Apple (AAPL) Delivers Solid Beat — Jefferies Softens Bearish Stance
Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks on the Market’s Radar. On October 31, Jefferies upgraded the stock rating from “Underperform” to “Hold” while raising its price target to $246.99 from $203.07.
The rating upgrade follows Apple’s September quarter revenue growth of estimated 8%,
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Read MoreWall Street Confronts Fed Doubts as Bill Gross Sells Treasuries
Wall Street closed out October on a high. AI optimism, solid earnings, and easier financial conditions lifted stocks to their sixth consecutive month of gains while credit just notched its third straight advance.
But as risk assets surged afresh, the Federal Reserve sent a quieter,
» Read more about: Wall Street Confronts Fed Doubts as Bill Gross Sells Treasuries »
Read MoreWall Street's Long-Awaited Blockbuster Stock Split Announcement of 2025 Has Arrived
Key Points
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Stock-split euphoria has played a key role in lifting the broader market.
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Nontech companies have predominantly led the stock-split charge in 2025,
Alibaba Stock Has Soared More Than 110% This Year. Here's Why It Might Not Be Too Late to Invest.
Key Points
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Alibaba has experienced tremendous growth due to artificial intelligence, but it’s not making a big impact on its financials just yet.
The Burst
Which AI Stock Is Best: NVIDIA or SMCI?
Artificial intelligence has been a driving force behind the U.S. stock market’s 20% plus rise in the past year. However, now that datacenters and AI chips are being implemented at scale, earnings releases are being scrutinized even more heavily to see if the massive investments will yield the promised returns.
No stock has exemplified the AI boom more than NVIDIA (NASDAQ: NVDA).
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Read MoreThe Ivy
Are Only 2 Stocks of Stan’s On Sale?
Stanley Druckenmiller has an exemplary history and track record trading so we wanted to investigate whether any opportunities leap out in his current portfolio.
Which positions, if any, are underwater? And are there any diamonds in the rough now that are on sale?
In Druckenmiller’s Duquesne Family Office there are 75 stock positions as of September 30,
» Read more about: Are Only 2 Stocks of Stan’s On Sale? »
Read MoreThe Spotlight
Spotlight: Dine On Steak After This Brazilian Breakout
Rates are going up everywhere, at least that’s what the financial press would have you believe. On July 26, Federal Reserve Chairman Jerome Powell oversaw a rate hike that placed interest rates at 22 year highs, pegging them at 5.25-5.50%.
The market had largely priced in the rate hike and so the S&P 500 fell just 0.17% on the day.
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