
Apple beats quarterly profit and sales estimates—led by record services revenue
Apple, which accounts for 7% of the S&P 500’s breadth, made $24.2 billion in profit during the first three months of 2023.
Apple, which accounts for 7% of the S&P 500’s breadth, made $24.2 billion in profit during the first three months of 2023.
Hourly workers at Jenny Craig could have already worked their last shift, according to an internal message to employees.
Amid reports of Vice Media preparing to file for bankruptcy, here’s a look at some of the momentous—and inglorious—milestones the maverick digital company has reached since it launched in 1994 as a street culture magazine in Montreal before exploding into a digital titan.
Joyce, who was appointed CEO in 2008, will be succeeded by the Group’s current chief financial officer, Vanessa Hudson.
Jamie Dimon, the CEO of the country’s largest bank, asserted last month it was “absurd” to suggest titans like JPMorgan would benefit from the collapse of several regional banks.
While regional banks struggle to hold onto deposits, and maintain net interest margins, Apple and Goldman’s new savings account is showing big inflows.
First Republic’s stock cratered on Friday, and is now down 98% from its 52-week high.
Spoiler alert: shareholders are losing their shirts. Blame a series of unusual gaffes, snafus and miscommunications.
The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.
“First Republic is still in the danger zone,” one analyst warned Tuesday.