Apple Short Interest Surges by Over 6 Million Shares
Apple saw an increase of almost 15% in the number of its shares short for the period that ended July 29, more than any other of the top 15 Nasdaq companies by…
Apple saw an increase of almost 15% in the number of its shares short for the period that ended July 29, more than any other of the top 15 Nasdaq companies by…
Short sellers didn’t make any big moves between the July 15 and July 29 settlement dates, at least when it comes to the most shorted stocks traded on the Nasdaq.
Berkshire Hathaway Inc. (NYSE: BRK-B) announced earnings. Operating earnings were $4.607 billion, in the second quarter up from $3.890 billion in the same period last year. The report showed an increase of…
At last report Apple had just two institutional shareholders with more than 5% of its outstanding shares, which would be a stake of more than $29 billion.
August 3, 2016: Markets opened slightly lower Wednesday after the ADP employment report came in better than expected. Asian markets closed their sessions mostly lower, and the dollar traded higher against the…
August 2, 2016: Markets opened nearly flat again Tuesday on stronger oil prices early in the day before reality set in. As it is, energy is the sole sector that trades higher…
If a successful new iPhone launch is measured by 70 million units sold in its first full quarter on the market, Apple has a steep mountain to climb.
In a ruling by a federal judge in East Texas, a $650 million judgment against Apple has been tossed and two new trials have been ordered.
Apple will own a small stake in Uber, thanks to a $1 billion investment in Beijing-based Didi Chuxing, which is set to merge with Uber China.
Apple desperately needs growth in what it calls Greater China to be the cornerstone of its revenue improvement worldwide. Management has made that clear.
July 28, 2016: Markets opened mixed Thursday and the whole day’s session is probably best described as choppy. Crude oil prices dropped sharply again Thursday, and a much lower than expected addition…
eBay does not routinely notify buyers that they may have purchased a fake, even when the online auction seller knows the item is counterfeit.
One of the primary reasons smartphone sales only rose 1% in the second quarter is so-called iPhone fatigue, according to research firm Strategic Analytics.
July 27, 2016: Markets opened higher again Wednesday ahead of the afternoon’s FOMC announcement on the Fed’s policy rate (unchanged). A slightly weaker dollar had little impact on oil prices, especially following…
We have seen most analysts either sticking with or increasing their positive outlook on Apple. Still, there is at least some caution out there.