I think Apple stock is just plain out of favor right now, says Jim Cramer
'Mad Money' host Jim Cramer takes a look at what is happening with Apple's stock at the moment.
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Associated Press
34 minutes ago
- Associated Press
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Apple Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action
New York, New York--(Newsfile Corp. - June 27, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Apple Inc. (NASDAQ: AAPL) between June 10, 2024 and June 9, 2025, both dates inclusive (the 'Class Period'). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 19, 2025. SO WHAT: If you purchased Apple securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Apple class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 19, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Apple misstated the time it would take to integrate the advanced AI-based Siri features into its devices; (2) accordingly, it was highly unlikely that these features would be available for the iPhone 16; (3) the lack of such advanced AI-based features would hurt iPhone 16 sales; (4) as a result, Apple's business and/or financial prospects were overstated; and (5) as a result, Apple's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Apple class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] To view the source version of this press release, please visit
Yahoo
an hour ago
- Yahoo
Looming Rate Cuts Suggest Winter is Coming for Berkshire Hathaway Stock (BRK.B)
Warren Buffett's Berkshire Hathaway (BRK.B) has amassed a $347.7 billion cash hoard, reaping substantial interest income amid high rates—but with rate cuts looming and the stock trading at elevated levels, that war chest could soon turn from asset to liability for investors seeking safety. TipRanks data shows BRK.B stock keeping pace with the S&P 500 (SPX) so far this year, rising approximately 8% despite macroeconomic risks flourishing in several key investment areas. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter However, exactly how much longer the fund can sustain its performance remains to be seen, given the Fed's looming actions. As a result, I'm apprehensive about Berkshire's ability to recycle its magic touch, and I'm therefore Neutral on BRK.B stock. Berkshire's cash mountain didn't appear overnight. Over the past few quarters, Buffett and his team have been net sellers of stocks, trimming significant holdings like Apple (AAPL), selling over 600 million shares last year alone, reducing its stake to $70 billion from $175 billion, and Bank of America (BAC), with sales exceeding 235 million shares. One of the key barometers — Berkshire's total equity value — remains steady and above $200 billion, according to Main Street Data. These sales, alongside continued cash flows from Berkshire's insurance, railroad, and energy businesses, pushed its cash reserves to a record $347.68 billion by Q1, with most of it parked in U.S. Treasury bills. This strategy has paid off handsomely, delivering risk-free returns at yields above 5% in a volatile market where uncertainty (from geopolitical tensions to economic slowdown fears) has kept investors jittery. Buffett's aptitude for capital preservation shines here, turning Berkshire into a safe haven, which explains why many investors have 'flown to safety' by buying BRK stock. The U.S. economy is currently managing a substantial national debt, which has reached approximately $36 trillion. If interest rates remain elevated, annual interest payments are projected to climb to around $1.14 trillion by 2028. In response, many analysts anticipate two to three interest rate cuts by the end of 2025, potentially reducing the federal funds rate from the current 4.75%–5% range to between 4.25% and 4.5%. For Berkshire Hathaway, a declining rate environment poses meaningful implications. Its substantial holdings in Treasury bills—totaling $286 billion—generated $14.5 billion in investment income in 2024, a 43% increase year-over-year, primarily due to elevated short-term interest rates. However, as rates decline, that income stream could face pressure. Additionally, Berkshire's insurance float, which relies on reinvesting premium income at favorable yields, may also deliver lower returns in a low-rate environment. While Berkshire's conservative approach remains a hallmark of its strategy, a shift toward looser monetary policy presents a structural challenge that could diminish the short-term benefits of its liquidity reserves. Interestingly, Buffett's hesitancy to dive into equities, even during significant market dips in recent quarters, raises questions about Berkshire's next move. With nearly $350 billion in cash, identifying investments that can move the needle for a trillion-dollar conglomerate is no small feat. Major acquisitions or stock buys need to be huge to generate meaningful returns, yet Buffett has passed on opportunities, wary of overpaying. If rate cuts spark a market rally, as they often do, Berkshire risks missing out, with its cash earning paltry returns while equities soar. Adding to the caution, Berkshire Hathaway currently trades at a price-to-book (P/B) ratio of 1.6—near its highest level in the past decade and above its historical median of 1.4—reflecting heightened investor demand for defensive assets. Adding support to its revenue mix, earnings from insurance policies, which show the company's ability to convert written premiums into actual income, are inching higher, as TipRanks data indicates. Notably, the company has essentially paused