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An Economic Slowdown; Disney Earnings, Buffett Cuts Apple Stake By 13%, Uber Earnings
Article By:
Greg Feirman
Monday, May 6, 2024 9:23 AM EDT
The S&P surged 64 points (1.26%) on Friday to 5,128 – right up to its 50 DMA (5,130). The S&P continues to trade in a range (4950 – 5250) defined by its recent high on Friday March 28 and low on Friday April 19.
Stock Rally As Powell Sparks A Buying Frenzy
Article By:
Lance Roberts
Monday, May 6, 2024 9:09 AM EDT
The latest FOMC meeting caused a stock rally as Jerome Powell turned more “dovish” than expected. While Powell did note that progress on inflation has been lackluster, the announcement of the reversal of “Quantitative Tightening” excited the bulls.
Market Briefing For Monday, May 6, 2024
Article By:
Gene Inger
Monday, May 6, 2024 3:30 AM EDT
So prospects for a Fed rate-cut are enhanced by 'mediocre or bad' news on Jobs and Manufacturing fronts. Not a lot; but helps as at least it's not particularly more inflationary; and not a bad backdrop.
Apple Reportedly In Talks To Buy Intel’s 5G Modem Business For $1 Billion
This could be game changing for #Apple! Just when I thought $AAPL couldn't go any higher.
5 Monster Stocks To Watch for the July 2 Trading Session
Some good stocks here. But I never understood the lover for $ROKU. To my knowledge all #Roku does is provide a line of products to watch movies and music over the internet. But the market is proliferated with such products, and there are many superior products by real market leaders like #Google, #Apple, and #Amazon. $GOOG $GOOGL $AMAZN $AAPL
The Category 5 Freak-Out Over Libra, Facebook’s Digital Currency
You presume they didn't know about it til now. I don't agree, Everybody knew. They had to wait til Zuck made it public.They will kill #Libra. The govt doesn't want a currency in the private sector. It could be used for drug trafficking, money laundering, etc. and like you say, where $FB goes, $AAPL, $GOOG, $AMZN could follow. They'll try to squash it like a bug.
As Trade War Rages, Apple Plans To Shift Up To 30% Of Production Outside China
Sounds like a smart move by #Apple to me. No one likes uncertainty. $AAPL
For Apple, Growth Exists Beyond iPhones
There will always be the "next thing" before ipadsd and iphones, it was the Ipod. #Apple doesn't invent products, they reinvent them - take popular items and make them better, sexier, and more user friendly. That's where they shine! $AAPL
Why Apple Should Buy Sony
Fascinating idea with a lot of obvious synergies. But isn't the fact that their products are completely incompatible cause a number of problems that would be too difficult to overcome? $AAPL $SNE
Netflix And FANG Lead The Stock Market Higher
@[Michael J. Kramer](user:85698), why don't you include $AAPL in your coverage? Isn't #Apple included as part of #FAANG?
Even More Bad News For Apple
So #Apple $AAPL will continue to bleed its US customers while giving sweet deals to the Chinese who know the Iphone is no longer a status symbol, but is in fact inferior to Huawei and Samsung.
Powell, Strong Jobs Report Offset Apple Warning, Slowing China as Stocks Rise!"
The comparison of $AAPL to $JPM really puts things in perspective.
Global Smartphone Recession Confirms Consumer Downturn
This makes #Apple's numbers even more impressive $AAPL