Do you want to buy Apple shares before the iPhone 15 is released? Seti says history will repeat itself.

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more

Bitcoin drops below $29,000 on interest rate concerns. How far can you fall?

Bitcoin drops below $29,000 on interest rate concerns.  How far can you fall?

font size Bitcoin, after weeks of inaction, is finally moving. Router Vicer / Dreamtime bitcoin Cryptocurrencies and other cryptocurrencies were falling on Thursday, finally making significant moves after weeks of inaction as traders sold the digital asset on expectations that interest rates will remain higher for longer than previously thought. Bitcoin price fell by 2% … Read more

Cisco, Wolfspeed, Ball, Hawaiian Electric, Walmart, and more stock market movers

Cisco, Wolfspeed, Ball, Hawaiian Electric, Walmart, and more stock market movers

font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising … Read more

PayPal stock can’t catch up. A large investor cuts his stake.

PayPal stock can't catch up.  A large investor cuts his stake.

font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal … Read more

TJX stock is rising on the earnings beat and increased guidance

TJX stock is rising on the earnings beat and increased guidance

font size Parent company TJ Maxx has raised its guidance for the fiscal year. Chip Somodevilla / Getty Images Cos TJX. It posted better-than-expected earnings and sales results and raised fiscal year guidance, sending the stock higher in pre-market trading Wednesday. Non-price retail sales in the second quarter were $12.8 billion, beating expectations of $12.5 … Read more

JD.com earnings beat. But stocks can’t shake the gloom in China.

JD.com earnings beat.  But stocks can't shake the gloom in China.

font size JD.com reported strong results for the second quarter, but the overall picture is weighing on investors. Kevin Fryer/Getty Images JD.com It smashed earnings expectations, but the e-commerce giant’s stock was falling on Wednesday, in a reflection of gloom in Chinese markets amid fears of a slowdown in the world’s second-largest economy. JD.com (Stock … Read more

Target earnings exceed expectations. The arrow goes up.

Target earnings exceed expectations.  The arrow goes up.

font size Target lowered its full-year earnings guidance, citing recent sales trends. Justin Sullivan/Getty Images Goal It beat analyst expectations for second-quarter earnings, sending shares higher on Wednesday. Earnings were $1.80 per share, compared to expectations of $1.43. The shares were up 8% in pre-market trading. However, poor sales prompted the company to lower guidance … Read more

Target, Coherent, Cava, Tower Semi, DLocal, VinFast, Tesla and more market drivers

Target, Coherent, Cava, Tower Semi, DLocal, VinFast, Tesla and more market drivers

font size Stock futures rose modestly on Wednesday. Dream time Stock futures signaled a slightly higher start on Wall Street on Wednesday after stocks fell after retail sales data sent bond yields higher. The Federal Reserve will release the minutes of the central bank’s meeting on July 25-26 in the afternoon. These stocks were poised … Read more

Intel drops $5.4 billion semiconductor tower deal. It’s a slam dunk strategy.

Intel drops $5.4 billion semiconductor tower deal.  It's a slam dunk strategy.

font size Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday that the deal, originally agreed … Read more