Apple Inc (AAPL) ニュース

Apple likely to raise dividend payouts annually for the foreseeable future
Friday, September 27, 2024 1:16 pm
No Comments

Apple has a quarterly dividend of $0.25 per share, which was increased from $0.24 per share earlier this year. This year, Apple has already paid investors $0.74 per share, and based on its history, is likely to pay another $0.25 per share before the end of the year, bringing the total dividend for 2024 to $0.99. Apple has a track record of consistently paying and increasing its dividend for 13 consecutive years.

Collin Brantmeyer for The Motley Fool:

According to recent research by Hartford Funds, anytime a company grew or initiated a dividend, its stock had higher returns and less volatility compared to non-dividend-paying stocks since 1973.

Hartford Funds also highlights that a key metric for a dividend-paying stock is its payout ratio, or the percentage of a company’s profits paid out as dividends. The research suggests that it is essential for a company to keep its payout ratio below 75%; otherwise, management may need to cut its dividend if its earnings slide. With a payout ratio of only 14.9%, Apple’s management should be able to maintain and raise it annually for the foreseeable future.

?
MacDailyNews Take: Apple shareholders have decades of dividend raises ahead.

Related

Apple’s $0.25 per share dividend is payable on August 15th
Thursday, August 15, 2024
In "News"

Apple preps to distribute dividends totaling $3.1 billion to shareholders
Wednesday, February 8, 2017
In "News"

How much will Apple increase its quarterly cash dividend next month?
Thursday, March 26, 2015
In "Opinion"

https://macdailynews.com/2024/09/27/apple-likely-to-raise-dividend-payouts-annually-for-the-foreseeable-future/

Apple launches new professional learning resources for teachers and expands global education grant program
October 01 2024 - 9:00AM
Business Wire

In celebration of World Teachers’ Day, Apple® today launched all-new free classroom resources to help educators and students embrace creativity in any lesson, and is celebrating educators through special collections and offerings across Apple services. Additionally, the company announced a major expansion of its groundbreaking education grant program into 100 new schools and communities, reaching students and teachers across six continents with free grant-funded STEAM programming.

Over the past four decades, Apple has been a committed educational leader. Through its work in education, the company has shared its cutting-edge technology and professional learning resources with millions of students and educators, equipping them with the tools to create new worlds, connect in engaging ways, and pursue the jobs of tomorrow. To illustrate the reach of its efforts, Apple is also releasing its first-ever Education Impact Report, which provides a snapshot of the work the company is doing to support teachers and learners worldwide.

“At Apple, we have always believed in the power of education to open new doors and give people the tools they need to build a better, more equitable world,” said Lisa Jackson, Apple’s vice president of Environment, Policy, and Social Initiatives. “We’re blown away to see how tomorrow’s coders, creators, innovators, and leaders are using Apple technology and resources to make their impact known today — and we’re thrilled to expand our education work into even more communities.”

“We’re inspired by the incredible work coming out of classrooms and communities across the globe, and the myriad of ways Apple products like Mac and iPad empower learners to create and build on their passions,” said Susan Prescott, Apple’s vice president of Education and Enterprise Marketing. “Our new Creative Activities for early learners and students make learning easy and fun, and most importantly, give educators quick tools to engage learners of all ages.”

Supporting Teachers and Community Educators with New Tools

Over the course of Apple’s long history in education, professional learning and educator resources have always been key parts of the company’s approach, as the effective use of technology can help unlock the potential of all learners.

Today, Apple is launching new Everyone Can Create® resources for teachers. Creative Activities are a collection of quick, interactive, and fun lesson ideas that empower educators to sprinkle imagination and originality into their learning plans. Creative Activities for Early Learners (ages 4 to 8) and Creative Activities for Students (ages 8 and up) enable teachers to engage their students without increasing their workload. Each activity strengthens essential skills and gets students creating quickly with templates and shareable links.

New Creative Activities include:

Drawing: Reveal a Constellation
Photo: Create a Sticker Collage
Video: See More in Slo-Mo
Music: Lay Down a Beat
The new Creative Activities are now available in the Apple Education Community, a professional learning hub with more than 1 million members where educators can find inspiration, share resources, and connect with peers. This week, the Apple Education Community is expanding its Forum collaboration features to 16 additional countries and regions, enabling participation from even more educators around the world.1

In addition, Apple continues to expand Apple Learning Coach, a free professional learning program that helps educators coach teachers on how to get the most out of Apple products. With new lessons and the ability to register and participate at any time, Apple Learning Coach is now available in eight languages across 15 countries and regions.2 To date, more than 4,000 certified Apple Learning Coaches have guided nearly 100,000 teachers, impacting 2.4 million students.

Reaching Students and Teachers on Six Continents Through Grant Programs

Apple works with schools and nonprofit organizations around the world to provide grants and other hands-on programming designed to expand access to technology, along with educational and workforce opportunities. To date, the company has contributed hundreds of millions of dollars in technology, tools, and resources to more than 200 education and community partners. In the last year alone, Apple has expanded its support to nearly 40 new education partners across Canada, Mexico, New Zealand, the United Kingdom, and the United States.

This work is largely connected to Apple’s Community Education Initiative, through which the company provides hardware, scholarships, financial support, educator resources, and access to Apple experts to schools and organizations in under-resourced communities. Apple collaborates with each partner organization to customize and enhance programming to support the community’s specific goals and transform students’ in-school and extracurricular experiences.

Apple’s extensive education initiatives also include Apple Developer Academies and the Apple Foundation Program, which bring coding education and skills training to developers and entrepreneurs around the world, along with free resources like Everyone Can Code®, Develop in Swift Tutorials, Everyone Can Create, Challenge for Change, and Today at Apple® sessions at all Apple Store® locations.

As detailed in the newly released Education Impact Report, in the past five years, more than 10,000 teachers have received professional learning opportunities through Apple grants. Over that same time frame, 500,000 students in close to 2,000 schools and communities around the world have engaged in the company’s grant programs. Apple currently supports more than 200 schools and nonprofit organizations — a number that continues to increase.

Forging New Partnerships and Deepening Existing Work

CodeDoor, one of Apple’s newer partners, provides coding and workforce preparedness training for migrants throughout Germany. Apple supports the organization’s Creators program, which uses Everyone Can Code resources and Swift Playgrounds® to give participants the tools to design and pitch apps as solutions to community challenges. Through a hybrid experience that takes place over the course of eight months, participants acquire valuable skills, including coding with Swift® and presentation techniques.

“CodeDoor was created from the idea that young people are curious and approach learning as a process of discovery, but need the right tools to feel empowered,” said Karan Dehghani, CodeDoor’s founder. “With support from Apple, our Creators program teaches learners from migrant families how to identify and solve real-life problems through app development — equipping a new generation of Germans with the skills they need to build community and a brighter future.”

Apple is also deepening its work with existing community partners. Since 2020, the company has collaborated with the New York Public Library to expand access to technology through in-person and virtual training classes for learners of all ages and skill levels, with a focus on helping adults develop confidence in their computer skills and grow more comfortable in today’s digital world.

“The world is evolving so fast. One of the ways that we can help shape and ensure the future of libraries is to create spaces that are designed for collaborative, interactive learning,” said Brandy McNeil, Ph.D., the New York Public Library’s deputy director of Branch Programs & Services. “With the tools and resources only Apple can provide, we’ve been able to expand both our programming and our reach to better serve our community, helping many more people harness the power of technology to learn and grow.”

Celebrating World Teachers’ Day Across Apple

In honor of World Teachers’ Day, Apple is celebrating educators around the world through special collections and offerings across its services.

The Great Tools for Teachers collection in the App Store® highlights classroom and lesson-planning essentials that educators can use to support their work. On Apple Music®, users can listen to a collection of learning-based albums and playlists highlighted throughout the Kids and Family categories; on Apple Books®, readers can explore a collection of nonfiction and kids’ books about inspiring educators; and in Podcasts, listeners can find featured shows focusing on conversations by and for educators alongside narratives about education. Additionally, the Apple TV® app features a collection of movies and shows that highlight the importance of teachers in the lives of pupils.

Across the world, teachers can use Group Reservations to book a Today at Apple session for their students at their local Apple Store, selecting from more than 20 topics great for educators and their students to learn how to code, create, and get the most out of Apple products. Learn more and request a session at apple.com/today/groups.

Additionally, Apple is hosting a special session for teachers at Apple Park Visitor Center in Cupertino, California, on World Teachers’ Day (October 5). The Go Further with iPadOS 18 for Education workshop will bring together certified Apple Learning Coaches and educators from across California for hands-on demos using iPad Pro® and Apple Pencil Pro™.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

1. Forum collaboration features in the Apple Education Community are now available in Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Spain, Sweden, Switzerland, Taiwan, the United Kingdom, and the United States.
2. Apple Learning Coach is now available for educators in Australia, Austria, Canada, France, Hong Kong, Ireland, Japan, Malaysia, Mexico, New Zealand, Singapore, Switzerland, Taiwan, the United Kingdom, and the United States.

NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple’s Media Helpline at media.help@apple.com.

