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☆ iPhone grabs top share in China and analyst negativity abates. What's going right at Apple
▼ + stars: | 2024-01-25 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

After a rough early start to 2024 and lots of analyst negativity, Apple has turned the corner. The iPhone captured a firm-record 17.3% market share in China last year, according to the International Data Corporation's quarterly phone tracker report . 1 spot in China, Apple made the rare move of offering limited-time iPhone 15 discounts there during this month. Last week, IDC crowned Apple as the biggest smartphone maker in the world , dethroning Samsung for the first time ever. And, just about two weeks ago, we reported that the Street hadn't been this cautious on Apple stock in years.

Persons: Apple, Arthur Guo, Piper Sandler, Apple's, Goldman Sachs, we're, Jim Cramer, Tim Cook, Apple —, Jim, that's, Preorders, Jim Cramer's, Berke Bayur Organizations: Huawei, Vivo, Apple, IDC, Samsung, Barclays, Redburn, Club, Microsoft, Bank of America, Big Tech, CNBC, U.S, Getty Images, Anadolu, Getty Locations: China, India, Indonesia, Brazil, ANKARA, TURKIYE, Ankara, Turkiye, Anadolu

☆ Stocks making the biggest moves midday: Apple, Humana, Taiwan Semiconductor, Birkenstock and more
▼ + stars: | 2024-01-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Taiwan Semiconductor Manufacturing — U.S.-listed shares of the semiconductor company popped 9.79% on the back of a fourth-quarter profit and revenue beat . Fastenal earned 46 cents per share on revenue of $1.76 billion, while analysts polled by StreetAccount forecast 45 cents per share on $1.75 billion in revenue. Adjusted earnings per share were 32 cents, versus the 27 cents expected from analysts polled by StreetAccount. KeyCorp — The Cleveland-based bank dropped 4.62% after reporting fourth-quarter adjusted earnings per share of 3 cents, down from 38 cents a year prior. Kinder Morgan — Kinder Morgan shares slid 1.42% after the natural gas pipeline operator reported fourth-quarter revenue of $4.04 billion, missing the LSEG consensus estimate of $4.41 billion.

Persons: Sekisui, Hertz, Morgan Stanley, Fastenal, Birkenstock, KeyCorp —, Kinder Morgan — Kinder Morgan, CNBC's Lisa Han, Samantha Subin, Alex Harring, Yun Li, Pia Singh, Sarah Min Organizations: Apple —, Nasdaq, Bank of America, Apple, CVS Health, MDC Holdings, MDC, Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, Nvidia, Qualcomm, Devices, Spirit Airlines, JetBlue, Citi, StreetAccount, Horizon, Discover Financial, Wolfe Research, JPMorgan Locations: KeyCorp — The Cleveland, Singapore

☆ Stocks making the biggest moves premarket: Discover Financial Services, Spirit Airlines, Humana, Hertz and more
▼ + stars: | 2024-01-18 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Discover Financial Services — The financial services stock dropped more than 7% after posting mixed fourth-quarter results. Hertz — The automotive rental company's stock climbed about 6% following an upgrade to overweight from Morgan Stanley earlier on Thursday. Kinder Morgan — Shares of the energy infrastructure company fell less than 1% after Kinder Morgan's fourth-quarter revenue came in lower than expected. Fastenal — The industrial supplies company added 4% after posting fourth-quarter earnings that exceeded analyst expectations. Humana — The health insurance company lost more than 14% on Thursday after guiding for full-year 2023 adjusted earnings of $26.09 per share.

Persons: Hertz, Morgan Stanley, Adam Jonas, Hertz's, BofA, Ranjan Sharma, Kinder Morgan —, Kinder Morgan's, Kinder, Fastenal, Chris Caso, — CNBC's Brian Evans, Michelle Fox, Fred Imbert, Jesse Pound, Pia Singh, Samantha Subin Organizations: Discover Financial, Apple, Bank of America, Spirit Airlines, JetBlue, Citi, Spirit, Alaska Air Group —, Boeing, Alaska Airlines, Federal Aviation Administration, JPMorgan, Wolfe Research, Humana, Alcoa, Revenue Locations: Singapore

☆ Apple steals the smartphone crown from Samsung, ending a 12-year run
▼ + stars: | 2024-01-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple was the top dog in the global smartphone market for 2023, according to IDC shipments data. It's the first time a company has overtaken Samsung in worldwide smartphone shipments since 2010. Apple closed out 2023 with record-high smartphone market share despite the overall market for phones decreasing. Apple is the "biggest winner" of the year in the smartphone race, IDC research director Nabila Popal said. Overall, the smartphone market declined 3.2% year-over-year — a decade low, according to the IDC.

