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171.48
-1.83
(-1.06%)
Closed March 29 04:00PM
171.18
-0.30
(-0.17%)
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Key stats and details

Current Price
171.18
Bid
171.20
Ask
171.22
Volume
66,034,514
170.51 Day's Range 172.23
155.98 52 Week Range 199.62
Market Cap
Previous Close
173.31
Open
171.75
Last Trade
9
@
171.21
Last Trade Time
Financial Volume
$ 11,311,314,720
VWAP
171.294
Average Volume (3m)
61,614,518
Shares Outstanding
15,441,881,001
Dividend Yield
0.56%
PE Ratio
27.30
Earnings Per Share (EPS)
6.28
Revenue
383.29B
Net Profit
97B

About Apple Inc

Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a var... Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally. Show more

Sector
Electronic Computers
Industry
Comp Personal/workstation
Website
Headquarters
Cupertino, California, USA
Founded
1976
Apple Inc is listed in the Electronic Computers sector of the NASDAQ with ticker AAPL. The last closing price for Apple was $173.31. Over the last year, Apple shares have traded in a share price range of $ 155.98 to $ 199.62.

Apple currently has 15,441,881,001 shares outstanding. The market capitalization of Apple is $2.65 trillion. Apple has a price to earnings ratio (PE ratio) of 27.30.

AAPL Latest News

GameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News

GameStop (NYSE:GME) – GameStop reported $1.79 billion in revenue for the fourth quarter, which is less than the $2.23 billion earned in the same quarter of the previous year. However, the...

Apple’s Worldwide Developers Conference returns June 10, 2024

Entire conference available online for all developers, with a special event at Apple Park on June 10 Apple® today announced it will host its annual Worldwide Developers Conference (WWDC) online...

Super Micro Computer and Seagate Shares Surge on Analyst Optimism in Pre-Market Trading, and Latest News

Super Micro Computer (NASDAQ:SMCI) – An analyst has joined the optimistic group regarding the shares of Super Micro Computer, with an increase of about 856% over the last 12 months. Rated...

Crypto: AIOZ Network Partners with Alibaba Cloud, Google Integrates ENS Domain Balances, and Key Updates

Correction in the cryptocurrency market and future prospects The cryptocurrency market has experienced a significant correction last week, with bitcoin (COIN:BTCUSD) losing over 11% in the past 7...

FedEx Soars 13% with Profits Above Forecasts, Nike Hit by China Slowdown, and Latest News

FedEx (NYSE:FDX) – FedEx exceeded profit forecasts for the quarter, posting an adjusted profit of $3.86 per share, higher than the $3.45 per share expected by analysts consulted by LSEG...

Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates

Apple (NASDAQ:AAPL) – Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Match Group (NASDAQ:MTCH), and X joined Epic Games in protesting against Apple, accusing it of violating an...

JPMorgan boosts dividends, Chipotle unveils 50:1 stock split, and Latest News

JPMorgan Chase (NYSE:JPM) – JPMorgan surprised by increasing its dividends by 9.5%, reflecting a record profit and the potential easing of capital rules by regulators. The largest US bank...

Futures Pointing To Initial Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to give back ground following the strong upward move seen in the previous session. A pullback by...

Unilever Initiates Ice Cream Division Spin-Off and Announces Job Cuts; Berkshire Ramps Up Share Buyback Efforts, and More

Unilever (NYSE:UL) – Unilever announced on Tuesday the spin-off of its ice cream unit, including Magnum and Ben & Jerry’s, into an independent business, accompanied by a...

Apple in Talks with Google to Integrate Gemini AI into iPhone, Shaping a New Era in Tech Collaboration

Apple is currently in discussions to incorporate Google’s Gemini AI tool into its iPhone, according to insiders familiar with the matter who spoke to Bloomberg News. This potential...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-5.87-3.31544761367177.05177.489169.4570016349171.53626841CS
4-10.09-5.56628234126181.27182.57168.4975163649173.38986693CS
12-10.97-6.02250892122182.15196.38168.4961614518180.97121347CS
261.781.0507674144169.4199.62165.70557288717182.49542618CS
5213.28.35548803646157.98199.62155.9857398834180.40152235CS
15649.5340.7151664612121.65199.62118.8675417602157.97657535CS
260123.9425262.38158242947.2375199.6242.567568759454138.42298972CS

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AAPL Discussion

View Posts
Investors3 Investors3 20 hours ago
Apple turns to longtime Steve Jobs disciple Phil Schiller to defend its ‘walled garden’
Wednesday, March 27, 2024 9:33 am
7 Comments

Apple Fellow Phil Schiller, Apple’s former chief marketing officer and longtime Steve Jobs acolyte has emerged as one of the most ardent public defender of the company’s “Walled Garden” ecosystem.

Aaron Tilley for The Wall Street Journal:

[Apple’s ecosystem is] a vision of electronic devices that work seamlessly together and protect user security and privacy.

Once seen as a virtue, Apple’s vision has increasingly come under attack, from regulators in the Justice Department, the European Union and other jurisdictions as well as from rivals…

In legal filings, public announcements and courtrooms, Apple has made it clear that it isn’t going to go down without a fight, and more often than not, Schiller has been the one to deliver the message.

