After Hours Most Active for Dec 31, 2024 : AAPL, LCID, NVDA, SOFI, SCZ, DYN, T, TFC, ALTM, PINS, NKE, CNQ
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2024
0mins
Source: NASDAQ.COM
NASDAQ 100 After Hours Performance: The NASDAQ 100 After Hours Indicator increased by 13.2 points to 21,025.37, with a total volume of 106,293,808 shares traded in the after-hours session.
Active Stocks Overview: Key active stocks included Apple Inc. (+0.17), NVIDIA Corporation (+0.15), and AT&T Inc. (+0.01), while several others remained unchanged, including Lucid Group and SoFi Technologies.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to fall
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 308.330
Low
239.00
Averages
306.89
High
350.00
Current: 308.330
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, Wearables, Home and Accessories. Its services include advertising, AppleCare, cloud services, digital content, and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its wearables include smartwatches, wireless headphones, and spatial computers. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Trade-In Value Increase: Apple has raised the trade-in values for several devices ahead of the Worldwide Developers Conference, with the iPhone 16 Pro Max increasing from $685 to $695, indicating confidence in upcoming product launches.
- iPad Trade-In Adjustments: The trade-in value for the iPad Pro has been raised from $670 to $690, and the iPad Air from $445 to $460, aiming to encourage consumers to upgrade and enhance market competitiveness.
- Mac Device Trade-In Changes: The trade-in value for the MacBook Pro increased from $685 to $690, while the iMac Pro decreased from $325 to $315, reflecting Apple's dynamic adjustments based on market demand to optimize inventory management.
- Smartwatch Trade-In Fluctuations: The trade-in value for the Apple Watch Ultra 2 rose from $295 to $305, although the Apple Watch Ultra dropped to $205 from $215, showcasing the complex competitive landscape in the smartwatch market.
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- Diversification Strategy: Jim Cramer emphasized the need for diversification even as artificial intelligence dominates the market, ensuring long-term stability in investment portfolios to mitigate risks associated with single-theme investments.
- Stock Recommendations: Cramer recommended four stocks for new members to buy, including Alphabet, Amazon, Apple, and Nvidia, all of which demonstrate strong growth potential, particularly in their AI-related businesses.
- Market Outlook: Despite challenges faced by Meta and Microsoft, Cramer remains cautiously optimistic about their future performance, suggesting that these companies could achieve breakthroughs in the evolving AI landscape.
- Emerging Investment Opportunities: Stocks like Arm Holdings and Broadcom are showing strong performance, particularly in the data center and AI chip sectors, reflecting robust market demand for related technologies, making them worth watching for long-term growth potential.
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- Competitor's Stance: Lamborghini CEO Stephan Winkelmann stated that canceling their all-electric plans was the right decision, emphasizing that each brand must determine its own strategy, reflecting a cautious approach to market acceptance of EVs.
- Design Controversy: The Luce, designed by former Apple design chief Jony Ive, features a minimalistic interior and a rounded exterior that starkly contrasts with traditional Ferrari aesthetics, leading to disappointment among fans who feel it strays from the brand's classic design ethos.
- Market Feedback: Criticism from former Ferrari executive Luca di Montezemolo and Italian Deputy Prime Minister Matteo Salvini highlights a divide in market acceptance, as they expressed concerns that the Luce's design does not align with Ferrari's brand image.
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- Strategic Shift Decision: Lamborghini CEO Stephan Winkelmann stated that the decision to cancel the all-electric vehicle plans in favor of plug-in hybrids was the right choice for the company, aimed at better aligning with market demands and customer preferences.
- Market Feedback Observation: Winkelmann noted that while the EV market is growing, the acceptance rate among their customer base has not significantly increased, prompting the company to abandon full-electric models to mitigate market risks.
- Competitor Reactions: Following Ferrari's launch of the all-electric Luce, the company faced severe investor backlash, with shares dropping approximately 8% in Milan and 5.3% in New York, indicating market concerns over electric models and a preference for traditional designs.
- Innovation and Market Adaptation: Winkelmann emphasized that innovation should be driven by market needs rather than mere novelty, and Lamborghini's strategic adjustment reflects a keen insight into customer demands, aiming to maintain the brand's core values.
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- Portfolio Risk Assessment: The current portfolio has approximately 47% exposure to AI and data centers, which, while considered risky in a diversified strategy, reflects a strong confidence in the explosive growth of data centers.
- Semiconductor Stock Recommendations: With a forward P/E ratio of about 10, Micron still has room to rise, and AMD, Marvell, and Intel are also recommended due to their strong performance in CPUs and GPUs, potentially driving investment returns further.
- Storage and AI Hardware Investments: In the storage sector, Sandisk, Seagate, and Western Digital remain noteworthy stocks, while Dell's competitiveness in the AI hardware market makes it an attractive investment choice, expected to continue its growth trajectory.
- Investment Strategy and Discipline: Despite the confidence in data center investment opportunities, Jim Cramer emphasizes maintaining responsible diversification in managing the charitable trust to avoid over-concentration in any single stock, thereby mitigating potential risks.
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- Hedge Fund Favoritism: Micron Technology has made it to Goldman Sachs' coveted Hedge Fund VIP list, indicating strong interest from professional traders in its data and storage chips, reflecting optimistic market expectations for future growth.
- Outstanding Market Performance: The VIP basket has risen 10% year-to-date, outperforming the S&P 500's 9% gain, suggesting that hedge fund investment strategies are excelling in the current market environment, thereby boosting investor confidence in Micron.
- Stock Surge: Micron's shares soared 19% on Tuesday alone, pushing its market value past $1 trillion for the first time, primarily driven by insatiable AI demand for its memory chips, showcasing the company's competitiveness in emerging technologies.
- Analyst Optimism: UBS has tripled its price target on Micron to $1,625, believing that the market will start to assign a more 'normal' multiple to the stock, indicating that it is likely to continue rising as structural changes driven by AI unfold.
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