amid a scarcity of rentals.Hertz last week announced plans to offer shares and return to a big-league stock exchange. The company listed a profit for the first six months of the year, but also more than $8 billion in debt.

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These stocks can play catch-up with megacap tech, lifting the S&P 500: Stifel's Bannister

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What to know this week

Traders are gearing up for a busy week of corporate earnings results from the mega-cap technology stocks this week. This will come alongside a slew of economic data reports and a monetary policy decision from the Federal Reserve.

The biggest names in the S&P 500 — including Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Facebook (FB) and Alphabet (GOOGL) — are set to report second-quarter results this week. The reports will add to what has already been an exceptional earnings season: So far, 24% of companies in the S&P 500 have reported second-quarter results, and of these, 88% have topped Wall Street’s earnings per shares estimates, according to an analysis from FactSet. The blended earnings growth rate for the blue-chip index, which includes both companies’ reported growth rates and the estimated rates for the companies have yet to report, stands at 74.2%, which would be the highest since the fourth quarter of 2009.

Earnings results from technology companies Snap (SNAP) and Twitter (TWTR) last week underscored the strength in the internet advertising market, suggesting a strong backdrop that likely also benefitted bigger ad-driven companies like Facebook and Alphabet. Snap’s second-quarter revenue growth came in at 116%, or the biggest jump in four years, and the stock rocketed to a record high following the results. Both Snap and Twitter grew active users more than expected, and their estimates topping second-quarter revenues suggested better monetization of these increased users.

According to JPMorgan analyst Doug Anmuth, Snap’s results especially “will likely raise the bar for other ad names,” including Alphabet and Facebook. The companies report results on Tuesday and Wednesday, respectively.

“GOOGL shares are well-owned, but GOOGL remains one of our Top Ideas in 2021 as we believe: 1) reopening will remain a tailwind for Search and YouTube ads, especially as overall spend continues to shift online and travel continues to recover; 2) overall margins will remain meaningfully above pre-pandemic levels … 3) Cloud growth will remain solid at 40%+ while profit losses continue to improve; and 4) greater capital returns are likely on the heels of the $50 billion incremental buyback authorization last quarter,” Anmuth wrote in a note published July 22.

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As for Facebook, “advertising should continue to benefit from reopening and we are encouraged by newer initiatives around Reels and Shops, as well as the creator economy, audio, and AR/VR [augmented reality/virtual reality] a bit further out,” Anmuth added.

An illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

Alphabet has been the best performer of the Big Tech FAANG stocks so far in 2021, with shares rising 52% compared to the S&P 500’s 17.5% gain for the year-to-date. As a company that derives meaningful revenue from travel-related advertising revenue, Alphabet has been viewed as a key beneficiary of the broader economic reopening that began to occur in the spring of this year. Other software names, by contrast, have generally been viewed as bigger beneficiaries of a stay-at-home and work-from-home environment.

Alphabet’s second-quarter revenue, excluding traffic acquisition costs (TAC), is expected to grow 46% to $46.1 billion, according to Bloomberg data, which would mark the fastest top-line growth for the company since the fourth quarter of 2012.

Still, other online advertisers are also poised to get a boost from the reopening environment, with marketers more open to spend as pandemic-related uncertainty eased. Facebook’s revenues likely grew 49% over last year to $27.9 billion for the second quarter, accelerating slightly from the 48% rate in the first three months of 2021. That growth would come even as the company continues to contend with some decreased ad-targeting abilities after a recent Apple update that allowed users to opt out of tracking in apps including Facebook on iOS devices.

And Apple, for its part, likely also had a strong fiscal third-quarter, according to Wall Street’s estimates. Though consensus analysts expect to see that revenue growth slowed sequentially to 24% from the second quarter’s 54%, a boost from Apple’s latest iPhone upgrade cycle will likely still be at play, according to Wedbush analyst Dan Ives.

“While the chip shortage was an overhang for Apple during the quarter, we believe the iPhone and Services strength in the quarter neutralized any short term weakness that the Street was anticipating three months ago,” Ives said in a note published July 21. “Taking a step back we believe based on our recent Asia supply chain checks that iPhone 13 demand will be similar/slightly stronger than iPhone 12 out of the gates which speaks to our thesis that this elongated ‘supercycle’ will continue for Cupertino well into 2022.”

