Consumer, Tech Stocks Boost Nasdaq; 3 Reasons Why Apple Could Rise Another 25% [Investor's Business Daily]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Investors Business Daily
Related news Netflix slumped after issuing smaller-than-expected net additions of subscribers, but its 5% decline got offset in the stock market today by strength in semiconductor equipment, fiber-optic telecom and consumer-oriented shares. The Nasdaq composite scored a gain of nearly 0.6%, despite the sell-off in Netflix ( NFLX ), which dove 14% at the open, even after beating Q2 earnings views. The Nasdaq 100 rallied 0.5%, higher than gains of 0.4% for the S&P 500 and 0.2% for the Dow Jones industrial average. Meanwhile, Dow Jones industrial average component Apple ( AAPL ) trailed six of its fellow Dow industrial components that rose 1 point or more, including Johnson & Johnson ( JNJ ), Home Depot ( HD ) and 3M ( MMM ). But Apple, up less than 0.2% to 191.24 in slim trading, still shows good prospects of rising 25% or more after it broke out of a shallow double-bottom base that features a 179.04 correct buy point . Stocks turned higher amid fresh congressional testimony from Federa
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AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- AAPL's page on the SEC website