Yoel Beinart

1 week ago | wallstreetpit.com | Yoel Beinart

Apple’s (AAPL) stock rose 3.50% to $208.05, hitting $212.94 intraday, driven by a U.S. tariff exemption on smartphones that supports its China-heavy supply chain. KeyBanc upgraded Apple to ‘Sector Weight’ from ‘Underweight,’ citing the unlikelihood of their prior bearish outlook due to the favorable tariff relief. Apple’s (AAPL) stock climbed 3.50% to $208.05 in early trading on Monday, peaking at $212.94 during the session, as investor optimism surged following a pivotal policy development.

1 week ago | wallstreetpit.com | Yoel Beinart

Palantir Technologies (PLTR), with a 290% stock increase over the past year, is set to report Q1 2025 earnings on May 5, expecting $0.08 per share and $862.57 million in revenue. Seasoned trader Stephen Guilfoyle, raising his price target to $116, praises Palantir’s strong balance sheet, projecting $860 million in sales and $356 million in cash flow, with over 36% revenue growth.

1 week ago | wallstreetpit.com | Yoel Beinart

President Trump’s tariff exemptions for smartphones, laptops, chips, and semiconductor equipment shield consumers and companies like Apple, Samsung, and Taiwan Semiconductor from the 125% China tariff and 10% global tariff, acknowledging the lack of U.S. manufacturing capacity. The temporary exclusions, which may precede lower future tariffs, support domestic chipmaking goals while maintaining trade leverage, though semiconductors remain a focus for potential 25% sectoral tariffs.

2 weeks ago | wallstreetpit.com | Yoel Beinart

Meta (META) faces a critical antitrust trial against the FTC starting Monday, with the agency alleging that its $1 billion Instagram (2012) and $19 billion WhatsApp (2014) acquisitions enabled monopolization of the personal social networking market, seeking their divestiture. Meta denies monopoly claims, arguing it competes vigorously with platforms like TikTok, YouTube, and iMessage, and that the FTC’s case overlooks a dynamic market, as stated in its pretrial brief.

2 weeks ago | wallstreetpit.com | Yoel Beinart

Inflation eased in March with the CPI dropping 0.1% monthly and rising 2.4% annually, down from February’s 0.2% and 2.8%, while core prices increased 0.1% monthly and 2.8% yearly, remaining above the Federal Reserve’s 2% target. Food prices rose 0.4% in March and 3% annually, with egg prices up 5.9% and energy prices down 2.4% due to a 6.3% gas price decline, though shelter costs increased 0.2% monthly and 4% yearly, the smallest annual rise since November 2021.