Stock

Apple’s Stock Goes Negative For The Year After Falling 4%

On Friday there was a burst of negative sentiment about Apple that left their stock down 4 percent after the market closed. In their earnings update this morning, Taiwan Semiconductor Manufacturing said that they are expecting weak demand from the mobile sector in the coming quarter. Following their quarterly earnings update, Morgan Stanley predicted that...

Analyst’s Apple Warning Crashes Dialog Semiconductor Stock

Following a research note by Karsten Iltgen, an analyst at Bankhaus Lampe, in which he warned that Apple may cut back on the use of Dialog Semiconductor Plc’s power-management chips, the company’s shares plunged as much as 36%, Bloomberg reports. “There is strong evidence that Apple is developing its own power-management integrated circuits and intends to replace the chip...

Snap Opens IPO with Larger Market Cap Than These 17 Companies

Snap Inc. officially started trading today with an opening price of $24 per share, which was higher than the initially reported $17 per share. Based on the opening price, the market capitalization (value of total outstanding shares) of Snap Inc. increased to $33 billion. Early investors in the company are better that Snap will be...

Apple CEO Tim Cook Sells $36 Million in Stock

On Friday, a Securities and Exchange Commission (SEC) filing revealed that Apple CEO Tim Cook received 1.26 million shares of Apple stock, valued around $135 million. The shares of Apple stock were restricted stock units (RSUs), which fully vested on Wednesday, that Cook gained over five years of success as Apple CEO. According to the documents...

Apple is Now Worth More Than The Entire Russian Stock Market

Yesterday, Apple (AAPL) shares closed at an all-time high putting the company’s market cap at around $662 billion. According to a report from Bloomberg, Apple is now worth more than the entire Russian stock market. Russia holds the 20th largest major market in the world and was surpassed by the iPhone manufacturer yesterday. “If you...

Apple’s Q2 2014 Earnings Call To Take Place On April 23

Today, Apple has updated its investor relations page to note that the company will announce its earnings for Q2 FY14 on Wednesday, April 23. The conference call, scheduled for 5:00pm EST / 2:00pm PST will follow the earnings release which is typically released after stock trading closes around 4:30pm EST. The earnings release will take...