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Apple’s Meh! iPhone 16 update begins to bite pre-orders and stock

Apple loses its appeal of $14 billion EU tax judgment

Apple (AAPL) today lost its court fight over a €13 billion ($14.4 billion) Irish tax bill. The European Union’s Court of Justice in Luxembourg backed a landmark 2016 decision that Ireland broke state-aid law by giving Apple an unfair advantage by awarding the company...
Will the Magnificent Seven stocks let the market down?

Will the Magnificent Seven stocks let the market down?

The Magnificent Seven stocks accounted for virtually all of 2023’s 24% stock market gain. The Magnificent Seven stocks are Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). And according to Wall...
Apple’s Meh! iPhone 16 update begins to bite pre-orders and stock

Apple is Pick #5 for my Special Report: It’s a Market Melt Up!! on my subscription JubakAM.com site (and for my Jubak Picks and Volatility portfolios)

It was sure hard to see a market melt up today, November 22. The Standard & Poor’s 500 was down 0.32% and the NASDAQ Composite fell 1.26%. Market leaders in the melt up rally like Applied Materials (AMAT) and Microsoft (MSFT) were down 1.65% and 0.96%,...