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The first quarter Apple earnings report was mixed. While revenue grew, iPhone sales plummeted dramatically. That’s a worrying sign for consumer strength and the stock market. Apple’s Thursday earnings report was a mixed bag of clues to the health of the broader stock market. On the one hand, Apple marked $58.3 billion in first-quarter revenue.…
This week will be an earnings report extravaganza. Stock market bulls are hoping for earnings beats. But what good is beating the dire forecasts? Stock market benchmarks ticked higher Monday ahead of a deluge of quarter one earnings reports. Equities extended a modest four-day rally as the first states prepared to relax coronavirus restrictions. Markets…
With Tesla trading near record highs, is the stock getting ahead of itself? The recent run-up means Tesla shares are “priced for perfection” and could fall if the company fails to live up to expectations. As uncertainty remains, investors may decide to take profits ahead of earnings on Jan. 29. In recent weeks, Tesla (NASDAQ:TSLA)…
