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Apple stock hit an all-time intraday high Thursday after a nod of confidence in its continued upswing from Wall Street.Wedbush analyst Dan Ives raised his price target on Apple shares to a new ...
Apple, Amazon, and Intel are among the top trending stocks in extended trading Thursday, October 27, 2022.
Apple stock received a rare downgrade to "sell" from an analyst on Tuesday. The downgrade highlights premium-valuation concerns and some negative headlines in recent months.
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If Apple's stock falls to a P/E ratio of 30, the stock price would need to decline by nearly 30%. A P/E ratio of 25 (around the S&P 500's valuation) would imply a fall of more than 40%.
Plus, the S&P 500 notched its 9th weekly win in a row, the longest streak since 2004, and is inching toward taking out its all-time closing high of 4,796.56. Tech stocks lost ground after Barclays ...
Apple stock, which closed at a record $251.04 on Monday, has gained more than 50% since bottoming out around $165 in April when the company launched Apple Intelligence—the name for its phone ...
Apple's stock surged 7% on Tuesday to reach a record-high close for the first time in 2024 as investors digested the announcement of its AI platform, Apple Intelligence.Shares in the iPhone maker ...