© 2024 Apple Inc. All rights reserved. Apple, the Apple logo, Everyone Can Create, Everyone Can Code, Today at Apple, Apple Store, Swift Playgrounds, Swift, App Store, Apple Music, Apple Books, Apple TV, iPadOS, iPad Pro, and Apple Pencil Pro are trademarks of Apple. Other company and product names may be trademarks of their respective owners.



View source version on businesswire.com: https://www.businesswire.com/news/home/20241001500017/en/

Jessica Reeves
Apple
j_reeves@apple.com

Rachel Wolf Tulley
Apple
rachel_tulley@apple.com

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/94644356/apple-launches-new-professional-learning-resources

APPLICIOUS……..happy Monday everyone.

$$ AAPL $$

Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | September 30, 2024

• Today (8:34 CST), the best performer in the DJIA is Apple Inc. AAPL .



Read Full Story »»»

DiscoverGold

I'm bearish on Apple, but shorting Apple is not a good option for now.

yes, I think it is key concern from investors.

Loading some Apple vertical spread 235 Calls for a few weeks out.
Breast Cancer Cure with Cryogenics IceCure ICCM

$APPL

Effects of mobile phones electromagnetic radiation on patients with epilepsy: an EEG study

Conclusion

Mobile phone radiation shows recognizable effects on the brain rhythm of persons with epilepsy. These results should be confirmed by future studies to establish a recommendation addressing the use of such devices in epileptic patients.
If cellphones can cause abnormal brain rhythms then image what an electric car can do...Im starting to notice increase in medical episodes in out of control Tesla accidents. Cellphones add addition radiation to what a person is exposed to inside an EV. They tell you the individual sources of EM radiation are within limits but they dont calculate the cumulative effect inside an EV on a normal day not even factoring natural EM radiation during geomagnetic activity on the surface.

https://ejnpn.springeropen.com/articles/10.1186/s41983-020-00167-2

People already depend too heavily on their phones and cant function without them. This is just another feature that'll make that worse.

On Wednesday, Morgan Stanley reaffirmed its positive stance on Apple Inc. (NASDAQ:AAPL) shares, maintaining an Overweight rating and a $273.00 price target for the tech giant's shares.



https://www.google.com/url?q=https://www.investing.com/news/company-news/morgan-stanley-maintains-apples-stock-target-amid-iphone-16-trends-93CH-3621806%23:~:text%3DOn%2520Wednesday%252C%2520Morgan%2520Stanley%2520reaffirmed,for%2520the%2520tech%2520giant%27s%2520shares.&sa=U&sqi=2&ved=2ahUKEwjh55OAk9mIAxW86ckDHUu_NYsQFnoECBsQBQ&usg=AOvVaw2hH8yReGNBlDPtWQhei0N4

$186 new price target Barclays .. Barclays sees muted demand for iPhone 16
With these headwinds, Barclays maintains its Underweight rating and $186 price target on Apple, suggesting that iPhone 16 demand may continue to lag unless sell-through improves in the coming months.


Barclays analysts said in a note Monday that they see muted demand for Apple's (NASDAQ:AAPL) iPhone 16 based on shorter lead times and channel checks during the first week of pre-orders.
According to Barclays, the early signs are "not encouraging," as both the Pro and base models have seen a weaker response compared to last year's iPhone 15 launch.
The note highlights significantly shorter wait times across key geographies, particularly for the iPhone 16 Pro models.
In the U.S., the iPhone 16 Pro Max’s lead time during the first week was just 26 days, compared to 41 days for the iPhone 15 Pro Max. Barclays adds that similarly, the iPhone 16 Pro had an 18-day wait, down from 25 days last year.
In China, where demand is considered a crucial indicator for Apple, the iPhone 16 Pro Max wait time is said to have dropped to 18 days, from 36 days for the iPhone 15 Pro Max.
Barclays believes the shorter lead times and lower demand signal "weaker than expected demand, especially across the US and China," where consumer spending has softened.
Additionally, global pre-order units are estimated to be down by mid-teens percentage year-over-year, according to the firm's supply chain contacts.
The roll-out of Apple Intelligence, a key feature for the iPhone 16, is delayed until 2025 for markets like China and parts of Europe. Barclays believes the delay could dampen enthusiasm for the new model.
The bank also pointed out that the earlier iPhone launch gives Apple two extra days of sales for the September quarter, but this is unlikely to offset the weaker demand trends

Apple brings California driver’s licenses and state IDs to Apple Wallet
Friday, September 20, 2024 10:14 am
No Comments

This week, Apple announced California driver’s licenses and state IDs can now be added to Apple Wallet, enabling residents to seamlessly and securely add and present their IDs using iPhone or Apple Watch. The launch of California driver’s licenses and state IDs in Apple Wallet will roll out as part of the California DMV’s broader mobile driver’s license (mDL) pilot program, which launched last year and is limited to 1.5 million participants.

“Enabling California residents to seamlessly add and present their IDs with their iPhone or Apple Watch represents a significant step in replacing the physical wallet with a more secure and private digital wallet,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet, in a statement. “The launch also represents an important milestone in the rollout of IDs in Apple Wallet. Not only is California one of the largest states in the U.S., but it’s also our own backyard, and we’re excited to bring an easy and transparent way to present IDs in our home state.”

The addition of IDs in Wallet in California follows the recent launch in Hawaii and Ohio, which join Arizona, Colorado, Georgia, and Maryland. Additionally, Montana, New Mexico, and West Virginia have signed on to adopt IDs in Wallet. Japan has also signed on to bring My Number Card to Wallet, which will mark the first international expansion of IDs in Wallet.

Adding an ID in Apple Wallet

Adding a license or state ID to Apple Wallet can be done in a few easy steps. Residents can tap the Add (+) button at the top of the screen in Wallet on their iPhone, select “Driver’s License or State ID,” and follow the onscreen instructions to start the setup and verification process.

The customer will be asked to use their iPhone to scan their physical driver’s license or state ID card and take a selfie, which will be securely provided to the issuing state for verification. As an additional security step, users will also be prompted to complete a series of facial and head movements during the setup process. Once verified by the issuing state, the customer’s ID or driver’s license will be added to Wallet.

Using an ID in Apple Wallet

Users can securely present their IDs in Apple Wallet in person and in apps to show proof of age or identity.

To present an ID in person, users can go to Apple Wallet and select their ID in Apple Wallet. From there, they can hold their iPhone or Apple Watch near an identity reader, review the specific information being requested, and use Face ID or Touch ID to authenticate. Today, users can present their ID in Apple Wallet at select TSA checkpoints, businesses, and venues, in addition to Apple Store locations across the U.S. for order pickup, Genius Bar appointments, and more. Users can also present their IDs in Apple Wallet to businesses using apps such as Tap2iD Mobile, VeriScan, and Mobile ID Verify, for in-person age verification. These apps leverage Apple’s ID Verifier API to securely and privately accept mobile driver’s licenses and ID cards — right on iPhone, no additional hardware needed.

Soon, users will also be able to present their ID in Apple Wallet in person for select services like CLEAR for member enrollment.

To present an ID in Apple Wallet in apps, users can select the “Verify with Apple Wallet” or “Continue with Apple Wallet” button. From there, they can review the specific information being requested, and authenticate with Face ID or Touch ID before information is shared. Today, users can present their ID in Apple Wallet in select apps, including Turo, with additional partners such as CLEAR, MyChart, and Uber Eats coming soon.

Presenting an ID in a Secure, Private Way

IDs in Apple Wallet use the privacy and security features that are built into Apple devices to help protect a user’s identity and personal information. When adding an ID to Apple Wallet, the state-issuing authority receives only the information it needs to approve or deny the request.

Once an ID is added to Apple Wallet, the information is encrypted on a user’s device, so others — including Apple — cannot access it unless a user chooses to present it. Apple and the state-issuing authority do not know when or to whom a user presents their driver’s license or state ID. A user’s presentment history is encrypted and stored only on their device, and Apple cannot see or access this information.

When presenting an ID in Apple Wallet, only the information needed for the transaction is presented, and the user has the opportunity to review and authorize the information being requested with Face ID or Touch ID before it is shared. Users do not need to unlock, show, or hand over their device to present their ID.

MacDailyNews Note: For more information on IDs in Wallet, visit learn.wallet.apple/id.

Related

Driver’s licenses and state IDs in Apple Wallet are coming soon to California
Thursday, August 15, 2024
In "News"

Apple launches the first driver’s license and state ID in Wallet with Arizona
Wednesday, March 23, 2022
In "News"

Arizona and Georgia first to adopt Apple Wallet driver’s licenses and state IDs; CT, IA, KY, MD, OK, and UT to follow
Wednesday, September 1, 2021
In "News"

https://macdailynews.com/2024/09/20/apple-brings-california-drivers-licenses-and-state-ids-to-apple-wallet/

Apple (NASDAQ:AAPL) – Apple launched the iPhone 16 in nearly 60 countries, but the new model will not come with its AI software, Apple Intelligence, pre-installed. Users will need to download the features over time. T-Mobile CEO Mike Sievert said iPhone 16 sales surpassed those of the iPhone 15, with consumers opting for Pro and Max models more frequently. Meanwhile, analysts remain optimistic about the company’s holiday season performance. In Russia, retailers like M.Video-Eldorado and MTS launched pre-sales of the iPhone 16 despite Apple’s export ban to the country. Russian consumers will pay hundreds of dollars more than Americans due to parallel imports from non-sanctioned countries like China and Turkey. Shares fell 0.4% in pre-market trading, after closing up 3.7% on Thursday.

