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…
This Excellent Apple Stock News Means "Microsoft Had Better Watch Out"
The latest Apple stock news sent AAPL shares up 1.73% this morning (Wednesday).
On Tuesday afternoon, Apple announced a "landmark partnership" with International Business Machines Corp. (NYSE: IBM). Together, the two companies aim to gain foothold in segments of the corporate world like healthcare, retail, and transportation. And they intend to use mobile to do it.Here are the details of the IBM-Apple deal – and how it will affect AAPL stock in coming months…
Apple Stock Undervalued – Near-Unbreakable iPhone 6 Screen Will Spur Record Sales
Any previous estimates of iPhone 6 sales need to be tossed out.
Evidence that Apple Inc.'s (Nasdaq: AAPL) next-generation smartphone will include a virtually unbreakable sapphire screen will push sales far beyond earlier expectations, which means that Apple stock at below $100 is significantly undervalued.
Apple clearly thinks it has a winner on its hands - it's ordering some 30% more units of the iPhone 6 units than it did the iPhone 5s last year.Here’s what this runaway hit will do for AAPL stock...
Seven Reasons to Buy Wearable Technology Stocks Now
One of the hottest trends for investors in 2014 has been investing in wearable technology stocks, as new products hit the market seemingly every week.
The wearable tech industry is growing at an incredible rate, and has been described as a "key consumer technology." The research shows that the industry is set to explode. In fact, it's already experiencing incredible growth.As the market develops, there will be numerous investment opportunities, and these are the seven biggest reasons we’ll be investing in wearable tech…
AAPL, GRPN, and ABBV Are Today's Pre-Market Movers
Dow Jones today, July 8, 2014: This morning, Apple Inc. (Nasdaq: AAPL), Groupon Inc. (Nasdaq: GRPN), and Alcoa Inc. (NYSE: AA) are among the day's more notable premarket movers.
Yesterday, the Dow Jones Industrial Average dropped more than 50 points as investors weren't willing to take risky positions ahead of earnings season. Cyclical and small-cap stocks lagged the hardest this afternoon. The CBOE Volatility index soared more than 11%, the largest hike in nearly three months. The bounce was significant, as the index hit its lowest level since February 2007 last Thursday.Here's what you should know to make your Tuesday profitable:
Apple Stock News: Another List, Another No. 1 Ranking
Apple Stock News: Apple Inc. (Nasdaq: AAPL) is No. 1 again -- this time on Barron's annual ranking of the World's Most Respected Companies.
But the Barron's survey is just the latest feather in Apple's corporate cap. In just the past 12 months, AAPL has topped several such lists.Here's what the world thinks of Apple, and what that means for AAPL stock...
Boost from iPhone 6 Will Push Apple Stock to Record High
The iPhone 6, the next major upgrade to Apple's flagship product, isn't due out until September. But we've gleaned enough leaked information to project that it will bring in enough revenue and profit to get Apple stock back to its all-time high - $100.72 - and beyond.
Two larger screen sizes and a full slate of new features will have customers lining up for the iPhone 6 from New York to Beijing.The only question is how high AAPL stock will ultimately go...
Apple Stock News: What the Low-Cost iMac Tells Us
Apple Stock News: With Wednesday's announcement that Apple Inc. (Nasdaq: AAPL) has started selling a cheaper model of its iMac desktop, we're seeing a shift in philosophy that would have been impossible under CEO Steve Jobs.
It's a philosophy that we also saw in the decision to release the iPad Mini back in 2012. And under CEO Tim Cook, we're sure to see more of it.Here’s what the low-cost iMac is really saying about Apple under Tim Cook…
Here's How the Latest "Not-a-Gadget" Will Propel Apple Stock 50% Higher
Sure, Apple Inc. (Nasdaq: AAPL) didn't introduce a new product at the World Wide Developers Conference last week.
But the tech giant did something much more important than just roll out some new "gadget." Apple unveiled a strategy that puts the company into two new businesses and positions it for years of potential new growth.Here’s why Apple stock – which has zoomed back up near its 52-week highs – is headed even higher...
Apple Stock Split Opens the Door for These 7 Stocks to Follow
The Apple stock split, given the company’s outsized influence, could well inspire a fresh wave of stock splits after years of drought.
Once common, stock splits have become increasing rare over the past decade or so, as companies began to view a lofty stock price as a mark of prestige.
But the Apple stock split, along with other high-profile stock splits this year from MasterCard and Google, seems to be signaling a shift in corporate attitudes.And at this point, there’s no shortage of high-priced stocks ripe for a split...
12 Features of Apple Inc.'s (Nasdaq: AAPL) New Operating Systems
Some analysts yawned at the developments that came from the 25th annual Apple Inc. (Nasdaq: AAPL) Worldwide Developers Conference - but they're actually big news for the innovative tech giant.
What we did get from the developer conference is that Apple's Mac OSX software underwent a dramatic redesign.Here are a dozen highlights of Apple’s new operating systems – available this fall.
Apple (Nasdaq: AAPL) Takes Aim at Rivals at WWDC
Apple Inc. (Nasdaq: AAPL) did not unveil any sexy new hardware at its annual developer's conference today (Monday), but what was discussed tells us a lot about the company's long-term strategy.
It appears that as Apple CEO Tim Cook has watched rival hardware makers using Google's Android copy the iPhone and iPad, he has realized that trying to stay ahead of the competition by dreaming up more new features that will be quickly copied is not the answer.That's why the features revealed at WWDC focused on the one advantage Apple knows its rivals can’t easily copy…
- AAPL, BRCM, HCT Among Top Stocks to Watch Now Apple (Nasdaq: AAPL) is among the top stocks to watch now, with its developer conference action this week. Here's what is important for investors to keep an eye on...
The Apple Stock Split: What Investors Need to Know (AAPL)
Now that the Apple stock split (Nasdaq: AAPL) has arrived - today is the record date - investors need to know exactly what's happening and how it will affect them.
Since the Cupertino, Calif.-based tech giant announced the 7-for-1 stock split on April 23, AAPL stock has gone up 18.5% to $630 a share.Here’s why the company did it and how the split will affect investors...