|Bid||192.70 x 1400|
|Ask||192.86 x 800|
|Day's range||190.30 - 193.59|
|52-week range||142.00 - 233.47|
|Beta (3Y monthly)||1.03|
|PE ratio (TTM)||16.21|
|Earnings date||29 Jul 2019 - 2 Aug 2019|
|Forward dividend & yield||3.08 (1.76%)|
|1y target est||210.89|
As federal regulators sharpen their focus on big tech, expect to see and hear more from Rep. Ro Khanna, a Silicon Valley congressman who is shaping legislation with a Republican counterpart that is tantamount to an internet Bill of Rights.
If federal regulators are serious about prosecuting Big Tech icons for antitrust practices, they’ll probably have to redefine what constitutes a monopoly in the industry.
Investors might want to think twice before dismissing potential antitrust probes of Big Tech as a temporary concern.
The fear in Silicon Valley is that antitrust investigations of big tech will blunt momentum of an industry that powers the U.S. economy. But history tells us another story.
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Apple, Inc. (“Apple” or the “Company”) (AAPL) of the June 17, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Apple stock or options between November 2, 2018 and January 2, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/AAPL. The lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all those who purchased Apple common stock between November 2, 2018 and January 2, 2019 (the “Class Period”).
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until June 17, 2019 to file lead plaintiff applications in a securities class action lawsuit against Apple Inc. (AAPL). Investor losses must relate to purchases of the Company’s shares between November 2, 2018 and January 2, 2019.
Apple (AAPL) announced the macOS Catalina, the latest version of its desktop operating system, on June 3. While the company makes changes to its apps every year and introduces new features with each new version, macOS Catalina seems to be bringing forward some exciting new features.
Let's see what to expect from Oracle's fourth-quarter fiscal 2019 financial results that are due out after the closing bell on Wednesday, June 19.
Last week, Apple (AAPL) announced its latest desktop operating system version 10.15, macOS Catalina, during its 2019 Worldwide Developers Conference. While the company has already released the beta version of macOS Catalina, the final version is expected to be available this fall.
Broadcom (AVGO) presented their second quarter earnings on Thursday after market close, and the call, as described by CNBC's Jim Cramer, was "truly depressing."
A timely resolution to U.S.-China trade tensions could add $25 to Apple’s share price within months, according to new research.
Shares of Microsoft Corp. edged up 0.4% toward a record high in afternoon trading Friday, as the software giant looks set to extend its streak as a trillion-dollar company to six sessions, to buck a decline in the broader stock market. After a single day with a trillion-dollar market capitalization on April 29, Microsoft re-claimed that territory on June 7, and has held it since. The market cap was last around $1.018 trillion, while second-place Amazon.com Inc. was way behind at $921.3 billion and Apple Inc. was in third at $887.3 billion. Microsoft's record gain Friday comes despite the Dow Jones Industrial Average being down 14 points, or 0.1%, and the Nasdaq Composite shedding 0.5%.
Chip maker Broadcom’s full-year sales guidance reduction may point to poor iPhone sales, according to Bank of America Merrill Lynch. Apple is Broadcom’s biggest customer.
Google Inc. CEO Sundar Pichai is concerned overzealous antitrust probes of Big Tech, including his own, could have far-flung, damaging consequences for the U.S. economy and national security.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Apple Inc. (“Apple” or “the Company”) (NASDAQ: AAPL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Bank of America Merrill Lynch analyst Wamsi Mohan wrote Friday that Broadcom Inc.'s reduced outlook "could indicate continued weak iPhone units," though it is hard to estimate the extent to which Apple Inc.'s iPhone plans impacted the forecast. "Apple has been significantly reducing channel inventory of iPhones (down ~12 million units in C1Q19 and approximately 3 million units per month in April and May)," he wrote. Broadcom's reduced revenue forecast "potentially suggests 5 to 10 million fewer iPhones for the year, based on an estimated $400 million reduction, assuming inventory build of 5 to 10 million units," Mohan continued. He noted that part of the lowered outlook could also be related to Apple's planned launch timing for its forthcoming family of iPhones. Broadcom shares are down nearly 7% in Friday morning trading, while Apple shares are off 1.2%. Apple's stock has gained 22% so far this year, compared with a 12% rise for the Dow Jones Industrial Average .
On June 14, China released a flurry of economic data points. China’s economic data has received intense scrutiny this year amid the US-China trade war. US President Donald Trump has said multiple times that US tariffs are hurting China and that companies will leave the country to escape them.
U.S. stock index futures dropped on Friday, as the long-feared hit to global growth from President Trump's trade war crystalised in slashed sales forecasts from chipmaker Broadcom, and signs of the worst slowdown in Chinese industry in 17 years. Shares of Broadcom Inc plunged 9.8% in premarket trading, after it cut its revenue forecast for 2019 by $2 billion, blaming the U.S.-China trade conflict and export curbs on Huawei Technologies Co Ltd. Data from China showed industrial output growth in the world's second largest economy slowed to a more than 17-year low in May, sending a chill through stock market investors globally.