$Apple(AAPL)$ is being held up. Oil is screaming, the 10-year is breaking out of multiyear resistance, the war nonsense is still ongoing, and Google is down, yet they are still propping up this thing along with the broader market.
Klarna's stock got a boost after they announced a strategic partnership with Apple to launch a new device leasing program called Apple Upgrade, which Klarna will back. The service is set to start in the U.S. on July 28 and will include most iPhone, Mac, iPad, and Apple Watch models. Apple's share price also moved up on the news from Bloomberg. Apple Upgrade will work like a subscription, letting customers make regular payments, keep the device when the lease ends, or upgrade to newer models. Lease terms are 24 months for iPhones and Apple Watches and 36 months for Macs and iPads. It'll be available through both Apple Stores and Apple's online platform. This move comes after Apple reportedly scrapped its own plans for an in-house hardware subscription service back in 2024. By partnering wit
$Apple(AAPL)$ Apple could see a move toward $375. The company just got a major boost in China, with regulatory approval for Apple Intelligence to be integrated with local AI models from Alibaba's Qwen and Baidu. That removes a key hurdle in its largest smartphone market. These crucial revenue drivers in China provide several clear catalysts. Also, the decision to opt for relatively low capital expenditures arguably gives Apple a strategic advantage over the massive spending of its peers.
$Alibaba(BABA)$ It's not typical to see a volume spike like that in the middle of a trading session. It looks like someone, or a few people with significant capital, suddenly decided to buy heavily.
$Alibaba(BABA)$ There's been a noticeable shift with Apple re-engaging key supply chain partners in China. They're reportedly trying to source DRAM directly from CXMT and NAND from YMTC. On the software side, they've made Alibaba's Qwen AI model available to users in China as part of Apple Intelligence. Now, an interesting bit of news suggests Apple has hired the original Alibaba team that created the open-source version of Qwen. This looks like a move to bolster their own Siri AI offering specifically for the Chinese market.
$Alibaba(BABA)$ I like the direction they're heading. There's a chance it could reach 140-150 by the end of the year. I'm content with my position, which is a change for me—I'm usually frustrated to be invested.
$Alibaba(BABA)$ Alibaba's AI push presents a dual narrative. The strategic shift is clearly positioning the company toward a high-growth future, aiming for a leading role in the AI and cloud space. On the other hand, this transformation is coming at a significant cost, with visible pressure on near-term profits and cash flow. The widespread "Strong Buy" analyst consensus suggests the market is focusing on the potential long-term benefits of this AI pivot, looking past the current financial strain. For investors, it seems to be about balancing the clear momentum in AI-related revenue against the immediate cost implications. The integration of Alibaba's Qwen AI with Apple's ecosystem is a notable validation of th
There are a few ways to use AB/CD legs in trading. For day traders, knowing where you are within the AB/CD pattern can generally help you stay on the right side of the intraday trend. Short-term traders can play the AB/CD legs in both directions, and there are multiple ways to stack and layer these trades. For long-term investors, it's typically not a bad spot to add to existing positions when a CD leg completes on your timeframe. It's a way to keep your cost basis down and add on weakness, especially if it's an area of confluence. When a pattern's move completes, it generally needs time to pause and is likely to see a reversal, even if it ends up being a dead cat bounce. $Apple(AAPL)$