These are just a few of the companies whose debt was absorbed by the Federal Reserve in mid-June, part of the central bank’s unprecedented intervention in credit markets. CNN’s parent company AT&T is another. What’s Happening: The Fed revealed hundreds of millions of dollars in purchases of individual corporate bonds …
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Apple (AAPL) – Get report It will try to offset the higher manufacturing costs for this year’s iPhones by shipping them without a pair of accessories that come with current models, according to analyst Ming-Chi Kuo’s latest report. Kuo, who has a good (albeit not perfect) track record when it …
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Micron technology (MU) – Get report it rose Monday after hours after the chipmaker reported fiscal third-quarter results above expectations. For the quarter ended May 28, the Boise, Idaho company reported earnings of 71 cents a share, or 82 adjusted cents, compared to 74 cents in the prior-year quarter. Revenue …
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The chasm between the Nasdaq Compound and its rival benchmarks in the first half of 2020 has been very similar between Olympic sprinter Usain Bolt and everyone else in the world. The tech-laden index has enjoyed a growing advantage between itself and the Dow Jones Industrial Average USA: DJIA and …
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Nikola Nikola Corp. rose as much as 7% on Monday after the company opened reservations for its electric van, Badger. Nikola set the reserve price for his truck at $ 5,000, which includes a ticket to Nikola World 2020, an event in December that will mark the official unveiling of …
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