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The Latest Breaking News from Samik Chatterjee

Apple Stock Breaks Out After Investors Reconsider AI News

Apple's WWDC news was good enough to keep the tech giant in the conversation about generative AI, analysts said.

Investors Business Daily

Analysts compute new HP stock price target after earnings

This is what could happen next to HP Inc. shares.

The Street

2 Underperforming AI Stocks to Buy Now as Nvidia’s Rally Stalls

While Nvidia stock has entered into the correction zone and its rally looks stalled for now, Tesla and Apple appear to be two underappreciated and underperforming AI stocks that look like good buys at current levels.

Barchart

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read the most diverse news in one place.

Apple's AI iPhone Could See 5G-Like Upgrade Cycle

Apple stock could be due for a rerating when the company comes out with its rumored AI-enabled iPhone this fall, a Wall Street analyst says.

Investors Business Daily

3 Reasons to Buy Super Micro Computer Stock Right Now

SMCI stock has ramped way higher already this year, but analysts see plenty of reasons to keep buying the new S&P 500 member.

Barchart

Analysts Downplay DOJ Suit Impact On Apple: 'A Distraction'

The U.S. Department of Justice antitrust lawsuit against Apple faces a long slog through the court system.

Investors Business Daily

AI Stocks: JPMorgan Names Alternatives To Nvidia, AMD

Investment bank JPMorgan on Friday called out several alternative AI stocks beyond Dell, Super Micro and others.

Investors Business Daily

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Apple Forecasts Flat Sales In Holiday Quarter; Shares Fall

After posting its fourth straight quarter of declining sales, Apple forecast flat sales for the holiday quarter. The news drove Apple stock lower on Friday.

Investors Business Daily

Wall Street Cuts Estimates For Apple's December Quarter

Analysts see Apple meeting expectations for the September quarter but are pessimistic about the December quarter.

Investors Business Daily

Apple iPhone 15 Pro Lead Times Shorten As Supply Catches Up With Demand

Apple stock rose Monday amid reports that iPhone 15 sales remain strong and are largely on par with year-ago sales trends for the iPhone 14 series.

Investors Business Daily

Apple iPhone 15 Launch Called 'Mildly Disappointing,' Gets 'Meh' Stock Reaction

Apple's iPhone 15 debut might have been a yawner but it provided enough product updates to spark upgrades, analysts said.

Investors Business Daily

Jabil Reduces Exposure To Apple, China With Division Sale

Contract manufacturer Jabil will lower its exposure to major customer Apple and operations in China with the planned sale of its mobility unit.

Investors Business Daily

Is Cisco Systems (CSCO) a Quality Buy for August?

Shares of Cisco Systems (CSCO) have recently been upgraded by a J.P. Morgan analyst, along with an increase in price target. So, is this the right time to load up on CSCO shares? Let’s evaluate some of its key financial metrics to gauge its prospects.

StockNews.com

Ciena Stock Drops Amid Sales Slowdown In Key Market

Ciena stock fell Tuesday after the maker of optical communications gear signaled a slowdown in business from cloud data centers.

Investors Business Daily

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news in one place.

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The Street

Apple Stock Active As Wedbush Sees Demand Headwinds, Lowers Price Target

An "uncertain environment and demand headwinds are starting to creep in to the Cupertino growth story," said Wedbush analyst Dan Ives.

The Street

Apple Stock Extends Slide, Falls Below $2 Trillion Level, As Investors Count iPhone Delay Hit To Earnings

Apple shares are trading at an 18-month low Tuesday as investors worry that supply chain disruptions and softer consumer spending will clip December quarter earnings.

Investors Business Daily

Apple iPhone 14 Pro Supply Bounces Back After Shortages

Apple appears to have recovered from shortages that reduced the availability of iPhone 14 Pro models during the holiday shopping season.

Investors Business Daily

Amid Weak Digital Ad Outlook, Apple, Walmart, Internet TV Are Still Bright Spots

Amid a glum outlook for digital ad growth in 2023 as the U.S. economy slows, bright spots could be Apple, Walmart and internet TV.

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news in one place.

100’s of premium titles.
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The Street

Apple Christmas iPhone Sales Will Take Supply Chain Hit, Says JPMorgan; Cuts Price Target

“We continue to see the supply shortfall continuing through year-end and impacting the typical seasonal uptick in iPhone volumes," said JPMorgan analyst Samik Chatterjee.

Investors Business Daily

China Covid Outbreak To Limit Apple iPhone 14 Pro Availability

A Covid-19 outbreak in China will limit the availability of Apple's iPhone 14 Pro and Pro Max handsets this holiday season.

Benzinga

What To Expect From Apple's Upcoming Earnings Report

All eyes will be set on the earnings of tech heavyweights including Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) this week.

Investors Business Daily

Apple Services Growth Potential Underestimated, Analyst Says

Apple’s services business is likely to grow faster than expected as the company monetizes its massive user base, an analyst says.

Investors Business Daily

Apple Deal With Major League Soccer A Test Case For Streaming Sports

Apple's deal to carry Major League Soccer games on its Apple TV platform shows the company’s growing interest in live sports.

Benzinga

Here's Why JPMorgan Trimmed Apple's Earnings Outlook

JPMorgan analyst Samik Chatterjee sees consumer spending restricting the upside expectations from Apple Inc's (NASDAQ: AAPL) launch of the iPhone SE3 and will likely limit the magnitude of upside to iPhone 13 and App Store revenue in Services. Chatterjee trimmed earnings forecasts for Apple, led by a "modest haircut" to revenue growth estimates for iPhone and…

Benzinga

JPMorgan Remains Bullish On This Chipmaker Despite Slashing Price Target By 15% - Read Why

JPMorgan analyst Samik Chatterjee lowered the price target on Qualcomm Inc (NASDAQ:QCOM) to $205 from $240 (39.5% upside) and kept an Overweight rating on the shares. The analyst moderated earnings estimates for Qualcomm, primarily led by a change to his QTL revenue estimates and slight moderation in both QCT revenue and margins. These changes' net…

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People

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