Stock Markets Analysis and Opinion
The Main Non-Event
2023.05.05 05:07
Whoop dee freakin’ ding dang doo.
The most important earnings announcement of the entire quarter has come out, and it’s a total snoozer. Apple (NASDAQ:) is seeing its stock price absolutely explode to prices not seen since……….yesterday afternoon.
If it weren’t for the fact that they just announced a desperate $90 billion stock buy-back, to counter the fact that their business is literally SHRINKING now, I’m sure you’d be seeing red instead of green.