Persons: Apple, —, Tim Cook, Nabila Popal, Popal, Cook, Barclay Organizations: IDC, Samsung, Apple, Service, International Data Corporation, Huawei Locations: China

☆ These oversold stocks to start 2024, including Apple, could be due for a bounce
▼ + stars: | 2024-01-05 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Tech stocks have been the laggards so far in the new year, with the Nasdaq Composite on pace to end the week more than 2% lower. Against this backdrop, CNBC screened for the most oversold and overbought stocks, measured by the relative strength index, or RSI. The RSI captures the strength and speed of stock price moves and is a useful measure of whether stocks are overbought or oversold. AAPL YTD mountain Apple stock. Other oversold tech names on the list includes software company Synopsys , which has a 14-day RSI of 14.86.

Persons: Piper Sandler, Synopsys, Oppenheimer Organizations: Nasdaq, Apple, CNBC, RSI, Barclays, FactSet, Reuters, Moderna Locations: Apple —, Moderna

☆ Stocks making the biggest moves midday: Apple, Nio, CVS Health, GitLab and more
▼ + stars: | 2023-12-05 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading. Nio — The Chinese automaker climbed about 3% after reporting a smaller-than-expected loss in the third quarter. Nio has taken steps to bring down costs recently, including a 10% cut to its workforce last month. CVS Health — Shares gained 4% after CVS said it would overhaul the way it prices prescription drugs . GitLab — The software company's shares jumped more than 12% a day after the company reported better-than-expected results for the fiscal third quarter.

Persons: Nio, GitLab, Adecoagro, Albemarle —, Piper Sandler, —, Samantha Subin, Hakyung Kim, Sarah Min, Alex Harring, Pia Singh, Michelle Fox Organizations: Apple, Bank of America, CVS, FactSet, UBS —, UBS, Suisse, Nokia, Ericsson —, Ericsson's, Ericsson, Albemarle Locations: China, U.S, Monday's, Ericsson's U.S, Sweden, Finland

☆ Here's the latest sign India will be a key growth market for Apple
▼ + stars: | 2023-11-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

AAPL YTD mountain Apple (AAPL) performance year-to-date Foxconn's China-based factories have been crucial for the production of iPhones and other Apple products likes MacBooks. Those issues, along with heightened U.S.-China tensions, prompted Apple — and suppliers like Foxconn — to expand into India. CEO Tim Cook has previously told CNBC that India presents a "huge opportunity" for Apple in terms of iPhone sales and manufacturing. And over the summer, Apple announced it had started production on the next-generation iPhone 15 in India. While China's economy remains under pressure post-pandemic, the Indian market offers significant growth opportunities for a company like Apple.

Persons: Apple, Apple —, Tim Cook, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Punit Paranjpe Organizations: Foxconn Technology, Apple, CNBC, Afp, Getty Locations: India, China, Mumbai, Punit

☆ Stocks making the biggest moves midday: Fisker, Nvidia, Coinbase and more
▼ + stars: | 2023-11-24 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.9%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. First Solar , SolarEdge — The solar panel manufacturer declined 3.3% Friday, while SolarEdge fell about 0.8%. Retailers — Shares of major retailers were mixed in trading during Black Friday, with Walmart and Target up less than 1%.

Persons: Fisker, SolarEdge, Apple — Apple, Coinbase, bitcoin, Changpeng Zhao, Binance, —, Nordstrom, Alex Harring, Jesse Pound, Yun Li, Sarah Min Organizations: Nvidia, Reuters, European Union, Vista, Colt CZ Group, Apple, Counterpoint Research, Department of Justice, Black, Walmart, Target Locations: China

☆ Stocks making the biggest moves premarket: iRobot, Nvidia, Apple and more
▼ + stars: | 2023-11-24 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Nvidia — Nvidia shares fell 1.8% after Reuters, citing sources familiar, reported the chipmaker told its China clients it will be delaying the chip designed to comply with U.S. export restrictions until next year. Apple — Shares fell slightly by 0.2% after a Reuters report, citing data from Counterpoint Research, said Apple saw a drop in smartphone sales during China's recent Singles Day. Walmart , Target — Some retail stocks were higher as investors kept an eye on Black Friday trends to gauge the health of the consumer. Walmart and Target were higher by 0.2%, each. Fisker — The automotive stock rose 8% after Fisker filed a 10Q, which was previously delayed, with the Securities and Exchange Commission.

