Oppenheimer analyst Rick Schafer said he remains a buyer of Skyworks (SKWS) following the company's Q2 earnings. In a research note to investors, Schafer noted that while the June quarter outlook why shy of consensus expectations, it was likely better than feared given recent Apple (AAPL)-related foodchain cuts, adding that he believes weaker iPhone units were likely aggravated by a ramp down at Samsung (SSNLF) following an above-seasonal GS9 ramp in the first calendar quarter of the year. The analyst has an Outperform rating and $120 price target on shares.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. UPPING PARENTAL CONTROLS: The... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Maxim initiated coverage of Apple with a Hold rating and $178 price target.

Apple will consider making some of its products in Indonesia as the company plans to ramp up investment in Vietnam, Kimberley Kao and Ben Otto of The Wall Street Journal reports. "We talked about the president's desire to see manufacturing in the country, and it's something that we will look at," CEO Tim Cook said at a press conference, according to state news agency Antara. Cook did not offer a timeline for the investment or say what form it could take. Reference Link

The U.K. plans to hold talks this month with Apple (AAPL), Meta (META), Alphabet (GOOGL) and others to push a voluntary charter granting parents more control of social media use by young teens, Bloomberg's Ellen Milligan reports. According to people familiar with the matter, ministers want to launch a consultation later this month to gauge ways of limiting the potential harm to children caused by social media, and the proposed voluntary charter may involve tech firms agreeing to alert parents when their children are repeatedly looking up disturbing content. Reference Link

In a regulatory filing, Apple disclosed that its CFO Luca Maestri sold 53.2K shares of common stock on April 11th in a total transaction size of $9.26M.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Friday's total option volume of 58.8 million contracts resulted in net open interest growth of 5.70 million calls and 5.17 million puts. Apple (AAPL), Tesla (TSLA), NVIDIA (NVDA) and Advanced Micro Devices (AMD) saw the greatest growth. Top five new positions opened include 95k Meta Platforms (Facebook) (META) 6/18 weekly 1030 calls, 42k Tesla (TSLA) Apr-24 177.5 calls, 40k V F Corp (VFC) Mar-25 10 puts, 30k Alphabet Class A (GOOGL) Apr-24 165 calls and 30k Tesla (TSLA) 6/18 weekly 100 calls.

Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Snap... To see the rest of the story go to thefly.com. See Story Here

Notable profits for the buyer who lifted the $3.00 offer for 7,000 Apple (AAPL) 5/31 weekly 185 calls yesterday at 10:08ET when underlying shares were trading at $176.70. Shares closed at $176.55, and the calls at $3.39 for a mark-to-market profit of 13%, or $270K, on the $2100K outlay.