Dow Jones futures reversed from losses to turn sharply higher early Tuesday, along with S&P 500 futures and Nasdaq futures, amid falling oil prices early Tuesday ahead of a busy week of key earnings results. Tech giants Advanced Micro Devices and Alphabet prepare to report their results after the close. Meanwhile, the coronavirus stock market uptrend continued Monday with strong gains as the U.S. economy makes plans to reopen.
Bloomberg) -- Spain and France will give details on plans to ease lockdowns as Europe moves to loosen restrictions. The White House issued a strategy to expand U.S. testing, including partnering with retail chains, accelerating President Donald Trump’s push to reopen the economy.
Apple Inc.’s retail chief told staff that she expects the company to reopen “many more” of its retail stores in May after closing all locations outside of China in March due to Covid-19.
Deirdre O’Brien, vice president of retail and people, made the disclosure in a weekly video update, according to retail employees familiar with the matter. She didn’t specify which stores or regions, but said “we are continuing to analyze this health situation in every location, and I do expect we will reopen up many more stores in May.” The company declined to comment.
Apr. 22, 2020 3:25 PM ET|About: Apple Inc. (AAPL)|By: Brandy Betz, SA News Editor Ahead of the April 30 earnings report, Evercore ISI analyst Amit Daryanani expects Apple (AAPL +3.2%) to authorize $75-100B in buybacks and a 4-7% dividend increase, seeing it as a "logical decision given how attractive the current stock price is."
The analyst notes that in the two years since Apple announced its "net-cash neutral" plans, the company has returned 135% of FCF through buybacks and 20% through dividends.
Bernstein’s Toni Sacconaghi predicts the same authorization range for next week, seeing the current buyback model as sustainable through FY23.
Sacconaghi thinks Apple could add another three years to its buyback program if it took on net debt.
The analyst estimates a 5-6% EPS growth from "buybacks alone" for the next four to seven years.
Markets may appear to be staging a comeback from their March lows, but a look under the hood shows the rebound is far from being felt by all companies equally.
One fifth of the S&P 500’s market cap is accounted for by five big tech companies, marking the highest level of concentration for the index since the 2000 tech bubble, when equity market concentration stood at 18%, according to a note published by Goldman Sachs. Just before the coronavirus pandemic, the five companies—Microsoft (ticker: MSFT), Apple (AAPL), Amazon.com...
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5