Author: Gavin Cashman
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Apple Card Unveils New High-Interest Savings Account with 4.15% APY for Customers
Apple has officially launched its high-yield savings account feature for Apple Card users, offering an attractive 4.15 percent Annual Percentage Yield (APY). This new feature is designed to provide a competitive savings option for Apple Card holders, helping them earn a higher return on their savings compared to traditional bank accounts. Apple has announced the…
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Stock Futures Daily Update 28
U.S. stock futures experienced a slight decline on Thursday night as investors responded to the latest round of corporate earnings, which included results from tech giants Amazon and Intel, as well as social media platforms Snap and Pinterest. Dow Jones Industrial Average futures fell by 30 points, or 0.09%, while the S&P 500 and Nasdaq…
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S&P 500 Remains Steady Ahead of Major Earnings Reports Amid Economic Slowdown Concerns
The S&P 500 slipped by 0.10% for the week, closing at 4,133.52 points, while the SPDR S&P 500 Trust ETF fell 0.07%. Earnings season was in focus, with reports from Johnson & Johnson, Bank of America, Goldman Sachs, AT&T, American Express, and Procter & Gamble. Netflix and Tesla also released their results. Next week will…
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Earnings Drive Wall Street Optimism: U.S. Stocks Rise Amid Busy Reporting Season
U.S. stocks closed higher on Monday as the market continued to focus on a critical round of earnings reports, particularly from financial institutions, following the failure of Silicon Valley Bank last month. The S&P 500 edged up 0.33%, the Nasdaq Composite gained 0.28%, and the Dow Jones Industrial Average added 0.30%. Bond yields were also…
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JPMORGAN CHASE – FIRST-QUARTER 2023 NET INCOME OF $12.6 BILLION ($4.10 PER SHARE)
JPM strong financial performance across multiple divisions has driven a significant increase in net income, up 52% to $12.6 billion. With net revenue up 25% to $39.3 billion, the firm has experienced growth in Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management, while Corporate results show a shift…
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888 holdings Share Price Rallies 20.87% Amid Robust Financial Performance
The market responded positively to 888 Holdings Plc’s impressive financial results and Q1 2023 trading update, as the company’s share price soared by 18% today. Investors and stakeholders alike have been encouraged by the solid growth trajectory, strategic focus, and strong liquidity position reflected in the report. The company’s robust performance and commitment to building…
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U.S. Consumer Prices Increase by 0.5% in January, Driven by Rising Shelter Costs
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in January, after a 0.1 percent increase in December, according to the U.S. Bureau of Labor Statistics. The increase was driven by the index for shelter, which contributed to almost half of the all items increase. The indexes for food, gasoline, and natural…
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2022 S&P 500 Annual Return
The S&P 500 Price index returned -19.64% in 2022. When dividends are counted, the return would be -18.32%. The dividends generate additional returns which are not included in the initial price return calculation. This is known as the total return and it is a more comprehensive measure of an investment’s performance as it includes both…