Nike Shares Surge 7% Pre-Market as Elliott Hill Becomes CEO; FedEx Shares Tumble 13% After Profit Miss
September 20 2024 - 6:02AM
IH Market News

Nike (NYSE:NKE) – Elliott Hill, who started as an intern at Nike in 1988, will become the next CEO on October 14, replacing John Donahoe. Hill, with a 32-year career at Nike, is known for his work ethic and dedication. This change comes at a critical time, with the company facing declining sales and increasing competition. Shares rose 6.8% in pre-market trading, after closing up 0.1% on Thursday.

FedEx (NYSE:FDX) – FedEx reported a sharp drop in quarterly profit and lowered its forecasts as customers opt for cheaper shipping options. CEO Raj Subramaniam cited weaker industrial demand and insufficient cost cuts. The company expects low growth next fiscal year and is ending a key contract with USPS. FedEx reported adjusted earnings per share of $3.60 in the fiscal first quarter, below estimates of $4.75. Revenue was $21.6 billion, also missing the $21.9 billion forecast. FedEx lowered its earnings outlook for fiscal 2025, expecting between $20 and $21 per share. Shares dropped 13.4% in pre-market trading, after closing up 0.7% on Thursday.

Lennar Corp (NYSE:LEN) – Lennar reported third-quarter earnings above expectations, driven by low housing supply and a decline in fixed mortgage rates to about 6.1%. Despite lower gross margins due to high costs, the company expects demand to rise with further interest rate cuts. Lennar reported earnings of $4.26 per share, beating LSEG estimates of $3.63. Revenue was boosted by the delivery of 21,516 homes, up from 18,559 the previous year. The company expects to deliver between 22,500 and 23,000 homes in the fourth quarter. Shares fell 2.5% in pre-market trading, after closing up 2.1% on Thursday.

Macy’s (NYSE:M), United Parcel Service (NYSE:UPS) – Macy’s announced it will hire over 31,500 employees for the holiday season, down from 38,000 last year, reflecting a weaker labor market and cautious consumers. In contrast, UPS plans to increase its seasonal hires to 125,000 workers. Macy’s shares are stable in pre-market trading, while UPS shares fell 2.4%.

Amazon.com (NASDAQ:AMZN) – Amazon launched an AI application called Amelia to help independent sellers manage sales metrics, inventory, and advertising. The software provides quick responses to questions and can autonomously solve issues. Initially available to a limited group, Amelia aims to automate customer service and improve seller experiences. Shares fell 0.3% in pre-market trading, after closing up 1.9% on Thursday.

Mastercard (NYSE:MA) – According to Mastercard, U.S. retail sales are expected to grow 3.2% this holiday season, with companies offering promotions to attract shoppers during a shorter shopping period. Online sales are expected to rise 7.1%. Falling inflation and a strong job market are supporting this recovery. Mastercard shares fell 0.2% in pre-market trading, after closing down 0.4% on Thursday.

AMC Entertainment (NYSE:AMC), Cinemark Holdings (NYSE:CNK) – Major cinema chains like AMC, Regal, and Cinemark announced a $2.2 billion investment over the next three years to modernize theaters in North America. Improvements include comfortable seating, immersive sound, laser projection technology, and facility upgrades. AMC shares rose 0.4% in pre-market trading, while Cinemark shares remain stable.

Walt Disney (NYSE:DIS) – Walt Disney Animation Studios has appointed Jared Bush as Chief Creative Officer. Bush, who has worked at Disney for over a decade, is known for his role in acclaimed films such as “Encanto,” “Zootopia,” and “Moana.” He takes over from Jennifer Lee, who served as CCO since 2018 and co-wrote “Frozen.” Lee will now focus on directing and co-writing “Frozen 3” and “Frozen 4.” Bush is currently involved in producing “Zootopia 2” and “Moana 2,” scheduled for release in 2025 and 2024, respectively. He will oversee the creative production of the studio’s films, series, and associated projects.

Salesforce (NYSE:CRM) – Salesforce CEO Marc Benioff said the company’s new AI software provides a complete solution for enterprise customers, emphasizing that users do not need to develop their own AI. Salesforce is focusing on AI “agents” that automate tasks without human supervision, aiming to deploy one billion agents within a year. In other news, Walt Disney announced it plans to discontinue using Salesforce’s Slack as a collaboration tool after a data breach by the hacker group NullBulge exposed over a terabyte of data. Disney CFO Hugh Johnston stated that most of the company’s businesses would leave the service by the end of the year, migrating to simplified corporate tools. Salesforce shares closed up 5.4% on Thursday.

Hershey (NYSE:HSY) – Hershey laid off a small number of employees this week, less than 1% of its 20,000 staff, as part of organizational changes aimed at generating $300 million in savings. These layoffs come amid rising cocoa prices and declining sales, according to Reuters.

Coca-Cola (NYSE:KO) – Coca-Cola announced a $1 billion investment in its Nigerian operations over the next five years, as discussed during a meeting with President Bola Tinubu. Since 2013, the company has invested $1.5 billion in the country. Shares rose 0.3% in pre-market trading, after closing down 1.6% on Thursday.

Starbucks (NASDAQ:SBUX) – New Starbucks CEO Brian Niccol believes employees should be in the office when necessary but will not impose specific days for attendance. Starbucks currently maintains a three-day office policy. Niccol emphasized the value of collaboration and plans to spend more time in the office, although his own remote work arrangement has sparked reactions. Shares fell 0.2% in pre-market trading, after closing up 0.8% on Thursday.

Elanco Animal Health (NYSE:ELAN) – The FDA approved Zenrelia, a new Elanco drug for treating skin diseases in dogs. The once-daily immunosuppressant controls itching and atopic dermatitis. Elanco plans to launch it soon at a price 20% lower than Apoquel, a competing treatment.

Airbnb (NASDAQ:ABNB) – Airbnb has identified a significant opportunity to expand its long-term rental business, focusing on stays of 28 days or more, as short-term rentals face tighter regulations in tourist destinations like Athens and Barcelona. CEO Brian Chesky noted that these rentals now account for 17% to 18% of the company’s bookings.

Apple (NASDAQ:AAPL) – Apple launched the iPhone 16 in nearly 60 countries, but the new model will not come with its AI software, Apple Intelligence, pre-installed. Users will need to download the features over time. T-Mobile CEO Mike Sievert said iPhone 16 sales surpassed those of the iPhone 15, with consumers opting for Pro and Max models more frequently. Meanwhile, analysts remain optimistic about the company’s holiday season performance. In Russia, retailers like M.Video-Eldorado and MTS launched pre-sales of the iPhone 16 despite Apple’s export ban to the country. Russian consumers will pay hundreds of dollars more than Americans due to parallel imports from non-sanctioned countries like China and Turkey. Shares fell 0.4% in pre-market trading, after closing up 3.7% on Thursday.

Nvidia (NASDAQ:NVDA) – Nvidia has partnered with Abu Dhabi’s G42 to create a climate technology lab focused on AI for weather forecasting. Using the Earth-2 platform, the companies will develop environmental solutions by leveraging vast geophysical data. Shares fell 0.6% in pre-market trading, after closing up 4.0% on Thursday.

OpenAI – OpenAI’s $6.5 billion fundraising round is nearing completion, with demand far exceeding the amount available. Investors such as Microsoft, Nvidia, and Apple are expected to participate, while Sequoia Capital, which backed a rival startup, will not be involved. OpenAI’s valuation could reach $150 billion.

Live Nation Entertainment (NYSE:LYV) – Live Nation has asked a federal judge in New York to dismiss allegations that the company, along with Ticketmaster, inflated ticket prices and stifled competition. The company argues that the accusations do not show direct harm to consumers and defends its practices in contracts with artists and venues.

Trump Media & Technology Group (NASDAQ:DJT) – Donald Trump has stated he will not sell his $1.7 billion stake in Trump Media after restrictions expire. However, other investors, such as United Atlantic Ventures and Patrick Orlando, may sell their shares soon. Trump Media shares fell 5.9% on Thursday, reflecting concerns over insider sales pressure. Shares dropped another 3.3% in pre-market trading on Friday.

Sunrun (NASDAQ:RUN) – Sunrun shares closed down 5.8% on Thursday after the company ended its sales partnership with Costco. Costco disagreed with Sunrun’s subscription model, which offers less upfront revenue. Despite a partnership lasting over a decade, its impact on sales was limited. Shares rose 0.3% in pre-market trading.

Shell (NYSE:SHEL) – The sale of Shell’s 37.5% stake in the Schwedt refinery in Germany to Prax Group is delayed due to legal proceedings, including Rosneft’s attempt to block the deal. The sale was expected to close in early 2024 but now depends on negotiations and court decisions. Shares fell 0.3% in pre-market trading, after closing up 1.5% on Thursday.