“I have no qualms in saying that our goal is going to always be to make the App Store the safest, best place for users to get apps,” Schiller recently told Fast Company. “I think users — and the whole developer ecosystem — have benefited from that work that we’ve done together with them. And we’re going to keep doing that.”

Although Schiller retired from his role as chief of marketing in 2020, he continues as an “Apple Fellow,” a transition that led some Apple watchers to wonder whether he was close to retirement. Instead, he has become the public face of Apple’s efforts to defend itself…

People close to Schiller describe his three main hobbies as cars, Boston sports teams and Apple, where he is still known to work nearly 80 hours a week, respond to emails almost immediately and answer phone calls at any time.

“Of the people still at Apple, he is one of the few that still carry the torch of Steve Jobs’s vision,” said Tim Bajarin, a longtime Apple analyst who has known Schiller since his return to the company.

MacDailyNews Take: Kudos to those left at Apple who carry the torch of Steve Jobs’ vision!

Related

Phil Schiller in damages retrial: Samsung’s slavish copying has effectively diluted Apple’s brand
Friday, November 15, 2013
In "News"

Apple shifts TV ads production in-house as rift widens with TBWA\Chiat\Day
Thursday, June 5, 2014
In "News"

Apple CEO Steve Jobs ‘bet the company’ on iPhone says Phil Schiller at patent infringer Samsung’s damages trial
Friday, November 15, 2013
In "News"

https://macdailynews.com/2024/03/27/apple-turns-to-longtime-steve-jobs-disciple-phil-schiller-to-defend-its-walled-garden/
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KICK1 KICK1 2 days ago
Go Apple! $AAPL
🇮🇩 1 🇮🇴 1 🇹🇹 1 💩 1 🤡 1
harry crumb harry crumb 2 days ago
Adding
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Investors3 Investors3 3 days ago
Apple CEO Cook to dine with Xi Jinping in China this week
Monday, March 25, 2024 3:50 pm
2 Comments

CEOs of 100 or so multinational giants such as Apple CEO Tim Cook, who has plans to dine with Chinese Communist Party leader Xi Jinping this week, gathered for the two-day China Development Forum.

Chan Ka Sing for Reuters:

Apple CEO Tim Cook said last week that no supply chain is as critical to the $2.7 trillion company as China’s. Sure, the iPhone maker is shifting some of its manufacturing contracts elsewhere, but more than 75% of its 200 major suppliers still maintain production in the country.

Chinese leaders, meanwhile, seem keen to engage directly with the West’s business elite. The Wall Street Journal reported that Cook, HSBC’s Noel Quinn and others are due to dine with Xi Jinping this week, months after China’s leader broke bread with corporate titans on a visit to San Francisco.

More hazards are appearing on the dance floor, though. Washington has for several years been spearheading a campaign to exclude Chinese technology firms like Huawei and SMIC from global networks, and to prevent the country getting hold of the most advanced semiconductors. Beijing wants to delete U.S. products from its turf, too; the Financial Times reported on Sunday, for instance, that AMD and Intel microprocessors are now being phased out from government computers and servers.

The procurement guidance also seeks to sideline Microsoft’s Windows operating system and foreign-made database software in favour of domestic options, according to the article.

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

MacDailyNews Take: The tension in the Chinese tightrope Cook walks continually ratchets up.

https://macdailynews.com/2024/03/25/apple-ceo-cook-to-dine-with-xi-jinping-in-china-this-week/
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Investors3 Investors3 3 days ago
Apple’s Worldwide Developers Conference returns June 10, 2024
March 26 2024 - 01:00PM
Business Wire

Entire conference available online for all developers, with a special event at Apple Park on June 10

Apple® today announced it will host its annual Worldwide Developers Conference (WWDC) online from June 10 through 14, 2024. Developers and students will have the opportunity to celebrate in person at a special event at Apple Park on opening day.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240326289414/en/

Free for all developers, WWDC24 will spotlight the latest iOS, iPadOS®, macOS®, watchOS®, tvOS®, and visionOS™ advancements. As part of Apple’s ongoing commitment to helping developers elevate their apps and games, the event will also provide them with unique access to Apple experts, as well as insight into new tools, frameworks, and features.

“We’re so excited to connect with developers from around the world for an extraordinary week of technology and community at WWDC24,” said Susan Prescott, Apple’s vice president of Worldwide Developer Relations. “WWDC is all about sharing new ideas and providing our amazing developers with innovative tools and resources to help them make something even more wonderful.”

Developers and students will be able to discover the latest Apple software and technologies by tuning into the keynote, and they can experience WWDC24 throughout the week on the Apple Developer app, website, and YouTube. This year’s conference will include video sessions and opportunities to engage with Apple designers and engineers and connect with the worldwide developer community.

WWDC24 will include an in-person experience on June 10 that will provide developers the opportunity to watch the keynote at Apple Park, meet with Apple team members, and take part in special activities. Space will be limited, and details on how to apply to attend can be found on the Apple Developer site and app.

