Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10% Apple shares climbed 7% in extended trading on Thursday after the iPhone maker reported fiscal second-quarter earnings that topped estimates and announced an expanded stock buyback program. Apple announced that its boar...
Those results from Apple have rippled into Asia and Europe, with tech stocks rallying. US stock futures are higher too,poweredby Apple, following the S&P 500 and Nasdaq 100 both closing higher for the first time in three sessions. Oil prices are set for their biggest weekly decline since Feb...
He also highlighted Apple's focus on capital deployment, with the company consistently returning value to shareholders through dividends and stock buybacks, which have totaled hundreds of billions of dollars in recent years. Apple's nearest competitors in terms of market capitalization, Microsoft and...
Corteva was the best-performing stock in the S&P 500 on Thursday, with its shares up more than 18%. Still, the stock has fallen more than 16% in the past year. Shares of competitor FMC (FMC) were up 9%. Etsy Shares Soar as Board Adds Activist Investor February 01, 2024 02:31 PM ...
Apple stock has been an American success story several times over with the Mac, iPod, iPhone and other inventions. But is AAPL stock a buy?
There's no denying Apple (NASDAQ: AAPL) isn't quite the must-have stock it was when the iPhone was still relatively new. Although it's certainly still one of the market's most respectable prospects, the old spark simply isn't there. It happens.
AAPL Stock Chart & Stats Advanced Chart > $242.06 -$0.15(-0.06%) At close:Jan 094:00 PM EST Created with Highcharts 11.3.014 Oct21 Oct28 Oct4 Nov11 Nov18 Nov2 Dec9 Dec16 Dec30 Dec6 Jan$220$230$240$250$260$2700160M Day’s Range$0 - $0 ...
Apple Takes $14B Bite of its Stock via Buybackandygensler
Investors also turned to Apple as a safe haven during recent market uncertainty, thanks to its strong balance sheet and prodigious cash flow, which it uses to invest in new products, stock buybacks and to return capital to shareholders through dividends. Apple became the first publicly traded...
But investors didn't seem to mind Thursday, when Apple revealed the year-over-year drop in its fiscal second-quarterearnings report. The stock rose more than 6% after the market close, a rally that would be the steepest since November 2022 should it continue into regular trading Friday....