IVV iShares Core S&P 500 ETF
- 547.620
- +0.230+0.04%
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What If This Isn't A Bounce?
Is Apple at a turning point? iPhone sales may sharply slow down in the second quarter, and AI sets off a new wave of device replacements.
Wall Street expects Apple's Q2 revenue to increase by 3.3% year-on-year. Considering that revenue declined in five of the past six quarters, this growth is undoubtedly a positive signal. Paying attention to asia vets smart progress, it is expected that Q2 may mark the end of the decline in iPhone sales. With the launch of new AI technology, its sales will see a recovery.
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A new chapter in the US stock market? The financial reports of the 'Seven Sisters' are coming out in succession, with a focus on AI capital expenditures.
Last week, the financial reports of Tesla and Alphabet caused a round of tech stock decline. This week, the US stock market welcomes the financial reports of Mag 7, including Amazon, Apple, Meta, and Microsoft, and the market has already begun to tremble.