ConocoPhillips (NYSE:COP) – ConocoPhillips will supply natural gas to Uniper SE for 10 years, delivering up to 10 billion cubic meters to northwestern Europe. This deal strengthens energy supply security in the region, which seeks alternatives to Russian gas, highlighting the continued importance of natural gas in Europe.

Palantir Technologies (NYSE:PLTR) – Palantir Technologies secured a $100 million contract to expand access to its AI platform, Maven Smart System, across all branches of the U.S. military. The platform, which uses intelligence data and computer vision algorithms, aids in target identification and battlefield situation analysis. Shares fell 2.2% in pre-market trading, after closing up 1.2% on Thursday.

Rocket Lab USA (NASDAQ:RKLB) – Rocket Lab USA aborted a rocket launch in New Zealand on Thursday after the flight computer halted ignition during the countdown. The rocket, intended to launch five Kineis nanosatellites, remained intact, and the company promised updates on a new launch date. Shares fell 0.4% in pre-market trading, after closing up 0.7% on Thursday.

Plug Power (NASDAQ:PLUG) – Plug Power announced a new equipment leasing platform, aiming to generate $150 million in sales. Despite an initial share increase after the announcement, shares closed down 1.90% on Thursday. The company faces challenges with sales and is revising its revenue forecasts for the coming years while attempting to develop hydrogen technologies.

Tesla (NASDAQ:TSLA) – Tesla faced controversy at its German factory, with local residents concerned about water shortages and contamination. The factory, which was expected to boost the economy, has now become a contentious issue in local elections, potentially benefiting the far-right AfD party, which has criticized the facility. Shares fell 0.6% in pre-market trading, after closing up 7.4% on Thursday.

General Motors (NYSE:GM) – General Motors’ autonomous driving unit, Cruise, announced it will soon begin supervised tests with up to five autonomous vehicles in California’s Bay Area. Following an incident that suspended operations, the company resumed testing with human-driven vehicles. Shares fell 1.2% in pre-market trading, after closing down 0.1% on Thursday.

Union Pacific (NYSE:UNP) – Union Pacific projected revenue growth outpacing volumes over the next three years, with an annual compound growth rate for earnings per share between high single digits and low double digits. The company also plans to repurchase up to $5 billion in shares annually starting in 2025.

Delta Air Lines (NYSE:DAL) – Delta Air Lines announced the suspension of flights between New York-JFK and Tel Aviv until December 31, citing security concerns in the Middle East. The airline issued a travel waiver and warned customers about possible flight schedule changes and cancellations.

Caterpillar (NYSE:CAT) – Caterpillar is reviewing its diversity, equity, and inclusion (DEI) policies after activist Robby Starbuck warned of a possible social media attack. Shares closed up 5.1% on Thursday.

Berkshire Hathaway (NYSE:BRK.B), Bank of America (NYSE:BAC) – BNSF Railway, controlled by Berkshire Hathaway, announced a five-year provisional agreement with the SMART union, providing an average wage increase of 3.5% per year, along with healthcare benefits and additional vacation days for railway workers. The contract still requires union ratification. Warren Buffett, through Berkshire Hathaway, sold $896 million worth of Bank of America shares this week. While Buffett has not publicly explained his decision, he still holds a significant position, which may soon fall below the regulatory threshold of 10%. Shares of BRK.B fell 0.1% in pre-market trading, while Bank of America shares dipped 0.4%.

JPMorgan Chase (NYSE:JPM) – JPMorgan announced leadership changes to strengthen its healthcare and technology investment banking sectors. Ben Carpenter and Jeremy Meilman will become co-heads of healthcare globally, while Chris Grose and Greg Mendelson will take on the same roles in the technology sector.

UBS Group AG (NYSE:UBS) – According to Matthew Mish from UBS, a victory for Kamala Harris would benefit basic industry and utilities bonds, while sectors like telecommunications and technology could face challenges. On the other hand, a Donald Trump victory would favor energy and defense debts. UBS anticipates private credit deterioration but does not expect it to spread to the broader market unless the economy slows significantly.

UnitedHealth (NYSE:UNH) – Change Healthcare, part of UnitedHealth, secured new long-term contracts with hospitals and clients who had temporarily left the company following a February cyberattack. The move reflects a trend of diversification among service providers, accelerated by the hack, which highlighted the risks of relying on a single supplier.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/94584752/nike-shares-surge-7-pre-market-as-elliott-hill-be

There is nothing in the 16 thats worth upgrading for, thats the problem. As GolfFish indicated, diehard apple fans will still upgrade. However diehards are far from the majority.
If Apple can bring PC level gaming to its devices...will thats worth upgrading for!

AAPD $16.71 -$16.82 good entries

Not a soul waiting in line for a 16. How times have changed

time to short AAPL

I learned that the reason these phones are so expensive is because of all the apps on them. I don't even use a fraction of them so why pay these high prices for a damn phone? As long as I can talk or chat to someone, that's pretty much all I care about. I don't have time to play any games or watch T.V. on my phone. I'll wait to get home to watch any television...LOL

Yeah, I don't doubt, for example, people who wear Airpods like 18hrs/day, 7 days/week might end up with some crazy illnesses/issues in the years to come. If your cell phone is with you and on your person 24/7, there's gotta be long-term effects for sure.

Even if there was no AI, there's still diehard people that switch to the newest phone every year one comes out. And then the people that still have the old 7's and 8's will need to upgrade to get the latest IOS. New customers switching to Apple will most often get the latest phone/model, so I don't see sales of the 16 being significantly lower globally. But I guess we'll see after the holiday shopping season.

Nothing spectacular about the Iphone 16, thus little reason to upgrade. AI is the only new thing but few people will make use of that tech. Maybe the 17 will actually bring something worth upgrading for and AI then provides a nice bonus. However hasnt Apple always been had neural processing in its CPU's which is why its been able to compete? So is the AI more software based use of hardware already present?

Cellphones although necessary for this day in age are causing more health related issues due to the EM radiation emanating from them and the insane amount of towers that come with mmWave 5G. Even worse, however, is when the users of the cellphones have metallic implants which amplify that EM radiation.

Looking at $220 Calls for October.....

I keep buying the dips.

Pretty big drop if just some analyst says there might be weak demand for the 16 in the next 12 months. Maybe it's worth a couple bucks, but it's around $7 down now..... that's a bit silly.

Edit:I-phone 16 sales.

Projected 2016 I-phone sales.

What's with the $6+ drop this morning??

People have hard times like this stock.....and do start campfire to boast moral.....

I'm disliking slot of these post round nah

I remember the split on the action here few years ago....

But I never spent more than a few cents on a stock and I'm feeling bullish.

Cellphones were one of the biggest detriments to this world. I knew in the 1980's what was going to happen to society. Everyone is an automaton now, unsociable face to face mindless slave to their silly phones. It's the new binky and pacifier. Not too mention spying and tracking device over the people used by the elites who run this game of life. People could not survive life now without their phones. It is a fabricated necessity for 99% as planned by the cabal and billions fell for it LOL.

$300 stock coming soon! Thats all!

Yes but this specific issue springs up between metallic implants and EM radiation. Metal implants actually amplify that radiation which is what i believe was contributing to Mr Van Dykes headaches. The same thing will happen inside EVs which Apple seems to have abandoned thankfully. Still the EM radiation emanating from all the electronic components inside an EV will be amplified by metallic implants. However the implants that amplify that radiation will be much larger than a dental implant. Like hip, knee, foot, etc...

Cell Phone Radiation Effect on Bone-to-Implant Osseointegration: A Preliminary Histologic Evaluation in Rabbits

Conclusion: Implants exposed to cell phone radiation showed more inflammatory reaction when compared to the nonexposed implants, thus indicating that cellular phone overuse could affect the maturation of bone and thus delay osseointegration.
https://pubmed.ncbi.nlm.nih.gov/30892289/

Interesting story for sure. I’ve always knew about how some dental work could cause many health problems, including and not limited to just a simple root canal.

When EMFs activate VGCC, it causes a rapid buildup, negatively affecting the brain and possibly causing the onset of Alzheimer’s to speed up. Animal studies have demonstrated how EMF-induced changes in intracellular calcium levels play a role in the development of the most common form of dementia.

“EMFs act via peak electric and time varying magnetic forces at a nanosecond time scale,” explains study author and Washington State University Professor Martin L. Pall in a media release.

Pall adds that the peaks significantly grow with each increase in the pulse modulation coming from smartphones, smart meters, and even radar in self-driving vehicles.

Legendary actor Dick Van Dyke says he has solved a medical mystery that has baffled him and his doctors for years. The cause of pounding headaches that have plagued him for seven years are his titanium dental implants, he says.
There are tests for titanium allergies, says Dr. Brownstein, but that doesn’t explain what happened to Dick Van Dyke. “Titanium is metal and it creates kind of a lightning rod in the head,” he said. “It doesn’t happen to everyone, and most doctors don’t look for it. Most people have other metals in their mouths, like fillings, and saliva combines with the metal to give a battery-like effect.