its share buyback program, which may indicate that management views the stock as fully valued or even overvalued at current levels. This elevated valuation leaves limited margin for error. If cash yields decline and Berkshire is unable to redeploy capital efficiently, the stock could be vulnerable to multiple compression, particularly if investor sentiment shifts back toward growth-oriented equities in a lower-rate environment. Wall Street analysts remain actively bullish on BRK.B stock, possibly reflecting confidence in the firm's future leadership change, despite shares trading at a lofty P/B premium. Today, the stock has a Moderate Buy consensus rating based on two unanimous Buy ratings over the past three months. BRK's average price target of $591 implies that shares have a roughly 20% upside from their current levels. Berkshire Hathaway's circa $348 billion cash reserve—fueled by strategic asset sales and substantial operating income—has been a standout asset in a high-interest-rate environment. However, with growing U.S. debt levels putting pressure on the Fed to cut rates, the yield on that cash is likely to fall, just as Warren Buffett remains cautious on new equity investments. Meanwhile, the stock's elevated price-to-book ratio heightens downside risk. As economic conditions evolve, investors seeking shelter in Berkshire may face increased volatility ahead, and there may be more agile and better-positioned alternatives in today's macro landscape. Disclaimer & DisclosureReport an Issue
Tom's Guide
an hour ago
- Tom's Guide
I tried new AirPods features with the iOS 26 beta — and Apple missed an opportunity to add this killer feature
For the past couple of weeks now, I've been trying out as many new features I can find with the iOS 26 developer beta. For example, I've already explained the first thing I did after checking out the software's new Liquid Glass design. Soon after that, I checked out the new CarPlay experience to see what's new and different with Apple's car infotainment system. The next thing up on my list was to try out the new AirPods features that are included with iOS 26 update. Considering how Apple's AirPods are some of the best wireless earbuds on the market, it comes as no surprise that the company would look to add capabilities that make them even more helpful across different situations. I got to test out some of these new features with the iOS 26 beta release, but I'm still confused by one thing that Apple hasn't added — the ability to use the AirPods as a wireless microphone system. Honestly, I'm baffled because it seems like a no-brainer addition given the other things Apple has introduced with the beta software. For example, you can now use AirPods to control how you take photos and videos on your iPhone by simply squeezing on their stems. I tested out this exact feature on my iPhone 16 Pro Max with firmware version 8A293c on my AirPods Pro 2. While video recording, I can use these controls to start and stop recordings remotely. When you shoot as many videos as I do, this feature is helpful because I can put my iPhone on a tripod and then shoot a video of myself at a distance using its rear cameras as opposed to the front-facing one. I hear the usual start recording tone on my AirPods that indicates a recording has started, then the stop recording tone when I'm done. Again, this is a handy feature, but Apple's missing the ball with turning the AirPods into a wireless microphone that can be used for better audio quality because it's on me — and therefore better at picking up my voice. When I do start a video recording using these new gestures, the audio recording is still through my iPhone, so it sounds distant because I'm farther away. I don't understand why Apple doesn't make this addition because it would only make the AirPods better for shooters and creators. With the iOS 26 beta software, Apple says that the AirPods are getting 'studio-quality' audio recording. I can definitely tell that the firmware update enhances my audio quality because I tried this out while outdoors in the city with a phone call to a friend. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. They couldn't hear all the background noise that was around me, like the loud honking noises from the cabs and other traffic disturbances. Knowing that the microphones are delivering better results with audio, you would think that this could be applied to video recording as well — but it isn't, and I think it's a missed opportunity. I'm hopeful the AirPods gain this feature in subsequent iOS 26 updates, just because it could replace my existing DJI Mic system that I use. Apple can certainly have a big impact if the AirPods could effectively act as wireless microphones when recording video with an iPhone. In fact, it would be even better if Apple comes up with a lanyard attachment that could attach an AirPod to your shirt. It could also make the audio better for interviews to break up the audio into two separate tracks since two AirPods would be used as an audio source. Given the popularity of the AirPods for music listening, they could also become game-changing with video recording. What's interesting is that you can technically use AirPods as a wireless mic with an iPhone, but only through third party camera apps like FiLMiC Pro and BlackMagic Camera. At the same time, I suspect that these camera apps wouldn't have access to the same 'studio-quality' audio recording. Hopefully Apple sees this big opportunity and takes the time to add it in time for iOS 26's final release presumably this fall with the iPhone 17 launch.
