Apple’s stock gains after Wall Street bull gets a little more bullish

Shares of Apple Inc. rose Wednesday after longtime bullish analyst Dan Ives at Wedbush raised his price target, citing signs that demand for iPhones in China has been growing. The technology behemoth’...

Altria May Sell Anheuser-Busch Stake After Juul Deal

A recent deal by Altria Group involving its stake in Juul Labs could pave the way for the sale of the cigarette maker’s $11 billion interest in Anheuser-Busch Inbev Altria (ticker: MO) last week swapp...

BlackBerry Stock Dives on Latest Numbers as Revenue Forecast Disappoints

BlackBerry stock tumbled Tuesday, the morning after the Canadian cybersecurity firm released preliminary fiscal-year figures that disappointed Wall Street. The company said Monday evening that it expe...

Altria to Buy Vaping Company NJOY for $2.75 Billion

Altria agreed to buy e-cigarette maker NJOY for $2.75 billion in cash as the Marlboro maker looks to strengthen its portfolio of smoke-free products. The deal for privately held NJOY, one of the few e...

Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential

Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...

Altria deepens push into vape biz with two deals

Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...

Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto

Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...

Apple iPhone Growth Could Lag Rivals for First Time Since 2019

Apple ‘s iPhone shipments are set to fall this year, which would mark the first time the company’s smartphone growth rate is lower than that of its rivals in four years, according to analysts at UBS  ...

Qualcomm Earnings Could Disappoint. Smartphone Demand Could Be Why.

Qualcomm, the maker of mobile processors and 5G wireless chipsets, may report muted earnings results after Thursday’s market close. Wall Street’s consensus estimate calls for Qualcomm (ticker: QCOM ) ...

Apple Stock Typically Gains After Earnings. That Could Change This Time.

Apple reports earnings after the markets close Thursday, and after a quarter of problems for the tech company, investors may be concerned that the stock won’t perform as well as it has in the past. On...

Apple earnings may rely on an unlikely hero amid iPhone uncertainty

Apple Inc. was saved in its last earnings report by an unlikely hero, and the same dynamic may show up in the tech giant’s holiday earnings. Macs posted record revenue of $11.5 billion that was more t...

Apple Will Struggle to Post Growth Amid Waning iPhone Demand, Warns J.P. Morgan

Apple faces a tough task to meet Wall Street expectations for the first two quarters of its current fiscal year as supply problems feed into lower demand, according to analysts at J.P. Morgan   Apple ...

Could Apple WiFi chips just be a ploy to get a better deal from Broadcom?

Broadcom Inc. shares fell Tuesday following reports that Apple Inc. was working on its own radiofrequency (RF) chips, but one analyst wondered whether those plans would get shelved if the chip maker o...

Broadcom stock dinged in final minutes on report Apple working on its own WiFi/Bluetooth chips

Broadcom Inc. shares closed sharply lower Monday in the final minutes of trading following a report that Apple Inc. was working on its own WiFi and Bluetooth chips, which would make Broadcom’s unneces...

Looking for clues about iPhone supply? Ask AT&T, Verizon and T-Mobile

How have iPhone sales have fared in the wake of production constraints on high-end models? Wall Street likely won’t get a clear answer until Apple Inc. reports earnings later this month, but some publ...

ChatGPT is called ‘an iPhone moment in AI,’ but will it make money like the iPhone?

ChatGPT is the latest product of artificial intelligence to take away Silicon Valley’s breath (and venture-capital investments), but it is also yet another AI advancement that has not proved its abili...

BlackBerry’s third quarter tops Wall Street’s earnings expectations

Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry...

Canada’s Largest Pension Sells Apple, Tesla, NIO, XPeng, Li Auto Stock

Canada’s largest pension fund by assets under management recently made striking changes in its investments in Apple and four prominent electric-vehicle makers. Canada Pension Plan cut its stake in App...

Apple Is Looking to Move Production Out of China, Report Says

Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...

Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...

Apple Stock Keeps Falling—and I Feel Fine

If Apple stock falls and it doesn’t make a sound, will anyone notice? Not if the market stock market keeps going up. The past month has been good for the stock market and bad for Apple stock (ticker: ...

Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry.

Apple is facing delivery problems for some iPhones as issues at a critical factory in China continue. But analysts are playing down the potential long-term impact on the company. Apple (ticker: AAPL) ...

Apple iPhone wait times have doubled in 4 weeks to 38 days, UBS says

It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have caused wait times to double over the past four weeks, according to UBS research. As a result, i...

Apple Isn’t Recession Proof. The Stock Could Have a Tough 2023.

To be clear, I’m an Apple fanboy, and have been for years. I have a pair of Mac laptops, an iPhone 13 Pro Max, and an Apple Watch. I subscribe to Apple Music, Apple Photos, Apple News, and Apple TV+. ...

Antitrust battle over Apple’s app store goes to appeals court

SAN FRANCISCO — Apple is heading into a courtroom faceoff against the company behind the popular Fortnite video game, reviving a high-stakes antitrust battle over whether the digital fortress shieldin...

Apple Issues iPhone Supply Warning. But the Real Issue Is Demand.

Big Tech just can’t catch a break. After a dismal earnings season, in which Apple was one of the only bright sparks, the tech giant offered up its own bad news Sunday. Apple said Covid restrictions in...

Qualcomm stock drops more than 7% after poor outlook, months-long chip glut

Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to clear in its core business. Qual...

Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation

The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...

Technology stocks tumble — this is how you will know when to buy them again

This has been a brutal year for Big Tech, as you can see in the chart below, with Meta Platforms META, +1.29% leading the way. Shares of the Facebook holding company plunged 26% on Oct. 27, bringing t...

Apple Earnings Are Next Week. What to Watch.

When Apple reports financial results for its fiscal fourth quarter next Thursday, the most crucial question will be whether the company is seeing signs of strain from the softening consumer economy. P...

Foxconn Unveils EVs. The Apple iPhone Maker Is Pushing Into the Car Business.

Not all car companies want to build their own vehicles anymore. The reason is that they don’t have to. Tuesday, the contract manufacturer Hon Hai Precision Industry (Taiwan), an Apple (ticker: AAPL) i...

These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary pol...