Apple is proud to support the next generation of developers through the Swift Student Challenge, one of many Apple programs that seek to uplift the next generation of developers, creators, and entrepreneurs. On March 28, this year’s applicants will be notified of their status, and winners will be eligible to apply for the in-person experience at Apple Park. Fifty Distinguished Winners, who are recognized for outstanding submissions, will be invited to Cupertino for a three-day experience.

Apple will share additional conference information in advance of WWDC24 through the Apple Developer app and on the Apple Developer website.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple’s Media Helpline at media.help@apple.com.

© 2024 Apple Inc. All rights reserved. Apple, the Apple logo, iPadOS, macOS, watchOS, tvOS, and visionOS are trademarks of Apple. Other company and product names may be trademarks of their respective owners.



View source version on businesswire.com: https://www.businesswire.com/news/home/20240326289414/en/

Apple Media Helpline
media.help@apple.com

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93552743/apple-s-worldwide-developers-conference-returns-j
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DiscoverGold DiscoverGold 3 days ago
Unusual $1+ Million $AAPL Call Sell trader is attempting to collect premium (STO)
By: Cheddar Flow | March 26, 2024

• Unusual $1M+ $AMZN Call Buy and $AAPL Call Sell

The AMZN trader is betting on more short-term upside, while the AAPL trader is attempting to collect premium (STO)



Read Full Story »»»

DiscoverGold
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nicehit nicehit 3 days ago
F'en money grab by the dumb ass EU!
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nicehit nicehit 3 days ago
It is amazing how the US gov't would want to try to take down an American company. All these App companies are complaining. but these are Apple phones that made the market. Billion plus phones out there, so how in the hell do these App companies plan on putting their apps out if there were no phones? Apple deserves to charge for Apps space on their phones!
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eastunder eastunder 4 days ago
Apple, Google and Meta at risk of ‘heavy’ fines as Europe launches new probes

CNN Business· Yves Herman/Reuters
Olesya Dmitracova, CNN
Mon, Mar 25, 2024, 7:54 AM MDT3 min read
https://finance.yahoo.com/news/apple-google-meta-risk-heavy-114530507.html

The European Union has launched investigations into Apple, Google and Facebook parent Meta on suspicion that they are failing to comply with a new landmark European law designed to promote competition in digital services.

The European Commission said it “suspects” that various practices by all three companies “fall short of effective compliance” with the Digital Markets Act (DMA), which went into effect earlier this month. If the probes find a “lack of full compliance,” they could face “heavy fines,” said European Commissioner Thierry Breton.

The DMA requires dominant online platforms to give users more choices and rivals more opportunities to compete. It currently applies to the three tech giants under investigation, as well as Amazon (AMZN), Microsoft (MSFT) and ByteDance, the Chinese parent company of TikTok.

By mid-May, the list could also include Elon Musk’s X and Booking.com, the EU has said.

Violations of the new law can lead to stiff penalties, including fines of up to 10% of a company’s global revenue and up to 20% for repeat offenses. For most of the regulated companies, that would translate to tens of billions of dollars.

The practices the European Commission is investigating include what it calls Meta’s “pay or consent” approach. Last October, Meta (META) launched a subscription service, called “Subscription for no ads,” allowing European users of Facebook and Instagram to pay up to €12.99 ($14) a month for ad-free versions.

“The Commission is concerned that the binary choice imposed by Meta’s ‘pay or consent’ model may not provide a real alternative in case users do not consent, thereby not achieving the objective of preventing the accumulation of personal data by (large companies),” the body said in a statement.

A Meta spokesperson responded: “Subscriptions as an alternative to advertising are a well-established business model across many industries, and we designed ‘Subscription for no ads’ to address several overlapping regulatory obligations, including the DMA. We will continue to engage constructively with the Commission.”

The EU is also looking into app stores operated by Apple (AAPL) and Google. The DMA states that large digital platforms — so-called gatekeepers — must allow app developers to “steer” consumers to offers outside the two dominant stores, free of charge.

Among other concerns, the EU suspects that Apple and Google’s parent Alphabet (GOOGL) constrain developers’ ability “to freely communicate (with end-users) and promote offers and directly conclude contracts, including by imposing various charges,” the Commission said.

“We are concerned Alphabet, Apple & Meta & are not meeting their obligations, e.g.: Apple & Alphabet still charge recurring fees to app developers,” European Commissioner Margrethe Vestager wrote on X Monday.

Apple’s “choice screen” for Safari is also under scrutiny, the European Commission said. Under the DMA, Apple must prompt users with “choice screens which must effectively and easily allow them to select an alternative default service, such as a browser or search engine on their iPhones,” it noted.

Apple told CNN in a statement: “We’re confident our plan complies with the DMA, and we’ll continue to constructively engage with the European Commission as they conduct their investigations.”

Another of the Commission’s concerns pertains to Google Search. Alphabet may not have done enough to ensure that third-party services appearing in search results are treated in “a fair and non-discriminatory manner” compared with Alphabet’s own services, such as Google Shopping and Google Flights.

Oliver Bethell, a competition executive at Google, said in a statement: “To comply with the Digital Markets Act, we have made significant changes to the way our services operate in Europe.

“We have engaged with the European Commission, stakeholders and third parties in dozens of events over the past year to receive and respond to feedback, and to balance conflicting needs within the ecosystem. We will continue to defend our approach in the coming months.”

