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Stock Market Rally Dives On Coronavirus Fears, Apple, Microsoft, Facebook, Amazon Earnings: Weekly Review [Investor's Business Daily]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Related news The stock market rally suffered heavy losses this past week, with the Dow Jones, S&P 500 and Nasdaq composite all down hard, breaking decisively below their 50-day lines, along with many leading stocks. New coronavirus cases hit record highs in the U.S., while France and Germany are moving into partial lockdowns. Apple ( AAPL ), Microsoft ( MSFT ), Facebook ( FB ), Shopify ( SHOP ) and Amazon.com ( AMZN ) sold off after earnings, while Google parent Alphabet ( GOOGL ) rallied and Pinterest ( PINS ) skyrocketed. AMD ( AMD ) will buy Xilinx ( XLNX ) for $35 billion while Marvell Technology ( MRVL ) will acquire Inphi ( IPHI ) for $10 billion, both buyers bolstering their data center chip offerings. Investors judge a stock market rally on the major indexes and leading stocks. Well, the Dow Jones, S&P 500 and Nasdaq plunged through their 50-day lines and kept falling. As of Friday afternoon, the Nasdaq had tumbled 5.7%, the S&P 500 5.9% and the Dow 6.9% for the week. Leading
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