Stocks rise at the open as Apple leads tech higher [MSN Money]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: MSN Money
© Provided by CNBC Stocks opened higher on Thursday as gains in Apple led tech shares higher. Load Error Apple rose more than 1 percent after analysts at J.P. Morgan initiated the stock with an overweight rating. The analysts see strong growth for Apple's services offerings, noting the company is transforming from a hardware company to a services company faster than investors had expected. Amazon, meanwhile, gained nearly 1 percent after Stifel hiked its price target on the stock to $2,525, implying a near 30 percent surge from Wednesday's close. The company is investing in a number of initiatives, including Prime, AWS, India, logistics, video content, and Alexa, which will limit the opportunity for near-term margin expansion, Stifel said. Facebook, Alphabet and Twitter also traded higher, lifting the broader tech space and the overall equity market. Thursday's gains come as investors digest the Federal Reserve's latest decision on monetary policy. The cent
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website