To The Moon

The Dow Jones Industrial Averageclosed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.Lifted by $Apple$ Inc, the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.$Investors$ were awaiting a mor

(May 4) Nasdaq drops nearly 2% as tech shares lead losses. Apple, NVDA, Paypal fell more than3%.

Not only didApplesmash first-quarter profit forecasts, it just broke past another S&P 500 threshold: cash. The problem is the company can't get rid of it fast enough — which is costing investors.The tech sector giant ended the three months ended in March 2021 with cash and investments of $204 billion. That's up nearly 5% in a month and keeps Apple No. 1, by far, in the S&P 500 in terms of cash on hand. Google parentAlphabet in the communications services sector is a distant No. 2 with $160 billi

Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65

Amazon.com Inc. (NASDAQ: AMZN) has announced investments in nine new renewable energy projects acros

When everything is going swimmingly, even a little bad news can go a long way. This past week the st

Here's a hint: It's not because Intel reported great news.What happenedShares of rising Intel (NASDA