Trending tickers: Nvidia, Berkeley, Games Workshop, Just Eat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 19 2024
0mins
Source: Yahoo Finance
Nvidia's Market Performance:
- Nvidia's stock has surged, gaining 175% year-to-date and overtaking Microsoft as the most valuable stock.
- The company's market cap surpassed $3.33 trillion with shares reaching over $135 each.
- Nvidia's growth is attributed to the rise in generative AI interest since late 2022.
- The company completed a 10-for-1 split and achieved a $1 trillion to $3 trillion market cap transition at record speed.
Berkeley's Financial Outlook:
- Berkeley reported a pre-tax profit decline but raised its earnings outlook by 5% to £525 million.
- The housebuilder plans to enter the private rental market to address property shortages in London.
- It aims to create 4,000 homes through a build-to-rent business across 17 brownfield sites.
Games Workshop's Profits:
- Games Workshop expects a significant increase in annual pre-tax profits to at least £200 million.
- The company saw a 17% growth in profits, with core revenues exceeding £490 million.
Just Eat's Partnership with Amazon:
- Just Eat partnered with Amazon in Germany, Austria, and Spain to offer free delivery for orders above €15.
- This collaboration marks the first between the two companies in Europe and is mutually beneficial.
Amazon's Expanding Services:
- Amazon extends its partnership with Grubhub, offering US customers access to Grubhub+ membership on its platform.
- Prime members can now enjoy no delivery fees from restaurants on Just Eat Takeaway.com, enhancing the value of Prime membership.
Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAPL is 299.69 USD with a low forecast of 230.00 USD and a high forecast of 350.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
32 Analyst Rating
19 Buy
11 Hold
2 Sell
Moderate Buy
Current: 248.350
Low
230.00
Averages
299.69
High
350.00
Current: 248.350
Low
230.00
Averages
299.69
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, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. 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 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.








