Apple CEO Tim Cook delivers the keynote address during the Apple 2020 World Developers Conference (WWDC) at the Steve Jobs Theater in Cupertino, California. Brooks Kraft / Apple Inc / Brochure via Reuters Apple buys many smaller companies and doesn’t talk about what it plans to do with them. However, …
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Bulls in the stock market are giddy. What is there no to be happy: the stock market mostly goes up, and making money seems easy. While newly minted investors focus on accumulating small, speculative stocks, institutions hide in large-cap tech stocks. For prudent investors, now is the time to understand …
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Apple’s decision to split its shares was made to help make investors more accessible, CNBC’s Jim Cramer said Friday, referring to a conversation he had with its CEO, Tim Cook. “I think Apple is making the right decision. Tim said to me last night, ‘Hey, I want more people in …
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US consumer spending increased for the second consecutive month in June, setting consumption for a rebound in the third quarter, although the recovery could be limited by a resurgence in the Covid-19 cases and the end of expanded unemployment benefits. The Commerce Department said on Friday that consumer spending, which …
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Six years after Apple had its latest division, the company has announced that a four-to-one stock split will be held on August 24. Apple’s Board of Directors approved a four-for-one stock split, “to make stocks more accessible to a broader investor base,” the company says. Each registered Apple shareholder at …
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