🍎 Apple gets shot in the ARM on chip announcement

Good Morning. Even before COVID, Intel apologized in November to its customers and partners..
Good morning. Even before COVID, Intel apologized in November to its customers and partners regarding the delays they were having in their business. In an industry that is centered on just-in-time delivery, it doesn't bode well when you're late. For a company that has been the leader for so long, manufacturing delays and the fact their behind ADM on 7nm microchips is a huge deal.

Now here's the rest of the news:
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MARKETS
DOW 26,024.96 +0.59%
S&P 3,117.86 +0.65%
NASDAQ 9,846.13 +0.03%
*As of market close
Stocks fell yesterday, as technology stocks lead the way.
Oil rose 2.06%, as July WTI contracts expire.
Gold advanced 0.73%, as the price closes at a 7.5-year high.
Cryptocurrencies traded higher, with Bitcoin finishing 3.00% higher closing at $9620.

Today's TOP TIPS
4 Small Cap Growth Stocks Ready for the Rally
Small cap growth stocks have historically outperformed small cap value stocks. After a brief surge in value performance in early June, the trend has moved back into the favor of growth in the past couple weeks. Even after the large decline leading into the March lows, small cap growth companies have continued to hold their ground in terms of performance.

» FULL STORY

Option Traders Use Bullish Combination to Trade Upside in Biotech
On Monday, the option activity for Amarin Corporation (NASDAQ: AMRN) exploded with volume coming in over 12 times the average. The call activity was nearly 10 times the average with over 90,000 contracts traded and put option activity being 24 times average with over 24,000 contracts traded. There was a large bullish combination trade that indicates potential for a bullish breakout.

» FULL STORY

CEO Buys Shares of Auto Parts Supplier
The president and CEO of Advance Auto Parts (NYSE: AAP) stepped in and acquired 7,285 shares at $136.13 for a total cost of over $991,000. The purchase increased his holdings by 5.82% and is the first shares purchased by him since March 2018. The price is currently up over 11% since the transaction.

» FULL STORY

IN OTHER NEWS

Stocks rise, investors eye uptick in virus cases

Palo Alto Networks CFO Bonanno leaves for Google's cloud division

U.S. home sales hit 9-1/2-year low; price growth cools

Grainger to sell Grainger China to focus on 'key businesses'

Trump to sign order today halting H-1Bs, other work visas: reports

Gold price surges to 7.5-year high as coronavirus concerns mount

Stocks Rise on Tech Advance; Gold and Oil Climb: Markets Wrap

Apple Mac computers make jump to its own chips

Oil futures finish higher as July WTI contracts expire and traders weigh prospects for demand

US STOCKS-Wall Street rises as investors look beyond rising virus cases


S&P 500 MOVERS
TOP
GPS 8.255%
CARR 6.014%
CMG 5.878%
HWM 5.093%
AES 4.798%
BOTTOM
AAL 6.75%
NCLH 6.202%
RCL 6.17%
NTAP 4.038%
WYNN 3.998%

Quote of the Day
Apple's motivations for doing this include reducing its dependence on Intel, maximizing its silicon investment, boosting performance and giving itself more flexibility and agility when it comes to future products.
- Geoff Blaber, CCS Insight, quoted by BBC.

Sponsored Content
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Shhhhhh… We've got a secret to share with you… One that could boost your retirement by $3.43 million.

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Today… you'll get the historic strategy that could earn the average retirement $3.43 million in the next few years…

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