Tag AAPL

Apple's March quarter earnings, due later this week, could prove crucial for market direction heading into the summer months as investors look through the failure of First Republic and increasingly discount the chances of further Fed rate hikes beyond Wednesday's policy meeting in Washington. U.S. stocks, which had one of the strongest pre-earnings advances on record, are now on pace for their highest close of the year following a set of mixed earnings from big tech names such as Amazon , Microsoft , Meta Platforms and Google last week and the relatively clean wind-down of First Republic over the weekend. A mixed March inflation report from the Bureau of Economic Analysis Friday, which showed moderating headline price pressure with stubbornly high levels at the core, did little to alert market expectations on the Fed's next move, as traders continue to price in at least a 93% chance of a 25 basis point rate hike, which would take the Fed Funds rate to a range of between 5% and 5.25%, a level that is likely to remain in place until November...

Apple's (AAPL) second-quarter fiscal 2023 earnings are likely to have suffered from challenging macroeconomic conditions, unfavorable forex and low smartphone demand...

Investing.com -- The dow closed lower Monday as investors were reluctant to make big moves in either direction ahead of the Federal Reserve decision later this week and weighed the government takeover and sale of First Republic to JPMorgan...

The Dow Jones rose Monday morning, as JPMorgan Chase bought failed First Republic Bank. FRC stock crashed 45%...

UBS analyst David Vogt and BofA Global Research's Wamsi Mohan say consensus estimates for Apple iPhone sales are too high, considering recent weakness...

The point is the slowdown in earnings growth we are seeing has long been anticipated...

Apple's iPhone revenue should hold up on Chinese demand and higher selling prices, according to Wedbush's Daniel Ives...

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