Apple shares are recovering from an early March low of $ 116 per share. Yesterday, April 7, shares rose 1.3% and closed the trading session at $ 128 per share.
Premarket AAPL started growing by almost 1%.… Below, Apple Maven discusses some of the key factors that could drive Apple stock during the April 8 session.
Several events this Thursday could affect not only Apple stock, but the market as a whole. On the eve of the opening of trading, the S&P 500 and Nasdaq are trading unchanged. Here are some potential engines:
- TheStreet: stock futures rally after the Federal Reserve said it was not close to completing its adjustment policy; turnout at the Amazon union in Alabama was 55%; Twitter is reportedly considering a takeover of Clubhouse.
- The calendar of events will include reports on initial claims for unemployment benefits. In addition, about 13 companies will report profits.
Especially for Apple movers
In addition to the main driving forces of the market, Apple stock may also be affected by events specific to the company. For example, Nikkei Asia reported the following:
- MacBook and iPad production has been delayed due to global chip storage, according to Nikkei Asia report;
“As a result of the delay, Apple has pushed back orders for components for the two devices from the first half of this year to the second half,” the sources said. Industry sources and experts say the delays are a sign that chip shortages are becoming more serious and could further affect smaller tech players, ”the report said;
If you didn’t already own Apple stock, or perhaps you didn’t have enough, would you buy the stock three weeks before the company’s reporting day? Leave your opinion below:
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(Disclaimer: This is not an investment advice. The author may be one or more of the companies mentioned in this report. The article may also contain affiliate links. These partnerships do not affect editorial content. Thanks for supporting Apple Maven)