Q3

Apple Supply Chain ‘Surprisingly Resilient’ Despite COVID-19 Lockdowns: Analyst

According to Wedbush Securities Managing Director Daniel Ives, demand for Apple products is "trending better than management's guidance thus far in the quarter," despite Apple projecting a $4-8 billion USD drop in quarterly revenue due to lockdowns in China — reports Seeking Alpha. The Chinese government has been imposing strict lockdowns in several cities since March...

Netflix Sends Stock Soaring After Beating Earnings Expectations in Q3

On Tuesday, Netflix reported its quarterly earnings for Q3 2018 and revealed that it gained 7 million subscribers during the quarter. The results, which beat analysts expectations by about 2 million, sent the company's stock soaring about 15 percent during after-hours trading. Netflix now has a total of 137 million subscribers, which has grown over...