Tuesday, May 9, 2017 6:00 PM EDT
Apple Stock News
For the latest Apple Stock News, AAPL closed at $153.01 on Monday, May 8, 2017. It had a gain of 2.72% from its previous close of $148.96 per share.
After a record holding in cash equivalent, Apple is again pushing other limits. With more than $800 billion in market capitalization, Apple is reaching new 52 week highs. Leader of the IoT market, Apple never ceases to impress. Customers are preparing themselves for the iPhone 8. These are the latest news, along with a respectable Q2 earnings reassuring Apple investors. The company is financially in a good health. Next stop for the company: achieving a market capitalization of $1 trillion.
Analysts are confident that the company will continue to grow. According to them, there is no doubt that the iPhone 8 will be revolutionary. The financial markets seem to follow the same trend. Thus, the market anticipates a successful release of the iPhone 8, and Apple to be an investment to consider for the long term.
Behind Apple, the company Alphabet currently enjoys a market capitalization of $652 billion. Then, Microsoft and Amazon compete for the third place with market capitalization of $530 billion and $451 billion, respectively.
Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm
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Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.
Disclosure:This article originally appeared on Iknowfirst.com, a financial services firm that utilizes an advanced self-learning algorithm to analyze, model and predict the stock market.
Co-Founder Dr. Lipa Roitman, a scientist, with over 20 years of experience created the market prediction system. The algorithm is based on artificial intelligence, machine learning and incorporates elements of artificial neural networks as well as genetic algorithms to model and predict the flow of money between 3,000 markets from 3-days to a year: stocks, ETF's, world indices, gold, currencies, interest rates, and commodities.
The algorithm outputs a predicted trend as a number, which in turn, is used by traders to identify when to enter and exit the market. While forecasts can be used for intra-day trading, the predictability tends to become stronger over longer time horizons such as the 1-month, 3-month, and 1-year forecasts.
I Know First supplies financial services, mainly through stock forecasts via their predictive algorithm. The algorithm incorporates a 15-year database and utilizes it to predict the flow of money across 3000 markets. The self-learning algorithm uses artificial intelligence, predictive models based on artificial neural networks, and genetic algorithms to predict money movements within various market.
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