Yahoo! Finance: AAPL News

AAPL Q1 Deep Dive: Leadership Transition and Broad-Based Growth Drive Outperformance

Sun, 03 May 2026 02:20:55 +0000

iPhone and iPad maker Apple (NASDAQ:AAPL) announced better-than-expected revenue in Q1 CY2026, with sales up 16.6% year on year to $111.2 billion. Its non-GAAP profit of $2.01 per share was 3.6% above analysts’ consensus estimates.

Berkshire Investors Praise Greg Abel at Post-Buffett Meeting

Sat, 02 May 2026 23:35:23 +0000

(Bloomberg) -- Greg Abel didn’t take long to address the elephant in the room.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells Chinese Firms to Ignore US Sanctions on RefinersTrump Rues State of Iran Talks, Says Prefers Not to StrikeTrump Vows 25% Tariff on European Autos in Escalating Trade RiftIn his first few minutes addressing Berkshire Hathaway Inc. shareholders on Saturday — the first

Morgan Stanley Raises Apple (AAPL) Price Target, Keeps Overweight Rating

Sat, 02 May 2026 22:40:03 +0000

Apple Inc. (NASDAQ:AAPL) is one of the 10 Best American Tech Stocks to Buy. On April 30, Morgan Stanley increased its price target on Apple Inc. (NASDAQ:AAPL) from $315 to $330 and kept its Overweight rating, pointing to the company’s solid March quarter results and guidance for the June quarter. In the March quarter, Apple […]

Tim Cook Says Apple Is Pursuing Tariff Refunds, Will Reinvest Any Windfall Into New US Innovation, Manufacturing Projects

Sat, 02 May 2026 22:01:19 +0000

On Thursday, Apple Inc. said it is actively seeking refunds on tariffs it previously paid and plans to channel any recovered funds into additional U.S. innovation and advanced manufacturing investments. Apple Q2 Earnings Show Tariff Relief Helped Offset Rising Costs During Apple's fiscal second-quarter 2026 earnings call, CFO Kevan Parekh said product gross margin declined sequentially due to seasonal factors and rising memory costs, but lower tariff-related expenses helped support the company's

Why Apple Stock Climbed This Week

Sat, 02 May 2026 20:39:30 +0000

Blockbuster iPhone sales and new, budget-friendly Macs are boosting the technology giant's profits.

Apple’s Record Quarter Meets “RAMageddon” Risks For Mac Margins And Supply

Sat, 02 May 2026 19:17:55 +0000

Apple reported record March quarter results, with double digit iPhone and Services growth and its strongest March quarter on record. Management highlighted emerging pressure from a worsening global memory chip shortage, which it referred to as "RAMageddon." Persistent Mac supply constraints and rising memory costs are expected to weigh on margins and product availability over the coming months. For investors tracking NasdaqGS:AAPL, the news lands while the share price sits at $280.14 and...

Greg Abel runs his first Berkshire annual meeting, Buffett attends

Sat, 02 May 2026 18:52:02 +0000

STORY: :: May 1, 2026

New Berkshire Hathaway CEO Greg Abel presided over his first annual meeting on Saturday, looking to earn the trust of shareholders at a critical moment for the conglomerate built by Warren Buffett.

The 63-year-old, who succeeded Buffett in January, kicked off the Omaha event as a banner honoring Buffett’s 60 years at the helm drew applause. Buffett, now chairman, watched from the front row.

Abel's task, as one attendee put it, is formidable: "Replacing the greatest investor who ever lived."

Since Buffett, who's 95, announced last year he would step down, Berkshire's shares have lagged the S&P 500 by nearly 40 percentage points.

While Berkshire is sometimes considered a microcosm of the broader U.S. economy, it has also been viewed as out of step with broader market trends, most notably technology and AI-driven growth.

Though Apple is one of its largest holdings, Berkshire is more known for its retail, industrial and insurance businesses, including Geico, BNSF railroad, Dairy Queen and See's Candies.

Before the meeting, Berkshire reported higher first‑quarter operating profit and a record cash pile of nearly 400 billion dollars — along with its first share buybacks in almost two years.

Still, questions remain over how Abel will deploy all that cash, something that also bedeviled Buffett, with Berkshire going a decade without making a needle-moving acquisition.

The meeting is the centerpiece of a weekend of shareholder events around Omaha, including investment conferences, private get-togethers, and shopping from Berkshire-owned businesses in a downtown exhibit hall.

Dow Jones Futures: Stock Market Hits High After Bullish Pause; Apple, Broadcom In Buy Zones

Sat, 02 May 2026 17:53:33 +0000

The stock market rebounded late last week after a short pause. The S&P 500 and Nasdaq are at highs while Apple and Broadcom are in buy zones.

Abel: Chunk of Equity Portfolio Doesn't Need Much Management

Sat, 02 May 2026 15:38:25 +0000

Abel was asked about how he balances his time between operations and investments. He didn't give a direct answer but noted that a big chunk of Berkshire's nearly $300 billion equities portfolio requires "limited" management.

