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Apple, Visa power Wall St higher as roller-coaster week winds down [Financial Post (Toronto, Ontario, Canada)]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
week marked by wild gyrations on worries about aggressive rate hikes by the Federal Reserve and geopolitical tensions. Apple Inc shares jumped 5.7% after the iPhone maker reported blockbuster results and teased its metaverse ambitions. The stock was the single biggest contributor to the rally on the Nasdaq and the S&P 500. Beijing the first Winter Olympics host to rely entirely on artificial snow Advertisement Visa surged 8.3% after beating quarterly estimates as more international travel and e-commerce drove an increase in spending volumes. Advertisement Article content Six of the 11 major S&P sectors advanced, with technology sector jumping more than 2.6%. “The Apple growth story is plowing straight ahead and supply chain improvements potentially on the horizon is a major bullish data point not just for Apple, but the entire tech sector to digest this morning,” said Wedbush Securities analyst Daniel Ives. Meanwhile, Russian President Vladimir Putin said on Friday t
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