This story has been updated with additional information.
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DiscoverGold DiscoverGold 7 days ago
$AAPL $3+ Million OTM Calls (Unusual) These are opening orders (Vol> OI) and are slightly longer dated
By: Cheddar Flow | March 22, 2024

• $AAPL $3M+ OTM Calls (Unusual)

These are opening orders (Vol> OI) and are slightly longer dated

These whales are attempting to find a bottom around here on Apple



Read Full Story »»»

DiscoverGold
👍️0
Investors3 Investors3 7 days ago
U.S. DOJ sues Apple for allegedly ‘monopolizing smartphone markets’
Thursday, March 21, 2024 12:23 pm
36 Comments

The U.S. Justice Department (DOJ), joined by 16 other state and district attorneys general, on Thursday filed a civil antitrust lawsuit against Apple for monopolization or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act.

U.S. Justice Department:

The complaint, filed in the U.S. District Court for the District of New Jersey, alleges that Apple illegally maintains a monopoly over smartphones by selectively imposing contractual restrictions on, and withholding critical access points from, developers. Apple undermines apps, products, and services that would otherwise make users less reliant on the iPhone, promote interoperability, and lower costs for consumers and developers. Apple exercises its monopoly power to extract more money from consumers, developers, content creators, artists, publishers, small businesses, and merchants, among others. Through this monopolization lawsuit, the Justice Department and state Attorneys General are seeking relief to restore competition to these vital markets on behalf of the American public.

“Consumers should not have to pay higher prices because companies violate the antitrust laws,” said Attorney General Merrick B. Garland. “We allege that Apple has maintained monopoly power in the smartphone market, not simply by staying ahead of the competition on the merits, but by violating federal antitrust law. If left unchallenged, Apple will only continue to strengthen its smartphone monopoly. The Justice Department will vigorously enforce antitrust laws that protect consumers from higher prices and fewer choices. That is the Justice Department’s legal obligation and what the American people expect and deserve.”

“No matter how powerful, no matter how prominent, no matter how popular — no company is above the law,” said Deputy Attorney General Lisa Monaco. “Through today’s action, we reaffirm our unwavering commitment to that principle.”

“When corporations engage in anticompetitive conduct, the American people and our economy suffer,” said Acting Associate Attorney General Benjamin C. Mizer. “Today’s action against Apple sends a strong signal to those seeking to box out competitors and stifle innovation — that the Justice Department is committed to using every tool available to advance economic justice and root out anticompetitive practices, wherever they arise.”

“For years, Apple responded to competitive threats by imposing a series of “Whac-A-Mole” contractual rules and restrictions that have allowed Apple to extract higher prices from consumers, impose higher fees on developers and creators, and to throttle competitive alternatives from rival technologies,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “Today’s lawsuit seeks to hold Apple accountable and ensure it cannot deploy the same, unlawful playbook in other vital markets.”

As alleged in the complaint, Apple has monopoly power in the smartphone and performance smartphones markets, and it uses its control over the iPhone to engage in a broad, sustained, and illegal course of conduct. This anticompetitive behavior is designed to maintain Apple’s monopoly power while extracting as much revenue as possible. The complaint alleges that Apple’s anticompetitive course of conduct has taken several forms, many of which continue to evolve today, including:

• Blocking Innovative Super Apps. Apple has disrupted the growth of apps with broad functionality that would make it easier for consumers to switch between competing smartphone platforms.

• Suppressing Mobile Cloud Streaming Services. Apple has blocked the development of cloud-streaming apps and services that would allow consumers to enjoy high-quality video games and other cloud-based applications without having to pay for expensive smartphone hardware.

• Excluding Cross-Platform Messaging Apps. Apple has made the quality of cross-platform messaging worse, less innovative, and less secure for users so that its customers have to keep buying iPhones.

• Diminishing the Functionality of Non-Apple Smartwatches. Apple has limited the functionality of third-party smartwatches so that users who purchase the Apple Watch face substantial out-of-pocket costs if they do not keep buying iPhones.

• Limiting Third Party Digital Wallets. Apple has prevented third-party apps from offering tap-to-pay functionality, inhibiting the creation of cross-platform third-party digital wallets.

The complaint also alleges that Apple’s conduct extends beyond these examples, affecting web browsers, video communication, news subscriptions, entertainment, automotive services, advertising, location services, and more. Apple has every incentive to extend and expand its course of conduct to acquire and maintain power over next-frontier devices and technologies.

For over a century, the Department has enforced the antitrust laws against illegal monopolies, deploying the Sherman Act to unfetter markets and restore competition. As alleged in the complaint, the Department is seeking equitable relief on behalf of the American public to redress Apple’s long-running, pervasive anticompetitive conduct.

Apple Inc. is a publicly traded company incorporated in California and headquartered in Cupertino, California. In fiscal year 2023, Apple generated annual net revenues of $383 billion and net income of $97 billion. Apple’s net income exceeds any other company in the Fortune 500 and the gross domestic products of more than 100 countries.

