Apple (NASDAQ: AAPL) is ramping up for its biggest event of the year which is happening this Monday. Consumers and Wall Street will be tuning in to see just what Apple has in store for us in 2019. Currently on the docket is the announcement of several new apps, features, development tools and what will likely be IOS 13, the latest iteration of Apples operating software. Since the launch of the initial iPhone, which likely changed the smartphone marketplace for the better, Apple has had an aggressive approach at revamping the operating system each year, bringing new features, fixes, and changes to Apple devices. Because of Apple’s in house developed operating system, their products are often more capable or have a better user experience because the software functions seamlessly with their hardware. Love them or hate them, Apple is doing something right. With a market cap of 817.89B and $46.6 billion in spending last year just on the App store alone, they are dominating the tech and smartphone space.
To say Tesla (NASDAQ: TSLA) was having a rocky start in 2019 would be an understatement. To date, the stock has tumbled 43% this year slashing $4.9 billion from the value of Elon Musk’s stake the company. Wall Street is seemingly doubtful about consumer demand for the company’s electric vehicles. This drop in value represents a total loss of $7.8 billion from the stakes of Tesla’s four biggest shareholders – Musk, Tencent Holdings Ltd., Saudi Arabia’s Public Investment Fund and Larry Ellison, with $2.7billion dropping off in May alone. Not contributing to the stock is Tesla’s delay in Model 3 deliveries as well as recurring news of autopilot crashed.
Top headlines trending today on Tesla Stock Read ‘Will Tesla Stock Plunge To $125 A Share?- Yahoo Finance”, “Tesla Slices Prices On Models S and X, Stock Plummets – Yahoo Finance” “Tesla Stock Could Go Lower Than $10 Dollars One Day, Says Accipiter’s… – CNBC” An article published yesterday May 22, 2019 by Lawrence Meyers on CNN.com states, “Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model S and X vehicles. Merrill Lynch put out a note expressing concern that sales on those models have peaked and are losing market share to its own Model 3.” https://www.ccn.com/tesla-stock-crashes-wall-street-armageddon Other recent news that could be a cause-for-concern are the auto-pilot crashes that seem to happen every so often. The Tesla Auto Pilot Crash is repeating itself, where the cars are slamming into semi-trucks. There are plenty of die-hard Tesla fans out there, but with the stock continuing to plummet, Tesla’s future is starting to look pretty bleak.
The total return of a stock index like the S&P 500, which is widely quoted as a benchmark for stock performance, is a calculation that depends on the change in the index, either positive or negative, plus reinvested dividends. Since an index is not an investment, but a statistical computation, however, the reinvestment occurs only on paperâ€”or more precisely, in a software program. Rather than reinvesting dividends in the stocks that pay them, the index provider reinvests all dividends in the index as a whole. Total return on an index is calculated daily, though the results are more typically provided as monthly, annual, or annualized figures, expressed as a percentage. Capitalization-weighted indexes are designed to reflect the economic impact of companies with the highest market capitalization. Market cap is calculated by multiplying the number of sharesâ€¨by the stockâ€™s current market price. The majority of indexes are capitalization weighted, including the S&P 500 and the Nasdaq Composite Index. Total return, as it applies to an equity index, is a calculation that reflects the positive or negative change in the index plus any reinvested dividends. Most equity indexes report their return two ways, one that is price return only and the other, Read more…