Straits Times Index
3,292.93 -3.96 (-0.12%) Nikkei
38,236.07 -37.98 (-0.10%) Hang Seng
18,475.92 +268.79 (+1.48%) FTSE 100
8,213.49 +41.34 (+0.51%) Bitcoin USD
61,842.12 +2,755.75 (+4.66%) CMC Crypto 200
1,342.03 +65.05 (+5.09%)
AAPL Mar 2025 85.000 call
| Previous close | 93.66 |
| Open | 103.08 |
| Bid | 102.45 |
| Ask | 104.70 |
| Strike | 85.00 |
| Expiry date | 2025-03-21 |
| Day's range | 103.08 - 103.08 |
| Contract range | N/A |
| Volume | |
| Open interest | 235 |
- Yahoo Finance Video
This Apple short seller is concerned about these risks
Apple (AAPL) recently reported its second-quarter earnings, surpassing analyst estimates on both revenue and profitability metrics. However, not all investors are bullish on the stock, even after the tech giant announced a staggering $110 billion share buyback program. Joining Catalysts is Bireme Capital Co-founder and Chief Investment Officer Evan Tindell, who has taken a short position on Apple's stock. Tindell believes that risks ranging from fluctuating demand in China to potential antitrust concerns "are reflected in that premium valuation" for Apple. As the company explores integrating artificial intelligence (AI) into its smartphones, he notes, "It will be interesting to see" if this endeavor can truly materialize into a substantial earnings driver or upstart a replacement cycle for their devices. Despite the company's announcement of a $110 billion share buyback program, Tindell remains skeptical, asserting that this move does not accurately reflect the company's valuation multiples. "I think if you hold Apple long-term, you're likely to make a positive return," Tindell tells Yahoo Finance. "I just think the risks are to the downside in the next year or two." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
Apple revenue is an 'iPhone plus services story': Analyst
Apple (AAPL) shares are climbing after the tech giant announced the authorization of a $110 billion share buyback program. Oppenheimer Senior Analyst of Emerging Technologies and Services Martin Yang tells Brad Smith and Akiko Fujita that despite weak iPhone sales, Apple is on track to "enter into a stronger iPhone cycle with accelerating earnings growth." He also highlights the increasing revenue generated by Apple services, calling this "not only an iPhone story, but an iPhone plus services story." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Yahoo FinanceAmazon Web Services CEO: We're on track to hit $100 billion in sales in 2024
Amazon is headed down a path to hit a key sales milestone in 2024.
