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Fly News Breaks for December 9, 2019
AAPL
Dec 9, 2019 | 06:13 EDT
China Renaissance analyst Jason Sun initiated coverage of Apple with a Buy rating and $342 price target. The analyst is "doubtful" about the upside potential of the iPhone but he still expects the segment to continue to be a "cash cow" given Apple's leading position in the high-end market. In addition, he expects the iPad and Mac segments revenue generation to be stable. Further, wearables and services products provide Apple with a "new revenue injection," Sun tells investors in a research note.
News For AAPL From the Last 2 Days
AAPL
Apr 24, 2024 | 06:15 EDT
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link
AAPL
Apr 22, 2024 | 15:52 EDT
Welcome to "Fly Insider," The Fly's weekly recap of notable insider stock transactionsNOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week from April 15 through April 19 include:Chairman of Ashford (AINC) Montgomery Bennett purchased 200,000 shares of company stock at $4. 91 per share... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 22, 2024 | 12:16 EDT
Apple quietly acquired Paris-based AI startup Datakalab on December 17, Challenges' David Pargamin reports. The terms of the transaction could not be learned, but European Commission has been notified of the deal, the author notes. Reference Link
AAPL
Apr 22, 2024 | 08:56 EDT
Friday's total option volume of 56.7 million contracts resulted in net open interest growth of 6.01 million calls and 5.28 million puts. NVIDIA (NVDA), Tesla (TSLA), Apple (AAPL) and Advanced Micro Devices (AMD) saw the greatest growth. Top five new positions opened include 50k Lyft (LYFT) May-24 20 calls, 44k Energy Transfer (ET) 4/26 weekly 16.5 calls, 43k Las Vegas Sands (LVS) Sep-24 41 calls, 23k Tesla (TSLA) 4/26 weekly 162.5 calls and 21k Papa John's (PZZA) Jun-24 57.5 puts.