Investing.com -- Apple shares (NASDAQ:AAPL) jumped at the end of last week after the U.S. granted an exception for smartphones from the latest round of reciprocal tariffs, a move KeyBanc analysts described as “probably the best case scenario we can think of for AAPL.”The brokerage upgraded the stock to Sector Weight from Underweight, noting that the exemption “takes a big risk off the table. ...
(Reuters) -Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e’s launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday. Apple (NASDAQ:AAPL) had 19% of the smartphone market, despite flat or declining sales in the U.S., Europe and China, followed by Samsung (KS:005930) with 18% of the mark ...
Investing.com -- Apple (NASDAQ:AAPL) has secured the leading position in global smartphone sales during the first quarter, according to data from Counterpoint Research released on Monday. The launch of the iPhone 16e and robust demand from countries like Japan and India contributed to Apple’s top spot.The iPhone 16e’s debut played a significant role in Apple’s Q1 sales. The new model was met ...
Investing.com -- Morgan Stanley’s top strategist expects the S&P 500 to trade within a range of 5000 to 5500, as offsetting market forces keep equities in flux.While the recent 90-day pause on reciprocal tariffs and additional trade concessions have eased some recession fears, the bank’s Michael Wilson says uncertainty remains high, and the Federal Reserve’s reluctance to provide monetar ...