AAPL Sep 2024 130.000 put
| Previous close | 0.3100 |
| Open | 0.3100 |
| Bid | 0.2800 |
| Ask | 0.3200 |
| Strike | 130.00 |
| Expiry date | 2024-09-20 |
| Day's range | 0.3000 - 0.3400 |
| Contract range | N/A |
| Volume | |
| Open interest | 8.58k |
- Yahoo Finance Video
Don't buy Apple shares on AI chip headline: Analyst
Apple (AAPL) is reportedly working on creating its own artificial intelligence chips for the company's data centers in a new project called "ACDC." Maxim Group Managing Director Tom Forte joins Catalysts to discuss what the latest move could mean for the tech giant and investors. "In my opinion, this is more about improving the costs for AI for Apple than it is necessarily a new product release leveraging artificial intelligence," Forte explains. He says that despite the chip's potential to cut artificial intelligence operating costs, he tells Seana Smith, "I certainly wouldn't consider changing my hold rating on the news." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Yahoo Finance Video
Apple throws hat in AI race, reportedly developing chips
Apple (AAPL) shares are trading higher after the tech giant is reportedly joining the artificial intelligence chip race. Yahoo Finance's Madison Mills reports more on the story and why this could be good news for investors. Mills points out the changing landscape Apple faces as iPhone sales continue to slump. "Apple can't rely on the iPhone that much longer," she explains, adding that chip development gives investors a more hopeful outlook on the tech giant's future. Competitors like Meta (META) and Microsoft (MSFT) already use their own chips to fuel artificial intelligence initiatives in their data centers. While Apple may be viewed as late to the game on this front, Mills stresses that its new chip development could bolster the company as a serious competitor to major chip makers like Nvidia (NVDA). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Yahoo Finance Video
Disney tops estimates, Rivian jumps on Apple report: Yahoo Finance
Disney (DIS) shares are moving this morning after the media titan's fiscal second quarter earnings topped estimates. The earnings were helped by two of the company's streaming services, Disney+ and Hulu, which showed a profit for the first time. Shares of Rivian (RIVN) are jumping this morning after a report from the DigitTimes suggested Apple (AAPL) was considering teaming up with an EV maker, which could be Rivian. Yahoo Finance trending tickers include Celsius Holding (CELH), Lucid Group (LCID), and Boeing (BA). Key guests include:9:45 a.m. ET - Hugh Johnston, Disney CFO10:30 a.m. ET - Anthony Pompliano, Pomp Investments Founder11:30 a.m. ET - Stan Chia, Vivid Seats CEO11:40 a.m. ET - Nate Checketts, Rhone CEO
