Apple Named a Top 2024 Pick at BofA Ahead of Key Earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 55 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Apple Inc. Nieuws

Bloomberg,Apple Event

(Bloomberg) -- Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s upcoming results, as well as its longer-term...

-- Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s upcoming results, as well as its longer-term prospects.S&P 500 Tops 5,000 as Earnings Kick Into High Gear: Markets Wrap

The stock has been pressured by concerns over growth, especially for the iPhone in the key China market, as well as regulatory pressure and the lack of a strategy surrounding artificial intelligence. Bloomberg Intelligence is also cautious, writing that Apple, given weaker iPhone demand in China, “will likely give fiscal 3Q sales guidance for the device below consensus’ 2% drop.” Analyst Anurag Rana adds that “this could prolong the company’s slow growth and negative sentiment.”While Apple remains a dominant stock in benchmark equity indexes, accounting for 5.7% of the S&P 500, Wall Street is fairly skeptical.

If You’d Invested $5,000 in Brookfield Renewable Partners Stock in 2023, This Is How Much You Would Have TodayLAVAL, Que. — A Quebec-based union says it has filed an application to represent hundreds of Amazon.com Inc. workers at a warehouse in the province. The Confédération des syndicats nationaux says the application it made with the Administrative Labour Tribunal is to represent 200 employees at Amazon's DXT4 warehouse in Laval.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 47. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Apple Named a Top Pick for 2024 at BofA Ahead of Key EarningsApple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s upcoming results, as well as its longer-term prospects.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »