US stock futures sink with payrolls in focus; Apple earnings spark little joy

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

US stock futures sink with payrolls in focus; Apple earnings spark little joy

Investing.com-- U.S. stock index futures fell in evening deals on Thursday, extending losses from a sharp drop on Wall Street as concerns over slowing economic growth remained in play before key nonfarm payrolls data.) clocked disappointing quarterly prints and offered a middling outlook. Apple’s shares also barely rose after the earnings, with the technology sector seeing extended losses in aftermarket trade.Shares of the Cupertino, California-based tech giant rose 0.

Still, the company is expected to log stronger iPhone sales in the coming quarters, especially as it gears up to incorporate a slew of artificial intelligence features in its devices. Its upcoming iPhone 16 model is also expected to spark a device upgrade cycle.was the worst performer among major technology stocks, sinking nearly 19% after the bell as its June quarter earnings missed estimates. The company suspended its dividend and said it will cut 15% of its jobs as part of a turnaround plan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines