The odds of Apple (AAPL) making an electric car are a little better than a coin flip, says Piper Jaffray analyst Gene Munster. Despite breathless media reports that Apple is getting ready to test drive a top-secret self-driving car, an actual product is probably 10 years away, if it ever comes, Munster said in a research report Tuesday. But the mere notion of an Apple car is likely to lift Apple’s stock, he said. “We believe a car from Apple is
Competitive threats are weighing on Netflix (NFLX) stock as the company continues its rapid global rollout. As the world’s leading Internet television service, Netflix has a big bull’s eye on its back and rivals such as Alibaba (BABA), Amazon.com (AMZN), Apple (AAPL) and Hulu are taking aim. Netflix stock closed down 0.33% on the stock market today, its fourth straight down day and the second in a row below its 50-day moving average. Netflix stock
With Apple (AAPL) expected to debut a new iPhone and maybe a Siri voice-enabled Apple TV next Wednesday, key chip-supplier stocks could win or lose — though with the market in correction, most stocks are under pressure. Avago Technologies (AVGO) and Ambarella (AMBA) are two chip stocks highly rated by IBD. Power amplifier technology from Avago and Skyworks Solutions (SWKS) turned up in the iPhone 6 generation, along with gear from NXP