by David Zeiler
When the Apple stock price broke past $120.28 earlier this month, it gave the tech giant a valuation of more than $700 billion.
That promptly set off speculation of if or when Apple Inc. (Nasdaq: AAPL) could reach a market cap of $1 trillion, which would require an AAPL stock price of a little over $170 a share.
Money Morning Defense & Tech Strategist Michael Robinson believes the Apple stock price will hit that target – and should.
In this video, Robinson explains why he's still as bullish on Apple stock as ever.
The Dow Jones today gained 28 points after reversing losses from earlier in the session, and the S&P 500 hit a new closing record high.
What turned stocks around? Growing optimism about a Greece-EU deal on news the beleaguered country will seek an extension for its debt obligations.
Here are the other top market stories from today - plus our new profit tip for investors...
by Jim Bach
Financial News Today: The Greek debt talks that have been playing out over the past week have pitted Germany against Greece.
Of course, there's a smattering of Eurozone finance ministers offering their voice to the meeting, but one player seems conspicuously absent from these talks.
We'll discuss that in a moment. But first, here's a roundup of the financial news today...
by Diane Alter
Stocks that pay dividends are a top choice for income in today's low-interest environment.
Compare dividend stocks to the income alternatives. U.S. Treasury yields sit near historic lows. Nearly 22% of total developed market countries' debt carries a negative yield.
Meanwhile, most stocks that pay dividends have increased yields. And they offer investors the chance at capital appreciation.
by Tara Clarke
New FAA drone regulations proposed Feb. 15 aren't what tech giants Google Inc. (Nasdaq: GOOG, GOOGL) or Amazon.com Inc. (Nasdaq: AMZN) had hoped for.
"…Once you spend some time looking at them, some of the things proposed would be devastating to the future of the industry," Small UAV Coalition executive director Michael Drobac said to The Wall Street Journal Monday.
Here's what GOOG and AMZN investors need to know...
by Alex McGuire
There are only five upcoming IPOs on this week's IPO calendar, expected to raise a combined $239 million. Four of the five are delays from previous weeks.
The biggest name this week is Chinese e-commerce giant Wowo Ltd. (Nasdaq: WOWO). The company follows in the tremendous footsteps of Alibaba Group Holding Ltd. (NYSE: BABA), another Chinese e-commerce company that had the largest U.S. IPO of all time in September.
Here's a look at the rest of the upcoming IPOs this week...
by David Zeiler
The Apple stock price continues to surge to new highs with the company's seemingly bottomless bag of tricks.
But at this point some investors may be wondering if it's too late to jump on the Apple Inc. (Nasdaq: AAPL) bandwagon.After all, AAPL stock gained more than 62% in 2014 and another 16% in the first six weeks of 2015.
Dow futures today were flat this morning compared to the Dow close on Friday.
This morning the DJIA will be keeping an eye on events in Europe, as geopolitical concerns threaten a sustained rally for equities markets.
Investors fought over the IPO shares of Shake Shack like kids fighting over a McDonald's Happy Meal.
Initially priced at $21.00 per share, Shake Shack stock ended its first day of trading up over 100% at $45.90, moved to just north of $52 per share, and even after an inevitable pull back is still ahead nearly 95%.
The very trends that are pumping up Shake Shack's shares have left those of McDonald's, the most iconic name in hamburgers and perhaps in the entire global restaurant business, becalmed.
But a third player might be the best bet of them all...
by Diane Alter
The stock market closed today, Feb. 16, as financial institutions observe Presidents’ Day – although the NYSE doesn’t call it that…
The holiday was originally established in 1885 to recognize President George Washington. It is observed Feb. 22, Washington’s actual date of birth.
Here’s how it came to be known as Presidents’ Day – and why the NYSE uses a different name…
