All eyes were on Apple after the bell. Earnings came in just after 4:30 pm and the technology company beat on both revenue and earnings per share.
Apple reported earnings of $3.89 versus estimates of $3.86, and revenue was reported at $88.3 billion versus estimates of $87.3 billion. Tim Cook said, "iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped."
The company also reported a record $285.1 billion in cash reserves.
What's happening on Wall Street July 11, 2023
We hit the streets of New York City to ask: is money something you talk about with friends and family?
We hit the streets of New York City to ask: is money something you talk about with friends and family?
Clint Henderson, managing editor at The Points Guy, explains why hidden hotel fees keep cropping up and what you can do to try to avoid them.
Cities across the U.S. offer free public transportation.
The cost of the first-class “forever” stamps has jumped from 63 to 66 cents.
Want to earn more money? Investopedia editor Caleb Silver has good news if you're looking to rake in more cash.
Starbucks union organizers are asking customers to help organize pickets at non-unionized U.S. stores.
Here is a rundown of the trending stories in the business world this week.
Amazon's annual Prime Day event will kick off tomorrow.
