Despite crushing Q2 earnings estimates, Apple shares have gone in reverse and are underperforming the broader market.I believe Wall Street expectations for Apple's FY2022 are unreasonably high and likely contributing to the recent weakness.Apple's Price/Earnings, Price/Sales, and Price/Free Cash flow still remain significantly elevated to historical levels.I have serious doubt that iPhone, iPad, and Mac sales can continue the current hot sales pace over the next year.Apple bulls have to be frus
Despite crushing Q2 earnings estimates, Apple shares have gone in reverse and are underperforming the broader market.I believe Wall Street expectations for Apple's FY2022 are unreasonably high and likely contributing to the recent weakness.Apple's Price/Earnings, Price/Sales, and Price/Free Cash flow still remain significantly elevated to historical levels.I have serious doubt that iPhone, iPad, and Mac sales can continue the current hot sales pace over the next year.Apple bulls have to be frus
AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat
Nio Grabbed 23% Share Of China's All-Electric SUV Market In April, Ahead Of Tesla's 17%
Nio Inc NIO 7.31% grabbed the largest market share in China’s all-electric SUV market in April, higher than its U.S.-based rivalTesla IncTSLA 3.09%, according to China Automotive Technology and Research Center data.What Happened: Nio grabbed a 23% electric SUV share in April, compared with Tesla’s 17%, CnEVPostreported— citing the CATRC data.Nioclockeda total of 7,404 SUV sales in April — with the ES6 model selling the most at 3,302 vehicles, EC6 sales were 2,484 units and ES8 sales at 1,618 uni