My 3 key ASX takeaways from the week
The S&P/ASX 200 (ASX:XJO) finished flat for the week, while all three US benchmarks closed the week in the red. Here are my 3 key takeaways.
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Apple Inc. (NASDAQ: AAPL) is one of the largest companies in the world thanks to its uber-popular consumer electronics like the iPhone, Macbook, and iPad. Over the years, Apple has moved into the services space with offerings such as iCloud, Apple Music, Apple News and Apple TV+ increasingly gaining traction.
The S&P/ASX 200 (ASX:XJO) finished flat for the week, while all three US benchmarks closed the week in the red. Here are my 3 key takeaways.
This discussion of my Apple Inc (NASDAQ: AAPL) stock valuation first appeared in Rask’s weekly newsletter. Create a free Rask account to read these every week.
On The Australian Investors Podcast, 7Investing’s Anirban Mahanti and Owen Rask chat Tesla Inc’s (NASDAQ:TSLA) monster operating leverage, Apple Inc’s (NASDAQ:AAPL) massive iPhone growth & Dubber Ltd’s (ASX:DUB) capital raising.
US stock markets were mixed overnight as the Nasdaq pushed higher on the back of strength in Alphabet (NASDAQ:GOOGL).
On the Australian Investors Podcast this week, 7Investing’s Anirban Mahanti and Owen Rask talk Altium Ltd’s (ASX: ALU) botched takeover proposal from Autodesk Inc (NASDAQ: ADSK), Netflix Inc’s (NASDAQ: NFLX) quarterly report, Bezo’s Blue Origin hits space.
Anirban & Owen talk the latest in Buy Now, Pay Later (BNPL), including Apple (NASDAQ:AAPL), PayPal (NASDAQ:PYPL) and Afterpay (ASX:APT). Plus is Treasury Wines (ASX:TWE) or a2 Milk Company (ASX:A2M) a better takeover?
The S&P/ASX 200 (ASX:XJO) weakened another 0.3% on Thursday as Victoria plunged into its fifth lockdown and the outbreak continued in NSW.
The S&P/ASX 200 (ASX:XJO) finished 0.3% higher on Wednesday, overcoming weakness in BNPL shares like Afterpay (ASX:APT) and Zip (ASX:Z1P).
The Humm Group Ltd (ASX:HUM) share price is on watch after announcing a deal with Westpac Banking Corp (ASX:WBC).