Persons: Apple, Fisker Organizations: European Union, Nvidia, Reuters, Apple —, Counterpoint Research, Walmart, Target, Securities and Exchange Commission Locations: China

☆ Tim Cook tells Dua Lipa he wants the next CEO of Apple to be an internal hire
▼ + stars: | 2023-11-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Tim Cook shed some light on the succession plan for Apple's next CEO in an interview with Dua Lipa. AdvertisementWhile Apple CEO Tim Cook doesn't have plans to step down from his post anytime soon, he said he's already thinking about the kind of person who will eventually replace him. "I really want the person to come from within Apple," Cook told singer Dua Lipa on a recent episode of her podcast "At Your Service." Advertisement"We're a company that believes in succession plans and we have very detailed succession plans," he told Lipa, "because something that's unpredictable can always happen. Cook succeeded Apple founder Steve Jobs as the CEO of Apple August 2011.

Persons: Tim Cook, Cook, he's, —, Tim Cook doesn't, Dua, Lipa, Steve Jobs, Jobs Organizations: Dua, Service, Apple, Apple Watch Locations: Dua Lipa, Apple

☆ Elon Musk is suing Media Matters for saying X put ads next to pro-Nazi posts — and Texas AG Ken Paxton wants in too
▼ + stars: | 2023-11-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Media Matters was served a double whammy on Monday, after reporting on X's advertising strategy. Elon Musk is now suing the watchdog, and Texas AG Ken Paxton is investigating the group for fraud. The report, published Thursday, triggered an advertiser exodus from X, after which Musk declared that he'd file a "thermonuclear" lawsuit against Media Matters. In a statement to BI, Media Matters President Angelo Carusone said X's lawsuit was "frivolous" and "meant to bully X's critics into silence." A Media Matters representative did not immediately respond when asked to comment on Paxton's investigation.

Persons: Elon Musk, Ken Paxton, —, Musk, Paxton, Apple —, Angelo Carusone, Carusone, It's Organizations: Texas, Service, Media Matters, America, Media, billionaire's X Corp, Business, IBM, Oracle, Apple, Twitter Locations: Texas

☆ Here's what analysts say to do with Apple stock from here on out
▼ + stars: | 2023-11-03 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Apple continues to appease investors who are planning on holding the stock for the long term. The stock fell as much as 2.4% intraday Friday, one day after Apple's September quarter earnings showed a decline in total sales for a fourth straight quarter. Here's what analysts have to say about the outlook for Apple: Morgan Stanley Morgan Stanley remains "guarded" on Apple. The firm likes Apple's iPhone and Services revenues, tight discipline on operating expenses, its revenue growth catalysts and upside to earnings. The firm, which also kept its $225 price target, said it thinks Apple's December quarter results could be "largely uneventful."

Persons: Apple —, Apple, Morgan Stanley Morgan Stanley, Erik Woodring, Woodring, Morgan Stanley, Goldman Sachs Goldman Sachs, Goldman, Tim Long, Long, headwinds, James Cordwell, Wells Organizations: Apple, Barclays, Google TAC, JPMorgan JPMorgan Locations: Wells Fargo Wells, Wells Fargo

☆ Stocks making the biggest moves midday: Expedia, Paramount Global, DraftKings, Block and more
▼ + stars: | 2023-11-03 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Expedia — Shares surged 17% during midday trading Friday, a day after the vacation booking platform delivered a stronger-than-expected earnings report for the third quarter. Analysts polled by LSEG forecasted earnings of $4.93 per share and $3.86 billion in revenue. Paramount Global — The media conglomerate stock climbed 12% after reporting a third-quarter earning s beat on the top and bottom line. On Thursday, the company reported an adjusted 30 cents per share on $7.13 billion in revenue, while analysts polled by LSEG forecast 10 cents and $7.10 billion. The company reported revenue of $285.9 million against estimates from analysts polled by FactSet of $275 million.

