Apple Stock Drops. iPhone Demand Could Take It to a Record High.
Apple stock was falling in trading Tuesday, but improving demand for its latest iPhone 16 may get it back to new highs.Shares of the iPhone maker were down 1.1% to $233.84 in mid morning. The stock closed up 0.
Stock market today: Dow drops 300 points, Nvidia, Apple close at fresh records
The S&P 500 (^GSPC) dropped almost 0.2%, coming off a fresh all-time closing high and a sixth weekly win in a row. The Dow Jones Industrial Average (^DJI) dropped more than 300 points, closing about 0.
Apple Stock Rises To All-Time High—And Record $3.6 Trillion Market Cap
Shares of Apple rose as much as 2.7%, setting a new intraday record of $237.49. It’s the first time in exactly three months Apple stock hit an all-time high. Though the stock pared gains slightly to 1.7% by 11 a.m. EDT, trading at $235.33 per share, it’s still on track to break the July 16 record close of $234.82.
Tim Cook is having a great week as Apple stock hovers within reach of record high
IDC recently estimated that iPhone shipments rose 3.5% in the third quarter, and analysts are optimistic about holiday sales and Apple Intelligence.
Analysts update Apple stock forecast after iPhone shipments show a trend
The iPhone wasn’t just three devices in one—it was a revolution still unfolding. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 Apple announced a preview of Apple Intelligence this summer.
Should You Buy Apple ETFs as the Stock Hovers Around a Record High?
Apple shares have, however, gained momentum in recent weeks. The AAPL stock is expected to report quarterly results on Oct. 31 after market close. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Jim Cramer Says Apple (AAPL) Stock Will ‘Blow Through a Lot of Levels’
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$5 Trillion Valuation Within Reach For Apple Stock?
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Warren Buffett's Berkshire Hathaway may have left $23 billion on the table by trimming Apple stock earlier this year
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Prediction: 1 Unstoppable Stock Will Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta in the $1 Trillion Club In 2025
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Taking Stock Of Apple As Earnings Near
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Nvidia market cap closing in on $3.5 trillion: Will it surpass Apple soon?
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Meet the Unstoppable Growth Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2030.
Consistent growth and economic tailwinds should help this tech titan join rarified company. There's been a noteworthy shift ...
Nvidia’s stock hits new high as it reaches this milestone level
Nvidia Corp.’s stock was a standout gainer in the chip sector on Monday as it powered to levels that cemented a new milestone ...