Apple (AAPL) reported fiscal fourth-quarter earnings after market close on Thursday that topped expectations, with sales from the company’s services offerings and Mac computers hitting quarterly records. However, shares traded lower by more than 3% immediately following the report, as investors focused on a worse-than-expected drop in iPhone sales during the third quarter, and a steep decline in sales in China. The results came just weeks following Apple’s highly anticipated unveiling of… Source link
Read More »Stock futures rise after Dow’s worst drop in nearly two months
TipRanks 3 Big Dividend Stocks Yielding Over 7%; JMP Says ‘Buy’ With markets showing volatile movements in recent sessions – down one day, up the next – some of Wall Street’s analysts are showing a renewed interest in high-yield dividends. Not that they have ever shied away from these steady income generators; rather, the market boom of this past summer led the Street to focus on share appreciation as the source of profits. Market fluctuations since early September have analysts and… Source link
Read More »Alphabet sales drop for first time on Google ad cutbacks in pandemic | News
Thursday, July 30, 2020 4:24 p.m. EDT by Thomson Reuters By Paresh Dave and Munsif Vengattil OAKLAND, Calif./BENGALURU (Reuters) – Google parent Alphabet Inc’s quarterly sales fell for the first time in its 16 years as a public company, but the decline was less than expected as many advertisers stuck with the most popular online search engine during the pandemic. Shares of Alphabet fell 1.2% to $1,518.85 after it released the… Source link
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