Apple earnings send valuation back toward $1 trillion: Live blog

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Apple stock rises over 5% after earnings top estimates

Apple AAPL, -1.93% updated its investor-return program with its second-quarter report, and beat on earnings and with its forecast for the current quarter. The report was a relief for investors after Samsung and Google had some negative things to say about the premium smartphone market this week. Shares moved more than 5% higher in after-hours trading, pushing Apple toward a $1 trillion valuation again.

MarketWatch tech editor Jeremy C. Owens [@jowens510] and reporter Emily Bary [@emilybary] will live-blog the release of the results as well as the subsequent conference call, which is scheduled for 5 p.m. Eastern time.

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:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft market cap touches $1 trillion, pulls above AppleMicrosoft Corp's market value vaulted above the $1 trillion mark for the fi... Except they still can’t fucking simplify Word formatting
Source: Reuters - 🏆 2. / 97 Read more »

Strong Apple Earnings Could Push the Company Above $1 Trillion Once AgainAfter a big drop in 2018 and a furious rally to start 2019, Apple is once again closing on a $1 trillion market value. Apple’s earnings report could be the catalyst that puts it back over the top. No Huawei no competition
Source: MarketWatch - 🏆 3. / 97 Read more »

Wirecard lands $1 billion investment from Japan's SoftbankJapan's Softbank Group Corp will buy a 5.6 percent stake in Wirecard for ar...
Source: Reuters - 🏆 2. / 97 Read more »

Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 businessBoeing Co.'s commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes... $BA is not a stock which could grow.. Beautiful! 'Boeing's stock has gained 4.4% over the past three months through Tuesday, while the Dow Jones Industrial AverageDJIA+0.55% has gained 8.6%...'
Source: MarketWatch - 🏆 3. / 97 Read more »