Apple stock (AAPL) set for $602 billion valuation test after Jefferies downgrade

Shares of Apple Inc. slipped ahead of Wednesday's market open, marking losses for a second consecutive session. A new downgrade from Jefferies shifted focus to Apple's product roadmap as the main point of contention in its valuation, instead of present sales figures.

Microsoft stock (MSFT) retreats as Maia 300 launch challenges $116 billion capex investment

Microsoft stock (MSFT) retreats as Maia 300 launch challenges $116 billion capex investment

Shares of Microsoft Corporation slipped in premarket trading on Wednesday following a report that detailed new figures for its upcoming custom AI chip. According to The Information, as reported by Reuters, Microsoft may debut the Maia 300 in September and is in discussions with Taiwan Semiconductor Manufacturing Co. regarding its 2027 production capacity.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

U.S. index futures reopen at 18:00 ET

This is the clearest scheduled U.S.-market price-discovery point today and can transmit weekend news into equity-index futures before Monday's cash session.

#2

New Zealand retail sales at 18:45 ET

The Q2 retail package can move NZD and regional risk sentiment. Spillover to U.S. assets is usually secondary unless the result is unusually large.

#3

No scheduled domestic U.S. data or corporate reports

The absence of U.S. releases, earnings, IPO pricings and split events leaves fewer scheduled catalysts, increasing the relative importance of weekend headlines and positioning at the futures reopen.

View full calendar
Times and estimates may change. Verify before trading.