Persons: Expedia, Bill Holdings, KeyBanc, DraftKings, Carl Icahn, Insulet, Gartner, FactSet, —, Jesse Pound, Hakyung Kim, Alex Harring, Darla Mercado Organizations: LSEG, Apple, Paramount Global, Wall, FactSet, Revenue, Bank of America, Citi, JPMorgan Chase —, JPMorgan, Gartner, Lionsgate Entertainment, CNBC, Starz, Lionsgate Locations: CashApp

☆ Stocks making the biggest moves before the bell: Fortinet, Block, Expedia, Apple and more
▼ + stars: | 2023-11-03 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Fortinet — Shares dropped 23.1% after the cybersecurity company missed earnings expectations and gave a weak outlook for the current quarter. Fortinet posted $1.33 billion in revenue for the third quarter and said to expect between $1.38 billion and $1.44 billion in the current quarter. Both underwhelmed analysts polled by LSEG, who anticipated $1.35 billion in revenue for the third quarter and a current-period estimate of $1.5 billion. Revenue for the third quarter came in at $285.9 million, above the $275 million forecast from analysts polled by FactSet. Meanwhile, the company saw adjusted EBITDA at $6.1 million, while analysts had anticipated a loss of $0.6 million.

Persons: Fortinet, LSEG, Block, Bill Holdings, Bill, Expedia, Nation's, Taylor Swift, FactSet, Carvana, —, Wall, Uber, Jesse Pound, Yun Li, Michelle Fox Organizations: Apple —, Paramount, LSEG, Holdings, Revenue, FactSet, & $

☆ Stocks making the biggest moves after hours: Apple, Live Nation, Insulet, Paramount Global, Expedia and more
▼ + stars: | 2023-11-02 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Insulet — Shares added nearly 10% after beating both earnings and revenue estimates in the third quarter. Revenue came in at $432.7 million, while analysts polled by FactSet anticipated revenue of $414.3 million. Expedia — Stock in the travel booking company surged 9% after beating both revenue and earnings estimates in the third quarter. Paramount Global — The media conglomerate stock ticked up nearly 6% following a third-quarter earnings beat . Floor & Decor Holdings — The flooring retailer slipped more than 15% after missing third-quarter revenue forecasts.

Persons: FactSet, Apple, Expedia, LSEG, Block, Fortinet, Carvana, DraftKings, Darla Mercado, Scott Schnipper Organizations: LSEG, Revenue, Apple, Paramount Global, Paramount, Holdings, FactSet

☆ Google reportedly paid Apple a whopping $18 billion in one year to keep its search engine the default on iPhones
▼ + stars: | 2023-10-27 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

Google paid Apple $18 billion in 2021 to remain the default search engine on iPhone, NYT reports. And we now know just how much Google has been paying Apple and other device makers to ensure its search engine remains the default on many devices, including the iPhone. In 2021, Google paid Apple about $18 billion to stay as Apple's top search engine, according to The New York Times, which cites two sources familiar with the deal. Back in 2014, Google paid Apple $1 billion to stay on iOS devices, court documents revealed in a separate case involving Oracle. Still, Kent Walker, general counsel of Google's parent company Alphabet, said in a response letter that people use the Google search engine because it is superior to its competition, not because they are pushed to use it.

Persons: it's, —, Apple —, Bernstein, Kent Walker, Walker, Eddy Cue Organizations: Apple, Google, US Justice Department, Service, Justice Department, The New York Times, Bloomberg, Oracle, of Justice, DOJ

☆ Jim Cramer sees little margin for error in Apple's upcoming earnings report
▼ + stars: | 2023-10-25 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +1 min

"One penny, with this company, is enough to bring the stock down," Cramer said on "Squawk on the Street." Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has long owned Apple stock. There's little margin for error in Apple 's (AAPL) upcoming earnings report, CNBC's Jim Cramer said Wednesday. The analysts maintained a buy rating on Apple stock and said they expect the company's results to largely be in line with Wall Street expectations. The quarterly results from Apple next week will only include about one week's worth of iPhone sales, Cramer cautioned.

Persons: Cramer, Wall, CNBC's Jim Cramer, Cramer's, Jim Cramer's, — Organizations: Trust, CNBC, Apple, Deutsche Bank, U.S Locations: China

☆ How we are treating the latest Apple news ahead of next week's earnings
▼ + stars: | 2023-10-23 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Jim Cramer has some simple advice for investors trying to make sense of the latest Apple (AAPL) news going into next week's earnings: Don't panic. State media Global Times reported on Sunday that Chinese authorities are investigating key Apple supplier Foxconn. It's just the latest in a string of negative headlines for the tech giant in China, its third-biggest market. However, Apple stock was still nearly 9% below its Sept. 5 close, the day before the Journal report. Instead of trading on speculation, however, we will listen to what management says about Apple's AI efforts during next week's earnings call.

