Investing

Apple October 2020 High Speed Event

In December 2020, media reports confirmed that Apple was working on an Electric Vehicle (EV), known as "Apple Car",  and targeting 2024 for production, with a more advanced battery technology. Independent EV remains a distant reality for Apple, but there are also rumors that Apple may partner with a car maker to accelerate the timelines. Meanwhile as news and remors are fueling the Apple Car  story , Apple stock has reached records highs with the day range of $153.10 - $154.63, closing at $154.30, thus confirming the new trends uncovered in AroniSmart Analyses (see here AroniSmartIntelligence™ in Action: Apple (AAPL) Stock Performance and Momentum Analysis with Support Vector Machine and Dominance Analysis in Q3 2021 and AroniSmartInvest™ in Action: Key Stocks At the End of Summer 2021; Machine Learning, Bayesian Network, Stock Segmentation, Market Sentiment Analyses).

Apple 2021 WWDC Event

 On Monday, August 30, 2021, Apple Inc. (NYSE: AAPL)  announced that it is acquiring Primephonic, a classical music streaming service. With the acquisition, Apple plans to include Primephonic into the iconic Apple Music. Apple will also launch a dedicated classical music offering, within Apple Music. After the announcement, Apple stock price shot up and ended the day with a 3.04% (+$4.52) increase, to $153.12. In recent analyses, AroniSmart Team has continue to flag Apple as one of the most active and growing stock (see here AroniSmartIntelligence™ in Action: Apple (AAPL) Stock Performance and Momentum Analysis with Support Vector Machine and Dominance Analysis in Q3 2021 and AroniSmartInvest™ in Action: Key Stocks At the End of Summer 2021; Machine Learning, Bayesian Network, Stock Segmentation, Market Sentiment Analyses).

AroniSmartInvest™ in Action: Stocks, Market and Sentiment Analysis August 27, 2021

As the end of Summer 2021 approaches, the stock market continues to reach new records and to experience volatility that started in early May 2021. The stock market dynamics appear to continually balance the factors that  have affected the overal market since early 2021, such as COVID-19 pandemic new waves,  the improving job market, the growing inflation, Chinese government actions on Tech and e-commerce companies,  and the overall economic policies.

On August 27, 2021, the key stock market indices continued to register gains  and maintain record performances (Dow Jones Industrial Average gained 0.69%, Nasdaq: 1.23 %, S&P 500: 0.88%, and Russel 2000: 2.85%). AroniSmart™ team, leveraging the Machine Learning, Big Data ,Bayesian Network Analysis, Neural Network Analysis, Text Analytics, and Sentiment and Valence Analysis capabilities of the new improved  AroniSmartInvest™ and AroniSmartIntelligence™,   looked at the stock performance, market sentiment index and events driving the stock market as the end of Summer  2021 approaches ( For More on AroniSoft LLC and AroniSmart products click here).  Key stocks driving the market at the end of Summer 2021 were identified.