FILE PHOTO: The Apple logo is displayed at an event at its headquarters in Cupertino, California, USA, September 10, 2019. REUTERS / Stephen Lam (Reuters) – Apple Inc (AAPL.O) Shares hit a record high on Friday after reporting highly successful quarterly results, which helped the iPhone maker briefly outpace Saudi …
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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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Stock index futures were aiming for a higher start for Wall Street on the last day of July on Friday after Apple and Amazon made windfall profits and Facebook and Alphabet, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase …
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The numbers: Americans increased spending on a variety of goods and services in June as more people returned to work and massive infusions of government aid flowed through the economy, but progress appears to have slowed lately after a recent surge in coronavirus cases. Personal spending rose 5.6% in June, …
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That was a great performance for America’s tech giants. Google parent Alphabet GOOG, + 0.62% It beat earnings and revenue expectations, though the search giant’s annual revenue fell. What the four benefit from is that their products and services can be used from home, and increasingly in the absence of …
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