Apple shares edged lower in early Thursday trading, extending a move into correction territory for the world's second-largest tech stock, following a price target downgrade from Goldman Sachs analysts ahead of its December quarter earnings report later next week.

Key Takeaways Apple is set to report fiscal first-quarter results after the closing bell Thursday.Most analysts tracked by Visible Alpha have a "buy" or equivalent rating for the iPhone maker's stock,

Apple reports earnings for the holiday period, its fiscal Q1 2025. The company is seeing stagnating revenue growth, but the stock is doing well because of a rising valuation. That said, Warren Buffett has been selling his stake in the company.

Meta Platforms (META), and Microsoft (MSFT) are set to release their quarterly results today, Jan. 29. Apple (AAPL) will release its fiscal Q1 2025 earnings on Jan. 30 after the close of markets. Although the iPhone maker has been having a dismal year and was in a correction zone,

The release of DeepSeek’s cost-effective AI model sent shockwaves through the markets on Monday, hitting the technology sector, particularly AI and semiconductor stocks, hard. The Magnificent Seven stocks,

Apple (NASDAQ:AAPL) remains a top mega-cap tech stock investors focus a disproportionate amount of time on, for the explicit fact that this company is the largest holding for many investors. Given Apple's status as the most valuable company in the world,