US benchmarks mixed; big tech stocks weigh on Nasdaq Composite
The FANG stocks were out of favour and dragged the tech-heavy Nasdaq Composite into the red
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NASDAQ:AAPL
Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a variety of related services. The company's product categories include iPhone, Mac, iPad and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS and tvOS. Apple's services include advertising, AppleCare, cloud services, digital content and payment services.
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The FANG stocks were out of favour and dragged the tech-heavy Nasdaq Composite into the red
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News of a slowdown in iPhone 8 production was triggered by a Taiwanese newspaper report, which quoted analysts as saying that there could be as much as a 50% cut in orders for the new mobile phone
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Apple could offset stagnating iPhone sales growth with a more “subscription-like” strategy, according to KeyBanc's Andy Hargreaves
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Apple described the proposed new data center as a “critical piece of infrastructure”.
Like Apple did in the not-so-distant past, Tesla needs to prove the viability and popularity of its new model to investors who aren’t necessarily “true believers”
US benchmarks were sliding towards a positive close on Tuesday
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Royal Bank of Canada thinks possible tax reforms coupled with product refreshes could see Apple’s worth soar past US$1trn in 2018
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In the past week there have been six reports about the battery inside Apple's iPhone 8 Plus expanding soon after first use
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Apple and Amazon were both in the headlines in Europe amid scrutiny over separate tax arrangements with states within the European Union.
Another day, another new high for the S&P 500, but the Dow just missed out on setting a new record despite recovering from an indifferent morning session
US benchmarks took a late dip to close lower on the day
The video-streaming firm sold 15.7mln shares at US$14 each; at the upper end of what it had expected
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In a note to clients, Raymond James hiked its target price for Apple to US$180 a share, up from US$170 previously, and reiterated an ‘outperform’ rating on the stock
Imagination has separately agreed to the sale of its MIPS US business to California-based Tallwood Venture Capital, a contingency of the takeover, which will avoid subjecting it to a review by the Committee on Foreign Investment in the US
Proactive Investors takes a look at what happened after hours in New York and what's moving the needle in pre-market deals
Well, that's all three British chip design champions gone into foreign ownership: ARM, Imagination and Wolfson
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
It was an indecisive end to the week with the Dow falling on Friday while the S&P 500 and Nasdaq Composite edged higher
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The company’s shares were trading at US$152.37, down 0.7% on last night’s closing price, having fallen by 4.6% since unveiling the iPhone 8 and iPhone X last week
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A focus currently appears to be on the new Apple Watch and reviews of this smart device.
Google's Pixel smartphone was launched earlier this year and is manufactured at HTC’s factories.
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The higher the price, the higher the demand for Apple products ... and vice-versa
Despite the fanfare, Apple's launch event did not seem to go down that well in the market
We take a look at what's moving the dial in pre-market deals in New York
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Wall Street won't like the wait for the high-end handset getting to market
As well as the Apple event in California, we take a look at what was garnering interest after hours
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US consumers may be willing to pay the higher price of the iPhone X but overseas customers are more sensitive, according to UBS
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It is something 'epic'.suggested Apple's Craig Federighi who gave a brief demo
The Dow Jones was up 44 points going into close; S&P500 and Nasdaq were also higher
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News is also emerging that President Donald Trump will visit China in November this year
Here at Proactive Investors, we take a look at what's moving the dial in pre-market deals in New York
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The market has high-expectations for the upcoming iPhone
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European indices are also on the rise in early deals; FTSE 100 is up almost 27 points
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Apple has suffered a major leak of its new iPhone with some claiming it was an intentional act of sabotage by a disgruntled employee
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Day ahead includes the launch of Apple Inc's iPhone 8, the August UK inflation numbers, and first quarter results from FTSE 100 equipment hire firm Ashtead Group
The blue chip index closed out almost 36 points higher at 7,413
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Many analysts expect the next iPhone to be a success
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Apple is to launch its next iPhone on 12 September at its new headquarters in California
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The launch of its iPhone will be the first event to be held at Apple's new headquarters
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Proactive takes a look at all the buzz stocks in New York ahead of the bell
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Apple's shares have received a boost after reports that it is on track to release the iPhone 8 next month eased worries about reported delays
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Apple is said to be releasing three new iPhones, including updates to two iPhone 7 models and a premium version to mark the device’s 10th anniversary
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The eye watering costs won’t even dent Apple’s gargantuan cash reserves which stood at US$215bn earlier this year
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Corporate America has been criticising the President over his response, or lack of, to the white nationalist rallies in Charlottesville, Virginia last weekend
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RBC analysts said Apple’s stock has historically seen a median return rate of 15.6% in the 90 days before the launch of a new product cycle
Fear will keep the gold price high for as long as government expansion continues
The Dow Jones went through 22,000 in early deals in New York..
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Proactive had its eye on the movers and shakers last night after the bell
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Apple's third quarter results beat analysts' expectations despite a widely-expected slowdown in iPhone sales
The UK blue chip index Around 12 points lower at 7,411 well above the day’s low of 7,388.92
With an hour and a quarter of trading to go, the UK benchmark index was ahead 58 points at 7,430, just easing back from the afternoon peak of 7,438.90
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In the last quarter, the tech giant posted earnings of $2.09, which was 3% above Wall Street expectations
The S&P 500 added 1.12 at 2,473, while the tech heavy Nasdaq shed 8.47 at 6,366.
