Tag AAPL

Apple's stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the iPhone maker's quarterly results cheered investors worried about a potential recession...

Apple's stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the iPhone maker's quarterly results cheered investors worried about a potential recession. The rally in Apple's shares buoyed optimism across Wall Street, helping lift the S&P 500 and Nasdaq over 1.5% after CEO Tim Cook's results late on Thursday underscored the resilience of corporate earnings in a quarterly reporting season that so far has been less bad than expected...

Apple (AAPL) could make big moves in the streaming space with a purchase of The Walt Disney Company (DIS) says Laura Martin, Needham & Co. Senior Media & Internet Analyst. Martin joined Rachelle Akuffo on Yahoo Finance live to talk Warner Bros. Discovery (WAB) earnings, which showed the company's streaming platforms will turn a profit a year earlier than expected. Still, Warner Bros. Discovery faces challenges with "a broken film content creation engine" that's been on a "cold spell" for the past five years, says Martin. Apple is a strong distribution platform, and would stand to benefit from buying a "successful and healthy film studio." Enter: Disney. If they combined, Apple (AAPL) and Disney (DIS) would stand to benefit from "a lot of synergies" between Apple's strong distribution network of iPhones and Disney's powerhouse content, says Martin. But hope is not lost for Warner Bros. Discovery. The company has a "big library" of names, with plans to launch another Superman movie to bolster the D.C. Comic brand. Martin says she expects Warner Bros. Discovery (WBD) to look to Paramount (PARA) as a potential acquisition opportunity, given Paramount's recent sliding stock. Martin says Warner Bros. Discovery is "just managing the same company" as Paramount, but better. In her full interview, Martin dives deeper into Warner Bros. Discovery earnings with Rachelle Akuffo. Key Video Moments 00:00:15 It's "unclear" WBD can make successful movies 00:01:01 Opportunities for synergies between AAPL, DIS 00:01:32 WBD should look to buy Paramount...

The estimated decline in first-quarter S&P 500 earnings has improved from last week and is now at just 0.7% year-over-year, Refinitiv data showed on Friday, thanks to another round of upbeat results from companies including Apple Inc.. Despite the improved forecast, the first quarter still would mark a second straight quarterly fall for U.S. corporate earnings, or an "earnings recession," which last occurred when COVID-19 hit corporate results in 2020. S&P 500 earnings fell 3.2% in the fourth quarter of 2022 from the year-ago period...

Apple's (AAPL) second-quarter fiscal 2023 results benefit from strong demand for iPhone 14 amid significant forex headwind and challenging macroenvironment conditions...

The major indexes retreated for most of the week on banking fears, but rebounded Friday on a strong jobs report and bank stocks roaring back...

U.S. stocks gained on Friday lifted by strong results from Apple and rebounding shares of regional banks, while a stronger-than-expected jobs report eased worries of an imminent economic downturn. Apple Inc gained 4.7% on better-than-expected results, helped by strong iPhone sales and notable inroads in India and other newer markets, fuelling a 2.3% advance in technology stocks...

In this video, I will go over Apple's (NASDAQ: AAPL) second-quarter earnings report. It beat expectations, but the company's growth story is plateauing and in some categories down significantly. Given a price-to-earnings (P/E) ratio of 30, declining sales year over year, and a lack of innovation, I found it difficult to call this a good quarter, and I'll explain why...