Wall Street falls
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Apple stock is down 20% year-to-date, badly underperforming the rest of the Magnificent Seven. Some top voices on Wall Street see a buying opportunity.
In early May, David Kostin and his team at Goldman Sachs lifted their three-month price target to 5,900, and their 12-month target to 6,500. Around the same time, Ed Yardeni from Yardeni Research raised his 2025 target back to 6,500, specifically citing the rollback of Trump's tariffs.
Two months after Donald Trump first announced his tariffs plan, the stock market has moved on. Apple, however, remains in the red.
We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Apple Inc.
To this point, Buffett's consistent net selling activity since Oct. 1, 2022, has served as his big warning to Wall Street. It's called into question the stock market's historically pricey valuation, as well as reinforced something Berkshire's chief noted in his latest annual letter to shareholders: " Often, nothing looks compelling ."
The Friday announcement from the president came after a week of ups and downs, including Moody's downgrading the nation's credit rating.
Apple CEO Tim Cook reportedly called Texas Gov. Greg Abbott to make changes to or veto a newly passed law in the state that would require the company to verify the ages of device owners, according to The Wall Street Journal.