Apple (AAPL) closed above $5 trillion in market value for the first time on Wednesday, while Nvidia (NVDA) lost ground amid growing concerns about the cost of the AI boom. The article also cites Polymarket odds related to Apple's standing at the end of October, but the text is cut off.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/14/2026 | 342.96 |
| Change that session | +0.50% |
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/14/2026 | 221.30 |
| Change that session | -3.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Tech Stocks Power S & P 500 and NASDAQ Higher
Global markets diverged on Monday: a technology-led rally lifted Wall Street, while Europe declined broadly and Asia-Pacific markets were mixed. The NASDAQ Composite jumped 290.85 points (1.11 percent) to 26,430.89, and the S&P 500 rose 31.29 points (0.41 percent) to 7,690.73. The Dow Jones Industrial Average slipped 36.38 points (0.07 percent) to 51,966.03. In Europe, the FTSE 100 fell 1.08 percent and the DAX dropped 1.18 percent, while in Asia the HANG SENG gained 0.52 percent, the Nikkei 225 fell 0.62 percent and the KOSPI jumped 1.76 percent.
- Trading Day : AI storm abates
- Mag 7 Pull Dow Back to Breakeven Line
- Apple Confirms October 28 ‘Pro And Tell’ Event — First Touchscreen MacBook Pro Expected
Apple has confirmed an Oct. 28 product event in Los Angeles, where it is expected to unveil its first touchscreen MacBook Pro, a major break from its longstanding approach of keeping touch mainly on the iPad. Bloomberg reports the event will also feature a low-end MacBook Pro with an M6 chip, a refreshed iMac and an upgraded iPad mini, with retail sales starting November 6. The launch follows the HomeView smart-home device, an updated Apple TV and the second-generation HomePod mini, while the $1,999 foldable iPhone Duo goes on sale October 23, with shipping estimates pushed into January 2027 after preorders opened. Analysts remain divided: KeyBanc's Brandon Nispel kept an 'Underweight' rating with a $250 target, while Melius's Ben Reitzes kept a 'Buy' rating with a $370 target. AAPL shares are up about 26% so far this year, versus about 17% for the QQQ ETF.
- Apple announces product launch event for Oct. 28. Analysts expect touchscreen laptop
Apple has sent invitations to media and analysts for a product launch event on October 28 in Los Angeles, with the tagline “Pro and tell” suggesting a focus on high-end Pro devices powered by its homegrown chips. Melius Research analyst Ben Reitzes expects new Macs this fall, including a touchscreen notebook, and sees the launch cadence as a meaningful shift from two events a year under CEO John Ternus, who succeeded Tim Cook last month. It will be the third launch under Ternus, after the iPhone event (including the foldable Duo) and a New York event on smart home hubs. Macs made up about 10% of revenue last quarter, and Apple shares are up 26% this year, outperforming the S&P 500.
- Apple's iPhone Duo is proving itself the catalyst that Jim Cramer said it would be
Early demand for Apple's foldable iPhone Duo appears strong: the earliest delivery estimate for the 512GB Night Sky model is January 25, more than three months away, and the phone reaches stores this Friday. Morgan Stanley reported a record 14-week average preorder lead time, the longest of any iPhone model it has tracked in 10 years, pointing to both high demand and limited supply, while iPhone 18 Pro lead times are lower year over year. Melius Research estimates Apple could sell at least 15 million Duo units in fiscal 2027, generating about $40 billion in revenue, and maintains a buy rating with a $370 price target. Apple shares have risen more than 41% from a 52-week low of about $243 to around $342, and are up nearly 26% year to date.
Related markets
Latest news
- Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
U.S. spot bitcoin ETFs took in $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock's iShares Bitcoin Trust (IBIT), which pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC shed $54.9 million, while the remaining funds recorded no net flows. The inflow more than erased last week's $228.5 million of withdrawals, but funds remain about $90.5 million in net outflows for October, according to CoinDesk calculations. Ether funds moved the opposite way, losing $103.3 million in their fourth consecutive session of outflows, with BlackRock's ETHA accounting for $95.4 million of that.
- A Big4 bank cut deposit rates in the morning, then raised them again in the afternoon
VietinBank cut its deposit rates for terms of 6 months and longer on the morning of Oct. 20, then restored them to pre-adjustment levels by the afternoon. Its afternoon rate board showed 3.5% per year for 6 to under 12 months, 5.9% for 12 to under 24 months and 6% for 24 months and longer, versus 3%, 5.4% and 5.5% in the morning. Rates for terms under 6 months stayed unchanged, including 2.1% for 1 to under 3 months and 2.4% for 3 to under 6 months. The move came as banks followed the State Bank of Vietnam's guidance to cut deposit rates by at least 0.5 percentage points for terms of 6 months and longer, and Vietcombank and Agribank were among those reducing rates.
- IVV vs. SPY: Which S&P 500 ETF Is the Better Buy for Long-Term Investors?
The article compares two ETFs that track the S&P 500, iShares Core S&P 500 ETF (IVV) and State Street SPDR S&P 500 ETF (SPY), which have nearly identical holdings. The main difference is the expense ratio: IVV charges 0.03% a year, one-third of SPY's 0.09%, and its distribution yield is about 1.1% versus 1% for SPY. SPY's high liquidity remains valuable for active traders. The article concludes that IVV is the better choice for long-term investors, since lower costs can compound over time.
- Warren Buffett Is Issuing a Stark Warning About the Stock Market. Here's What History Says Comes Next.
Warren Buffett has warned that investors are taking on too much risk, likening the market to 'a church with a casino attached' and saying people have never been in a more gambling mood. The article points to the S&P 500 Shiller CAPE Ratio, which has stayed above 40 since May of this year; historically, the only other time it held above that level for months was during the dot-com bubble, when it peaked around 44 before the bear market began in March 2000. The article notes that 40 is not an automatic trigger for a downturn, and no metric can predict timing. It suggests investors focus on quality stocks with solid fundamentals and be ready to hold them for at least a few years.
- Early Uber Investor Jason Calacanis Predicts Waymo Could Buy Lucid Or Rivian — Calls Its Chinese-Car Optics ‘Really Bad’
Early Uber investor Jason Calacanis predicts Waymo will buy Lucid Group (LCID) or Rivian Automotive (RIVN), arguing that its reliance on Chinese-made Zeekr vehicles creates cost and reputational problems. He says the arrangement is technically not illegal today, but Waymo would need to pay a tariff of over 100%, and it has drawn national-security concerns on Capitol Hill. According to Semafor, Waymo aims to grow its fleet from about 4,000 vehicles to 8,000 by the end of 2026 and 20,000 by the end of 2027, after closing a $5 billion term loan and a $16 billion equity raise this year. Uber has committed to buying at least 35,000 Lucid vehicles, while its Rivian deal starts with 10,000 autonomous R2 SUVs, with rides expected to begin in 2028. Calacanis, who recently bought small stakes in Lucid, Rivian, WeRide (WRD) and Pony.ai (PONY), expects consolidation in the autonomous-driving sector within 24 months.
- Prediction: Oct. 21 Will Be a Huge Day for the Stock Market
The article predicts October 21 could be a pivotal day for the stock market, as Meta Platforms (META) becomes the first of the "Magnificent Seven" tech giants to report third-quarter earnings after the close. In its latest quarter, Meta's total revenue rose 28% to $60 billion, with ad revenue at $59 billion. Investors will be watching whether its capital spending, now about 35% of revenue, is translating into growth. Meta's report could hint at the earnings outlook for other tech giants and set the direction for the S&P 500 in the coming days, with the first trading session after the report on Thursday.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.