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

MacDailyNews Take: Apple’s iPhone currently holds U.S. market share of 60.77%. Not a monopoly. iPhone currently holds worldwide market share of 24.70%. Again, not a monopoly. “Attempted monopolization” is not illegal; it’s the goal of every for-profit business.

MacDailyNews Note: In a statement to the media, Apple said the lawsuit is “wrong on the facts and the law,” and the company vowed to “vigorously defend” itself:

At Apple, we innovate every day to make technology people love—designing products that work seamlessly together, protect people’s privacy and security, and create a magical experience for our users. This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets. If successful, it would hinder our ability to create the kind of technology people expect from Apple — where hardware, software, and services intersect. It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology. We believe this lawsuit is wrong on the facts and the law, and we will vigorously defend against it.


https://macdailynews.com/2024/03/21/u-s-doj-sues-apple-for-allegedly-monopolizing-smartphone-markets/
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Investors3 Investors3 7 days ago
Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates
March 21 2024 - 07:17AM
IH Market News

Apple (NASDAQ:AAPL) – Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Match Group (NASDAQ:MTCH), and X joined Epic Games in protesting against Apple, accusing it of violating an injunction by restricting payment options in the App Store, claiming price inflation and competition hurdles. Furthermore, the U.S. Department of Justice is preparing to sue Apple for alleged antitrust law violations, citing blocking rivals’ access to iPhone features. Apple shares are down -1.2% in pre-market trading.

Intel (NASDAQ:INTC) – Intel plans to spend $100 billion across four U.S. states to build and expand factories, driven by federal grants. CEO Pat Gelsinger aims to transform Columbus, Ohio, into an AI chip hub, with investments through 2027.

Synopsys (NASDAQ:SNPS) – Synopsys unveiled new software tools on Wednesday to streamline the design of complex systems, such as cars and data centers. Beyond chip creation, the company aims to assist customers in developing products and systems, exemplified by Tesla’s pioneering use.

Equinix (NASDAQ:EQIX) – Hindenburg Research revealed a short position in Equinix, accusing it of inflating its profitability by manipulating expenses. Allegations suggest a $3 billion increase in AFFO since becoming a REIT in 2015. Equinix is investigating the accusations.

Astera Labs (NASDAQ:ALAB) – Astera Labs’ shares surged in their trading debut, exceeding expectations by raising $713 million in the initial public offering. The gain, the largest since June 2021, reflects optimism around AI and a rebound in listings. ALAB shares are up 6.00% in pre-market trading, priced at $65.75.

Reddit – Reddit priced its initial public offering at the top of its target range, raising $748 million and giving a boost to the challenging tech IPO market. Reddit plans to use 8% of the shares to attract retail investors.

Paramount Global (NASDAQ:PARA), Apollo Global Management (NYSE:APO) – Apollo Global Management offered $11 billion for Paramount Global, boosting acquisition interest in the Paramount Pictures film studio, considered a jewel of the media conglomerate. Other suitors include billionaire David Ellison and media entrepreneur Byron Allen.

Boeing (NYSE:BA) – On Wednesday, CFO Brian West informed analysts that Boeing will keep B737 jet production below 38 per month, now requiring fully compliant fuselages from supplier Spirit AeroSystems (NYSE:SPR) at its Washington factory.

Ryanair (NASDAQ:RYAAY) – Ryanair CEO Michael O’Leary will meet with Boeing executives in Dublin to discuss delays in 737 MAX 10 deliveries and certification. He emphasizes the need for improvements in Boeing’s production systems and quality control.

Tesla (NASDAQ:TSLA) – On Wednesday, Tesla announced that most employees at its German factory rejected the IG Metall union, opting for non-unionized representation on the new workers’ council. The union still hopes to occupy most seats.

Li Auto (NASDAQ:LI) – Li Auto shares, a Chinese electric vehicle company listed in the U.S., are down 7.2% in pre-market trading after revising its delivery estimates for the first quarter, projecting between 76,000 and 78,000 vehicles, down from the previous forecast of 100,000 to 103,000, citing orders below expectations.

Exxon Mobil (NYSE:XOM), TotalEnergies (NYSE:TTE) – Suriname’s state-owned oil company, Staatsolie, began negotiations with Exxon Mobil and TotalEnergies to develop natural gas fields spanning the maritime borders of Guyana and Suriname. The goal is to transform the South American nation into a regional gas hub.

Shell (NYSE:SHEL) – On Wednesday, Shell announced the sale of its 50% stake in SouthCoast Wind Energy to joint venture partner Ocean Winds North America for an undisclosed amount. The project aims to develop offshore wind farms in Massachusetts.

Barclays Plc (NYSE:BCS) – Barclays plans to cut hundreds of jobs in its investment bank to boost profits. The restructuring includes layoffs in global markets and research. CEO Venkatakrishnan seeks to make the unit more profitable with a focus on advisory and equity underwriting.

Citigroup (NYSE:C) – Citigroup is cutting jobs in its London investment banking division, aligning with the trend of employee cuts on Wall Street due to the downturn in global trading. The cuts affect around 20 employees, mainly junior staff.

