JPMorgan and Apple are in deep negotiations and are expected to take over the Apple credit card project from Goldman Sachs.
As Goldman Sachs decides to withdraw from the consumer finance business, Apple needs to find a new bank to take over its credit card project with over 12 million users, which is a huge customer resource for any bank. Currently, Apple is still in negotiations with JPMorgan, and due to the high-risk customers involved in Apple's credit card project, JPMorgan hopes to take over at a more favorable price. The top management of JPMorgan is paying attention to the negotiations with Apple because technology companies like Apple are challenging the traditional role of banks, and banks must consider collaborating with these technology companies.
Social Buzz: Wallstreetbets Stocks Advance Premarket Thursday; Nvidia, Rocket Lab to Open Higher
Taiwan Semiconductor's USA factory has started producing iPhone chips for Apple — A16.
Taiwan Semiconductor has begun production of Apple's iPhone chips at its foundry in Arizona. The A16 will be the first chip produced in the United States. Taiwan Semiconductor's foundry in Arizona has been under construction for several years, with planning for the project dating back to 2020. After four years of construction, the factory is now operational and has started producing chips for Apple.
Shortening the delivery time of the initial launch cannot reflect the demand. Deutsche Bank gives Apple a 'shareholding' rating and states that the next 10 days are critical.
Morgan Stanley has given Apple (AAPL.US) a "shareholding" rating and set a target price of $273.
Needham Reiterates Buy on Apple, Maintains $260 Price Target
Apple Analyst Ratings
EU Warns Apple It Must Open Its iPhone Operating System to Rival Developers
Ignoring the "ban" on apple, Russian retailers have started pre-selling iPhone 16.
①As early as March 2022, Apple announced the suspension of sales of iPhone and other products in Russia, as well as services such as ApplePay; ②Russian electronic product retailers M.Video-Eldorado and mobile network operator MTS have started pre-selling the iPhone 16, with both companies claiming to be the first to sell the iPhone 16 in Russia.
Market Chatter: EU Said to Issue Warning to Apple Over iPhone Operating System Compliance
Express News | Apple customer service responded to the black screen issue after upgrading to iOS 18: engineers are working on fixing it, and the update for this version has not been stopped.
Express News | EU antitrust regulatory agencies have informed Apple to comply with the obligations under EU technical rules, stating that Apple must respond to developers and third parties' interoperability requests.
Express News | Apple Must Respond to Interoperability Requests From Developers and Third Parties, EU Says
Express News | Apple Told by EU Antitrust Regulators How to Comply With Obligations Set Out Under EU Tech Rules
Express News | Apple Must Ensure Rivals Can Function With Its iOS Mobile Operating System, EU Regulators Say
Morgan Stanley Maintains Apple(AAPL.US) With Buy Rating, Maintains Target Price $273
Morgan Stanley analyst Erik Woodring maintains $Apple(AAPL.US)$ with a buy rating, and maintains the target price at $273.According to TipRanks data, the analyst has a success rate of 61.2% and a
Express News | BYD Panther: Panther 8 supports NFC car keys for Android, HarmonyOS, and Apple smartphones simultaneously.
Express News | Apple Faces EU Warning to Open up iPhone Operating System- Bloomberg News
Express News | Apple faces a warning from the European Union, demanding that it open up the iPhone operating system.
Daily options tracking | Strong surge of over 38%! Intuitive machine with multiple call options makes over 10 times the profit; Interest rate cut stimulates bullish, emerging markets ETF call options surge to 80%
Apple rose nearly 2% overnight, with options volume increasing by nearly double to 1.318 million contracts compared to the previous trading day. The highest volume was for a call option expiring tomorrow with a strike price of $222.5, totaling 0.13 million contracts. In addition, several call options expiring on Friday saw significant gains, with the most impressive increase exceeding twice the initial investment.
Jim Cramer on Apple Inc. (AAPL): 'The Weekend's Pre-orders For The New iPhone 16 Were Anemic' According to Firms