S&P 500 rises as slowing inflation bolsters Fed pause bets; Fed meeting underway
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- Wall St futures muted as investors monitor US-Iran negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
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- China makes small dent in deflation battle as supply-demand imbalance persists
Apple (AAPL) institutional ownership has increased YTD - Bernstein
June 14, 2023 8:02 AM EDTBernstein analyst Toni Sacconaghi believes institutions being underweight Apple (NASDAQ: AAPL) and the tech giant's buybacks could be uniquely helping the stock.
The analyst, who has a Market Perform rating and $175 price target on AAPL shares, said that Apple has been a... More
