Apple Stock To Sink 30%? Inside The Mind Of A Bear
There is a new bear roaming the Apple orchard. Could Apple stock dip about 30% from current levels, as one Wall Street analyst argues?Anew bear has emerged from its cave. New Street’s Pierre Ferragu believes that Apple stock is now a sell, downgraded from his previous neutral stance, and that shares could sink by nearly 30% from current levels to only $90.The Apple Maven gets inside the mind of this Wall Street skeptic to better understand the potential risks of investing in Apple stock today.Pi
Crypto stocks tumbled again on China's crackdown on bitcoin mining and trading
Cryptocurrencies have fallen,Bitcoin fell below $38000 per coin, down 6.65% in the day;while Ethereum fell below $2500 per coin, down more than 14%.In a statement from Chinese Vice Premier Liu He and the State Council, authorities said tighter regulation is needed to protect the financial system.The statement, released late Friday in China time, said it is necessary to "crack down on Bitcoin mining and trading behavior, and resolutely prevent the transmission of individual risks to the social fi
Cathie Wood’s ARK Invest Sells Nearly 300,000 Shares of Apple
One ARK exchange-traded fund run by ETF star Cathie Wood sold nearly 300,000 shares of $Apple$ Inc. shares on Thursday, as the prices of this ETF traded down about 2% in Thursday’s session. The ETF is up right around 100% in the last year.$ARK Fintech Innovation ETF$ sold 298,505 shares of Apple. At Thursday’s closing price this would have valued this sale at roughly $38.7 million. This is only a small fraction of the total holdings. ARKF has roughly doubled over the past 52 weeks.Maybe Apple
Apple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple
Apple today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR displays with OLED for a brighter, more immersive viewing exper