Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets [Yahoo! Finance]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance
As of May 7, 424 companies in the S&P 500 have disclosed their earnings, with 78% surpassing earnings expectations and 61% exceeding revenue forecasts. The S&P 500 continued its upward trend, marking its third consecutive week of gains and nearly recouping losses from April, while the Dow Jones boasted eight consecutive sessions in the green. Notably, the utilities sector, as tracked by the Utilities Select Sector SPDR Fund (NYSE: XLU ), has emerged as the star performer of 2024, outstripping energy and doubling the tech sector's performance, with some analysts attributing the outperformance to heightened power demand from data centers. Concerns surfaced regarding a potential job market slowdown following unexpectedly high weekly jobless claims. The figure reached its highest level in eight months. The University of Michigan's Consumer Sentiment report revealed a sharper-than-expected dip in May, along with a worrying rise in inflation expectations. Investors are now fully
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AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/17/24 - Form 4
- 5/14/24 - Form 4
- 5/3/24 - Form 8-K
- AAPL's page on the SEC website