New price target is still a 27% upside from the payment-tech company's Thursday closing price.
Google is investing 3 billion euros ($3.3 billion) to expand its data centers in Europe over the next two years and 'reskill the workforce for the new digital economy.'
A lot is going on. Here's how to think about the broader market and Apple.
As cloud giants digest some of their past investments in hardware and chips, they're still investing heavily in growing their data center capacity. That's ultimately a positive for data center REITs and chip suppliers with cloud exposure.
Apple's aggressive $4.99 price point and one-year free trial mean that TV+ is virtually guaranteed to be in the streaming rotation for many cord-cutters in the short-term, and buys it time to iterate in the long term.