Markets

Confidence ‘has never been higher’ : Here’s what 4 Wall Street banks had to say about Apple’s fiscal 4th-quarter earnings

While investors balked at Apple’s worse-than-expected quarterly iPhone sales, analysts are looking past the September quarter and largely optimistic toward the company’s future. The tech giant reported revenue and earnings on Thursday afternoon that beat estimates, but its stock tumbled as phone sales disappointed shareholders. Analysts at major banks praised […]
Confidence ‘has never been higher’ : Here’s what 4 Wall Street banks had to say about Apple’s fiscal 4th-quarter earnings
Markets

UPS leaps 11% after soaring delivery demand fuels earnings beat

UPS beat estimates for second-quarter revenue and profits on Thursday as the coronavirus pandemic boosted domestic deliveries. Demand in Asia and strong healthcare shipping activity also fuelled the earnings win, CEO Carol Tomé said. The company refrained from providing forward guidance, citing ongoing uncertainties surrounding the pandemic. Shares rallied as […]
UPS leaps 11% after soaring delivery demand fuels earnings beat