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Apple's Q2 Earnings Beat Wall Street Forecast, Company Announces Huge Buyback

Apple's Q2 Earnings Beat Wall Street Forecast, Company Announces Huge Buyback

Apple Inc (NASDAQ: ) rose more than 7% in after-hours trading following the release of its Q2 earnings report. For the quarter ended Mar. 30, the company announced of $1.53 per share on revenue of $90.8 billion. Analysts polled by Investing.com had anticipated EPS of $1.5 on revenue of $90.32B. In greater China, a key market for the iPhone maker, sales fell 8% to $16.37B, amid rising competition from smartphone rivals in the country. But that was less bad than feared as analysts had forecast revenue in China falling to $15.25B. iPhone revenue, which makes up about half of total revenue,...

May 2
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Cannabis Stocks Rise as DOJ Moves to Reclassify Marijuana as a Less Dangerous Drug

Cannabis Stocks Rise as DOJ Moves to Reclassify Marijuana as a Less Dangerous Drug

Cannabis stocks surged on Tuesday after the U.S. Department of Justice (DOJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed pot stocks Tilray (TSX: TLRY) (NASDAQ: ), Canopy Growth (TSX: WEED) (NASDAQ: ) and Cronos Group (TSX: CRON) (NASDAQ: ) rose between 14.9% and 67.7%, while AdvisorShares Pure U.S. Cannabis ETF (NYSEArca: MSOS) soared 24.8%. Canadian-listed U.S. multi-state operators (MSOs) Trulieve (CSE: TRUL) (OTCQX: TCNNF) and Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) were also up 26.6% and 37.3%, respectively. Cannabis firms are taxed under section 280E...

Apr 30
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AMD Q3 results top estimates, but revenue guidance falls short By Investing.com

AMD Q3 results top estimates, but revenue guidance falls short By Investing.com

AuthorYasin EbrahimStock Markets3 AMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com – Advanced Micro Devices reported Tuesday better-than-expected third-quarter results, but the chipmaker also delivered softer current-quarter guidance as slowing sales in its gaming sector and softer demand in embedded markets are expected to weigh. Advanced Micro Devices (NASDAQ:) shares fell more than 4% in after-hours trade following the report.AMD  adjusted EPS $0.70 on revenue of $5.80 billion. Analysts polled by...

Oct 31
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Oil down 2nd day in row, poised for huge October loss By Investing.com

Oil down 2nd day in row, poised for huge October loss By Investing.com

AuthorBarani KrishnanCommodities8 LCO+0.30%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseCL+0.21%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge against the Israel-Hamas war discovered to their disappointment that the rest of the market wasn’t prepared to assign a war risk premium to a trade simply unaffected by the...

Oct 31
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Wall St closes higher on eve of Fed decision; investors assess earnings By Reuters

Wall St closes higher on eve of Fed decision; investors assess earnings By Reuters

Economy19 NDX+0.52%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseUS500+0.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDJI+0.38%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseCAT-6.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseAMGN-2.85%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseNVDA-0.93%Add to WatchlistAdd PositionPosition added successfully...

Oct 31
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1 Stock to Buy, 1 Stock to Sell This Week: McDonald’s, AMD | Investing.com

1 Stock to Buy, 1 Stock to Sell This Week: McDonald’s, AMD | Investing.com

By Investing.comStock Marketswww.investing.com/analysis/1-stock-to-buy-1-stock-to-sell-this-week-mcdonalds-amd-2006431251 Stock to Buy, 1 Stock to Sell This Week: McDonald’s, AMDBy Investing.com   |  Oct 29, 2023 07:43AM ET6 MCD+0.78%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseAMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseStocks on Wall Street closed mostly lower on Friday to cap off another losing week as investors digested the latest round of corporate earnings...

Oct 29
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S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect Next | Investing.com

S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect Next | Investing.com

By Michael KramerStock Marketswww.investing.com/analysis/sp-500-sets-sights-on-4200-amid-easing-volatility-what-to-expect-next-200643172S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect NextBy Michael Kramer   |  Oct 31, 2023 03:27AM ET4 US500+0.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDX+0.59%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseTSLA+1.76%Add to WatchlistAdd PositionPosition added successfully to: + Add another...

Oct 31
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U.S. adds 150,000 jobs in October, less than expected By Investing.com

U.S. adds 150,000 jobs in October, less than expected By Investing.com

AuthorScott KanowskyEconomic Indicators19 SCHW+2.89%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseUS10Y...-2.91%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com -- U.S. job growth slowed sharply in October, possibly boosting expectations that the Federal Reserve may hold off on any further interest rate hikes this year.The closely-watched from the Labor Department's Bureau of Labor Statistics (BLS) showed that employers in the world's largest economy added 150,000 jobs during the...

Nov 3
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Apple falls as soft holiday quarter outlook outweighs earnings beat; brokerages lower numbers By Investing.com

Apple falls as soft holiday quarter outlook outweighs earnings beat; brokerages lower numbers By Investing.com

AuthorYasin EbrahimEditorHari GStock Markets21 AAPL-1.42%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Apple Inc. (NASDAQ:) reported fiscal fourth quarter results that topped Wall Street estimates as better-than-expected services revenue boosted results.While Apple was down modestly in after-hours trading on Thursday, losses accelerated after Apple's CFO Luca Maestri issued a soft sales outlook for the holiday quarter on the earnings call.Apple stock was down 3.3% at 05:45 EDT (09:45 GMT).The company earnings per share of...

Nov 2
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BofA Issues New Price Target on Reddit Stock Following $750 Million IPO

BofA Issues New Price Target on Reddit Stock Following $750 Million IPO

Reddit (NYSE: RDDT) went public in a much-anticipated initial public offering (IPO) on March 21, 2024. The social media company priced its shares at $34 per share, the top of its expected range. This valued Reddit at roughly $6.5 billion, though it fell short of its $10 billion valuation in 2021. Despite this, the IPO was seen as a success, with Reddit raising around $750 million and its stock price surging on its debut day. This strong performance was seen as a positive sign for the industry. Over the last month, Reddit shares have risen just over 5%. They are currently trading at above...

May 6
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Barani Krishnan

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Calogero Selvaggio

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Francesco Casarella

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Günay Caymaz

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Jesse Cohen

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Senad Karaahmetovic

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Yasin Ebrahim

Yasin Ebrahim

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