As Netflix and Roku reported a good revenue performance in the first half of 2020, Wall Street analysts and investors expect the shares from both of them to continue with the uptrend.
According to Facebook, Apple’s privacy policy has “forced” its decision to stop collecting identifiers for advertisers on devices with iOS 14 and limit the data that apps can collect using its services.
The shares of Apple (AAPL) saw a slight dip on Tuesday despite a report showing that iPhones sales have been steady amid global decline from competitors.
The tech sector continues to take the markets ahead as indices hit new highs. The U.S. and China have resumed the phase one of the trade talks as the two giant economies plan to come to common grounds with their trade settlements.
Salesforce’s revenue for Q2 2020 jumped 29% beating Street expectations by a good margin. The company has set a new revenue target for fiscal 2021 as it prepares to make an entry at the Dow Jones replacing Exxon Mobil.
The shares of Salesforce.com, Amgen and Honeywell will replace those of Exxon Mobil, Pfizer and Raytheon Technologies respectively in Dow Jones 30 stock listed. The implementation will become effective before the start of trading on August 31.
Travel stocks such as shares of airlines, cruise operators, and hotels rose following an FDA announcement on coronavirus treatment and vaccines.
Though on Friday Best Buy (BBY) stock managed to hit a new milestone, today is 6% down.
Tesla stock is one of the most widely-discussed stocks this year with about 400% growth. With TSLA’s current pullback, the stock performance still amazes analysts.
Unity is one of the top software companies in the world. In the SEC filing for an IPO, the company estimated that more than half of the top mobile games on the Apple App Store and Google’s Play Store in 2019 were built with Unity.
Apple (APPL) shares kept rising and on August 24, the stock gained for the fifth straight trading session after Morgan Stanley analyst Katy Huberty expressed an increasingly bullish view on Apple’s prospects.
Apple shares took the lead to open the week ahead of other top tech stocks. Airlines and cruise stocks rose as well.
The rapid growth of TSLA shares has led to an increase in the Tesla value that currently makes up $382.04 billion. Now both analysts and investors believe the best days for Tesla are still ahead.
Daniel Ives believes that Apple has the potential to make further significant gains over the next year. According to him, the AAPL stock price has high chances to reach the level of $600.
Wedbush Securities analyst Dan Ives believes that by 2023, Apple market cap will reach $3 trillion.