Apple (AAPL) debuted its new iPhone 15 in stores today, but some are not convinced the latest gadget will help the company's big picture. D.A. Davidson Managing Director, and Senior Research Analyst, Tom Forte, currently has a neutral rating on the stock. He told Yahoo Finance's Josh Lipton and Akiko Fujita that "The company, for its part, already told us that it expects revenue to, once again, decline in the September quarter despite the fact they're launching a new iPhone", leaving many to remain uncertain about the company's current growth outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Apple (AAPL) debuted its new iPhone 15 in stores today, but some are not convinced the latest gadget will help the company's big picture. D.A. Davidson Managing Director, and Senior Research Analyst, Tom Forte, currently has a neutral rating on the stock. He told Yahoo Finance's Josh Lipton and Akiko Fujita that "The company, for its part, already told us that it expects revenue to, once again, decline in the September quarter despite the fact they're launching a new iPhone", leaving many to remain uncertain about the company's current growth outlook.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Investor's Business Daily
Comparing it to the indexes via relative strength lines and technical action made the argument for the trade. When AMZN stock started the year, it didn't look pretty. The general market indexes, by contrast, were all below their 50-day lines for multiple days at that time.
The Wall Street Journal
U.S. stock indexes edged lower Friday to end an ugly week after the Federal Reserve signaled it may not be done hiking rates. The S&P 500 fell 0.2% Friday and closed down 2.9% for the week, its worst performance since March and third straight weekly loss. The Nasdaq Composite dropped 0.1% Friday, and logged its third consecutive week of losses, with tech shares bearing the brunt of the recent selloff.
Barrons.com
Markets capped a four-day losing streak on Friday afternoon, as investors continued to grapple with the interest rate projections announced by the Federal Reserve earlier this week. The Dow Jones Industrial Average declined by 107 points, or 0.
Bloomberg
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Benzinga
Investors are always eager to hear that a stock in their portfolio has announced a dividend increase. For income investors, it means a monthly or quarterly raise. For investors who are also concerned with growth, such dividend hikes can portend an increase in future earnings. A dividend increase often indicates that the company's board of directors has faith that future earnings can cover the dividend hike comfortably. In addition, a dividend increase often makes the stock more attractive to inv
TipRanks
What to make of the markets today? It seems that no matter where we look, the currents are pulling in two directions simultaneously. Recessionary forces, both inflation and higher interest rates, are running headlong into a remarkably resilient economy – but according to earnings results, we actually saw a mild recession early last year, and are in a recovery period. The conventional wisdom is no longer calling for a steep ‘double dip’ recession, but is predicting that growth will slow down shar
Reuters
NEW YORK (Reuters) -When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and Fox Corp on Thursday, the announcement put to rest immediate questions about who will run a sprawling media empire that includes some of the most powerful brands in the world. The executive transition, however, does not settle another potential power play that could occur upon Rupert Murdoch’s death, as framed by a document called the Murdoch Family Trust. It is the vehicle through which the elder Murdoch controls News Corp and Fox Corp, through a roughly 40% stake in voting shares of each company.
Benzinga
In recent years, the online content subscription platform OnlyFans has seen a meteoric rise in popularity, transforming the way creators monetize their content and, in the process, creating a new generation of high earners and millionaires. With fortunes made in a matter of months, many of these content creators are now seeking savvy investment opportunities to grow and secure their wealth. In this article, we’ll explore where these OnlyFans stars are choosing to invest their money, including re
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