Markets today: Tech powers stocks hours away from Apple's results [BNN Bloomberg (Canada)]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations:
investor.apple.com
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Source: BNN Bloomberg
Equities halted a two-day slide, with Apple pacing gains in megacaps. Wall Street analysts expect the iPhone maker to announce a stock buyback, following the steps of fellow big techs Alphabet Inc. and Meta Platforms Inc. Any news related to artificial-intelligence features could provide additional excitement. In the run-up to the monthly employment data, data showed U.S. labour costs jumped the most in a year as productivity gains slowed, potentially adding to risks inflation will remain elevated. Economists surveyed by Bloomberg forecast a 240,000 gain in nonfarm payrolls, which would be the slowest pace since November. The figures have topped forecasts in recent months. The U.S. Federal Reserve decided Wednesday to leave the target range for the benchmark rate at 5.25 per cent to 5.5 per cent following a slew of data that pointed to lingering price pressures. Jerome Powell said it's unlikely that the Fed's next move would be to raise rates. The S&P 500 topped 5,050. The Nasd
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AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/14/24 - Form 4
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- AAPL's page on the SEC website