To The Moon

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CFO suggests that sales growth will slow overall and in the hot services sector, sending shares lower in after-hours trading despite stunning beat in earnings and iPhone sales. Apple racked up nearly $40 billion in iPhone sales last quarter. BLOOMBERG NEWS. Apple reported its strongest June quarter ever on Tuesday, with a near doubling of its profits and a whopping iPhone beat— iPhone revenue surpassed Wall Street’s expectations by a stunning $5 billion. But the celebration came to a crashing ha

The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th