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AAPL Mar 2024 150.000 call

OPR - OPR Delayed Price. Currency in USD
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25.520.00 (0.00%)
As of 03:53PM EST. Market open.
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Previous Close25.52
Open26.66
Bid0.00
Ask0.00
Strike150.00
Expire Date2024-03-15
Day's Range24.54 - 26.66
Contract RangeN/A
Volume162
Open InterestN/A
  • Yahoo Finance Video

    Gen AI and the Mag 7: The battle for AI dominance heats up

    Nvidia (NVDA) has reached an all-time high in trading and shows few signs of slowing down. But are there opportunities in the sector for other companies to make an intervention? Constellation Research founder and analyst R "Ray" Wang and TD Cowen managing director and senior equity research analyst John Blackledge join the Live show to discuss the future of the Magnificent Seven tech stocks and what investors need to keep in mind with so many possibilities in the sector. While Apple (AAPL) has made forays into generative AI, investors say they want more. Wang, however, sees existing potential, such as the expansion of Apple Ferret, an open-source machine learning model, and Apple chips with built-in AI. He signals that the recent regulations levied against Apple rom the Europe Union might affect AI stocks moving forward: "The challenge with AI and regulatory bodies is this is the opportunity for an aspiring politician to save the world and help us with privacy and stop big tech. And without understanding the cost/benefit analysis of what they're going up against. So you are going to see a lot more regulatory pressure and headwinds that are going to affect a lot of these tech companies, especially as government wants to get involved in the regulatory aspect of AI because tech is one of the few industries that is so lightly regulated compared to everything else." Blackledge elaborates on the nature of competition between tech companies in their pursuit of generative AI: "Microsoft (MSFT) and OpenAI clearly won the headline battle last year for sure. Alphabet (GOOG,GOOGL), as far as I was tracking, right, probably in February, March, start to go faster with it. They had some good announcements in IO last year, last May. Obviously we're talking about the Gemini launch and it is going to be a little bit uneven but I do believe it's there for them to do well and to benefit like I was saying earlier with their cloud business, for enterprises and small business, and then with their Gemini suite of products for consumers. I agree, we've heard from all of our companies have reported. They're all using generative AI across their companies for internal functions and what not. We think Alphabet will be there for it. The pressure is definitely on." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Reuters

    UPDATE 2-Apple's iPhone sales in China plunge 24% as Huawei's popularity surges

    Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Counterpoint's report said Apple's share of the Chinese smartphone market dropped to 15.7%, putting it in fourth place, compared with second place in the year-ago period when it had 19% market share.

  • Reuters

    Apple's iPhone sales in China plunge 24% as Huawei's popularity surges

    BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Counterpoint's report said Apple's share of the Chinese smartphone market dropped to 15.7%, putting it in fourth place, compared with second place in the year-ago period when it had 19% market share.