Tag : earnings

Business

Apple shares climb as iPhone sales rebound, surpassing estimates

omandailynews.com
Apple Inc.’s shares experienced an uptick in early trading after the tech giant reported a rebound in iPhone sales during the last quarter. The world’s most valuable company managed to surpass earnings estimates despite an industry-wide downturn that has affected much of its product lineup. Apple’s overall revenue reached $94.8......
Technology

Meta Platforms enjoys stock surge after smashing Q1 earnings expectations

omandailynews.com
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its forecast for the current quarter while lowering its expense outlook. Trading at $239, shares of the Facebook and Instagram parent company reached their highest levels......