AAPL Sep 2024 235.000 call
| Previous Close | 0.2700 |
| Open | 0.5400 |
| Bid | 0.3000 |
| Ask | 0.3600 |
| Strike | 235.00 |
| Expire Date | 2024-09-20 |
| Day's Range | 0.3100 - 0.5400 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2.34k |
Yahoo FinanceWarren Buffett pays tribute to Charlie Munger on a 'tough day' for shareholders
This year’s Berkshire Hathaway annual shareholder meeting marked a new era for the Oracle of Omaha, Warren Buffett. It’s the investing legend’s first without his right-hand man, Charlie Munger.
- Yahoo Finance Video
Apple bulls raise price targets after buyback announcement
Wall Street analysts are raising their price targets on Apple (APPL) shares after the tech giant exceeded earnings expectations and announced the authorization of a $110 billion share buyback program. Analysts, however, are mixed over Apple's generative artificial intelligence initiatives, as the company has not clearly communicated the specifics of its AI strategy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
This Apple short seller is concerned about these risks
Apple (AAPL) recently reported its second-quarter earnings, surpassing analyst estimates on both revenue and profitability metrics. However, not all investors are bullish on the stock, even after the tech giant announced a staggering $110 billion share buyback program. Joining Catalysts is Bireme Capital Co-founder and Chief Investment Officer Evan Tindell, who has taken a short position on Apple's stock. Tindell believes that risks ranging from fluctuating demand in China to potential antitrust concerns "are reflected in that premium valuation" for Apple. As the company explores integrating artificial intelligence (AI) into its smartphones, he notes, "It will be interesting to see" if this endeavor can truly materialize into a substantial earnings driver or upstart a replacement cycle for their devices. Despite the company's announcement of a $110 billion share buyback program, Tindell remains skeptical, asserting that this move does not accurately reflect the company's valuation multiples. "I think if you hold Apple long-term, you're likely to make a positive return," Tindell tells Yahoo Finance. "I just think the risks are to the downside in the next year or two." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
