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At least three Wall Street analysts raised their price targets for the company after the report.
Erwin Sanft of E Funds Management explains why he is "positive" on financials and cyclicals in China now.
J.P. Morgan reiterates its overweight rating for Webster Financial shares, predicting the bank will generate earnings per share above expectations next year.
Investors will be looking for a share price of $207.05 to hit the record market cap.
The once-plush company behind Vogue and The New Yorker lost $120 million last year, The New York Times reports.
As of Wednesday's close, Apple has gained 19 percent in 2018 and 34 percent in the last 12 months.
The full interview with Ronald Kruszewski.
Wall Street had expected software and services revenue to remain essentially unchanged from the previous quarter.
The hardware giant has recently upped spending, focusing on original content, emerging markets and U.S. job creation.
Apple posted big beats on earnings per share and average iPhone selling price.
Stifel CEO Ron Kruszewski reflects on the company's second-quarter earnings and the "overblown" trade war.
Amazon reported sales of $52.9 billion for the second quarter, up 39 percent from the year-ago period. The numbers trounce Amazon's industry competitors in retail, cloud and tech.
A New Jersey native whose mother took him to civil rights marches says companies and chief executives “have a moral obligation to try to be a force for good,” reports The New York Times.
Rudy Adolf, Focus Financial CEO, talks about the company's initial public offering and booming market for independent financial advice.
Shares fell as much as 24 percent in extended trading.
The full interview with Lori Calvasina.
With no sign of de-escalation in its tariff spat with the U.S. and the absence of a comprehensive plan to address key economic weaknesses, risk remains extremely high. And Qatar's $15 billion investment package may be a mere band-aid.
The FBI has warned banks in the U.S. of an impending cybercrime, a heist called an "ATM cash-out," in which thieves seek to swipe millions of dollars by using cloned ATM cards for fraudulent withdrawals, USA Today reports.
China is "definitely a target" for Ripple, Jeremy Light, the firm's VP of EU strategic accounts, told CNBC.