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Stockreport

Apple: This Beaten-Down "Magnificent Seven" Stock Could Start Soaring Thanks to Artificial Intelligence (AI) [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
But Apple (NASDAQ: AAPL) , a powerhouse in the sector, has failed to sustain its impressive momentum from last year. A member of the group of mega-cap tech stocks known as the "Magnificent Seven," it's down over 10% so far this year. For comparison, Apple was in fine form last year, gaining about 48%. Its reversal of fortune can be attributed to its slowing sales growth and lack of notable artificial intelligence (AI) developments. Its Magnificent Seven peers such as Meta Platforms Nvidia , and Microsoft have been outperforming the broader tech sector this year, as their AI-focused efforts are delivering results The thing is, Apple's slide could offer a buying opportunity for savvy investors, as the company is in a position to capitalize on two key AI-related growth opportunities. AI could drive solid growth in two of Apple's major businesses In its fiscal 2024 first quarter, which ended Dec. 30, 2023, Apple's revenue increased only 2% year over year to $119.6 billion. It sold [Read more]
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Stockreport

Apple: This Beaten-Down "Magnificent Seven" Stock Could Start Soaring Thanks to Artificial Intelligence (AI) [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
But Apple (NASDAQ: AAPL) , a powerhouse in the sector, has failed to sustain its impressive momentum from last year. A member of the group of mega-cap tech stocks known as the "Magnificent Seven," it's down over 10% so far this year. For comparison, Apple was in fine form last year, gaining about 48%. Its reversal of fortune can be attributed to its slowing sales growth and lack of notable artificial intelligence (AI) developments. Its Magnificent Seven peers such as Meta Platforms Nvidia , and Microsoft have been outperforming the broader tech sector this year, as their AI-focused efforts are delivering results The thing is, Apple's slide could offer a buying opportunity for savvy investors, as the company is in a position to capitalize on two key AI-related growth opportunities. AI could drive solid growth in two of Apple's major businesses In its fiscal 2024 first quarter, which ended Dec. 30, 2023, Apple's revenue increased only 2% year over year to $119.6 billion. It sold [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS