Stock Market Today, April 7: Apple Falls After Reports of Foldable iPhone Engineering Challenges
Apple (NASDAQ:AAPL) closed Tuesday at $253.5, down 2.07%. Shares moved lower after reports of engineering challenges for a foldable iPhone and softer App Store growth. Investors will now be watching future updates on foldable hardware timing as well as momentum in its services segment.
Trading volume reached 61.1 million shares,
Rich Investors Are Rotating Into These 3 ETFs. Should You Follow Their Lead?
Over the past several years, investors have gotten wealthy focused primarily on tech and growth stocks. But these are no longer the hot themes in 2026.
At the beginning of the year, the markets rotated out of these themes and into areas such as value stocks, dividends, international, and small-cap stocks.
» Read more about: Rich Investors Are Rotating Into These 3 ETFs. Should You Follow Their Lead? »
Read MoreCathie Wood buys Tesla, Robinhood shares ahead of U.S.-Iran ceasefire
Veteran investor Cathie Wood runs one of the most active funds that regularly trades in crypto-linked equities.
A pioneer in the world of crypto investing, she once revealed that her fund was the first public asset manager to gain Bitcoin (BTC) exposure in 2015 when the cryptocurrency wasn’t worth even $500.
» Read more about: Cathie Wood buys Tesla, Robinhood shares ahead of U.S.-Iran ceasefire »
Read MoreThe Burst
Is Lululemon Losing Its Shine, or Just Catching Its Breath?
When an apparel brand starts showing signs of stress, sales sliding, margins crumbling, losses mounting, the Street doesn’t hesitate to slap the “dying business” label on it.
That’s why it might surprise some investors that Lululemon doesn’t actually fit that description right now. In Q2, sales rose, margins held within historical ranges, and earnings only marginally dipped.
» Read more about: Is Lululemon Losing Its Shine, or Just Catching Its Breath? »
Read MoreThe Ivy
Ken Griffin’s Big Trim in Palantir
In the second quarter of 2025, Ken Griffin’s Citadel Advisors sharply reduced its holding in Palantir Technologies, selling nearly half of its position.
The move raised about $75 million in cash and followed a familiar pattern for Griffin, who has been building and trimming his Palantir stake in waves since 2021.
This latest sale has investors wondering: why would one of Wall Street’s most sophisticated fund managers cut exposure to a stock riding the artificial intelligence boom?
» Read more about: Ken Griffin’s Big Trim in Palantir »
Read MoreThe Spotlight
Is Target Stock a Hidden Gem for Patient Value Investors?
Target (NYSE: TGT) hasn’t had the best run lately. In fact, shares have slid 29.9% so far this year, a sharp contrast to the broader market, with the S&P 500 flat on the year. It’s a tough pill to swallow, especially when you consider Target was already on the back foot coming into 2025.
But here’s the twist,
» Read more about: Is Target Stock a Hidden Gem for Patient Value Investors? »