“Any metal can do this, and it can be a big problem,” he says. “I just had a patient with issues similar to Van Dyke’s — headaches and facial pain that no one could identify.”
Metal implants amplify cell phone and other sources of EM radiation which can lead to the things described above.

Quote Sources:
https://studyfinds.org/cell-phone-radiation-alzheimers/
https://emerginnova.com/dick-van-dyke-mystery-illness/

today's iPhone 16 reveals, which was largely viewed as a dud, sending the stock to session lows before recovering...

while the bulls enjoyed today's rally, that can and will quickly reverse with dealers still deep in negative gamma territory, and all that would take for another trapdoor lower is a sudden drawdown in stocks which forces dealers to chase risk to the downside, as the dreaded positive feedback loop of negative gamma positioning kicks in.



While stocks staged a comeback, the rest of the market was quiet, with bond yields failing to rebound, and after rising in the early morning, yields gradually faded all day only to closer down on the day...

Great presentation today. Lots of cool product upgrades. Stock always crashes on these days every year. I’ll definitely be buying a 16 Pro.

Apple (NASDAQ:AAPL) – Starting in 2025, Apple will replace LCD screens with OLED in all iPhone models. OLED displays offer more vibrant colors and better contrast, pushing out suppliers like Sharp and Japan Display. BOE Technology and LG Display will begin supplying the new screens. The launch of Apple’s new iPhone boosted its stock on expectations of AI advancements. However, Apple’s stock has historically underperformed after product launches. With a high price-to-earnings ratio, any failure to meet expectations could hurt the company’s valuation. Apple shares were down 0.9% in pre-market trading after a 2.7% drop on Tuesday.

Nvidia Subpoenaed by DOJ, Athira Pharma Shares Plunge 71% After Study Fails, Zscaler Falls 15% Post-Earnings
September 04 2024 - 5:50AM
IH Market News

Nvidia (NASDAQ:NVDA) – Nvidia’s stock closed down 9.5% on Tuesday, leading to a $279 billion loss in market value due to fading optimism over AI following weak economic data. Historically, September has been tough for Nvidia, and this year is no exception. The stock has already dropped 20% from its all-time high. However, performance tends to improve in the following months, especially in November. Additionally, the U.S. Department of Justice has subpoenaed Nvidia as part of an antitrust investigation, raising concerns about practices that hinder supplier switching. Nvidia claims its customers choose its products based on merit. Pre-market trading showed a 1.7% decline.

Athira Pharma (NASDAQ:ATHA) – Athira Pharma’s stock dropped 71% in pre-market trading after closing down 8.41% on Tuesday, following the failure of its drug fosgonimeton to meet primary and secondary goals in an Alzheimer’s study. The company found no statistical significance compared to placebo after 26 weeks of treatment.

Intel (NASDAQ:INTC) – Intel may be removed from the Dow Jones index due to its nearly 60% stock price drop this year, making it the worst-performing stock in the index. The company faces financial challenges and increased competition, and its removal could further damage its reputation. Nvidia and Texas Instruments are potential replacements. Intel’s stock was up 0.4% in pre-market trading after an 8.8% drop on Tuesday.

Super Micro Computer (NASDAQ:SMCI) – Super Micro Computer rejected allegations from Hindenburg Research, which accused it of “accounting manipulation” and export control issues. The company called the report “false and inaccurate,” stating that the situation does not affect its production or financial results. Shares dropped 2.2% in pre-market trading after closing up 0.9% on Tuesday.

Apple (NASDAQ:AAPL) – Starting in 2025, Apple will replace LCD screens with OLED in all iPhone models. OLED displays offer more vibrant colors and better contrast, pushing out suppliers like Sharp and Japan Display. BOE Technology and LG Display will begin supplying the new screens. The launch of Apple’s new iPhone boosted its stock on expectations of AI advancements. However, Apple’s stock has historically underperformed after product launches. With a high price-to-earnings ratio, any failure to meet expectations could hurt the company’s valuation. Apple shares were down 0.9% in pre-market trading after a 2.7% drop on Tuesday.

Hewlett Packard Enterprise (NYSE:HPE) – The U.S. Department of Commerce proposed granting $50 million to Hewlett Packard Enterprise to modernize and expand its Oregon facility, focusing on semiconductor and microfluidics technology. This investment aims to support the development of equipment for biological sciences and AI, benefiting institutions like Harvard and the CDC.

Meta Platforms (NASDAQ:META) – Elon Musk’s X was banned in Brazil for failing to comply with legal orders regarding misinformation and legal representatives. This ban benefited rivals like Instagram and Threads from Meta Platforms, which saw increased activity. Meta, which previously faced a ban with WhatsApp, could face similar challenges in the future. Meta shares dropped 0.5% in pre-market trading after a 1.8% decline on Tuesday.

Snap Inc (NYSE:SNAP) – Snap CEO Evan Spiegel announced a new strategy to improve the company’s ad performance, focusing on augmented reality and automation. In response to slow growth compared to competitors, Snap plans to expand its AR glasses technology and new generative AI tools. Snap shares were down 0.1% in pre-market trading after a 5.1% decline on Tuesday.

Salesforce (NYSE:CRM) – Salesforce announced its acquisition of Tenyx, an AI startup specializing in voice agents. The financial terms of the deal were not disclosed. Tenyx, serving various sectors, will have its team, including co-founders, integrated into Salesforce. The acquisition aims to strengthen Salesforce’s AI-driven solutions.

Airbnb (NASDAQ:ABNB) – Airbnb has requested New York to review Local Law LL18, which requires hosts to be permanent residents and register before listing properties. The company argues that the law has not impacted the housing crisis and has increased travel prices, leading to an 83% drop in short-term rental listings.

AT&T (NYSE:T), Nokia (NYSE:NOK) – The CWA union withdrew from mediation with AT&T, claiming the company was merely delaying the process. Over 17,000 workers have been on strike since last month. AT&T said mediation stalled due to a lack of willingness for agreements and that it is prepared to keep services running. Additionally, AT&T and Nokia have agreed to build a new fiber network in the U.S. This contract follows AT&T’s choice of Ericsson for its wireless network and aims to expand broadband access. The financial terms of the deal were not disclosed, but it is seen as a significant step for Nokia. AT&T shares were down 0.2% in pre-market trading after a 2.7% increase on Tuesday.

Verizon (NYSE:VZ) – Verizon may increase its dividends later this week, potentially boosting its stock. Morgan Stanley analyst Simon Flannery expects a nearly 2% increase, raising the quarterly dividend from 66.5 cents to about 71 cents. Verizon shares dropped 0.3% in pre-market trading after a 2.8% increase on Tuesday.

Sony Group (NYSE:SONY) – Sony is canceling the online game “Concord,” launched just two weeks ago, after failing to attract players. The title, developed for PS5 and PC, will be shut down on September 6, with refunds offered. The game faced heavy criticism and competition, leading to its early closure.

Unity Software (NYSE:U) – Unity’s stock closed up 2.02% on Tuesday following a positive update from Morgan Stanley. Analyst Matthew Cost upgraded the stock from “Equal Weight” to “Overweight,” maintaining a price target of $22, highlighting that the stock is near historical lows and presents an investment opportunity. Unity’s stock was down 0.4% in pre-market trading.

US Steel (NYSE:X) – Nippon Steel stated that if it acquires US Steel, most of the American company’s directors and top management will be U.S. citizens. This comes in response to concerns raised by politicians like Kamala Harris about U.S. control over US Steel. Nippon Steel also announced plans to invest $1.3 billion and has hired Mike Pompeo as an advisor. US Steel shares fell 0.1% in pre-market trading after a 6.1% drop on Tuesday.

Halliburton (NYSE:HAL) – Halliburton downplayed the financial impact of a recent cyberattack, claiming it will not materially affect its finances or operations. The company activated its security response plan, shut down some systems, and notified authorities but continues to provide services normally. Halliburton shares dropped 1% in pre-market trading after a 4.0% decline on Tuesday.

Berkshire Hathaway (NYSE:BRK.B), Bank of America (NYSE:BAC) – Berkshire Hathaway sold more Bank of America shares, totaling over $6 billion, following a significant increase in the bank’s stock value. The sale, which occurred between August 28 and 30, is seen as a profit-taking strategy. Berkshire’s stake in Bank of America is now below 10%. Berkshire shares were down 0.3% in pre-market trading after a 0.2% increase on Tuesday. Bank of America shares dropped 0.5% in pre-market trading.

Goldman Sachs (NYSE:GS) – Goldman Sachs temporarily suspended its zinc market coverage due to “limited capacity” after its metals strategist Nicholas Snowdon left for Mercuria. Snowdon’s departure follows that of Jeff Currie, who joined Carlyle, and Xiao Qin, who will retire. Additionally, Goldman Sachs economists evaluated that a Donald Trump victory could slow U.S. GDP growth due to higher tariffs and immigration restrictions, while a Kamala Harris win could slightly boost GDP through new spending and tax credits, despite a negative impact from increased corporate taxes.

