AAPL Jun 2024 300.000 put
| Previous close | 130.86 |
| Open | 130.86 |
| Bid | 125.25 |
| Ask | 126.00 |
| Strike | 300.00 |
| Expiry date | 2024-06-21 |
| Day's range | 130.86 - 130.86 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
- Yahoo Finance Video
Apple's China demand woes are 'overblown': Strategist
Earnings season continues for Big Tech names, with Amazon (AMZN) and Apple (AAPL) set to post their earnings this week. A critical component of the earnings picture is consumer demand, as Wall Street seeks to gauge consumer strength. Apple, in particular, has experienced a bumpy road in China, where it saw iPhone sales drop significantly within the first couple of months of the year. Kace Capital Advisors Managing Partner Kenny Polcari joins The Morning Brief to discuss the market's reaction to earnings season as Big Tech continues to report its earnings. Polcari explains his feelings with Apple in China: "The concerns over China are overblown. Apple earns $120 billion every three months. What are we talking about here? Look what Apple did in April, I think it was off the highs in March. It was down about 17% and now it's rallied back, SC Bernstein just upgraded it...The iPhone story might run into a little bit of a problem, because they're expensive now, not everyone's going to continue to buy $1500 iPhones." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance Video
China is directly shaping Apple and Tesla. Here's how.
Apple (AAPL) has faced several challenges recently, including a loss of market share to Huawei in China. According to data from Counterpoint Research, iPhone sales fell over 19% within the first 3 months of 2024. Tesla CEO Elon Musk (TSLA) recently wrapped up a trip to China, where he secured tentative approval from Chinese officials to roll out the company's self-driving software in the country — a boon for Tesla as it struggles with increased competition in the Chinese EV market. Yahoo Finance Anchor Akiko Fujita joins Catalysts to break down how China is directly impacting both of these tech giants, which have faced mounting challenges in the region. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Investor's Business DailyMagnificent Seven Stocks: Tesla Stock Slides; Amazon Earnings Next
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
