Apple stock Dow Jones Futures Rise As Biden Touts Agenda Tax Hikes; Apple
Goldman admits it was wrong on Apple, upgrades stock Thu, 29 Apr 2021 07:00:00 -0700-Dow Jones futures: Apple, Facebook, Qualcomm jumped, among 14 stocks near buy points reporting. President Biden laid out his tax hike plans and agenda.
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Dow Jones Futures Rise As Biden Touts Agenda, Tax Hikes; Apple … Thu, 29 Apr 2021 07:00:00 -0700-Apple's strong performance over the last two quarters has forced Goldman Sachs to back away from its bear case on the stock. The tech giant reported blowout …
Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018.
Dado Ruvic | Reuters
Apple's strong performance over the last two quarters has forced Goldman Sachs to back away from its bear case on the stock.
The tech giant reported blowout results for its fiscal second quarter on Wednesday, with iPhone sales easily beating expectations and climbing more than 60% year over year. In response, Goldman analyst Rod Hall upgraded the stock to neutral from sell, saying that the strength of the flagship iPhone was undeniable.
– April 29, 2021