Major news organizations are joining the growing chorus of companies pushing for more favorable terms in Apple Inc.’s App Store, a crucial link to new digital customers. In a letter to Apple CEO Tim Cook on Thursday, a retailer representing the New York Times, the Washington Post, The Wall Street …
Read More »Apple, Tesla stock splits could encourage others
Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
Read More »Apple Inc. shares rise Friday, outperform the market
Shares of Apple Inc. AAPL, + 10.46% it jumped 10.47% to $ 425.04 on Friday, in what turned out to be a positive trading session for the stock market, with the NASDAQ Composite Index COMP, + 1.48% increasing 1.49% to 10,745.27 and the DIA Jones Industrial Average DJIA, + 0.43% …
Read More »Nasdaq Composite kicks off latest trade in July on the upside as tech gains boost stocks, but concerns persist about coronavirus stimulus bill
US stocks opened higher on Friday morning on the last day of July after Apple and Amazon made strong gains and Alphabet and Facebook, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase in coronavirus cases and the disappointing labor …
Read More »Apple reports earnings tomorrow. This is what to expect.
Text size Street’s consensus is $ 52.1 billion in revenue and profit of $ 2.09 per share. Justin Sullivan / Getty Images This could be the quarter that Apple‘s earnings don’t really matter. Well, okay, they matter. But the truth is that Apple investors (ticker: AAPL) are uniquely focused on …
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