With Apple setting the tone, the stock market rose until Wednesday, buoyed by a series of fairly upbeat earnings reports. They included:
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Exxon Mobil’s disclosure that, thanks to soaring oil and gas prices, it had earned the most profit in seven years.
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The declaration by Starbucks that it had raised prices and would keep doing so. “We have additional pricing actions planned through the balance of this year, which play an important role to mitigate cost pressures including inflation,”…
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