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In a report published yesterday, mike ng of Goldman Sachs maintained a buy rating on Apple (AAPL – Research report). Shares of the company closed yesterday at $165.79. According TipRanksNg is an analyst with an average return of -18.7% and a success rate of 33.65%. Ng covers the technology sector, focusing on stocks such as … Read more
Katie Cotton, who as Apple’s longtime communications chief guarded media access to Steve Jobs, the company’s visionary co-founder, and helped organize the introduction of many of his products, died on April 6 in Redwood City, California. She was 57 years old. Her death, in a hospital, was confirmed by Michael Mimeles, her ex-husband. He did … Read more
Shares of Coinbase Inc. and Block Inc. rose in late trading after the two crypto-focused companies surprised earnings and revenue for their quarters that ended March 31. Coinbase posted a loss per share of 34 cents on revenue of $736 million. Revenue was down 33% from the same quarter last year, but up 22% from … Read more
Understanding US Bank Assets and Liabilities The US banking industry has more than 4,000 FDIC-insured banks that play a crucial role in the country’s economy by securely storing deposits and providing credit in the form of loans. This infographic visualizes all of the deposits, loans, and other assets and liabilities that make up the collective … Read more
Credit: Images by Getty Images; Artwork by Issiah Davis/Bankrate If you are looking to invest $100,000, you are in a good position. Combine this nest egg with the power of time and you could be looking at real financial security in the future. In fact, over time, you could turn that money into a million … Read more
Thursday, Apple shared its second quarter 2023 earnings report with revenue of $94.8 billion, down 3% year-over-year. Yet CEO Tim Cook insists that mass layoffs are not part of Apple’s current plans. He reiterated today that he sees the job cuts as a ‘last resort’. Apple CEO says layoffs not an option While tech giants … Read more