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Apple Edges Higher As Traders Await Fed's Favorite Inflation Data: A Technical Analysis - Apple (NASDAQ:AAPL)
Apple, Inc AAPL was edging up about 0.5% on Thursday after closing Wednesday's session about 2% higher on the break up from a bull flag pattern. Bullish momentum may have followed on Thursday, but the market is likely waiting to see headline PCE data, which is expected Friday morning.
VirnetX stock rockets after declaring large special dividend, as positive outcome from Apple litigation nears
Shares of VirnetX Holding Corp. VHC, -0.58% rocketed 22.9% toward an eight-month high, after the internet security software company declared a special cash dividend of $1 a share, which represents 58.8% of the previous session's closing price of $1.70. Shareholders of record on April 10 will be paid the dividend on April 17.
Apple, Bank of America, and Chevron rank as the biggest holdings in Berkshire Hathaway's portfolio. A Berkshire subsidiary owns even more shares of these three stocks.
David Einhorn bet on Apple before Steve Jobs' return - but quickly sold his shares and missed out on a massive profit
Einhorn's Greenlight Capital invested in Apple years before it launched the iPod and iPhone, but promptly cashed out. The stock has skyrocketed since.
The tech giant is rolling out a new financing service for its users. The buy now, pay later (BNPL) offering will allow customers to borrow $50 to $1,000.
Apple launched its "buy now, pay later" (BNPL) service in the US to compete for the more than $100 billion in purchases Americans make using this payment method. Apple will do well with consumer adoption of its BNPL offering, but don't count Klarna, PayPal, and Affirm out just yet.
Three blue chip stocks to watch today.
Apple Inc. has set a June 5 kickoff date for its annual WWDC conference, which is expected to feature the debut of the company's long-awaited mixed-reality headset.
Apple Inc. faces multiple risks from diving deep into the advertising business. The tech giant faces antitrust questions regarding the default search engine deal with Google that places large profits at risk.