Apple’s (NASDAQ: AAPL) share price has slipped since the company released its Q3 2024 earnings, with concerns about its revenue forecast seeming to impact the stock.At the close of the market on October 31, AAPL was trading at $225.91, ending the day with losses of almost 2%. The decline continued in pre-market trading, dropping by about 1.6%.AAPL one-day stock price chart. Source: Google FinanceWhy Apple stock is down Although the tech giant reported strong performance for the quarter ending September 2024 ...

Mastercard Incorporated (NYSE: MA) surpassed Wall Street’s expectations for the third quarter, driven by robust consumer spending and strategic growth in value-added services.Despite ongoing economic uncertainties, Mastercard displayed strong performance, reporting an adjusted earnings per share (EPS) of $3.89, exceeding the consensus estimate of $3.74. This performance led to an initial 3% increase in Mastercard’s stock price, reaching an all-time high before retreating slightly amid regulatory scrutiny ov ...

Group 1: Portfolio Changes - Warren Buffett has significantly reduced his holdings in Apple and Bank of America while holding a record cash amount of at least $277 billion, raising concerns about a potential stock market correction [1] - Buffett has made a notable $6.7 billion investment in Chubb Limited, which was initially kept confidential [2] - He has increased his exposure to Sirius XM, starting with an $82 million investment on January 4 [2] Group 2: Sirius XM Investment Details - As of October 22, Buffett owned 32.5% of Sirius XM, valued at approximately $129 million, and has purchased an additional $60 million in shares [3][5] - Buffett's recent transactions included buying 2,227,939 shares of Sirius XM over three days, totaling $60,696,492, which increased his position by 50% [4][5] - The stock price of Sirius XM is currently at $27.19, with a 15.02% rally in the last 30 days, although it has a year-to-date loss of 50.47% [3] Group 3: Value Investing Strategy - Buffett's investment in Sirius XM aligns with his value investing philosophy, focusing on stocks with low relative valuations, as evidenced by Sirius XM's trailing P/E ratio of 8.07 and forward P/E of 8.17, both below market averages [8][9] - Sirius XM is considered to have a competitive advantage as the only licensed satellite radio operator in the U.S., which may appeal to long-term investors despite short-term challenges [10]

Although Nvidia’s (NASDAQ: NVDA) share price is showing weakness in tandem with the general technology sector, a trading expert has pointed out that the equity, based on its technical setup, is flashing promising growth potential.As of the last day of October, Nvidia closed at $132.76, plunging almost 5% in a single day. These losses came after NVDA recently hit an all-time high near the $145 mark. Notably, the chipmaker’s venture into artificial intelligence has led NVDA to record 175% growth in 2024. The ...

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) is the dominant player in the semiconductor industry, holding over 50% of the global market share, and is expanding production in Japan and the U.S. [1] Group 1: Company Performance - TSMC's stock has seen a significant increase of 90.18% year-to-date, reaching a price of $193.09 [1] - The company's Arizona plant is reportedly achieving higher yields than its facilities in Taiwan [1] - TSMC reported strong Q3 earnings and anticipates demand growth in 2025, largely driven by the AI boom [3] Group 2: Market Sentiment and Analyst Ratings - Analysts overwhelmingly rate TSMC stock as a 'strong buy,' with all five analysts providing ratings considering it a 'buy' [4] - The average price target for TSMC shares is $205, representing a 7.59% increase from the latest closing price [4][6] - Recent forecasts from analysts have been positive, with Barclays updating its price prediction from $200 to $215 [7]

The ongoing earnings season has been filled with surprises in both directions. Some notable examples are Advanced Micro Devices (NASDAQ: AMD), which severely disappointed investors, and Garmin (NYSE: GRMN), which proved a surprise blockbuster.Eli Lilly (NYSE: LLY), one of the U.S.’ foremost pharmaceutical giants, fell on the weaker side of the spectrum on October 30 when it revealed its earnings per share (EPS) came in at $1.18 – significantly below the $1.47 expected – and revenue was about $1 billion belo ...

Meta Platforms (NASDAQ: META), the parent company of Facebook and Instagram, is reaping the rewards of incorporating artificial intelligence into its products, as reflected in its Q3 results.The impact of AI guided a Citi (NYSE: C) analyst to raise the company’s share price target in an investor note on October 31.In particular, Ronald Josey revised META’s stock price target to $705, up from $645, maintaining a ‘Buy’ rating. This increase was driven by Meta’s robust advertising revenue, which surged 20% yea ...

The semiconductor giant Nvidia (NASDAQ: NVDA) has managed an uncommon rally for a stock already regarded as a blue chip in the last two years, increasing its valuation from $364 billion at the end of 2022 to $3.417 trillion at press time on October 31, 2024.The company’s performance in 2024 – although overall impressive, as it saw a 185.11% year-to-date (YTD) rise to $137.33 – has given rise to concerns about how much room for growth the chipmaker actually has.NVDA stock YTD price chart. Source: FinboldSpec ...

Micron Technology Inc. (NASDAQ: MU), a key player in the semiconductor memory and storage industry, has experienced a turbulent 2024 marked by both highs and pullbacks. Despite the broader outperformance of major semiconductor stocks this year, Micron has notably lagged behind its peers. Currently valued at $116 billion, the stock is down 33% from its record high of $157 set in June. HOME > MU · NASDAQ Micron Technology Inc Micron one-month stock price. Source: Google Finance Following a sharp downtrend in ...

Having initially positioned himself as an ally of the American car industry but an opponent of the electric vehicle (EV) sector, Donald Trump quickly caused significant speculation on what his reelection would mean for the biggest player in the field, Tesla Motors (NASDAQ: TSLA).More recently, a political alliance between the long-time Democrat, Elon Musk, and the Republican candidate has reignited the debate and moved it more on the bullish side as Trump softened his stance on EVs after receiving tens of m ...