Stock market today, Sept. 10, 2014: Stock market futures were down this morning after markets took a nosedive in the final hour of trading yesterday (Tuesday). The slide followed a broad selloff of tech giant Apple Inc. (Nasdaq: AAPL) and investors heightened cautions over a possible interest rate increase by the Federal Reserve sooner rather than later.
Here’s what you should know to make your Wednesday profitable:
Amazon Local Register Faces New Competition in Mobile Payment Wars (Nasdaq: AMZN)
On Tuesday at its gala event, Apple (Nasdaq: AAPL) unveiled its mobile payment device, the "Apple Pay." It will compete with Amazon (Nasdaq: AMZN), which just launched its own swipe-to-pay device, the "Amazon Local Register," in August, and current market leader Square.Here's a side-by-side comparison of how Local Register, Pay, and Square stack up...
Apple Stock Price (AAPL) Will Rise on iPhone 6, Watch – Eventually
At its special event today (Tuesday), Apple Inc. (Nasdaq: AAPL) proved it still has plenty of innovative fire in its belly.
But Wall Street apparently wanted more, as the Apple stock price slipped into negative territory after the event ended.
What matters, however, is what each of these products - the iPhone 6, Apple Pay, and the Apple Watch - will do for Apple stock down the line, and from what we saw today each is likely to add significantly to the company's earnings.Here's how much punch each will pack for AAPL stock...
Stock Market Today Moving on AAPL, FB, and TWTR News
Stock market today, Sept. 9, 2014: The U.S. stock markets were mixed Monday afternoon following a slide in energy prices. Brent crude prices slipped below $100 per barrel in London for the first time in more than a year.Here’s what you should know to make your Tuesday profitable, including news stories from AAPL, FB, and TWTR…
Gold prices also slipped another 1% to hit a three-month low as the dollar continued its surge.
It's Time to Get a Bargain on Apple
Ed Butowsky is going to owe me a steak dinner.
Butowsky is the managing partner at Chapwood Investments. He’s a good guy. And we often cross paths during our appearances on cable finance programs.
During our most recent get-together, we got into a spirited debate about one of my favorite tech stocks: Apple Inc.
As you folks know, last year I predicted that Apple would hit $1,000 a share ($142.85 post-split) by Labor Day 2016. And I’ve doggedly stuck with that projection.
Butowsky likes Apple, too. But he argues that intense competition will keep the share price from hitting my target anytime soon.
So the wealth manager and I decided to settle this good-natured disagreement the only way possible: with a steak-dinner bet.
When my deadline rolls around, I’m betting I’ll be dining on my favorite meal… Ed - I like my filet mignon cooked medium rare.
But you’ll be an even bigger winner…Full Story
DJIA Today Dips on Energy News, plus AAPL Slips Further Ahead of Big Reveal
The DJIA today dipped due to a slide in energy prices, and U.S. stocks were mixed overall. Global growth concerns weighed heavily on crude oil prices, with Brent crude prices slipping below $100 per barrel for the first time in more than a year.
This dragged down prices of global producers and oilfield service providers such as BP (NYSE: BP) and Schlumberger (NYSE: SLB).Here are the top stories in the stock market today…
Why the Apple Stock Price Will Go Higher Despite the Noise (AAPL)
A crazy week for Apple Inc. (Nasdaq: AAPL) ahead of its much-anticipated iPhone 6 announcement next Tuesday took a 4.22% bite out of the Apple stock price yesterday (Wednesday).
But long-term AAPL investors need not worry.
For all the commotion this week about hacked iCloud accounts, new products from rival Samsung, and negative comments from several Wall Street analysts, the fundamental reasons that the Apple stock price will continue to rise have not changed.Here’s why these events are not the big deal the media has made them out to be…
Apple's (Nasdaq: AAPL) Next Big Move Will Supercharge This Tech Stock
As the launch of the Apple iPhone 6 careens our way, we're seeing more and more speculation that the iDevice king wants to add digital payments to its "ecosystem."
