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Apple (AAPL), the second-largest U.S. company by market capitalization, made big news on Monday, announcing that CEO Tim Cook is stepping down, effective September 1. He's moving to the role of executive chairman.
Direxion Daily AAPL Bear 1X Shares ( NYSEARCA:AAPD ) carries a 3.43% dividend yield, but calling these payments “dividends” in the traditional sense is misleading.
Tariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's landmark ruling that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for Direxion's suite of leveraged-inverse ETFs.
Direxion Daily AAPL Bear 1X Shares (NASDAQ: AAPD - Get Free Report) shares dropped 0.2% on Tuesday. The company traded as low as $13.64 and last traded at $13.67. Approximately 2,242,212 shares changed hands during trading, a decline of 34% from the average daily volume of 3,401,502 shares. The stock had previously closed at $13.70.
Apple ( NASDAQ:AAPL ) trades at 36x earnings while delivering just 10% returns over the past year.
There was a time when betting against Apple stock was a dangerous pursuit — borderline heresy in the eyes of some. Those risks linger as highlighted by the fact that the stock gained nearly 8% for the month ending Oct. 3.
Apple held its “Awe Dropping” event on Tuesday, showcasing its upcoming products that included the new iPhone 17.
Apple Inc. (Ticker: AAPL) is having a rare off-year, down roughly 20% year-to-date as questions swirl around its innovation pipeline, product execution, and ability to compete in the generative AI race. But the tech titan isn't standing still.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.