JPMorgan Chase & Co (NYSE:JPM) – JPMorgan is forming a private banking team in Dubai to attract millionaires moving to the region. The bank has relocated two bankers from Geneva and London to begin the team, which will serve high-net-worth individuals, family offices, and foundations. The Middle East is becoming a hotspot for millionaires due to its tax-free environment and luxurious lifestyle. JPMorgan shares dropped 0.4% in pre-market trading after a 2% decline on Tuesday.

Charles Schwab (NYSE:SCHW) – Three investors have sued Charles Schwab for alleged fiduciary duty violations, accusing the company of designing its cash sweep program to benefit Schwab at clients’ expense. The lawsuit seeks class-action status and monetary compensation, alleging Schwab did not disclose financial agreements related to TD Bank. Schwab denies the accusations and defends its cash sweep program as safe and transparent. Schwab shares dropped 0.2% in pre-market trading after a 0.5% decline on Tuesday.

Raymond James Financial (NYSE:RJF) – Raymond James agreed to pay over $1.9 million to settle charges of failing to maintain records of client complaints and mutual fund transactions. Finra alleged that the company did not comply with Rule 4530, which requires the reporting of complaints within 30 days.

Robinhood Markets (NASDAQ:HOOD) – Robinhood launched a stock lending program in the U.K., allowing investors to earn passive income by “renting” their shares to other parties. Investors receive a monthly fee and retain ownership of the shares. This move is part of Robinhood’s effort to expand its international presence. Robinhood shares dropped 1.6% in pre-market trading after a 3.7% decline on Tuesday.

KKR & Co. (NYSE:KKR) – KKR has expedited its public offer to acquire Fuji Soft to September 5, aiming to get ahead of a rival bid from Bain Capital. KKR is looking to finalize the purchase before Bain submits a binding proposal in October, driving up Fuji Soft’s stock value.

Moody’s (NYSE:MCO), S&P Global (NYSE:SPGI) – Moody’s, S&P, and Fitch will pay $48 million in fines for failing to maintain electronic communications, related to the WhatsApp investigations. The SEC reported that Moody’s and S&P will each pay $20 million, while Fitch will pay $8 million. The companies have agreed to hire compliance consultants to correct their practices.

Boeing (NYSE:BA) – Boeing may delay its $10 billion free cash flow target to 2027-28 and will need to raise $30 billion before developing new aircraft, according to Wells Fargo. The company’s current debt stands at $45 billion. Wells Fargo downgraded Boeing to “underweight” and lowered its price target to $119, a 32% drop from the last closing price. Boeing shares fell 0.5% in pre-market trading after a 7.3% decline on Tuesday.

Southwest Airlines Co. (NYSE:LUV) – Southwest Airlines shares closed up 2.3% on Tuesday after activist investor Elliott Investment Management revealed a 10% stake in the company. Elliott seeks to call a special meeting to discuss replacing the CEO and board members. Southwest will meet with Elliott to present details of its transformation plan on September 26. Southwest shares dropped 0.9% in pre-market trading.

Stellantis (NYSE:STLA) – Stellantis named Bob Broderdorf as the new head of Jeep North America. Previously the VP of operations for Ram and Dodge, Broderdorf will oversee Jeep’s strategy, sales, and marketing in North America. He replaces Bill Peffer, who will manage the dealer network in the region. Stellantis shares were up 0.8% in pre-market trading after a 5.2% drop on Tuesday.

Tesla (NASDAQ:TSLA) – Tesla plans to launch a six-seat version of the Model Y in China starting in 2025, initially boosting its stock on Tuesday before it closed down 1.6%. Weak manufacturing data hit the broader market, and Tesla shares were further affected by a general sales slowdown and concerns over growth. Tesla stock was down 1.1% in pre-market trading.

iRhythm (NASDAQ:IRTC) – Expected benefits from smartwatches and monitoring sensors, like iRhythm’s Zio, were not proven in a recent study. Although more atrial fibrillation cases were detected, the study did not show a reduction in stroke-related hospitalizations. The low event rate and small number of participants limited conclusions.

BioAge Labs – BioAge Labs, focused on obesity therapy and partnerships with Eli Lilly and Novo Nordisk, filed for an IPO in the U.S. to capitalize on the sector’s enthusiasm. The startup, with no revenue and a $26.6 million loss for the half-year, recently raised $170 million and will list its stock on Nasdaq under the symbol “BIOA.”

Illumina (NASDAQ:ILMN), Grail (NASDAQ:GRAL) – Illumina won its legal dispute against the European Commission, which had tried to block its $7.1 billion acquisition of Grail. The EU Court of Justice ruled that the Commission lacked authority to review the merger under Article 22. Illumina will not have to pay the $478 million fine.

Constellation Brands (NYSE:STZ) – Constellation Brands will reduce the value of its wine and spirits division, booking a charge of up to $2.5 billion due to weak U.S. demand. The company also adjusted its net sales growth forecast to 4%-6%, down from 6%-7%, and revised its earnings per share estimates for fiscal 2025.

Molson Coors Beverage (NYSE:TAP) – Molson Coors is scaling back its corporate diversity efforts following criticism from conservative activists. The company will remove the link between executive compensation and diversity goals, discontinue supplier diversity goals, and drop its Human Rights Campaign ratings. The move follows an online attack by conservative activist Robby Starbuck.

Earnings
Zscaler (NASDAQ:ZS) – The cloud security company reported earnings per share of 88 cents, up 37% year-over-year, and revenue of $592.9 million, beating estimates of $567.5 million. Fourth-quarter billings grew 27% to $910.8 million. However, the fiscal 2025 forecast disappointed: EPS of $2.84 (below the $3.33 expected) and revenue of $2.61 billion (slightly below the $2.62 billion forecast). For the current quarter, revenue is projected at $605 million, just above the $603 million expected. Zscaler shares dropped 15.3% in pre-market trading after a 3.4% decline on Tuesday.

GitLab (NASDAQ:GTLB) – GitLab reported second-quarter earnings per share of $0.15, beating the $0.10 estimate. Revenue reached $182.6 million, above the $177.1 million expected. For fiscal 2025, the company projects revenue between $742 million and $744 million, and adjusted EPS of $0.45 to $0.47, exceeding forecasts of $737.8 million and $0.36, respectively. GitLab shares were up 15.5% in pre-market trading after a 5.7% drop on Tuesday.

Asana (NYSE:ASAN) – The project management software company reported an adjusted second-quarter loss of five cents per share, better than the eight cents expected, with revenue of $179.2 million, above the $177.67 million forecast. For the third quarter, revenue is projected between $180 million and $181 million, with a loss of seven cents per share, below estimates of $182.29 million in revenue and a three-cent loss. For the fiscal year, a loss of 19 to 20 cents per share is expected on revenue of $719 million to $721 million, slightly below analyst forecasts. Asana shares fell 15.1% in pre-market trading after a 5.5% decline on Tuesday.

PagerDuty (NYSE:PD) – PagerDuty reported revenue of $115.9 million, beating the $112 million estimate, and a net loss of $13 million (14 cents per share), better than last year’s loss of $24 million (26 cents per share). For the year, PagerDuty raised its earnings per share forecast to $0.67 to $0.72 and annual revenue to $463 million to $467 million. PagerDuty shares dropped 13.2% in pre-market trading after a 7.5% decline on Tuesday.

OneStream (NASDAQ:OS) – OneStream’s second-quarter total revenue grew 36% year-over-year to $117.5 million. The company’s GAAP operating loss was reduced to $11.6 million, and its GAAP operating margin improved to -10%. For the third quarter of 2024, OneStream projects revenue between $123 million and $125 million, with non-GAAP earnings per share between -$0.01 and $0.01.

HealthEquity (NASDAQ:HQY) – HealthEquity reported earnings per share of $0.86 last quarter, beating the $0.70 estimate. Revenue reached $299.93 million, above the $284.24 million forecast. For the next quarter, earnings are projected at $0.73 per share, with revenue of $289.42 million and $3 in $1.17 billion in revenue for the current fiscal year.

Sportsman’s Warehouse (NASDAQ:SPWH) – The outdoor sporting goods retailer reported second-quarter net sales of $288.7 million, down from $309.5 million last year. The net loss was $5.9 million (16 cents per share), compared to $3.3 million (9 cents per share) a year ago. Same-store sales fell 9.8% year-over-year. The fiscal 2024 outlook is for sales of $1.13 billion to $1.17 billion and adjusted EBITDA of $20 million to $35 million.

Ascendis Pharma (NASDAQ:ASND) – The biotech company reported a 24% revenue decline in the second quarter, from EUR 36 million, below the expected EUR 83 million, with a net loss of $120.8 million (EUR 1.91 per share). For the quarter, Ascendis also secured a $150 million royalty financing deal with Royalty Pharma.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/94488974/nvidia-subpoenaed-by-doj-athira-pharma-shares-plu

Almost at my target lets go

Apple Dumplings for all longs !!

$$ AAPL $$

Apple $AAPL $9.3 Million Calls
By: Cheddar Flow | August 29, 2024

• Did Somebody Say... $10M+ of Bullish Tech Flow?