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Apple's third quarter earnings are likely to take a backseat to any updates on the tech giant's plans of the iPhone 8
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Qualcomm said it believes it holds the "high ground" in its legal dispute with Apple over royalty payments
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A look at what moved the needle after hours in New York ....
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The bank's analysts said they expect the company to provide a "weaker-than-consensus" outlook for its fourth quarter ending in September, because of the slightly later iPhone launch
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Of course if you’ve already done so, this article probably doesn’t apply to you…
The FTSE 250-listed firm said the deal is expected to be complete by the end of the company’s second quarter with the cash – payable in two tranches at completion and in January 2018 – to be reinvested into Dixon’s business
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Apple's fingerprint sensor on the new iPhone is said to be experiencing development issues due to changes it has made to the display
Customers will be able to use PayPal to pay for items in the former's App Store, Apple Music, iTunes and iBooks.
Apple's HomeKit products are compatible with Linkwave's new Link Plus product, which will be available later this year
ITV, Burberry and GlaxoSmithKline could face potential bids from international rivals as a weaker pound stokes interest in a number of UK-based firms
On top of cross-licensing patents from each other, Nokia and Xiaomi will “explore opportunities for further collaboration” in areas such as virtual reality, artificial intelligence and internet of things
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Apple is appealing the EU's decision to make the iPhone maker pay back up to €13bn in Irish taxes
The German bank has moved its stance to ‘hold’ from ‘buy’ after raising its target to that take-out valuation, up from 320p previously.
The company is continuing to see good demand for all of its three businesses - Ensigma licensing revenue was up 200%, PowerVR was up 43% and MIPS was up 12%
The FTSE small cap firm reported results showing a return to pretax profits of £2.37mln for the year ended April 30 2017, against a £29.397mln loss a year earlier
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Day ahead: US Independence Day holiday; Sainsbury's trading update; finals from Imagination Technologies ...
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The 10th anniversary iPhone is expected to boost Apple's revenue and margins, according to analysts
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Week ahead: Dixons to show resilience, Bank of England maybe less so
The index measures the performance of the 3,000 largest publicly held US companies by total market cap.
New manufacturing plants could potentially create tens of thousands of jobs for Americans.
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Apple, Qualcomm, Intel, and CEVA are all seen as potential acquirers of London-listed semi-conductor firm.
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Sometimes a cheap stock is cheap for a reason, not just because it’s good value…
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The new handset is expected to be released sometime in September this year
The Dow Jones set a new record yesterday, after the Fed decided to raise interest rates
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Apple's chief executive Tim Cook said self-driving software is a core technology that the company views as very important
The tech sector has seen a big sell-off but what implications are there for other growth assets?
Among the blue chips, software company Micro Focus and accounting software provider Sage Group were among the biggest fallers, shedding 3.5% and 2.5% respectively
"With multiple value upside triggers ahead, including imminent maiden revenues from CellPlan, I very much look forward to the opportunities ahead" - CEO João Andrade
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The Apple faithful will no doubt rush out to buy the iPhone 8, but will unbelievers be converted?
In its note to clients, Deutsche Bank repeated its ‘buy’ rating on Vodafone as it raised its target to 300p from 285p after hiking estimates following the firm’s full-year results
WideCells expects its education and training business to be profitable while at the same time driving interest in the group’s other services such as CellPlan
Around 8.45am, the UK blue chip index was about 24 points lower at 7,503, having gained around 1% on Friday after international stocks benefited from sterling’s falls
Following a review by Sprint of its distribution strategy, the retailer and telecoms group have agreed that Dixons will sell its 50% stake in the joint venture to Sprint for an undisclosed amount.
Shares in chipmaker Advanced Micro Devices are rising for a third day in a row after positive remarks from Apple
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Apple's HomePod promises high sound quality but its Siri voice assistant lags behind many of its rivals
Former FBI chief Comey is due to testify in front of the Senate intelligence committee on Thursday.
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Apple has unveiled a new home hi-fi system for listening to its music streaming service
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The speaker works, unsurprisingly, with Apple Music...
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Analysts at Pacific Crest have cut their long-held ‘overweight’ rating on Apple to ‘sector weight’.
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Apple, Google, Facebook, Twitter, Tesla, Microsoft and IBM have accused Donald Trump of putting the environment under threat
Snap, Apple, Facebook and Google are competing to become leaders in camera technology
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Qualcomm is seeking significant damages after Apple sued the chip maker for at least US$1bn on claims it charged royalties for technology that the iPhone maker has “nothing to do with”.
The shares touched $1,001.20 in pre-market deals before it slipped back to around $998, where it currently stands - 0.31% up on the day.
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Apple's iPhone 8 is expected to boost the tech giant's share price when released later this year
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Apple and Nokia have signed a multi-year patent license deal
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Apple's revenue and margins could grow following the launch of its premium priced iPhone 8 later this year, according to RBC Capital
The company has claimed unspecified damages for the alleged infringements of patents for electronic payments and identity authentication technology