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Market Open: The aftermath of first Reserve Bank ‘hike’ decision since CY23 | Feb 4
The Market Online· 2026-02-03 21:27
Join our daily newsletter At The Bell to receive exclusive market insightsASX today – The Reserve Bank hiking rates yesterday afternoon will weigh on Australian shares early this morning, with ASX 200 futures suggesting a 40-point retreat is on the way for traders Down Under first up on Wednesday.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The RBA increased the official cash rate to 3.85%, which is t ...
Apple adds agents from Anthropic and OpenAI to its coding tool
CNBC· 2026-02-03 20:23
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025.Apple said it's introducing agentic coding into its flagship coding tool called Xcode, throwing its weight behind one of the hottest trends in Silicon Valley. With agent-powered coding, programmers have artificial intelligence software write code independently. Apple said its tool will support Anthropic's Claude Agent and OpenAI's Codex."Xcode and coding agents can now ...
AAPL Just Crossed Over a Historically Bullish Trendline
Schaeffers Investment Research· 2026-02-03 20:20
Core Viewpoint - Apple Inc's stock has been rising since late January, currently trading at $271.69, supported by record iPhone sales and breaking above a historically bullish trendline [1] Group 1: Stock Performance - The stock is on track for a third consecutive increase, with a potential target of reaching its December 3 record high of $288.62 [1] - The 50-day moving average trendline crossover has occurred 16 times in the last three years, with Apple stock rising 75% of the time one month later, averaging a 3.3% increase [2] Group 2: Options Market Sentiment - Short-term options traders are bullish on Apple, as indicated by the Schaeffer's put/call open interest ratio ranking in the 4th percentile of its annual range [4] - Options traders are anticipating low volatility, with the Schaeffer's Volatility Index (SVI) at 2%, ranking in the low 8th percentile of readings from the past 12 months [4]
Walmart hits $1 trillion market cap
UPI· 2026-02-03 19:13
Walmart hits $1 trillion market cap - UPI.comTrending[Trump, Harvard][Artemis II][Canada crash][Tulsi Gabbard][World record teacher][Grok probe][Disney president][Camera mystery][U.S. News]Feb. 3, 2026 / 2:13 PM1 of 5 | The Walmart Marketplace sign shines at the 2023 SEMA Show at the Las Vegas Convention center in 2023. Walmart just reached the $1 trillion market cap. File Photo by James Atoa/UPI | [License Photo]Feb. 3 (UPI) -- Walmart's stock rose by 1% Tuesday to launch the company into the $1 trillion c ...
The Big 3: INTC, AAPL, HUT
Youtube· 2026-02-03 19:00
It's time for the big three. Three stocks, three charts, three trades. Victor Ducat, of course, will take us through the charts.Here to take us through the trades is Charles Moon, stock strategist at Prosper Trading Academy. Great to have you both with us this morning. Charles, would love to get your thoughts on, you know, how we're kicking off this week.A bit of a mixed picture today. We've got Palunteers on the heels of Palunteers earnings, some big earnings from AMD coming our way. >> Uh, yeah, you know, ...
If Apple CEO Tim Cook Steps Down In 2026, Here's Who Could Take Over - Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL)
Benzinga· 2026-02-03 16:43
Core Viewpoint - Speculation is rising regarding a potential leadership change at Apple Inc., with a notable probability that CEO Tim Cook may step down before 2027, as indicated by prediction markets [1]. Group 1: Leadership Speculation - Current betting data shows a 33% chance that Tim Cook will leave his position before 2027, which is higher than other tech leaders like Sam Altman (18%) and Sundar Pichai (16%) [1]. - A separate contract indicates that the market sees only a 10% chance of Cook exiting by March 31, suggesting no immediate departure is expected [2]. Group 2: Reasons Behind Speculation - The speculation has intensified following reports in January 2026 about Apple's succession planning, with some critics arguing that Cook has not made significant contributions recently and that Apple has fallen behind in AI technology [3]. - The promotion of John Ternus, Apple's Senior Vice President of Hardware Engineering, to oversee the Design Team has fueled speculation about a potential leadership transition, with Ternus being viewed as a steady but conventional choice [4]. Group 3: Implications of Leadership Change - Tim Cook has led Apple through a period of remarkable profitability, increasing the company's market cap from under $400 billion to over $3 trillion [5]. - Investors are keen to see if a transition to Ternus will indicate a focus on physical products or if Apple will maintain its shift towards services [5].
Here's Why Apple (AAPL) is a Strong Momentum Stock
ZACKS· 2026-02-03 15:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
Brokers Suggest Investing in Apple (AAPL): Read This Before Placing a Bet
ZACKS· 2026-02-03 15:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Apple (AAPL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Apple currently has an average broke ...
Should Corning Be in Your Portfolio Post Strong Q4 Earnings?
ZACKS· 2026-02-03 15:21
Core Insights - Corning Incorporated (GLW) reported strong fourth-quarter 2025 results, with adjusted earnings and revenues surpassing Zacks Consensus Estimates, driven by a resilient business model and robust portfolio [1][9] Group 1: Optical Communications and Specialty Materials - The Optical Communications segment is the primary growth driver, with a 24% year-over-year increase in Q4 sales to $1.7 billion and a full-year surge of 35% to $6.3 billion, fueled by AI-enabled data center infrastructure [3][2] - A significant multiyear agreement with Meta Platforms, valued at $6 billion, will enhance Corning's optical fiber and connectivity products for high-speed AI data centers, bolstering domestic supply chains and reducing geopolitical risks [2] - Specialty Materials segment sales grew 4% year-over-year to $544 million in Q4, with net income rising 22%, driven by strong demand for Gorilla Glass and collaborations with major clients like Apple and Samsung [4] Group 2: Challenges and Market Dynamics - Corning's growth in Optical Communications is heavily reliant on hyperscaler spending on AI infrastructure, making it vulnerable to macroeconomic changes [5] - The Display segment experienced a 2% year-over-year decline in net sales, and the Automotive segment faces headwinds due to weakness in light and heavy-duty markets, particularly in Europe and North America [5][7] - Limited end market diversification within the Display and Optical segments narrows growth potential, as these segments account for over half of total revenues [6] Group 3: Financial Performance and Valuation - Corning's stock has gained 112%, outperforming the S&P 500 and the Zacks Computer & Technology sector, although it has underperformed compared to competitors like Ciena [10][11] - Earnings estimates for 2025 and 2026 have increased over the past 60 days, indicating growing investor confidence [12] - Currently, Corning's shares trade at a price/earnings ratio of 35.34, lower than the industry average of 36.74, suggesting a valuation discount [13]
Rambus Stock Crumbles On Soft Q1 Guidance
Investors· 2026-02-03 15:19
Rambus Stock Crumbles On Soft Q1 Guidance | Investor's Business DailyBREAKING: [Stocks Edge Higher As Teradyne, Palantir Surgel --- Rambus (RMBS) stock tumbled Tuesday after the semiconductor firm reported in-line earnings for the fourth quarter but fell short with its guidance for the current quarter. The San Jose, Calif - based company late Monday said it earned an adjusted earnings of 68 cents a share, up 24% year over year, on sales of $190.2 million, up 18%, in the December quarter.â€!## Related news## ...