JPMorgan Chase (NYSE:JPM) – JPMorgan Chase plans to appoint Alan Ho as CEO and Rita Chan as Senior Director to lead its operations in China. These changes come amid adjustments in regional leadership, including the departure of Asia-Pacific CEO Filippo Gori.

Walmart (NYSE:WMT) – According to a Bloomberg report, Walmart, known for its low prices, is transforming its stores with attractive lighting, luxury brands, and stylish product layouts. The investments aim to attract more affluent customers without alienating its traditional value base.

Nike (NYSE:NKE) – Nike is set to report its first quarterly revenue decline in nearly two years due to a slower-than-expected boost from its direct-to-consumer strategy and falling demand in North America, while rivals like Adidas also face similar challenges.

Chipotle Mexican Grill (NYSE:CMG) – Chipotle’s shares surpassed $3,000 for the first time on Wednesday, after the board approved a 50-for-1 stock split aimed at attracting investors with its high price. The fast-casual chain has seen record growth due to steady demand for its offerings.

Alibaba (NYSE:BABA) – Former Alibaba Group CEO Daniel Zhang will join Firstred Capital as managing partner, focusing on mergers and acquisitions. After 16 years at Alibaba, Zhang seeks a new direction in investments, including technology.

Earnings
Micron Technology (NASDAQ:MU) – Micron saw a 15.9% increase in pre-market trading after beating revenue forecasts and providing a solid outlook for the future. In the fiscal second quarter, Micron reported revenues of $5.82 billion and anticipates $6.6 billion for the next period, both figures exceeding analysts’ expectations. The adjusted earnings per share were 42 cents, while analysts had predicted a 25-cent per share loss.

BioNTech (NASDAQ:BNTX) – BioNTech reported a significant decline in revenues and profits in 2023, with revenues of 3.819 billion euros and net profit of 930.3 million euros, respectively. For 2024, it projects revenues between 2.5 billion and 3.1 billion euros, aiming to launch its first cancer drug in 2026. Sales of the COVID-19 vaccine with Pfizer (NYSE:PFE) fell 54% in the fourth quarter of 2023.

Five Below (NASDAQ:FIVE) – The discount retailer faced a 12.4% drop in pre-market trading due to underwhelming financial results and bleak outlooks for the fourth quarter. Five Below reported earnings of $3.65 per share and revenue of $1.34 billion. Analyst estimates surveyed by LSEG were for earnings of $3.78 per share and revenue of $1.35 billion. Additionally, the company issued conservative guidance for both the current quarter and the full year, contributing to the pressure on its shares.

Signet Jewelers (NYSE:SIG) – Signet Jewelers reported an adjusted profit of $6.73, beating estimates, on sales of $2.5 billion, which fell short of expectations. Furthermore, the board declared a quarterly dividend of 29 cents, a 26% increase. The forecasts for sales and profits were below analysts’ expectations.

Guess (NYSE:GES) – Guess’ shares rose 11.6% in pre-market trading following strong fourth-quarter results. Guess reported adjusted earnings of $2.01 per share and revenue of $891 million. Analyst estimates surveyed by LSEG were for earnings of $1.56 per share and revenue of $856 million.

Chewy (NYSE:CHWY) – Chewy reported earnings of 7 cents per share and revenue of $2.83 billion, exceeding expectations for a 5-cent per share loss and $2.77 billion in revenue. However, the company issued conservative revenue guidance for the current quarter, and its shares are down 1% in pre-market trading.

General Mills (NYSE:GIS) – General Mills achieved adjusted earnings of $1.17 per share and revenue of $5.1 billion in the fiscal third quarter, surpassing Wall Street expectations. CEO Harmening highlighted investments in brand building and innovation, while analysts reaffirmed a conservative outlook.

KB Home (NYSE:KBH) – KB Home shares rose 2.4% in pre-market trading after reporting earnings of $1.76 per share and revenue of $1.47 billion, exceeding analyst estimates surveyed by LSEG, which had forecast earnings of $1.57 per share and $1.46 billion in revenue.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93527725/apple-pre-market-drop-due-to-antitrust-threats-su
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DiscoverGold DiscoverGold 7 days ago
Apple Stock in Spotlight Amid Antitrust Lawsuit
By: Schaeffer's Investment Research | March 22, 2024

• The U.S. government is suing Apple

• Options traders are less bullish than they have been recently

Apple Inc (NASDAQ:AAPL) is in focus, as the U.S. government sues the tech giant over alleged iPhone "monopoly power." A Reuters report pointed out the similarities between the lawsuit and the winning 1998 case against near-monopoly at the time, Microsoft (MSFT), but noted that as the industry changes, the lawsuit against Apple could be more difficult.

European regulators are also cracking down on Big Tech, Apple included, over potential violations of the European Union's Digital Markets Act (DMA). Separately, Apple is allegedly in talks with China-based Baidu (BIDU) about using its artificial intelligence (AI) software for its devices.

Apple stock is up 0.4% to trade at $172.05 at last glance. The equity is down nearly 11% since the start of the year, but recently found support at the $170 level.

Though calls are winning out on an absolute basis in the options pits, it's worth noting put volume is running at double what is typically seen at this point. So far today, 351,000 calls and 316,000 puts have been exchanged, with new positions being opened at the 3/22 170-strike put -- the most popular contract by far.

