“Extraordinarily, this debate is occurring at the very moment the Fed — shackled by its bloated asset holdings and the resulting excess reserves of the banking system — has less ability to control interest rates […]
Apple stock was halted in after-hours trading just prior to the announcement, and shares were down about 7 percent when trading resumed 20 minutes later. Apple lowered revenue guidance to $84 billion, down from the […]
When Apple was last this far from its highs, it had a massive surge over the next year. In May 2016, the stock had fallen 33 percent from 52-week highs. Over the following 12 months, […]
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