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…
AAPL Stock Finally Kicks the Drag of Samsung Patent War
The partial peace in the global patent war between Apple Inc. (Nasdaq: AAPL) and rival Samsung Electronics (OTC: SSNLF) won't be a major catalyst for either AAPL stock or that of Samsung, but it will be one less risk factor for investors in both companies to worry about.
Cupertino, Calif.-based Apple and South Korea-based Samsung announced today (Wednesday) that they would drop lawsuits against each other in all countries except the United States.Here's why both sides have decided it's time to kiss and make up...
Stock Market Close: Dow Jones Plunges 317 Points in Biggest Drop in 6 Months
Stock market close, July 31, 2014: U.S. markets plummeted Thursday in a broad decline, with the Dow Jones shedding 317 points in a broad sell-off.
Meanwhile, the S&P 500 fell below its 50-day moving average, erasing all of July's gains as concerns in global markets hammered stocks. The Chicago Board Options Exchange Volatility Index (VIX) jumped more than 26% to an intraday high of 16.98, the highest level since April.Now, here are the top stories from today...
AAPL Earnings Full of Clues of How Stock Gets to New Highs
Investors needed to sleep on a deceptively boring earnings report, but by this morning the positive news the company shared in its conference call had pushed Apple Inc. (Nasdaq: AAPL) stock up nearly 3%.
Much of that had to do with the iPhone, the Cupertino, Calif.-based company's most important product and the primary catalyst of Apple stock.
But investors weren't just reacting to the encouraging iPhone news.In Tuesday's conference call, CEO Tim Cook revealed several other positive surprises...
Why "Mr. Softy" Will Continue to Rebound
Just under a year ago, Capital Wave Forecast Editor Shah Gilani said it was time to buy Microsoft Corp. (NasdaqGS: MSFT).
It was a surprising call. The once-great software giant had become a moribund also-ran, and Wall Street clearly saw no future for the Redmond, Washington-based company.As is so often the case, Wall Street was wrong... Read More...
Apple Earnings Beat Forecasts Thanks to Higher Margins (Nasdaq: AAPL)
Better-than-expected gross profit margins helped Apple Inc. (Nasdaq: AAPL) beat Wall Street forecasts.
But the rest of Apple's earnings report was nothing to get excited about. The mixed bag of news left Apple stock flat in after-hours trading.Now investors can focus on what's coming this fall...
AAPL Leads These Three "Strong-Performing" Tech R&D Winners
As someone who's been in the technology trenches for the past 30 years, I know well that spending a ton of cash on research does not guarantee profits or stock-price appreciation.
What tech companies need are cost-effective research and development budgets - like Apple (Nasdaq: AAPL). But Apple isn't alone.We've found two other tech companies that also have mastered this strategy..
New AAPL iPhone Report Leads Today's Stock Market News
Stock Market News, July 22, 2014: The DJIA slumped on Monday, as military action continues in the Gaza Strip and geopolitical tensions remain high in Ukraine. The United States and European allies have strengthened economic sanctions against Russian interests and are threatening further action against Vladimir Putin if he doesn't pull support from pro-Russian militants in Eastern Ukraine.Here’s what you should know to make your Tuesday profitable:
AAPL, FB, MSFT, AMZN Among Stocks to Watch This Week
This week is the peak of second quarter earnings season.This week’s earnings parade brings reports from some key players across several sectors. Following are six stocks to watch this week as they release earnings.
Dow Jones Today Notches Another Record High; AAPL, YHOO, INTC in Top News
Stock market today, July 16, 2014: The Dow Jones today (Wednesday) closed up for its 15th record-breaking close in 2014.
U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress again today. She reiterated that the economy remains vulnerable to a struggling job market and stagnating wages - two reasons why the central bank will continue its loose monetary policy in 2014. Still, in its Beige Book this afternoon, the Federal Reserve said that the economy was expanding at "a modest to moderate pace."Here’s the scorecard from today’s trading session, and the top stories that affected the stock market today…
C, AAPL, KOG Among Today's Hot Stocks to Watch
Monday brought a flurry of deals across several sectors, sending the Dow Jones Industrial Average to an all-time intraday high shortly after the open.
Those transactions are featured on today's hot stocks to watch list, along with earnings from a big bank, a bullish upgrade for a tech favorite, and more.Get our full list of hot stocks to watch, including C, AAPL, KOG, and more...
The CYNK Stock Trap: When to Ignore a 24,000% Gain
Sometimes even a 24,000% gain can be a bad thing, especially if it involves a very dicey penny stock.
CYNK Technology Corp. (OTC: CYNK) spiked from $0.10 in mid-June to a Wednesday closing price of $14.71 in less than four weeks. But according to publicly available data, CYNK has never earned any revenue and had lost $1.5 million as of the end of 2013. Oh, and the company has no assets, either.
How could a penny stock like CYNK soar so dramatically, and who might be orchestrating it?That's what everyone wants to know...