Persons: Jim Cramer, It's, Jeff Marks, Terry Gou, Foxconn, Apple, Jim, Jefferies, Jim Cramer's, Alexi Rosenfeld Organizations: Apple, Global Times, Bloomberg, Beijing, Journal, Huawei, U.S, Microsoft, Club, CNBC, Getty Locations: China, Taiwan, Washington, Americas, Europe, India, New York City

☆ Stocks making the biggest moves premarket: Chevron, Apple, Walgreens Boots Alliance and more
▼ + stars: | 2023-10-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Chevron , Hess — Chevron shares slumped more than 2% after the oil giant said its buying smaller rival Hess in an all-stock deal totaling $53 billion, or $171 a share. Hess shares moved slightly higher. Walgreens Boots Alliance — The pharmacy operator rose nearly 3% after JPMorgan upgraded Walgreens Boots Alliance shares to overweight from neutral. Salesforce — The software giant lost nearly 2% after Piper Sandler downgraded shares to neutral from overweight, citing heightened execution and M & A risks. Bank of America downgraded Alcoa to a neutral rating and slashed its price target, citing concerns of a near-term earnings decline.

Persons: Hess, Stonepeak, Piper Sandler, Roche, —, Jesse Pound Organizations: Hess, Chevron, Apple, Global Times, Walgreens, Alliance, JPMorgan, Roivant Sciences, Pfizer, Telavant Holdings, Citi, Evercore, Alcoa, Bank of America Locations: Chevron, China

☆ Could Apple be a casualty of the DOJ suit targeting Google?
▼ + stars: | 2023-10-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

The U.S. Department of Justice's case against Google Search went to trial last month , with the agency alleging Google unfairly used exclusive deals with mobile companies and browser firms to make its search engine the default for consumers. The Wall Street analyst estimated that Apple earns between $18 billion to $20 billion a year from Alphabet for making Google the default search engine on Apple products. Google has repeatedly rejected the DOJ's claims, arguing its search engine is simply a superior product relative to that of competitors. Google Search didn't become the dominant search engine because of a tie-in with Apple. AAPL YTD mountain Apple (AAPL) year-to-date performance When it comes to Apple, we have found that the best strategy for long-term investors like us is to block out the noise.

Persons: Apple, Bernstein, Toni Sacconaghi, John E, Bernstein's Sacconaghi, Sacconaghi, Jim Cramer's, Jim Cramer, Jim, Sundar Pichai, Tim Cook, Joe Biden, Anna Moneymaker Organizations: U.S . Department, Google, Apple, Wall, Big Tech, CNBC, White, Washington , D.C, Getty Locations: U.S, Washington ,

☆ Stocks making the biggest moves premarket: Cal-Maine Foods, Intel, Apple & more
▼ + stars: | 2023-10-04 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Intel — Shares popped 2.5% after the chipmaker announced it would be operating its programmable chip unit as a standalone business complete. Intel plans to conduct an initial public offering for the unit within the next two to three years. The firm is bullish on the stock thanks to progress on legacy projects and said Fluor is on the brink of a company turning point. Sunrun , Sunnova Energy International — Shares of Sunrun and Sunnova dropped 3% and 2.8%, respectively, after Truist Securities downgraded the solar panel installers to hold from buy on Wednesday. Cal-Maine Foods — The stock plunged 11.6% after the company came out with disappointing sales figures due to lower prices.

Persons: Fluor, Sunnova, Moderna, StreetAccount, — CNBC's Brian Evans, Lisa Han Organizations: Intel, UBS, Apple, Sunnova Energy, Truist Securities, Moderna, pharma, Bank of America, Novartis —, Swiss drugmaker, Sandoz, SIX Swiss Exchange, Maine Foods, Revenue Locations: United States, Israel, Swiss, Cal

☆ Stocks making the biggest moves midday: Sphere Entertainment, Riot, Instacart, Insulet and more
▼ + stars: | 2023-10-02 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading. Sphere Entertainment — Shares of the media and entertainment company climbed 11.1% in midday trading after a U2 show debuted its Las Vegas Sphere venue Friday night. Bitcoin stocks — Stocks tied to digital currency trading advanced in lockstep with a rally in crypto prices. Instacart — Maplebear, the food delivery company doing business as Instacart, fell 9.2% in midday trading. The Wall Street bank said investors should buy the dip after the stock's underperformance in the first half of 2023.

