Apple Inc

NASDAQ: AAPL
$228.01
-$1.03 (-0.4%)
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Short interest in Apple fell by nearly 4% in the two-week reporting period ended September 29, perhaps due to talk of tax reform becoming more prevalent.
Judging by most shorted stocks traded on the Nasdaq between the September 15 and September 29 settlement dates, short sellers overall were cautious.
When Merrill Lynch reiterated its rating on Apple, tax reform played a role in its report. Apple has $223 billion in cash outside the United States.
In a series of tweets Monday morning, Microsoft has announced that the company will no longer develop mobile phone hardware or its own mobile operating system.
Boeing added nearly 2% to its stock price last week and continues to rank as the best performing of the Dow Jones Industrial Average index. The stock accounts for nearly 8% of the DJIA's performance.
Goldman Sachs, Microsoft, Apple, and Boeing boosted the DJIA to new highs on Thursday.
Google introduced two new smart speakers at its launch event on Wednesday -- one at the low-end of the price spectrum and the other at the very top of the price spectrum. What's the plan?
Google has released a series of consumer electronics, Wells Fargo charged fees it should not have, Roku shares sell off, and other important headlines.
Among Chinese consumers intending to purchase a new smartphone, Huawei devices are the top choice, displacing Apple for the first time.
Boeing stock slipped by less than a percentage point last week but the company still maintains its wide lead as the DJIA's best performing stock this year.
IBM continues to be one of the worst performing Dow components this year. Over the course of the past five years, it has dropped by almost a third, while the Nasdaq has more than doubled.
Second-quarter U.S. GDP was pegged at 3.1%, Volkswagen warned that the the diesel scandal still is hurting its earnings, Whole Foods was hit by hackers, and more important headlines.
IBM has more workers in India than the United States, Toyota announced an electronic car joint venture with Mazda, Uber will kill is car leasing business, and other important headlines.
The short interest in Apple shares fell 18% for the period that ended September 15. That happened as Apple launched the new iPhone 8 and iPhone X, and ahead of a sharp slide in Apple shares.
September can be a volatile time for the markets, and judging by most shorted stocks traded on the Nasdaq, short sellers have had mixed expectations.