This represents a slight shift in the options pits, as calls have been much more popular than usual over the past two weeks. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), AAPL's 10-day call/put volume ratio of 2.17 ranks higher than 90% of readings from the past year.

Read Full Story »»»

DiscoverGold
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Agoura Guy Agoura Guy 1 week ago
BOO HOO HOO .... TIM COOK HAS ALWAYS BEEN A LITTLE WEASEL WHO CAN'T THINK STRAIGHT!!!!!!

APPLE DESERVES WHAT THEY ARE GETTING FOR THEIR CORRUPT BUSINESS PRACTICES!!!!!!!

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Stock Guy777 Stock Guy777 1 week ago
DOJ taking a big bite outta Apple!
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Agoura Guy Agoura Guy 1 week ago
YOU MEAN LIKE THE OPTI-GRAB EFFECT????




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Canna_Business Canna_Business 1 week ago
The "apple-vision" is giving me a headache from the screen being too close. I am medically concerned.
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fung_derf fung_derf 1 week ago
It's incredible....no one has ever lost money on IHUB....they always sell just in time....
Great call on the S&P puts.

Agoura Guy

Re: None

Thursday, March 21, 2024 4:22:05 PM

Post#
381928
of 381930
WHERE DID ALL THE ***PUTS*** HATERS GO TODAY??????

Bearish
BEARISH
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nicehit nicehit 1 week ago
F'en Govt'! They never built anything they just take!
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Agoura Guy Agoura Guy 1 week ago
STOMPED!!!!!!!!


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fung_derf fung_derf 1 week ago
The correct answer is, it's tough to tell right now. Bumping up against the $178 resistance, it currently trades at $175. I have sold off half and in wait and see mode. Anyone predicting right now is just guessing.
A move back above $179 would be bullish. Below $168 bearish.
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fung_derf fung_derf 1 week ago
What about the gains for 1 year??
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DiscoverGold DiscoverGold 2 weeks ago
Apple $AAPL with a bullish island reversal pattern in the works + MACD crossing to the upside
By: TrendSpider | March 18, 2024

• Apple with a bullish island reversal pattern in the works + MACD crossing to the upside.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 2 weeks ago
Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | March 18, 2024

• Today (8:32 CST), the best performer in the DJIA is Apple Inc. AAPL.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 2 weeks ago
$AAPL - The March 7 low was a potential daily cycle low on day 42. Since there was no positive divergence on the RSI, the low may not be in yet and a lower low is still possible next week. In order to confirm the daily cycle low it would have to close above the 20 day MA.
By: CyclesFan | March 17, 2024

• $AAPL - The March 7 low was a potential daily cycle low on day 42. Since there was no positive divergence on the RSI, the low may not be in yet and a lower low is still possible next week. In order to confirm the daily cycle low it would have to close above the 20 day MA.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 2 weeks ago
Apple $AAPL inside doji candle on the weekly chart, decent setup for a reversal if bulls can hold the line.
By: TrendSpider | March 17, 2024

• $AAPL inside doji candle on the weekly chart, decent setup for a reversal if bulls can hold the line.



Read Full Story »»»

DiscoverGold
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golfer101mi golfer101mi 2 weeks ago
We need to get production of all Apple products out of china and just take the hit. Not a nice country.
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DiscoverGold DiscoverGold 2 weeks ago
Apple $AAPL just formed its first Death Cross since June 2022
By: Barchart | March 14, 2024

• Apple $AAPL just formed its first Death Cross since June 2022.



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DiscoverGold
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Investors3 Investors3 2 weeks ago
Apple set to expand Apple Vision Pro availability to many more countries soon
Thursday, March 14, 2024 12:25 pm
No Comments

Based on code discovered by MacRumors, Apple will soon add 12 new languages to the virtual keyboard on the Vision Pro, which is currently only sold in the U.S. (launched on February 2, 2024). The company is expected to expand Apple Vision Pro availability to many more countries soon.

Aaron Perris for MacRumors:

The code indicates the following languages will be added:

• Cantonese, Traditional
• Chinese, Simplified
• English (Australia)
• English (Canada)
• English (Japan)
• English (Singapore)
• English (UK)
• French (Canada)
• French (France)
• German (Germany)
• Japanese
• Korean

It’s likely that these language additions hint at the countries where Apple will launch the Vision Pro next, including Australia, Canada, China, France, Germany, Japan, Singapore, South Korea, and the UK. Hong Kong and Taiwan are also potential candidates.
?
MacDailyNews Take: Finally!

https://macdailynews.com/2024/03/14/apple-set-to-expand-apple-vision-pro-availability-to-many-more-countries-soon/
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Mt. Blanc Mt. Blanc 2 weeks ago
AAPL 169s worked for an entry.

mb
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DiscoverGold DiscoverGold 3 weeks ago
Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | March 11, 2024

• Today (8:32 CST), the best performer in the DJIA is Apple Inc. AAPL.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 3 weeks ago
Apple's $AAPL stock performance each full year since going public
By: Evan | March 9, 2024

