Consumer electronics giant Apple beat Wall Street's targets for its fiscal second quarter on strong iPhone and services sales...
Continue ReadingU.S. stocks closed sharply higher on Friday, with shares of Apple Inc rallying after upbeat results, while U.S. jobs data pointed to a resilient labor market. The U.S. Labor Department report showed job growth accelerated in April and wage gains increased solidly, suggesting the labor market has stayed strong despite recent interest rate hikes from the Federal Reserve. With the jobs report, "it's about the state of the U.S. economy, and what we saw today suggests it's in a better position than previously expected," said Kristina Hooper, chief global market Strategist at Invesco in New York...
Continue ReadingYahoo Finance Live discusses a surge in shares of Apple after the company's latest earnings report came in above investor expectations, bolstered by strengthened iPhone sales...
Continue ReadingEvery morning on "The Startup", Ed Ludlow brings viewers the top stories from the Bay Area and beyond as Silicon Valley starts its morning. On Friday, Ed discussed Apple's sales beat in their earnings report...
Continue Reading'Mad Money' host Jim Cramer talks the upcoming debt ceiling face off, the U.S. jobs report, and this weekend's Berkshire Hathaway annual meeting...
Continue ReadingThe one thing missing from Apple's earnings call? A sense of AI hype...
Continue Reading"I refuse to be shaken out of the world's best company by one errant component supplier, or a couple of joker-brokers," Jim Cramer said...
Continue ReadingU.S. stocks were up sharply Friday afternoon, with shares of Apple Inc rallying after upbeat results, while U.S. jobs data pointed to a resilient labor market...
Continue ReadingDividend increases are a reassuring announcement that shareholders can receive, indicating that business is sound. After all, if a company is struggling, why would it raise its dividend?...
Continue ReadingA gain in shares of the iPhone manufacturer on Friday created about $111 billion in value, more than GE's market capitalization...
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