And that's going to further supercharge the business of NXP Semiconductors, the specialized chipmaker whose shares are up 195% since we recommended them back in May 2012.
Let us show you why...
Full StoryRead More...
DJIA Today Adds 10 Points, but AAPL’s 4% Tumble Weighs on Nasdaq
DJIA Today, Sept. 3, 2014: The Dow Jones Industrial Average managed to eke out a 10-point gain Wednesday, but overall U.S. markets were mixed as global tensions and strong auto sales offset one another. The Nasdaq was weighed down heavily by the tech sector this afternoon, as shares of Apple Inc. (Nasdaq: AAPL) slumped more than 4%.Here are the top stories from the stock market today…
DJIA Today Dips on Ukraine Concerns, but AAPL a Bright Spot with Sept. 9 Event
The Dow Jones Industrial Average (DJIA) today shed 42 points today and gold prices rose for the third consecutive session as investors sought safety from rising geopolitical tensions in Ukraine. This morning, Russian forces invaded Ukraine via the eastern border.
The losses remained tempered by a batch of strong economic data that saw U.S. second-quarter GDP growth revised upward to 4.2%.Here are the top stories from the stock market today…
DJIA Today Dips 38 Points; AAPL, GMCR, DYN Among Day's Gainers
DJIA Today, Aug. 22, 2014: U.S. stocks were mixed on Friday as Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyo., failed to beat back renewed geopolitical concerns in eastern Ukraine.
This morning, NATO announced that Russia was building up a strong troop presence on the eastern border of Ukraine, while another convoy entered the country.Now, here are the top stories from the stock market today...
The Apple-IBM Deal Has One Clear Winner: You
You may remember the famous "1984" commercial introducing Macintosh personal computers.
In the ad, "Apple" is an iconoclastic young heroine who hurls a hammer at a giant screen broadcasting "Big Brother" (IBM) lecturing to a legion of followers.
But instead of David battling Goliath to the death, the two are now joining forces in a bold new pact, and it's a good deal for both companies.But investors will want to buy the stock that stands to benefit the most...
DJIA Today Gains 59 Points but Nasdaq Closes Lower; AAPL Hits Post-Split High
DJIA Today, Aug. 20, 2014: U.S. stocks were up Wednesday after the release of minutes from the most recent Federal Open Market Committee meeting in July. According to the minutes, the consensus view of the FOMC is that interest rates won't begin to move higher until at least mid-2015.Here are the top stories from today...
Stock Market Closes Up Again Today as AAPL Hits $100 Mark, HD Soars
Stock Market Close, Aug. 19, 2014: U.S. stocks roared again Tuesday, buoyed by strong earnings reports and a slew of positive economic data. The surge was led today by The Home Depot Inc. (NYSE: HD), which saw shares rise nearly 6% after the company beat Wall Street estimates for its second quarter.Here are the top stories from the stock market today...
Why Apple Stock Broke $100 and Set an All-Time High (AAPL)
Thanks to two effusive research reports, the Apple stock price (Nasdaq: AAPL) cracked the $100-a-share milestone yesterday (Tuesday).
The close of $100.53 also marked an all-time closing high for Apple stock. The previous all-time closing high (before the 7-to-1 stock split in June) was $702.10, or $100.30 adjusted.
The analyst reports both noted that strong sales of the upcoming iPhone 6 will boost AAPL stock.But that's not all they said...
Apple Stock Will Zoom on This $626 Billion Opportunity (AAPL)
For all the talk about fancy new hardware (like the iPhone 6) that's in Apple Inc.'s (Nasdaq: AAPL) pipeline, another initiative on the horizon has just as good a chance - if not better - to move the needle on Apple stock over the next year.
It's Apple's bid to control the nascent mobile payments industry, which is poised to grow from $133 billion last year to $626 billion in 2018.And AAPL already has most of the pieces in place to dominate it…