$MSFT $AAPL



Read Full Story »»»

DiscoverGold

$NVDA, $AAPL, & $GOOGL Millions worth of call sellers. It looks like they are closing existing positions
By: Cheddar Flow | August 27, 2024

• $NVDA, $AAPL, & $GOOGL Millions worth of call sellers

It looks like they are closing existing positions



Read Full Story »»»

DiscoverGold

$AAPL Large $2.6 Million Short-Dated Put...
By: Cheddar Flow | August 26, 2024

• $AAPL Large $2.6M Short-Dated Put

This was bought to open (Vol>OI) and executed at the ask



Read Full Story »»»

DiscoverGold

Funny how some months back, the biggest AAPL drawback was the falling P/E. Now that it is around 0.44 no one says anything !!!
I don't care what it goes to, currently my yield is 9.94%.

AAPL new 52=week high

Apple $AAPL with the most bearish flow today
By: Cheddar Flow | August 23, 2024

• $NVDA Another day on top (What's new?)



Read Full Story »»»

DiscoverGold

Apple (NASDAQ:AAPL) – Apple will begin manufacturing the iPhone Pro and Pro Max in India this year, a significant milestone for the company and the local industry. The local production aims to reduce costs and risks associated with manufacturing in China. Local assembly could reduce Pro models’ prices by up to 10% in India and boost sales in the region.

Berkshire Reduces Stake in BofA, Hawaiian Airlines Soars 10%, Paramount Receives $4.3B Offer, and More
August 20 2024 - 5:56AM
IH Market News

Berkshire Hathaway (NYSE:BRK.B), Bank of America (NYSE:BAC) – Berkshire Hathaway sold a total of 14 million shares of Bank of America in recent days, reducing its stake to 12%. The sale, which raised about $550 million, was made last Thursday, Friday, and Monday, at an average price of $39.50 per share. Berkshire now owns 928 million shares of the bank. Bank of America shares fell 0.1% in pre-market trading.

Paramount Global (NASDAQ:PARA) – Edgar Bronfman Jr. made a bid of approximately $4.3 billion to acquire National Amusements, which controls Paramount. His proposal includes $2.4 billion in debt and equity and $1.5 billion for Paramount. This offer competes with Paramount’s agreement with Skydance, valuing Paramount at $4.75 billion. Paramount has 45 days to explore other offers, extendable until September 5. Bronfman believes his offer is superior as it does not involve acquiring Skydance and directly improves Paramount’s financial situation. Shares fell 0.2% in pre-market trading.

Morgan Stanley (NYSE:MS) – Jonathan Bloomer, chairman of Morgan Stanley International, is missing after the luxury yacht “Bayesian” sank off the coast of Sicily due to a storm, with 10 crew members and 12 passengers on board. The storm left six people missing, including Bloomer, and resulted in the confirmed death of the cook, Ricardo Thomas. Also missing are Chris Morvillo, a lawyer at Clifford Chance, and businessman Mike Lynch with his daughter.

Southwest Airlines (NYSE:LUV) – Southwest Airlines is preparing to face Elliott Investment Management, which is seeking drastic changes in the company’s leadership. CEO Bob Jordan has been rallying support from investors and employees, arguing that Elliott’s approach is predatory. Elliott wants to replace the current leadership, citing Southwest’s unsatisfactory performance.

Alaska Air Group (NYSE:ALK), Hawaiian Airlines (NASDAQ:HA) – Alaska Airlines overcame a regulatory hurdle for the $1.9 billion merger with Hawaiian Airlines after the DOJ review period expired. The deal now awaits review by the U.S. Department of Transportation. The merger will expand destinations for Hawaiian residents and maintain the value of HawaiianMiles. Alaska Air Group shares rose 0.1% in pre-market trading, while Hawaiian Airlines shares jumped 9.6%.

Boeing (NYSE:BA) – The Saudi Arabian Public Investment Fund is in talks to purchase Boeing 777 and Airbus 350 jets to establish a new cargo airline. The operation will serve Saudia and the new startup Riyadh Air, according to Bloomberg News. Additionally, the U.S. Federal Aviation Administration (FAA) ordered inspections of 787 Dreamliners following a March incident where a LATAM Airlines plane plunged due to uncommanded seat movement, disconnecting the autopilot. The directive affects 158 aircraft in the U.S. and 737 globally, requiring inspections and fixes within 30 days. Meanwhile, Boeing is halting 777X flight tests after an inspection revealed flaws in a structure connecting the engine to the aircraft, as reported by The Air Current on Monday. Shares fell 0.9% in pre-market trading.

General Motors (NYSE:GM) – General Motors announced on Monday that it is laying off more than 1,000 employees from its software and services units globally. The layoffs, which include around 600 positions at the tech campus near Detroit, follow an operational review after the departure of software and services VP Mike Abbott. GM states these layoffs are not for cost-cutting but to streamline operations and focus on strategic investments. Shares fell 0.2% in pre-market trading.

Stellantis (NYSE:STLA) – The United Auto Workers (UAW) union warned that Stellantis workers might go on a nationwide strike due to the automaker’s failure to fulfill 2023 production promises. Stellantis committed to investing in new factories and creating jobs in the U.S., but delays in Illinois investments have sparked the dispute. Shares rose 1.5% in pre-market trading.

Tesla (NASDAQ:TSLA) – Donald Trump claimed that if elected, he could eliminate the $7,500 tax credit for electric vehicles and consider appointing Elon Musk to an advisory or cabinet role. While a fan of electric cars, Trump expressed concerns about the EV market due to costs and range issues. He also plans to discourage exports from Mexico and impose tariffs to incentivize U.S. automotive production. Shares rose 0.5% in pre-market trading.

Harley-Davidson (NYSE:HOG) – Harley-Davidson ended diversity, equity, and inclusion (DEI) initiatives following pressure from an anti-DEI activist. The Milwaukee-based company eliminated minority supplier targets, social training, and participation in LGBTQ rankings, joining other firms re-evaluating diversity policies due to criticism.

Nutrien (NYSE:NTR), CH Robinson (NASDAQ:CHRW) – A potential labor dispute at major Canadian railways is unlikely to significantly impact U.S. oil exports due to extra pipeline capacity like Trans Mountain. Companies, including Nutrien and CH Robinson, are preparing for disruptions, but the impact on oil exports should be minimal, as rail crude imports from Canada to the U.S. have declined in recent years.

US Steel (NYSE:X) – Donald Trump pledged to repeal a pollution rule for power plants imposed by the Biden administration and block Nippon Steel’s purchase of US Steel. He also vowed to restrict foreign access to U.S. markets and ensure a 100% American supply chain if elected. Shares dropped 6% in Monday’s regular trading session.

Apple (NASDAQ:AAPL) – Apple will begin manufacturing the iPhone Pro and Pro Max in India this year, a significant milestone for the company and the local industry. The local production aims to reduce costs and risks associated with manufacturing in China. Local assembly could reduce Pro models’ prices by up to 10% in India and boost sales in the region.

Advanced Micro Devices (NASDAQ:AMD) – AMD announced on Monday plans to acquire server maker ZT Systems for $4.9 billion to strengthen its chip and AI hardware portfolio, challenging Nvidia. AMD will pay 75% in cash and the rest in stock. The acquisition will enable AMD to deploy its AI GPUs faster, especially for major cloud computing firms like Microsoft and Meta. AMD plans to sell the server manufacturing business after closing the deal, expected in the first half of 2025. AMD intends to retain about 1,000 of ZT Systems’ 2,500 employees, resulting in approximately $150 million in annualized operating expenses. Shares rose 0.2% in pre-market trading, following a 4.5% gain on Monday.

Nvidia (NASDAQ:NVDA) – Nvidia shares have posted a weekly gain of over 15%, driven by the longest winning streak in five months. Expectations of positive earnings and increased AI demand are exciting investors, despite potential delays in the company’s new chip lineup. Shares fell 0.6% in pre-market trading, following a 4.4% rise on Monday.

HP Inc. (NYSE:HPQ) – HP Inc. shares closed down 3.65% on Monday after Morgan Stanley downgraded the stock from “Overweight” to “Equal-Weight,” citing that many positive factors have already been priced in, and high inflation and interest rates are impacting HP’s revenue, limiting immediate growth.

Uber Technologies (NYSE:UBER) – In Kenya, a price war between Uber, Bolt, and local startups is leading drivers to increase their own fares due to low commissions and high costs. Uber, with low fares, prohibits higher price agreements, but drivers are defying this by negotiating directly with customers, claiming current prices do not cover high costs. The dispute is causing frustration among passengers and drivers. Shares fell 0.2% in pre-market trading, following a 3% gain on Monday.

Sonder Holdings (NASDAQ:SOND), Marriott (NASDAQ:MAR) – Sonder Holdings shares soared 130.53% on Monday after the company announced capital agreements and a partnership with Marriott. With $43 million in preferred shares and $83 million in liquidity, Sonder will integrate its properties into Marriott’s system, enabling reservations through the Marriott Bonvoy loyalty program. Sonder shares fell 13.9% in pre-market trading.