Buffett Hails Abel's Leadership, Highlights Big Gain in Apple Stock

Sat, 02 May 2026 13:58:06 +0000

Abel called on Buffett, who is sitting with other directors. Buffett then noted two anniversaries: the one-year anniversary of his decision to step down as CEO and the 10-year anniversary of Berkshire's investment in Apple stock. Buffett said Abel is "doing everything that I did and then some."

Here's How Berkshire Hathaway Did in Greg Abel’s First Quarter as CEO

Sat, 02 May 2026 13:33:22 +0000

Berkshire Hathaway's cash hoard climbed to a record high, while operating earnings surged in the conglomerate's first quarter without Warren Buffett as CEO.

QDVO’s 32% Return Masks a Hidden Risk for Income Investors

Sat, 02 May 2026 11:15:53 +0000

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) sits in an awkward niche: it pays a monthly distribution funded partly by call-option premiums, yet the portfolio underneath is essentially a mega-cap technology growth fund. That combination has produced a 32% total return over the past year alongside steady monthly checks. The question for income investors is ... QDVO’s 32% Return Masks a Hidden Risk for Income Investors

Jim Cramer’s a Believer in Corning (GLW) & Data Centers

Sat, 02 May 2026 06:11:24 +0000

We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Corning Incorporated (NYSE:GLW) is one of the stocks discussed by Jim Cramer. Glass manufacturer Corning Incorporated (NYSE:GLW) is one of Jim Cramer’s favorite data center stocks, as he believes that the firm’s aim to replace copper with glass […]

Amazon, Alphabet, Microsoft, Meta, and Apple Just Reported Earnings. I Think This Was the Best Report of Them All.

Sat, 02 May 2026 01:52:00 +0000

One of these tech giants posted accelerating growth and expanding margins -- and didn't need to commit hundreds of billions to AI infrastructure to do it.

Why it's so Enticing to Bite on Apple's Stock After Record Q2 Results

Sat, 02 May 2026 00:19:00 +0000

Apple's stellar Q2 report added strategic significance to its strong performance.

At Risk in North American Trade Talks: Cheap Cars

Fri, 01 May 2026 23:14:00 +0000

Average car prices have been rising since the pandemic and tariffs. Now the availability of low-cost new cars hangs in the balance as the United States, Mexico, Canada trade deal talks begin.

Replit’s Amjad Masad on the Cursor deal, fighting Apple, and why he’d rather not sell

Fri, 01 May 2026 23:06:50 +0000

At TechCrunch's sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: in a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also bound to sell?

Stock Market Today, May 1: Apple Jumps After Record Quarter and $100 Billion Share Buyback

Fri, 01 May 2026 22:38:09 +0000

Record quarterly profits, upbeat guidance, and an enormous buyback are reshaping the risk–reward profile for investors, today, May 1, 2026.

S&P 500, Nasdaq end higher, notch weekly gains

Fri, 01 May 2026 22:35:59 +0000

STORY: U.S. stocks ended mostly higher on Friday, with the Dow the only outlier, dipping about three-tenths of a percent, while the S&P 500 gained about three-tenths of a percent and the Nasdaq climbed nine-tenths of a percent.

Both the S&P 500 and the Nasdaq logged their sixth consecutive week of gains, their longest weekly winning stretches since October of 2024.

It was a big week for corporate earnings, with five of the Magnificent Seven megacaps reporting.

Among them, Apple climbed more than 3% on Friday, a day after the tech giant provided a solid sales forecast, touting strong demand for its flagship iPhone 17 and the MacBook Neo.

Analysts now see overall first-quarter earnings growth of nearly 28% year-over-year, according to LSEG I/B/E/S Estimates.

That's an 11.7 percentage point increase from where the estimate stood a week ago, and marks the biggest earnings growth since the fourth quarter of 2021.

Melissa Brown is managing director of investment decision research at SimCorp.

"I think we're just seeing the continuation of this AI trade and maybe the complete ignoring of some of the other red flags that are out there - higher oil prices leading to higher inflation, you know, many other things that might give investors pause. But we're coming through a good earning season, particularly for some of these tech companies, and investors are, I guess, saying it's still time to buy there."

Among other movers, shares of Atlassian surged more than 29% after the enterprise software firm hiked its forecast. Peers Salesforce and ServiceNow also gained.

Shares of Reddit jumped 13% after the social media site gave an upbeat quarterly revenue forecast.

On the flip side, shares of Roblox tumbled more than 18% after the online game platform cut its annual bookings forecast.

Stock Market Today, May 1: S&P 500 and Nasdaq Power to New Highs

Fri, 01 May 2026 21:34:16 +0000

Today, May 1, 2026, Apple’s upbeat outlook helped propel tech to fresh Nasdaq records even as the Dow slipped and caution lingered.