Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
Read More »
Qualcomm Inc.’s share price surpassed its previous high of $ 100 set two decades ago on Thursday after the chipmaker revealed that it resolved a license dispute with the world’s largest smartphone maker, clearing the way for as the new 5G standard is implemented. Qualcomm QCOM, + 15.46% The shares …
Read More »
Teladoc reported after the closing bell on Wednesday that its revenue soared 85%, beating Wall Street forecasts. And the number of virtual visits to the doctor on the company’s platform tripled, to almost 2.8 million. Actions of Teladoc (TDOC) It was up 4% on the news on Thursday. The stock …
Read More »
The king of macaroni and cheese and ketchup reported sales and profits that exceeded expectations on Thursday. The company posted solid sales profits in its retail business in the United States, citing strong consumer demand due to the Covid-19 outbreak. Still, the actions of Kraft Heinz (KHC) It fell 6% …
Read More »
US stocks traded lower on Thursday, chased by economic reports that showed the sharpest decline in GDP recorded in the second quarter and a weekly report of jobless claims suggesting that the rebound of the pandemic is losing steam. amid a further increase in COVID-19 cases. Lack of progress in …
Read More »