Frank Curzio
Founder & CEO of Curzio Research, Wall Street Unplugged Host
Apple and Nvidia look protected by policy after President Trump bought them and other tech giants and then reversed tariffs that sent them surging, per a newly released disclosure. The administration has signaled through actions which companies it considers too important to fail, making these AI-backbone names unlikely targets of surprise regulation or punitive tariffs. Watch what gets bought in the next selloff. x.com x.comÂ
Apple's broad beat and $100B buyback make it hard to justify waiting for the stock to crack. Revenue hit $111B, and Greater China came in at $20.50B versus $18.91B expected on what Apple called extraordinary iPhone 17 demand, the opposite of the tariff damage Wall Street feared. Services, Mac, iPad and wearables all beat, with only the Americas slightly soft. The buyback signals management sees the stock as cheap relative to where the business is heading; the dividend rose to $0.27. x.com x.comÂ
Apple is a safe haven amid AI-stock volatility and will gain momentum if it persists over the next two weeks through the midterms. New products and another defensive day bring a momentum push toward $358, then $367 in November closer. x.comÂ
Apple is the obvious flight to safety in US markets because it wins on access to cheap memory and on open-source AI. x.comÂ
Apple's roughly 40 times trailing and 37 times forward earnings make the shares too expensive ahead of next week's results. A short looks reasonable, though a sell-the-news reaction after earnings remains uncertain. x.com x.comÂ
Apple's balance sheet and lack of spend keep a bid under its stock whether the market rises or falls. That bid gets stronger with foldable phones that break. x.comÂ
Apple's authorization of up to $100B in share buybacks, alongside a dividend increase, is bullish for the stock. x.comÂ
Apple's roughly 35x forward earnings premium looks unsustainable. If fear around the AI trade fades, its gains could stall or reverse. x.com x.comÂ
Apple and Intel are working together, and Trump is signaling where to put money. x.comÂ
Apple is a good hedge in this market because it benefits from AI without having to put up the capex. It has the best distribution on the planet and is not going anywhere. x.comÂ
Apple looks too expensive to buy at 34x earnings. x.comÂ
Intel's work with Apple shows where the money should go, with Trump effectively pointing investors to it. x.comÂ