Walt Disney (NYSE:DIS) – Walt Disney decided to take to court a wrongful death lawsuit filed by the widower of a woman who died after an allergic reaction at a Disney Springs restaurant. Initially, Disney claimed the case should be resolved through arbitration as the plaintiff had signed up for Disney+ and used the company’s services. However, Disney now opted to waive arbitration to settle the case in court, seeking a sensitive resolution for the affected family. Additionally, Disney appointed veteran producer Almin Karamehmedovic as president of ABC News. Karamehmedovic started at ABC News as a freelance video editor in 1998 and was the executive producer of shows like “World News Tonight with David Muir” and “Nightline.” Shares rose 0.1% in pre-market trading, following a 1.7% gain on Monday.

Live Nation Entertainment (NYSE:LYV) – Attorneys general from about 26 U.S. states are seeking treble damages against Live Nation Entertainment and its subsidiary Ticketmaster, accusing them of monopolizing the live concert market and illegally inflating ticket prices. Ten additional states joined the original lawsuit, bringing the total to 39 states and the District of Columbia.

Kroger (NYSE:KR), Albertsons (NYSE:ACI) – Kroger sued the U.S. Federal Trade Commission (FTC), seeking to block the $25 billion merger with Albertsons from being reviewed in the FTC’s internal court, which Kroger deems unconstitutional. The company wants the case decided in federal court, arguing that the FTC’s internal process is illegal and could delay the merger for years.

GoPro (NASDAQ:GPRO) – GoPro announced it will cut 15% of its workforce, about 139 employees, as part of a restructuring plan to reduce operating expenses. The company expects to incur charges between $5 million and $7 million, with layoffs occurring by the end of 2024. Shares closed up 5.7% on Monday.

Amer Sports (NYSE:AS) – Since its February debut, Amer Sports shares have fallen to be the worst among IPOs over $1 billion in the U.S. since 2022. With a slowdown in China impacting sales, Wall Street expects Tuesday’s financial results to show improvement, with analysts optimistic about demand for its Arc’teryx brand. Shares rose 3.6% in pre-market trading, following a 7.8% gain on Monday.

Pilgrim’s Pride (NASDAQ:PPC) – The U.S. poultry processor agreed to pay $100 million to settle allegations of conspiring with competitors to reduce payments to chicken producers. This settlement, the largest in a seven-year antitrust case, still requires court approval. Pilgrim’s Pride denies wrongdoing.

JPMorgan Chase (NYSE:JPM) – According to JPMorgan, European companies that relist in New York tend to have better valuations, partly due to the large number of passive investments in the U.S. Companies like CRH, Ferguson, and Linde have reduced their discounts relative to American competitors by an average of 15% after the move, benefiting from a deeper market and a broader investor base.

Goldman Sachs (NYSE:GS) – Goldman Sachs hired Matt Beitzel, former head of bank coverage at Citigroup, for its financial institutions group. Beitzel, who will start in November after a sabbatical, will lead deals involving banks and financial services firms in the Americas. He has over 20 years of experience in the field.

Icahn Enterprises LP (NASDAQ:IEP) – Carl Icahn and his firm, Icahn Enterprises, agreed to pay a $2 million fine to resolve allegations that they failed for years to disclose that most of the firm’s bonds were pledged as collateral for personal margin loans. The SEC investigation was triggered by accusations from Hindenburg Research, which Icahn denies.

Deutsche Bank (NYSE:DB) – Gavin Black, a former Deutsche Bank trader, settled a $30 million lawsuit against the bank, claiming his career was ruined after being falsely implicated in the manipulation of the London Interbank Offered Rate (Libor). Black, whose conviction was overturned in 2022, accused the bank of scapegoating him to reduce its legal liabilities. Shares fell 0.1% in pre-market trading.

American Express (NYSE:AXP) – American Express is trying to expand its presence in Africa, where cash still dominates payments. The company is persuading hotels, restaurants, and tourist destinations to accept its cards. Recently, Amex partnered with local banks and processors, aiming to have 75% of merchants accept its cards.

Electra Battery Materials (NASDAQ:ELBM) – Canada’s Electra Battery Materials received $20 million from the U.S. to build a cobalt refinery in Ontario, the only one in North America dedicated to electric vehicle batteries. With a total cost of $250 million, the project in Temiskaming Shores aims to strengthen the EV supply chain and reduce dependence on Chinese production. The company, with a market value of about $28 million, had paused the project due to rising costs and falling cobalt prices, predominantly processed in China. Electra has already received C$ 5 million ($3.7 million) from the Canadian government and is seeking more financial support. Shares fell 15.2% in pre-market trading, following a 48.8% gain on Monday.

BHP Group (NYSE:BHP) – The recent six-day strike at the Escondida copper mine in Chile resulted in a favorable agreement for workers, who received a bonus larger than initially offered by BHP. This outcome could influence future negotiations, especially at other Chilean mines where unions are also pushing for better wages due to high copper prices. Shares rose 0.2% in pre-market trading.

Andersons (NASDAQ:ANDE) – Andersons appointed Bill Krueger as CEO to lead the company through a period of weak agricultural markets. Krueger, former COO and CEO of Lansing Trade Group, will succeed Pat Bowe, who will become chairman. The move aims to expand the company’s grain and commodities business, which faced a 30% revenue decline in the second quarter.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/94412341/berkshire-reduces-stake-in-bofa-hawaiian-airlines

Have a APPLICIOUS weekend, fellow admirers of the delicious 🍎 fruit.

$$ AAPL $$

Apple Card again named best in customer satisfaction by J.D. Power
Thursday, August 15, 2024 1:01 pm
6 Comments

Apple Card has again been named the Best Co-Branded Credit Card for Customer Satisfaction with No Annual Fee in the J.D. Power 2024 U.S. Credit Card Satisfaction Study, marking the fourth consecutive year Apple Card and issuer Goldman Sachs have been awarded a No. 1 ranking in their segment in the U.S. Credit Card Satisfaction Study. The J.D. Power U.S. Credit Card Satisfaction Study measures overall customer satisfaction based on performance across various categories, including Account Management, Customer Service, and New Account Experience.

Introduced in 2019, Apple Card was built with users’ financial health in mind. Apple Card has absolutely no fees and is designed to offer users an easy and secure way to track purchases and manage spending from Wallet while receiving up to three percent Daily Cash on every purchase. With Apple Card Family, users can also share an Apple Card account with anyone added to their Family Sharing group. Users can also open a Savings account through Apple Card and choose to have their Daily Cash automatically deposited there, allowing users to get even more value from their Daily Cash. Savings comes with no fees, no minimum deposits, and no minimum balance requirements, and also allows users to transfer additional funds from a linked bank account to further grow their savings.

MacDailyNews Take: More information and terms about Apple Card are available at apple.com/apple-card.

Related

Apple Card tops J.D. Power customer satisfaction study
Thursday, August 17, 2023
In "News"

Apple Card shines bright in J.D. Power U.S. Credit Card Satisfaction Study
Thursday, August 19, 2021
In "News"

Apple Card ranks No.1 in J.D. Power credit card satisfaction for second consecutive year
Thursday, August 18, 2022
In "News"

https://macdailynews.com/2024/08/15/apple-card-again-named-best-in-customer-satisfaction-by-j-d-power/#google_vignette

Apple’s $0.25 per share dividend is payable on August 15th
Thursday, August 15, 2024 9:10 am
1 Comment

Apple distributes its quarterly dividend of $0.25 per share to its common stock (AAPL) shareholders on August 15th.

While the company didn’t re-initiate dividend payments until relatively recently — August 16, 2012 — compared to some of its peers, it has rapidly established itself as a dividend-growth stock.

The dividend, while modest in comparison to Apple’s overall market capitalization (currently $3.371 trillion), represents a significant cash injection for individual investors and institutional shareholders alike. With a consistent history of dividend increases, Apple has established itself as a reliable income-generating stock.

For many investors, dividends are a crucial component of their investment strategy. They provide a steady stream of income, regardless of stock price fluctuations. Apple’s consistent dividend payments have increased its appeal as a core holding in diversified portfolios.

It’s important to note that while the dividend payment itself occurs on August 15th, investors must own Apple shares before the ex-dividend date: shareholders of record as of the close of business on August 12, 2024.

Apple’s dividend policy is just one facet of its broader financial strategy. The company has also been actively repurchasing its own shares, a move that can boost earnings per share and potentially increase the stock price. This combination of dividends and share repurchases has solidified Apple’s position as a cash-rich company that is effectively managing its capital allocation.

While the $0.25 per share dividend may seem small in the grand scheme of Apple’s financial performance, it represents a tangible benefit to shareholders and reinforces the company’s reputation as a stable, consistent, and profitable investment.

MacDailyNews Take: Happy Dividend Day, Apple shareholders!

Related

Apple gears up to distribute $3.2 billion to shareholders
Wednesday, August 10, 2016
In "News"

Get ready for an Apple dividend increase
Wednesday, March 12, 2014
In "Opinion"

Is Apple a good investment for dividend growth investors?
Wednesday, June 8, 2016
In "Opinion"

https://macdailynews.com/2024/08/15/apples-0-25-per-share-dividend-is-payable-on-august-15th/