Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL


Delayed Quote. Delayed Nasdaq - 09/25 04:15:00 pm
112.28 USD   +3.75%
05:31pFacebook Strikes Deal to Skirt Apple's App Store Commission -- 2nd Update
05:26pTech Up On IPO Enthusiasm -- Tech Roundup
05:16pNEWS HIGHLIGHTS : Top Company News of the Day
SummaryAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Wall St. ends higher as investors eye stimulus

share with twitter share with LinkedIn share with facebook
08/04/2020 | 05:05pm EDT
The spread of the coronavirus disease (COVID-19) in New York

Wall Street ended higher after a choppy session on Tuesday, lifted by Apple and energy stocks but limited by declines in AIG and Microsoft while investors awaited more U.S. government stimulus to fight economic fallout from the COVID-19 pandemic.

Apple climbed 0.7%, up for a fifth straight session as investors cheered the iPhone maker's blowout quarterly report last week. The Silicon Valley heavyweight is around $120 billion away from becoming the first U.S. publicly listed company with a stock market value of $2 trillion.

The S&P 500 energy index jumped 2.45% and was the strongest performer among 11 sectors, while healthcare declined.

Ralph Lauren Corp dropped 4.4% to its lowest since May after quarterly revenue plunged due to coronavirus-related store closures and a slowdown in global demand for luxury goods.

American International Group Inc tumbled 7.5% after its quarterly adjusted profit slumped.

Notwithstanding those two reports, about 83% of the 352 companies in the S&P 500 that have reported quarterly results so far have beaten estimates for earnings, according to IBES Refinitiv data.

"Investors are still comfortable that the trajectory of earnings is on the right path and the 2021 outlook has remained intact. All that helps support the market at these levels," said Lindsey Bell, chief investment strategist at Ally Invest.

"But there is an underlying level of uncertainty leading to a bit of caution," Bell added.

Investors are awaiting a major new coronavirus-aid bill, with Senate Democratic Leader Chuck Schumer saying talks with the White House were moving in the "right direction."

A rally in tech-related stocks and trillions of dollars in monetary and fiscal stimulus have lifted the S&P 500 to within about 3% of February's record high.

"I do not expect U.S. equities to revisit the March lows," Mohamed A. El-Erian, chief economic adviser at Allianz SE, told the Reuters Global Markets Forum chat room.

"I suspect the next big correction will likely be one triggered by corporate defaults and other capital impairment events that central banks cannot shield against," he said.

Microsoft Corp, which is looking to buy short-video app TikTok's U.S. operations, fell 1.5%.

White House officials could not say how the U.S. government would receive a portion of the proceeds from any sale of TikTok's U.S. operations, one day after President Donald Trump called for a cut of the money.

The Dow Jones Industrial Average rose 0.62% to end at 26,828.47 points, while the S&P 500 gained 0.36% to 3,306.51.

The Nasdaq Composite climbed 0.35% to 10,941.17.

Evergy Inc slumped nearly 12% after two sources said the board of the Midwest utility planed to remain independent as bids solicited from prospective merger partners did not offer sufficient value.

Take-Two Interactive Software Inc rose nearly 6% after it raised its annual adjusted sales forecast on demand for its videogame franchises "Grand Theft Auto" and "NBA 2K".

Walt Disney Co rose 4% in extended trade after the company reported a rare quarterly loss, even as the coronavirus crisis helped its streaming services gain subscribers.

Advancing issues outnumbered declining ones on the NYSE by a 1.98-to-1 ratio; on Nasdaq, a 1.55-to-1 ratio favored advancers.

The S&P 500 posted 26 new 52-week highs and no new lows; the Nasdaq Composite recorded 129 new highs and 10 new lows.

About 9.7 billion shares changed hands in U.S. exchanges, compared with a 10.4 billion daily average over the last 20 sessions.

(Reporting by Sagarika Jaisinghani and Medha Singh in Bengaluru; editing by Uttaresh.V and Tom Brown)

By Noel Randewich and Gertrude Chavez-Dreyfuss

Stocks mentioned in the article
ChangeLast1st jan.
ALLIANZ SE -1.46% 161.98 Delayed Quote.-24.73%
APPLE INC. 3.75% 112.28 Delayed Quote.47.41%
DJ INDUSTRIAL 1.34% 27173.96 Delayed Quote.-6.04%
EVERGY, INC. 2.26% 50.29 Delayed Quote.-24.44%
MICROSOFT CORPORATION 2.28% 207.82 Delayed Quote.27.20%
NASDAQ 100 2.34% 11151.132967 Delayed Quote.24.05%
NASDAQ COMP. 2.26% 10913.561787 Delayed Quote.18.94%
RALPH LAUREN CORPORATION -0.82% 71.07 Delayed Quote.-38.87%
S&P 500 1.60% 3298.46 Delayed Quote.0.19%
TAKE-TWO INTERACTIVE SOFTWARE, INC. 1.52% 165.78 Delayed Quote.33.37%
WALT DISNEY COMPANY (THE) 1.23% 124 Delayed Quote.-15.31%
share with twitter share with LinkedIn share with facebook
All news about APPLE INC.
05:31pFacebook Strikes Deal to Skirt Apple's App Store Commission -- 2nd Update
05:26pTech Up On IPO Enthusiasm -- Tech Roundup
05:16pNEWS HIGHLIGHTS : Top Company News of the Day
05:00pWALL STREET STOCK EXCHANGE : U.S. Stocks Rise but S&P 500 Notches Fourth Week of..
04:45pWALL STREET STOCK EXCHANGE : Wall Street ends higher as tech rally squashes viru..
04:13pAPPLE : Stocks post solid gains as technology shares lead rally
03:16pNEWS HIGHLIGHTS : Top Company News of the Day
02:18pFACEBOOK : Strikes Deal to Skirt Apple's App Store Commission -- Update
01:16pNEWS HIGHLIGHTS : Top Company News of the Day
12:30pFACEBOOK : Strikes Deal to Skirt Apple's App Store Commission -- Update
More news
Financials (USD)
Sales 2020 273 B - -
Net income 2020 56 922 M - -
Net cash 2020 73 828 M - -
P/E ratio 2020 34,7x
Yield 2020 0,71%
Capitalization 1 920 B 1 920 B -
EV / Sales 2020 6,77x
EV / Sales 2021 6,01x
Nbr of Employees 137 000
Free-Float 99,9%
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 119,98 $
Last Close Price 112,29 $
Spread / Highest target 33,6%
Spread / Average Target 6,85%
Spread / Lowest Target -36,8%
EPS Revisions
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.47.41%1 850 836
MEITU, INC.-13.41%807
DIGIA OYJ42.86%177
DORO AB (PUBL)-13.47%114