The rise of the giant fund: How companies like BlackRock and State Street are taking over Wall Street
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Apple sales fall less than expected, beating Wall Street estimates
Apple, Inc. posted a year-over-year decline in revenue in its fiscal second-quarter earnings report after the bell on Thursday but still beat Wall Street's expectations. The tech giant's sales fell 4.3% from the prior year, coming in at $90.75 billion. Analysts anticipated $90.01 billion. IPhone sales fell 10.5% to $45.96 billion, in line with expectations. Apple executives said in February the previous year's fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the...
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Top Wall Street analysts favor these 3 stocks for their growth potential
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.
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Microsoft results top Wall Street targets, driven by AI investment
Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company's shares jumped more than 4% in extended trade. Executives forecast ranges for current quarter cloud revenue that were mostly above Wall Street targets. The rise in Microsoft shares after the bell lifted the company's stock market value by $128 billion as profit and revenue growth overshadowed its...