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Trading Ideas

Apple beats profit expectations, plans $100 billion cash return boost

Apple also boosted its capital return program by $100 billion, with repurchases from the increase set to begin in the June quarter, and said it bought $23.5 billion of stock back in the March quarter, a sign that it is bringing back most of its hundreds of billions of dollars in cash to the United States. The share repurchases in the march quarter drove Apple’s cash net of debt down slightly to $145 billion. “We are returning the cash to investors as we have promised,” Chief Financial Officer Luca Maestri told Reuters in an interview. …read more […]

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Trading Ideas

Apple beats profit expectations, plans $100 billion cash return boost

Apple also boosted its capital return programme by $100 billion, with repurchases from the increase set to begin in the June quarter, and said it bought $23.5 billion of stock back in the March quarter, a sign that it is bringing back most of its hundreds of billions of dollars in cash to the United States. The share repurchases in the march quarter drove Apple’s cash net of debt down slightly to $145 billion. “We are returning the cash to investors as we have promised,” Chief Financial Officer Luca Maestri told Reuters in an interview. …read more […]

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Trading Ideas

There's an incredible 'Avengers Infinity War' Easter egg hidden inside the new 'God of War' game

“God of War,” an exclusive that debuted in April for PlayStation 4, is one of the best games ever made because it does such a good job at nailing the fine details. This Shattered Gauntlet of Ages is a direct reference to the Infinity Gauntlet, the centerpiece of the new movie “Avengers: Infinity War.” The gauntlet is a weapon capable of combining the powers of the six Infinity Stones, which each control a fundamental aspect of life itself, in turn. …read more […]

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Business News

S&P, Nasdaq advance on trade optimism, Dow dips

NEW YORK (Reuters) – The S&P 500 eked out a gain on Tuesday after comments from a Trump administration official on trade with China and the Mexican economy minister on the renegotiation of the North American Free Trade Agreement provided cause for optimism.

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