The company's quarterly diluted earnings per share (EPS) under generally accepted accounting principles (GAAP) was $3.15, up 16%. Management expects to earn $9.55 to $10.15 a share for the year, representing 9% to 16% growth.

There are more than 2.2 billion Apple devices worldwide, so the company could become the largest distributor of AI to consumers. Some analysts on Wall Street expect the upcoming iPhone 16 to drive a big upgrade cycle because it's rumored to come with a powerful new chip designed specifically for processing AI workloads.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Warren Buffett has outperformed the S&P 500 for decades and has made his

You don't need only hyped-up growth stocks -- in fact, you should have some unhyped stocks in your portfolio, too.

Right now, the Buffett Indicator is hardly alone in signaling that stocks’ valuations are looking stretched. Other popular valuation metrics — including trailing 12-month price to earnings, price to sales and enterprise value to sales — are all above their 90th percentile relative to history, Kass said.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips I just read an article that quoted billionaire hedge fund manager, David

Warren Buffett’s Berkshire Hathaway has seen shares move into record territory as its class A stock is trading Friday above a closing high set earlier in 2024.

Berkshire Hathaway shares reclaim record territory on Friday for the first time in months, boosted by investors’ growing appetite for value stocks.