Retail investors are turning cautious on Apple ahead of its quarterly earnings report due out after the close Thursday, even as the iPhone maker hit a historic $4 trillion market valuation, JPMorgan said. Apple was the only stock in the " Magnificent 7 " megacap tech group to see net selling from individual investors over the past week, according to JPMorgan's retail flow data through Wednesday. Retail traders offloaded about $281 million worth of Apple shares, a sharp contrast from heavy buying in other big tech names. Microsoft led the inflows with $574 million of retail purchases, followed by Nvidia ($478 million), Meta Platforms ($386 million), Alphabet at ($328 million in combined share classes), Tesla ($267 million) and Amazon ($22 million). Apple's retail outflows came even as the T
Retail traders bail on Apple ahead of earnings despite $4 trillion milestone
CNBC Stock Market5 hrs ago
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