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As the week draws to a close, let’s take a look at some of the top stories that made headlines in the world of Apple Inc. (NASDAQ:AAPL). Congressman Who Bought Over $1 Million In Apple Stock Isn’t Selling With Tim
Foxconn expects stronger third-quarter results as rising demand and seasonal electronics sales boost its business.
Wyden and Harrigan are questioning whether the U.S. military has done enough to protect troops from commercial location tracking.
A congressman is buying up more Apple stock, even with a major CEO transition happening this month.
Sirius XM Holdings surged 7.5% after Deutsche Bank upgraded the stock from 'Hold' to 'Buy' with a $45 price target, citing underappreciated digital advertising opportunities. The upgrade highlights the company's upcoming YouTube partnership for audio advertising and accelerating ad revenue growth (5.1% last quarter), which analysts believe consensus estimates are disregarding. Despite declining subscribers post-COVID, Sirius trades at a low 7.3x free cash flow valuation.
Nvidia surges 4.7%, while Credo, MongoDB and Palo Alto all cratered Wednesday despite quarterly beats, as costs surged.