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Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data /
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2024-05-06 06:03:38

Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data on Nostr: Apple's Biggest Fan Cuts Stake Despite Stock Buyback; Disney Reports Quarterly ...

Apple's Biggest Fan Cuts Stake Despite Stock Buyback; Disney Reports Quarterly Earnings Amidst Proxy Fight Victory and Apple Event
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#10d0212a ver:1.02

Despite Apple's announcement of a $110 billion stock buyback program and better-than-feared Q2 earnings, Berkshire Hathaway, Apple's biggest fan, has cut its stake in the company by 13%. The US Federal Reserve's weaker-than-expected jobs report has sparked hopes of an interest rate cut, leading to a positive market response. The week ahead on Wall Street will focus on Apple's special iPad event and earnings reports from major companies. US Q1 earnings have been decent, with 79% of S&P 500 companies beating expectations. #Apple #BerkshireHathaway #stockbuyback #earnings #Fed #interestratecut...

#newstr #Disney #Apple #UsStockMarket #FederalReserve #UnemploymentRate #WageGrowth #TechnologyCompanies #EarningsReports #BerkshireHathaway #StockBuyback #Q2Results #GoogleAntitrustCase #RatesensitiveTechStocks #Amgen #EconomicEvents

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