Jennifer Newstead

October 16, 2026

Apple's iPhone Duo Backorders Surge Amid Soft iPhone 18 Demand. Apple reported that pre‑orders for its new iPhone Duo have created backorders extending to 2027, showing strong demand for the model. Analysts suggest this enthusiasm could help offset reports of softer demand for the upcoming iPhone 18. The development appears while broader tech stocks fell in the afternoon, yet Apple remains a top performer among the Magnificent 7 group. The stock currently trades above its $308.52 support level with an RSI near 61.

October 17, 2026

Mizuho Maintains Outperform on Emerson Electric, Raises Target. Mizuho maintained its Outperform rating on Emerson Electric and raised its price target to $180, showing continued analyst support. This action reflects the broader bullish Wall Street sentiment surrounding the company. In the wider industrial sector, peer firms like Eaton and Dover are also drawing attention as market participants evaluate their respective positions.

October 17, 2026

Meta noted for app marketing edge and upcoming earnings outlook. A founder of a $13k monthly recurring revenue app said Meta’s advertising platform outperforms TikTok for app promotion. Analysts are also estimating how Meta’s stock may move after its upcoming earnings report. Both items highlight continued focus on Meta’s ad business and the relevance of its quarterly results.