Persons: — Stocks, MicroStrategy, —, — Maplebear, Gordon Haskett, Insulet, Jefferies, Goldman Sachs, Goldman, Truist, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox, Sarah Min, Scott Schnipper Organizations: Madison Square Garden, —, Riot, Marathon, Discover Financial, U.S . Securities, Exchange, Federal Deposit Insurance Corporation, Coeur Mining, Hecla Mining, Harmony, Mining, Gold Resource, Barclays, Norfolk Southern, Bank of America, Nvidia —, Nvidia, Apple, JPMorgan, UBS Locations: Las Vegas, lockstep, Coeur, Wall

☆ Cramer says Amazon and Google stocks are still buys, despite antitrust lawsuits
▼ + stars: | 2023-09-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday shared his opinions on two antitrust lawsuits involving tech giants Amazon and Alphabet -owned Google, contending that neither company is a true monopoly. "I'm sure Google and Amazon would love to be actual monopolies, and they may have been real tough competitors, but neither of them has that kind of scale," Cramer said. Cramer argued that Google has a powerful contender in Microsoft and its search engine Bing. He added that Apple agreed to the deal with Google because consumers prefer its search engine. Correction: Jim Cramer shared his opinions about the Big Tech antitrust cases on Tuesday.

Persons: CNBC's Jim Cramer, Cramer, Bing, Eddy Cue, Jim Cramer, Jim Cramer's Organizations: Google, Justice, Apple, Microsoft, Federal Trade Commission, Amazon, Amazon Prime, Big Tech, CNBC, Club, Club Charitable Trust Locations: Amazon

☆ The Apple-Disney deal that could actually happen
▼ + stars: | 2023-09-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

And Apple has long been seen by some analysts as the most obvious acquirer of all or part of Disney. Iger said he considers the studio, streaming, and parks businesses (where the company recently set plans to invest $60 billion over the next decade) to have the most value. It would be hard to imagine operating the parks or streaming businesses without owning the popular franchises that fuel them. Ives envisions a deal where Apple pays for exclusive access to ESPN content and game broadcasts, with an acquisition following down the road. I believe it's a matter of not if, but when Apple buys ESPN."

Persons: Bob Iger, Steve Jobs, Tim Cook, Biden, that's, Gregg Abella, Iger, David Rogers, Apple, it's, Dan Ives, Cook, Ives Organizations: Disney, ABC, FX, Geographic, ESPN, Apple, Pixar, Jobs, Apple's, Investment Partners, Management, Star, Marvel, Columbia University, Verizon, MLS, Messi, Insider, Wedbush Securities, Google

☆ Here are Wednesday's biggest analyst calls: Apple, IBM, Disney, Amazon, Instacart, Nike, Boeing and more
▼ + stars: | 2023-09-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are the biggest calls on Wall Street on Wednesday: Morgan Stanley reiterates Apple as overweight Morgan Stanley said its iPhone survey checks show that China is a "bright spot." Needham initiates On Holding as buy Needham said the shoe manufacturer is one of the "fastest growth stories" in retail. Needham initiates Lululemon as buy Needham said in its initiation of Lululemon that it has "superior growth characteristics." Morgan Stanley downgrades Zebra Holdings to underweight from equal weight Morgan Stanley said the turnaround is taking longer than expected for the computer printing tech company. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said Amazon's Tuesday announcement of seasonal hires is a "bullish leading indicator for expected continued retail share gains."

Persons: Morgan Stanley, Apple, Needham, Lululemon, Oppenheimer, Chewy, Bernstein, SVB, Jefferies, Instacart, Rosenblatt, Sonos, Goldman Sachs, Morgan Stanley downgrades nCino, it's, D.A, Davidson, Wedbush Organizations: Apple, UBS, Nike, Microsoft, RBC, IBM, JPMorgan downgrades, JPMorgan, Boeing, Citi, Citizens, FDIC, Health, America, Azul, Holdings, UW, " Bank of America, Disney, Bank of America, DIS Locations: China, SVB, U.S, Germany, Great Britain, France

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