AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO
Apple Inc.‘s (NASDAQ:AAPL) valuation has officially shattered records, trading at an unprecedented 11 times its sales revenue just as CEO Tim Cook prepares to oversee his final earnings report.
The technology behemoth touched an intraday all-time high of $334.99 on Friday,
Read MoreIran war: Look beyond stocks to understand state of economy, experts say
The US-Israel war on Iran is escalating again and oil prices are on the rise, but experts say the real clues to the state of the economy lie beyond indices and those price points.
“The markets have been somewhat quiescent in the last month or two, but have changed since the war in Iran began,” said Michael Klein,
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Read MoreThe Federal Reserve's not-quite-as-independent independence
A federal case
I remember once a long time ago somebody telling me that the Federal Reserve was incredibly powerful. That the central bank’s officials could and did tilt the scales for or against politicians. If they didn’t like a president, they could raise rates. If they wanted an incumbent to stay incumbent,
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Read MoreTrump’s new tariffs called ‘illegal and obviously desperate.’ Live trade war updates here.
‘It’s an absurd and deeply frustrating escalation’: CEO, Wine Growers BC on latest U.S. tariffs
‘I think that the PM is trying hard not to give too much oxygen to what Trump is saying’: Turnbull
CTV National News: Canada-U.S.
The Burst
Market Commentary: What’s Inside Buffett’s Portfolio?
In its latest 13F filing, Berkshire Hathaway bought and sold some stocks that paint a clear picture of what Buffett thinks the future of the economy will look like. Some old favorites he left untouched while others he sold off with abandon. Yet other stocks, he accumulated in spades.
What is Buffett buying and selling now?
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Read MoreThe Ivy
Will Zoom Beat The Market In Next 5 Years?
When the world needed to connect from home, Zoom didn’t disappoint. The video conferencing providers saw numbers skyrocket from 10 million in December 2019 to over 300 million in April 2020. Rocket-ship like growth highlighted Zoom’s capacity to scale and investors couldn’t buy enough of it.
Since then the stock has languished but maybe that’s about to change?
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