The Each day Breakdown takes a more in-depth have a look at the brand new merchandise and iPhones introduced by Apple — and a more in-depth have a look at the charts.
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What’s Occurring?
Yesterday, Apple’s “Awe Dropping” occasion unveiled a number of new merchandise, together with 4 new iPhones, new watches, and new AirPods.
The corporate introduced the brand new iPhone 17 (beginning at $799), the 17 Professional ($1,099), and the Professional Max ($1,199). Nevertheless, Apple additionally introduced a brand new member to the lineup — the iPhone Air.
The Air begins at $999, weighs in at solely 165 grams, and measures simply 5.6 millimeters thick. The corporate is hoping that its ultra-thin profile will probably be a draw for purchasers in search of a slimmer, extra pocket-friendly system. Whereas it has only one rear digicam, its 6.5-inch show is bigger than the iPhone 17 and 17 Professional.
Apple made the plain enhancements to this 12 months’s line-up — like a greater digicam, sooner chips, and longer battery life — however is hoping that just a few design tweaks and new options entice clients to improve. The brand new iPhones will probably be obtainable on Sept. nineteenth.
AirPods and Watches
The corporate additionally introduced three new Apple Watches — the SE (beginning at $249), the Collection 11 ($399) and the Extremely 3 ($799). Just like the iPhone, some design tweaks and an improved battery life are a number of the customary updates that clients anticipate today, however the firm is leaning in on new well being options too, like improved sleep instruments and blood strain monitoring.
Lastly, Apple additionally introduced the brand new AirPods Professional 3, which have a smaller design, foam ideas, and improved noise cancellation. However all anybody is speaking about is the potential for real-time translation.
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The Setup — Apple
There have been years the place Apple inventory swung wildly on its iPhone days, so yesterday’s 1.5% dip appeared tame by these requirements. Nonetheless, it’s been a blended run for Apple currently. Though shares are up about 15% within the final three months, the inventory continues to be down about 6% 12 months to this point and is up simply 6% over the previous 12 months.
The motion currently has been constructive, as Apple discovered assist within the $190 to $200 vary and has strung collectively just a few greater lows (inexperienced arrows) displaying some technical enchancment over the previous few months. Additional, it’s again above key transferring averages, just like the 50-day and 200-day.
Bulls are hoping these transferring averages — at present close to $220 — act as assist ought to Apple dip to that space within the close to future.
Choices
Traders who imagine shares will transfer greater over time could think about taking part with calls or name spreads. If speculating on a long-term rise, buyers may think about using satisfactory time till expiration.
For buyers who would moderately speculate on the inventory decline or want to hedge a protracted place, they might use places or put spreads.
To be taught extra about choices, think about visiting the eToro Academy.
What Wall Road’s Watching
ORCL
Coming into at the moment’s session, Oracle shares have been up ~45% in 2025 and have been up greater than 70% over the previous 12 months. These numbers are going to be juiced much more provided that Oracle is greater by greater than 30% in pre-market buying and selling. That follows a promising earnings report the place the corporate projected explosive cloud infrastructure development, from $18 billion this 12 months to $144 billion by 2030. Dig into the basics for ORCL.
SPY
The Bureau of Labor Statistics minimize its April 2024 to March 2025 jobs estimate by 911,000, erasing about half of the reporting development over the 12-month stretch. The revision — which is a standard a part of the method — has economists much more involved concerning the sluggish numbers we’ve seen from the labor market currently and has buyers pushing for extra aggressive charge cuts from the Fed.
GME
GameStop is one other pre-market riser after the agency reported its quarterly outcomes. Earnings of 25 cents a share topped estimates for 15 cents a share, whereas income of $972.2 million beat expectations for $823.2 million. Additional, the agency reported holding $528.6 million value of Bitcoin at quarter-end. Take a look at the chart for GME.
Disclaimer:
Please be aware that attributable to market volatility, a number of the costs could have already been reached and eventualities performed out.
