morgan-stanley-reasons-why-it-sees-apple-reaching-$3t-valuation

Morgan Stanley Reasons Why It Sees Apple Reaching $3T Valuation

  • MarketWatch

    Carnival stock leads S&P 500 losers after analyst sees equity offering causing ‘panic’

    Shares of Carnival Corp. tumbled 11.2% in morning trading Thursday, to pace the S&P 500’s after the cruise operator caused investors to “panic” with its $1 billion public equity offering. The company said late Wednesday that the offering, which represented about about 10% of the current market capitalization of $9.79 billion, priced at $9.95 a share, or a 10.3% discount to Wednesday’s closing price of $11.09. The offering comes after the stock had rocketed 27.3% amid a four-day win streak to clo

  • TheStreet.com

    AMD Could Rally 30% From Here

    Advanced Micro Devices has weakened since late November. The shares were trading around $160 and subsequently fell to near $70 in early July — a rude awakening for buy-and-hold investors. In this daily bar chart of AMD, below, we can see that the shares are making a rally and it is easy to suggest that this advance could fail like others before it.

  • Bloomberg

    Traders Are Hedging Risk Italy Leaves Euro After Draghi Resigns

    (Bloomberg) — The collapse of Italy’s government is awakening a dormant threat in European bond markets.Most Read from BloombergAmericans Who Can’t Afford Homes Are Moving to Europe InsteadThese Are the World’s Most (and Least) Powerful Passports in 2022Biden Contracts Covid as Pandemic Shows Its Staying PowerMusk Lieutenant Scrutinized in Internal Tesla Purchasing ProbeECB Rushes to Tighten as Half-Point Hike Matched by Crisis ToolCredit-default swaps suggest investors are starting to worry ab

  • Reuters

    U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions

    HOUSTON (Reuters) -U.S. crude prices settled below $95 a barrel for the first time since April in choppy trading on Friday after the European Union said it would allow Russian state-owned companies to ship oil to third countries under an adjustment of sanctions agreed by member states this week. U.S. West Texas Intermediate crude (WTI) settled $1.65, or 1.7%, lower at $94.70 a barrel, while Brent crude futures fell 66 cents, or 0.6%, to $103.20. WTI closed lower for the third straight week, pummelled over the past two sessions after data showed that U.S. gasoline demand had dropped nearly 8% from a year earlier in the midst of the peak summer driving season, hit by record prices at the pump.

  • Benzinga

    Read Morgan Stanley’s Take On Shifting Spending Patterns Amid Rising Inflation

    Morgan Stanley analysts Kimberley Greenberger, Pam Kaufman, and John Glass saw initial signs of low-income and increasingly middle-income consumer pressure in the first half of FY22. Now, Morgan Stanley economists have also flagged rising recession risk. They cited that the investors are coming up with several questions, including signs of consumers trading down, the winners and losers of the sectors if the trade down continues, or if a recession were to materialize. Kaufman noted that consumers

  • Bloomberg

    Powell Seen Slowing Fed’s Hikes After 75 Basis Points Next Week

    (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThree Arrows Founders Break Silence Over Collapse of Crypto Hedge FundTesla’s Bitcoin Dump Leaves Accounting Mystery in Its WakeTrump Insiders Recall How He Spurned Pleas to Act as Riot RagedStudent Loan Borrowers Aren’t Waiting for Biden’s Promised ReliefUkraine Latest: US Opens Door to Sending Fighter Jets to UkraineFederal Reserve Chair Jerome Powell is likely

  • Bloomberg

    Liz Truss Survived a Knife-Edge Vote. Now She’s Leading the Race for No. 10

    (Bloomberg) — Most Read from BloombergThree Arrows Founders Break Silence Over Collapse of Crypto Hedge FundTesla’s Bitcoin Dump Leaves Accounting Mystery in Its WakeTrump Insiders Recall How He Spurned Pleas to Act as Riot RagedStudent Loan Borrowers Aren’t Waiting for Biden’s Promised ReliefUkraine Latest: US Opens Door to Sending Fighter Jets to UkraineIn the final hours before Tory lawmakers chose the two candidates who will face off to become next British prime minister, anxious supporters

  • Bloomberg

    Alphabet Stock Split Lands With a Thud in Worry-Filled Market

    (Bloomberg) — Even for Alphabet Inc., financial gimmickry is no match for the power of the bear market.Most Read from BloombergThree Arrows Founders Break Silence Over Collapse of Crypto Hedge FundTesla’s Bitcoin Dump Leaves Accounting Mystery in Its WakeTrump Insiders Recall How He Spurned Pleas to Act as Riot RagedStudent Loan Borrowers Aren’t Waiting for Biden’s Promised ReliefUkraine Latest: US Opens Door to Sending Fighter Jets to UkraineThe Google parent’s shares sank 2.5% on Monday, the

  • Barrons.com

    It’s a Bear-Market Rally. Whether it Lasts Depends on the Fed.

    The Fed Chair could play a Volckerizer or a Blundering Burns as he seeks to rein in inflation. Plus, investment newsletter commentary on the market’s P/E, small banks’ commercial real estate exposure, the CHIPS Act, and emerging markets.

  • MarketWatch

    It’s the end of ‘fantasyland’ for Big Tech and its workers

    After Big Tech grew in unprecedented and unchecked fashion for a decade, building ostentatious palaces to house growing workforces while plying them luxuriant freebies to keep them from defecting to rivals, is the wild ride over?

  • TheStreet.com

    Marvell Technology Is Breaking Its Downtrend: Time to Buy

    Semiconductor supplier Marvell Technology was rated a new fundamental “buy” by a sell-side firm Friday. In the daily bar chart of MRVL, below, we can see that the shares are breaking the downtrend from the early January high (not drawn). The On-Balance-Volume (OBV) line has broken its downtrend from early January and tells us of a shift from aggressive selling to aggressive buying.

  • The Daily Beast

    Ex-Prosecutor: Manhattan DA Thought Indicting Trump Was Too Risky

    New York Daily NewsManhattan District Attorney Alvin Bragg Jr. decided it was too risky to indict former President Donald Trump and was hung up on the idea he might lose the case, according to the special prosecutor who quit the team earlier this year.“He and the new team were focused on the risk that we could lose the case,” said Mark Pomerantz, who quit in protest in February and finally spoke openly about the case on The Cutting Edge, a podcast hosted by Columbia Law School professor John C.

  • GOBankingRates

    4 Times Mark Cuban Was Right About the Stock Market

    Mark Cuban knows a thing or two about timing the market. He rose to fame and fortune, after all, by selling Broadcast.com to Yahoo for $5.7 billion when the dot-com bubble was at its highest peak in…

  • Barrons.com

    Apple’s Market Cap Could Soar by $1 Trillion. One Analyst Is Betting on Subscriptions.

    In a research note Thursday, Morgan Stanley analyst Erik Woodring makes the case that Apple’s market cap could rise by another $1 trillion as the company shifts from a focus on maximizing unit growth to making as much money as it can from the installed base, the vast number of Apple devices already in use. In other words, he thinks that investors should be viewing Apple more as a subscription-driven business, rather than simply a hardware vendor. The company is already the biggest in the world by market capitalization.

 » Read More  » Read More

Tags: No tags

Comments are closed.