”For the past few years, Apple shares have been judged by one metric on Wall Street: iPhone unit sales. As iPhone growth has fluctuated, so has the stock price,” Neil Cybart writes for Above Avalon. 329 more words
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”Apple (AAPL) stock jumped on Monday after getting a bullish report from investment bank Morgan Stanley, which reiterated its overweight rating and upped its price target on the company’s shares to 182 from 177,” Patrick Seitz reports for Investor’s Business Daily. 179 more words
”Who is bullying the U.S. stock market? It’s popular to say that Goldman Sachs, J.P. Morgan Chase, the PPT (Plunge Protection Team) or the Federal Reserve, because all engage in shenanigans we’ll never fully know,” Simon Maierhofer writes for MarketWatch. 103 more words
Over the past decade, Apple’s stock has been an investor’s dream come true.
Since the debut of the first iPhone, on June 29, 2007, shares of the tech giant have blisteringly outpaced the wider stock market, rising an enviable 744% over a decade as the iPhone and its successors gradually took over the smartphone market. 713 more words
”U.S. stocks traded higher on Monday as technology stocks recovered from a wobbly performance last week,” Fred Imbert reports for CNBC. “The Dow Jones industrial average rose 121 points and hit a record, surpassing a previous all-time high of 21,391.97, which was set last week.” 112 more words