Apple: 'Make Way For MAGA' [Seeking Alpha]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Seeking Alpha
Summary Apple fans in Toronto queue for a new iPhone (via Business Insider ). Make Way For MAGA Over the weekend, after Facebook's ( FB ) crash last week, the Financial Times' West Coast editor, Richard Waters, suggested a new moniker for market leading tech companies to replace FAANG (Make Way For MAGA - paywalled here ): Wall Street loves Maga. That doesn't just refer to the tax-cutting, deregulating, market-boosting Make America Great Again agenda from the Trump White House. There is another MAGA causing stock market palpitations. It describers the narrower group of Big Tech companies leading the market higher: Microsoft [( MSFT )], Apple [( AAPL )], Google [( GOOG ), ( GOOGL )], and Amazon [( AMZN )]. Apple underlined Waters' point this week, first by announcing its best-ever June quarter on Tuesday, and then by hitting an all-time high on Wednesday, putting the stock within striking distance of a $1 trillion market cap. Seeking Alpha con
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