Apple (AAPL) could have a few other problems on its hands in 2023 besides an uncertain manufacturing situation in China, according to one Apple bull on the Street. “I think there are two main issues lying ahead of Apple for 2023,” Oppenheimer analyst Martin Yang said on Yahoo Finance Live (video above). “Number one is we’ve seen two years of very strong upgrade and replacement cycle for iPhone, … and that replacement cycle strength may weaken into ’23 by two factors. One is the majority of… Source link
Read More »Apple could have 2 non-China problems on its hands in 2023: Analyst
Apple (AAPL) could have a few other problems on its hands in 2023 besides an uncertain manufacturing situation in China, according to one Apple bull on the Street. “I think there are two main issues lying ahead of Apple for 2023,” Oppenheimer analyst Martin Yang said on Yahoo Finance Live (video above). “Number one is we’ve seen two years of very strong upgrade and replacement cycle for iPhone, … and that replacement cycle strength may weaken into ’23 by two factors. One is the majority of… Source link
Read More »Yahoo wants to launch a trading platform to become the ‘Bloomberg’ for retail investors, report says
Yahoo execs want to build a retail trading platform in an effort to bolster growth, Axios reported. Yahoo reported $7.1 billion in full year revenues in 2020. Yahoo is mulling plans to launch a stock trading platform to bolster growth, mounting an effort to become the Bloomberg for retail investors, Axios reported Tuesday. Yahoo, which was acquired by private-equity giant Apollo Global Management, has a slew of initiatives in mind to expand its commerce and transactions businesses. (Apollo… Source link
Read More »Yahoo Plays and Strategy for Tuesday, November 29
This article is part of our Yahoo DFS Basketball series. Tuesday doesn’t exactly bring a ton of action in the NBA with only three games on the schedule. The most exciting matchup will see Luka Doncic and the Dallas Mavericks host Stephen Curry and the Golden State Warriors. The Mavericks are 8-3 at home, while the Warriors are just 2-9 on the road. Let’s dig into these three matchups and highlight some players to consider for your Yahoo lineups, as well as a few to possibly avoid.
Read More »The Microsoft stock sell-off is overdone, analyst says
Microsoft’s stock drop of 28% so far in 2022 amid growth concerns now looks overdone, Morgan Stanley says. “While investors worry forward numbers have not been de-risked, we see a strong (and durable) demand signal in the commercial businesses, which should lead to improving revenue and EPS growth in 2H23,” Morgan Stanley analyst Keith Weiss wrote in a note on Tuesday. As a result, the valuation of the tech giant is too cheap to ignore, Weiss contended. “Trading at ~20x CY24 GAAP earnings,… Source link
Read More »The Microsoft stock sell-off is overdone, analyst says
Microsoft’s stock drop of 28% so far in 2022 amid growth concerns now looks overdone, Morgan Stanley says. “While investors worry forward numbers have not been de-risked, we see a strong (and durable) demand signal in the commercial businesses, which should lead to improving revenue and EPS growth in 2H23,” Morgan Stanley analyst Keith Weiss wrote in a note on Tuesday. As a result, the valuation of the tech giant is too cheap to ignore, Weiss contended. “Trading at ~20x CY24 GAAP earnings,… Source link
Read More »Tiger Woods won’t play many more tournaments
Tiger Woods’ playing days are almost done. But his influence on the game will clearly continue long after he’s holed his last putt. Woods spoke Tuesday morning in advance of the Hero World Challenge, his own tiny-field tournament in the Bahamas, and as has become the norm at this event, he was unusually open and forthright, both about his own game and the state of the sport in general. Woods has never fully recovered from the injuries suffered in a catastrophic one-car accident in February… Source link
Read More »Yahoo NBA DFS Lineup of the Day: Nov. 29
FantasyPros has Mavericks guard Luka Doncic as a must play for Yahoo DFS lineups for Tuesday. Building the best DFS lineups for Cash and GPP contests is all about identifying the best ways to utilize your available budget by comparing projections to prices. Luckily, FantasyPros offers a complete suite of DFS tools, including DFS Cheat Sheets, a DFS Lineup Optimizer, and more. Below is today’s Yahoo DFS Optimal Lineup using the FantasyPros DFS Lineup Optimizer tool. This is… Source link
Read More »Lordstown stock higher as first deliveries begin
Lordstown Motors (RIDE), the embattled EV truck maker, finally has some good news to share with the automotive world, and investors. The company’s long-awaited EV pickup, the Endurance, has achieved full homologation, meaning it now complies with safety requirements for sale in the U.S., the company said. In addition, the Endurance has received EPA and CARB (California Air Resources Board) certification, meaning it is now rated by both agencies. Finally, and most importantly, the company… Source link
Read More »‘Cash is king’ right now, says strategist
Rallies within the current bear market are a good time to reallocate holdings — and staying in cash isn’t a bad idea, says one strategist. “We’re recommending to take advantage of these times when the market is having a bull rally, during this bear market — to reallocate portfolios —to clean up some of the holdings that you don’t want any more and repositions to things that we like,” Kathy Entwistle, managing director at Morgan Stanley, told Yahoo Finance Live. “Surprisingly,… Source link
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