• Apple's $AAPL stock performance each full year since going public

1981: -35.1%
1982: +34.9%
1983: -18.4%
1984: +19.5%
1985: -24.5%
1986: +84.1%
1987: +108%
1988: -3.4%
1989: -11.6%
1990: +23.5%
1991: +32.4%
1992: +6.9%
1993: -50.5%
1994: +35.2%
1995: -17.3%
1996: -34.5%
1997: -37.1%
1998: +211.7%
1999: +151.1%
2000: -71.1%
2001: +47.2%
2002: -34.6%
2003: +49.1%
2004: +201.3%
2005: +123.3%
2006: +18%
2007: +133.5%
2008: -56.9%
2009: +146.9%
2010: +53.1%
2011: +25.6%
2012: +32.6%
2013: +8.1%
2014: +40.6%
2015: -3%
2016: +12.5%
2017: +48.5%
2018: -5.4%
2019: +89%
2020: +82.3%
2021: +34.7%
2022: -26.4%
2023: +49%
2024*: -11.2% (So far)

Read Full Story »»»

DiscoverGold
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jimmirehman jimmirehman 3 weeks ago
This is nothing but a buying opportunity. Gonna dump my mutual funds for this banger
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Canna_Business Canna_Business 3 weeks ago
https://tradingeconomics.com/united-states/non-farm-payrolls
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infamous infamous 3 weeks ago
IMO,this closes no less than 176 by EO next week.
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infamous infamous 3 weeks ago
just a matter of a couple days IMO that we start climbing above 180 again! AAPL
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mm41 mm41 3 weeks ago
European Union is also taking massive action against US tech companies.
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mm41 mm41 3 weeks ago
China bans iPhone for state employees. Sales plummet dramatically. It remains to be seen whether the stock will be able to maintain its current stock market overvaluation after such reports
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Scot892 Scot892 3 weeks ago
Agoura, for once I agree with you. Been holding this rotten apple but it's all house shares I'm holding so even if it's rotten, it's still green. Hope this turns around and I can grow more green apples once the rotten seed is in the ground from here on up. Been waiting to see it hit 200 so we can see another split but definitely rotten for the last couple years
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DiscoverGold DiscoverGold 3 weeks ago
Apple $AAPL is most oversold since 2018
By: Cheddar Flow | March 6, 2024

• $AAPL is most oversold since 2018.



Read Full Story »»»

DiscoverGold
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Agoura Guy Agoura Guy 3 weeks ago
AAPL BACK TO DECEMBER 1, 2021 PRICES...... DEAD MONEY FOR OVER 2 YEARS!!!!!!!!

***BAGHOLDERS***!!!!!!!!!!!!!

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fung_derf fung_derf 3 weeks ago
I truly doubt there are many "bagholders" in AAPL. There are those who are up a bunch and those who aren't quite up a bunch.
And you reporting that AAPL has had issues of late is not some genius discovery. It's kind'a been reported everywhere.
Surely, you can find a number of penny stock mullets to go bag on?
Are you thinking you can single handedly, manipulate the share price of Apple?
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Agoura Guy Agoura Guy 3 weeks ago
AAPL BAGHOLDERS LOSING THEIR MINDS LASHING OUT AT EVERYONE ELSE INSTEAD OF ACCEPTING RESPONSIBILITY FOR THEIR OWN GREED!!!!!!

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Agoura Guy Agoura Guy 3 weeks ago
ROTTEN AAPL $168.80 -1.32 (-0.78%)!!!!!!!!!

SUCKERS!!!!!!!!!


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fung_derf fung_derf 3 weeks ago
Uhhhh, you've been saying this since June of 2020. The market has only gone up about 50% since then though. Why wouldn't we believe you now?

Agoura Guy

Re: None

Thursday, June 11, 2020 3:39:34 PM

Post#
316213
of 381376
THE MARKET IS DONE, POWELL HAS ZERO CREDIBILITY!!!
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Agoura Guy Agoura Guy 3 weeks ago
THE MARKET IS WAY OVER VALUED AND LONG OVERDUE FOR A SEVERE CORRECTION!!!!!!!!! I TRADE INTRA-DAY VOLATILITY MOSTLY ON THE SHORT SIDE. OCCASIONALLY I TRADE 0DTE CALLS.

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fung_derf fung_derf 3 weeks ago
No one ever loses money on IHUB...didn'tcha know?
You post in large caps and colors so you've convinced me.
Your posts look perfectly sane.
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Agoura Guy Agoura Guy 3 weeks ago
I HAVE BEEN TRADING 0DTE SPY PUTS SINCE JUNE, INDEX LEVLE S DON'T MATTER, ONLY INTRA-DAY VOLATILITY!!!!!!

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fung_derf fung_derf 3 weeks ago
Well, considering it has broken below support, your post isn't exactly media worthy. However, you've been pushing shorting for quite some time. Shorting EVERYTHING!
You've been touting shorting the S&P for quite a while......eventually, you gotta be right I guess.
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Agoura Guy Agoura Guy 3 weeks ago
ITS A GREAT SHORT.... WAY OVER VALUED!!!!!!!!!

STUPID GREEDY IDIOTS BUYING AT THE TOP WILL BE WIPED OUT..... YOU WILL SEE!!!!!!!

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