Apple Rally Helps Boost Equity Markets as Traders Parse Jobs Report...

Apple reports better-than-estimated earnings and expands its buyback program by $110 billion, Amgen ‘very encouraged’ by preliminary data from a trial of a weight-loss drug, and Expedia reduces its sales outlook for the year...

CUPERTINO, Calif., May 03, 2024 (GLOBE NEWSWIRE) -- Apple Inc. has released the following notice: A Federal Court authorized this Notice. This is not a solicitation from a lawyer. TO: ALL PERSONS OR ENTITIES WHO OR WHICH HELD SHARES OF APPLE INC. (“APPLE” OR THE “COMPANY”) COMMON STOCK AS OF THE CLOSE OF TRADING ON APRIL 29, 2024. THIS NOTICE RELATES TO THE PENDENCY AND PROPOSED SETTLEMENT OF SHAREHOLDER DERIVATIVE LITIGATION. PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. IF YOU ARE A C...

US equity markets (^DJI, ^IXIC, ^GSPC) hold onto the gains it started Friday's session with, the Dow Jones Industrial Average closing 450 points higher and the Nasdaq Composite just shy of a 2% intraday gain. Market Domination Overtime's Julie Hyman looks back on the day's market performance on the backdrop of this morning's cooler-than-anticipated jobs report for the month of April and Apple's (AAPL) $110 billion share buyback program it announced after reporting fiscal second-quarter earnings this week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan...

Wall Street analysts are raising their price targets on Apple (APPL) shares after the tech giant exceeded earnings expectations and announced the authorization of a $110 billion share buyback program. Analysts, however, are mixed over Apple's generative artificial intelligence initiatives, as the company has not clearly communicated the specifics of its AI strategy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl...

Equities Higher Amid Apple Rally as Traders Parse Jobs Data...

We've seen many positive quarterly prints so far into the Q1 earnings cycle, including record-breaking numbers from these three companies...

Technology giant Apple Inc (NASDAQ:AAPL) reported second-quarter financial results that saw revenue and earnings per share beat Street estimates. Analysts have responded to Apple’s results, updated guidance, increased dividend, and the announcement of a $110 billion buyback. The Apple Analysts: Bank of America analyst Wamsi Mohan has a Buy rating and raises the price target from $225 to $230. Goldman Sachs analyst Michael Ng has a Buy rating and $226 price target. Keybanc analyst Brandon Nispel...