Apple begins trading Monday after a 4-for-1 stock split which could bring in new investors. But the technology giant's previous splits have preceded short-term declines in market value.
U.S. equity futures were higher as the S&P 500 and Dow Jones Industrial Average look to extend their winning streaks to eight sessions.
The iPhone maker has come under increasing scrutiny over its App Store's rules, which regulators are worried enable anti-competitive practices.
Apple's decision to split its stock was done to help make it more accessible for investors, CNBC's Jim Cramer said Friday, referencing a conversation he had with its CEO, Tim Cook.
Apple CEO Tim Cook said that services revenue set a new June quarter record in China. Chief Financial Officer Luca Maestri added that iPad also set a June quarter revenue record in Greater China.
For more than six hours, members of the House Antitrust Subcommittee grilled the CEOs of Alphabet, Amazon, Apple and Facebook on a wide range of matters. Here's a recap.
With four of the five most valuable tech companies reporting earnings on Thursday, investors may be most focused on comments from Apple.
Dow futures pointed to a strong gain at Thursday's open after a double dose of jobs data.
The CEOs of the four U.S. tech giants — Amazon.com, Facebook, Alphabet's Google and Apple — will testify before Congress in late July as part of an ongoing antitrust probe into the companies, according to two sources familiar with the matter.
Business leaders like Apple's Tim Cook must make it clear to Trump that he can no longer minimize Covid-19, but has to redouble the nation's efforts to bring it under control, writes award-winning author Glen Johnson.
Apple is making changes to its software platform as officials in the U.S. and Europe looking into whether the company's control of its App Store could be anticompetitive.
Valerie Jarrett says corporate leaders need to use their business leverage to challenge politicians who don't act on key race issues, like law-enforcement reform and mail-in voting.
Facebook is committing $10 million to "groups working on social justice," while Cisco is contributing $5 million to organizations.
Dow futures are pointing to a modestly lower Wall Street open, following Monday's 900-plus point surge.
Dow futures point to a modestly lower open Tuesday, erasing most of their earlier losses after Dow stock Walmart soared following its earnings report.
Trump said he and Cook spoke on Friday about economic recovery.
Dow futures pointed to a jump at Monday's open as improved coronavirus data in Europe offered hope for the United States.
Dow futures point to a jump at Monday's open as improved coronavirus data in Europe offered hope for the United States.
Apple more than doubled its donation to China's efforts to fight COVID-19 to over $7 million, CEO Tim Cook posted on Weibo, weeks after the iPhone maker said it had opened all its 42 stores in one of its largest markets.
Apple CEO Tim Cook said the company will donate "millions of masks" for health professionals in the U.S. and Europe while Tesla CEO Elon Musk said his firm is making ventilators.