Meanwhile, e-commerce behemoth Amazon is heading into its first-ever earnings report without founder Jeff Bezos at the helm. The stock has underperformed so far in 2021, rising 12.3% for the year-to-date, after jumping by more than 76% in 2020 amid a pandemic-fueled boom in e-commerce demand.

“We expect strong top-line growth in ’21, albeit decelerating versus pandemic-charged ’20, led by e-commerce growth of +27% y/y (vs. +42% y/y), including a strong 2Q and solid growth in 3Q-4Q as AMZN comps the pandemic surge,” Cowen analyst John Blackledge wrote in a note.

An early Prime Day sales extravaganza is poised to help boost Amazon’s second-quarter top-line growth. The two-day event took place in late June this year, or at the end of the second quarter, compared to July 2019 and October 2020. And on the bottom-line, Amazon’s faster-growing, high-margin Amazon Web Services (AWS) cloud computing platform likely continued to help boost profitability.

Federal Reserve decision

The Federal Reserve kicks off its latest two-day meeting on Tuesday, with a monetary policy decision and press conference from Fed Chair Jerome Powell set to take place Wednesday afternoon.

The Fed’s June monetary policy statement and updated Summary of Economic Projections were taken as much less accommodative than many market participants expected, with the central bank raising its median forecasts for U.S. economic growth and core inflation over the next two years. The projections suggested the Fed might be more inclined to adjust policy in light of a fast-recovering economy experiencing rising inflation.

Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, Thursday, July 15, 2021, on Capitol Hill in Washington. (AP Photo/Jose Luis Magana)

The Fed’s first monetary policy move would impact the central bank’s quantitative easing program, with asset purchases still taking place at a rate of $120 billion per month. Powell’s discussions around these purchases have shifted throughout his recent public appearances, suggesting more serious consideration among FOMC members to announce the start of tapering. In April, for instance, Powell said the economy was “a long way from” achieving the Fed’s employment and inflation targets that would trigger a pivot to less accommodative monetary policy. But after the Fed’s June meeting, Powell said the economy was “still a ways off” from the central bank’s goals.

“Next week’s FOMC meeting should be less eventful than June’s hawkishly-perceived meeting. There will be no new interest rate forecasts ‘dots’ so attention will focus on the post-meeting statement and Chair Powell’s press conference,” JPMorgan economist Michael Feroli wrote in a note. “We believe the statement’s wording around asset purchases will be unchanged, but we expect that Powell will relate that the Committee discussed tapering again and that the economy is slowly getting closer to passing the ‘substantial further progress’ test to actually start tapering.

However, in the weeks since the Fed’s June meeting, more concerns arose around the Delta variant of the coronavirus, which triggered a sell-off in markets last week and which might increase monetary policymakers’ perceptions of the risks still present in the economy. At the same time, however, the risk that fast-rising inflation might need to be curbed with a monetary policy adjustment has also increased, with core consumer prices and producer prices each rising faster-than-expected in June.

But on net, the Fed is likely to maintain a wait-and-see approach before making any adjustments, according to Feroli.

“Powell’s mid-July Congressional testimony raised the prospect that the FOMC statement would introduce an asymmetric policy bias: standing prepared to adjust policy if the Fed ‘saw signs that the path of inflation or longer-term inflation expectations were moving materially and persistently beyond levels consistent with our goal,'” Feroli said. “Since that testimony the rise of the Delta variant has injected some downside growth risks into the outlook, and this should help the doves argue for retaining the current symmetric policy bias.”

Earnings Calendar

Monday: Lockheed Martin (LMT) before market open; Tesla (TSLA) after market close

Tuesday: Centene (CNC), UPS (UPS), 3M (MMM), SiriusXM Holdings (SIRI), Sherwin-Williams (SHW), General Electric (GE), Stanley Black & Decker (SWK), Polaris (PII), Waste Management Inc (WM), Boston Scientific Corp (BSX), JetBlue (JBLU), Fiserv (FISV), Raytheon Technologies (RTX), Invesco (IVZ), Lamb Weston Holdings (LW) before market open; Apple (AAPL), Starbucks (SBUX), Advanced Micro Devices (AMD), Alphabet (GOOGL), Teladoc Health (TDOC), Visa (V), Microsoft (MSFT), Mondelez International (MDLZ), Juniper Networks (JNPR), The Cheesecake Factory (CAKE) after market close

Wednesday: Humana (HUM), CME Group (CME), Pfizer (PFE), McDonald’s (MCD), Six Flags Entertainment (SIX), Boeing (BA), Moody’s Corp (MCO), General Dynamics Corp (GD), Teledyne Technologies (TDY), Bristol-Myers Squibb (BMY) before market open; Facebook (FB), Ford (F), Xilinx (XLNX), PayPal (PYPL), ServiceNow (NOW), Lam Research Corp (LRCX), Align Technology (ALGN) after market close

Thursday: Merck & Co (MRK), Intercontinental Exchange (ICE), T Rowe Price Group (TROW), Comcast Corp (CMCSA), Spirit Airlines (SAVE), Valero Energy (VLO), Hilton Worldwide Holdings (HLT), The Carlyle Group (CG), Mastercard (MA), Molson Coors Beverage Co (TAP), Keurig Dr. Pepper (KDP), Yum! Brands (YUM), PG&E (PCG), Citrix Systems (CTXS), S&P Global Inc (SPGI) before market open; Amazon (AMZN), Overstock.com (OSTK), Albertsons Co (ACI), Altria Group (MO), T-Mobile (TMUS), World Wrestling Entertainment (WWE), Twilio (TWLO), Pinterest (PINS), Mohawk Industries (MHK), Upwork (UPWK), Skyworks Solutions (SWKS), United States Steel (X), Gilead Sciences (GILD),

Friday: Caterpillar (CAT), VF Corp (VFC), Exxon Mobil Corp (XOM), Chevron Corp (CVX), Danimer Scientific (DNMR), Procter & Gamble (PG), AbbVie (ABBV), Charter Communications (CHTR) before market open

Economic Calendar

Monday: New home sales, month-on-month, June (4.0% expected, -5.9% in May); Dallas Fed Manufacturing Activity Index, July (32.3 expected, 31.1 in June)

Tuesday: Durable goods orders, June preliminary (2.0% expected, 2.3% in May); Durable goods orders excluding transportation, June preliminary (0.8% expected, 0.3% in May); Non-defense capital goods orders excluding aircraft, June preliminary (0.8% expected, 0.1% in May); Non-defense capital goods shipments excluding aircraft, June preliminary (0.8% expected, 1.1% in May); FHFA House Price Index, month-on-month, May (1.6% expected, 1.8% in April); S&P CoreLogic Case-Shiller 20-City Composite Index, month-on-month, May (1.50% expected, 1.62% in April); S&P CoreLogic Case-Shiller 20-City Composite Index, year-on-year, May (16.20% expected, 14.88% in April); Conference Board Consumer Confidence, July (124.0 expected, 127.3 in June); Richmond Federal Reserve Manufacturing Index, July (20 expected, 22 in June)

Wednesday: MBA Mortgage Applications, week ended July 23 (-4.0% during prior week); Advance Goods Trade Balance, June (-$88.0 billion expected, -$88.1 billion in May); Wholesale Inventories, month-on-month, June preliminary (1.1% expected, 1.3% in May); FOMC Monetary Policy Decision

Thursday: Initial jobless claims, week ended July 24 (380,000 expected, 419,000 during prior week); Continuing claims, week ended July 17 (3.192 million expected, 3.236 million during prior week; GDP annualized, quarter-on-quarter, second quarter (8.5% expected, 6.4% in first quarter); Personal consumption, second quarter (10.5% expected, 11.4% in first quarter); Core personal consumption expenditures, quarter-over-quarter, second quarter (6.0% expected, 2.5% in first quarter); Pending home sales, month-on-month, June (0.5% expected, 8.0% in May)

Friday: Personal income, June (-0.4% expected, -2.0% in May); Personal spending, June (0.7% expected, 0.0% in May); PCE deflator, month-on-month, June (0.6% expected, 0.4% in May); PCE deflator, year-on-year, June (4.0% expected, 3.9% in May); PCE core deflator, month-on-month, June (0.6% expected, 0.4% in May); PCE core deflator, year-on-year, June (3.7% expected, 3.4% in May); University of Michigan Sentiment, July final (80.8 expected, 80.8 in prior print)

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Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter: @emily_mcck